Chicago Property Management Blog

9 Security Mistakes That Put Your Family and Home at Risk

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Home burglaries in the United States have become extremely common. Every 15 seconds a home robbery occurs in the country. According to Pew Research Center the police solve only 13% of them. Having a secure home is something that all homeowners should invest in as 34% of the break-ins occur through the front door of the home.&nbs...

IS CHICAGO A GOOD MARKET FOR REAL ESTATE INVESTMENTS?

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According to the Chicago Primary Metropolitan Statistical, as of 2022 the median property cost in Chicago was just over $310,000 dollars. If we compare Chicago prices to a city like New York (where the average price of a property is close to 1 million dollars), Chicago is considered a bargain.According to the Census Bureau, Chicago had th...

HOW TO ESTABLISH A PET-POLICY FOR YOUR RENTAL PROPERTY

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According to the American Pet Products Association (APPA) 70% of U.S households own a pet (about  90.5 million families). In 1988 only 56% of US households had a pet. This notorious increase has made landlords acknowledge the benefit of permitting renters to have pets in their properties, especially in Chicago. Allowing pets can...

Apps and Software to Help DIY Landlords

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Let’s face it: being a landlord can be tough. While there are many positive aspects of property investing and management, there are some drawbacks, too. Being a landlord today is much more involved and complex than it used to be in previous decades, and it’s more important than ever that landlords gain every advantag...

How to Get Started in Passive Real Estate Investing

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Passive investing in real estate may be an excellent option for you if you want to build wealth without active involvement in properties. However, in order to make the most of your investment, you need to make sure you have all of the information you need to get started on the right path.Modern passive real estate investing doesn’t ...

How To Prepare for Leasing Season To Maximize Profit

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Whether you are a property management company or renting your own investment, you know about leasing season. Typically, the months between May and September are considered high “Rental Season” for residential units in the Chicagoland area. According to The Rental Housing Finance Survey 34% of the population is renting a proper...

Best Home Staging Tips

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If you are in the process of selling your home, every opportunity to make a sale should be taken seriously. It is very important to glam up your property. Ensuring that it looks as good as possible for potential buyers should be your primary goal. Some sellers underestimate the incredible power of home staging. Now, what exactly is h...

Everything You Need to Know About Property Management in Chicago

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A property management company could be one of your greatest assets if you hire the right one. This selection is important because the company you hire will make decisions about your property on your behalf. From tenant screenings to collecting rent and managing maintenance, a Chicago property management company performs tas...

What Can I Charge to my Tenant’s Security Deposit?

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A security deposit is a payment given to a seller, lender, landlord or in our case a property management company as a proof of intent to move-in and care for the property being rented. As a landlord, it is important to understand what you are legally allowed to charge your tenant, as well as the specific laws regarding security deposits i...

Things to Consider Before Deciding to Self-Manage Your Chicago Rental Property

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Rental properties can provide a great source of steady, passive income for Chicago investors. However, before you invest, you’ll have to decide whether to self-manage your Chicago rental property or work with a property management company. This article looks at some of the things you might consider.How Much Time Can I Devo...

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