Chicago Property Management Blog

6 Things you should know about student rentals

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Student rental property is a real estate investment niche that has become more and more popular over the last few years. Just like any other real estate investment, there are both pros and cons when investing in student rentals.  If you buy in the right location (including the right city and location within the city) it can turn out ...

4 Mistakes To Avoid When Renting A Property

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If you are a real estate investor or plan to be one, you may be aware of all the responsibilities involved. Investing in real estate, especially the property management side of things, is much more than supervising a building. It includes accounting, coordinating maintenance, inspections, cleaning, customer service, marketing, showings, e...

4 Ways Landlords Can Make Their Properties More Sustainable

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According to the PNAS (Proceedings of the National Academy of Sciences), with data on 93 million individual households in the USA, residential energy use accounts for roughly 20% of greenhouse gas emissions. In Chicago, many of our daily activities cause emissions of greenhouse gases; driving, burning oil or gas for home heating or using ...

How Airbnb Is Trying To Adapt To a New Travel Reality

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It is safe to say that during the coronavirus pandemic, Airbnb business screeched to a halt. Its quarterly losses added up to over $576 million while everyone in the world was constrained to their homes. However, the industry has slowly regained momentum and we are now seeing favorable numbers again in this short term rental platform.&nbs...

Father’s Day in Chicago

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Father's Day is just around the corner and we want to make sure Dad’s have fun and enjoy this day! We know dads should be celebrated every day of the year, but it never hurts to dedicate one day in specific. Chicago has everything you need to celebrate all dads including a ton of different events, an endless selection of restaur...

Things You Should Know And Questions You Should Ask Before Signing A Chicago Lease

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It can be exciting to shop around for a new apartment. Visiting different properties, touring several buildings and assessing different amenities is a complete experience. Choosing an apartment should be fun. However, if it is your first apartment hunt, you need to be informed, ask questions and take the appropriate precautions before sig...

DIY Rental Inspections

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If you’re managing your own rental property, requiring periodic inspections is a great way to reduce your risk of property damage. While there are several services in Chicago that will do this for you, property inspections can be fairly simple and you can do them yourself if you know what you are looking for. Annual, or even semi an...

5 Ways To Find Good Tenants (And Keep Them) For Your Rental Property

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As a property investor, one of the biggest hassles out there is finding new tenants. It does not matter if you are managing the property yourself or hired a property management, selecting renters is a crucial part of the business. Learning how to find good tenants is not an easy task, and it can easily turn stressful. As much as you want ...

7 Ways to Avoid the Worst Tenant Problems

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Property owners love having good tenants. Tenants that pay on time, take good care of the property, and that have a solid communication (not overwhelming nor non-existent). However it is safe to say that if you’re planning on investing in rental property, at some point you’ll have a run in with a bad tenant. Sometimes it is ju...

7 Ways to Upgrade Your Home On a Budget

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Renovations can be very expensive. Whether you are looking to renovate your own home or an investment property, it can be an important financial decision. According to a recent report from the Joint Center for Housing Studies of Harvard University, U.S homeowners spend "$400 billion per year on home improvements and repairs". If...

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