Why You Should Invest In A Rental Property

Investing in real estate can be a great alternative to traditional investments and many owners choose to rent out their property. Here are some of the top benefits for getting into this line of business!

Increase over time. Money being put towards real estate investments has increased substantially over the past few years. This is due to an influx in demand of rental properties and an increase in rental rates. These continue to trend upwards, meaning your property’s value will continue to increase as well.

Security. Unlike investing in stocks, your investment growth is a lot steadier with a very minimal chance that you can lose it all overnight. Generally, experts can predict when the market will start to dip in advance, and you can adjust accordingly.

Create passive income. Investing in a rental property (or four!) can make you money while you sleep and the rent you collect can cover or exceed your mortgage payment and other expenses, allowing you to bring in extra cash flow.

Tax breaks. As a real estate investor, you can take advantage of several tax exemptions. Rental income is not subject to self-employment tax and government provides tax breaks on insurance, repairs, legal fees, and property taxes.

Inflation. Although normally a bad thing, people who own rental properties actually benefit from inflation because, as the cost of living increases, so does your income.

Flexibility to sell. Renting out a home allows the homeowner the opportunity to be selective about when and if they sell while the home is still appreciating. Once the market is in the right place and the lease is up, they can pull the trigger.

THIS WEEKEND IN CHICAGO – Ready or Not Here Come the Holidays!

The holidays are approaching rather quickly; however, with the rise in COVID-19 cases, many of our favorite holiday events have been canceled. But that doesn’t mean we can’t still celebrate! So, ready or not, here come the holidays!!

The annual South Side Pie Challenge hosted by the Hyde Park Neighborhood Club is taking this year’s event to the streets with Pie It Forward through November 30. Registrants will bake two pies then deliver to a friend or neighbor who will then rate the pies by logging onto the website as well as registering to bake two pies themselves to “pie it forward!” An interactive online Pie Map will keep track of all pies baked and where they were delivered. Participants are also encouraged to email (southsidepie@gmail.com) photos of their pies to be shared on social media and the Pie Map. Plus, your registration fee will support local food pantries during their time of need! And bakers of all ages are welcomed!!

The Revolution Craft Show sets-up shop this weekend at 1345 W. 19th Street in the Pilsen neighborhood for some early, socially distanced holiday shopping. This year, the show is part craft show and part gift shop featuring the same great handmade items from local Chicago artists such as BrandySparks Studio, Chicago Maple, and Golden Sapphire, but in a semi-private shopping experience. Reservations will be limited to 10 every 30 minutes; however, you’re allowed to book as many reservations as you want. Also, no more than 15 guests are allowed in the building at any given time, and high-touch surfaces will be sanitized regularly. Reservations are $5 each and will cover the cost of PPE for staff. Reserve your spot today and happy shopping!

The One of a Kind Holiday Show has brought together over 300 artists and makers on one virtual platform through December 6. This show features a variety of work so you can shop for thoughtful and unique holiday gifts, discover new works, and even experience studio tours and demonstrations all online! Best of all, shoppers will be supporting small businesses impacted by COVID-19!!

Many Christmas events are starting early this year (before Thanksgiving), so everyone will have an opportunity to attend them since organizers are required to follow state guidelines in response to COVID-19. Two such events are:

Enter a world of color and sound, bask in a glowing moment of calm, surround yourself in sparkling lights, dazzle your senses, and make new holiday family memories at Lightscape through January 3, 2021. The Chicago Botanic Garden (1000 Lake Cook Rd.) in Glencoe hosts this annual display of festive lights set along a one-mile path for an after-dark experience you’ll never forget. Installations to explore include a 110-foot tunnel constructed of 100,000 lights, a group of trees decked out in bulbs singing holiday songs, and others! New procedures this year include limited capacity per time slot, a one-way trail with a separate entrance and exit, and the entire event is outdoors.

This past Thursday, the Long Grove Vintage Holidays kicked-off their holiday season in Long Grove’s historic downtown. Local businesses will be open late every weekend through December 20 so their guests can have fun shopping, sipping, and/or dining. Participating businesses will also have specials, discounts, giveaways, and more planned for those who attend. You can also be entered to win prizes donated by merchants throughout the night by registering in advance or at the event! It’s time to start planning your holiday fun!! Check back next week for more details.

