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Connected Management Blog

Licensed property management experts, dedicated to the great city of Chicago, Illinois.

What are the Duties and Responsibilities of a Property Owner?

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Being a property owner comes with many rights but entails various duties and responsibilities. Whether you own residential, commercial, or rental properties, it is crucial to comprehend and fulfill these obligations. This blog post will explore the core duties and responsibilities of property ownership and Chicago condo management. Property Maintenance One of the primary responsibilities of a property owner is to ensure regular Chicago condominium management and upkeep of their property. This includes addressing repairs, maintaining cleanliness, and ensuring the safety of tenants and visitors. Regular inspections should be conducted to identify any issues, such as plumbing leaks, electrical problems, or...

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How Property Management Benefits Property Owners

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Hiring a property manager can help save time, money, and stress. It will provide different solutions related to marketing, upkeep, finances, and regulations. You only need to interact with one manager instead of contacting multiple experts or companies. In most circumstances, Chicago property management actually ends up being less expensive. Since property managers have access to a network of contractors, it will be easier to find renters. Lower time is also one of the primary issues for property owners. You might want to handle both your primary work and the rental market if that is your secondary source of income. And...

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Things to Consider Before Hiring a Property Manager

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Do you have various properties that you want to put on rent? If yes, you need a property manager to help you manage your properties. They'll take care of all the technicalities and other paperwork while you can sit back and focus on other things. However, hiring a property manager requires you to focus on different things to find the best one. That way, you don't have to look for another one in a short period. Let's discuss these factors in this article. Factors to Consider When Choosing a Property Manager Keeping these factors in mind will allow you to find...

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What Should be the Principle Values of a Property Management Company?

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In the real estate market, glamour is mostly linked with purchasing, selling, and letting properties. No matter the type of asset or the property’s location, this concept applies almost everywhere. But what about the day-to-day affairs of managing a property? That is where a Chicago property management company comes into play. The property manager can either make a huge difference or will just collect their fees without contributing to any value. Therefore, we’ll be discussing the key things to keep in mind in this article. Principle Values That a Property Management Company Should Have Hiring a company for Chicago condo management...

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Top Challenges of Property Managers Today

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The world of real estate is changing and expanding quickly, with more people investing in commercial and residential properties. In such expanding conditions, the challenges are multiplying for property managers as well, putting a lot of stress on their professionals. According to statistics, around 63% of U.S. citizens own real estate property. If you’re planning to become a part of Chicago property management, it’s necessary to keep the challenges that come with them in your mind. This article will list these challenges and how professionals should counter them. Challenges of Property Managers Property managers deal with different challenges in their profession...

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