Do you know the numbers? - 04/23/09 01:22 PM
A good friend once told me there are two types of investors. Those that trust what people are telling them and make decisions off their knowledge and advice, and those that learn about what they are investing in and do the research themselves. I have found that while most people start out as the first type of investor. The serious investors usually are a mix of the two types. They have trusted advisors, yet they also do some of their own research.
So I thought I would post some interesting information for you to view. The Housing Supply Outlook from … (0 comments)

Making Your Home Affordable - 2 Programs you may not know about - 04/17/09 10:24 AM
It has been a frustrating time for home owners. There is no doubt about it. I have listened to a lot of home owners who purchased their home with an arm loan thinking they would refinance in a couple of years and leverage some of the equity that was built up over that time period. However, with the foreclosures in their neighborhood or lower comparable sales prices, they have been unable to refinance. The sad part is that the banks would not even talk to them because they were not behind on their payments.
Well there are two new programs … (7 comments)

Is Real Estate a good investment? Lets look at the numbers... - 04/15/09 12:12 PM
In talking with another real estate expert, he gave me the following figures:
Real Estate has beat inflation by 33% over the last 30 years.
Real Estate appreciates about 6% a year (avg over the last 30 years), and theCPI (Consumer Price Index) goes up about 4.7% (avg over the last 30 years).
The one thing that real estate brings to the table is LEVERAGE. To make sure you understand the power of leverage lets do a couple of examples.
For example, if you have a home that you purchase for a price of $150,000 and you put $30,000 down. Taking … (0 comments)

Need investment property in central Illinois with cap rate of 8% or better... - 04/14/09 08:58 AM
I have an investor looking to put together a portfolio of commercial property totalling $4 million with an 8% cap rate or better.
They are interested in the following areas:  Peoria, Bloomington, Springfield, and Champaign.
Please forward me any listings you may have or know of (info referral will be given if property is purchased).  We are looking to put together some portfolio options asap. 
Thank you
… (0 comments)

 

Katie Arnholt Kim

Peoria, IL

More about me…

The Kim Group ~ Commercial Real Estate Team for Peoria, IL

Address: 2426 W. Cornerstone, Peoria, il, 61614

Office Phone: (309) 208-2898

Cell Phone: (309) 208-2898

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commercial real estate, investment opportunities, and industry updates in Peoria, IL and some random fun facts as well.


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