Illinois REIA and I would like to personally wish everyone a Happy Independence Day! Here is a short refresher as to what it means - After almost one year at war the Declaration of Independence was finalized on July 4th 1776. The Continental Congress did not...
According to the Bill of Rights, Warrant-Less searches are illegal. The problem is that most cities and municipalities now consider themselves above the law. That’s right they see themselves as greater than the Bill of Rights. In the state of Illinois, cities with a populations over...
What's the Tax. A great Question. Lee Phillips article below offers some key insights. By Lee Phillips Every time you change a property's ownership, make a deal, or start a business, you need to ask, "What's the tax?" Real estate investors make huge mistakes when they transfer property into...
IL REIA is opposed to Legislation that would repeal or overturn the Rent Control Pre-Emption Act. If this law is repealed, it will allow local municipalities to establish rent control. Local municipalities can make bad decisions IL REIA is strongly opposed to House Bill 2430. It was...
The Asbestos Shingle Siding Dilemma is a major hurdle real estate investors face. Asbestos Shingle Siding is also called cement fiber siding. It may also ber referred to by the trade name Transite. Transite was one of the most commonly installed siding materials during the mid...