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5 Tips You Should Keep in Mind Before Buying Investment Property Investment property in the Chicago area is a great way to grow your portfolio while offering a much-needed service to the community. You can purchase a Chicago condo as part of your investments and improve the area around you. However, before you go out and buy property, there are a few things you need to keep in mind. Property management in Chicago means more than just owning a property and walking away. Here are five things you should know before you buy an investment property. You Need to Be Accessible...

Why Should You Trust Connected Management? Managing a Chicago condo association is both exciting and exasperating at the same time. It is important that you have the right support you need to make sure your community runs smoothly. That is where Connected Management comes in! They specialize in small to mid-size condominium associations in Chicago and offer a variety of management services to fit all your needs. You can rest assured that your condo and your community is in the right hands with this team. They can assist you with everything from financial and maintenance coordination and making sure you’re in...

Misconceptions About Chicago Property Management When it comes to taking care of your investment property, you may feel you have to do it all yourself. This is not true! Running your property management by yourself can be very overwhelming. There are repairs that come at all hours of the night, rental fee collection, eviction of tenants, finding quality tenants, and more. Taking care of all that yourself can seem like a never-ending task. Chicago property management can help alleviate that stress and the hassle. There are many misconceptions about hiring a Chicago property manager. Take some time to go over these...

6 Must-Ask Questions Before Hiring a Property Manager When it comes to hiring a property manager in Chicago, it is essential to hire a company that is experienced and knowledgeable, offering you everything needed to ensure rental success. When you are on the hunt for a property manager, there are key questions you can ask to find out more about what the company or individual can offer you. Jot the questions below down and use them as your guide to find the best property manager for your rental property business. #1. How Long Have You Been in Business? To begin, find...

Advantages of Working with a Property Management Company As a small to mid-size condo owner in Chicago, the everyday tasks of management can be taxing. You may be under the impression that you can do it all on your own. While that is possible, it is not always the best option to take. There are many advantages to allowing an experienced property management team in Chicago to take over those daily tasks for you. Below you’ll see some of the many advantages of working with a company such as Connected Management. Through experience and skill, they have built a team that...

Prepare Your Chicago Condo for the Fall! Living in Chicago brings its own personal enjoyment throughout the year. However, one thing it is sure to bring is cold fall and winter temperatures. When you live in a Chicago condo association, you want to take every advantage you can to help reduce the cold temperatures coming in your home. There are several projects you can take care of during the next few weeks to help you make sure you’re ready for fall and winter to arrive. While fall officially arrived in September, you can still make sure you’re prepared with these tips...

5 Things You Need to Know About Property Management You Might Have Missed As a new rental property owner, you will soon discover that Chicago property management is hard. From finding tenants to ensuring your property stays in quality condition, there are daily steps that need to be taken. Over time, you begin to find out that you missed a few things when considering managing your property on your own, such as how hard it can be to evict someone as well as finding maintenance help. Overall, the best option for your rental property is to have a team of management...

Top Five Misconceptions About Property Management Companies If you’re an investment property owner, you know the time and effort it takes to manage your property. If you have more than one property, you can double or triple that time it takes to ensure all your tenants and properties are taken care of. Many investment owners consider hiring a property manager in Chicago to assist them but are overtaken by the common misconceptions out there. Property management in Chicago is a great way to help you maintain your initial investment while also building your portfolio. Check out these common myths believed about...

Why You Should Offer Online Rental Payments In today’s world, most everything is done online. From shopping to interaction with friends, we use the internet on a daily basis. When it comes to your rental property, why not offer online rental payments as well? As technology continues to advance, rental properties have more ways to provide convenience to their clients. Learning more about online payment options will ensure you can provide your tenants with the best and most convenient options for making payments. The Online Advantage Think about this. How many bills do you pay online? If you are like most...

Property Management Don'ts As a property investor or soon to be one, you’ve probably heard all the “do this and do that’s” out there. However, have you ever heard what NOT to do when investing in property? Maybe not. So here’s your chance! Being a property manager in Chicago can be quite stressful, but it doesn’t have to be. Be sure you take a look at these don’ts when you’re hiring a management team, investing in more property, or just starting out. Don’t Micromanage Hiring a Chicago property management team is a great way to take the stress off of you...

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...

Fall Property Management Preparation Tips When it comes to managing a Chicago condo, there are many aspects you may not think of. From preparing for new tenants to preparing your property for the fall and winter, the day-to-day can be overwhelming. Property management is more than just collecting rent and changing air filters. If you’re new to an investment property or you’re needing a refresher, here are some of the things you should do to help ensure your condo is ready for the fall and winter seasons. HVAC Filters These filters should be changed at least once a year. These are...

Have You Brought Your Condo Association into the Technology Age? As a condo association board member, it is important that you have the most up-to-date methods for paying assessments and collecting association fees possible. Your residents typically live busy lives and they want to be able to electronically pay for their assessments as they do their other bills. It is important when you’re trying to encourage timely payments that you are able to offer them the easiest, convenient way to pay. That is where Connected Management comes in. They provide you with a myriad of services that include online payments and...

Finding the Right Property Management Team When it comes to being a board member within a condo association in Chicago, it can be an exciting experience. It can also be quite overwhelming when you do not have the right team in place to help you oversee the day-to-day operations of running an association. That is where Connected Management comes in. Our team is highly trained and experienced in all aspects of condo management and is here to assist you in getting the best of the best out of your management team. Our team offers a variety of services to help provide...

Top 6 Reasons for Partnering with Connected Management Are you a property owner and looking for a great company to take over the day-to-day? Whether you’ve been an investment owner for a while or just getting started, there are many different benefits you can reap by partnering with a solid, experienced management company. Connected Management has been in business for years and offers a great package to help you run your small to medium condominium in Chicago efficiently and effectively. Whether you need a Chicago property manager to help with multiple properties or just one, take a look below at the...

Are You Struggling to Manage Your Apartment Rental? Being a property owner is an exciting adventure. Being an investment property owner can be both exciting and quite overwhelming. When you’re first getting started with rental property, you may feel as you don’t need to hire a property management company. You probably feel like you can do that part on your own. After all, why spend money if you don’t have to? However, most investment property owners soon find out that managing a Chicago apartment rental is not as easy as it might seem to start with. You have to constantly be...

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...

Maintenance Tips You Need to know As a Property Owner in Chicago When owning rentals in Chicago, it is important to take the right steps to ensure that your property is maintained. Whether it be apartment buildings, a condominium, other residential space or a commercial building, your property needs to be in excellent shape so that your tenants will continue to rent from you month after month. Below are a few maintenance tips that should be followed by you or completed by your Chicago property manager. HVAC Checks Your tenants want to be comfortable and HVAC systems play a vital role...

5 Tips on Buying Investment Property in Chicago If you are considering investing in property in Chicago, one of the best ways to make money is to look at rental options. From apartment buildings to commercial property, there are many ways you can invest and turn a profit. Below are a few tips to get you started learning more about investing in Chicago properties helping to ensure your success. Know the Market First, it is smart to know the market. What type of rental properties are the best for investing? Depending on your budget, you may be better offer purchasing a...

How Do You Keep Good/Quality Tenants in Chicago? Being a property owner of investment property can be an exciting prospect. If you’re new to rental property investment, you may have pipe dreams of how it should be. You may think that you’ll find perfect tenants and that they will live there forever. While that would be fantastic, that is not how Chicago property management actually works. Too often you’ll find that the good tenants don’t stay and the tenants you want to move in, are few and far between. So, how can you keep the quality tenants you do find? How...