A Win-Win For Real Estate Investors: How Investing in Properties is Investing in Communities

  When R.E. Barber erected a five-story office building in downtown Joliet, Ill., late in the 19th century, his sanity appears to have come into question. One recent report quotes an old-time newspaper story (sans attribution) as saying Barber, a lawyer and businessman, had “gone mad” for constructing a building that was completed in 1887 [...]

By | 2018-10-15T13:31:36+00:00 October 15th, 2018|Categories: Uncategorized|0 Comments

Competing Through the Highs (of Demand) and the Lows (of Supply)

As is the case across the country, the real estate market in Chicago is ablaze, for the simplest of reasons: Demand has outstripped supply.   That is, of course, great news for agents and brokerages, who are moving more properties at higher prices, and doing so more quickly than is typical.   There are challenges, [...]

By | 2018-08-27T13:40:53+00:00 August 27th, 2018|Categories: Uncategorized|0 Comments

Aesthetics vs. Security: How to Straddle that Fence When it Comes to Your Property

Securing a multifamily property is a wide-ranging proposition, a matter of locks, lighting and landscaping, of entrances and elevators, of fencing and fire escapes. Things like concentric circles of protection and Crime Prevention Through Environmental Design (CPTED) must be considered. And then a fine line must be walked, between what looks good and what is [...]

By | 2018-08-27T12:39:11+00:00 August 27th, 2018|Categories: Uncategorized|0 Comments

Perusing Other Properties: Why It Pays To Scope Out the Competition

For any real estate professional, the competition represents more than a sign in somebody’s lawn, and more than a website. It represents opportunity. Opportunity to learn, to gauge, to grow -- to recalibrate one’s own approach to the profession. Competition, far from bad, makes you better. It reveals weak spots and gives you a chance [...]

By | 2018-07-19T20:26:42+00:00 July 19th, 2018|Categories: Uncategorized|0 Comments

When to Refurbish (or Demolish) a Structure?

Believe it or not, a lot of work goes into real estate projects--in particular, the decision over whether a property should be renovated and refurbished, or demolished outright to make way for another structure. Personally, I much prefer renovation and refurbishment: I find it more cost-effective and efficient, and I’ve made much of my career [...]

A Primer to Repositioning Single Family Homes

Even though I’ve built my career on rehabbing and repositioning large, multi-family apartment complexes, I’ve always remained fond of single-family homes. After all, there is plenty of opportunity for renovating and reselling single-family homes--to the point that there are many articles, TV shows, websites, and magazines that have covered the topic. And renovating (and then [...]

Four Indicators of An Up-and-Coming Real Estate Market

Look before you leap, as the old saying goes. Nowhere is that more true than real estate investing. After all, when you’re sinking hard-earned capital into an investment, success is always balanced by some degree of uncertainty. The trick, then, is to do your due diligence on the forces influencing any given housing market; factor [...]