Category Archive: Good articles

When Evaluating Properties: Look at the Property Tax

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This past weekend the Chicago Tribune had an article about the taxes that city’s put on their tax payers. For example the City of Bellwood Illinois, with a population of 19,200 has a debit of $99 million. Have of the property tax bill goes to pay for the debt. Is seems that some elected official feel it their part to take on debit to benefit the …

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Number of Foreclosures up

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Prior to the summer the number of forcloseures were down. Now with summer almost up the number is going up. Why? Back in February the banks settled allegation of robo-signing to the tune of $25 billion. Since then the number of foreclosures have go up. In turn the inventory is down right now. That is what is on the current market …

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Gen Y The Next Wave of Renters

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Who if Gen Y? Well that term is subjective no one can agree on the the years. I like the years that the book “The Age Curve” has, so I will use that. Baby Boomers 1946-1964 Gen X 1965-1984 Gen Y 1985-2010 according to the book the last generation was 25 years long has not …

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Riches in Niches: Why I Became A Nichepreneur

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It’s safe to say that I was good at my job. Actually, very good at my job.  I loved working in public relations, and invested time, energy and money into my career.  It showed, too — my clients were pleased, my supervisors was pleased, and I was pleased with the work I did. For ten years, that was enough.  I spent a decade in …

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Economic Indicators From the US CENSUS

Stats from the US CENSUS  Housing Vacancies and Homeownership Homeownership Rate (HR) The homeownership rate in the second quarter 2012 (65.5 percent) was lower than the second quarter 2011 rate (65.9 percent). The homeownership rate in the South was lower than the corresponding second quarter 2011 rate, while the rates in the Northeast, Midwest, and West …

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Pending Home Sales Slip

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Rental Licensing Ordinance

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What is a “Rental Licensing Ordinance” is a sense to Police landlords. Skokie a suburb of Chicago wants an Ordinance that will require property owner and/or property managers to pay per rental. It is $10 per unit for property managers and $25 for owners. I don’t thing they fees overlap its one or the other. Is this good? The city would …

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Forbes Post

Last night I read an article on Forbes.com and my rebuttal to the article by an economist.  Title of the article “Why You Should Love Government Deficits.” On the bottom Click to expand comments to read my comment. Try Audible Now and Get A FREE Audiobook!   Be sure to like us on Facebook and Join our Newsletter Share/Bookmark

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Savers are Losers

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If you have a savings account you are a loser! OK not calling you a loser but you are losing money. Here is how what are you getting in interest i check prior to publication BMOHarris site if you had less then $2500 it .01%. Money Markets and CD’s did not fair any better 1.193% for …

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CalPERS dismal 1% return

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A few days ago CalPERS came out and said that the last 12 month the pension fund only made get this a whole 1% return, WOW. What is CalPERS? CALifornia Public Employee Pension System.They are the largest pension system in the country with 233 billion under management for about 1.6 million public employees. CalPERS runs …

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