Chicago Property Management Blog

Before the days of YouTube, BiggerPockets, and even E-books, I had to gain all of my real estate knowledge through my own trials and tribulations. In the end, it cost me a lot of money for my “street education”. As an avid reader, I love gathering information from various sources including books, podcasts, and forums. All of the information I have acquired has been fantastic, but it has lacked a local focus, and when I ...

On our most recent show, we discussed what Landlords need to know about in regard to their mortgage moan on their investment properties. There are different facets of the CARES Act that must  be followed and you must stay in compliance. Right now, there are many loan options available that you may be able to take advantage of with your loan provider. Topics Discussed IncludeRestrictions under the CARES Act for owners with Fann...

In 2018, I read an article online written by a Realtor in which she described how her business was taken to the next level after reading the book, Ninja Selling by Larry Kendall. She discussed how reading the book had gained her new clientele in just under a few months. Less than a month later, I stumbled upon a Podcast that described a similar success story, the author having read this same book as well. I brushed off these two si...

Earlier this 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-tipshttps://podcasts.ap...

Many people have questions about Section 8 and the ins and outs of the Housing Choice Voucher Program (HCV).  The unfortunate part is many of the ins and outs differ slightly from state to state, county to county, and then even city to city.  The differences between Section 8 housing programs are not large, but it is important you pair yourself up with a Property Manager or fellow investor to make sure you avoid the pitfalls o...

Hi, my name is Mark Ainley from GC Realty and Development. We're a local property manager out of Roselle, Illinois, just outside of Chicago. What to know in advanceThere's some things that you want to make sure that you know in advance, to make sure that you're not delayed in getting your property rented. So Hanover Park, like most other villages around here, do have an annual rental license fee. The number is now an op...

Hi, my name is Mark Ainley GC Realty and Development. And when I talked about today is renting your property out in Schaumburg, Illinois. We're located not too far from there in the town over Roselle, but we've been managing in Schaumburg for about 15 to 16 years now, so we've gone through the start of the rental license program to what it looks like today. So any property in town that is leased out is required of a ren...

I recently had the opportunity to conduct a Facebook Live video with Josh Fonger of Work The System.  For those of you not familiar with Work the System, they are a consulting company  built around Sam Carpenter’s 2008 book, Work The System: The Simple Mechanics of Making More and Working Less.  The book centers around the idea that life is composed of systems that are ours to control or…….not control,...

Where's a good place to invest in DuPage County?Hi, my name is Mark Ainley from GC Realty and Development. We are a property management company located Roselle, Illinois.  Now, Roselle is in Dupage County, which if you're familiar with the Chicagoland area, it's made up of six counties, DuPage County kind of falls in the middle consists of mostly the western suburbs, far west and near western suburbs. Now, a lot people ...

It’s doubtful anyone in the world will make it to the end of the summer unaffected in some way by the COVID-19 pandemic. If not you personally, you probably will know at least one person who has been affected financially or been diagnosed with the virus or maybe even someone who was unfortunately defeated by COVID-19.I wrote the following blog post that was posted to Bigger Pockets Blog on April 18, 2020. There is some valuable co...