Can I sell my Chicago house in foreclosure?

Do you have a Chicago IL house that’s in foreclosure right now? Many people going through the IL foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually you can … Continued

Selling My House for Cash in Chicago

Should you take a cash offer for your Chicago house? Not always. I’ll tell you how to sell any property for cash, some reasons to refuse a cash offer – and when you shouldn’t say no. Selling My House For Cash In Chicago If you’re selling a property in Chicago to an end buyer (the person living … Continued

How to bid on a short sale property

Short sale properties can be a great source of income for investors, and a great deal for home buyers. It’s important to keep in mind that a short sale is one where the bank has approved a loss on a current loan. They’re losing money, so they want to unload. Generally the current owner is in a rough … Continued

How do I sell my house without an agent in Chicago?

If you’re looking to sell your house or investment property in Chicago without using a real estate agent, we can help. Although we do cooperate with brokers, sometimes it’s best to avoid paying someone to be in the middle. After all, paying 5-6% of the sale of a property in a commission is a lot of money. … Continued

How to Use Your IRA to Buy Real Estate in Chicago – Part 2

We wrote a recent article about putting local Chicago investment property into your self directed IRA… if you haven’t checked that one out… head over here. In this article we’ll walk through some more things to look out for and how to use your IRA to buy real estate in Chicago IL. So lets dive … Continued

Investment Property Tax Deductions List for Chicago

Uncle Sam gives, and Uncle Sam takes away. But in the case of buying local Chicago investment properties… you can earn investment property tax deductions for your Chicago properties. For real estate investors, the United States provides the opportunity to earn a living purchasing investment properties… and holding those properties as investments, and of course the … Continued

Selling My House Fast in Chicago

You need to sell your Chicago house fast right?  If you’re saying… “I’m having the toughest time selling my house fast in Chicago“… you’re at the right place 🙂 These tips will help you get your property sold. [NOTE: Most important – if you really need to sell fast, consider the option of selling for cash offer … Continued

Tips on Buying Chicago Real Estate with your IRA

While most people understand that real estate is an investment, many people are taking advantage of the qualified retirement accounts to purchase real estate as an appreciating or revenue-generating instrument like IRAs. It’s really important to understand the tax implications, legal ramifications, and various other intricacies of purchasing Chicago real estate within your IRA. So, lets dive into … Continued