CAMPUS VISITING HOURS BY APPOINTMENT ONLY:

1st-18th each month AM times, M-F

19th-end of the month PM times, M-F

Visiting hours need to be scheduled in advance|

DAILY TEACHING & HOURS OF OPERATION: 9 AM - 9:45 PM, M - F

WE OFFER OVER

25+

PROGRAMS

WE HAVE SERVED

12000+

STUDENTS

VETERAN STAFF

40+ Years

INDUSTRY EXPERIENCE

PROUDLY PROVIDING

23+ Years

OF EDUCATION

CHECK OUT OUR MONTHLY SPECIALS

WHY DO WE STAND OUT ABOVE THE REST?

We are a fully licensed Real Estate School within Illinois, that offers quality, student-centered on-ground (live in person or live webinar), home-study, or online (computer-based reading) real estate classes for real estate brokers, managing brokers, post license and continuing education (CE) throughout the state of Illinois and nationwide online.

We also partner with affiliated schools that provide nationwide education for mortgage brokers and appraisers. In addition, our various affiliates can provide real estate education to assist you in securing licensing in additional states. All of the courses, whether directly through Inland Real Estate School or our affiliates are proven successful and are the best prep resources available to further your career aspirations.

There are a number of real estate school choices capable of helping you to start your new career, however your future is important enough that you’d should not leave the choice to chance. Select a proven provider of quality education and trust only the best real estate school in Illinois.

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You can expect:

Higher than average pass rate on the Illinois state licensed examination

Over 60+ years of combined staff experience providing education and training to the Illinois real estate market

Our school isn’t run by brokers or investors, our team possesses formal educational degrees plus practical real-life experience educating our students.

Our instructors respond to our student’s questions and inquiries in a timely manner and are available via the phone or email

Our updated flexible course options provide our students with the flexibility of selecting a program that meets their schedule and time availability.

Our programs are available through live classroom presentation, live webinar & home study formats.

Our passionate experienced, dedicated faculty has over 40 years of experience in residential and commercial real estate as a broker & managing broker

We have developed programs and effective methods of presentation that are proven to work

Available 1-on-1 tutoring should the student need additional assistance

Whether you are in Inland Real Estate School student or coming to us from another school, we provide real customer service, backed by the guidance you need to get through the program as well as the State exam

The best reading material available in the industry designed to help you understand the concepts to further enhance your understanding in preparation for the state exam

Having a school run and owned by 2 proven successful educators with actual market experience makes all the difference in your learning and passing the state exam; our results and referrals show it

WHY WE ARE DIFFERENT?

Welcome to Inland Real Estate School, Inc. When you invest in us, we will invest 110% in you!

As a new real estate broker, you will need to create your own identity. This will include determining what area you wish to specialize in. Part of that can include referencing your experiences from the school you attended.

Few schools have earned a reputation for supporting their students beyond the completion of their pre-licensing course and inland is the most credited Illinois real estate school when it comes to that stake. Inland Real Estate School has developed a reputation for supporting our students long after they’ve completed their education by providing consulting services focused on helping you develop your reputation and identity in order to enhance your future career.

Welcome to Inland Real Estate School, Inc. When you invest in us, we will invest 110% in you!

As a new real estate broker, you will need to create your own identity. This will include determining what area you wish to specialize in. Part of that can include referencing your experiences from the school you attended.

Few schools have earned a reputation for supporting their students beyond the completion of their pre-licensing course and inland is the most credited Illinois real estate school when it comes to that stake. Inland Real Estate School has developed a reputation for supporting our students long after they’ve completed their education by providing consulting services focused on helping you develop your reputation and identity in order to enhance your future career.

