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Chicago Property Management Blog

Blog Post

How Do I Handle A Tenant That Stops Paying Rent

Most of the time we get calls from prospective landlord clients, they’ve run into issues with their tenants or rental properties. When life is good, property management can almost seem easy. But as soon as things get complicated, our phone starts ringing. One of the most co...
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Blog Post

Top 7 Tips for Effectively Managing Rental Property

If you talk to experienced real estate investors, they will tell you that property management is one of the most beneficial yet toughest areas to master. Today, we’re discussing my top 7 tips for effectively managing rental properties.Whether you’re looking to buy you...
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Blog Post

Why you should NEVER hold rental property in your own name (Use an LLC)!

Hi everyone! Jason Marcordes here with Landmark Property Management and today we’re discussing why you should never hold your rental property in your own name. One quick note here,  I want to point out the distinction between buying and holding. When I first got starte...
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Blog Post What’s Considered Normal Wear and Tear in Rentals?

What’s Considered Normal Wear and Tear in Rentals?

As a rental property owner, it will be your responsibility to pay for the normal wear and tear that occurs during a tenant’s occupancy. These are the minor damages caused by everyday living that will occur in any home. Any damage above and beyond normal wear and tear i...
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Blog Post Top Preventative Maintenance Tips for Rental Properties

Top Preventative Maintenance Tips for Rental Properties

As a rental property owner, you have to take care of your property for the sake of your tenants. Additionally, keeping your property in good condition through preventative maintenance will help you protect your investment. Your property will last longer, look better, rent qu...
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Blog Post

Top 10 Lease Clauses You MUST Have in Your Lease!!

Hi everyone! Jason Marcordes here with Landmark Property Management and today we’re discussing the top 10 lease clauses you MUST have in your lease. These are all things we’ve learned the hard way from managing thousands of units over the last decade. This is a high l...
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Blog Post

Considering Short Term Rentals (STR)? Watch this First!! (Pros & Cons)

Short term rentals can be an amazing way to launch your real estate investing career and make some serious cashflow. But have actually weighed the pros and cons? If you’re considering this investing strategy stick around and I’ll explain my top pros and cons of this a...
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Blog Post

What Type Of Insurance Do I Need For My Rental Property?

Hi everyone, Jason Marcordes here with Landmark Property Management. Today we are answering the question: What type of insurance do I need for my rental property? Now I know that nobody wants to think about insurance, let alone pay for it for that matter, but I promise that if yo...
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Blog Post Rent-to-Income Ratio: Everything Landlords Need to Know

Rent-to-Income Ratio: Everything Landlords Need to Know

When you need to fill a vacancy, you will have to start vetting the applicants. Although this is a tedious process, being thorough can help you choose the best applicant for your vacancy. An important part of selecting a new tenant is ensuring they can afford the rent, and that&r...
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Blog Post

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

Hi everyone, Jason Marcordes here with Landmark Property Management. Today, we’re discussing the question, “What Can I Charge to My Tenant’s Security Deposit?” Before we talk about what we can and can’t charge to a tenant’s security deposit, le...
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