Wednesday, June 26, 2013

Take it From the Jeffersons: Move on Up!


Take it From the Jeffersons: Move on Up!

Guest post by Marc Rasmussen – LuxurySarasotaRealEstate.com


As one of America’s largest metropolises, Chicago has grown from wearing the title of Al Capone’s stomping grounds to being regarded as a mecca of cultural and industrial significance. From world-famous restaurants and landmarks to sports teams as coveted and worshipped as treasures in the Federal Reserve, Chicago has a mystique and charm all its own. In the world of real estate, many Chicagoans argue the city has no equal; from breathtaking panoramic lake views and residencies within walking distance from the beach to a cornucopia of dining and retail options nearly at front door disposal, it’s Chicago’s waterfront condo market that’s been heating up the most in this sector.

Taking a look at some of the more popular waterfront high rise properties that call Chicago home, many folks moving to the Windy City – or moving within it – have been gravitating to communities such as Streeterville, where “the ultimate in luxury lakefront living” becomes a reality, as well as Lake Shore Drive, where unobstructed views of Lake Michigan couple with jaw-dropping vistas of Navy Pier and amenities such as custom-built marble baths, spectacular wood flooring and granite kitchens…all of which have become what real estate agents have dubbed “hallmarks of a modern Chicago condo.” Two-bedroom units on East Walton Drive have also become very popular as of late, boasting not only awe-inspiring views, of course, but a premium location that situates the residences just half a block from the lake.

Most waterfront high-rise real estate gems sprinkled throughout the Chicago metro area all share some common magnetic elements including sweeping views of the lake and beach – from both the windows of the home and adjacent balconies in some condos – up to three bedrooms to accommodate a growing family or for frequently visiting guests, large master suites with his and her marble bathrooms and open living areas encompassing dramatic high ceilings, limestone flooring and crown molding. To this end, many real estate experts have dubbed these types of accommodations “paradise in the heart of the Midwest.”

When it comes to the most exclusive high-rise condos in the city, Lake Shore Drive is always at the top of the roster. A plethora of elegantly modern and classically historic Lake Shore Drive condos are available to rent or buy, seemingly only limited by one’s imagination and passions. Amidst the more popular of the residencies here are Lake Point Tower at 505 North Lake Shore Drive, one of the most famous landmarks in Chicago; 474 North Lake Shore Drive Condominium, boasting three layouts to choose from – Shoreline Homes, Skyline Homes and Penthouse Homes – and offering what agents call “unsurpassed comfort and convenience” and530 North Lake Shore Drive Condominium, a high-rise property with 195 individual units in a multitude of floor plans overlooking Navy Pier. 




Marc Rasmussen | Broker/Owner of DWELL Real Estate | c 941.812.6272 |marc@dwellsarasota.com | LuxurySarasotaRealEstate.com



HGTV.. Best-Kept Secrets for Buying a Home!

