I am thinking, why not split off the back house and sell it individually?

I got myself involved with some individuals in the midwest and are now connecting deals for REO's in Chicago.

I've been told that letters aren't the most effective way to contact owners of large apt. complexes.Supposedly, the best way to get into the loop and have the first crack at purchasing larger multi-family properties before they hit the market is to (1) network with commercial real estate professionals such as Scott the CCIM (2) join commercial real estate organizations such as the IREM, BOMA, NAA, and ICSC or befriend individuals that are members (3) approach a property owner in the flesh and (4) network some more.You agree Scott?

I mean...with 2-4 properties I think it's manageble....but how do I deal with this risk ?

I am a doctoral student with: [list]little debt (car loan and 35k in student loans), little assets (3k in an index fund, 7k in a target retirement fund/Roth IRA, 1k in individual stocks, 5k in cash), little income (just my student stipend of less than $20,000/year and another $2-3000 from web design and illustrating jobs on the side), and a little family (wife and two kids).

There are reciprocal agreements with other states which allow a licensed individual from a qualified state to take the second state's exam without completing the course requirements.

You can go online and find a dozen homes at 65c on the dollar within 24 hours.The key is to find institutional and individual wholesalers.

Common clouds on title are liens, which can be attached to a specific property, such as a mechanic's lien, and judgments, which can be attached to a specific individual, such as a judgment for child support.

Will I get interest from a different type of individual with a custom sign?

(From the article)"Owning property as an individual creates unlimited liability."