With your investment strategy lined up, it’s time to prepare yourself for the tenants in your investment properties. But before you put on your landlord hat and begin conducting interviews, as a landlord, you’re responsible for being aware of local, state, and federal laws that govern discrimination and your screening criteria for tenants. Now, of … Continued
Property management matters from the selection of tenants and all that follows. The best location and building in the world won’t overcome the cost of poor management; when tenant complaints are ignored, as a rule, it can become troublesome. Leaving unresolved tenants and management can also lead to non-payment of rent in protest of poor … Continued
Please don’t go! With happier tenants overall, your turnover rates will be lower than the average in Chicago & Suburbs, and your income will be steady and reliable, making you a happy landlord. And once you have gone through the trouble of a thorough screening process and have located exceptional tenants, you simply will not … Continued
There is a great deal to learn about the real estate investment business. While everything can look great about your investment property on paper, dealing with people is not so cut and dried as working with numbers. Whatever you do, do not skip any step in screening tenants, especially checking references and contacting previous landlords. … Continued
It’s a simple fact that there just won’t be more land than there already is. Hence, the supply is limited, and because the population is increasing, land will always be in demand, making it an excellent investment. Be sure you’ve done your homework, make certain the land is accessible by road, and there will be … Continued
Building your nest egg takes a careful balance of making intelligent investments, the key to success being a good location at a great price. In addition, diversifying your real estate portfolio through carefully laid out plans for your entry and exit strategies, with the flexibility to make adjustments as needed, serves to protect your holdings … Continued
In the diversity department for real estate Investors, land offers a great variety, and you’re likely to find a way to incorporate your life passions and investments. But, of course, once you’ve found your investment property, you must pay the right price to realize the best return on the investment. But first, you’ll need to … Continued
Savvy real estate investors understand that flexibility with your investment strategy is the key to success. If you’re considering selling your land, it‘s entirely understandable that you are hesitant to sell an investment you believed would be yours for many years. However, life has a way of happening to us, and many factors can influence … Continued
Adding curb appeal through landscaping serves a dual purpose in that it attracts more desirable tenants and adds value to your investment. As for the plants you select, it is worth your effort to learn about xeriscaping and using native species that require less water and care overall, saving you money in the long run. … Continued
Diversification is the key to securing your retirement dreams of passive income earned on your real estate portfolio investments. The internet has changed the game of long-distance real estate transactions, and savvy investors are no longer limited to local real estate deals to fulfill their investment plans. Instead, they are spreading their investments out into … Continued
Whether you’re the buyer in a real estate deal, and your offer is on the table, or the seller and a bidding war has started, you want to be the one that wins out. Sellers need to put in the work and market the property to catch buyers’ interest and, once doing so, remain reasonable … Continued
Your real estate investment business and your properties care are crucial to you, making hiring a property manager feel much like rolling the dice with your future. Just as you should meet your potential tenants in person as part of your screening process to ensure the best experience, you should interview your potential property manager … Continued
Who else needs financing for their real estate investing deals? If you invest, you’re probably looking for real estate investing financing sources in Chicago & Suburbs… well, look no further because here are the only 4 you’ll ever need to do as many deals as you want to do. As a real estate investor, you … Continued
When you want to sell your home, it is essential to consider what could make a bad presentation in the eyes of your buyers and take steps to do whatever is possible to rectify the issue. Read on as we explore these five surprising things that can make it difficult to sell your house in … Continued
Looking to acquire an investment at an auction? That can be a fun (and potentially profitable!) way to acquire properties but it can also be fraught with danger if you’re not a careful. Make sure you read these 4 tips to help you do it right… The secret to most real estate investing is to … Continued
