Author: jfromchicago

Short Sale vs. Foreclosure – What’s the Difference?

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Whether you’re a buyer or a borrower / seller, a short sale and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Chicago Illinois? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source).  If … Continued

Can a house be sold while in probate in Chicago Illinois?

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Probate is the process of reassigning the property to the beneficiaries after the person dies. When a person passes away they leave their loved ones and their property behind. Sometimes the last will or the Testate is left behind by the person and in some cases it is not. Whatever is the situation, the property … Continued

6 Owner Financing Tips For Sellers In Chicago

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If you’re thinking of selling your house using owner financing, make sure you read this blog post to learn the 6 owner financing tips for sellers in Chicago… There are many ways to sell your house. You could list it on the market and see what sellers will pay. You could work with a real … Continued

4 Ways To Deal With A Frustrating Tenant In Chicago

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Are you a landlord with frustrating tenants? You’re not alone. Many landlords find out the hard way that they have frustrating tenants in one of their rental properties. In this article, we’re sharing 4 ways to deal with a frustrating tenant in Chicago and in the 60620 zip code. If you own a rental property, … Continued

How to Sell a Fix and Flip House Fast in Chicago

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When you begin your journey flipping homes, there are some things you need to know, and other things you will want to avoid. We’ve put together some tips on how to sell a fix and flip house fast in Chicago.  Flipping a home in Chicago can be a great way to turn a profit, but … Continued

3 Ways To Value a Rental Property in Chicago

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If you want to invest in rental real estate in Chicago then one of the first things you’ll need to do is determine the value of the property. After all, how else will you know if it’s the right investment for you? In this blog post, we’ll share with you the 3 ways to value … Continued

Keys To Building A Passive Cash Flow With Turnkey Property

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Thinking about investing in turnkey properties? Make sure you read this article which reveals the 5 secret keys to building a passive cash flow with turnkey property – which works here in the 60620 zip code, and elsewhere. Most people work their whole lives and then retire at 65 with little to show for it. … Continued

Selling An Unsecured Promissory Note In Illinois?

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If you’re in Illinois (especially Chicago), when it comes to unsecured promissory notes, there are two things to keep in mind: Its current value and its future value.  If you are considering selling an unsecured promissory note in Chicago, the first thing you need to do is determine its current value or market value (that … Continued

How to Find Turnkey Rentals In Chicago

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Want to invest in turnkey properties? Of course, you do because they make a great addition to any portfolio. In this blog post we’re sharing how to find turnkey rentals in Chicago… Turnkey rental properties are a great addition to any investor’s portfolio – they’re hands off, they’re simple to own, and they provide cash … Continued

The Surprising Truth Of Being A Landlord In Chicago

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Do you own a rental property in Chicago? Make sure you know the surprising truth of being a landlord in Chicago because it’s not always what you think it’s going to be… Owning a rental property seems like a great idea. You buy it cheap, you find a tenant, and then you profit from the … Continued