Real Estate South Side Chicago

States With The Best Opportunities To Acquire Investment Property

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by Kurt Clements It wasn’t long ago that Illinois, specifically the South Side of Chicago was full of “deals” for real estate investors.  Real estate investors sometimes get stuck in a rut. They repeat the same type of investment that they did before. This is not necessarily a bad thing because a successful experience is worth repeating. However, it is also …

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How To Manage Investment Property While Working Full-Time

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In 2017, upwards of 75 percent of independent rental property owners in the U.S. reportedly worked another job on top of being a landlord. That means the overwhelming majority of landlords are attempting to juggle more than they can handle at times. However, there are organizational and strategic concepts that can maximize efficiency and profitability of your investment. Consider the …

3 Reasons Why Buying a Chicago Investment Property Is the Best Way to Build Your Net Worth

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Whether you have recently graduated from college or are getting close to retirement, it’s likely that you have given some thought as to how you can grow your net worth. You might have invested in stocks, picked up a few bonds or have a 401(k) plan set up to help fund your retirement. But have you considered buying Chicago real …

South Side Chicago Real Estate

The Community Reinvestment Act Explained In Simple Terms

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by Kurt Clements The federal government adopted the Housing and Community Development Act in 1977, and the Community Reinvestment Act (CRA) portion was designed to prompt lending institutions to provide mortgages for low- and moderate-income Americans. The underlying reasoning for the CRA was to discourage discriminatory lending practices that inhibited low-income communities and neighborhoods. Over the years, its regulations have been …

South Chicago Real Estate

The Benefits Of Developing A Multi-Use Property

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by Kurt Clements Renovations that create a multi-use property or the development of a new multi-use project can be a very attractive Chicago investment especially in urban areas that are undergoing redevelopment. The concept of multi-use is to make the most of the site that is revitalized or developed. Multi-Use Projects Typical multi-use projects have a mixture of retail space, restaurants, …

Auction

Auction 101: Bidding On Your First Property

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by Kurt Clements Are you thinking of buying an auction home to invest in the South Side of Chicago? With the right combination of strategy, knowledge, and luck, flipping houses can create big profits for short-term investors. However, your path to success starts at your first auction. For first-timers who are intimidated by their lack of experience at public auctions, follow …

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Real Estate Remains A Strong Wealth Management Investment

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by Kurt Clements A young long-haul trucker driver once took an elder’s advice and invested all of his money into real estate. Even though he was seldom at home to enjoy the fruits of his labor, he hired a property management company to handle the properties. The advice that stuck with the driver was simple. “They’re not making any more of …

Buying a Chicago Rental Property? These 4 Key Tips Will Ensure You Buy One That Turns a Profit

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Are you considering purchasing a Chicago rental property? With today’s interest rates doing little to encourage saving, many individuals are looking elsewhere for new investment opportunities. In today’s blog post we’ll share four essential tips for buying a profitable rental property. Let’s get started. Buy A Property With Year-Round Potential Many real estate investors agree that the best rental properties …

South Side Chicago Real Estate

Real Estate Investing 101: Identify Your Investing Style

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by Kurt Clements Are you just starting on your real estate investing journey in the South Side of Chicago? Many newcomers are surprised to learn that there’s more to making money on the real estate market than buying and selling. These are some of the most popular strategies real estate investors use to create profits. Which one is right for you? …

South Side Real Estate

5 Ways Bridge Loans Help Real Estate Investors Increase Profits

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by Kurt Clements Chicago and especially the south side of Chicago’s real estate investment market is on fire (Crain’s Article Here for more details). Bridge loans, which are also commonly referred to as interim financing, gap financing or swing loans, help a motivated home buyer to secure financing before their home or investment property sells. Lenders can usually modify these flexible …