Long-Term vs. Short-Term Real Estate Investing
Tuesday, June 27
Lets refresh our knowledge of Long-Term vs. Short-Term real estate investing. When evaluating real estate as an investment, one of the most important considerations is the hold period of the asset. How long do you plan to hold the property before a sale occurs? Your desired hold period will a...
Benefits of Investing in a Breakeven Cashflow Building
Wednesday, June 14
In today’s market, many of the core areas of Chicago don’t offer a large amount of potential cashflow for 2-4 unit buildings. Some buildings are still attractive investments despite the lack of annual cash flow. An investor or owner/occupant buyer can benefit by purchasing a core asset with...
Unconventional Reasoning for Investing in Real Estate
Tuesday, February 07
Warning, the following reasons to buy real estate as an investment are silly, ominous, speculative and all possibly real. With that being said, lets have fun with it!Robots Can and Will Take Your JobsThis is more on the ominous side of things. Gradually and quietly, technology has improved which...
Ways to Increase Income for your Income Property
Wednesday, January 11
We landlords always love to increase the income we generate from our buy and hold income properties. However life is generally pretty busy for a landlord and it’s quite possible to have the same rent for years while expenses are always increasing. This obviously puts downward pressure on cash...
Increased Demand is a Good Thing forTwo-Flat Investors
Friday, September 30
We are currently in a period of increasing demand for rental housing. The DePaul Institute of Housing Study Shown Here pointed out last May that “between 2011 and 2014, Cook County saw an increase of almost 39,000 renter households, and 43.7 percent of all households in 2014 were renters.”Two...
Why You Should Check Water Pressure in Apartment Buildings
Wednesday, August 17
My wife and I bought a two-flat a few years back in the Mayfair neighborhood of Chicago. It’s been a pretty good investment so far, but we made a bit of a mistake in not checking the water pressure. This mistake may have cost us between $7,000 and $22,000 depending on what is required to repa...