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Arlington Heights, Mount Prospect and Des Plaines Information:

  • About Arlington Heights - Moving to Arlington Heights, Illinois? Get info here...

  • About Mount Prospect - Moving to Mount Prospect, Illinois? Get info here...

  • About Des Plaines - Moving to Des Plaines, Illinois? Get info here...

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  • About Hoffman Estates - Moving to Hoffman Estates, Illinois? Get info here...

  • School Reports - Reports for Arlington Heights, Mount Prospect and Des Plaines schools kindergarten, elementary, and high schools.

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Real Estate Tips
Investment Real Estate >Renting Your Home

Homeowners who don't need the equity from their home to purchase a new home may consider renting it instead of selling. Rental property is almost always a good investment, but you should understand the consequences of becoming a landlord.

Tenants may not share your pride of ownership and, therefore, may not maintain the property like you would. If you plan to rent your property, acquaint yourself with state or local landlord/tenant laws, including those dealing with rent control and eviction procedures. If the home you rent has been your primary residence, you could lose the benefits of a capital gains deferral when you sell it later. Get professional advice from a tax expert and a professional real estate agent before you decide to turn your home into rental property.

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Real Estate Trivia
Q 
What Newport, Rhode Island mansion was built as a birthday present and incorporates 500,000 cubic feet of white marble?

A 
The Vanderbilt Marble House was constructed by railroad baron William K. Vanderbilt for his wife Alva, who later divorced him, remarried and moved into a mansion down the street.
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John Campobasso, REALTORŪ, real estate agent and broker for Arlington Heights, Mount Prospect and Des Plaines, Illinois home listings, property and land for sale

John Campobasso
Keller Williams Team Realty

800 E Northwest Hwy
Palatine, IL 60074
888-221-7653
Fax: 847-241-2225
info@kwnwonline.com


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