City of Chicago Garbage Fee One to Four Units
Wednesday, August 10
This garbage fee smells like garbage. Gone are the days when you didn’t have to pay a garbage fee for one to four unit properties in Chicago! This fee will now be unified with the Chicago Water and Sewer bill and will come every 6 months just like the water bill used to when it was paid on it...
Chicago Property Management Tips
Thursday, May 26
Buying your first investment property can be exciting. The thought of being your own boss, retiring young enough to really enjoy it, and of course making money are all thoughts that come to mind. But we cannot forget that to achieve this level of success in buy and hold real estate, we must a...
Can I Buy Multifamily with a VA Loan?
Monday, August 03
Yes it is absolutely possible to buy a multifamily building with a VA loan. There are however limitations, but for our veterans this is one heck of a program! It’s the ultimate real estate dream. Put 0% down on your mortgage, acquire an investment property, live in one of the units and have t...
Reasons to Buy an Investment Property
Wednesday, July 08
When you have extra money, there are so many ways to save or invest, it can make your head spin. I’m here to tell you that real estate is no doubt the best way to invest for extra income, profit or retirement for the average person in the long term. Here is a list of reasons why you should co...
Useful Real Estate Investment Calculations
Wednesday, July 08
Buying real estate as an investment has proven to be a great way to save for retirement, supplement your primary income and shield your income from taxes. But before investing, you should know some basic and important calculations that will help you make the most of your money.Cash Flow Cash I...
What Can I Use a 203k Rehab Loan For?
Wednesday, July 08
In Chicago, there are a lot of old homes that require updating. Many of these homes were built between 1890 and 1920 or in the 1950’s and have not been updated or maintained for decades. Throw in the real estate crash of 2008 and you have a recipe for rehab!There is a lot to say about 203k Reh...