Welcome to the CCIA!
Providing Education, Motivation and Networking Opportunities for Real Estate Investors
CCIA is an organization of and for real estate investors. Through monthly meetings, educational programs and networking opportunities, our members learn how to achieve their investment goals. CCIA was started in 1984 to serve the purpose of providing education, motivation, and networking opportunities for local investors. It now serves more than 1000 investors from all over the greater Chicagoland area, and into Indiana and Wisconsin.

Next CCIA Meeting

July 19, 2009

Dyches Boddiford


Buying and Selling Using Seller Financing...

Tremendous opportunities are all around us in today’s market - prices and terms that allow positive cash flow, motivated sellers willing and able to carry financing, buyers who will pay a premium for seller financing. For the investors who are fluent in creative finance techniques this is one of the best markets we have seen in years.

CCIA’s July meeting features one of the most respected and talented creative deal- makers in the country. If you want to take full advantage of today’s opportunities, you need to be there ready to listen and learn.

LLC's / Dyches Bio
Corporate Fortress


Meeting Location

Signature Events at Seven Bridges
Map
6:00-9:00pm

Free for Members / $15 for Guests

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Check out our Banner Ads at the side of the page. There just may be something there to make your life easier and more successful....

CCIA Members Speak -
Click to see what they are saying!
(latest entry 7/2/09)


Senator Rutherford warns Illinoisans about new service taxes


PONTIAC, IL - The State Senate recently voted in favor of the largest income tax increase in Illinois history, but that pales in comparison to what else was in the legislation, according to State Senator Dan Rutherford (R-Pontiac). The bill, HB 174 Senate Amendment 2, also created, for the first time in Illinois, a tax on services.

“The new tax on services would be on such services as cable TV, dry cleaning, bowling, pet grooming, Internet service, gym memberships, sports tickets and diaper service. It would take billions of dollars out of the wallets and purses of Illinoisans and cause thousands of businesses to start collecting and remitting this new tax to the state,” noted the Senator who voted against the legislation.

Rutherford added, “Most people comprehend when something is going to go up 67 percent, especially their income taxes. They may not like it, but they know what it is. The Service Tax is much more of a ‘stealth tax.’ It would be similar to a sales tax on products and would definitely increase the price of those services.”

“With the current financial situation our economy is in, now is not the time for government to ask taxpayers for more money through an increased price in their services,” Rutherford explained. “Once a new tax on services is established, it will be easy to add even more services to the list of hundreds. It could easily soon include barbers, beauticians and auto repair.

The Illinois Senate has passed the Service Tax Legislation with all Democrat votes. It has not yet been voted on in the House of Representatives, but could be acted upon this summer.

“The debate on raising the income tax has received much of the media attention, but a new tax on services would permanently change the landscape of taxing opportunities in our state. The public needs to be aware,” emphasized the Senator.

Senator Rutherford has posted the list of hundreds of services that would be impacted, on his Web site www.DanRutherford.com

As landlords we are “lucky” that rents are not included in HB174 Senate Amendment 2. But don’t think for 1 second that we dodged a bullet. Just a few things that could be taxed if this bill passes are: landscaping services, snow plowing services, tree trimming/removal services, coin-op laundry, internet service providers, carpet cleaning, cleaning services, duct cleaning, chimney sweeps, trade fairs, conventions, self storage units, and many more that will directly effect your business and your bottom line.

Now if you have a day off and want to take a train ride to the city to see a play, or Cubs/Sox/Bears/Bulls/Blackhaws and you have to take a city bus or cab ride, your being taxed on all if it. Want to pick up a DVD at Blockbuster for a nice quiet evening at home? Taxed!! Member of a health club? Taxed! Have a personal trainer at that club? Taxed! Need something dry cleaned? Taxed! Want to go get your hair cut? Taxed!!! Ladies want a day at the spa? Taxed!!! The list is 29 pages long. If this is making you sick, they are going to tax your home hospital bed rental and wheelchair. Oh and if your feeling taxed to death, don’t worry they’re taxing the hearse they are taking you out in.

This bill is has passed the senate but has not passed in the house yet. Call your representative today and let them know you pay enough in taxes, its time to stop taxing Illinoisans to death.

Landlords / Investors - we have consolidated Critical Resource items on our Resources Page - Landlord Resources. You can click on the Resources Menu button above or just click here!

The IRPOA invites CCIA Members to check the latest Lobbyist Briefings.

