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Showing posts from September, 2019

Real Estate Market in Chicago - Analysis

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Real estate trends have been positive throughout the country.  However, certain markets have not seen the same rapid growth rate and some have even seen declines. The general real estate market is always fluctuating. It is a market where more risk means more profit. The market has to go through both the business cycles that is the recession as well as boom. The residential real estate market largely depends upon a buyer demand.  For commercial properties, tenant demand is one key driving factor. Tenancy rates direct the overall valuation of a commercial property.  Hirsh Mohindra says that when investing in commercial or residential real estate try to truly understand the key drivers in that local market. Chicago’s real estate market is varied.  Parts of the city and surrounding suburbs have seen strong upward trends, whereas others have faced headwinds.  Chicago city center has enjoyed an increase of jobs, many of which are relocating from the suburbs....

Tips Getting into Real Estate investment

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Real estate is one of the best options to invest money in a productive manner. But it requires knowledge, time, patience and most important cash in your hand. These considerations are very important if you are considering investing in  real estate . Follow these top tips from  Hirsh Mohindra  to get into the real estate investment field: 1.    Make a financial strategy: Cash in hand is the first requirement in real estate marketing. Before making any real estate investment, make your financial house in order. Real estate field you should have cash in your hand for down payments and most important, some reserve for bad situations. This reserve money should be separate from your emergency fund. 2.    Leverage a local team: Hirsh Mohindra : If you are really interested in real estate marketing, you need to focus on making a strong relationship with people, because real estate is all about good relationships. Initially, it can t...