Hi Folks,

Found the podcast through Stitcher and have back tracked about 20 archived episodes over the last couple of weeks.  I should have been here a long time ago because I feel like I am on an island at times.  

About me:

My experience in real estate includes about 50 closing transactions for which I was a principle in a purchase or sale (mostly SFSs, also mutis and vacant lots). Currently, I hold 15 SFHs rehab and rentals in Chicago that are remote from my San Jose, CA home. Also, I manage 15 rehab and rentals for clients. I hold a broker license in IL and an attorney license in CA.

Initially in 2005, during the boom, I purchased a principle residence in San Jose, CA which jumped 100k, so I took out equity for investing. After a few deals in CA, I recognized the limitations of carrying 500k mortgages and started buying in my hometown Chicago for 100k, and a few other states, long distance. In 2008, during the bust, I started to foreclose and short sale my inventory of 10 SFHs. In 2010, I started phase 2 of buying 15 SFHs in Chicago which I now manage remotely along with 15 purchase and rehabs for clients.