I have been watching the last 4 months in absolute awe. Unemployment is through the roof, businesses are going bankrupt, most people are staying home not spending money yet the stock market and Real Estate market are...
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Was just told today by a Chicago area attorney who works with a lot of investors that he has seen a sharp increase lately in banks calling notes due.Very curious if anyone else is seeing this.
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Intro…Keeping with the spirit of @J Scott 's “Diary of a New Construction Project” where we jumped into a HUGE project that we never really had done before, “Tear a house down and build a new one back”. This adventu...
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I’d like to start a new kind of real estate brokerage. It would dually represent buyers and sellers and charge a total commission of no more than 0.6%. Instead of depending on buyer agents to drive prospects from hous...
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Do any of the pros have crowdfunding sites?
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After many of the Ashcroft capital syndications paused distributions, I get this surprise email this morning saying all LP investors need to pay additional 19.7% of invested capital call anyone have experience with c...
My partner and I went out to lunch with one of our agents who sold us 2 buildings last year. He asked how much do we cash-flow on the buildings? We looked at each other and said we didn't know. You've gotta be kiddi...
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Here in Chicago commission have typically been between 2 and 2.5 percent of gross sale price but now with the new rules I have not met any agents willing to take less then 2.5% so what has happened is the listings tha...
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I have a small house on 18 acres. We have rented it out 5 times with no complaints. In the last 4 years we we have totally renovated it adding a sun room, new HVAC, electrical, plumbing, and refinishing floors, ref...
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Technology's impact will not be an immediate end of jobs, but an increasing stress on wages and work environment. You will continue to be paid less for doing more.Owning income-producing assets (real estate, business...