Mission Statement
Articles, links, ideas and everything to do with property management.
Tuesday, August 21, 2012
Rents are rising : What should you do?
Ownership of rental properties are quickly becoming scarce as more and more people try to get into this game. The prices of these units should start increasing. There appears to be a move by the Government to get people to move into cities out of the suburbs. In Chicago, Mayor
Emanuel has brought in several companies and their employees into the city by providing them tax incentives prohibited to the rest of the population. Yes, less taxes are good.
Emanuel has brought in several companies and their employees into the city by providing them tax incentives prohibited to the rest of the population. Yes, less taxes are good.
Benefits of Dividend-Paying Stocks
This is another way to get passive income. Like everything else, there are always risks. Who dares win.
Wednesday, August 8, 2012
Tuesday, August 7, 2012
900 N. Michigan Condo for $2.75 Million
Former Chicago Mayor Richard M. Daley is selling this property in Chicago. The unit is 3,479 Sq Ft and possibly not in the range of his Honor's retirement funds of $500 per day. Politics pays well for some.
Monday, August 6, 2012
Thursday, August 2, 2012
Wednesday, August 1, 2012
Tuesday, July 31, 2012
Saturday, July 28, 2012
Friday, July 27, 2012
Wednesday, July 25, 2012
Wednesday, July 18, 2012
Sunday, July 15, 2012
Wednesday, July 11, 2012
Thursday, June 28, 2012
16th Amendment
The Sixteenth Amendment (Amendment XVI) to the United States Constitution allows the Congress to levy anincome tax without apportioning it among the states or basing it on Census results. This amendment exempted income taxes from the constitutional requirements regarding direct taxes, after income taxes on rents, dividends, and interest were ruled to be direct taxes in Pollock v. Farmers' Loan & Trust Co. (1895). It was ratified on February 3, 1913.
Monday, June 18, 2012
Thursday, June 14, 2012
Phoenix looking good for job growth
Metro area population: 4.3 million
Current unemployment rate: 6.6%
Job growth next five years: 8% to 10%
Number of new jobs: 100,000 to 150,000
A solid transportation infrastructure and low labor costs make the Valley of the Sun a strong magnet for firms fleeing higher-cost California. The Greater Phoenix Economic Council notes that 30% of relocations in 2011 were from California. And a silver lining in the wake of the housing crash: inexpensive real estate.
Current unemployment rate: 6.6%
Job growth next five years: 8% to 10%
Number of new jobs: 100,000 to 150,000
A solid transportation infrastructure and low labor costs make the Valley of the Sun a strong magnet for firms fleeing higher-cost California. The Greater Phoenix Economic Council notes that 30% of relocations in 2011 were from California. And a silver lining in the wake of the housing crash: inexpensive real estate.
The city is an emerging player in the making and distribution of lower-end electronics: major employers include Motorola, Honeywell and Avnet, all of which are hiring. Other Fortune 500 firms looking for help are mining giant Freeport-McMoRan, US Airways and PetSmart.
Sunday, June 10, 2012
Importance of Credit Checks
Read the article and also the comments. It has alot of valuable information in it.
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