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 Welcome to MW Real Estate Solutions and Olivia Homes!

 

Welcome to Midwest Real Estate Solutions and Olivia Homes, where we are not your typical real estate company.  What makes us different is simple.  We are committed to helping you, and your family in a very timely manner.  We work with homeowners that may be up against strict timelines, and may need to sell their property quickly.

 

Best of all, there are no surprises, just sound advice and professional service, backed by our commitment to excellence.  On top of that you will receive personal attention at each step of the process.

 

The biggest mistake we see homeowners make is that they do not explore all of their options and simply run out of time due to pressure and stress.  Pick up the phone and call us immediately to set up an information only appointment.

 

Call Midwest Real Estate Solutions and Olivia Homes at 1-800-HOPE-DAY

 

Our Mission

To better lives and communities through real estate education and proven real estate solutions.

 


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Recent Posts

Refine Your Marketing Campaign

Posted by on Nov 28, 2016 in Blog | 0 comments

Refine Your Marketing Campaign

Your success will depend on fashioning a marketing campaign that creates leads and converts sales. It’s not so much how many leads you can find, but how many you can convert to customers that will make or break your business efforts. While many consider the cost of their marketing efforts, the real concern should be about the Return of Investment (ROI) that it generates. This means that you will need to refine your campaign over time to ensure that you are getting leads which easily convert to customers. Here are a few tips that will help you refine your marketing campaign so that you can get the best results. Be Specific This means that you need to know what to do and what you want to achieve before you start. You’ll need to do some research, go over your last marketing campaign to view the results, and create specific goals that you will want to meet. The goal is to find in the real estate marketing who want to sell properties best suited to your overall efforts. So, if your focus is on short sellers, then you’ll be looking for homeowners in distress. Remember, there is no perfect campaign, but you can make it as good as possible by focusing on a specific goal. Reflect Your Work Ethics Basically, you must create a campaign that works for you. While you should be encouraged to try new things when executing your campaign, it still must fit with your own attributes or else it will not work. For example, you may find that another investor has had success with their campaign. You might be able to emulate their efforts to a certain degree, but not 100% because you are a different person. The best way to approach this is start small, judge the results, and look at your comfort level with pursuing this strategy. Look at the ROI It all comes down to how much you are making off your marketing campaign that is the ultimate judge of its success. You will need to refine it from time to time, but you must look at how much success you are enjoying to know whether it is working. You may find that spending less yields better results in terms of getting the word out that draws in potential business. Social media for example is a very effective, low cost method to reach new prospects. You may also find that spending more in certain areas gets a better ROI. This means experimenting to find what works best for you. Provide Value The appeal of what you offer comes down to how it benefits the intended party. Whether you are solving a problem or providing a benefit that people need, the focus on your marketing efforts should be on adding value to the lives of your intended customers. By making value the focus, such as helping homeowners avoid foreclosure through a short sale for example, you are adding a more attractive element to your advertising. What will determine your success will be the persistence you have in sticking to your marketing campaign. While you will need to refine elements of it from time to time, being persistent enough to see it to the natural end is crucial for you to get the most ROI...

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Morning Routine to Improve Business Performance

Posted by on Nov 21, 2016 in Blog | 0 comments

Morning Routine to Improve Business Performance

How you start your morning will set the tone for the rest of your day. So, by adjusting your morning routine, you can get your day off to a much better start. This means that you will need to wake up earlier, have at least some of your day planned, and get started so that you can accomplish more with the time that you have gained. Here are four simple tips to help you create a proper morning routine that will make a big difference in your day. Go to Bed On-Time It may seem counter-productive at first, but working late nights and early mornings only succeeds is wearing you out quickly. You need to do more than just work hard, you need to work smart so that you get more done in less time. Staying up late means that you are negatively affecting the productivity for the next day’s work. So, instead of trying to push yourself night after night to get things done, set a reasonable time for leaving work and come back the next morning to finish it up. Wake Up Earlier To get more out of your morning routine, you must wake up at an earlier time so that you can get started the right way. You should consider waking up about ten to fifteen minutes earlier than normal so that you can get started sooner and get more accomplished. The old saying of the US Army is that they get more done by 9 am than many others do for the entire day rings true to a very large extent. You’ll want to extend that ten to fifteen minutes up to an hour. By starting earlier, you get a jump on what needs to be done and that momentum can carry you through your work day. Exercise It may seem a little counter-productive at first to wake up earlier only to spend 15 to 20 minutes exercising, but that will help get the blood flowing so that you can take on the day without wearing yourself out. You can walk for 20 minutes, ride a bike, do some high intensity interval training (HIIT), or hit the gym for a brief routine. Whatever works for you can help provide the boost needed so that you get started on the right foot. Plus, if you drink some water when you wake up, that will help loosen up the body and get you ready for your exercise. Create a To-Do List Right before you go to bed, create a quick to-do list so that you can get them done quickly to start off your day. Plus, you’ll want to jot down your goals so that they are accomplished before the end of your day. Be reasonable when listing your goals so that you are not pushing yourself too hard. However, you will want to get enough accomplished that it takes the day to get it done. So, make a quick outline of what is important and needs to be accomplished that day and set up a reasonable time frame. When you mark off each accomplishment, you may have even more time to get other things accomplished thanks in part to your morning routine.   Enter your email address below to join our newsletter which has real estate...

