HK® Bobby Pen & The Pen Pals® Real estate, Wealth, Health

United States v. Huckaby – Domestic Asset Protection Trusts and Real Estate

At its root, the Huckaby case concerns what state law should be applied to real estate owned in a trust – the law where the real estate is located or the law by which the trust is to be administered. If you are trying to implement asset protection for real estate located in a “non-DAPT” or otherwise “non-asset protection favorable” state, you should consider the possible benefit from a “real estate – personal property” conversion approach.

Absorption Rate Chicago Luxury Apartments Bobby Pen & The Pen Get Smarter Faster

Insider Tip To Buy Chicago Luxury Apartments Smarter

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 just a snapshot. If you were to do this, then you’d have a feel on if it’s a ‘buyers market’ or ‘sellers market.’ In a nutshell, this information can be crucial in justifying your position in a negotiation.

The Truth About Private Investments For Wealthy People

USA President Franklin D. Roosevelt’s New Deal created the Securities and Exchange commission as part of the 1933 Act. It was designed to prevent business people from raising capital from the general public. Under the guise of consumer protection, the regulation made it illegal for entrepreneurs to advertise the offering of new shares in a company. Except to wealthy insiders—called accredited investors. The regulation relied upon a four-part test called ‘Howey’ to define which offers are considered securities.

Confusing Residential Real Estate Rule Is Now Law

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, then these closing rules shall apply.

It’s worth repeating. These rules (timelines!) apply to any home purchase:

The Four Hidden Ingredients In Your Mortgage Loans Drug

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 buying a single family home, apartment or commercial property, these principles are as relevant as the laws of gravity.

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How To Value Real Estate Investment And Property Correctly

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 you detect residential real estate market bubbles. This killer infographic summarizes everything you’ll ever need to know on how to value real estate.

Safely Buy a Condo in Downtown Chicago Using These 7 Market Tips

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 on your feet among the street-level metrics.

Ride The Next Chicago Real Estate Wealth Wave

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 wealth phase in Chicago real estate.

This month, our insider technical analysis trigger (shaded green areas) secretly alerted us to the start of the next Chicago real estate wealth cycle. Heeding the guiding principles in this simple chart remains especially important if you’re buying property using debt financing.

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Buy Downtown Chicago Real Estate In 10 Moves

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 into a real estate broker at a coffee shop and start talking real estate.

Luxury Chicago Real Estate Wealth Bobby Pen & The Pen Get Smarter Faster HK®

4 Noble Reasons To Consider Chicago Real Estate in Your Wealth Plan

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. Beyond lifestyle and fun, Chicago offers convenient travel to anywhere in the world. And when it comes to intellectual capital in the form of the tall building, Chicago minds are at the top of the pyramid.

Pick The Right Drug When Getting A Mortgage

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 know it themselves.

This is single-handed the most important lesson you’ll ever need to know when borrowing money from a bank to buy property.

Timing Matters When Hitting Home Runs…As Does The Stadium

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 with the exact same credo:

“…wait for the right pitch, yeah and wait for the right deal. And it will come. It’s the key to investing.” – Warren Buffet

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