And at the time time I would find someone with some cash (either personal savings or retirement funds) sitting in money market account losing to inflation and offer them 6-8% return to lend to me secured by real estate.

I’m looking to get involved in the Chicago market once I get a grip on this whole thing a little closer to me, maybe we’ll cross paths in a few years!

There are so many free resources and it really is disappointing to me that people try to get new investors to pay for what is in my eyes a scam.

Didn’t actually realize it was on Hubzu until my agent pointed it out to me (I saw it via a Redfin listing with the reserve price listed).

It just seems to me that if the house truly only needs $5k in fix ups, why would they drop the price $35,000?

When buyers come to me directly without a buyers agent, I can tell you 100% of the time they have paid considerably more than they would have with an agent, and I convince them of what a great deal they got.

(Seems overly optimistic to me) ie .

And while your long term plans are to ultimately open your own brokerage, you can "get into the game" by doing something that has proven to be very successful to me in my years of investing, and that is sending offers to owners directly.

This property to me looks like it will cash flow and since it needs updating etc, there is plenty of value that I can add.

Learning be it reading or from other people is huge to me.