All Forum Posts by: Miguel Castillo

@Jonathan Holmes Thanks for the reminder, this was an issue I had when I bought my first investment property, I was being their friend until I learned my lesson the hard way.

@Kevin Osborn I think you might have the answer by now but I'll share my story.  I bought a 2 unit back in 2015 that was fully occupied, I had a tenant who was month to month and had been living there for 15 years!  Crazy right? anyways she was just paying $600 per month with gas and water included, there was no way I was going to afford that so I decided to give her a notice that I was going increase her rent.  As you can imagine she said she couldn't afford it so she ended up moving in with a relative, I took that opportunity and remodeled the unit and brought in a tenant that now pays $1,000 for that same unit.  I was not able to do the same with the other tenant who had 9 months left on her lease.

@Kevin Osborn Welcome Kevin! The first step is making that decision, hope all goes well. 

@Philip Williams Nice job! I'm still at the do it all myself stage, need to do some homework. 

Hello all,

Just want to introduce myself to my local Illinois investors, I am an investor myself with 2 deals under my belt and working on a third one.  I'm in Aurora, I'm looking to network with investors and other agents as well if there's something I can assist you with feel free to contact me. 

@Ibrahim Badimoole Have you looked into the West Suburbs? I have one in Aurora and I have it on Airbnb and it's been pretty successful. Check it out on my page, it's the SFR.

@Account Closed

It came down to training, I'm starting from scratch and I felt like if I had gone with Redfin I wouldn't have a local office to go to and ask for mentorship.  I don't know if I am right about them not having an office, I didn't do further research. 

@Bob Floss II   Good info, so essentially wholesales need to be licensed to assign contracts, or it becomes an issue because he received compensation. 

@Kevin Coleman Here's a link they sent me when I inquired about their positions.

https://www.redfin.com/about/jobs/real-estate/associate-agents

@Account Closed

I have not, I recently got my license and I looked into joining but went the traditional way instead.