Chicago Real Estate Investing

Donald Trump and countless other moguls built their empires on real estate, and, lately, a lot of people have realized the wisdom behind real estate investments. Chicago real estate investing is a formidable, yet very feasible, business. Chicago is a booming city that is economically sound with prime real estate everywhere. Owning a piece of land at the right location is like owning a gold mine: In just a few years, its value may jump to double the amount you started with in the first place.

But as with any business venture, jumping on the real estate investing bandwagon should be more than just a split-second decision. You must be well prepared before you commit to this daunting task.

First, you have to study Chicago real estate investing. Ask significant questions:

Where is the ideal location?

How is the market doing?

How much start-up capital should I have?

What are the different aspects of real estate investing should I be familiar with?

What type of property do I want to deal in?

When you have the answers to all these questions, then you can start thinking of Chicago real estate investment as a possibility.

When you start your business make sure you cover the important facets of promoting your Chicago real estate investment. Know the importance of advertising and how beneficial it can be for your business. You need to constantly let people know what is out there by advertising your property. There's no such thing as too much advertising-it's the lack of it that can hurt you.

You must also have reliable real estate agents handling your Chicago real estate investing business. If you surround yourself with hardworking and smart people, chances are you'll be in it for the long haul.

Sitting at the negotiation table can be intimidating, but you must realize that you're in this to win. Start your bargains at the lowest possible price: not too low, as this could be insulting for the seller, but low enough so that you'll have a lot of room for haggling.

Be pro-active. Be on the watch for the smallest movements in the market and make sure you are ready to pounce when prime real estate is suddenly brought to the market.

Chicago real estate investing can be a lot of hard work but it can also be very rewarding in the end.

Following In The Footsteps of Giants

This week, a beloved figure in Toronto, a business mogul, philanthropist, and a forward thinker who changed the landscape of retail business, the urban core, and the entertainment and culture in Canada's largest city, died at the age of 92.

Ed Mirvish leaves a legacy that is the footstep of a giant. A legacy we can all be proud of because Mr. Mirvish not only achieved great success and prosperity, innovated positive change, infused Toronto with economic, social and cultural vitality; he also retained that powerful spark of humility, humanity, and a love for his fellow man that is clearly the footstep of a giant.

Maybe it is time for those of us who have achieved the prosperity that creates financial freedom, and those who have not, to ask ourselves what kind of foot print we want to leave behind.
The footprint of a giant is not measured by the size of his bank account, nor by the trophies, awards or material accoutrements of success. The footprint of a giant is measured by his or her ability to leave a legacy that continues to touch the hearts and minds of others.

A legacy that speaks of servant leadership, a legacy that reflects the ability to make a positive difference in the world in which we live, and in the lives of the people we lead, love and serve. Building the footprint of a giant is the work of a life time, it cannot be built solely upon our unprecedented access to knowledge, information, technology, or the skills and competencies we have developed. The footprint of a giant is born of the faith, hope, courage, humility and relentless moral strength and timeless values that create the passionate purpose, desire and ability to make a positive different in the lives of others.

Faith gives one the spiritual power that guides our best thoughts and actions. Hope allows us to embrace gratitude and to build resiliency. Courage gives us the ability to live in alignment with our highest values. Humility allows us to realize that life is a gift, and that minimizing the human dignity or potential of another human being does not give us power, rather it makes us powerless to realize the true purpose of our creed.

In a world of increasing chaos, discord, violence and upheaval it is the men and women from the C suite to the warehouse, from the most revered professions to the humblest of occupations who can decide that they want to make their foot print, the foot print of a giant, or to support the giants among us. Both are equally important, both are critical.

We cannot all become the change we seek, but we can be inspired and motivated by the footprints of giants like Ed Mirvish. We can be inspired to help build and sustain the footprints of the visible and less visible giants whose faith, courage, hope, humility, leadership can help us embrace an evolution of self that will take us past what is, so that we can create what can be in our lives, our communities, our workplaces, our society and our world.

Boston Estate Planning Is Very Important

Boston estate planning is very important as it helps the testators or the owners' wealth and assets be distributed well among its beneficiaries. There are various benefits attached to estate planning. Contrary to popular belief that this sort of planning will benefit only those affluent, this sort of planning benefits everyone and it doesn't depend on the size of your wealth. Estate planning offers substantial benefits to your spouse and kids long after you are gone. One of the largest benefits of planning is a reduced estate tax. This benefit reduces the value on an estate thereby reducing the tax against it.

The goal of a Boston estate planning service will be to make sure that all the testators or the owners financial wishes are met upon their death rather than decided by a court. An attorney will help plan the estate through several legal entities. These include trusts, wills, power of attorney, health care and many more. This is an important part of the process because it helps the beneficiaries of the will to attain the assets rather than the estate going into probate and awaiting the judgment of the court. To begin planning, finding an attorney who is an expert in this is a must.

The first step involved in Boston estate planning is getting all the related documents in order. An estate might have several parties attached to it. It's important to have the information related to bank accounts, insurance plans, inventory lists to household items and debts in order before meeting the lawyer. In case there are any more documents required the lawyer will ask for it. There is no limit to the information that needs to be provided to the lawyer. The more the information, the more it will help the lawyer plan better. However there are a couple of aspects that a testator or the owner must know before hiring a service.

Some Boston estate planning services can charge a huge sum of money. It's better to find out the cost of the estate planning before opting for it. Reducing tax on the estate is important. This is the information which only your Boston will lawyer can provide. This is to make sure that there is no issue with transferring your assets to your beneficiaries after your death. The will lawyer can also provide important information on how often the will needs to be updated. Once you have all this information you can ask your lawyer to begin planning your estate.

References and recommendations are the best way to find a Boston trust lawyer. The impact of planning your estate is more psychological rather than financial. The fact that your family is well cared for long after you are gone will bring you peace of mind. Lawyers help with planning depending on the priorities of the testator. Different types of planning has different charges and some can be expensive than the other; but it's worth it. Estate planning is better than the estate going into probate and the court deciding on the distribution of the wealth.