If you’ve decided to sell your Chicago area home, stop looking for a listing agent and consider your options before making a costly mistake. Not all properties and not all sellers fit perfectly into the standard MLS listing model. Some home sellers are under pressure to carry the expenses of relocating before selling their first … Continued
Diversifying your portfolio builds security against economic downturns in any one market sector. In addition, because of the nature of multi-family properties, having shared construction, costs per unit are lower overall, as are maintenance costs in general which makes this an attractive way to diversify your portfolio. Finally, rental investments such as multi-family help build … Continued
Diversity is the key to cushioning your portfolio against economic downturns in any one sector of the real estate market. The profits to be made on homes in various stages of foreclosure are difficult for investors to ignore. However, to the inexperienced investor, the nuances of this market sector may seem daunting. Knowing when to … Continued
Duplexes offer many advantages for investors, especially if you’re just getting started on your real estate investment journey. Duplexes are multi-family properties with two separate housing units that share walls, have a single roof, one yard, and often only one parking area. Because you’re purchasing two residences, it is twice as vital that you practice … Continued
Foreclosures are not a sudden event; there is a lot of warning before the lender implements the final procedure. Putting your head in the sand and hiding from your problems is the worst thing you could do regarding financial issues. Instead, it is always better to face your problems head-on and make the best choice … Continued
Finding the best places to invest in real estate other than your hometown is a challenge for many investors. Often our tendency to avoid the discomfort of investing in an unknown market limits our investment potential. However, an intricate part of an investment business growth is expanding boundaries. To this end, you should be comfortable … Continued
Looking for probate properties nationwide? Inheriting a property might sound fantastic, but the reality for most is far from enjoyable. Often, none of the heirs are interested in living on the property, and few enjoy paying the bills for the property as the probate process drags on. At this point, beneficiaries have two options: keep … Continued
Spreading investments among many different commercial properties can carry you through tough economic times. Airbnb investments offer investors another real estate market sector to add to their investment strategy. In addition, as societal norms evolve into a desire for more private and less crowded temporary housing and the ability to spend time at the destination … Continued
Inheriting a property after losing a family member or beloved friend can be an overwhelming experience. With or without a will, estates must go through the process of probate. Naturally, if there is a will, the process is much smoother. The home would be in perfect condition in an ideal world, with the mortgage paid … Continued
Wholesalers find off-market properties, gain a contract, and then make a small profit by flipping the contract or selling it to an investor. Typically these properties are distressed, and the owners are motivated to sell as they have fallen on difficult times, and the property has degraded into a state of disrepair. Once they’ve located … Continued
If you’re an investor who has not yet invested in commercial real estate, it may be helpful to understand the benefits of further diversifying your real estate portfolio with this versatile class of assets that encompasses a wide variety of possibilities. At the core of passive commercial real estate investments is to earn money from … Continued
A mixed-use property contains three or more land uses, such as residential, retail, and parking within a carefully designed walkable community in the same or adjoining structures. Mixed-use falls under the commercial property category. You will frequently see an example of mixed-use real estate in commercial buildings located on busier thoroughfares with both offices and … Continued
If you are in the market to buy a property it is helpful to understand the pitfalls that can accompany working with real estate agents. Read on as we explore five reasons to avoid working with an agent when buying real estate nationwide. Commissions Likely the first reason buyers decide to avoid working with an … Continued
Just as the seeds in a garden need attention to come to fruition, so too does your real estate portfolio. The security of knowing you’ll live out your retirement years on your terms comes from careful planning and commitment to your investment portfolio to build, grow and produce long-term income. Savvy real estate investors understand … Continued
With your investment strategy lined up, it’s time to prepare yourself for the tenants in your investment properties. But before you put on your landlord hat and begin conducting interviews, as a landlord, you’re responsible for being aware of local, state, and federal laws that govern discrimination and your screening criteria for tenants. Now, of … Continued
