1. 101 Things Everyone Needs To Know About Real Estate Investing

    As with many other aspects of life – the real estate business can be a real jungle to maneuver. For many of us, it's exceedingly easy to lose focus, make bad decisions and get sidetracked along the way (often times, without even knowing it). This past week, I've been asking some of my friends in the industry for their input on this issue. My goal was to compile a list of the most important recom…Read More

  2. 5 Basic Tips for Investing in Real Estate

    If you’re just beginning to invest in real estate, you’ll find that there’s a lot to learn. Real estate investing is more complicated than investing in stocks because of the financial, legal, and extensive due diligence requirements involved. That’s why it’s a good idea to give yourself a solid education before you purchase your first investment property. However, before you get your adv…Read More

  3. Chicago’s hottest real estate markets….

    The first three months of the year were very good to sellers in Irving Park, the Near North and suburban Glendale Heights, according to Crain's analysis of sales data released this week. We looked for places where three major attributes improved: both the number of sales and the median price of homes that sold went up, and the average time a home took to sell went down, compared to the first quart…Read More

  4. Restore Your Community Through Flipping

    If you follow television shows, then you likely believe that all flippers are somewhere between half-crazed crooks and rural, down-home, country values type folk, but that isn’t the case at all. In fact, anyone can be a flipper, provided they have the motivation to do so. How to Make a Difference in Your Local Community Through Flipping We’ve all seen them; whether it’s the bowling alley tha…Read More

  5. Investment Property Dealbreakers

    Seasoned investors and first-time flippers alike should have one thing in common: Clearly defined deal breakers. In order to succeed in the investment property business, you simply must think in terms of “if this, then that” or you will eventually fall into a pitfall - likely a money pit. Where to Draw the Line Take a good hard look at your financial situation before you move forward on any in…Read More

  6. Benefits of Investment Property Loans

    An investment property can be quite exciting. For some, investment properties represent an alternative to living off of the interest generated by a hefty 401k account in retirement, while others see it as a way to pad the monthly expenses of their household, and other still see investment properties as the end to their 9 to 5 life. Today, we’ll go over how to use investment property loans to ac…Read More

  7. Mortgaging Another Home

    If you’re considering a second home, for whatever reason, you have a few options to choose from when considering ways to finance your new home, but most commonly this choice is between a second mortgage and an investment property loan. Differentiating Second Mortgage from Investment Property Loan First off, it is important to note why we don’t include a standard mortgage in the equation; this…Read More

  8. Property Flipping: Income & Capital Gains Tax

    Selling a house is an interesting and exciting time; in most cases, selling a home is something a person will only do a couple of times in their life, and will likely be overshadowed by the process of buying their next home, moving, and everything that goes with the entire process. For someone that is flipping or even renting houses as a primary income, however, the experience is much different -…Read More

  9. Living Off House Flipping

    In our previous blog, we examined the differences in effort and reward between mutual funds and house flipping, which are both very common investments. Our findings were startling, with house flipping potentially grossing more than ten times the return on investment that mutual funds brought in. Today, we’ll take a look at what it takes to make a living off of your house flipping investments at …Read More