All Forum Posts by: Kim Rosinski

If there's a seasoned investor on BP that would be so kind to offer a little direction, I'd greatly appreciate it! I'm not an investor, I worked for one for a few years but I'm not an investor myself. I'm looking for an off market property to utilize some creative financing for a personal residence. My family would like to move out of our subdivision, stay within an hour of our current home and find a home with some acreage and garage space/pole barn. (I know, hard find)  Too bad "House swap" didn't take off b/c that would be ideal. We do have very good credit but current market prices are through the roof in our area due to people fleeing Chicago and heading our way. Great time to sell but terrible time to buy so I'm hoping to get creative. If we didn't have so much "stuff" we'd sell and rent for awhile until the market cools off but not really wanting to move TWICE. Any suggestions on helpful places to look would be greatly appreciated. God Bless!

TONS of Chicagoians moving to NW Indiana so they can keep their same jobs but our weather is much of the same as Chicago and unfortunately, thanks to Lightfoot, we're very over populated right now and home prices are at an all time high. Best of luck! 

@Joe Hammel An old friend who I haven't seen in 20+ years inherited a home. She's about to lose the house. The home shows "In Preforeclosure" online. I'd like the home for a personal residence so I contacted this lady, apologized for her financial difficulties and told her I may be able to save her credit and take the home off her hands. (She's never had a job, just inherited a PAID OFF home). She declined my offer and said "her lawyer will figure things out." The County website shows no mortgage. I paid the County for a special search that also came up dry. She must have a HELOC on this home and that doesn't report to the County. Taxes are slightly behind but not enough to classify as "pre foreclosure" according to the County assessors office. ANY ideas how I can find out who her debt is owed to? As I mentioned, I know her situation and her last job was selling tupperware in 2013 so I don't believe she can afford an attorney. If you have ANY idea how I can find out whose put the home in pre-foreclosure status, I'd truly appreciate any advice you can share! I've been following your comments and you're extremely knowledgeable and have taught me a lot through what I've read already but

I negotiated with the realtor and whatever Investor I bring can purchase the turn key property or assume the mortgage. I also negotiated with the realtor to get her commission down on this deal. There's only about $12k equity with a purchase but if they take over the mortgage, the skies the limit if they lease/option. Any recommendations what I should charge for a referral fee? I have a few cash buyers in mind but haven't approached anyone yet since I'm not sure what to charge. 

Thank you all so much for the advice! Those were properties I found without any effort, just driving my everyday route. I've had great success with warm leads but this area is new to me. Just curious is there was something more I should be doing or if a municipality might have the info I'm looking for. I did receive a reply from an heir today. She was just as confused as I was regarding the home. She did tell me who her moms mortgage which is ironically a bank I used to manage so I've got my associates over there doing some checking on that end. Again, You've all been very helpful! Thanks again!

I've stumbled on 3 abandoned homes recently near me. One home the husband passed, I did find the wife and asked if we can talk about the home, she offered it to me for full price?! After research she owes $5500 in back taxes. This time I sent message (she won't answer by phone but I get a response via social media) and shot her a price. NO answer. Waiting a few weeks and again, same price, no answer. 2nd home has black mold warnings on the front door, owner has passed. I called and sent a letter to the owners daughter, no reply. 3rd property, same area. Owner deceased, found 2 daughters and just sent them a message with my phone number since my letter went unanswered for this one. Are any of these worth pursuing? All homes worth $150-175k range (sorry, I'm new to this so don't know the proper terminology.) The market in this area is VERY hot right now. Illinois taxes have risen dramatically and a lot of people rushing my way (Indiana, 30 min south of Chicago) It sounds like there's a lot of legalities and it's a long shot getting these homes if there's no estate and on the last 2, I don't believe there is. Thoughts? Advice? Or anyone with experience interested in buying referrals? Ha ha.

Any suggestions on finding a good group of people to connect with? I'm checked some groups in my area and it appears most of them you have to pay to join. I was hoping to attend a few meetings and weed out the "good from the bad". Congrats on your success! It does take someone driven to succeed! 

Hi Sam, yes, I am Scouting. Feel free to call me anytime, I'll send you a private message if I can with my contact information. 

Lauren, I'm hoping to work with person/persons (depending on preferred speciality) looking for Scouting rep for the Chicagoland area. This is where a majority of my qualified leads come from, I'm not opposed to scouting other areas as well but at this point, I've only been focused on this area. 

I'm not interested in investing myself but hoping to network with someone who is genuinely interested in pursuing perspective opportunities. 

How many properties do you need managed? I am in the area and would like a chance to discuss this with you if we can communicate directly.