HGTV..10 Best-Kept Secrets for Buying a Home



Get the most out of your money with these handy home-buying tips.
Buying Secret #10: Keep Your Money Where It Is
It’s not wise to make any huge purchases or move your money around three to six months before buying a new home. You don’t want to take any big chances with your credit profile. Lenders need to see that you’re reliable and they want a complete paper trail so that they can get you the best loan possible. If you open new credit cards, amass too much debt or buy a lot of big-ticket items, you’re going to have a hard time getting a loan.
Buying Secret #9: Get Pre-Approved for Your Home Loan
There’s a big difference between a buyer being pre-qualified and a buyer who has a pre-approved mortgage. Anybody can get pre-qualified for a loan. Getting pre-approved means a lender has looked at all of your financial information and they’ve let you know how much you can afford and how much they will lend you. Being pre-approved will save you a lot of time and energy so you are not running around looking at houses you can't afford. It also gives you the opportunity to shop around for the best deal and the best interest rates. Do your research: Learn about junk fees, processing fees or points and make sure there aren’t any hidden costs in the loan.
Buying Secret #8: Avoid a Border Dispute
It’s absolutely essential to get a survey done on your property so you know exactly what you’re buying. Knowing precisely where your property lines are may save you from a potential dispute with your neighbors. Also, your property tax is likely based on how much property you have, so it is best to have an accurate map drawn up.
Buying Secret # 7: Don’t Try to Time the Market
Don’t obsess with trying to time the market and figure out when is the best time to buy. Trying to anticipate the housing market is impossible. The best time to buy is when you find your perfect house and you can afford it. Real estate is cyclical, it goes up and it goes down and it goes back up again. So, if you try to wait for the perfect time, you’re probably going to miss out.
Buying Secret # 6: Bigger Isn’t Always Better
Everyone’s drawn to the biggest, most beautiful house on the block. But bigger is usually not better when it comes to houses. There’s an old adage in real estate that says don’t buy the biggest, best house on the block. The largest house only appeals to a very small audience and you never want to limit potential buyers when you go to re-sell. Your home is only going to go up in value as much as the other houses around you. If you pay $500,000 for a home and your neighbors pay $250,000 to $300,000, your appreciation is going to be limited. Sometimes it is best to is buy the worst house on the block, because the worst house per square foot always trades for more than the biggest house.
Buying Secret #5: Avoid Sleeper Costs
The difference between renting and home ownership is the sleeper costs. Most people just focus on their mortgage payment, but they also need to be aware of the other expenses such as property taxes, utilities and homeowner-association dues. New homeowners also need to be prepared to pay for repairs, maintenance and potential property-tax increases. Make sure you budget for sleeper costs so you’ll be covered and won’t risk losing your house.
Buying Secret #4: You’re Buying a House – Not Dating It
Buying a house based on emotions is just going to break your heart. If you fall in love with something, you might end up making some pretty bad financial decisions. There’s a big difference between your emotions and your instincts. Going with your instincts means that you recognize that you’re getting a great house for a good value. Going with your emotions is being obsessed with the paint color or the backyard. It’s an investment, so stay calm and be wise.
Buying Secret #3: Give Your House a Physical
Would you buy a car without checking under the hood? Of course you wouldn’t. Hire a home inspector. It’ll cost about $200 but could end up saving you thousands. A home inspector’s sole responsibility is to provide you with information so that you can make a decision as to whether or not to buy. It’s really the only way to get an unbiased third-party opinion. If the inspector does find any issues with the home, you can use it as a bargaining tool for lowering the price of the home. It’s better to spend the money up front on an inspector than to find out later you have to spend a fortune.
Buying Secret #2: The Secret Science of Bidding
Your opening bid should be based on two things: what you can afford (because you don’t want to outbid yourself), and what you really believe the property is worth. Make your opening bid something that’s fair and reasonable and isn’t going to totally offend the seller. A lot of people think they should go lower the first time they make a bid. It all depends on what the market is doing at the time. You need to look at what other homes have gone for in that neighborhood and you want to get an average price per square foot. Sizing up a house on a price-per-square-foot basis is a great equalizer. Also, see if the neighbors have plans to put up a new addition or a basketball court or tennis court, something that might detract from the property’s value down the road.
Today, so many sellers are behind in their property taxes and if you have that valuable information it gives you a great card to negotiate a good deal. To find out, go to the county clerk’s office.
Sellers respect a bid that is an oddball number and are more likely to take it more seriously. A nice round number sounds like every other bid out there. When you get more specific the sellers will think you've given the offer careful thought.
Buying Secret #1: Stalk the Neighborhood
Before you buy, get the lay of the land – drop by morning noon and night. Many homebuyers have become completely distraught because they thought they found the perfect home, only to find out the neighborhood wasn’t for them. Drive by the house at all hours of the day to see what’s happening in the neighborhood. Do your regular commute from the house to make sure it is something you can deal with on a daily basis. Find out how far it is to the nearest grocery store and other services. Even if you don’t have kids, research the schools because it affects the value of your home in a very big way. If you buy a house in a good school district versus bad school district even in the same town, the value can be affected as much as 20 percent.






Ron Goldstein, MBA
Principal
Silver Professionals, LLC.
Certified Luxury and Eco-Broker@Prudential Rubloff..chicagoluxuryrealty.com
Check out my blogs@silverprofessionals.blogspot.com and carpediemrealestate.blogspot.com
ron@silverprofessionals.com

(o)312-264-5846 (c)312-771-7190 (f)312-264-5746

Offices in Chicago and St. Petersburg
Carpe Diem..Jobs & Homes..Base of our Economy!

Find us on:
Silver ProfessionalsSilver ProfessionalsRonGoldstein





















Original article..http://www.hgtv.com/real-estate/10-best-kept-secrets-for-buying-a-home/page-2.html


Friday, June 21, 2013

Investor alert! Price adj. on fully leased 27 units 9.4 cap..


Bridgeport Investment..9.4 cap.27 units..Just when you think inventory has been depleted.. 

Excellent Turn-Key Investment! Just collect rent-fully occupied 27 brick units w/remodeled units & windows-W/D in many units. Tenant pays utilities. Great for 1031 Exchange! Walking distance to the Cell & UIC.

