Chicago Property Management Blog

What Is the Best Type of Investment Property to Own?

By Mark Ainley Thursday, June 23, 2022

The Chicago real estate market is experiencing unprecedented change at the moment. Like in most metropolitan areas across the US, rents and house prices are on the rise. If you're lucky enough to be in a position to do so, now is a perfect time to become a real esta...

How Much Does Professional Property Management Cost? An Experienced Chicago Property Manager Explain...

By Mark Ainley Thursday, June 23, 2022

Today we’re going to discuss the various fees associated with property management and the cost of hiring a professional property manager, which is often lower than the cost of managing a property yourself.Management FeeThe management fee is something that’s charged ev...

Chicago Housing Authority: The CHA's Guide to Section 8

By Mark Ainley Saturday, June 18, 2022

Working with a Chicago Housing Authority (CHA) for a Section 8 tenant can be a very lucrative strategy for your investment portfolio. As a first-time landlord with HUD Housing Choice Vouchers, you are going to need to learn more about the process. There are many positives an...

For All People Who Invest, This Is A Great Set Of Information.

By Mark Ainley Sunday, June 12, 2022

For five years, I've been sharing valuable tips to both newbie and seasoned investors to keep them safe from common mistakes. I take pride in educating local and out-of-state investors about Chicago's laws, as well as Chicago's suburbs. I tell them how things work her...

The Pros and Cons of Allowing Pets in a Rental Property

By Mark Ainley Thursday, June 9, 2022

70% of households have at least one pet living on the property, but that doesn't mean you want pets in a rental property you manage. Before you outlaw tenants with pets, you must understand the pros and cons of allowing pets in a rental property.We've created a list that ...

Should You Use a Property Management Company? A Guide for Chicago Real Estate Investors

By Mark Ainley Friday, June 3, 2022

If you are considering your first rental property or just closed on your 50th, there are many decisions to make relating to its management. Do you keep that pink bathroom? Update the landscaping yourself or hire help? One of the questions that may not have occurred to you: whethe...

How to Buy a Residential Investment Property in Chicago

By Mark Ainley Saturday, May 28, 2022

GC Realty & Development, LLC has enjoyed working with investors from around the world looking to purchase 1-4 unit investment properties in Chicago and the surrounding suburbs. We've worked with one of these investors in particular, Roofstock, Inc., over the past 12 month...

Top 5 Tips for Rent Collection

By Mark Ainley Thursday, May 26, 2022

Whether you're a property owner or part of a REIT, monthly rent collection is likely one of your most significant challenges. But it doesn't have to be! In fact, you can cut the hassle and headache by employing a few simple strategies that save both time and energy.W...

How do I find a good deal?

By Mark Ainley Monday, May 16, 2022

Hello, I'm Mark Ainley from GC Realty and Development. We're a property management company and also do residential and commercial investment.Where to find deals?I talked to a lot of investors on a daily basis. I have access to see where buyers are getting deals, wher...

Tenant Screening: How Does It Work and How Do You Do It?

By Mark Ainley Thursday, May 12, 2022

Every year, more than two million tenants are evicted from rental properties. The eviction process can be costly and time-consuming for landlords and that's before considering potential rent arrears or the costs of renovating your property.Conducting tenant screenings is...

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