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Connected Management Blog

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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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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Do’s and Don’ts of Chicago Property Management

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When you are a property owner in Chicago, you want to ensure that your tenants are there for the long haul. You want to make sure that they are happy and want to continue living in your condo. If not, that could mean a high frequency of turnovers which costs money in the end. Learning the top do’s and don’ts of property management in Chicago can help you to ensure long-term tenancy for most of all your clients. It also makes sure that tenants will take care of their home and enjoy living in the community you’ve built. Consider these tips...

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Benefits of Property Management In Chicago

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If you’re curious about working with a property management company in Chicago, you’ve come to the right place. You’ll be able to see all the benefits of hiring a management company and what you want to know before making the leap. Chicago property management doesn’t have to be complicated or stressful. You can own and manage many different properties without having to worry about late night phone calls or interruptions to daily life. Benefits of Property Management In Chicago For starters, you can rest assured knowing you have quality tenants and shorter vacancy times. A property management team in Chicago will...

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Can a Property Manager Sign a Lease on Behalf of the Owner?

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Property management in Chicago is one of the most in-demand businesses. Investors are pitching in millions of dollars every year in business. There’s a variety of different management services that are also operating in the area, making it a quickly growing industry. According to official records, the property’s square footage contributes around 30% of the property value. However, several technical issues might arise when dealing with real estate. Understanding Property Management Most people working in Condominium management in Chicago have hired a professional property manager who operates on the owner’s behalf. They can take over different roles using the written authorization...

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