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5 Things You Should Know Before Buying Investment Property So, you’re considering buying a property to rent out to other tenants? That is a great way to build your investment portfolio and to offer something to your community. However, there are many things you should know before you get started. Whether you already have your eye on a Chicago property or you’re just getting started, keep these five things in mind before you buy your investment locations. Keep Your Emotions Out As hard as it is, you must not buy a property with your heart. You must be logical about the...

Choosing Your Property Management Team When you’re an investment property owner, taking care of all of the day-to-day tasks can take over your life. There’s the everyday maintenance, rent collection, repair emergencies, and dealing with finding new quality tenants. What if you could thrive as a property owner? What if you could get rid of all the stress and hassle of the everyday property management tasks in Chicago by working with a talented team? That is exactly what happens when you choose the team at Connected Management. They are highly trained and experienced in making your life easier when it comes...

Condo Management 101: Understanding the Power of Social Media As a condo rental owner, you most likely promote your rental locally via flyers or perhaps classified ads. You may even use radio advertisements to get the information out to the local public about your property. While these options can work, today’s tenants are basically online only. One of the best options for promoting your rental property is with social media. Learning how to use the many options or rely on your Chicago property manager to do it for you, will ensure that your property is noticed and occupied long-term. Update Your...

How to Create and Enforce a Guest Policy Within Your Condo Rental As a rental condo owner, you are responsible for the people who live within your building. It is important to screen potential tenants carefully and craft an agreement that clearly defines the residents in the space. While operating your condominium, you may find that certain tenants have guests that you think are temporary visitors. But what do you do when they become an ongoing occupant within the property? Tenant and Guest Definition A tenant is the person or persons that you have signed a contract with to pay rent...

Marketing Your Properties: How to Use Social Media to Your Advantage When it comes to marketing rental properties today, social media is a top option. Millennials are the larger clientele demographic and they use social media frequently for their consumer needs, such as shopping and rentals. The best way to find millennials for your properties is to focus on social media marketing. Use a Chicago property management team to not only provide quality services for your property but up your game and include social media management as well. Promote Your Available Properties By setting up a company social media page on...