Absorption rate is one key data piece that gives you leverage in a real estate negotiation. The trick is to track the ‘absorption rate’ on a monthly basis, each and every month. So that you have a complete story… a trend. And not
It officially went into effect October 3, 2015. The Dodd-Frank mandated (CFPB directed) residential real estate closing regulation (known as the “TRID Rule”). If you’re participating in a residential real estate transaction in America,
If you’re using bank financing to buy or own any property, then you’re using a type of drug. As you know, some drugs can be therapeutic. While other drugs can kill you. It doesn’t matter what type of property you buy. Whether you’re
If you’re buying any property—whether as a personal residence or investment—then you must know how to value real estate investment and property accurately. In a nutshell, there are three ways. And a little-known fourth way that shall help
If you’re a first-time home buyer, investor, relocating or retiring—and ready to buy a condo in downtown Chicago—then these 7 market insights will help you avoid costly pricing mistakes. Follow this info-graphic along as it lands you safely
It just started. Despite what numerous pundits previously alleged regarding a Chicago real estate recovery, it has only now started. If you’re interested in buying property—or investment in general—then you don’t want to miss this next
Properly buy downtown Chicago real estate like a grandmaster chess champion. If you brace yourself with these moves, then you’ll checkmate your opponent every time.
Move 1: Notice of No Agency
What is it? — When you bump
Chicago is considered a high momentum cyclical market. Similar to other HNWI (high net-worth individual) markets in America like San Francisco. Which means it’s real estate market trend mimics the peaks and valleys of a roller coaster ride.
What your pal at the bank and your broker don’t tell you. The reason why your advisers won’t inform you on this calculation is because they’re not trained to think like a successful fund manager. And, therefore, they don’t
Legendary investor Warren Buffet claims he shares a valuable philosophy with baseball great Ted Williams. Ted Williams once wrote that the most important thing for a hitter is to wait for the right pitch. Warren Buffet admitted he approaches investing
This information is coming off the heels of a recent presentation I made at the American Association of Private Lenders conference at the Kansas City Convention Center. Many of the attendees were from Kansas City, Missouri. And appreciated the
What a crime these days. How some of these buildings have the audacity to include the word “luxury” in their advertising. Whether in Shanghai, Chicago or New York, all I do is stare at architecture—even when I drive.
My wife preferred