Connected Management Blog

Budget constraints are an ever-present reality for Condo boards, and unexpected breakdowns and emergency repairs can emerge as the ultimate recipe for disaster in a lingering financial crisis. That’s why condo associations that stay ahead of issues rather than simply react are at an advantage compared to those that don’t. Preventive maintenance for condos relies on creating structured plans and schedules that can substantially contribute to the life of critical assets, lower expenditures, and eventually lead to smoother operations for the entire community. This not only spares them from last-minute hassles but helps them build an image of a financially responsible...

Coordinating repair, maintenance, and improvement projects is perhaps the most critical and most stressful aspect of being on a condo board. From landscapers to elevator techs, coordinating multiple vendors can become a full-time job. With the proper strategy (and with the proper support), vendor management doesn’t have to be daunting. With property management for condos done right, your board can save time and money while keeping your community running smoothly. 1. Why Vendor Management Matters for Condo Boards Providing essential services is the duty of every condo association, including cleaning, landscaping, snow removal, security, HVAC maintenance, and more. Towards this end,...

Small details are frequently forgotten, especially if the problems seem like they need to be more urgent. But, a buildup of these little issues will inevitably result in more serious ones. If you're still unsure as to why keeping properties in the best shape through Chicago property management is essential, keep reading as we go over the primary benefits of it: Protected Property Value Property is a form of investment bought with the hope that its value will increase overtime. If you decide to sell it in the future, a well-kept property will generate more interest and sell for more money...

As we move forward into the future, property management companies are embracing innovative solutions to enhance efficiency, improve the resident experience, and optimize Chicago property management. 1. Embracing Automation and Artificial Intelligence One of the key aspects shaping the future of property management is the widespread adoption of automation and artificial intelligence (AI) technologies. Property managers can automate routine tasks, streamline processes, and gain valuable insights from data analysis by incorporating smart systems and AI-powered solutions. This enables them to allocate more time and resources to building strong relationships with residents, delivering personalized services, and enhancing overall operational efficiency. With automation...

Too often smaller condominium associations feel they can’t find proper property management in Chicago. That is not the case. Working with a specialist in smaller associations, such as Connected Management, can help you get where you need to be. We work with smaller Chicago condominium boards to help with all aspects of managing your community. We provide a wide range of property management services in Chicago. These include: Collection of Assessments - All association dues and special assessments will be collected from your owners on a monthly basis.Treatment of Delinquencies - When a unit owner becomes past due in the payment...