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Hiring the Right Contractor

Posted by on Nov 14, 2016 in Blog | 0 comments

Hiring the Right Contractor

When it comes to hiring the right contractor, it does take a little research on your part. But the time will be well worth it when you find a contractor that offers the best services for the right price. All you need to do is follow a simple checklist that will put you on the right path to finding the right contractor for your needs. Properly Licensed and Insured The first step is getting a list of local contractors who are properly licensed by the state. Any contractor who does not have a license is one you need to avoid as it may cost you dearly in the long run. In addition, you should only choose contractors who are insured. If they should cause an accident on your property, their insurance will cover the damages and medical expenses. However, if they are not insured you may be left holding the bill. Local Zoning Laws & Permits Hiring the right contractor means that they understand the local zoning laws and know what permits to get to work on your home. A lack of knowledge in this area means that the contractor is either inexperienced or unfit to do the work. In fact, it is a good idea to learn the local zoning ordinances to see if your project needs special permits or permission. Referrals, References, and Accomplishments Although many people start with a quote, you should look at the previous work of the contractor. This means getting referrals from previous customers so that you can see the work they have accomplished and learn more about how they accomplished the project. Most contractors have references and referrals so that you can ask questions about how the work was done, how long did it take, and if there were any issues along the way. Keep in mind that all referrals will be positive ones, so you may want to look up independent customer reviews as well. Quotes Once you have narrowed your list to two or three contractors, get quotes from the about the project you have in mind. Do not automatically choose the lower quote because there might be something in the other offers that makes it a better deal. After all, you are looking for the best quality at the most affordable price, so be sure to look over each quote carefully to see what is being offered. This will help you make the best-informed decision about which contractor to choose. Talk about Communicating with Each Other Hiring the right contractor means communicating with them effectively so that you know what it going on without seeming to micro-manage their working environment. Remember, you have hired the contractor based on their overall quality, so you should trust them to a certain extent when it comes to letting them do their job. An update every few days by phone or email is a good way to stay informed. Plus, you should be updated on the completion of major areas of the project as well. Long Term Relationship You should think about the long term when hiring a contractor, particularly when you have several projects you want accomplished over the next few years. The contractor you hire today may be with you for a while, so think about their quality of work and...

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Offices are Not Necessary for Success

Posted by on Nov 7, 2016 in Blog | 0 comments

Offices are Not Necessary for Success

Thanks primarily to the internet and the technical advances of computers and phone services, offices are not necessary for your success. This is especially true if you are working in real estate or another industry where being in contact, but not having an office is essential. Today, more people are working from home or on the road without an office and for good reasons. Lower Financial Commitment The benefits of not having an office start with not having to pay for the space, equipment, and furnishings an office needs. Leasing the right space is the most cost-consuming aspect of having an office and with yearly contracts that are sure to go up, it is an expense that you do not need. For real estate agents, an office is not necessary if you meet your clients at the location of the home. You are better off simply commuting from your home and if on occasion a meeting area is required, you can often rent one inexpensively. Be Flexible No office means that you can set your working hours per your schedule. Plus, you can go out on the porch if it is a nice day, spend some time on the road, or sit comfortably on the couch while getting your business accomplished. For those in real estate, an office is not necessary thanks to the connections you make on your phone, laptop, or computing device. Plus, you have less to worry about because you are not having to keep up the office. Go Anywhere There is something about being able to work from anywhere that makes not having an office a real boost to your happiness. You can work at home or on the road depending on where your business takes you. Plus, you have everything with you thanks to your smartphone, tablet, or laptop and cloud-based storage that handles your files. Plus, you can choose the time when you work from early morning to late at night. Balance Work and Home When free of an office you have a greater ability to set your schedule so that you can properly balance your work and home life. This means taking time off for the kids, going on a short trip, or simply doing more around the house. This is the type of balance that most people look forward to when working in an office, so eliminate that from the start and enjoy more freedom in your work. Greater Productivity For those who can set their own schedules, working without an office provides a great way to increase productivity. This means that you can start your work immediately without having to drive to the office. Plus, you can better schedule time to be by yourself to get things accomplished. It’s possible to get more things done in less time when you schedule your work outside an office environment. So, taking advantage of your freedom means having more time to do what you want, when you want. In the end, offices are not necessary to your success whether you are in finances, real estate, or another industry where having a phone or internet connection is essential. Enter your email address below to join our newsletter which has real estate insider tips and tricks Name * Email *...

