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.

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.

Multiple bids are back in a big way and not just on distressed and bank owned property. Demand from buyers entering the market is far outstripping supply across many asset classes.  If you’re in the market to purchase income and multifamily property in Chicago and you want to compete, here’s what you need to do.

Selling smaller income and multifamily properties is not an overly sophisticated process but overlooking small details can cost you big bucks.  Buyers are going to consider location, gross income, condition of the property and potential to add value when making an offer.