All Forum Posts by: Laura Folk

Hello,

I am working tax delinquent properties in Dupage and Kane counties in Illinois. I originally took a class years ago with Joanne Musa about how to bid at the auctions. More recently I took one with Coach Mitch. I had also taken Rick Dawson's. I send out letters that I've tweaked from the courses. I've gotten some responses but usually the owners say they are going to pay the taxes, etc. Some are deceased owners, some might be renters living there, so it's tough. Takes a lot of work, although I've been told to just send the letters and do research later if they call me back. I've done skip tracing to contact relatives but usually little response or the phone #s are no longer accurate. I've gone so far as skip trace a drivers license of a car in the driveway and found it to be the daughter of the decease, however, she didn't contact me back. Obviously she's living rent free. Then there are properties that end up being listed on the MLS and sell before the deadline.

I am a fairly new member in BP Pro from Carol Stream, IL. My background has been in accounting in a variety of industries, including a homebuilder, then a couple real estate companies. I started my LLC in 2014 after taking numerous real estate courses. Currently a member of CCIA and Chicago REIA. I've taken the 6 week course with Andrew Holmes (2/5/7) as well as studied numerous other courses with Laura Al Amery, Rick Dawson, Coach Mitchell, Shawn Buige, Joanne Musa & Larry Goins. I enjoy going to meetings, educating myself and meeting new investors. Looking to build long term relationships and/or partnerships as well. I'm focusing mainly on finding properties that are tax delinquent to wholesale or acquire for cash flow. My goal is to be able to accumulate enough properties to be comfortable in retirement and leave something for my children. I look forward to meeting other BP members and hopefully do some transactions together.