Chicago Property Management Blog

Top Tips for Buying a Home: A First-Time Buyer's Guide to Chicago, Illinois

Buying your first home? The stakes couldn't be higher. In a city as vibrant and diverse as Chicago, finding the perfect place isn't merely a transaction; it's a life-changing decision.This guide dives deep into the world of home buying, offering you essential tips to ...

Ways Commercial Property Owners Can Manage Maintenance Expenses

A commercial real estate portfolio has the potential to be extremely lucrative. However, you need a solid maintenance protocol to avoid rising expenses.If you don't tend to your properties regularly, they're subject to various types of property damage. Roofing water damag...

Elements of Effective HOA Meetings and How to Prepare

Homeowners Associations appeal to families, professionals, and new homeowners looking for a greater sense of community. The tighter-knit the community, the more safe and optimistic one feels. This structure is also ideal for natural leaders and tapping into the leadership potenti...

For Rent By Owner: How to Find Your Way to Being a Successful Landlord

Did you recently put up a "for rent by owner" sign? Congratulations; you're one of the 10.3 million people in the US who own a rental property. You have a lot of competition.If you want to ensure your success, read on. Use this landlord advice to generate rental inc...

Turnkey Property Management vs In-House: Which Is Better for Your Chicago Property?

Chicago has long been one of the fastest-growing cities in the country. It's filled with business opportunities and jobs for people from all walks of life.This makes the windy city an excellent choice for astute property investors wanting to earn passive rental income from th...

An Owner's Guide to Understanding Commercial Property Insurance in Chicago, IL

The National Fire Protection Association (NFPA) estimates that in 2022, the economic loss from property damage caused by fires was around $18 billion. While this number may seem shockingly high, when you consider how quickly fires start and spread, it's clear how they can cau...

The Importance of Commercial Property Inspections in Chicago, IL

Do you know the current state of your commercial real estate? When was the last time you did a thorough inspection of the property?Without frequent property inspections, you could end up spending a lot of money on repairs down the line. You may even begin to lose the trust of you...

A Chicago Landlord's Guide to Security Deposits

There are an average of over 20,000 eviction filings in Chicago each year.If you're a landlord, you never want to get to the point where you have to evict a tenant. One of the ways you can protect yourself is to screen your tenants thoroughly. Another way is to ask for securi...

Is Outsourcing the Tenant Screening Process in Chicago a Good Idea?

Dealing with bad tenants is an irritating and stressful situation. Unfortunately, even the best landlords find themselves in this position sometimes. Professionally outsourced tenant screening can luckily greatly reduce the likelihood of destructive or non-paying renters.Here, we...

The Power of Home Staging: Transforming Your Property for Sale

82% of buyer's agents say that home staging made it easier for their clients to visualize themselves in a property.If you're planning on selling your home, it's important to portray it in the best light. When people are looking at listings online, a staged home will c...