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Management Tips For The Holidays As the holiday season is fast approaching, there are a few property management tips you can utilize to help make the season festive and safe. There are a few items you can keep in mind to help you to be a safe property manager in Chicago. It’s important that you are making sure your tenants are reminded of the tips they can use as well. If you’re ready to make sure your condo in Chicago is ready for the season, here are some guidelines to ensure it is done. Heat Working Make sure that the heat...

Owning Rental Property in 2021: The Outlook When it comes to owning rental property, there are always risks and concerns in your mind. However, if you waited until now to do so, you may have even more concern about the outlook in 2021. It is important to remember that while the coronavirus has hit the economy very hard, rental markets and property markets always bounce back. The housing market can take hits and come back as property is always in demand. If you’re in the market to find property management in Chicago to get your feet wet in the rental game,...

Renting During a Pandemic While you had big dreams for your rental investments, you may find yourself dealing with a unique situation on your hands. Many owners are finding that the COVID 19 pandemic has made rentals difficult. That’s why it’s important to take stock of your current situation and consider hiring a Chicago property manager. Here at Connected Management, we provide a wide range of services to help you stay on top of your rental properties. We work directly with small to medium apartment or condo complexes to help you stay on top. While most thought this would be over...

5 Questions To Ask Before Hiring A Property Manager Some of you may be looking for a property manager and you’re not sure what to ask the company you are considering. Some of you may already have a list a mile long of what you’re going to ask your potential Chicago property management company. However, consider adding these five questions to your list as well. These are a few ways to help you get to know more of what to expect when it comes to hiring someone to take care of your rental investment. How many other rentals do you currently...

Breaking the Lease: What To Do If Your Tenant Never Moves In Finding quality tenants is hard enough to do on your own. What happens when you find a tenant that decides at the last minute not to move in? This breaking of the lease before moving in could happen due to a number of reasons. For example, they may have transferred their job or had an emergency come up that they weren’t expecting. Whatever the case is, how do you respond? What are the steps you should take to ensure you don’t get left in the dust? There are many...

Top Tips for Advanced Tenant Screening Veteran rental property owners will agree that the key factor to long-term profits is quality tenants. Once you find a good tenant, you can be set with a renter for years. It is important to implement advanced tenant screening in your rental process and avoid cutting slack to individuals who which to rent from you as you may lose out in the end. By following a few top tips below and continuing to work with your Chicago property management company, you can be successful in your renting endeavors. Develop Qualification Criteria and Document It Of...

How to Use Online Rental Listings to Attract Quality Tenants As a rental property owner, you want to keep your properties filled with tenants. At this time, the coronavirus pandemic is still an issue, so it makes it difficult for property owners to have an open house for listings or to provide other types of physical promotion. Online rental listings have started to take over the industry for the past few years and are very relative today. With a quality online rental listing, you can easily attract renters during the pandemic and keep your properties full. But how do you use...

Online Assessment Payments: The Future is Now Years ago, the only way to pay HOA dues was to mail in a check or provide payment in person. Today, technology changes has made it possible for residents to make their payments online and most prefer this method. For condominium board members, a qualified Chicago condo management company can easily provide this service, helping owners to make payments on time and online. As the coronavirus pandemic continues to be an issue, it seems that online payments are growing, providing a secure and immediate form of payment in a social distancing world. Keeping Up...

Questions to Ask Potential Property Managers Managing a multi-family property on your own can be overwhelming. It can also be quite frustrating to try and find a property management company in Chicago that you can rely on. However, there are a few questions to keep in mind when you’re interviewing management companies that will help you weed out the candidates quickly. Be sure that you keep these in mind and ask them if you’re looking at hiring a property manager in Chicago. What type of tenant relations do you offer? – What type of tenant services do they provide? You may...

Advantages of Online Record Keeping in Property Management Whether you’re a property owner or manager, there are many advantages to going online with your record keeping. Chicago property management has never been easier than when you work with the talented associates at Connected Management. Here you’ll find the latest technology available to you in keeping all of your reports in one convenient place. There are many benefits to this service, and you can discover more about them below. Everything In One Place The sheer convenience of this technology is a huge advantage to property owners and managers. Everything is all in...

