All Forum Posts by: Pierre Clark

Thanks for the info link. As I mentioned in the other post, I've been doing research on all aspects of real estate investing for two years while slowly building up my knowledge and contacts. I started a non-profit community-development corporation which does affordable housing (new construction and rehab) in Chicgao.

I came to the work as a grantwriter and program developer and started attending meetings, reading books and learning the business from the perspective of the professional investor. I've talked to hundreds of investors in Chicago, bankers and hard-money people. I learned how to do property research using many free info tools that are available online. I had been thinking about real estate investment since reading Robert Allen's first book in 1984 and it took me nerly twenty years to take action, during which I missed the biggest real estate boom in American history. So for those who are thinking about waiting, I can tell you from experience don't do it, you're only leaving your own fortune on the table by waiting.

I'm active now and have a lot of potential deals working through information from the network of investors that has grown up around me.

Some ideas on finding wholesale properties that other investors shared with me include: check your county recorder of deeds for lis pendens notices; form a real estate investment club; create and mail out a newsletter (paper and electronic); market yourself to church pastors, funeral home directors, and accountants who often hear about proprty deals and potential sellers.

Thanks again for your tips

Christy, your real world experience and common-sense business ethics come through in your post. I am an investor/developer working on new/rehab housing in Chicago, partnering with investors on deals and consulting with investors on deal structures and organizational development (setting up LLCs and corporations).

I learned a great deal from your post and am already putting your suggestions and insights to use.

I would like to correspond with you to learn more from you about your deal philosophies and experiences. I am also interested in doing deals and if you are interested in partnering with someone in Chicago send me an e-mail and we can start corresponding. I have some deals I am working on right now with multi-unit buildings, two-to-four flat buildings, single family homes and new construction opportunities.

Again, thanks for your very insightful post. You helped many people with your words of wisdom.

I agree with the above poster, these answers are very straightforward. Over two years, I've done a lot of research into real estate investing and now I am ready to stop researching and start doing. I have a partner with some money and we want to go into wholesaling. My question is: what are the best strategies for finding properties to wholesale? Thanks in advance for the straight advice.