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Things to Consider when Buying a Rental Property

Posted by on Oct 31, 2016 in Blog | 0 comments

Things to Consider when Buying a Rental Property

If you are considering buying a rental property, keep in mind that there is a lot more to the cost than the initial price. While you are earning money thanks to the tenants, you are also going to have plenty of expenses as well. So, here are a few things to consider when purchasing a rental property. Getting the Right Financing The goal is that you should be earning considerably more than you are paying in terms of financing the property. You should expect to put down at least 20% and preferably 30% to secure a mortgage. The more units that are a part of the rental property, the greater your down payment will be. Also, you will need a good credit score of at least 720 to ensure that lenders will accept you. Another requirement is that the funds needed for closing must be in your banking account for at least 60 days. Getting an Attorney The right attorney can make all the difference when closing on the sale. They often will save you the deal thanks to their skills in looking over the requirements. A proper attorney will go over the details, smooth out any issues, and inform you of what is expected so that you are properly prepared. Be sure that they have a good paralegal that can be reached at any time. Keep in mind that your attorney will also review the lease agreements for tenants so that it is tight and proper. How to Manage the Property It’s amazing how many people rush to purchase a rental property without fully understanding how they will manage it. There are basically three ways to manage a property; Manage it Yourself Hire a Property Manager Hire a Property Management Company There are positives and negatives to each approach and your choice will depend in large part on the money you have available to hire a manager or company as well as the time you can manage the property yourself. However, you should work out the details first before you make the purchase, otherwise you risk spending more time or money than you had planned with the property. Maintaining the Property You will also need to line up how you plan to properly maintain the property so that it retains its value. You can choose someone who is colloquially known as “handyman” or general maintenance technician who is good with small repairs and upgrades. You will also need to have pest control and landscaping services. The sooner you can arrange for these services, the better position you will be when buying a rental property. Insured Your property will need to be properly insured in case the worst should occur. The trick is striking the right balance of having the proper coverage at a monthly premium that is as low as possible. An insurance agent becomes invaluable if you have multiple properties because they can find the best insurance at the lowest rates for them all. Plus, the agent will do the work of finding what is right for your needs. Enter your email address below to join our newsletter which has real estate insider tips and tricks Name * Email *...

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Rental Property Maintenance

Posted by on Oct 24, 2016 in Blog | 0 comments

Rental Property Maintenance

When purchasing rental property, one of the more overlooked aspects is the amount paid for proper maintenance. Effective rental property maintenance is not just taking care of the real estate for the tenants, but also making it presentable to future renters. Therefore, it is so important to properly take care of the property so that it will keep attracting new tenants for a long time to come. Preventative Efforts The most cost-efficient ways to maintain your property are those that address areas before they become issues. This means the proper maintenance and service of the oil or propane tank, heating and air conditioning systems. Change out the filters and inspect them for any flaws or worn parts. The same goes for any appliances, stoves, refrigerators, washers and dryers, and dishwashers in the residences. You should do a regular inspection that will address any of these issues ahead of time so that repairs or replacements can be made. Landscaping The first impression that people have of your property is the landscape. So, you will need to address that that it is neat and presentable. This means mowing the lawn, trimming the bushes, and pulling up the weeds. Depending on the size of the property, you can do this yourself or hire a professional service that will do the work for you. Remember, it does not need to look pristine, but simply well maintained to have the right curb appeal. Cleaning New potential tenants will first look at the floors and ceiling of the property, so this means that they will need to be kept in good condition. You do not have to replace the carpet every few years if you steam clean it every couple of years. You may want to consider a professional cleaning company that comes in to fully clean a residence once the old tenants have moved out. You can do the work yourself and save money, but a professional cleaning service does not charge that much more and leaves you time to do other work. Painting Look over the walls and ceiling of the property and see if a fresh coat of paint would make an improvement. The advantages of repainting the area after a tenant leaves are invaluable because it creates the impression in the mind of potential new tenants that the property is new. Clean walls, floors, and ceilings creates a powerful impression that will help you get new tenants to sign quickly if they see you properly maintain the property. That’s where a fresh coat of paint can do wonders. The Little Things Matter It’s amazing how the little things matter when it comes to proper rental property maintenance. This means replacing a shower curtain, putting out a new welcome mat, or even just cleaning up the garage can make a powerful impression all for a little effort. In real estate, it just cost pennies to make the small improvements that will augment the larger maintenance work done on the property itself to make it more attractive. By taking care of the little things, you can make a big impression on those who are considering renting your property. Enter your email address below to join our newsletter which has real estate insider tips and tricks Name * Email *...