Read More

Our passionate experienced, dedicated faculty has over 40 years of experience in residential and commercial real estate as a broker & managing broker

We have developed programs and effective methods of presentation that are proven to work

Available 1-on-1 tutoring should the student need additional assistance

Whether you are in Inland Real Estate School student or coming to us from another school, we provide real customer service, backed by the guidance you need to get through the program as well as the State exam

The best reading material available in the industry designed to help you understand the concepts to further enhance your understanding in preparation for the state exam

Having a school run and owned by 2 proven successful educators with actual market experience makes all the difference in your learning and passing the state exam; our results and referrals show it

COURSE OFFERINGS

A BRIGHTER FUTURE AWAITS

Illinois Broker
Pre-License

75-HOUR PROGRAM
HOME STUDY

LIVE ONLINE

ILLINOIS MANAGING BROKER

PRE-LICENSE
PROGRAM HOME
HOME STUDY
LIVE ONLINE/CLASSROOM

Illinois Broker
Post License

30-HOUR PROGRAM HOME STUDY LIVE ONLINE/ CLASSROOM COMBINATION

TUTORING STUDY AIDES AND ADDITIONAL SERVICES

ONE ON ONE & GROUP EXAM PREPARATIONS IN-PERSON & WEBINAR

REAL ESTATE INVESTING COURSES

FUNDAMENTALS OF ANALYZING REAL ESTATE INVESTMENTS

COURSE OFFERINGS

A BRIGHTER FUTURE AWAITS

ILLINOIS BROKER PRE-LICENSE

75-HOUR PROGRAM

LIVE ONLINE

ILLINOIS MANAGING BROKER

PRE-LICENSE

45 HOUR PROGRAM

HOME STUDY

LIVEONLINE/CLASSROOM

ILLINOIS BROKER POST LICENSE

30-HOUR PROGRAM HOME STUDY OR

45 HOUR ONLINE/ CLASSROOM COMBINATION

TUTORING STUDY AIDES

ONE ON ONE & GROUP EXAM PREPARATIONS IN-PERSON & WEBINAR

REAL ESTATE INVESTING COURSES

FUNDAMENTALS OF ANALYZING REAL ESTATE INVESTMENTS

NATIONWIDE PRE-LICENSING & CONTINUING EDUCATION

INCREASE YOUR MARKETING EFFORTS, SECURE A LICENSE IN OTHER STATES ACROSS THE COUNTRY

NATIONWIDE MORTGAGE BROKER PRE-LICENSE

CONTINUING EDUCATION NMLS APPROVED VENDOR, MLO ONLINE WEBINARS

NATIONWIDE APPRAISAL & CE

ADD A NEW PHASE AND BECOME A PROFESSIONAL REAL ESTATE APPRAISER

LICENSE RECIPROCITY

ADD AN ADDITIONAL LICENSE TO EXPAND YOUR MARKETING WORLD

SCHOOL PARTNER PAGE FOR INLAND STUDENTS AND FRIENDS

NETWORKING CRITICAL ELEMENT TO BUILDING A SUCCESSFUL CAREER FIND A PROFESSIONAL PARTNER TO HELP FILL THE NEEDS OF YOUR CLIENT

ILLINOIS CONTINUING EDUCATION

12 & 24 HOUR

PROGRAM LIVE ONLINE/CLASSROOM, WEBINAR & HOMESTUDY

NEW BUSINESS SERVICES

START YOUR NEW BUSINESS WITH A LINKEDIN PROFILE, TWITTER, BUSINESS FACEBOOK

MORE COURSES COMING SOON

CHECK BACK OFTEN FOR NEW COURSE OFFERINGS HERE AT INLAND REAL ESTATE SCHOOL

WHAT TO EXPECT FROM OUR REAL ESTATE CLASSES?

  • 24/7 Online Course Access
  • Practice Online Exam Questions
  • Automated Reminders

  • Preparation to Pass the State Exam on First Attempt
  • Progressive Tracking Notification
  • Live Instructor Assistance

FLEXIBLE PAYMENT OPTION

You have options to choose from to pay your tuition

  • CREDIT CARD
  • CHECK
  • MANY CREDIT UNIONS OFFER LIFESTYLE LOANS THAT CAN BE USED FOR EDUCATIONAL PURPOSES
  • PAY WITH AFFIRM-OPPORTUNITY TO QUALIFY FOR 0% INTEREST AND/OR PAYMENT PLAN

  • CASH
  • PAYPAL
  • PAYPAL 6-MONTH NO INTEREST PAYMENT PLAN ONCE QUALIFIED
  • STRIPE

What clients say about us

''By far the best class I have taken. I tried to get my broker license before but gave up because I was not given much instruction not did I have anyone to ask questions to.''

