Author: gallc

financing your investment property

Pros and Cons of Financing Your Investment Property

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Before you lay out cash for your next investment property or seek out financing, there is a great deal to consider. While each investor may find one method of buying investment property more favorable than another, both have drawbacks yet benefit investors.  Read on as we discuss the pros and cons of financing your investment … Continued

How Real Estate Investors Can House Hack Their Way to Financial Freedom

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House hacking is a great way to allow others to pay part or all of the mortgage for your investment property by occupying the property as your primary residence. The practice of house hacking can also provide you with benefits for living in investment property for specific periods as your primary residence. There are guidelines … Continued
property management mistakes

5 Property Management Mistakes Chicago Investors Often Make

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Property management matters from the selection of tenants and all that follows. The best location and building in the world won’t overcome the cost of poor management. When tenant complaints are ignored, as a rule, it can become troublesome. Leaving unresolved tenants and management can also lead to non-payment of rent in protest of poor … Continued
paying cash for chicago investment property

Pros and Cons of Paying Cash for Your Chicago Investment Property

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While an opportunity for an investment property may arise where cash is king because of unique circumstances, there are other times you may need to dethrone your cash because it’s not in your best interest to use it as your payment method. You may wait a long time if you’re waiting until you’ve saved enough … Continued
multi-family properties in chicago

5 Things Investors Need to Know About Multi-Family Properties in Chicago

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Multi-family properties come in many shapes and sizes and number of units. Becoming familiar with all of the ins and outs of this real estate investing sector will help investors like you balance your portfolio and realize a higher return. In addition, unlike single-family property, multi-family units are rarely all empty, saving you from a … Continued
good tenants in chicago

5 Things You Can Do To Keep Good Tenants in Chicago

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Please don’t go! With happier tenants overall, your turnover rates will be lower than the average in Chicago, and your income will be steady and reliable, making you a happy landlord. And once you have gone through the trouble of a thorough screening process and have located exceptional tenants, you simply will not want them … Continued
buying investment property in the united states

5 Do’s and Don’ts of Buying Investment Property In The United States

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Investing wisely in real estate creates tremendous wealth and passive income through long-term cash flow. In addition, investing done right allows you to maintain control of how you live your life. Savvy real estate investing will enable you to spend your time as you wish while looking forward to enjoying your golden years. It takes … Continued
sell your house or refinance

How to Know if You Should Sell Your House or Refinance?

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Many factors come into play when homeowners determine the best course of action to take with such a significant financial transaction as selling or refinancing your home. The decisions you make today will have a substantial impact on your overall financial health in the future, so take the time to consider all the particulars of … Continued
buying a house sight unseen nationwide

5 Tips for Buying a House Sight Unseen Nationwide

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Buying a house sight unseen and being delighted with the results may sound like a monumental task. However, with a representative on the ground in your target market, you can accomplish every step of the process from the comfort of your own home. It’s helpful to know that many others have been very successful with … Continued
real estate portfolio 2022

5 Ways to Grow Your Real Estate Portfolio in 2022

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Passive income through real estate investments allows owners to build wealth and thoroughly enjoy living life on their terms during the golden years of retirement. Typically, the single-family home rental scenario comes to mind when you imagine a real estate investor’s portfolio holdings. However, real estate has much more to offer. There is an astounding … Continued
tenants cause damage to rental properties

What to do if Your Tenants Cause Damage to Your Rental Property

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There is a great deal to learn about the real estate investment business. While everything can look great about your investment property on paper, dealing with people is not so cut and dry as working with numbers. Whatever you do, do not skip any step in screening tenants, especially checking references and contacting previous landlords. … Continued
home buyers and sellers

Hoaxes and Scams Home Buyers and Sellers Should Be Aware Of

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Regrettably, the world is full of would-be scammers who look for any opportunity to make a quick buck at the expense of vulnerable consumers. The buying and selling process of real estate is no different. The main difference is the significant financial loss that the victims incur, considering the substantial size of a real estate … Continued
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