What Is The Best Month To Sell A House In Chicago

What Is The Best Month To Sell A House In Chicago

When is the best time of the year to sell real estate in Chicago?  The answer is anytime, especially in a seller's market.  Every year, sellers go through the same process of trying to time the sale of their houses, condos and income properties.  Historically, the spring and early summer months have been the prime seasons for selling and they still tend to be.  However, there are few fundamental reasons for this tradition to hold, notwithstanding the weather.

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How To Price Your Property In A Slowing Seller's Market

How To Price Your Property In A Slowing Seller's Market

When the Chicago real estate market is in high gear like it has been since early 2012, it's common for Sellers to initially price less aggressively at the beginning of the cycle and over aggressively as the cycle matures, just prior to flattening out or declining.  Early in the cycle, Sellers are pleased with quick sales at or near full list price.  As the market strengthens, bidding typically becomes more aggressive and properties will frequently sell over list price. 

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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. 

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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.

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How a Pre-Sale Property Inspection Can Increase Your Sale Price

How a Pre-Sale Property Inspection Can Increase Your Sale Price

So, you've decided to sell your property and you want top dollar.  Sounds pretty fair.  As the owner and now seller, you've come to realize that the property is never going to be perfect, there is always something that needs to be fixed or replaced and you have little control over how the tenants maintain their apartments.  These could be reasons why you want to sell in the first place. 

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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.

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5 Reasons To Buy Chicago Multifamily Investment Property

5 Reasons To Buy Chicago Multifamily Investment Property

Chicago has been and continues to be a great city to invest in residential multifamily property.  All levels of investors from mom and pop to professional firms participate in the large market, some with great success.   The 70+ Chicago neighborhoods and differentiated building stock offer many living options to a diverse population.  Here are 5 reasons to invest in Chicago real estate.

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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?

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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.

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Multifamily Apartment Buildings For Sale In Lincoln Square

Multifamily Apartment Buildings For Sale In Lincoln Square

Lincoln Square is finding solid footing with pricing.  The building stock for smaller and larger multifamily apartment buildings is excellent; access to multiple modes of transportation is very good and the overall desirability of the neighborhood has not been affected much by lower sale prices over the past 5 years.  

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