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Chicago Property Management Blog


Blog Post Three Critical Tenant Screening Tips

Three Critical Tenant Screening Tips

When a landlord screens potential tenants themselves, paying attention to certain red flags can save them future headaches. By thoroughly vetting applicants, property owners can get a better sense of who might occupy their rental home. Will they pay on time… or at all? Wil...
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Blog Post The Chicago House Hack

The Chicago House Hack

David Geen said househacking is the Stephen Curry cheat code of real estate. Many folks agree and have leveraged this strategy to kick off their successful REI careers. However, there are real risks that arise the moment you become a housing provider. Joey Poshinskas is an e...
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Blog Post Self Storage - No Toilets or Tenants

Self Storage - No Toilets or Tenants

Fernando Angelucci has spent the last decade becoming one of the largest wholesalers in the Chicagoland area. Fernando successfully scaled his wholesaling business to a goliath and used the same skill sets and systems to establish and grow his self storage portfolio.Would you pre...
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Blog Post Acquire, Fund, and Develop Distressed Properties in Chicago

Acquire, Fund, and Develop Distressed Properties in Chicago

Malcolm Gladwell popularized the idea that it takes 10,000 hours to master something. Well, if that’s the case, Mike Olszewski has likely mastered his craft several times over. To date, he has sold over 17,500 REO properties, developed properties and has even begun his own ...
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Blog Post

Three Things to Consider Before Investing in C Class Neighborhoods

Not every real estate investor will have the resources to own rental properties in A or B Class neighborhoods. And some don’t care. With the right scenario, rental properties in more challenged areas can still make good, profitable investments for property owners. Below we ...
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Blog Post Seven Factors that Determine Your Commercial Loan Rates and Terms

Seven Factors that Determine Your Commercial Loan Rates and Terms

Most real estate investors, especially when just starting out, use personal credit to obtain conventional loans to buy rental homes. And this may work fine for you today, but how serious do you intend to get about your investing tomorrow? But if you plan to increase your portfoli...
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Blog Post Five Vital Things to Know about Investing in Self-Storage Facilities

Five Vital Things to Know about Investing in Self-Storage Facilities

The best three things about investing in self-storage facilities over rental homes: no tenants, no toilets, and no trash! Plus you can expect to double your money in 3-5 years. You only need about 35% occupancy to break even; even with debt, less than 70% will balance out the boo...
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Blog Post How to Successfully Flip Properties on Chicago’s Northwest Side

How to Successfully Flip Properties on Chicago’s Northwest Side

Knowing a couple of Chicago’s neighborhoods intimately is definitely better than knowing a hundred superficially. That’s exactly what the Property People did in Chicago’s northwest neighborhood. Owners use their knowledge to know how deep they can dig a basement...
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Blog Post What is Just Cause Eviction Proposed Ordinance

What is Just Cause Eviction Proposed Ordinance

What is the Just Cause Eviction Proposed Ordinance? Where did it come from and then what do we have to look out for?   If you currently have a tenant living in your rental unit, would like them to vacate at the end of the current lease term, you could be giving up a lot of y...
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Blog Post Three Things You Must Do to Win at Real Estate Wholesaling

Three Things You Must Do to Win at Real Estate Wholesaling

Considering real estate wholesaling? We forgive you for thinking of it as an easy way to quit your 9-5. But as many new wholesalers soon find out, real estate wholesaling can still occupy your time like a regular job. The industry comes with nuances far different than buying sing...
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