Investors Chicago Southland Homes
As an investor, your concerns are different from those of the “typical” home buyer or seller. So you need an agent with knowledge and skills beyond what the “typical” agent offers – an agent who understands return on investment, capitalization rates, code requirements, risk, leverage, cash flow, rehab costs, landlord/tenant ordinances, and tax liability. Team leader Alex Fenske has learned these concepts through education and experience, and he puts them to work for his clients’ advantage.
Although some people might characterize investors as vultures, leeches, or other unpleasantly perceived animals, we understand that’s not true. Inside every investor is an actual human being who is in the game for their own reasons, with unique skills and resources, and individual risk tolerances. As such, every investor relationship at Chicago Southland Homes begins with a thorough consultation and analysis to determine goals, resources, and needs.
What You Want. It’s crucial for you – and your agent – to understand your end-game. An investor without a reason is like Alice in Wonderland. Consider the often-quoted exchange between Alice and the Cheshire Cat:
Alice asked, “Would you tell me, please, which way I ought to go from here?”
“That depends a good deal on where you want to get to,” said the Cat.
“I don’t much care where–” said Alice.
“Then it doesn’t matter which way you go,” said the Cat.
“–so long as I get SOMEWHERE,” Alice added as an explanation.
“Oh, you’re sure to do that,” said the Cat, “if you only walk long enough.”
Unless achieving vague goals in the longest time possible sounds appealing to you, we strongly suggest identifying your reasons and notifying the people who will help you get there. Retirement, college, passive/massive income, excitement, lifelong dream… What’s YOUR reason? Why are YOU in it?
What You Have. Cash is king, but it’s not the only valuable resource. Do you have a construction background? Friends in the trades? A family member who is a financial planner, or a tax appeal attorney? If you’re a busy professional with friends in high places and an intrepid risk tolerance, you might implement a very different investment strategy than a risk-averse retired expert craftsman with nothing but time on his hands. Your resources can play a big role in the direction you take, so let’s explore them all.
What You Need. Like pieces to a puzzle, there are many factors that go into successful real estate investing. And unless you’ve been at it for a while and have already achieved a high level of success, there’s bound to be a piece or two that’s either missing or doesn’t fit quite right. Contractors, lenders, legal help, tenant screening, collections, materials, management, marketing, time… Whatever’s missing from your puzzle, we’ll use our network to help you find it. Contact us today to schedule an investor consultation and find out how we can help your business thrive.