Connected Management Blog

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...

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...

Marketing Your Properties: How to Use Social Media to Your Advantage When it comes to marketing rental properties today, social media is a top option. Millennials are the larger clientele demographic and they use social media frequently for their consumer needs, such as shopping and rentals. The best way to find millennials for your properties is to focus on social media marketing. Use a Chicago property management team to not only provide quality services for your property but up your game and include social media management as well. Promote Your Available Properties By setting up a company social media page...

How to Create and Enforce a Guest Policy Within Your Condo Rental As a rental condo owner, you are responsible for the people who live within your building. It is important to screen potential tenants carefully and craft an agreement that clearly defines the residents in the space. While operating your condominium, you may find that certain tenants have guests that you think are temporary visitors. But what do you do when they become an ongoing occupant within the property? Tenant and Guest Definition A tenant is the person or persons that you have signed a contract with to pay...

Condo Management 101: Understanding the Power of Social Media As a condo rental owner, you most likely promote your rental locally via flyers or perhaps classified ads. You may even use radio advertisements to get the information out to the local public about your property. While these options can work, today’s tenants are basically online only. One of the best options for promoting your rental property is with social media. Learning how to use the many options or rely on your Chicago property manager to do it for you, will ensure that your property is noticed and occupied long-term. Update...