Originally posted by Eleena de L.: Originally posted by @Darrell Shepherd: I have "dealmaker" on my card, not that I carry any around.

I got the chance to briefly speak with Wendell De Guzman, as well as some other great experienced investors in the Chicago area.

Acapulco Way around a very charming block of fourplexes, which have street addresses on “Santa Paula Way”, “Ponce de Leon” and of course “Acapulco Way”.

Delaware is a favorite location for a lot of investors.

I haven´t found a local REI club either and since you are the first person I find that shares the same enthusiasm as I do, let me tell you what I'm doing and I hope it might be useful for you.After doing a Market study about rents within different áreas that I thought would be profitable to invest (and within my possibilities) I used my credit and leverage a 39k, 25 year loan with a 7.25% rate and bought a small one floor house (72m2), the owner agreed to defer the 3k down payment into 10 monthly equal amounts.My project is placed in Merliot, which I believe has favorable ingredients like job sources, low crime rate, easy Access, universities, commercial malls and I think the “Diego de Holguin” will bring development to the área.

I had 3 to 6 guys working for me every night and we did most of our work in Delaware County, PA.Once I graduated, I started to work for an engineering firm as a field technician working all over the country on Cathodic Protection systems on pipelines.Last April I decided to get my real estate license because I wanted to learn about the industry and save on the commission for each rental property I acquire.Bought my first multi-family in Quakertown, PA August, 28th of 2019 ( I was 22 years old).

I've logged in before but it's been a while.
I was actually logging in to post some news but I bet if I read the new rules and regs it will say something about a certain number of postings before I am allowed to. I g...

Currently learning Spanish pero hablo un poco de Espanol.

Thanks for your reply Tiffany - "Having money to invest does not make you an investor" - @Wendell De GuzmanHow true that is.I have fully scrapped the idea of buying those 4 new construction homes as Sean has pointed out is a  bad deal for what I am trying to achieve. 3.8% return, I am better off leaving the money in blue chip stocks and doing nothing.

Of course their applicability will depend greatly on how you structure your deals and what flexibility you have to "one off" something to accommodate this investor.First it might be worth your while to explore the structure of a Delaware Statutory Trust.