All Forum Posts by: Michael Carbonare

The state of Illinois, like every state, has many markets, many of which will be quite different from others.  One market may be a strong sellers market, while a county over could be something entirely different.  If you're just getting started I think you'll find it easier to narrow down your search to a local county or two.  

Don't give up the dream, Ra'Jon.  The Knicks suck.  Show 'em your tape and you're on the roster.  

@Brian Kempler  You've noted on several occasions that you've gone through several lease options courses.  Which courses?  You probably know more than you think you do.  What's holding you back?  I've been working these deals for 20+ years.  They aren't as complex as you seem to think they are.  You might want to consider lease option assignments, specifically Cooperative Assignments, as you entry in lease options.  Risk free and no cash upfront.  Smart and safe.  My two cents.

Committing to what?

What enabled me to get started in this business was learning and then utilizing various types of lease options.  I specifically used a strategy called a cooperative assignment.  Done correctly they are risk free and require all of $5 out of pocket.

The closest I come to nothing down is with lease option assignments, specifically cooperative assignments.  Risk free, and typically $5 down to secure the deal.

The myth, the fantasy, the dream. . .wholesaling.

No, definitely don't want your personal number on a bandit sign.  Get yourself a Google Voice number or something similar.

@Sarp Ka  I've lived in south FL for about 21 years.  Single family houses will not work as rentals.  Property values have skyrocketed, taxes are high, and there are HOAs to contend with.  You may need to consider out of the area/out of state properties.