Sue Moss and Dean’s Team Chicago

Chicago Neighborhood News: Logan Square, Virtual, Loop, River North

Logan Square: Video game fans will want to head over to Chicago Gamespace, located at 2418 West Bloomingdale Avenue in Logan Square, for the Cyberpunk 2077 exhibit. Every Sunday from 1 to 5 pm, visitors can check out the unique conceptual artwork created for the hit video game, Cyberpunk 2077, developed by Poland-based CD Projekt Red. Be sure to make a reservation ahead of time for this free event that runs now until Sunday, December 20th. Find more info here

Virtual: If your musical tastes lean towards the avant-garde, The Quarantine Concerts series, presented by Experimental Sound Studios, has you covered with live streams of acts ranging from experimental jazz to electronic soundscapes and anything else that is way left of center. Friday, November 13th, features Kioto Aoki & the Reduction Trio. On the 14th, you can listen to live performances by Sunik Kim, Wendy Eisenberg, and Still House Plants. The concerts all stream on Twitch, and a $10 donation is suggested. You can also check out archived performances on the Experimental Sounds Studio website. Find more info here.

Loop: With the weather getting colder, it’s that time of year once again to break out the skates and head to the Loop for ice skating at Maggie Daley Park. Located at 337 East Randolph Street, visitors can hit the ice amidst the backdrop of beautiful downtown Chicago while showing off their moves (or hanging on for dear life) atop the frozen landscape. This year will be different due to COVID-19, so make sure you make the required reservations to skate the rink. This ensures that social distancing is upheld. The best part? No lines and no crowds! As expected, masks are required. Admission is $5 if you bring your own skates and $16 if you need to rent. Find more info here.

Virtual: The 37th Annual Chicago International Children’s Film Festival kicks off on Friday, November 13th and runs until Sunday, the 22nd. This virtual presentation is only one of two Oscar-qualifying children’s film festivals. With 19 features films and 81 short films spanning the globe, there is something for every kid (and adult) to enjoy and learn new things. The movies are organized by age and grade range. Passes are $15 for a single ticket, $50 to watch any four films throughout the festival, and $250 to watch all the films until the festival ends. Find more info here.

River North: Beginning November 12th, Art on the Mart returns to Chicago, just in time for the holiday season. The world’s largest digital art projection brings unique and breathtaking displays that will adorn the 25-story face of the Merchandise Mart, located at 222 Merchandise Mart Plaza. Incredible moving images from The Joffrey Ballet’s The Nutcracker and the Art Institute’s “Monet and Chicago” and “Bisa Butler: Portraits” exhibits will be featured during the 30-minute shows, accompanied by classical music. A new feature entitled “City Circle Heart” will display incredible images created by five artists with physical and intellectual disabilities. The 34 digital projectors will present these moving projections every night at 7 and 7:30 pm from the 12th until December 30th. You can also catch the sights from home on Art on the MART’S Facebook page. Find more info here.

ERIC KAPLAN AND DEAN’ TEAM CHICAGO

Restaurant Review: Sugargoat

Sometimes nothing is sweeter than some much needed TLC for our taste buds, especially with all that Chicagoans are going through due to the pandemic. With so much lousy news coming at us from all directions as of late, we can all use some time to indulge in some decadent and savory desserts that can transport us to a world of sugary heaven…if only for a brief moment.

If you’re ready to put away the Twinkies and Snickers and get serious about your sweet tooth, head over to Sugargoat, located at 820 West Randolph in the West Loop. The newest culinary offering from award-winning chef Stephanie Izard is strictly for those searching for something wickedly self-indulgent. In other words, dessert is served.

The menu at this recently opened sweet shop would make Willy Wonka rethink his occupational choice. There is something for every taste bud in dire need of a kick in the indulgence department at Sugargoat, and if they don’t have what you crave, they’ll make it. 

