Category: Uncategorized
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It Usually Gets Worse Before it Gets Better!!
In early 2021, I received a call from an out-of-state owner looking for property management services. He had a multifamily building in Chicago that was in terrible shape—both physically and operationally. The situation was dire: the property was falling apart, tenants had been grandfathered in from the previous owner without leases, and in some cases,… Read more
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Shift your focus from the economy of the market to the economy of the deal
Are You Hesitant to Invest Because of the Economy? Many new investors hold back, fearing that today’s economy isn’t ideal for real estate investing. The fear of losing money in an uncertain market is real—but waiting for the “perfect” economy can keep you on the sidelines for years, even decades. The truth? The economy matters… Read more
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The Prize of Persistence: A Real Estate Success Story
They say, “The journey of a thousand miles begins with a single step.” But what if that first step is uncertain, risky, or met with rejection? The answer lies in persistence and the unwavering belief that success is built over time. In early 2020, I received a call from an investor inquiring about a 30-unit… Read more
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The Power of Taking Chances on People: A Story of Working with Ben
As a general contractor, I pride myself on being a “COMMUNICATION FIRST” professional. For me, effective communication is not just about clarity—it’s about responsibility. It ensures that all parties involved in a project are aligned, expectations are clear, and commitments are honored. In my experience, a contractor who fails at communication and accountability is a… Read more
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Start with Identifying the Underlying Risks and Work Your Way Up to Profit.
Starting an investment journey can be an exciting and rewarding experience, but it’s important to understand the risks involved before making any decisions. Identifying and managing the underlying risks is crucial for long-term success in investing. The first step in identifying the underlying risk is to understand the different types of investment risks. Some common… Read more
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The Effect of High Interest Rate on Chicago’s Multifamily and Commercial Markets
The interest rate hike has been a major topic in the financial world recently, with many experts speculating on its impact on the economy. One area that has been affected by this development is the real estate market, specifically the cap rate. A cap rate, also known as capitalization rate, is the ratio of the… Read more
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It’s Always Easy to Connect the Dots Looking Backward but Not So Easy Looking Forward!
The housing market is a complex landscape. One of the most challenging aspects of understanding the market is trying to predict where it’s headed. While it’s easy to connect the dots looking backward and see how the market has evolved over time, it’s much more difficult to connect the dots looking forward and anticipate where… Read more
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Welcome to My Blog!
Welcome to my blog! My name is Kaveh Jafarabadi. I am an investor focused real estate broker and the managing broker of Broker Hill LLC in Chicago, IL. If you’re a real estate investor or a property owner, you’ve come to the right place. I’m excited to share my insights and knowledge on the subject… Read more