All Forum Posts by: Nick Patterson

As people mentioned REI groups and meetups are your best bet.

I also recommend checking out Score Chicago.  They are a free mentoring program run by volunteers and funded by the gov.

check out marquette bank and CNB Bank and Trust.

Last, is Urban Partnership Bank still around?  They had a location on 79th and Cottage

As a broker I always hated worked with investors.  I found they where all talk and lacked the action to jump on a deal that a typical first home buyer has.

If you decide to spend time with an investor make sure that they can follow though and make purchases.  Make sure they have the financing and last make sure they are loyal to you!

Lots of investors will work with many agents as they are only after a deal.

All you have as a Realtor is your time and your word, make sure this investor client understands that.

I'm the owner of a company and an investor.  There are no issues that I am aware of only than disclosure.  On contracts in Illinois we need to put that we are licensed brokers after our name.

Should be fine- Just stay honest and it will work out.

Those numbers are way too low.

Deals are like buses, there is always another one around the corner.

I would go bigger too.  In that 2 unit when 1 tenant refuses to pay thats 50% of your cash flow down the toilet.

I have been talking to a lot of CPA's in the past few months that are getting into the investing game.

I wonder what it is that links the two fields closely.  My guess, is the love of counting and money.

Check out the big guys - state farm, allstate.  They usually have the best rates for simple home owners.

If you want more complex insurance for investments I would recommend hruska insurance.  If you google them you can find their site.

Check out Brandon's books on this site.

My favorite book on Multi Family investing is Multi Family Millions by Dave Lindhal. Check it out on amazon.

Last, make offers

Properties in Chicago are pretty easy to sell if the price is right.

In Real Estate sales "falling apart" is better worded "Handy man special" haha

Good luck Harry

As a Realtor and an investor I am in the same boat. Feel your pain/joy.