All Forum Posts by: Nathaniel M Cooper

I actually have a relating question. I'm finding that the address is leading to Post offices on Google Maps. It has a Unit number. Does this mean its a PO Box?

Hey @Kyle Mccaw, I was just looking at some videos of Sean. He answered a lot of questions I had. You said you used his calculator and was successful with it. I have a question: When finding lower comps for the calculator, they should be the lowest price comps around the subject correct? Same for finding the highest price comps around the subject property?

My next question is about the types of comps you can use. I seen him use comps of properties ON SALE at retail around the subject or pending. he used this because he couldn't find enough Sold Comps even through adjusting. Can this be used all the time or only when the market is hot? Thanks.

My question is why would any Real Estate Agent work with a wholesaler/flipper? What value can I offer as a newbie to an Agent without feeling like i'm using him/her? They got to get paid too. I don't feel a coffee and lunch is enough. How can I be of service to an Agent in return for comps on the regular?

I ask this because I keep hearing about the "investor friendly" but I would think even they have something to gain. I'd like to know what that is.

Thank you @Chris T., I guess I am going to have to be in the thick of it first before I can give you specifics. I really don't have any. If I have no other choice but to talk to an experienced GC. Do you guys know any reputable GC's on the South Side that deals with Investors regularly? I just need a starting point.

@John Warren, Sorry if I wasn't specific. I'm currently new and gathering information so there is nothing in the pipe line just yet but i'm looking at single family homes first. Nothing too big, no apartments yet.

The primary reason i'm asking is for pricing. GC versus not using one. Since not using one is cheaper (So they say) should a beginner do that or should they hire a GC until they understand how to do it themselves?

Thank you @Ronan M. I definitely will. 

Thank you. The South Side for sure. I do want to invest outside Chicago. If I find the success I seek, I would like to go back to my second homes Minneapolis and Los Angeles in the future.

Greetings BP. My name is Nathaniel Cooper, newbie investor, and I currently reside on the South side of Chicago and i'm looking to network and connect with the many of our successful investors, agents and contractors who want to make some serious money!!! I can't wait to make it to the REI Groups in town and meet you all!

I am a little nervous but my hope is to connect with fellow investors, agents, contractors and buyers and develop long lasting relationships and partnerships with them to grow this business and make some money. 

I'm currently interested in doing Wholesale, Flipping, Rehab while setting up Rentals for passive income in hopes to quit my brutal 9-5 that has taken over my time and social life. I hope I can be a great value to you guys in the process as I think my drive, intelligence, and determination will help us all succeed one way or another.

Hey everyone, do you guys recommend using General Contractors when working on your first few deals or should you do it yourself and hire each contractor separately? What is the pros and cons between the two options for a beginner? 

I don't see a simple solution. If her credit is poor or not good, she would at least have to have someone move in with her with really good credit and income. So unless her mom is moving in with her, I wouldn't do it.

When I moved into an apartment with my dad. I had poor credit but good income and cosigned with my dad who at the time had OK credit and lower income. The reason for the co-sign however was because his income alone wasn't enough, I had the higher paying job and he was retired so our combined income got us the lease.

Every landlord is different and its ultimately up to you. If you do it, at least make sure their deposit is high enough, just in case.