Should You Sell Your House To A Builder?

Should You Sell Your House To A Builder?

How to sell a tear down house. If you own an older single-family home where the highest and best use for the property could be to tear it down and rebuild, you might be wondering how to sell the house or whom to sell to. 

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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.

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New Construction Condos in Lakeview - 2922 N Sheffield Ave

New Construction Condos in Lakeview - 2922 N Sheffield Ave

A new condo project is scheduled to begin construction in mid 2014 at 2922 N. Sheffield, Chicago.  The 4-story building will consist of (2) duplex homes and (1) simplex home.  The all brick building will feature front balconies and columns that will match nicely with the current architecture of the block. 

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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 Red Flags for First Time Multi Family Home Buyers

5 Red Flags for First Time Multi Family Home Buyers

Owning and operating income property is a proven method for creating wealth.  Despite what you might see on late night t.v., real estate is not really a means for getting rich quick and first time investors can easily get in over their heads if they buy the wrong property. Here are 5 red flags to watch out for when you're looking to buy an investment property.

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