Steven Good, CEO of a Chicago real-estate auction firm, was found dead in an apparent suicide. It wasn’t clear if there was any connection to his business.

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Chicago (Avalon Park) Brick Bungalow.Single-Family Home.
Move in condition, with 3 bedrooms, 1½ ba 1,389 sqft and full unfinished basement.
Good area - nice home or rental property. Taxes $3360
Arv $225,000
As Is $183,000
Repairs 8,000 cosmetic
Home Rentals in area $1550-$1700 month
This Property will produce heavy profits!

Recently Sold:

8800 S MERRILL AVE-$192,000-06/30/2008
8718 S BLACKSTONE AVE-$230,000-08/04/2008
1627 E 91st St-$200,000-10/23/08
8900 S East End Ave-$214,000-09/11/08
1519 E 86th St-$215,000-07/22/08

Potential for expansion. Quiet neighborhood. Tree lined street with beautiful Chicago Brick Bungalows.
For Google street view, go to: http://tinyurl.com/chicagowholesaledeals…

Want To Be Notified When We Get Other Great Wholesale Deals Like This?
We thought you would. Just go to; http://www.chicagowholesaledeals.com

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5 unit Multi Family 3 Unit Graystone with a 2 unit Brick Coach Houes.Can you say Cha-Ch’ing? Can you say Cash Flow?1 - 3 bedrooms/1 bath4 - 2 bedrooms/ 1 bathSeparate utilities. Each unit has it’s own furnace/AC. Mechanics 5yrs old. New rear porches, new front windows on 3 unit. $13 – 19K in repairs.We are giving it away @ $259K. Act Fast – Act Now - Will Not Last Long at this Price.

Chicago Hyde Park Multi-Unit Wholesale Investment Deal In Chicago

If You Want To Be Notified As Soon As We Get More Hot Bargain Wholesale Investment Deals Like This: CLICK HERE NOW 

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Finding a property that is a good flip requires a few ambitious steps on your part. You’ll be looking, most likely, for an under priced home in need of repair. Or you will be looking for a seller that wants to sell fast, thus getting you a lower price.

One way to find property leads is to talk to friends, family, business associates, real estate agents, or bankers. Go out to the neighborhood you’re considering and look for “For Sale by Owner” signs, or ring doorbells to see if anyone in the area is considering selling.

Check the public land records and look for “fire sales”. This usually means that the owner of the property is having difficulty making mortgage payments. If you contact them and they agree to sell, you’re helping them out of their difficult financial situation. And you’re getting a property that may make a profit. If done
respectfully, there’s nothing unethical about this transaction.

TIP:

Make money without even having to find financing. If you enter into a contract to purchase real estate, and then sell the contract to another buyer before the close of escrow, you can turn up to $5000 in profit!

To be a successful real estate flipper, you will need to hone or develop many skills. You will need to have an eye for the diamond in the rough. You should be able to accurately size up buyers. It is best if you are handy and can take care of basic home repairs. It is very important that you are detail oriented and a multi-tasking project manager. Flipping involves many details, and it’s important to be on schedule with the project to avoid costly delays. Lastly, you will need to have superior interpersonal skills.

Plan to retain the services of a professional accountant, unless you are sufficient at these skills. Also find a good lawyer who can provide you with legal counsel.

To Subscribe to our Newsletter and to Be Notified Immediately When a NEW HOT WHOLESALDEAL becomes available Go To Chicago Wholesale Deals NOW!

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For more info click on the flyer below 

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For More Info, Click on The Flyer Below

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By saving as much cash as you can, you’ll have money for the things that inevitably pop up. As it is, you know you’ll need to pay for the closing costs and the initial down payment. Closing costs include the mortgage, fire and hazard insurance, title fees, and many other costly items.

Follow these tips to save money:

1. Get the best financing deal you can find. First and foremost, be sure to have your financing in place BEFORE you make an offer. To get the best deal, research the rates available for your credit score and try to get financing companies to compete for your business. Ask what options are available given your credit rating. Negotiate with your lender to lower or eliminate costly fees and charges. Avoid paying an application fee if you can.

2. Find your own providers. You don’t have to use the companies that your agent or lender recommend. This is important when selecting your title and insurance company. Your agent and lender have lists of recommended companies because they have pre-established relationships. Keep in mind that you are the one paying them. Carefully review their fees and rates before making a decision. You can use any company you wish.

3. Be willing to negotiate. Even a seller in a seller’s market needs to be flexible. People sell for many reasons – death in the family, divorce, job transfers, etc. Sellers in these situations are highly motivated to complete the real estate transaction quickly at almost any cost. If you’re willing to
work with them and be flexible, you may get a good deal.

TIP:

Consider negotiating a deal where the seller pays a larger portion, or all, of the closing costs.

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1. Most Real Estate transactions are a lenghty process.

2. There is a uniquenees to each piece of real estate.

In order to buy or sell property it takes a long time, and while the transaction is taking place, the market is constantly changing. This makes timing the purchase or sale of real estate tricky. When you are investing in real estate, you are trying to sell high and then jump back into the market by buying low. Timing the market in such a way is a challenge.

You need to look for property that is a “fixer upper” to get a good deal. If you know an inexpensive worker orhave experience for home repair, you can increase the value of a home by over 10%-12%.
Search for foreclosure auctions and Notice of Default alerts in the area newspapers and online. Fsbo’s and REO’s. Find a good deal on property by anticipating positive change in depressed areas. Up-and-coming neighborhoods, in areas where people have been leaving tend to have lower prices.
Find areas where the government is involved in development efforts. Check with your local Planning Commission.

Some investors I know, say that if a “Starbucks” is coming into the area, it is a safe bet that the area is up and coming. Now of course there’s much more to it than that, however it just may be a starting
point. For myself, I would rather purchase before that.

The key to putting to use any of these strategies is having access to funding or capital. This doesn’t mean having an account with huge sums of money in it. Instead, you need to have access to money.
By maintaining a high credit score, nurturing an efficient relationship with your lender for quick approval for financing, and having access to liquid assets, you’ll be prepared to jump when the right deal comes along.

Do not forget your family and friends. These people may have the cash or credit you need. How about your’s or their Self Directed IRA’s.

Even in a slow market, the chance to make a profit investing in real estate is still likely. To do this, however, you’ll need to do your homework, have a long-term outlook, and be able to walk away from any deal.

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John Alexander’s Real Estate Investing via Flipping Homes
 

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1. Real estate transactions take a long time.

2. Each piece of real estate is unique.

In order to buy or sell, it takes a long time, and while the transaction is taking place, the market is constantly changing. This makes timing the purchase or sale of real estate tricky. When you are investing in real estate, you are trying to sell high and then jump back into the market by buying low. Timing the market in such a way is a challenge.

Look for property that is a “fixer upper” to get a good deal. If you have an aptitude for home repair or you know an inexpensive worker, you can increase the value of a home by over 10%. Search for foreclosure auctions and Notice of Default alerts in the area newspapers and online. Find a good deal on property by anticipating positive change in depressed areas. Up-and-coming neighborhoods, in areas where people have been leaving tend to have lower prices. Find areas where the government is involved in development efforts.

The key to employing any of these strategies is the access to capital. This doesn’t mean having an account with a large sum of money in it. Instead, you need to have access to money. By maintaining a high credit score, nurturing an efficient relationship with your lender for quick approval for financing, and having access to liquid assets, you’ll be prepared to jump when the right deal comes along.

Even in a slow market, the chance to make a profit investing in real estate is still likely. To do this, however, you’ll need to do your homework, have a long-term outlook, and be able to walk away from any deal.

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