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All Forum Posts by: Michelle Williams

Michelle Williams has started 36 posts and replied 82 times.

Post: Wholesaling to Real Estate Agent

Michelle WilliamsPosted
  • Wholesaler
  • Chicago, IL
  • Posts 86
  • Votes 15

Thanks for your insights Patti, in this case the other wholesaler has dropped out of the deal but the information is very helpful going forward.  I appreciate you taking the time to respond! Have a wonderful 2017. 

Post: Chicago Action Investors

Michelle WilliamsPosted
  • Wholesaler
  • Chicago, IL
  • Posts 86
  • Votes 15

Hi @Account Closed, I'll PM you! 

Post: Wholesaling to Real Estate Agent

Michelle WilliamsPosted
  • Wholesaler
  • Chicago, IL
  • Posts 86
  • Votes 15

Hi fellow wholesalers

I'm wondering if you can help with my query.  We currently have a property under contract which we are co-wholesaling with another wholesaler who has brought in a Broker/Realtor.  The Broker's Contract refers to us as the 'seller' and as such requires our signature under 'seller'. I am concerned that as wholesalers, we are NOT the owner of the property and only have the right to assign the contract and not sell the property.  

Although we have the contract, can we sign the Broker's Contract as the 'sellers'? If not, could you please clarify why not and if there are legal ramifications for doing so.

Thank you in advance for your help.

Michelle

Come take ACTION with Chicago Action Investors (CAI)

Yes this group is all about kicking A.S.S! No sitting, no quitting, no deliberation, or hesitation, just swift and calculated strategies to take you from starter to MASTER on your REI journey.

Starting out as a Real Estate Investor can be a lonely time filled with doubt and insecurity. You know where you want to get to but have no road map to get you there.

You’ve spent hours reading books and blogs, picked up every podcast possible and networked with other newbies and pros at your local REI club. But still, you haven’t analyzed a deal or made an offer, closed a transaction or sourced financing!

But that’s all about to CHANGE right NOW if you’re ready to take ACTION!

CAI meets up every Saturday on the south side of Chicago to analyze prospective properties for deals. Our goal is to form partnerships to close on these deals in a short but realistic timeframe. It’s a great way for newbies to get started in Real Estate Investing using no money down techniques.

A well-structured joint venture is the only sure way to get in on solid opportunities to increase your bottom line.

Collectively, we are much more powerful and capable than any one individual could ever dream of becoming on their own. And that is why we’ve teamed up with experienced investors and created a ready-to-go system that creates a powerful opportunity for you to build more wealth.

Working with a team of like-minded individuals with the same goals and objectives is the ultimate leveraging tool to increase gains and expand your real estate portfolio.

The Benefits of Joining Chicago Action Investors

  • Get started RIGHT AWAY with Real Estate Investing using no money down techniques

  • • Take ACTION and execute your first deal in weeks not months


    • Get aligned with our Ready-to-go team of RE Investors, Contractors, Closing Agents and Attorneys


    • Learn how to analyze deals and make offers on flips, buy and hold, and even commercial property


    • Get hands-on education and take ACTION in-the-field with our weekly meet-ups


    • Access funding without collateral, we'll show you how!


    • Keep motivated, stay focused, get supported and close deals confidently with the help of experienced mentors


    • Build a solid, personable network with like-minded investors

    Get out of your comfort zone and REALIZE your REI GOALS by taking ACTION with Chicago Action Investors!

    PM me to receive location details for Saturday's meet.

    Regards

    Michelle 💜

    Come take ACTION with Chicago Action Investors (CAI)

    Yes this group is all about kicking A.S.S! No sitting, no quitting, no deliberation, or hesitation, just swift and calculated strategies to take you from starter to MASTER on your REI journey.

    Starting out as a Real Estate Investor can be a lonely time filled with doubt and insecurity. You know where you want to get to but have no road map to get you there.

    You’ve spent hours reading books and blogs, picked up every podcast possible and networked with other newbies and pros at your local REI club. But still, you haven’t analyzed a deal or made an offer, closed a transaction or sourced financing!

    But that’s all about to CHANGE right NOW if you’re ready to take ACTION!

    CAI meets up every Saturday on the south side of Chicago to analyze prospective properties for deals. Our goal is to form partnerships to close on these deals in a short but realistic timeframe. It’s a great way for newbies to get started in Real Estate Investing using no money down techniques.

