Skip to main content

Chicago Property Management Blog


House Hacking 101 in Chicago

{{ post.title }}
If you’ve thought about becoming a property investor, you may have had concerns about startup costs. Maybe you worried over how long it would take to have renters pay the bills for an otherwise empty house. House hacking can give you an easier entry point into property investment and a place to live. While not a new concept, house hacking has quickly become a big topic in Chicagoland, even in the current seller’s market...

How to Win at Investment Property Short Sales

{{ post.title }}
As an investment property owner, you want to maximize your return on investment. On the surface, short sales can look like an attractive way to get investment property at basement bargain prices. Getting a house for far less than market price can make solid investments, but of course comes with strings attached. Below, we discuss how to win at investment property short sales in Chicagoland. Short Sales ExplainedProperty owners find...

Hack Your Wealth Podcast - Property Management Tips

{{ post.title }}
Last year, I had the opportunity to sit down with Andrew Chen, owner of Hackyourwealth.comAndrew is well known for his wealth building hacks and has been involved in some pretty interesting careers, some in which he had no prior training in at all. His content has been published on Forbes, CNBC, Business Insider, and Glassdoor. https://hackyourwealth.com/managing-rental-properties-property-management-tipsThis podcast in particular ...

How To Build A Chicagoland Empire

{{ post.title }}
Andrew Holmes is one of the most well-known names in Chicago Real Estate Investing. Andrew explains his incredible journey, from his early days as a hustling agent, to how he structured his first few investment deals. Andrew dives into specifics on how he finds deals, what attributes he looks for in an investment property, how he underwrites properties, and how he teaches others to scale. There is so much to break down here it’s a...

Hidden Values In Quality Property Management

{{ post.title }}
I have flirted with the idea of this article for quite some time now because I do truly believe in the use of Property Management from the investor standpoint. However, my hesitation in publishing this topic has been countered by the idea of the negative feedback I may receive for my comments below.   To head off some of those comments I will start by saying there are plenty of poorly run Property Management companies across t...

WHY IT’S SMART TO INVEST IN THE SUBURBS OF COOK COUNTY

{{ post.title }}
Chicagoland is home to an enormous real estate market that includes an equally large amount of sub markets. Anthony Citriglia, of Essex Realty’s, has a submarket that covers many of the near north and near northwest suburbs. Here he breaks down exactly what those markets are like, how they differ from the actual city of Chicago, and how they differ from each other. Following the post-war boom, cheaper access to cars and the d...

Best Practices To Getting Qualified Tenants To Rent Your Property in Chicago in 2021

{{ post.title }}
As investors ourselves, throughout many markets and class types, our primary goal is to attract and retain the best tenant possible for our properties.The “Best Tenant” can be defined by qualifications on their application, potential willingness to stay for a longer term, and/or ability to be a satisfied resident when we, as the Landlord, successfully perform the duties as required by the lease agreement. (We try to avoid hi...

Is Real Estate a Good Investment

{{ post.title }}
For a potential investor, there are many property investment options available. These options vary in the rate of return and the degree of risk involved. Real Estate has long been a favorite for investors wishing to grow their wealth and it’s easy to see why.There are countless reasons for property being a sound investment for a potential investor – here are 5 of the most important ones:1. Inflation hedgeEvery investor looks...

How To Build a Real Estate Empire With Your Significant Other

{{ post.title }}
Have you ever looked at your significant other and wanted to build an empire with them? That’s exactly what Nicky and RJ De Leon have been doing since the early days of their relationship. Today, they tell their story from start to current day, diving into how they had all those hard conversations about deciding on the first location, getting on the same page as your partner and so on. Since that initial househack, they moved...

How does CHA Mobility Program Benefit Chicago landlords?

{{ post.title }}
In order to provide an incentive for property owners to utilize the CHA voucher program in “Mobility Areas,” the Chicago Housing Authority has implemented a series of benefits or incentives for property owners who are looking to participate in the Program.The primary objective of this program is to make it easier for voucher holders to move into neighborhoods with low levels of poverty and less violent crime, and where renta...
Showing 241- 250 of 367