All Forum Posts by: Jaime Frausto
Jaime Frausto has started 7 posts and replied 72 times.
Post: New Member: Tinley Park, IL

Jaime FraustoPosted
- Investor
- Shorewood, IL
- Posts 79
- Votes 18
Welcome Jeff , I too like golf me currently an investor in Joliet. Live in Shorewood. Let's do lunch or golf. Where in FL is your other property?
Post: Joliet Area REIA

Jaime FraustoPosted
- Investor
- Shorewood, IL
- Posts 79
- Votes 18
Count me in. Please keep me posted.
Post: Southwest Chicago Suburbs (Joliet, Lockport, etc)

Jaime FraustoPosted
- Investor
- Shorewood, IL
- Posts 79
- Votes 18
I Invest in Joliet west and east. You have to know the areas. My properties are east of Larkin but west of center. Not very good appreciation but good cash flow . 10-15 % cap rates. 7-8% vac. Hope it helps.
Post: Best areas to invest around Chicago??

Jaime FraustoPosted
- Investor
- Shorewood, IL
- Posts 79
- Votes 18
I have several properties on east and west side of Joliet. I try to stay on west side of the River. Cap rates are good. 10-15%
I consider these areas like St. Pats and the Cathedral areas as B-. I do notice that appreciation has not been good. But cash flow is good if it's what your looking for.
Hello BP nation. If i seller finance a property that I owen out right , can I charge the buyer a PMI also and maybe get a 3rd party PMI insurance just like a bank would do if less then 20%. please give me your inputs. thanks in advance
Post: SOUTHLANDERS

Jaime FraustoPosted
- Investor
- Shorewood, IL
- Posts 79
- Votes 18
Kool . Let me know what u have in mind. I invest in Joliet
Post: Armando Montelongo Flipping Houses review

Jaime FraustoPosted
- Investor
- Shorewood, IL
- Posts 79
- Votes 18
I went to the Armandos 3 day deal before BP.
I then negotiated a deal from the 40K down to 6K with no bus tour. The value that I received was in a personal coach that came with the system. To me it defenatly gave me the confidence to do my first deal. I have to admit. If your interested I can sell u the CD program that u receive with the 3 day course. Either way information is good
Post: Looking for Power Team Members Chicago South Suburbs

Jaime FraustoPosted
- Investor
- Shorewood, IL
- Posts 79
- Votes 18
Teresa, good to here you are starting. I invest in the Joliet, channahon, mokena area. Keep me in mind if you come across some good wholesale deals. good luck
Post: New member from Illinois

Jaime FraustoPosted
- Investor
- Shorewood, IL
- Posts 79
- Votes 18
Whats up Bob T. do you own properties in Braidwood?
me in joliet.
Post: direct deposit for rent payment

Jaime FraustoPosted
- Investor
- Shorewood, IL
- Posts 79
- Votes 18
I do the same with direct deposit however it gets confusing when a tenant pays late fees I don't know who's who? And some of my tenants don't know how to text. Any ideas?