Mission Statement

Articles, links, ideas and everything to do with property management.

Tuesday, August 21, 2012

Home values rise for first time in five years.

The Home Tome

A blog about homes.

American Renters getting Squeezed

Rental Prices are dependent on each area.

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.

Benefits of Dividend-Paying Stocks

This is another way to get passive income. Like everything else, there are always risks. Who dares win.

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.

Thursday, June 28, 2012

Self directed IRA to buy real estate

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.

Medieval Village for Sale

On Sale for 2.5 million euros.

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.

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.

Entrepreneur Stories