New Asking price for all 3.. $2,199,975.. 9.4 cap(based on actual NOI)
EMAIL rgoldstein@rubloff.com for more info or private showing 

Carpe Diem..Check it out!
 3247 S. May- 5 units  3225 S. May- 12 units and 3157 S. Racine- 10 units
750k of assumable debt
Now priced@2,199,975. True 9.4 cap based on actual #s








Ron Goldstein, MBA
Principal
Silver Professionals, LLC.
Certified Luxury and Eco-Broker@Prudential Rubloff..chicagoluxuryrealty.com
Check out my blogs@silverprofessionals.blogspot.com and carpediemrealestate.blogspot.com

Offices in Chicago and St. Petersburg
Carpe Diem..Jobs & Homes..Base of our Economy!

Find us on:






Wednesday, June 19, 2013

Chicago to North Shore Luxury Homes Closed this Sizzlin' Summer!

Chicago to North Shore Luxury Homes Closed this Sizzlin' Summer!




 

Chicago to North Shore
Luxury Homes Closed this Sizzlin' Summer!


2130 N Seminary Ave..$3,022,500
3830 N Wayne Ave..$3,100,000
66 E Cedar St..$3,100,000
1935 N Burling..$3,150,000
32 Indian Hill Rd , Winnetka..$3,175,000 
1255 W Draper St..$3,200,000
 
 2726 N Mildred St...$3,250,000
67 Beach Rd , Glencoe..$3,300,000
56 E Bellevue Pl..$3,525,000
155 Harbor Ave , Glencoe..$3,600,000
433 Webster..$3,787,500
2550 N. Lakeview..$3,795,000
542 W. Dickens.$4,200,000


34 Bridlewood Rd , Northbrook..$4,250,000
1872 N Howe St....$4,373,242
311 Sheridan Rd., Kenilworth..$4,650,000

60 E. Monroe..$4,950,000
1500 N. Lake Shore..$5,000,000
2550 Lakeview $5,144,850
21 E. Huron..$6,500,000
319 Sheridan Rd., Winnetka..$12,700,000







Ron Goldstein, MBA
Principal
Silver Professionals, LLC.
Certified Luxury and Eco-Broker@Prudential Rubloff..chicagoluxuryrealty.com
Check out my blogs@silverprofessionals.blogspot.com and carpediemrealestate.blogspot.com
ron@silverprofessionals.com


(o)312-264-5846 (c)312-771-7190 (f)312-264-5746

Offices in Chicago and St. Petersburg
Carpe Diem..Jobs & Homes..Base of our Economy!

Find us on:
Silver ProfessionalsSilver ProfessionalsRonGoldstein

















**data compliments of MRED **

Tuesday, June 18, 2013

Jobs & Homes..Base of our Economy! Top 10 careers for 2013+

Jobs & Homes..Base of our Economy! Top 10 careers for 2013+




Home ownership expands personal liberty, builds communities, and helps Americans create wealth. “The American Dream” is not a stale slogan. It is the lived reality that expresses the aspirations of all our people. It means a decent place to live, a safe place to raise kids, a welcoming place to retire. It bespeaks the quiet pride of those who work hard to shelter their family and, in the process, create caring neighborhoods. Home ownership is best fostered by a growing economy with low interest rates, as well as prudent regulation, financial education, and targeted assistance to responsible borrowers.
The S&P Case-Shiller index, which tracks the 20 largest markets in the nation, showed the biggest year-over-year gain in prices since June 2006.
"This marks the highest increase since the housing bubble burst," said David Blitzer, chairman of the index committee at S&P Dow Jones Indices.

"The market still has a long way to go nationally, but the healing process -- and a return to a normalized housing market -- is definitely well underway," said Jim Baird, chief investment officer for Plante Moran Financial Advisors.
Home prices have been helped in recent months by a number of factors, including tight inventory of homes available for sale, near record-low mortgage rates and a drop in homes in foreclosure. A decline in unemployment is also helping the housing recovery.
The housing recovery itself is helping support overall economic growth, as builders scramble to hire workers to meet the renewed demand. The lift goes beyond the impact of increased construction on the economy, as the rise in home prices lifts household wealth.
Rising home prices also reduce the number of people owing more on their mortgages than their homes are worth. That, in turn, can help them to refinance those loans at a lower rate, freeing up money to spend on other goods and services