If cupcakes are your thing, you’ve come to the right place. Sugargoat provides an onslaught of unique creations that can please even the most discerning confectionary connoisseur. The All the Chocolate Cupcake is just that with chocolate cake, chocolate sauce, chocolate buttercream, and chocolate crumble. The same goes for the Caramel Corn Cupcake featuring caramel corn cake, caramel buttercream, caramel swirl, and caramel corn pieces. If that’s not over the top enough for you, try out the Cheez-it Cupcake, which combines Cheez-it cake, cheddar caramel, strawberry Nesquik buttercream, cheddar caramel buttercream, and peanut butter Cheez-it crunch. Cupcakes cost $3.75 apiece, or you can grab for $15 or a dozen for $45.

Whether you have a birthday celebration coming up or just want to spend some quality time alone, the cakes at Sugargoat are perfect for any occasion. The Avocado Toast Cake is something to behold with a sourdough foundation featuring tomatillo caramel, tomato caramel buttercream, avocado buttercream, and a crumbly sourdough crust topping. A six-inch version of this cake can feed four to eight and costs $40 with additional sizes available. The previously mentioned cupcake flavors are available as cakes as well. Other cake options include their Tie-Dye Cake highlighted by natural and organic dyes and the Pancake Cake that tastes like, well, you can figure that one out. 

If Chips Ahoy isn’t doing it for you anymore, check out the Chocolate Crinkle Cookie with its layer of icing and gooey chocolate center. Oatmeal has its time to shine with the Oatmeal Pickled Raisin Cookie, and the Spiced Pecan Brown-Butter Cookie mixes spicy and sweet to an astonishing degree. These items cost $3.50 for each cookie, or you can bundle them into a dozen minis for $15 or a dozen full cookies for $30.

Pints of ice cream are available at Sugargoat for $9 a pop. With flavors like Coffee & Caramel Swirl, Mint Stracciatella, and Sweet Soy Sesame Ice Cream, among many others, those pints of Haagen Dazs will be relegated to the back of the freezer. 

Sugargoat has something for everyone when that craving for dessert hits. And as we know, needing a burst of sugar can happen at any time. Good thing they are open from 7 am to 7 pm every day. So put away the Halloween candy and treat yourself to something truly delicious at Sugargoat today.

ERIC KAPLAN AND DEAN’S TEAM CHICAGO

Kathy’s Home & Garden Tips – Cool Weather Recipes

The winds are starting to howl as the fall heads into winter. There will be a few warm days here and there, but cold weather is coming. The old-fashioned crockpot is an easy way to make a warm tummy-filling meal with minimum fuss and usually only a few ingredients. Even the most novice cooks can put together a great meal. For those of us back to work or if you have worked all this year outside the home, it is a great way to come home to a hot cooked meal. The following are three easy recipes with beef, pork, and chicken.

This beef stew is super easy. Brown two pounds of stew meat in vegetable oil over medium-high heat till well browned. Add this to the crockpot along with two bay leaves, small red potatoes, about a pound, and three carrots cut in one-inch pieces. Mix together 14oz low sodium beef broth, ¼ cup BBQ sauce, one tablespoon soy sauce, and ¼ teaspoon of red pepper flakes. Pour over all and cook on low for six-eight hours. Remove meat and veggies, keep warm—strain juices and discard solids along with the bay leaves. Bring juices to a boil; add one and a half teaspoon cornstarch mixed with another tablespoon soy sauce. Simmer till thickened. Return meat, veggies, and gravy to crockpot and cook till warmed through. Serve with crusty bread.

Country-style ribs are made for the crockpot. Place four-five pounds in the bottom of the crockpot. Add two 14-ounce bottles of your favorite BBQ sauce. You can mix flavors for variety. Rinse out each bottle with one-tablespoon vinegar and add to the pot. Add one chopped onion, two cloves minced garlic, one-teaspoon black pepper, and red pepper flakes. Cook on low six-eight hours. Serve with buttered noodles.

Chicken is another crockpot staple. Coat chicken strips with combined taco seasoning and flour. Add to vegetable sprayed crockpot. Cover with sliced red and green bell peppers along with one cup of frozen corn. Cover with one and a half cups of your favorite chunky salsa. Choose your heat preference. Like more heat? Add a chopped jalapeno. Cook on low for six hours. Serve over rice—top with grated Mexican blend cheese, sliced green onions, and chopped cilantro.

