Creating Wealth Real Estate Investing With Jason Hartman

CW 556 - Real Estate Absorption Rate, Cash Flow Investing in Chicago

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Jeff, a client, has questions regarding recent investments in Chicago. Research has led him to question local school rankings, foreclosures and exit rates of the area. A Chicago local market specialist addresses all three items and adds some facts and figures regarding this world class city, such as 42% of the people in Chicago are renters. Plus, the young mobile class will be attracted to Chicago for its affordable living and international recognition.    Getting 30% off of JHU Live is as easy as sending us a screenshot of your review on iTunes.  And don’t forget to sign up for next Venture Alliance in Newport Rhode Island during September to see mansions and fall foliage.    Key Takeaways: [2:14] Absorption rates - understanding the statistics [4:35] Comparing La Hoya, CA to the Chicago, IL housing market in cost per square foot [7:09] Invest in assembled commodities they are far less volatile  [9:50] The median sales price and the median list price are telling numbers about the area  [11:59] Chicago averag