Carpe Diem... Today is your day!
My motto in life and business. As an exclusive senior broker representing buyers, sellers, investors, developers and financial institutions, I am dedicated to providing high quality service in the Chicago suburbs and city as well as exposure on a global level for your property. I possess an intimate knowledge of the local market and specialize in residential and commercial properties of distinction.
I am a certified Eco-Broker and offer an educational based approach to my clients by delivering information on green products, services and market issues. I will educate them on energy, environmental, financial and green market issues.
Practicing the art of uniting extraordinary properties with extraordinary lives, I am ready to devote my attention to your particular real estate needs. I have the TRC designation which affords me the opportunity to conduct and facilitate transactions on an international level.
Over the last 15 years, I have professionally sold in the real estate, banking, legal and corporate environments throughout the Chicago metropolitan area. Utilizing the latest in marketing strategies, information technologies and business acumen, I welcome the opportunity to be a thought leader and trusted advisor throughout your real estate acquisition and disposition process.
I understand that real estate, regardless of its price range, reflects the incalculable value of the life lived within.
Chicagoluxuryrealty.com
rgoldstein@rubloff.com




TOP 10 HOT CAREERS for 2013+
1. Information technology. When career site Indeed.com recently analyzed millions of job postings on its web site, researchers found that the fastest-growing category of keywords — including HTML5, Android, mobile app, and social media — were in IT, and a new survey by tech job site Dice.com bears that out: About 65% of hiring managers said they hope to add tech staff in the first half of 2012. Roughly a quarter of those (27%) said they want to expand their IT headcount by more than 20%.
Openings for software developers who specialize in applications will rise by more than one-third (34%) by 2018, says Best Jobs for the 21st Century, a new book by job market analyst Laurence Shatkin, while companies will hire 20% more computer systems analysts. Rising pay in these fields reflects the surge in demand: The Bureau of Labor Statistics says that developers of systems software, for instance, earn an average of $94,180 per year.
2. Health care professionals. Partly due to the aging of the U.S. population, health care has been hot for a while now, and the trend shows no sign of slowing. Shatkin's research says the U.S. will need 103,900 more registered nurses every year (average salary: $64,690) well into the next decade, along with 7,860 new physical therapists per annum (average pay: $76,310). Demand for dental hygienists is up too, with a projected 36.1% growth in job openings between now and 2018 (average pay: $68,250).

3. Health care management and support staff. Don't have the training or experience to work directly with patients? No worries. "People often overlook the fact that businesspeople run health care companies," says Justin Hirsch, president of recruiting firm JobPlex. "With all the change happening in the system now, there is churn as well as growth. We're constantly seeing new openings in general management, finance, marketing, human resources, you name it."
4. Engineers. Note to college students who want their pick of job offers when they graduate: Consider majoring in engineering. A whopping 88% of employers in a new poll by the Society for Human Resource Management bemoaned the difficulty of finding enough engineers to hire. Civil engineers are in demand too: Shatkin's analysis of BLS data shows a 24.3% spike ahead in jobs for people who design roads, bridges, and other infrastructure projects (average annual pay: $77,560).
5. Industrial skills. Think U.S. manufacturing is moribund? Think again. More than two-thirds (68%) of employers in the SHRM survey pointed to a shortage of qualified new hires to replace people retiring from the skilled trades: electricians, carpenters, welders. Moreover, says Justin Hirsch, "We're seeing an increase in industrial hiring in logistics, supply-chain management, and plant management." As more companies go global, demand for expertise in logistics -- the art and science of moving stuff efficiently from one place to another -- will continue to heat up.

6. Life sciences and biotech. Medical innovators ranging in size from Big Pharma down to biotech startups are on a hiring binge: Shatkin sees a 40% jump in job openings for research scientists between now and 2018 (average salary: $76,700). As with health care companies in general, these employers will also need managers and support staff (see No. 3).
7. Salespeople. Selling has historically been the closest thing there is to a recession-proof career, and this economic downturn is no exception. Since they're the ones bringing the dough in the door, salespeople are often the first to be hired and last to get laid off. Almost three-quarters (72%) of employers in the SHRM survey said they can't get enough salespeople now.
8. Accounting and finance. Demand for accountants and finance mavens (particularly forensic accountants and compliance specialists) has been climbing steadily for the past several years, and U.S. colleges are still not turning out enough grads in these fields to fill the available openings. The SHRM survey found that more than half (54%) of employers would hire more accountants and finance experts if they could find them.
9. Discount retailers. "Not to mention any specific company names -- everyone knows who they are, anyway -- but the big national discount store companies have flourished during this recession," notes Justin Hirsch. "And most of them are hiring managers as well as in-store personnel."
10. Private equity firms. Recruiters report that private equity firms are actively seeking management talent for their portfolio companies "across all industries and all functional areas," says Hirsch. "They're poaching already-employed, seasoned managers from big companies -- people who can step into either a turnaround situation or a pre-IPO company and make it work. These are challenging jobs, and could be a real feather in a manager's cap if he or she can bring it off successfully."




