Not unless there is new development planned or retail - that area is quite depressed.
I'd say for at least five-ten years for any possible investor buildout there.
The only plus is that it is so close to the Loop - it will eventually be developed but not in two years. Follow the retail and you will find successful developments.... more
Which services are modifying mortgages under Obama rescue?
Written by Steven Dwayne Ransom | August 8, 2009 11:00 AM
http://www.trulia.com/blog/steven_dwayne_ransom/ (see para: 6).
I'm thinking that this could be a good reason for RE Brokers, and those associated RE industry should come together and establish new way of banks or establishing new banks.... more
Go to your listings and underneath the picture will be a update listing information. Click on that and you can edit your listing.
Americorp Real Estate
Brokers Associate, e-PRO
Accountant for Real Estate Professionals?Can anyone recommend a good, aggressive accountant who frequently works with real estate professionals? I also own a business and have pretty complex tax issues so I need someone really...
I have been in touch with many investors who have retired, but had the resources and credit score to invest in real estate. For those folks, and there are many of them, this has been a nightmare scenario.
Typically, they are in their 60's, had great credit scores and several hundred thousand in working capital. They had some early success with real estate investments, and then started looking to the gurus to provide turn-key deals in Florida and Costa Rica...Now, with 10+ houses that have gone belly up after taking severe losses for 24-36 months hoping for a solution, many of these people face the loss of their own personal residence.
Let's keep in mind that these folks were responsible working adults for 30+ years, they worked hard and were just beginning to enjoy the life that they made for themselves. It is staggering to see some of these people and hear what they are doing to survive.
Some people would say these people were greedy, and there is a case for that. But this class of people has been a part of the working class for a long time and many of them saw this as the opportunity that they had been working for. I think that the word greedy is completely inappropriate, but understand how some people can see it that way.
I don't care to point fingers, many of us, including myself, have contributed in some way to the bubble that just burst...It's time we all did the right thing on a personal level to guide us through this and hope that we have learned the lessons, so that this doesn't happen again.
Robert D. Cass
This morning I spent five hours walking thru two -three flats in the Jefferson Park area.
The prices are REALLY coming down and I believe you should spend as much time
as possible walking thru as much inventory as you can. I also believe you should take
a second look at these two and three flats that are out there. My specialty is in renovatioin and
restoration. Also I live near this location for 10+years. If you would like me to send
what is available please email me at email@example.com.
312 953 4484... more
Thjat's Morgan Park, not Beverly. The last time I was on Vinennes in that location it looked like a pretty tough area. There were boarded-up new construction homes and evident signs of gang activity. Investigate carefully.
You can see a complete list of neighborhood boundaries at Google Knol:
Alan, that an interesting question. The answer is thousands of both. What should be more important is what type of property are you looking for in what area and how many of these properties are available. This will give you a better idea of where you stand and is time to buy or not. I have states for houses for sale but not rental units.
17,679 Homes For Sale 16,810 Recently Sold 13,520 Foreclosures... more
If you're in the City of Chicago, I'd call Collier Lock Service on N. Clark street if you're still having a problem. When my entry tier of my old condo building was having a problem, these guys were great about talking me through the repair myself- rather than charging me a fortune to come out and do what I was able to very easily do myself once I bought the right replacement speaker.... more
My dad has used a real estate newsletter as a part of his business with great success for many years. There are a number of preprepared newsletters that you can order and I would strongly recommend this. You will spend too much time trying to prepare your newsletter on your own and not enough time selling houses. Good Luck.
In the future you might get a few more responses to your questions like this if you post them in the agent to agent area. Just a thought.
Cameron Piper... more
That land is owned by the city and is referred to as the "parkway". I am not sure that there is anything you can do about it. I find it amazing that these people do not clean up after thier pets.... more