Posts Tagged“real estate”

If you are hoping to purchase a new home in Chicago, you will find yourself spoilt for choice. So much so, in fact, that you may question where you want to live. Chicago is a big city, with wonderful neighborhoods such as Removille and Lincoln Park, and many others as well. According to Haris Ahmed Chicago is truly the best place for real estate. He does recommend that people spend some time driving and walking around, so they can get a real feel for the city and its fantastic neighborhoods. But specifically, he recommends the following ones. For Haris Ahmed…

Diving into real estate head first can be a much greater challenge than some would think. If you’ve been considering a career change for some time and finally passed your exam and decided to pull the trigger, make sure you take a breath and survey your situation. When you switch careers and get a long-term job in a field such Public Relations, or a trade such as working as an electrician, you rest somewhat assured that you will receive enough monthly income to pay the rent and purchase groceries. Even if you end up in a short term contract position,…

For some, the thought of remaining private and not involving a company in their property management sounds a lot more profitable than the alternative. However, there are some things that you should really take a look at before you cement your decision. A lot of people have been pleased with the results that a management company can achieve. Managing a property is no easy feat and if you think that you can do it by yourself, that’s respectable on its own. However, even if you are a skilled and experienced property manager, you can’t deny some of the advantages that…

Recently, an old part of the federal tax code has been increasingly used to benefit non-profits, while making sellers considerable amounts of money. It’s called a 170 exchange, and it’s time you learn about how it works. What is a 170 exchange, anyway? A 170 exchange is a real estate transaction that permits owners of real estate to sell their properties, and use some of the proceeds of that sale as a tax deduction. This is achieved due to its status as a charitable donation, as the owner sells their property to an entity that is a registered non-profit. The…

Investing money in real estate is a shrewd and smart move, providing you know what you are doing. Real estate gives you an investment opportunity that has the power to earn you huge profits and monthly income and with sufficient knowledge, anyone can get involved in the business. That being said, it is important that you are fully aware of all aspects of the market and the industry before you start buying up properties and here is a preparation checklist for you if you are considering investing in real estate. Find a Great Broker A broker is essential for those…