Author: Petar @ REToolkit.io

What You Should Know About Real Estate Trusts in Illinois

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Making preparations in advance for the inevitable passing of a dear one can help alleviate the burden of handling estate matters during the period of loss. Particularly for individuals with substantial wealth, the significant tax rate on inheritances can be a cause for worry. By taking proactive measures to preplan the distribution of assets and … Continued

5 Ways to Deal With Bad Tenants in Illinois

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Experienced property owners are well aware that challenges and difficulties are inherent in the role of being a landlord. Among these, problem tenants often top the list. While eviction remains a viable option for severe cases in Illinois, it is a time-consuming and costly process. Therefore, it is advisable to explore alternative approaches for resolving … Continued

Using A Lease Option To Sell Your House in Illinois

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The strategy employed when selling a property greatly impacts the potential profits of a real estate investment. Lease options present a highly advantageous alternative to direct house sale, enabling property owners to attain higher returns on their investment. These options typically span one to three years and provide the option for tenants to purchase the … Continued

How Landlords Can Save Money Making Repairs In Illinois

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To enhance the long-term value of your rental property, particularly if you have plans to sell it soon, it is advisable for landlords to prioritize regular maintenance and necessary repairs. Implementing cost-saving measures while ensuring the property remains in excellent condition can be beneficial. Although cutting corners on repair costs is not recommended, there are … Continued
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