Do you have any crockpot recipes you would like to share?

KATHLEEN WEAVER-ZECH AND DEAN’S TEAM CHICAGO

Dealing With Scratched Hardwood Floors

Hardwood floors are highly desirable for most homeowners, but they come with their share of challenges when it comes to cleaning, maintenance, and repairs. After a few months or years of heavy use from kids playing with toys and chairs being shuffled around, it may be time for some DIY fixes.

Hiding scratches: If you’ve got a good eye for matching colors, you can actually use crayons or markers or purchase wax sticks from the hardware store to fill-in scratches. Try to match the stain color on your floors, but don’t worry if it’s a little off. If the color is close, once the scratch is filled, it’ll look like a variation in the wood grain.

Polishing floors: You can make a polish solution for your floors from household ingredients. Mix olive oil and vinegar in equal parts, pour it directly into scratches, and then wipe it off after 24 hours. It may take several applications, but this homemade polish will fill and cover most scratches.

Clever decor: It’s not a long-term solution, but sometimes the most painless way to fix scratches in your floors is to cover them with a rug or furniture arrangement.

Spot sanding: For deeper scratches, you’ll need to spot sand with fine steel wool or sandpaper, use wood filler, and stain and seal the repaired area.

THIS WEEKEND IN CHICAGO – Welcoming November and Its Local Events!

Now that our “special” Halloween is behind us, it’s time to begin planning for our “special” Thanksgiving. But before we do that, let’s welcome in November with its autumn local events and enjoy the mild weather it’s bringing with it this weekend!

Don’t let your Halloween pumpkins rot in a landfill. Bring your jack-o-lanterns to the annual Pumpkin Smash this Saturday (9 a.m.-12 p.m.) to be composted (nature’s method of recycling). There are 20 SCARCE locations statewide to either smash your pumpkins yourself or just drop them off to be smashed by them. To find your nearest location, just click here. Also, any pumpkin decorations such as candles, stickers, yarn, or other decorations need to be removed prior to drop-off. However, those painted with acrylic paint are acceptable. I heard it’s going to be a smashing good time!!

Help support local businesses through these difficult times by attending Share Your Harvest: An Outdoor Fall Marketplace held Thursdays through Sundays from November 5 to November 22 at Recess (838 W. Kinzie St.) in the West Loop neighborhood. This is an open-air, walk-through market featuring local Chicago vendors, such as Uncooked, Sisterly Cakes, Sky Lyte Candles, and others, as well as fun fall activities, such as a s’mores station, turkey bowling, bobbing for apples using claws, and more! Attendees are required to purchase tickets in advance. Each ticket allows entrance to the market and activities for a 1-hour block of time. All guests are required to wear a face mask for the duration of their visit unless seated at a table, which also needs to be reserved and cannot have more than six people.

The Andersonville Farmers Market has been extended for four additional Sundays, November 1, 8, 15, and 22, from 1:30 p.m. to 3:30 p.m. on Catalpa Avenue between Clark Street and Ashland Avenue. This extension will have no onsite sales but rather be pre-orders only beginning Mondays at 12 p.m. and ending Fridays at 11 p.m. for Sunday pickup. There will be no curbside pickup, either. To place an order, shoppers just need to go to the WhatsGood app or online. And, in order to offer customers fresh, local food, everything sold is grown or produced within a 200-mile radius. Be sure to check out the website link above for participating November vendors!

Actors play dozens of characters in a 90-minute live virtual audio experience of a new adaptation of H.G. Wells’ War of the Worlds on Tuesdays through Saturdays (8 p.m.) and Sundays (7 p.m.) through November 21. While this adaptation follows Wells’ story of a Martian invasion, it moves the action to present-day Chicago and has been critically acclaimed for its elaborate, innovative, and viscerally compelling storytelling! And, all tickets are pay what you can!! Will you be finding out if life on Earth is doomed?

