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All Forum Posts by: Account Closed

Account Closed has started 2 posts and replied 14 times.

Post: What do you wish your lawyer knew?

Account ClosedPosted
  • Investor
  • Evanston, IL
  • Posts 14
  • Votes 6

Thank you so much for your perspective, @Jeremy Tillotson!

Post: What do you wish your lawyer knew?

Account ClosedPosted
  • Investor
  • Evanston, IL
  • Posts 14
  • Votes 6

Hello all,

As real estate attorneys, my colleague and I often wonder what areas of expertise our investor clients wish we had. Would some of you be kind enough to share a moment when you thought, wow, I wish my lawyer could do this thing, to strengthen my business?

Thank you,

Olivia

Post: Investor Friendly Attorney/Title Companies in Illinois

Account ClosedPosted
  • Investor
  • Evanston, IL
  • Posts 14
  • Votes 6

Hi! My name is Olivia St. Clair. I'm a real estate investor and an attorney. My business partner, also an attorney, is a title agent as well. We love working with other investors. You can reach us at [email protected]. Looking forward to hearing from you!

Post: How to Find Cash Buyers via Direct Mail

Account ClosedPosted
  • Investor
  • Evanston, IL
  • Posts 14
  • Votes 6

Hi Seth,

I have found lists of cash buyers by working with real estate agents in a given area. In the past, an agent set me up with weekly emails that had the results of an MLS search of a targeted area. It just listed cash purchases. He started off by giving me a list of cash purchases that happened in the last 12 months in that area. From there, I called the buyers that were listed. I'm sure direct mail would work well and take less time, but I was new and wanted to have people know me more personally.

I'd like to say thanks for all your information on investing in vacant land. I'm looking for real estate opportunities where being a lawyer (good at paperwork, risk-averse, and not a contractor) is a value-add, and I'm thinking vacant land might be it. I'm basically reading everything you've ever written on the topic at the moment. I appreciate your work!

Olivia St. Clair

Post: New Member & Getting Back Into The Game

Account ClosedPosted
  • Investor
  • Evanston, IL
  • Posts 14
  • Votes 6

Hello @Sherrice Baines Nice to see you here! I'm just getting started, but if you ever want a friendly face when you come to one of the REIA Chicago events, I'd be happy to see you there. Hope you enjoy the site.

Post: Do you disclose yourself as the owner when showing a rental?

Account ClosedPosted
  • Investor
  • Evanston, IL
  • Posts 14
  • Votes 6

I was listening to another attorney here in Chicago, who specializes in landlord/tenant law, talking about how often landlords want to remain anonymous, or appear as "managers" to their tenants - he didn't get it at all! In fact, he said that sometimes when landlords are more upfront, they get better results from their tenants. Not sure if I agree, but not sure if I don't!

Post: New to Chicago Area

Account ClosedPosted
  • Investor
  • Evanston, IL
  • Posts 14
  • Votes 6

Welcome, @Raji Kaur

I am also kind of new here but I thought I'd say hi! I live in Southeast Evanston and I'm active in Chicago. I am an attorney, and I just got started wholesaling.

Post: Wholesaling

Account ClosedPosted
  • Investor
  • Evanston, IL
  • Posts 14
  • Votes 6

I've just sent out regular printed letters (in hand-addressed envelopes) to executors of estates that were filed since Jan 1, 2014 in the probate courts of Cook Co. and the surrounding counties. I got this list from ilfls.com, which has tons of different types of lists. About 550 letters for my first marketing push. I will share what kind of response rates I get from this population if you are interested.

Post: New Member Introduction: Olivia

Account ClosedPosted
  • Investor
  • Evanston, IL
  • Posts 14
  • Votes 6

Sorry, can't make it out there tonight. But I'm happy to hear your take on wholesaling; my heart isn't set on that or anything. Where would you start if you had less than $5k liquid?

Post: New Member Introduction: Olivia

Account ClosedPosted
  • Investor
  • Evanston, IL
  • Posts 14
  • Votes 6

Thank you, Account Closed

@Laura Moore, I am starting by wholesaling, and I want to move to owning a multifamily property within the year.

@Dominick Adolfo He sure has a lot of jokes! I get it tho. I'm my partner is a lawyer, too.

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