Chicago Property Management Blog

What to Know About Short Sales

By Mark Ainley Thursday, August 5, 2021

One of the most important team members that real estate investors rely on is their attorney. Not all closings are created equal and Gina Diaz explains some of the closing nuances both through the eyes of an attorney and as an investor. Gina provides great insight into how to succ...

How to Finance My Chicago Rehab

By Mark Ainley Wednesday, August 4, 2021

Possibly the biggest consideration when taking on a rehab project is how to finance the deal. We’ve all considered hard money, FHA has their 203K loan program, and we’ve probably seen a late night commercial or two about financing. Perry Farella of Prime Lending talks...

How is Illinois REALTORS Helping Chicago Investors?

By Mark Ainley Sunday, July 25, 2021

We all know about the numerous laws either being proposed or already enacted affecting housing providers and investors. Groups like the Illinois Association of Realtors, the NBOA, CAR, and others are working every day to keep laws fair and protect the people. Gideon Blustein, is ...

Should I Invest in Chicago Multi-Family

By Mark Ainley Tuesday, July 20, 2021

Lee Kiser is the co-founder of Kiser Group, a member of the Forbes Real Estate Council, and a wealth of knowledge in the Chicago market (and a local musician!). In today’s episode, Lee provides his thoughts on how today’s hot market differs from 2005, how institutiona...

Where to Invest in the Northwest Side of Chicago

By Mark Ainley Friday, July 16, 2021

One of the most important allies to an investor is the broker they work with. Gloria Weikert runs the X-Plus team and has a specialty in helping clients buy investment properties. In today’s episode, Gloria gives some insight on what it takes to win deals in a competitive m...

How to Succeed in the Changing Real Estate Environment

By Mark Ainley Tuesday, July 13, 2021

With nearly 30 years of experience as a broker, Frank Montro, the King of Chicagoland, shares his thoughts on how the industry has changed from the early ‘80s through today. While touching on strategies his team uses to generate business, and cementing what it takes to succ...

How to Build a Real Estate Empire in Chicagoland

By Mark Ainley Tuesday, July 6, 2021

Be honest and ask yourself..what have been my excuses thus far for living the life I want? Farrah Ali was a single mom who found herself in debt and working full time. However, that did not deter her from financial freedom. Listen to her incredible story and how it has impacted a...

What are the Room Requirements For Section 8 Tenants in 2021

By Mark Ainley Thursday, July 1, 2021

We know lots of our readers are interested in all aspects of Section 8. Since 2020 the Section 8 Housing requirements have not changed, but make sure you stay informed. We have built a Section 8 Housing resources page on our website to help answer any questions our readers might ...

Five Reasons Why You Don’t Need a Property Manager

By Mark Ainley Wednesday, June 30, 2021

Let me start by saying: I do truly believe in the use of property management from the investor standpoint. But I know plenty of poorly run property management companies exist that make the really good ones look bad. You could also provide many examples where you don’t need ...

Changes For Short Term Rentals In Chicago Is Here

By Mark Ainley Friday, June 25, 2021

Once again Investors in Chicago are going to have to pivot their business operations or even the entire model with the new rules that went into effect June 1, 2021. This time the changes are for property owners that are renting out their condos, apartments, and homes to sho...

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