If you’re looking for something new to watch on TV, here are some great New Shows and Movies streaming this month for families: The Mighty Ones (Hulu, November 9), Trash Truck (Netflix, November 10), Jingle Jangle: A Christmas Journey (Netflix, November 13), I Am Greta (Hulu, November 13), Lego Star Wars Holiday Special (Disney+, November 17), The Wonderful World of Mickey Mouse (Disney+, November 18), Animaniacs (2020) (Hulu, November 20) and The Christmas Chronicles: Part 2 (Netflix, November 25).

Our Chicago Bears (5-3-0) will be heading to Tennessee to take on the Titans (5-2-0) at Nissan Stadium this Sunday at 12:00 p.m. Watch it on FOX. COME ON BEARS – LET’S GET A WIN!!

Sue Moss and Dean’s Team Chicago

Chicago Neighborhood News: Rogers Park, Logan Square, West Loop, Edgewater, Loop

Rogers Park: As we make our way into tighter COVID-19 restrictions yet again, reminders of what we don’t have access to at the moment is almost all-consuming. Take a break from the worry and head over to the Lifeline Theater website for amazing virtual shows and podcasts that bring the joys of live theater to life online. This month starting on the 12th, Lifeline presents Jane Austen’s Pride & Prejudice: A Virtual Play adapted by Christina Calvit and directed by Dorothy Milne. Twenty dollars is the suggested donation to watch this excellent performance taped by members located throughout the country. You can view this online version Thursdays through Sundays from the 12th to the 29th of November. Find more info here.

Logan Square: Tight restaurant restrictions are an unfortunate reality these days. However, you can still grab a drink with friends in a heated cabana at Pilot Project Brewing in Logan Square. Located at 2140 North Milwaukee Avenue, the brewery has installed four heated cabanas that can seat 80 people in a socially distanced environment. Each cabana features socially distanced tables, electric heating, and open exposure on 50% of the walls to ensure increased ventilation. Reservation for two tables seating up to eight people for two hours costs $10. Find more info here.

West Loop: Starting Thursday, the 5th of November, and running each week indefinitely from Thursday to Saturday from 1 pm to 9 pm, head over to the Cobra Lounge in the West Loop for Chicago Craft: A Collective Grip Pop Up Shop. This partnership between Cobra Lounge and Jeppson’s Malört features local vendors selling their goods and a wide array of beer, including selections from All Rise Brewing, On Tour, and Half Acre. You can also grab cocktails to go created by local guest bartenders. Cobra Lounge is located at 235 North Ashland Avenue. Be sure to check ahead of time for any changes due to COVID-19 restrictions. Find more info here.

Edgewater: When’s the last time you were able to attend a literary event? This Veteran’s Day, November 11th, join author Cyndee Schaffer for a virtual discussion of her book Mollie’s War, which details her mother’s time serving as a member of the Women’s Army Corps (WAC) during WWII. Presented by Edgewater Village Chicago, Friends of the Edgewater Library, and the Edgewater Branch Library, this free Zoom event starts at 1 pm on the 11th. Find more info here.

Loop: The inaugural edition of Intersect Chicago, the 2020 virtual version of SOFA (sculpture, objects, and functional art), kicks off Friday, November 6th, and runs until Thursday, November 12th. The online fair presents over 100 exhibitors’ works, with each day representing a different art form ranging from glass arts and design to contemporary arts and sculpture. Institutions from all over the world will be featured as well as discussions relating to these unique art forms. Find more info here.

Given the current COVID-19 restrictions in Chicago, be sure to check ahead of time to ensure that all events are still happening.

ERIC KAPLAN AND DEAN’S TEAM CHICAGO

Restaurant Review: Ever

Chicago is home to some of the best food in the world. That isn’t news. However, the cost of a memorable meal is often a deal breaker when it comes to some of the city’s upscale dining experiences. Starting today, you can order takeout from one of the critically acclaimed and expensive restaurants in the West Loop at prices that will make your jaw drop.

Ever, located at 1340 West Fulton Street, offers a to-go menu priced at $55 per person. While not as inexpensive as your local pizza delivery, this is a chance to taste the cuisine of award-winning chef Curtis Duffy. Given that a regular meal at Ever runs about $285 per person, this takeout deal is a steal, letting you enjoy a world-class menu that provides a much-needed break from the standard delivery options many of us Chicagoans have been living off of for months due to the pandemic. 

