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Finding the right property management team in Chicago can be overwhelming. Perhaps you’ve been burned by things in the past that didn’t go the way you thought they would. Whatever your past experience with management teams, you can have a great one if you know what to look for. Knowing the top four questions to ask your potential Chicago property management team. The following questions will help you to determine if the team you’re discussing future business relationships with is a good fit for your condominium. Whether you are new to the market or you’re a seasoned investor, these tips will...

When it comes to owning a condo and the associations involved, you want to have a team of expert Chicago property managers on your side. You want to know that you can easily access records any time, anywhere and have it all in the convenience of your smart phone. That’s why Connected Management can provide. Years of service to our small and medium condo associations around the Chicago area have led us to create a smart, innovative online toolbox to help you get the most out of your property management in Chicago. Take a look below at what we offer and...

Small details are frequently forgotten, especially if the problems seem like they need to be more urgent. But, a buildup of these little issues will inevitably result in more serious ones. If you're still unsure as to why keeping properties in the best shape through Chicago property management is essential, keep reading as we go over the primary benefits of it: Protected Property Value Property is a form of investment bought with the hope that its value will increase overtime. If you decide to sell it in the future, a well-kept property will generate more interest and sell for more money...

As a condo board member, you find yourself juggling multiple responsibilities in the vital interests of the larger community. More often than not, you have to step up in the role of a mediator in the face of conflict, whether the complaint is related to noise, unpaid assessments, or repetitive rule violations. If handled improperly, these issues can snowball quickly and throw you into a dilemma. However, with a clear process in place and the right support, boards can be well-positioned to tackle such residents with tact and professionalism to maintain harmony among residents. Record all Interactions The primary rule of...

The end of summer marks the beginning of a critical task for those involved in condo boards- preparation for the upcoming budget. Of all board activities, budgeting is undoubtedly the trickiest and complicated, but it is key to keeping your building up and running while earning the trust of your owners.  Here’s a step-by-step guide to give you the confidence to master budget season, whether you self-manage a board or work with a property management partner. 1. Review Current Financials and Reserve Funds Scan your year-to-date financial statements to assess whether your operating budget is still on track or your reserves...