Click Here
(Use ID: irpoa
Password: lobby)

2007 Wrap-Up
2008 Wrap-UP

11/19/08 - A Note from Jane on Inspections and Licensing - Click for Article

New Vendor Application Package Posted 10/31/08 - Click Here

Important IRPOA Legislative Update -
Click Here

Jul 19, 2009 CCIA Monthly Meeting
Note: Signature Events 7 Bridges Location - Map
Dyches Boddiford
Buying & Selling Using Seller Financing
Aug 16, 2009 CCIA Monthly Meeting
Note: Signature Events 7 Bridges Location - Map
Johnny "Transition Man" Campbell
Hpw to attract more buyers, sellers, tenants and MONEY using Social Media Marketing
Visit Our Events Page for More Details on All of Our Meetings!


Message from Jane Garvey 06/22/09     (Archives - Past Notes)

Dear CCIA Members and Friends,

Amazing how the time has flown past. At the time we started the Chicago Creative Investors Association back in June 1984, I’m sure a 25th anniversary was as far from everyone else’s minds as it was ours. We just needed a positive supportive environment where we could meet, learn and discuss real estate investing with people who were excited about the business. The time was brutal – unbelievable interest rates, lots of people losing their jobs, and the economy in turmoil. It was vital to be around people who had a plan and were working it.

Twenty-five years later we are still here, still working hard to provide the education, motivation, and networking you have come to count on. A few dozen of our original members are still actively participating, and others check in from time to time from retirement. It is gratifying to see the successes. And, that positive supportive environment is as important to our members now as it was 25 years ago.

Many of you have helped over the years by speaking on panels, providing expert advice, helping check people in, website design and maintenance, writing articles, carrying boxes, transporting speakers, putting together the power point presentations, running the meetings, offering advice and ideas, helping with the charity events, monitoring legislation, calling your legislators, providing door prizes, telling friends and fellow investors about meetings, and countless other roles I may not even be aware of. In the meantime we have seen thousands of investors and would be investors come through the doors. I would like to think that we have been instrumental in helping everyone who has come, even if it was just helping some decide that real estate wasn’t the financial vehicle for them.

I would like to acknowledge some folks of special importance. Marc Goodfriend, my late husband, was a key figure in getting all of this off the ground. Some of our long time members can tell you what a privilege it was to know him. I would also like to express my gratitude to Dr. Albert Lowry who gave us a jumpstart by sending his Chicago area students to us for the first several years. They may have been beginners, but they were all enthusiastic. We benefited greatly by being the local answer folks for Carleton Sheets as well. When my sister came to visit, she dubbed the nonstop phone calls as “Jane’s free consulting service”. Many others like John T. Reed have been immensely helpful by keeping us in touch with the national press. Closer to home, Wes Bishop has volunteered his time and ideas for as long as I can remember. Without his help and support I am pretty sure CCIA would not have made the 25-year point. There are others who have been there through thick and thin to help whenever and wherever they could. We are extremely grateful for all of your help.

Marc and I had just quit our jobs as Loyola Professors when we started CCIA. Being educators at heart we spent countless hours writing books, articles, courses, and teaching. Then there are the stories I could tell of the years Marc and I spent on the national circuit as gurus. Much time was also spent helping to launch National REIA and serving on their Board of Directors and as their newsletter editor. When statewide legislation started to be a problem we refocused our attention. Years of monitoring and fighting legislation via Illinois Rental Property Owners Association have followed. Somehow, none of this was in the plan when we started CCIA, but it has all come with the territory. If you are going to run a responsible organization, you need to take care of the needs of the people that belong.

CCIA has helped a number of speakers launch their careers. Of special note was Jeffrey Taylor, (aka Mr. Landlord). CCIA was the first real estate association to welcome Jeffrey to its stage. He has since developed his newsletter and website into one of the most trusted sources for landlord advice in the country.

Most of the speakers you see at CCIA have well-established national reputations as experts in their chosen niche. You have also seen some of the local areas most knowledgeable folks specializing in topics that demand some local expertise. A few years ago one of our members suggested the tagline “Bringing Chicagoland the most brilliant minds and ideas in real estate for over 25 years.”

Here’s to our members. It is through you and with your support that we have been able to provide all of this for the real estate investing community of Chicago for the past 25 years.

Thank you!

M. Jane Garvey

PS Please join us as we celebrate the CCIA’s 25th anniversary at our meeting June 28th. We have a great program planned, and lots of fun in the works for this meeting.


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