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Sunday, August 9, 2009

Chicagoland Multi Family Real Estate

By Craign Pietramale

Investors interested in earning above average rates of return on their money are turning increasingly to undervalued chicago multi family real estate for an answer to their investing challenges.

Many Chicago investors have money invested in low yield certificates of deposit or risky stock market investments and are not earning enough of a return to even keep up with inflation.

Many Chicago investors are now considering Chicago multi family real estate as a viable alternative to their CD and stock investments, or at least as a good component to include in their investment portfolios.

Real estate investments that would be considered Chicago multi family real estate comprise:

1. Apartment complexes

2. Side by side housing, duplexes, triplexes and moreplexes.

3. Condo projects

Due diligence is key when it comes to investing in Chicago multi family real estate, so before you jump in, be sure to check with a real estate investor experienced in buying and managing multi family properties. Brokers are also good resources to consult with.

When the due diligence is complete, all that's left is to work with the seller to agree on a price for the property and the terms of payment.

In Chicago, one great resource is Chicago Multi Family Real Estate. The site has extensive resources and information for anyone interested in getting involved with Chicago multi family real estate deals. - 23222

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