Question : I have been renting since I graduated college (4 years), but, I don’t understand why I should own real estate? Owning real estate is one of best means to build wealth mechanisms available to average US citizen! However, learning how to build wealth through real estate is not something that is taught in […]
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Landlording is for Hot Real Estate Markets Well, it’s 2019 and many real estate markets in the United States are at full tilt or making adjustments to account for a bubble that is beginning to form. The Federal Reserve has recently reduced the funds rate by 25 basis points and nearly every sponsored ad I […]
Read More ›140 S River; #201; Aurora is the LARGEST MODEL as a corner Unit with oversized balcony offering fantastic views of the Fox River. Freshly painted throughout with granite countertops & stainless steel appliances in kitchen and with hardwood flooring within the living room, dining, kitchen and 2nd bedroom. Custom window treatments! Double sinks & marble […]
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1960 Selmarten; 3805; Aurora 1960 Selmarten; 3805; Aurora 2 bed / 1 bath @ $1025 and Tenant only pays electric! Recently installed carpet, vinyl flooring, and painted (2018) throughout. Walk in closet off master bedroom offering plenty of storage. Ceiling fans in each bedroom and in living room. Balcony overlooks lovely foliage throughout Tall Oaks […]
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Is the Chicagoland Area Keeping Up with the US Average? Well, from a visual perspective of the Freddie Mac Housing Price Index, the answer is…NO. From 2003 until today, the Chicagoland area has not kept on pace with the National Housing Price Index. Furthermore, the percentage change on an annual basis has not kept up […]
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Real Estate Calculations for Rental “Buy and Hold” Real Estate : GROSS RENT MULTIPLIER How is it calculated? Price for Rental Property / Gross Total Rents = GROSS RENT MULTIPLIER Example : $1,000,000 rental property price / $150,000 in gross rents collected = 6.67 Gross Rent Multiplier (GRM) When is it used? This calculation is […]
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RENOVATED 2 bed/1 bath 2nd floor apartment. Spacious living room area and eat in kitchen with new flooring throughout. Brand new shower, bath vanity, toilet, medicine cabinet. Walk in closet in master bedroom. Coin laundry in building. FICO score of 625+ and income of $3000/mo or more to qualify. Available LATE EARLY MARCH 2019. No […]
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2018 saw a 1.17% increase in residential rentals in the Chicagoland area* and here are the five highest priced rental properties leased in Aurora, Illinois in 2018 : #5. 2687 Charter Oak Drive; Aurora, IL 60502 – $2695/month rent Located in the Ginger Woods subdivision with 4 bedrooms and 4 full bathrooms, this single family […]
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Here is why Property Management is easier in Aurora, IL… For those that have owned rental property for 5+ years, especially when performing property management in Aurora, IL, the answer is simple… SCREEN YOUR TENANT APPLICANTS However, in order to screen your applicants, you need a solid foundation to assist you with screening your tenants. […]
Read More ›PRICE IMPROVEMENT! 5030 CARPENTER; OSWEGO 4 BEDROOM / 3.1 BATH AND OVER 4000+ SQ FT 7 CAR HEATED GARAGE 5030 Carpenter; Oswego is new construction as of 06/2018 with home under warranty from McCue Builders until 05/2019. Double oven in kitchen with GE Profile black stainless finish. Granite countertops with oversized island in kitchen w/marble […]
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