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All Forum Posts by: Jerry Stanford

Jerry Stanford has started 21 posts and replied 447 times.

Post: Investor Friendly Title Companies

Jerry StanfordPosted
  • Chicago, IL
  • Posts 469
  • Votes 81

@Nick Patterson...any particular reason to stay away from Guaranty National Title??

Post: Title Companies/REA's

Jerry StanfordPosted
  • Chicago, IL
  • Posts 469
  • Votes 81

No...you can close at a title company without one...

Post: New Wholesaler from Illinois

Jerry StanfordPosted
  • Chicago, IL
  • Posts 469
  • Votes 81

The area could be part of it or even something as subtle as the postcards you send.  I did a direct mail campaign over a year ago and used listabilityonline.com.  I had over a thousand records and got about 75-100 calls.  I used only Cook County zip codes and I pretty much stayed within the Chicagoland area as that's what I know best. The interesting part is that many of the vacant properties were not vacant, they had tenants in them.  

Post: New Wholesaler from Illinois

Jerry StanfordPosted
  • Chicago, IL
  • Posts 469
  • Votes 81

Welcome @Brandon Gentry!!  Did you have a target when you sent out postcards?? Evictions, probate, vacant homes, etc??  I'm figuring when you say that the postcards didn't produce much that it did produce something.  Did you notice any type of trend or something particular about the response that you did get? 

Post: SFH in North Lawndale of Chicago

Jerry StanfordPosted
  • Chicago, IL
  • Posts 469
  • Votes 81

IMO...North Lawndale is similar to the south side of Chicago.  There are developments and construction areas but it's still spotty. Because of the expansion of UIC and the renovation of Taylor St and the addition to Rush Hospital it has changed the landscape.  With it already having a tenant in place, it MAY be a good deal.  My mind goes to how long has the tenant been there and are they considering staying as that will be a factor for your consideration of cash flow.  

Congrats on getting your license!!  I'm with Kale and @Nick Patterson has been a great help to me!!

I actually wondered that myself.  I've seen it but I haven't purchased it. 

Welcome to BP @Jerry Bliss!!

Good Idea @Pat Giblin and Congrats!!  I wish I knew of a great space for you.  I'll keep my eyes and ears open...