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Chicago Property Management Blog


Blog Post How GC Realty & Development Checks Out Prospective Tenants

How GC Realty & Development Checks Out Prospective Tenants

We’re often asked how we screen applicants, so I wanted to share how we approach it. First, we screen all applicants over the age of 18. The first thing we do is invite applicants to complete an online application form. This is where the applicant enters all of their inform...
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Blog Post Rent Your Property Faster: Top Tips

Rent Your Property Faster: Top Tips

Tenants come and go. As a property owner, nothing can put more money in your pocket than renting your home quickly and to the right person. Here are some tips that will help you do just that.Pro-tips to rent your property quickerTake a look at the condition of your property. ...
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Blog Post How Should I Prepare My Rental Property?

How Should I Prepare My Rental Property?

Many people ask that question “What do I have to do to my place to get it rented?”First and foremost, appeal to the masses by choosing neutral colors and tones. Highlight walls may look good with a particular style of furniture when you live in your home, but now...
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Blog Post What Is the Best Type of Investment Property to Own?

What Is the Best Type of Investment Property to Own?

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...
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Blog Post How Much Does Professional Property Management Cost? An Experienced Chicago Property Manager Explains.

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

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

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

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

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

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...
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Blog Post The Pros and Cons of Allowing Pets in a Rental Property

The Pros and Cons of Allowing Pets in a Rental Property

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

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

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...
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Blog Post How to Buy a Residential Investment Property in Chicago

How to Buy a Residential Investment Property in Chicago

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...
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