Posts Tagged ‘#chicago Real Estate’
The Ultimate Rental Property Maintenance Checklist for Fall
The air is cooling, the leaves are starting to change, and the nights are getting longer. That means it’s time to get your rental ready for autumn and the unique maintenance issues this season presents. In today’s article, we’ll share rental property maintenance checklists from Bay Property Management Group with tasks for both landlords and tenants to…
Read MoreChicago – a top 10 city for real estate investment in 2022/23
by Patrick Regan September 15, 2022 Norada Real Estate Investments recently revealed its 21 best cities for real estate investment in 2022 and 2023, and Chicago made the list. The firm looked at data and trends across the U.S. to determine its rankings, noting each city has its “own set of qualities and disadvantages, but many of them…
Read MoreTop 10 Real Estate Markets for Cash Flow in 2022
This is a rerun of a story from Fundrise & BiggerPockets The vast majority of real estate investors get into the industry to pursue passive cash flow. Unfortunately, over the last several years, finding deals with strong cash flow has become a challenge. However, there are still plenty of markets in the U.S. that continue to offer…
Read MoreWhat Does a Recession Do To The Housing Market?
A major concern plaguing the country right now is around the possibility of a recession. We haven’t seen a recession since the 2008 financial crisis, and now we could be headed for one. For real estate investors, we answer a pertinent question, what does a recession do to the housing market? While the US housing market took…
Read MoreHouse Hacking 101
What Is House Hacking? House hacking is a term used to describe renting out a portion of your primary residence, either as a long-term or short-term rental. It’s a great way to make passive income, unlock financial freedom, and live in your dream home while still being able to afford it. House Hacking a Single-family Home…
Read MoreTenant Estoppel Certificate: What to Do When You Inherit Tenants
Attribution for this article goes to TurboTenant What is a Tenant Estoppel Certificate? Finding the perfect tenant for a brand new investment property is a top priority for landlords, so what could be better than purchasing a home that already has tenants? As great as an immediate cash flow seems, buying a tenant-occupied property does…
Read MoreHow Multifamily Borrowers are Adjusting to Rising Interest Rates
Some buyers are trying to renegotiate prices, but a net result of recent moves could be a tightening in the spread between multifamily cap rates and yields on 10-year Treasuries. Bendix Anderson | Jul 14, 2022 With the recent rate hikes from the Federal Reserve, borrowing costs for multifamily assets are rising as well. This is disrupting sales…
Read MoreHome Appreciation vs. Inflation Since the ’70s
Home Appreciation vs. Inflation Keeping Current Matters says that rising inflation puts a pinch on the wallet and makes you reevaluate any big purchases you may have planned. They point out that potential homebuyers are probably wondering if they should continue down that path or if it makes more sense to wait. While the answer depends…
Read MoreSmart Apartments
People have a growing appetite for innovative technology in all aspects of their lives that is influencing decisions ranging from the phones and cars they buy to where they choose to live. Demand from a more tech-centric consumer has launched a new generation of “smart” apartments. Some of the common smart devices popping up in…
Read MoreFive Requirements for Identification of Replacement Property in a 1031 Exchange
What are the Rules for Identification and Receipt of Replacement Property in an IRC §1031 Tax Deferred Exchange? Martin S. Edwards, J.D., CES® 02/23/22 In a typical Internal Revenue Code (IRC) §1031 delayed exchange, commonly known as a 1031 exchange or tax deferred exchange, a taxpayer has 45 days from the date of sale of…
Read More