All Forum Posts by: Raymond Pritchett

Quote from @Jonathan Klemm:

You're VERY welcome @Raymond Pritchett!

I have equally found that there is something magical about IN-PERSON MEETUPS...when I left my traditional W2 for a PropTech startup I led our grass-roots business development by going to every possible Chicago Meetup for about 2 YEARS STRAIGHT!

I can not express how significant the SKILLS OF NETWORKING & GENUINE RELATIONSHIP BUILDING have been in my real estate journey.  Keep leaning into that...befriend the hosts and add value however you can!

Can you talk a bit more about what you mean being working the dispo side?   Do you have your real estate brokers license?

No I'm not licensed...yet. I plan on getting licenced during some downtime from school just to have it under my belt. By dispo side I plan on wholesaling and working with other wholesalers in the market who also have leads and connecting them with my buyers if the numbers, location and details are all in a row. 

Quote from @Jonathan Klemm:

Hey @Raymond Pritchett - Awesome to hear that you are jumping into the Chicago wholesale game....why did you start with wholesaling and what are you using to generate leads?

I have a list of several trusted Chicago wholesalers that I could share with you.  @Zach Shepard is lowkey OG of Chicago wholesaling!

 Hey Jonathan. Thank you for the welcome!Lately I have been focused on building my client list and working with active buyers in the market.So far I have found some success via rei meetups and meeting with great people in the market.As for leads at the moment I'm currently sourcing leads via d4d and word of mouth. I had some leads recently but I have found myself connecting more with buyers hence why I'm leaning more towards the dispo side.

Hey everybody I'm looking to connect and work with other wholesalers in the Chicago and surrounding suburb areas. I'm currently working on the dispo side of things lately. New or experienced I would love to connect with others in this space. my dm's are always open

-Raymond

Good evening group. Is anyone here looking for a 12 unit apartment building in Calumet City? It's section 8 approved and is currently bringing in about $14,000/month in rental income. If you want to hear more feel free to dm. -Raymond

Quote from @Jonathan Klemm:

Hello there @Raymond Pritchett - Happy Monday!   Happy to connect and help out any way possible.  If possible, I suggest house hacking to get started...buy a 2-4 unit with the new 5% down program plus add on a renovation to put icing on the cake!

If you are in Chicago and can come out in person I always believe that is the best way to get integrated and be around action-takers.  Here is an upcoming event in February:

https://www.biggerpockets.com/forums/521/topics/1169076-203k...

 Hey Jonathan thank you for the advice. I've been looking into getting my foot in the door with personal acquisitions by house hacking and I'll definitely try making my way to the seminar to connect with other investors 🔥

Quote from @Alecia Loveless:

@Raymond Pritchett Hi Raymond, I’m not in your area but try to go to meetups and association meetings if possible.

Not sure if this is possible if you’re in Chicago proper but I’ve had a lot of luck with my small town bank so I’d say maybe try to find a smaller bank or a credit union to build a relationship with and open an account with that you can begin building a relationship with.

When I first started trying to get loans my small town bank beat the big national ones by a country mile in terms of interest rates and services. They may not beat them for everything like number of ATMs or service branches but they don’t sell their mortgages, they know me by name, and they actually want my business. Last Christmas I even got a box of candy and a hand written Christmas card.

 Hey Alecia thank you for the reply 🙂 will defiantly try my luck with local financial institutions in my area.

Happy sunday everyone,

Im currently in Chicago and looking to connect and build relationships with other real estate investors in the area. What are some strategies and methods that have worked for you guys to find and connect to/build relationships with other investors as a beginner in real estate?

-Raymond

Hey Bryce, I got some potential leads and others actively contacting more leads every day in chicago. Shoot me a dm I would love to chat!

Hey BiggerPockets fam, I'm very new to wholesaling and have been looking for deals in the Tennessee market virtually.I may have found my first deal to put under contract.The numbers are good with room for a more than enough rehab budget and was wondering how I would find a cash buyer in an instance where I have no boots on the ground.I know this question may have been asked a million times already but I would love to learn all different perspectives on the process.Thank you