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New Real Estate Radio Show in Chicago

Posted by on Oct 17, 2016 in Blog | 0 comments

New Real Estate Radio Show in Chicago

Every Sunday at noon on AM 560, The Answer, is reserved for the show about making money in Real Estate.  It’s Real Estate Airwaves.  This show will give you the inside info. Exclusive information you won’t find anywhere else from Chicagoland experts that have made money in Real Estate for years. They’ve done the hard work, the trial and error..and they will help you make money in Real Estate. Make an appointment for Real Estate Airwaves..Sundays at noon..on AM 560 The Answer. This new real estate radio show is going to be focused on real estate investing, flipping, and advanced business strategies.  The very first show will be all about how to find real estate deals to flip without spending any money.  It will be an hour packed full with high quality and implementable content so tune into AM 560’s the Answer every Sunday from 12pm to 1pm.  This new real estate radio show is going to be hosted by Joshua Inglis who is a broker with United Real Estate and the owner of Midwest Real Estate Solutions which is one of the top real estate investment companies in the Chicagoland area.  Vincent Pace with Barnett Real Estate Investment Finance will also be a host who helps investors all across the United States fund their real estate deals.  Make an appointment for Real Estate Airwaves..Sundays at noon..on AM 560 The Answer.   Enter your email address below to join our newsletter which has real estate insider tips and tricks Name * Email *...

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Down Payment Tips

Posted by on Oct 10, 2016 in Blog | 0 comments

Down Payment Tips

The down payment is one of the most important parts of the process when it comes to purchasing a home. For first time home buyers, saving up enough for a down payment can be crucial when it comes to securing the loan that you want. Here are some down payment tips that will help you get through this process faster and easier so you can improve your chances of securing a loan. Know Where You Are Financially Everything starts with looking over your finances to see where you are and what you need to accomplish. You can start by making a plan to save up enough for a down payment which is generally 3-20% of the total cost of a home. Next, look over your own finances on a daily, weekly, and monthly basis to see where you are spending money so you can make the necessary adjustments. You might be surprised to find that you are overspending on items that otherwise cost a fraction of the amount. For example, brewing your own coffee instead of hitting the coffee shop can save you hundreds of dollars a year, if not more. Create a Savings Plan Now that you know where you are financially and where you want to be, create a plan that gets you there on a day by day basis. For most people, there are no shortcuts to saving, but you will be surprised at the amount you can put back over six months to a year’s time if you focus on your daily spending routine. It helps to talk to a loan officer now so you can find out how much money you need to save up and put aside.   The loan officer can also let you know the purchase price you will be eligible for if you save up a certain amount of money. Think Savings The easiest way to save is having the company you work for direct deposit a certain amount into your savings account. That way, it is never in your hands. Barring that, you should simply transfer the appropriate amount from your checking to your savings account each month. 10% to 20% is the goal each month so you can put back what you need. Grant Money In Illinois, they have something called an IHDA loan.  IHDA stands for Illinois Housing Development Authority but more importantly, IHDA is free money for first time home buyers!  Buyers can get up to $7500 in down payment assistance with this grant.  There are also other down payment assistance programs all across the United States, you just have to do a little digging.  Having a great loan officer, will help you utilize all grant money available.  You can learn more about IHDA by visiting https://www.ihda.org/my-home/buying-a-house/getting-an-ihda-loan/ Gift Money Many times when buying a home, you are allowed to be gifted money from relatives or friends.  You will want to speak to your loan officer for more information but this is another way to come up with money for your down payment.  One caveat to this is that it must truly be a gift, it cannot be a loan.  So someone has to really like you in order to give you a gift for your down payment that they will never get back. Other Sources of Income...

