Issues with Investors in Chicago

Real Estate Broker · Chicago, IL · Member since 2015 · 123 posts · 7 votes

I have a couple of really good properties in Chicago and St. Louis areas but I'm really having a hard time with investors. Either the property isn't in the area they're looking for, or they're not seeing the equity. Any hints as to what I may be doing wrong? I have a lot of motivated sellers but no buyers

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Natalie KolodijBusiness Member

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Tax Strategist| National Tax Educator| Accepting New Clients · Member since 2014 · 3k+ posts · 4k+ votes

You're doing things backwards.

Talk to the investors first and find out what kind of properties they want and how much equity they require to buy a deal.

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Adrienne Curtis
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Real Estate Broker · Chicago, IL · Member since 2015 · 123 posts · 7 votes
9y
@Crystal Smith thanks for your feedback. I found that it's more of the locations for the people I deal with now. They don't want to deal in areas like Chatham, South Shore, etc so I've diversified my listings. Much appreciated on the list of what I can work on!
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Crystal SmithPro Member
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Real Estate Broker · Chicago, IL · Member since 2014 · 2k+ posts · 1k+ votes
9y
Originally posted by @Adrienne Curtis:

@Crystal Smith thanks for your feedback. I found that it's more of the locations for the people I deal with now. They don't want to deal in areas like Chatham, South Shore, etc so I've diversified my listings. Much appreciated on the list of what I can work on!
Diversifying your list is good, but in the last month we've sold 4 properties in Chatham & South Shore. It's a block by block play.
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