If you have not already noticed, short sales are a major twist on this real estate market. Chicago alone had 3 Short-Sale Seminars this past weekend. I personally met a number of 20 somethings that have made over 150k doing residential and commercial short sales.
I attended a Nouveau Riche University Short Sale Seminar this past weekend which had 1,400 in attendance, and as I was sitting there I started praying for the opportunity to start working and NOT HAVE TO market so much. Funny thing happened..Saturday afternnoon, while I am sittin listening to the success stories, I get a missed call. I think nothing of it becuase I put up an ad in the Chicago Reader for NRU's Investor College. I call back Sunday night, and it turns out to be an investor who saw my ad for Nouveau and asked me how bad I wanted to LEARN. I said really bad, and I told him how much I wanted a mentor to help me... turns out, thats exactly what I got!!!!
His name is Julio Vargas and he is a short sales specialist who owns an office that just does short sales. I met with him and got an interview, now I am getting personal training when it comes to short-sales and I have an office of my own from where I will work.
There is a downside tho. short sales take a while to complete. I have talked to a number of people who have been working on their deals for atleast 3 months now. I am currently working on a commercial short-sale that looks to net me around 30k if it is done properly.
I have not earned an income in over 6 months since I started wholesaling and bird dogging. If you read my previous blogs you see where I worked and whats been going on. I know now how much I have worked and I will continue to do so.
In any event, I have 400 properites at my disposal in order to conduct short sales. Not to mention the condos throughout the NW Chicago area.
thanks for reading,
Roberto
EI Investings
773-655-4768
Roberto@rjcidinvestments.com
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