Builders, landlords and investors are carefully watching the apartment sector, determining the health, and potential decline of demand and return of investment in the city. With the pace of apartment building and current supply increasing recently there are concerns that there could potentially be an oversupply. After the bust, the […]
Landlord
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#200478943-001 / gettyimages.com With many homeowners’ spending power getting squeezed from the economy, or from sapped equity from the market downtown in previous years, many are becoming more creative in finding ways to make their home more affordable and produce cash flow in unique ways. Many of these ideas could […]
Great discussion on WBEZ talking about security deposits in Chicago, and zombie properties.
With the continued rising costs of rents in many Chicago neighborhood markets and suburban areas many are considering renting their homes in lieu of selling or adding to their real estate investment portfolio.
The State of Illinois, by way of Public Act 097-0470, just amended the Illinois Landlord and Tenant Act, adding new section 765 ILCS 705/15. Effective January 1, 2012, landlords in counties with a population in excess of 3 million people (ie. Cook County) are required to change or re-key the […]
Landlords, and investment owners should be aware of the changes in the landlord and tenant laws which may affect their rental properties. Originally published at https://realtyevolved.net by Sherwin Sucaldito.
It’s no surprise that landlords are on the rise. With many owners either unable to sell their home, or deciding to delay the sale, many have become situational landlords. Additionally, the heavy activity of distressed properties became a viable investment tool for many cash-ready purchasers. Cash flow properties, attractive capitalization […]
With the current economic situation, one thing has been very common for many of us… our credit has been destroyed.