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All Forum Posts by: Marilou R.

Marilou R. has started 4 posts and replied 15 times.

Post: Another Successful BRRRR in Chicago!

Marilou R.Posted
  • Gurnee, IL
  • Posts 15
  • Votes 4

Great job @Martin Neal! 

I am currently fixing a house and my numbers are not great. But anyway I am charging it to my education. Looking for my next project before the year ends.

@Rick Rudman

I’m a newbie investor and very hopeful of How we can work together in the near future.

 Questions. How do you prequalify an applicant? do you have a certain zip code area, size of a project, a standard profit margin, that we need to look for properties to match your criteria? Is it the same for every state or it varies from one place to another? Is there a limit as to how many projects we can work with you in a given time?

@Chris Mason @Ralph Stowe Thank you  very much for the information. It sure helps this newbie a lot. 

I just talked to a seller and is ready to sell her house for a rent to own with all my rent and deposit going towards the purchase of the house. What contract should I ask her to sign so I can secure our agreement?

Post: What books have changed your life

Marilou R.Posted
  • Gurnee, IL
  • Posts 15
  • Votes 4

The Bible KJV 1611 ;). There's a lot of lessons with regards to money and investing here and truly made accountable of what I have and should I do. with what I have. Just a thought.

Rich Dad Poor Dad

Rich Dad's Cashflow Quadrants

Richest Man of Babylon

Recent ones I read is the "BRRRR" and "Long Distance Investing" books of David Greene. I learned a lot! Thanks to him, I am not that afraid to look for properties in other areas now. I just wish I read that before I started our rehab.

Post: Closing agent

Marilou R.Posted
  • Gurnee, IL
  • Posts 15
  • Votes 4

@Rebecca Holmes

How about in the Cook County or Lake County Illinois?

Post: Closing agent in Lake County Illinois

Marilou R.Posted
  • Gurnee, IL
  • Posts 15
  • Votes 4

Thank you. I will call them.

Post: Closing agent in Lake County Illinois

Marilou R.Posted
  • Gurnee, IL
  • Posts 15
  • Votes 4

Hello.

I need a closing agent who understands real estate investing in Lake county area in Illinois. Appreciate your referral.

Marilou

Post: Real estate contracts illinois

Marilou R.Posted
  • Gurnee, IL
  • Posts 15
  • Votes 4

Appreciate all the help and advise I got

@Mark A. & @Ed M

Thanks for the great advise. 

@Bob E.

Thanks.

@James S. 

Will consider this too.

@David B.

This too.

Post: Real estate contracts illinois

Marilou R.Posted
  • Gurnee, IL
  • Posts 15
  • Votes 4

@ed Matteson

I saw the new contract Multi 6.1. My question - can I use it? Says any duplication is not allowed.. How can I have my own contract so I can make offers using a standard one recognized by realtors? A realtor/ friend says I have to buy it but they will ask for member ID and I am not a realtor and cannot be a member.

@craig Wilcox

I am thinking of targeting the Lake, Cook and Dupage.