All Forum Posts by: Chidi Dillibe

Hello all,

I am looking forward to doing some small direct mail campaigns (No more than 300 letters at a time for now) in cities I believe could have distress potential local to me. I live in Whittier, CA and would be looking to mail in Montebello, Norwalk, Downey, Pico Rivera and potentially the Pomona area. I have already created a mailing letter using my own handwriting font (Shout out to Calligraphr.com). I'll probably either grab the lists from Propertyradar or Listsource.

Am I missing anything?

Has anyone of you recently done some campaigns in these areas? If so, what was the result like?

I'm all about learning and i'm sure there are some critical things I can incorporate that i'm simply not aware of. Please chime in!

Thanks as always.

Chidi

Thanks @Tim Hoffman. I appreciate that advice, it will really help me make a wiser decision. I will definitely be speaking to a property manager about anything in the area. 

Thank you for sharing Charlotte. I'm sure there is an opportunity out there. I just have to be patient and ask God for some wisdom. I hope you find a great deal soon!

Hello Tim,

Thanks for chiming in. One property is on Elm St. between Central Ave. and Avon St. The other is on Blake St. almost on the corner of Central Ave. I don't currently have any manager, maintenance or realtor in place. Just simply looking at potential properties at this point. 

Thanks for responding Craig. When I was looking at and around the Illinois area it was purely from a cash flow perspective. I wish No. Illinois had my So. California appreciation effect! I'll definitely take a look at Loves Park and Machesney Park though. If I find something that catches my eye i'll definitely contact you.

Thanks for the links Bernard!

Thanks for responding Eddie. I was simply looking around the Illinois area...my Mom was originally from there and the prices looked attractive. The duplex I was looking at was in good condition according to the pics, the street looked neat and the price was favorable as well. It definitely didn't look D class to me...maybe it was C. Is my newbieness showing very strong right now?!? lol.

Hello all,

I'm an out of state newbie investor looking at a couple properties in Rockford, IL and would like to get some local insight and help before I pull the trigger. The properties i'm looking at look good in the pictures, buying cost and potential cash flow but a part of me is saying..."If it was this easy, EVERYONE would be doing it". The last thing I want to do is go in on a "good looking" deal that local folks here on BP could easily point out red flags in. I would love to be able to speak with a local Rockford, IL investor and share a couple minutes in a phone call. I know people have busy and demanding lives but any potential help or advice is greatly appreciated. Thanks for taking the time to read.

Chidi

Hello all,

I am a newbie to RE in the So Cal area living in Whittier, CA. I've started slow by simply spending a lot of time learning about real estate principles, terminology and property analysis. I'm humble enough to admit that like most things, I need help getting started from someone who is very keen to RE and has had a successful track record. I'm simply looking for a mentor who is willing to spare some time and knowledge and help me grow. I work full time but I am willing to put in the work to be successful and share.

Thanks for taking the time to read.

Chidi