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+ SQUARE FEET 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 […]
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Five Ways to Earn Wealth Through Rental Real Estate In conjuction with other investments, the primary benefits of investing in rental real estate is that there are many means in which wealth can be accrued. When combining these figures into a total return on investment, which may be considered the “internal rate of return”, those […]
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Tech is KING. Leverage Technology to be your own Property Manager and Save Money. Over the past 10 years, technology has provided a lot of tools to leverage the everyday landlord be able to manage their own rental portfolio and not have to pay a property manager to do so. Question is…with these tools and […]
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Why Hire a Property Manager? Save the landlord time Save money with time invested on the rental property Access to a 24 repair call center Have a representative that is close to the property to evaluate Obtain better marketing of rental property with a property management company Receive warranties and guarantees offered by a property […]
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