Topmost Profitable Moves Rental Property Owners Can Make A successful rental property owner will typically invest in more homes and create good business practices that enhance their ability to turn a profit. It takes hard work and constant dedication to be successful. But what else does it take? What moves can you make as a rental property owner to be more profitable? Check out a few tips below that when practiced regularly will help you to see even greater success. Look Further Than Rental Rates When you are planning to purchase a new rental property, calculating the rental rate of the...

5 Tips For Chicago Property Managers Owning and managing a property can be a great experience. However, it can also be overwhelming when you truly boil down everything that is needed. As a Chicago property manager, there are a few things to keep in mind to help you avoid costly fees or trouble down the road. These five tips below will help you manage your condo safely and protect yourself during the process. Document Everything It is highly important in this day and age that you document each interaction you have with a tenant. This protects you and the tenant should...

Tips To Reduce Summer Turn Over As a property manager in Chicago, you need to find the best ways to retain tenants in your complex. You want to reduce the summer turn over rates that can be quite high. Keeping a few tips and tricks in your back pocket this summer will help you to increase your retention rate as you go into the fall and winter months. Here are just a few ideas to keep in mind. Understand The Reasoning There are many reasons behind people moving out of your complex. It could be that they have a job change,...

Condo Management 101: How to Get Rid of Mold Mold is a serious problem, one that you don’t want to have to deal with in your condominium association. However, it can happen. A leaky plumbing pipe or water damage in an unseen area of the property can easily lead to a mold issue. Mold can be tricky to detect and expensive to remove. It is essential to find mold problems quickly so that the issue can be taken care of as soon as possible. Learn more about mold detection and remediation. Then rely on your Chicago condo management team to get...

Summer Season: Up Your Property Management Game with Top Tips As a rental property owner, it is important to have changing management plans as the seasons change. Each new season comes with its own set of problems and requirements. As summer approaches, it is important to consider the needs of your properties associated with this season. Below are a few top tips to follow to help your properties remain successful with tenants happy and content. Outdoor Amenity Check If you offer a rental property with outdoor amenities, you need to be sure that these options are functioning properly. Take a condo...

Rent and COVID-19: How to Help Your Tenants During This Time of Crisis As a rental condo owner, the current market is a difficult one to navigate. Across the world, people are under stay at home orders, with millions of people having lost their employment status. In the US, the federal government has provided stimulus funds, but many people still have not received this money, nor is it enough to sustain everyday life. With your rental properties, you may begin to see your tenants have a hard time paying their monthly rent. Use your Chicago property management company to work on...

Easy Landscaping Tips for Your Condo Association As a board member of a condo association in Chicago, you need to ensure the landscaping of your property is well taken care of. With a nice visual presentation on the outside, potential residents will be ready and willing to make your association their home. Quality landscaping keeps your property looking fresh as well as maintains the value of your land. By just utilizing a few simple tips, you can keep track of regular landscaping and keep your residents happy and content. Setting Landscaping Appointments If you are self-managing your association, setting landscaping appointments...

Preparing For Fallout Of Covid-19 As a property owner or manager, you’re probably seeing some of the fallout of the COVID-19 pandemic already. Perhaps you’re dealing with tenants who’ve paid rent for April but May has now arrived. What do you do if you’re not receiving rental payments during this time? How can Chicago property managers prepare? Here are a few things to look for as you approach a new month while still on lockdown in many locations. Know Demand Is Dropping Your rental demand may be on a decline. This is a trend that was shown in the last RealPage...

Dealing with Tenant Issues During COVID-19 As a rental property owner, it is not uncommon for you or your Chicago property management team to deal with tenant issues. Be it disagreements among neighbors, issues with an apartment, rent concerns, etc. Problems can easily be solved with the right communication. However, how do you deal with issues during the COVID-19 outbreak? Many tenants have lost their jobs and are afraid of being sick. How do you balance helping your tenants as well as keep everyone healthy at the same time? Telephone or Online Communication When it comes to communication at this time,...

How to Stay Connected to Residents While Social Distancing As a condo association board member, you must stay in contact with your residents to be successful. With the recent outbreak of Covid-19, you may be wondering how to stay connected to your residents while social distancing. It is recommended that everyone self-isolate to help slow the spread of the virus. So, how do you handle owner-issues during this time? What can you do differently to protect yourself as well as your residents? Below are a few tips to help you stay connected. Connect Via Social Media One way you can stay...