Working in Chicago with Chicago Housing Authority (CHA) for section 8 tenants can be a very lucrative strategy for your investment portfolio. If you’re specifically a first time landlord to a section 8 program in Chicago, you’ll need to learn more about this process, especially if you are going to take your investment properti...
I have had the unique opportunity as an owner of a property management company to lead the company’s new business division. That means I am on the front lines, talking every day with property owners and investors about our services. Early on, in the first 10 years of our company's existence, I wore the new business development h...
When talking with customers and investors, I often get asked what “GC” stands for and what the meaning behind our logo is. I will get into what “GC” represents in another article, but I wanted to share with you how we came up with our current logo and how it represents us as a company.Our company was originally est...
Often when I speak with investors about property management, one of the first questions I get asked is, “how much are your fees?” I think that question quickly comes up in a conversation for two reasons:PRICE DRIVEN – maybe the investor is price driven, and they will go with whatever the lowest price is on the surface. T...
You're asking yourself, should you hire a property manager? You're trying to decide if you should manage your own property or hire a professional property manager to do it for you. Some people are not that good at managing properties. That's a pretty common problem. They put the property on Craig's List and Facebook. They&...
We're not the right Property Management company for everyone.We receive many inquiries into our business each day from people interested in our Chicagoland Property Management services. As it turns out, we aren't good fits for most - a large majority, in fact - of these inquiries. Even if you have the right propert...
Renting your home quickly is the best way to increase the return on your investment. Today we have some ideas to help you rent your home to the highest quality tenant in the shortest period of time.First, take a look at the condition of your property. You want fresh paint, clean surfaces, well-manicured landscaping, and attention to detai...
We believe there are the four questions you should ask a property management company before hiring them. Number 1: What is their tenant screening process? How do they screen them? Take me through what their process looks like. What's included? Is it a full criminal, credit, eviction, background check? Do they require proof of on...
Whether you are considering your first rental property or just closed on your 50th, you have many decisions to make relating to how you will manage your investment. Keep that pink bathroom or tear it out? Update the landscaping yourself or hire help? One of the questions you may not have considered is whether or not to hire a property man...
