Chicago Real Estate

How Color Can Affect Your Home and Psyche

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by Kurt Clements Are you dreaming in color of your future new Chicago home? You probably can’t wait to get your hands on a paintbrush and a bucket of beautiful new paint. But how will you choose the colors to decorate your new home? If you’ve been to a paint store recently, you know there are thousands upon thousands of shades …

The Benefits Of Adding An In-Law Apartment To A Home

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by Kurt Clements One renovation that may add value to a home is an in-law apartment. Even if a homeowner does not have any relatives, an in-law apartment makes wonderful guest accommodations. It is possible to rent it when unoccupied to earn some money. Homeowners in Chicago who rent out part of a home need to check with their insurance agent …

South Side Chicago Real Estate

Can I Qualify For A Mortgage Without W-2 Income?

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by Kurt Clements It’s more common these days to have non-traditional income that doesn’t fall into the W-2 category. Many people work in what is referred to as the “gig economy,” where income might come from a variety of freelance sources. Other times, people don’t have W-2 income because they are retired or have an independent source of wealth that generates …

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, …

South Side Chicago Real Estate

Loan Servicing Companies

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by Kurt Clements What happens when you suddenly get a notice to pay your mortgage to a company you may have never heard of? How do you determine if this is a legitimate request or a scam?  This happens all of the time to our South Side Chicago homeowners. A borrower may get a written notice or an email that their …

South Side Chicago Real Estate

Case-Shiller: Home Price Growth Slows in March

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by Kurt Clements Case-Shiller Indices reported slower home price growth in March with a 3.70 percent gain year-over-year as compared to 3.90 percent home price growth for the year-over-year period in 2018. This was the slowest pace of home price growth in seven years. The 20-City Home Price Index showed Las Vegas, Nevada as having the top year-over-year home price growth …

South Side Chicago Realtor

Want to Make A Richer Life? Take Time To Make Time

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by Kurt Clements Many who are financially sound in Chicago got that way by being skilled at accumulating wealth. The question is, did they also accumulate quality of life? Working all the time to build wealth, while at the same time lacking happy experiences with those who are important, is not creating a rich life. Here are some ideas to promote …

Real Estate Investment South Side Chicago

How to Become A Billionaire Land Trader

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by Kurt Clements Trading land like a billionaire, even in the South Side of Chicago, relies on three simple premises. The first one is to acquire the land for cheap. The second one is to never intend to sell it. The third one is, if you trade it, trade up. Howard Hughes Billionaires that start with an inheritance have an advantage. …

South Side Chicago Real Estate

Finding ‘Hard Money’ Lenders Is Easier Than You Think

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by Kurt Clements Are you the type of Chicago real estate investor that has an interest in a treasure hunt? A real estate investment strategy based on hard money is, at its core, a treasure hunt. There must be an underlying value, the “treasure,” for a hard money opportunity to exist. Collateral For A Hard Money Loan Is Only The Property …

South Side Chicago Real Estate

I Can’t Believe It’s Not Grass!

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by Kurt Clements For those in the South Side of Chicago who have not taken a look at the innovative technology that is now used to make artificial grass, they will be surprised at how realistic some of the newest products look when compared to living grass. Installing artificial grass, which is high quality, does not come cheap.  However, for small …