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All Forum Posts by: Tom Bujnowski

Tom Bujnowski has started 20 posts and replied 55 times.

Post: Bandit signs

Tom BujnowskiPosted
  • Investor
  • Tinley Park, IL
  • Posts 65
  • Votes 27

I have a toll free 800 number with a free recorded message on a new set of bandit signs I ordered. The idea being people might be more willing to call and listen to a message first instead of being "sold" when they call a regular number. Any input from all of you about the free recorded message on your signs.

I will test the results!!

Post: 90 day seasoning

Tom BujnowskiPosted
  • Investor
  • Tinley Park, IL
  • Posts 65
  • Votes 27

My understanding was the 90 day seasoning requirement was was again waived in 2011. However, I'm finding it very difficult to find a lender who will give a mortgage(FHA) to a buyer within those 90 days.

I buy a lot of probate properties at a good price that need little work and am able to put them back on the market quickly. Wells Fargo used to do the loans with 2 appraisals but as of Jan 1st of this year they have declined to do so.

Does anyone know of lenders doing them?

Post: Is it smart to invest in 1 bedroom Condos?

Tom BujnowskiPosted
  • Investor
  • Tinley Park, IL
  • Posts 65
  • Votes 27

I agree with deuce - I would never buy a condo especially a 1 bedroom. Condos are too unpredictable.

Post: top 5 mistakes for out of state investing!

Tom BujnowskiPosted
  • Investor
  • Tinley Park, IL
  • Posts 65
  • Votes 27

I got involved in a commercial project in a neighboring state. Failed to do a lot of due diligence. Also put a lot of faith in the broker representing me.

IT WAS A DISASTER and I'm still cleaning up the carcasses.
Be very careful!!

Post: Jason Hanson

Tom BujnowskiPosted
  • Investor
  • Tinley Park, IL
  • Posts 65
  • Votes 27

I'm a new member and enjoyed reading many of the articles especially those of Jason Hanson. However, I haven't seen any recent posts. Is he still active with the group?