~ Carol F.

''Dave is a very effective teacher! He Makes the information easier to remember with his stories and experience. He teaches at a a good pace and is very accommodating to his students!''

~ Krystle B.

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Real Estate Investment Strategies for Beginners in Illinois

November 29, 20235 min read

Introduction

Real estate investment in Illinois offers a landscape rich with opportunities, yet it can be daunting for beginners. This guide aims to demystify the process and provide you with the foundational knowledge needed to start your investment journey. Whether you're looking to build long-term wealth, generate passive income, or embark on a new career path, understanding the basics of real estate investment is crucial.

Real Estate Investment in Illinois:

The Illinois real estate market presents a unique set of opportunities and challenges for new investors. From the bustling cityscapes of Chicago to the quieter suburban and rural areas, the diversity in property types and market dynamics offers a range of investment possibilities. The state's economy, demographic trends, and employment landscape play significant roles in shaping the real estate market, making it essential for beginners to have a well-rounded understanding of these factors.

Target Audience:

This guide is tailored specifically for novices in the real estate investment world. If you're starting with little to no experience in real estate, this guide will walk you through the critical steps and considerations, helping you make informed decisions and set a strong foundation for your investment portfolio.

Residential neighborhood in Illinois at dawn, representing real estate opportunities.

Key Factors to Consider in Real Estate Investment in Illinois

1. Understanding the Illinois Real Estate Market:

  • Prime Location: Illinois, particularly Chicago, is strategically located within the heart of the United States. This prime location, coupled with access to major transportation hubs, makes it an attractive destination for real estate investment. Chicago's diverse neighborhoods, like Lincoln Park, Lakeview, and the West Loop, offer various lifestyles and amenities, driving demand for housing​​.

Chicago's skyline, showcasing urban real estate opportunities in Illinois.

2. Economic Stability and Job Growth:

  • Diverse Economy: Illinois boasts a diverse economy encompassing finance, manufacturing, technology, and agriculture. The presence of major corporations and the Chicago Stock Exchange contributes to the state's economic strength. However, investors should be mindful of Illinois’ fiscal policies and budget issues, as they can significantly influence the market​​.

Industrial and office buildings, symbolizing Illinois' robust economy.

3. Demographic Trends:

  • Urbanization and Millennial Influence: There is a noticeable trend of urbanization in Illinois, with people moving to metropolitan areas like Chicago. The influx of millennials into the housing market, who often seek affordable, urban housing close to amenities, is reshaping the real estate landscape. Investors should consider these demographic shifts when planning their investment strategies​​.

Urban neighborhood in Illinois, appealing to millennials.

4. Education and Quality of Life:

  • Educational Institutions and Lifestyle: Prestigious universities in Illinois create housing demand from students, faculty, and staff. Additionally, the quality of life, including parks, cultural attractions, and recreational opportunities, significantly impacts real estate demand. These factors make Illinois an attractive state for a variety of lifestyle preferences​​.

Park and educational institutions in Illinois, balancing lifestyle and learning.

5. Housing Market Trends:

  • Cyclical Fluctuations and COVID-19 Impact: The Illinois real estate market is subject to cyclical fluctuations. The pandemic brought shifts in housing preferences towards more space and remote work, increasing demand for suburban and rural properties. Understanding the supply and demand dynamics in specific neighborhoods is crucial for making informed investment decisions​​.

Suburban neighborhood in Illinois, reflecting remote-friendly living spaces.

6. Navigating Regulations:

  • Regulatory Environment: The real estate market in Illinois is shaped by a complex regulatory environment, including zoning laws, property taxes, and rent control policies. Recent changes in property taxes in Chicago, for example, have caused concerns among property owners. Staying informed about these regulations is vital for investors to adapt their strategies and provide accurate advice to clients​​.