    A well-structured joint venture is the only sure way to get in on solid opportunities to increase your bottom line.

    Collectively, we are much more powerful and capable than any one individual could ever dream of becoming on their own. And that is why we’ve teamed up with experienced investors and created a ready-to-go system that creates a powerful opportunity for you to build more wealth.

    Working with a team of like-minded individuals with the same goals and objectives is the ultimate leveraging tool to increase gains and expand your real estate portfolio.

    The Benefits of Joining Chicago Action Investors

  • Get started RIGHT AWAY with Real Estate Investing using no money down techniques

  • • Take ACTION and execute your first deal in weeks not months


    • Get aligned with our Ready-to-go team of RE Investors, Contractors, Closing Agents and Attorneys


    • Learn how to analyze deals and make offers on flips, buy and hold, and even commercial property


    • Get hands-on education and take ACTION in-the-field with our weekly meet-ups


    • Access funding without collateral, we'll show you how!


    • Keep motivated, stay focused, get supported and close deals confidently with the help of experienced mentors


    • Build a solid, personable network with like-minded investors

    Get out of your comfort zone and REALIZE your REI GOALS by taking ACTION with Chicago Action Investors!

    PM me to receive location details for Saturday's meet.

    Regards

    Michelle 💜

    Come take ACTION with Chicago Action Investors (CAI)

    Yes this group is all about kicking A.S.S! No sitting, no quitting, no deliberation, or hesitation, just swift and calculated strategies to take you from starter to MASTER on your REI journey.

    Starting out as a Real Estate Investor can be a lonely time filled with doubt and insecurity. You know where you want to get to but have no road map to get you there.

    You’ve spent hours reading books and blogs, picked up every podcast possible and networked with other newbies and pros at your local REI club. But still, you haven’t analyzed a deal or made an offer, closed a transaction or sourced financing!

    But that’s all about to CHANGE right NOW if you’re ready to take ACTION!

    CAI meets up every Saturday on the south side of Chicago to analyze prospective properties for deals. Our goal is to form partnerships to close on these deals in a short but realistic timeframe. It’s a great way for newbies to get started in Real Estate Investing using no money down techniques.

    A well-structured joint venture is the only sure way to get in on solid opportunities to increase your bottom line.

    Collectively, we are much more powerful and capable than any one individual could ever dream of becoming on their own. And that is why we’ve teamed up with experienced investors and created a ready-to-go system that creates a powerful opportunity for you to build more wealth.

    Working with a team of like-minded individuals with the same goals and objectives is the ultimate leveraging tool to increase gains and expand your real estate portfolio.

    The Benefits of Joining Chicago Action Investors

  • Get started RIGHT AWAY with Real Estate Investing using no money down techniques

  • • Take ACTION and execute your first deal in weeks not months


    • Get aligned with our Ready-to-go team of RE Investors, Contractors, Closing Agents and Attorneys


    • Learn how to analyze deals and make offers on flips, buy and hold, and even commercial property


    • Get hands-on education and take ACTION in-the-field with our weekly meet-ups


    • Access funding without collateral, we'll show you how!


    • Keep motivated, stay focused, get supported and close deals confidently with the help of experienced mentors


    • Build a solid, personable network with like-minded investors

    Get out of your comfort zone and REALIZE your REI GOALS by taking ACTION with Chicago Action Investors!

    PM me to receive location details for Saturday's meet.

    Regards

    Michelle 💜

    Post: Chicago Action Investors

    Michelle WilliamsPosted
    • Wholesaler
    • Chicago, IL
    • Posts 86
    • Votes 15

    I'll PM you @Sam Yi

    Come take ACTION with Chicago ActionInvestors (CAI)

    Yes this group is all about kicking A.S.S! No sitting, no quitting, no deliberation, or hesitation, just swift and calculated strategies to take you from starter to MASTER on your REI journey.

    Starting out as a Real Estate Investor can be a lonely time filled with doubt and insecurity. You know where you want to get to but have no road map to get you there.

    You’ve spent hours reading books and blogs, picked up every podcast possible and networked with other newbies and pros at your local REI club. But still, you haven’t analyzed a deal or made an offer, closed a transaction or sourced financing!

    But that’s all about to CHANGE right NOW if you’re ready to take ACTION!

    CAI meets up every Saturday on the south side of Chicago to analyze prospective properties for deals. Our goal is to form partnerships to close on these deals in a short but realistic timeframe. It’s a great way for newbies to get started in Real Estate Investing using no money down techniques.

