Investment Property Or Money Pit? Make The Right Choices

multi-family investment property

Planning to purchase your first investment property? Caution and patience can keep you from making big mistakes. Listen to the advice of your agent and consider all the possible factors that go into making a good investment decision to prevent you from experiencing the many potential pitfalls that can turn your investment into more of a money pit. 

Here is some advice to help you avoid some of the most common mistakes that first-time real estate investors make.

Congratulations to our May TOP PRODUCERS!

Top producing Chicago agents graphic

We're proud to recognize our TOP PRODUCERS for May 2019!

 

Top Listing Agents
 

  • Alex Donatelli
  • April Kibler
  • Dan Chiappetta
  • Doris Rivera
  • Hassan Dahik
  • Jack Tornabene
  • Jan Robertson
  • Jerzy Kozera
  • Jonie Montalbano
  • Valadez Team
  • Marc Anderson
  • Marti Janus
  • Michael McLenighan
  • Norma Perez
  • Pat Liput
  • Paulette Rebeck
  • Sheila Kula

*List is alphabetized by agent first name*

3 Real Estate Investment Strategies That May Be Right For You

buyers researching investments on laptop

Except for some special circumstances in certain locations, real estate historically has gone up in value over time.  Sometimes very quickly, sometimes slow but steady, and at times like a roller-coaster ride.  A look at the past 100 years shows that if you held onto real estate for at least 10 years, you probably made a good investment that yielded you a reasonable return.  That's certainly not the whole picture, and there are many factors that impact your return on investment, making investment decisions difficult at best.