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All in Real Estate
Landlords and property managers must be familiar with “fair housing” federal, state and local laws. These laws are an important way to protect home buyers and renters, they are not always obvious to landlords and property managers. Take a look at our guide to learn about one specific aspect of fair housing that is unique to Chicago and Cook County, Illinois: source of income discrimination.
There has been an increase in home buyers purchasing real estate under an installment contract also called “rent to own” contract or contract for deed, rather than using a traditional mortgage. Read on to learn about the new installment “rent to own” contract law in Illinois is designed to protect home buyers who finance a home purchase using an installment contract.
Changes to the Home Repair and Remodeling Act (HRRA) will go into effect on January 1, 2019 and will impact homeowners, real estate investors, and contractors alike. Review this quick “need to know” guide to understand contractor requirements and homeowner rights.
Having a great support team, such as a property manager, real estate lawyer, CPA, and insurance broker, makes owning and earning profit from rental properties much easier. Read on to find out how the right teams ensures the best protection for yourself and your investment.
Purchasing real estate wholesale to sell to property flippers is a great opportunity for first-time investors because it doesn’t require a lot of experience or capital. The process of wholesaling can be profitable if you know the pitfalls and hazards upfront and with the right legal tools in your toolbox.
If you are interested in wholesaling real estate, then you have definitely heard about “double dry closings” and “investor friendly title companies.” I explain both of these concepts and let you know what is and isn’t possible in Illinois and what you need to do to get your deal closed.
Builder’s Risk insurance is a necessary tool in any real estate investor’s or contractor’s tool box. It insures against damage, loss and other causes that would otherwise impact your profits. Read on to learn more about Builder’s Risk and why every successful investor has it on every project.
You CAN afford an attorney! We are here to help you Focus on Profits not Paperwork, that’s why we offer flat fee and packaged legal services as well as an hourly rate. We have something for every entrepreneuer, start-up, financial situation and stage of business. At Enterprise Esquire, we have a variety of packages and custom payment plans that meet our clients where they are.
Successful flippers (real estate investors) employ strategies and standards to become successful and more importantly to stay successful. While you are bound to make a few mistakes along the way, save yourself money, delays and headaches by learning from the mistakes of successful flippers. Read on to find out what the most common pitfalls are and how to avoid them.
When you give a referral to the people you trust the most, you are telling them, “here’s somebody I think can help.” You are looking for someone to understand their situation and help to make it better. That’s why when you hire Alexis Hart McDowell, Esq., you aren’t just paying someone to perform a service. You are entrusting your livelihood, and your future, with a professional whose sole desire is to help make the situation better and the burden lighter.
If you are a homeowner in the City of Chicago with a little extra space, it may have occurred to you to post your space on a short-term vacation rental site like Airbnb or HomeAway. If you are considering hosting on Airbnb or any other short-term rental site in Chicago, here are a few legal things you will need to consider.
The great thing about real estate is just how many options you can exercise. There are so many real estate areas, and with the right conditions and research, it’s possible to be successful at any of them. Market conditions, your wealth strategy and other considerations all come into play when deciding to hold 'em or fold 'em when it comes to real estate.
