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Renting A South Loop Condo; To Take Advantage of The Buyer's Market
Renting A South Loop Condo; To Take Advantage of the Buyer's Market is a great plan B for those of you who would like to move in to a new property and take advantage of the low pricing; but can't sell their current condo.  This is the way many investors begin their portfolio; leasing a condo can be a fairly simple process.  When you buy to hold; real estate is the single best investment you can make.  More money has been made in real estate than any other investment.  Over time, property values ALWAYS go up.  The key is to make sure you take ample time to find the right tenant; i can't stress this enough.  You must take the time to find a tenant who will:
1.) Properly maintain your condo
2.) Pay rent on time (remember if they don't pay; you're still responsible for the mortgage)
The alternative is a lengthy eviction process that can take forever; in the meantime your stuck with the bill -- literally, including:
1.)  Your mortgage
2.)  Your Assesments
3.)  Taxes
4.)  Attorney, county, and city fees for the eviction process
5.)  Whatever repairs are necessary when you evict the tenant
With that being said, here's ... more

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