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Removing Stress When Selling Your Home

Posted by on Oct 3, 2016 in Blog | 0 comments

Removing Stress When Selling Your Home

Removing stress when selling your home is very important because many people consider it to be one of life’s most stressful events.  Selling a home is generally a long process that may have many ups and downs which compounds the stress. Here are a few tips that will help you reduce the amount of stress when selling your home Selling Takes Time No matter how great or desirable your home may be, selling it is going to take time. It generally takes time to prepare the home before you list because you will want to de-clutter the home, thoroughly clean the home, and perhaps even paint a couple rooms that may have exotic colors. You can significantly reduce your market time though by pricing the home correctly and by using an experience broker that markets the home aggressively with mailers, high quality photos, high definition video, and various websites. Click here to see an aggressive marketing plan. Use a Real Estate Agent Some people think that they can do a better job at selling their home than a real estate agent can. The reality is that the typical FSBO home sold for $210,000 compared to $249,000 for agent-assisted home sales in 2014 according to NAR. Scheduling showings can also be stressful because you should be prequalifying all potential buyers that want to see the home, again this is something that a real estate agent can do for you.  An agent will typically sell your home quicker, will eliminate work for you, will make sure you are using the correct documents, and will sell your home for more money which will reduce your stress significantly. Get Everything Ready One of the biggest stress factors is worrying about whether your home is ready to be sold. However, you can take a lot of this pressure away by making a checklist and completing each task before putting your home on the market. It all starts by cleaning up both the inside of your home and outside so that your front and back yards look neat. Once that is completed, make the home as comfortable as possible and remove all offensive odors such as from pets and the like. The better your home appears, the faster it should sell. It’s All About the Offer When it comes right down to it, selling your home is all about the evaluating the offer that is presented. You want an offer that provides you the best chance of selling your home with the fewest amount of issues and contingencies. This means looking at every extension that the buyer wants and considering if it’s really worth it. For example, if you accept an offer that is contingent on the buyer selling their overpriced home, it is probably not a good idea to accept that offer.  So, accept the offer that looks ready to go so that you can reduce your stress. Removing stress when selling your home will make it easier for you and your family to transition into your new home and may even be enjoyable if you hire the right broker. Enter your email address below to join our newsletter which has real estate insider tips and tricks Name * Email *...

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Questions to Ask Your Real Estate Broker

Posted by on Sep 26, 2016 in Blog | 0 comments

Questions to Ask Your Real Estate Broker

If you are looking to purchase a home or perhaps sell your home, finding the right real estate broker is crucial to your success. On average, buyers and sellers get better deals when they use the services of a reputable real estate broker or company. However, it does depend on who you choose as your broker that will help determine your success. Here are four questions to ask your real estate broker or one from a short list that you have narrowed down. The questions will help you find the right broker to fit your particular needs. How Well Are You Established in this Location? A large part of the real estate agent’s job is to know the area that they cover. In larger communities, it’s possible that travelling a few miles may make all the difference in getting the right agent for the home you are selling or interested in purchasing. The more a real estate broker is entrenched in a particular area, the better they should know the market. How Much Experience Do You Have? A simple question, but one that is important as longevity in the real estate business helps separate the good from the not-so-good. You’ll find that some have been spending all of their lives in the real estate business while others only do it part-time or have only recently joined the industry. Keep in mind that someone who has been there 20 years may not be better for your needs that someone who only has a few years of experience. However, if you are looking for a specific type of home, then you may be better off with a more experienced real estate agent. How Much Are Your Services? It’s tough to get around the commissions, but keep in mind that you get exactly what you pay for. Here, you should get an idea of how much brokers generally charge for their services and compare that to what this particular agent will earn. You’ll find that some are on the higher end of the scale, but as long as their price is not unreasonable and they have a stellar reputation, then it will be worth more than paying. However, you should also ask what you are getting for your money, how they will market your property, and why they are different than other agents. A broker that is charging a larger commission should have an aggressive marketing plan (click here to see what an aggressive marketing plan looks like). If you are buying a home, it is free to use a broker since the seller typically pays the buyers broker commission. Can I Call You Anytime? One of the most important questions to ask your real estate broker is how much contact that you will have with them. This is because one of the most frequent complaints is that buyers or sellers have less contact with the agent than they like. So, you will need to ask how the agent will update you about their progress.  If you see that a real estate agent is bothered by sending you texts or emails every few days, it’s time to go somewhere else. Contact information questions to ask your real estate broker include by what means you can contact them as well. Enter your email...

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