Property Management Blog

How to Conduct a Tenant Criminal Background Check in Chicago

Injustice Watch reports that Chicago property owners file over 20,000 eviction cases yearly. Nobody wants to deal with bad tenants - it's a frustrating experience!Renting out your property isn't something to take lightly. Your rental property is a significant investment. ...

Which Up and Coming Neighborhoods in Chicago, IL Should You Be Investing in Now?

Home sales in Chicago are dropping fast; down 37.3% year-over-year in the city alone (Bankrate). This steep decline spells an opportunity for savvy investors ready to dive into the market. When sales slow, competition decreases, opening doors for buyers who are ready to act....

How Often Should a Landlord Inspect Rental Property in Chicago, IL?

Maintaining well-kept rental properties is a cornerstone of successful property management. In Chicago, IL, 54% of households are rent-occupied. This highlights the importance of proactive care.Regular rental property inspections help landlords ensure compliance with Chicago land...

Tackling Lease Enforcement Challenges: A Guide for Chicago Landlords

Enforcing lease agreements can be one of the toughest jobs for landlords. This is especially true in Chicago, where tenant rights are well protected. Several issues can become challenging and threaten your investment.Understanding how to handle these lease enforcement issues can ...

Top Signs You Need Landlord Rescue Services in Chicago Now

Recognizing the signs that you need landlord rescue can save you from costly headaches and protect your investment. Managing rental properties may seem straightforward, but it can quickly become a full-time job filled with challenges. Issues can add up fast, from tenants missing ...

Tenant Screening: Best Practices for Chicago Landlords

Millions of eviction cases are filed by landlords across the country every year, highlighting the challenges of finding reliable tenants. For landlords in Chicago, avoiding costly evictions and troublesome tenants starts with thorough tenant screening. Proper tenant screening not...

5 Effective Rent Collection Strategies for Chicago, IL, Landlords

The average rent in Chicago today is $2,200 per month, according to a report from the Illinois Policy Institute, which means that timely rent collection is more important than ever. For landlords, delays in collecting rent at this price point can quickly add up, making it harder ...

5 Practical Tips for Rental Property Accounting Records in Chicago

The average house in Illinois costs around $280,000, according to World Population Review. Rising house prices have made owning a rental property a lucrative endeavor. Managing rental properties in Chicago can be both rewarding and challenging. As a landlord, keeping your financ...

What Do Chicago Landlords Need to Know about Security Deposits?

Owning a rental property is an amazing way to establish passive income and help you achieve financial independence. However, there are countless nuances of doing so, such as handling security deposits. Whether you're a landlord navigating complex security deposit laws or look...

How to Get Tenants to Renew Their Leases in Chicago

Have you ever heard the phrase, 'It's easier to keep customers than to find new ones'? Well, the same applies to being a landlord.Not only is keeping tenants easier than searching for new renters, but it saves time and money. This means you can earn more with less str...