Architectural blueprints and zoning maps, illustrating real estate regulations.

Investment Strategies for Beginners in Illinois Real Estate

For Sale' sign in front of a property, indicating real estate wholesaling.

1. Wholesaling:

  • Strategy Overview: Wholesaling involves identifying properties that are appealing to investors and signing a purchase agreement, which is then sold to an investor who completes the acquisition. This strategy doesn’t require the wholesaler to own the property but rather the contract itself​​.

  • Market Analysis: Key indicators like median home prices and population growth are crucial for identifying potential wholesaling opportunities. A city with declining property values may present opportunities for wholesaling, especially in short sales​​.

2. Key Metrics for Investment:

  • Median Age and Income Rates: The median age of a region’s population should align with the workforce age, indicating a steady housing market with a pool of renters and potential buyers. Additionally, consistent improvement in median household and per capita income is essential for ensuring the scalability of investments​​​​.

  • Job Creation and Unemployment: The number of new jobs created in a community is a vital indicator of its potential for long-term investment. Areas with consistent job creation attract both long-term and short-term investors​​.

  • Renovation Costs: For short-term investments like fix-and-flips, keeping renovation costs lower than the after-repair value is critical for profitability. Prioritize locations with lower average renovation costs to maximize returns​​.

3. Passive Investment Options:

  • Real Estate Syndications: This involves a group of investors pooling their resources to purchase properties. The syndicator manages the investment, while partners contribute capital and receive a share of the income. This is a passive investment strategy where investors don’t manage the property​​.

  • Real Estate Investment Trusts (REITs): REITs allow average investors to invest in a diversified portfolio of real estate assets. Shareholders in REITs are passive investors, with their investment spread across various properties owned by the trust​​.

Collage of diverse property types, representing investment diversification.

Conclusion

Encouraging Final Thoughts:

As you embark on your real estate investment journey in Illinois, remember that every successful investor started as a beginner. The Illinois real estate market, with its diverse opportunities and dynamic nature, offers a fertile ground for learning and growth. Whether you choose active strategies like wholesaling or prefer the more passive approach of REITs and syndications, the key is to start with a solid understanding of the market and grow from there.

Advice for Beginners:

Invest with caution and knowledge. Take the time to research, understand the market trends, and align your investment strategies with your financial goals. Join real estate investment groups and seminars to network and learn from experienced investors. With patience and perseverance, you can navigate the Illinois real estate market successfully and build a strong, profitable investment portfolio.

Sunrise over an Illinois neighborhood, symbolizing new beginnings in real estate investment.
Illinois real estateinvestment strategiesbeginner investorsproperty marketeconomic trendsdemographic insightsregulatory environmentpassive investmentreal estate opportunities
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I'm so glad I chose Inland! Dave McGowan is the best instructor I've ever had in my entire educational career. The amount of knowledge he has about real estate is unbelievable!


David Becker

Had a wonderful experience and Dave is always available to help and answer questions. Great instructor! We had a great class too!


Rebecca

TESTIMONIALS

What Our Student Have To Say

I really enjoyed my time at Inland, and i would recommend the school to anybody that i know looking for a school to study real estate license courses.


Fadilah Salim

Dave is a very effective teacher! He Makes the information easier to remember with his stories and experience. He teaches at a a good pace and is very accommodating to his students!


Krystle B.

By far the best class I have taken. I tried to get my broker license before but gave up because I was not given much instruction not did I have anyone to ask questions to.


Carol F.

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2901 Butterfield Rd, Oak Brook, IL 60523, USA

On-site classroom courses

2901 Butterfield Rd

Oak Brook IL 60523

Toll Free 877-990-8409

Campus Visiting Hours by appointment only:

1st-18th each month AM times, M-F

19th-end of the month PM times, M-F

Visiting hours need to be scheduled in advance

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[email protected],

to request a time above or limited AM and PM times available!

Daily Teaching & Hours of operation:

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