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All Forum Posts by: Sam Burnoski

Sam Burnoski has started 7 posts and replied 25 times.

I am looking to get some information about developing a vacant lot in Dekalb County IL. I would really like to price out/get more info on the construction of a mixed use property. Probably a large office on the bottom then 2 apartments on top. Property is in downtown area of a small town. Can anyone point me in the right direction? Or are there any developers or representatives of construction companies that are interested in exchanging some emails or having a conversation? Let me know. Thanks, Sam
John Covi Jr I am happy to help as I had some of the same questions. 1. There is no book with the 15 hr section. It's only case studies. You read a scenario, you take a short quiz about it, then the instructor (a recording, not live) walks through the scenario and all the questions. 2. It says you can only complete it during the day (the times you referenced), but I found that you can work on the lessons outside of those hours. I never logged out and I was able to complete the sessions over a weekend. I think I spent 4-5 hours on a Friday, a few hours on Saturday, then a couple hours on Sunday then I was done. It was very quick. You will have no problem getting through this portion after the 75 hr part. Also I wound up going with Kale Realty. They are 100% commission and had low fees compared to the others I looked up. The icing on the cake, though, is that they do actually provide a ton of support for their brokers as well. During my onboarding I told them I was surprised about how much they offer their brokers in support, and they very transparently said that there was no reason not to. They don't want people to leave disgruntled because then they lose the money that they pay in fees, and if they offer support, their brokers are less likely to mess up and cause legal issues. It just makes sense for their business model to work. They have support people dedicated to transactions, investing, marketing and more available to you everyday whenever you need them. There isn't a ton of lead generation help, there is some, and I'm sure if you asked for it they would help you more, but if you join a 100% commission brokerage, you're not really looking for that. So this isn't a problem for me as I am mainly an investor. I feel like I'm making them sound too good to be true haha but I am not benefiting from telling you this I would recommend them, but do some research! Maybe you'll find an even better fit.

Post: Investor/agent seeking sponsoring broker in Chicago Suburbs

Sam BurnoskiPosted
  • Schaumburg, IL
  • Posts 26
  • Votes 7
Marc Allen I will look into them. Thanks!

Post: Investor/agent seeking sponsoring broker in Chicago Suburbs

Sam BurnoskiPosted
  • Schaumburg, IL
  • Posts 26
  • Votes 7
Thanks! @Nate Shields

Post: Investor/agent seeking sponsoring broker in Chicago Suburbs

Sam BurnoskiPosted
  • Schaumburg, IL
  • Posts 26
  • Votes 7
Sure! Anything helps Harjeet Bhatti
Hello again. A few days after my last post I was sent the final I had mentioned and passed it. After that I emailed the company to tell them I had passed and shortly after, they mailed my transcript to me showing that I had finished the course. That all was pretty straightforward. Then I searched all around for how to prepare for the exam. For free, I was only able to find bits and pieces of practice tests in different places around the internet, most of which I noticed had old information. I even picked up a practice test booklet from the library where I work (I work at a college), but it was from 2010. Basically, I couldn't find any substantial studying sources that were free. I wound up paying $50 for ExamSmart and decided to go all in with that. I did practice tests over and over and went through most of the questions in every section that they have available. I then took the real exam 3 days ago and passed. I would say, in regards to the ExamSmart questions, maybe a third of the Qs in the exam were very similar to the Qs asked in ExamSmart, about half the Qs on the exam covered similar topics that were addressed by the ExamSmart Qs, and the remaining percent (16.66%?) were not covered by ExamSmart- I remembered most of these from the coursework though, and there were only a few Qs where I just had no idea. Also, the exam center's printer was broken, so we were not able to see our results right away like normal. That didn't make much sense to me, but anyway... So the results were mailed to us and I just got them today. Now on to the next thing- seeking a managing broker

Post: Investor/agent seeking sponsoring broker in Chicago Suburbs

Sam BurnoskiPosted
  • Schaumburg, IL
  • Posts 26
  • Votes 7
First- sorry to start another thread on this, but I can't find any others through keyword search on BP, and I was spinning my wheels Googling I just passed my IL broker exam and I am seeking a sponsoring broker. I am an investor (in addition to my full time job in digital marketing) and mainly wanted to get my license for my own deals that I'll be doing. I have relatives and friends I will help out as well. I currently live in Dekalb, IL but plan to move further east very soon (this will be my first deal as soon as I find a sponsor). As with many other investors on BP, I am seeking a high commission split, or maybe 100% commission if fees are reasonable. I would love to start some dialogues here through BP. Any responses will be greatly appreciated. Thanks!
(Cont. from previous post...) It's 6 units, all audio sections then open response quizzes about case scenarios and their implications. It's all review of what you learn in the 75 hr portion. Now I have to email them and have them send me another final exam for this section. Then if I pass that, I should be all done with my course work and ready to take the real exam! More updates to come.
So I requested the 15 hr class get sent over to me on Monday of last week, was told I would get it later in the week. I received a link to start the class Friday night at like 8 pm haha The good news is it was really quick and easy and I was able to finish it over the weekend.
Yeah mine said I had a 0% for the intro section, too. It also says I got an 83% on the unit 23 quiz when the physical quiz shows I have all the answers right. Must just be glitches. I passed the test today and emailed them. Now we wait... hah hopefully by end of tomorrow they will send me info about the next portion. I know the 15 hr portion just has to be "interactive" whether online or not. So I'm thinking it will be online, whether it's a webinar (or multiple webinars) you have to check in to at a certain time or if you can do it on your own time- I do not know. But I'll post on here as soon as I find out. And thanks Nate Shields It's coming along! glad to be done with the longest part