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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...

Become Real Estate investor budget?

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Real estate business is growing day by day, and particularly in urban markets.  Oftentimes investors believe that large capital contributions are required for investment, however – there are plenty of investment opportunities for lower budget investors as well. Follow  Hirsh Mohindra ’s tips to become successful investor on a lower budget. Education : Prior to investing in real estate, it is critical to learn as much about the market, real estate valuation, and the transactional process. Empowering yourself with knowledge will provide you the ability to do more at lower costs. Real estate investments can be diversified by segment, such as: a. Commercial Real Estate. b. Small multi-family properties. c. Large multi-family properties. d. Vacant land. e. Single family homes. Study these fields before investment. Understand your limits : Hirsh Mohindra : It’s important to understand your limits when investing on real estate.  Setting an inves...

Real Estate Marketing Strategies 2019

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Earlier a prominent office was all a real estate agent required to entice potential sellers and buyer searching for a home. Those days are gone. About 80% of people these days search for a home online and also prefer to sell home online. Hence, an online presence is really crucial for tech-savvy real estate agent emphasizes Hirsh Mohindra. This is the basic need. But where is the real estate market headed this year? In this article, Hirsh Mohindra shares some of his predictions on marketing trends that every real estate business person needs to follow in 2019. Use Video in 2019: They say a picture is worth a thousand words – but we say that a video is worth a thousand pictures.  These days, you cannot overlook the impact of videos are having on businesses, especially when marketing real estate. Videos are what individuals want to see and prefer to share with friends. In fact, including videos in your marketing tactics drives organic traffic. Videos are the best r...