5 Easy Steps To Reduce Tenant Turnover and Increase Your Net Rental Income

5 Easy Steps To Reduce Tenant Turnover and Increase Your Net Rental Income

Though you can't control when or why your tenants eventually move out, you can take steps to ensure the building or worse, you are not the reason for higher than average vacancy rates.  Here's a list of 5 inexpensive ways to reduce tenant turn-over at your rental property.

Read More

5 Podcasts Real Estate Investors Can't Afford To Miss

5 Podcasts Real Estate Investors Can't Afford To Miss

The podcast medium is blowing up.  That's a good thing for all of us who want practical insight from experts in various fields of interest, especially real estate, where trade secrets have historically filtered down through guru's, selling overpriced and over-hyped get rich quick programs and books, instead of from real world investors who are out there in the trenches, keeping the dream alive. 

Read More

Flipping Real Estate With Hard Money Loans

Flipping Real Estate With Hard Money Loans

Hard money loans for the acquisition and renovation of residential and commercial investment property allow many real estate investors to move quickly with fewer lender restrictions in a competitive market.  These loans also provide an alternate source of funds for investors who cannot qualify for traditional loans or for those who concentrate on projects that are difficult  to get funded through conventional sources of financing.

Read More

5 Advantages to Using Margin Loans for Short Term Financing

5 Advantages to Using Margin Loans for Short Term Financing

Using margin debt or borrowing against brokerage accounts is back in vogue in 2013.  According to the NYSE, investors borrowed $384.4 billion against their investments in April 2013 eclipsing the previous all time high set in June 2007.  

When you borrow on margin, you are pledging securities like stocks and bonds in your brokerage account to obtain loans from the brokerage firm. Typically, these borrowed funds can be used at the discretion of the borrower.

Read More

4 Chicago Neighborhoods Where Values for Residential Multifamily Are Ready To Run Up In 2013

4 Chicago Neighborhoods Where Values for Residential Multifamily Are Ready To Run Up In 2013

The low hanging fruit has been purged from the market throughout most of the north side neighborhoods in Chicago (not counting the shadow inventory of REO properties that will filter into the market for years to come, albeit at higher valuations).  Investors in the market today are continuously finding themselves in a Battle Royale for good buying opportunities.  So where should you look to buy in the current market and should appreciation play into your investment analysis?

Read More

5 Ways To Kill The Profitability of Your Income Property

5 Ways To Kill The Profitability of Your Income Property

Getting into real estate sounds sexy, it’s fun to talk about socially and there’s no shortage of success stories to fuel your dreams of early retirement and a life of riches.  What many fail to realize is that real estate is a hands on business that requires hard work despite the fact that you are trying to create passive income.  Here are 5 profit killers to watch out for.

Read More

Using Padmapper.com to determine market rents

Using Padmapper.com to determine market rents

Chicago apartment landlords continue to benefit from weak real estate market.  Rents are up again at Class A and Class B properties in Downtown Chicago.  Class A is now averaging $2.50/sf and Class B $2.10/sf according to Appraisal Research.  Asking rents at some Class A properties are over $3/sf.

Read More