Silver Professionals..Employment power and opportunities for dependable and loyal professional job seekers. Employers..We have a reliable and repeatable process in the hiring of candidates from our pool of professional talent. We offer a flat fee schedule of permanent PT/FT (975/4995) employment and several business service offerings to make your human resource capital as efficient as possible. We offer a comprehensive background/interview check, leveraging behavioral questioning to facilitate mutual success. We have recruiting available with our global reach .90 day guarantees..amazing talent from Interim Surgical RN,LPN,Physician Assistant, outside/inside sales/biz dev. gurus..Enterprise IT architects.IOS/Android/Mobile developers..nurses/nurse practitioners.bookkeepers..CEO to COO, CFO, CIO, audit CPAs,Dir of HR, Dir of Manufctg, CRM, ERP and EHR implementers/thought leaders/developers, research scientist, hematologist/oncologist, Concierge Dr… Come check out our 900+ talent available..
Check out our latest Jobs for Spring..
http://www.ziprecruiter.com/jobs/Silver-Professionals/fa93d0ad

For your hiring needs and to REINVIGORATE YOUR ROI!... email ron@silverprofessionals.com
Our deepest satisfaction comes from finding other companies to embrace our professional salespeople, scientists,health care, manufacturing, energy/green, legal, tax , financial, HR, IT professionals and veterans and help them put to work  some of the greatest minds, while increasing their ROI.

Thursday, June 13, 2013

Standard of living..Carpe Diem

Standard of Living..



Photo: Carpe Diem..If standard of living is your major objective, quality of life almost never improves, but if quality of life is your number one objective, your standard of living almost always improves.Carpe Diem..If standard of living is your major objective, quality of life almost never improves, but if quality of life is your number one objective, your standard of living almost always improves.

Thursday, June 6, 2013

Investor alert..Major price adj. on 27 unit multifamily. 9.4 cap based on actual #s. Carpe diem.. Better than the stock mkt!


Bridgeport Investment..9.374 cap.27 units..Just when you think inventory has been depleted..
Carpe Diem..Check it out!
3225 s may, 3247 s. may and 3157 s. Racine 
750k of assumable debt
Priced right@$2,199,975

Front View Front ViewFront View



 Kitchen / Dining Room Bedroom 



Bridgeport rent rolls and offering package

3247 S. May Tenant breakdown.3-2br/1ba,1-4br/2ba,1-1br/1ba
Income $4070 monthly $48840 annual

Expenses..Owner pd. Uti1ities.$2000(2012 actual)

Insurance$2000 RE taxes $7200

Net Operating Income $37,640

5 flat can be deconverted back to 6 flat. All tenant heated. Washer/Dryer(Coin opp) Updated  in last 5 years. New windows, new roof

3225 S. May Tenant breakdown 9- 2br/lba,1-lbr/1ba,1-studio,1-3br/1ba

Income $9520 monthly $114,240 annual

Expenses..Owner pd. Utilities $5500(2012 actual)

Insurance $5000 RE taxes $9700

Net Operating Income $94,040

12 units. New roof. New windows. Renovated in last 5 years. Tenant heated

3157 S. Racine Tenant breakdown 2-2bd/1ba,7-1bd/1ba, 1 penthouse(3br/1ba..just finished)

Income $8197 monthly $98,364 annual

Expenses..Owner pd. Utilities $7500(2012 actual)

Insurance $6200 RE taxes $10110

Net Operating Income $74,554

10 units.Newly renovated in last 4 years. (Windows and units) 4 units have Washer/dryer..2 coin opp. Most units are Tenant heated

Actual Gross Income for all 3 buildings.$261,444  
Actual Net operating income for all 3.$206,234

Taxes.27,010 1nsurance..13,200 Utilities. . .15,000

****New Asking price for all 3.. $2,199,975 or 9.374 cap(based on actual NOI)***
EMAIL rgoldstein@rubloff.com for more info or private showing 





Ron Goldstein, MBA
Principal
Silver Professionals, LLC.
Certified Luxury and Eco-Broker@Prudential Rubloff..chicagoluxuryrealty.com
Check out my blogs@silverprofessionals.blogspot.com and carpediemrealestate.blogspot.com
ron@silverprofessionals.com

Offices in Chicago and St. Petersburg
Carpe Diem..Jobs & Homes..Base of our Economy!

Find us on:
Silver ProfessionalsSilver ProfessionalsRonGoldstein