On our most recent show, we discuss the Illinois Eviction Moratorium extension, the $300 million grant fund for Illinois tenants, and notice of nonrenewal new laws in the City of Chicago.
Topics Discussed Include
Illinois Eviction Moratorium has been extended until August 22, 2020. Hear how this affects you if your property falls under the CAREs ACT.
On August 10th, 2020 Illinois will open its $300 Million relief fund for tenants behind in rent that were affected by COVID.
New ordinance in the City of Chicago - If your tenant has leased your property for over 3 years, you now have to give 120 notice to the tenant if you do not want to renew their lease. Check out the new rules all Landlords must follow because there is some exemptions for owner occupied buildings.
You Tube Videos:
Tune in each Sunday, or download the Podcast, for the most up to date information on the hottest topics happening now. Any real estate that is owned is truly your greatest asset, so stay tuned to us to keep up to date on how you can manage and grow your investment.
You may also enjoy some of these great resources:
SUCI Podcast - Top 10 Mistakes We See From Chicago Investors
Section 8 Resource Center - All you need to know about Section 8 in Chicago and suburbs
What Do I Need To Know About the Schaumburg Rental License - Schaumburg has different rules for townhomes vs single family homes