The real estate investing business is full of misinformation. With the business growing in popularity over the years more people have become “experts.” With the influx of information, theories and rationale it is difficult to decipher what is real and what is fake. If the person providing the information is passionate enough it is easy […]
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Why Rental Properties Make Great Investments
Everybody is on the hunt for the perfect investment. We want minimal risk, high returns and easy management. What we don’t realize is that those are hard to come by. Instead of constantly searching for the perfect investment you should look for something more easily attainable. A rental property is undoubtedly the best long-term investment currently available […]
5 Reasons To Start Flipping
From the outside, flipping a house looks easy. If you watch one of the many programs on rehabbing and flipping they make it look like every property is a winner. The reality is that if you don’t know what you are doing you can, and will, be disappointed in your results. This is the part that you […]
Timing your Renovations
Many real estate investors and homeowners in the Greater Chicago area perceive the ‘what to do’ as the biggest challenge in successful home improvement projects, but timing can be just as critical. Get the order of your scope of work wrong and you’ll see returns drop, projects taking a lot longer than expected, and of […]
How to Set a Home Renovation Budget
Before you start picking out tile and paint chips, be sure you know how much it will cost to remodel your house. Ready for a kitchen renovation? Anxious for a bathroom remodel? The easy part is knowing your goal for home remodeling — whether you’re trying to keep up with your growing family, add office space, […]
Your Pre-Approval Letter and why it’s important.
If you plan on buying a home in the Greater Chicago area this year, you can’t escape having to get a mortgage pre-approval letter but be careful when you do… It doesn’t matter what Illinois County you are buying a home in. Unless you have all cash for your purchase, you probably won’t get to […]
Real Estate Lead Generation 101
What are the best real estate lead generation options today? Where and how can real estate agents, investors and other related industry professionals generate more leads for buying, selling and renting properties? What are some of the little known benefits, and pitfalls of common real estate lead generation channels today? Here are 12 ways for real estate […]
Technology vs. People Skills: Which Real Estate Strategies Will Win?
The real estate industry caters to independent strategies. For every investor, there is another way to go about conducting business. Some may prefer to utilize the convenience of technology while others want to maintain personal relationships. However, for one reason or another, there remains a void between these two independent strategies. Smart investors will figure […]
Real Estate Investing As A Business
“Investment is most intelligent when most business like” – Warren Buffett If investing is better when conducted most business like, does it mean that more real estate investors ought to be investing in a more businesslike fashion? Should every real estate investor be investing as a business? What does that really mean? What does it look […]
Housing Still The Best Investment Tool Of A Lifetime
Many people are still wondering whether or not real estate is one of the best investment strategies for long-term wealth building. Is investing in homes still a smart investment for the average individual? Is a home still the best investment of a lifetime for most Americans? If so, why are some pessimists still questioning the rebound […]