Things That Can Increase Your Property Tax Bill If you are a homeowner in Cook County and bracing yourself for a massive property tax increase this year, you may be asking yourself "how much, and why me?" It’s not uncommon for homes in reassessment districts to have massive property tax increases. You may be [...]
Should You Invest In Chicago Real Estate? If you're planning to buy a rehab home, take your time; prices will go higher but slowly. Investments in single-family rental properties have good potential in the next few years, as do investments in housing developments, especially apartments . Mortgages have low risk because home prices will go [...]
Things To Know About Real Estate Investing 1. Collaborate. Find great team members to help you pull off your overall vision. One person alone can only handle so much (and it limits your education). – Ken McElroy 2. Know your numbers. It is easy to get emotional about a deal, no matter how experienced you [...]
1. You Must Understand Your Risk. Obviously, as you take on more debt, your risk compounds. Only buy flip homes for cash. No mortgages. No equity lines. If you don’t have enough cash to swing these deals yourself, take on a silent partner who does have the cash and split the profits. The problem [...]
Real Estate Investing Mistakes 1. Planning as you go. Andy Heller, an Atlanta-based investor and co-author of "Buy Even Lower: The Regular People's Guide to Real Estate Riches," says lack of a plan is the biggest mistake he sees new investors make. They buy a house because they think they got a good deal and [...]
Tips for Investing in Real Estate If you’re just beginning investing in real estate, you’ll find that there’s a lot to learn. Real estate investing is more complicated than investing in stocks because of the financial, legal, and extensive due diligence requirements involved. That’s why it’s a good idea to give yourself a solid education [...]
Hot neighborhoods poised to see growth among modest real estate forecast Chicago homeowners have been waiting for real estate values to bounce back and homeowners should now be excited to find neighborhoods are poised to see appreciation. On average, home prices in the Chicago area will climb 6 percent this year. That contrasts with a [...]
10 Lethal real estate investing mistakes Once the market starts to rebound, investing in real property also becomes a more appealing idea -- either as a career or a great side job. Like any other endeavor, though, there's a right way and a wrong way to go about it. Bankrate spoke with established, full-time real [...]
Flipping houses for big returns Flipping houses can earn big returns if you're ready to put in the work. Additionally, there is certainly good money to be made. Just be smart, as emotion-free as possible and get ready for a real estate ride like no other. And no, it's not as easy as it looks [...]
Chicago real estate market 2018 The rise in the Chicago real estate market continues to drive the demand in the residential market and multi-family developments. This outcome continues to attract buyers to Chicago’s core neighborhoods. 2017 was a year of uncertainty in many economic and political aspects influencing the real estate market. On one hand, [...]