    A well-structured joint venture is the only sure way to get in on solid opportunities to increase your bottom line.

    Collectively, we are much more powerful and capable than any one individual could ever dream of becoming on their own. And that is why we’ve teamed up with experienced investors and created a ready-to-go system that creates a powerful opportunity for you to build more wealth.

    Working with a team of like-minded individuals with the same goals and objectives is the ultimate leveraging tool to increase gains and expand your real estate portfolio.

    The Benefits of Joining Chicago Action Investors

  • Get started RIGHT AWAY with Real Estate Investing using no money down techniques

  • • Take ACTION and execute your first deal in weeks not months


    • Get aligned with our Ready-to-go team of RE Investors, Contractors, Closing Agents and Attorneys


    • Learn how to analyze deals and make offers on flips, buy and hold, and even commercial property


    • Get hands-on education and take ACTION in-the-field with our weekly meet-ups


    • Access funding without collateral, we'll show you how!


    • Keep motivated, stay focused, get supported and close deals confidently with the help of experienced mentors


    • Build a solid, personable network with like-minded investors

    Get out of your comfort zone and REALIZE your REI GOALS by taking ACTION with Chicago Action Investors

    PM me to receive location details for Saturday's meet.

    Regards

    Michelle 💜

    Post: New Member- Mike from Chicago

    Michelle WilliamsPosted
    • Wholesaler
    • Chicago, IL
    • Posts 86
    • Votes 15

    Welcome @Michael DeQuattro you're in the right place for great education and loads of support. I see from your profile that you'd like to acquire more rental properties. I've literally just posted this great off market deal in the market place. You can find it here: https://www.biggerpockets.com/forums/517/topics/38...

    Post: Great Off-Market Multi-family Unit, Priced for Quick Sale Chicago

    Michelle WilliamsPosted
    • Wholesaler
    • Chicago, IL
    • Posts 86
    • Votes 15

    Off Market Multi-family Unit

    A Landlord’s Dream - $51,331 – Perfect for SCT8

    13831 S La Salle St, Riverdale, IL 60827

    Modern Brick Triplex Apartment Building in Chicago consisting of 8 beds 3 baths – 2 x 3 bed and 1 x 2 bed

    Size: 2,980 sqft

    ARV: $140,00 low - $160,000 high (conservative)

    Total Repair Cost: $53.038

    Net Monthly Cash Flow: $1,322

    Total Return (cash + equity) 15.2%

    Contact me for a comprehensive Rental Property Report/Pro forma and Pictures

    Similar Properties Sold in the Area

    SOLD: $148,000

    Sold on 4/20/2016

    6 beds, 3.0 baths, 2100 sqft

    11311 S Langley Ave, Chicago, IL 60628

    SOLD: $150,000

    Sold on 1/6/2016

    6 beds, 4.0 baths, 3052 sqft

    409 Prairie Ave, Calumet City, IL 60409

    SOLD: $159,900

    Sold on 2/11/2016

    7 beds, 3.0 baths, 2310 sqft

    12419 Maple Ave, Blue Island, IL 60406

    SOLD: $165,000

    Sold on 5/31/2016

    9 beds, 3.0 baths, -- sqft

    10058 S Lowe Ave, Chicago, IL 60628

    SOLD: $173,000

    Sold on 2/14/2016

    8 beds, 6.0 baths, 4900 sqft

    13815 S La Salle St, Riverdale, IL 60827

    Parking: 2 door garage plus side drive for 5-6 cars

    Located near Park, and within walking distance of the Chicago Metro Train and Bus Transportation.

    Other Triplex on this road are currently rented.

    This is an excellent Cash flowing investment opportunity.

    We have other great rehab deals available NOW! None of our properties are EVER listed and we always have deals!

    You Invest, We’ll Take Care of the Rest!

    We also help Investors build a diversified Real Estate portfolio using our end-to-end services from acquisition, to renovation plus full property management.

    Gain the benefits of cash flow and appreciation, while leaving the legwork to us. We offer a FULL inventory of relatively high cap rate properties for sale in Chicago & the surrounding suburbs.

    Be sure to join our V.I.P buyers list to hear about our hot deals BEFORE anyone else: http://mtrei.com/

    Call or email Michelle Williams with questions or to get access to our properties.

    Email: [email protected]

    Call: 312 869 2227