So what is on the to-go menu at Ever? Chef Duffy created a splendid plate highlighted by his delicious braised beef short ribs. Accompaniment comes in the form of chilled barley salad with dried cherries and fennel, caramelized maitake mushrooms, roasted baby potatoes with smoked paprika, pretzel baguette with house-made butter, and triple chocolate trifle. This excellently curated meal will give your taste buds a much-needed wake-up call thanks to the fantastic blend of flavors from one of the city’s top chefs. 

According to the description, the meal also comes with a surprise or two, which will undoubtedly be an irresistible addition to an already stellar spread. At a price tag of $55, you would be hard pressed to find a more decadent plate to enjoy in the comfort of your home. Each order does require reheating at home, so you can always say that you just whipped it up if you’re looking to impress (be careful, though, as your dinner guests will line up at your door for weeks demanding more.)

You can further enhance this to-go meal with a bottle of red or white wine personally selected by Wine Director and Ever owner Michael Muser. A bottle of red runs $65, and white will cost $45. And if you feel so inclined, there is Ever merchandise you can add to your order in the form of t-shirts, hoodies, and baseball caps. 

With indoor dining temporarily closed across the state due to COVID-19, finding great food gets a bit tricky. Even before the shutdown, price point was often an issue for many to experience some of Chicago’s finest dining. With Ever To Go, this is an ideal time to partake in top-notch cuisine at an affordable cost compared to what one would usually spend for such a feast.

Ever hopes to continue their to-go service for the next few months as we all try to navigate this new normal we currently are experiencing. In the meantime, head over to Tock to reserve your to-go order. You can pick up your order daily from 4 pm to 8 pm. 

ERIC KAPLAN AND DEAN’S TEAM CHICAGO

Kathy’s Home & Garden Tips – Change Your Evenings for a Better Tomorrow

When you structure your day, you will get your best work done. With morning and evening routines, your brain is better able to handle the various challenges each day brings. Many people have good morning rituals, but adding evening ones will really lead to a productive, happy, and successful life. Many of us get home, eat dinner, and veg out on the couch, often ending up falling asleep there. You then head to bed, staring at your email on your phone till you fall asleep and usually get inadequate sleep and wake tired. 

Plan in the evening for the next day. Many of us set out our clothes for the morning, along with workout gear and tomorrow’s paperwork. But go further. Write down what you want to accomplish the next day. Thinking about it is good but writing it down really cements a plan for the next day. 

Reflect on your day. Write down two or three things you were grateful for today. Celebrate your successes even if they are few. For the things not accomplished, think about how you can do better tomorrow. Be more efficient, spending less time on unimportant issues. 

Create your ritual of work to home transition. We are so super-connected now that we are working 24/7. Walking through the door should start the transformation. What you do next is not important, only that you do it every day to move into relaxing, home mode. You can exercise or watch your favorite show. Spend time with the family or work on a project. Do it every day to tell your brain work is over. 

Our busy lives can also leave little time for your passions. Taking even 30 minutes a day out for a hobby, self- improvement, or anything else you have a genuine interest in can boost your sanity. It will even make you more productive. 

Get ready for sleep. Do it the same way every day. Wash up and brush your teeth. Make your bedroom a calm sanctuary. Keep it cool; better sleep happens around 65-68 degrees. Turn off the TV or other devices one hour before bedtime. The blue light keeps your brain in wake mode. If you must check your devices before bed, reduce the brightness by 50% and use night mode if you have it. Reading before bed for half an hour is excellent for winding down for sleep. But stay away from the Kindle and its blue light and read a paper book instead. It can be any subject, does not have to be self-improvement- anything that entertains you. 

Keep the same sleep schedule. Waking and sleeping at the same time keeps you regulated. You cannot catch up on sleep on the weekend. It just makes you groggy all day. Feel yourself getting sleepy and wake up to your best day ever. 

KATHLEEN WEAVER-ZECH AND DEAN’S TEAM CHICAGO