Connected Management Blog

Helping condominium board members run a successful community.

Subcategories from this category:

Maintaining your Property

Rent Collections: How a Property Manager Can Help

bank banking Rent Collections: How a Property Manager Can Help As a rental property owner, you rely on the monthly rent paid by your tenants. The rent payments collected will be used in a variety of ways, such as paying for the property mortgage, upkeep, insurance, etc. When you own multiple properties, you must take great care to ensure rental payments are made on time. When they are not, you will have to charge a late fee and continue with the collections process as needed. Often times when working by yourself, the process of collecting rent can become difficult. With the help...
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Rental Property Problems You Don’t Anticipate

adult female headache Rental Property Problems You Don’t Anticipate As a rental property owner, you have certain expectations for your business. You know that you will stay busy with the upkeep of your property, handling tenant needs and investing back in your business, but there are problems that coincide with rental properties that you probably have not thought about. If you own one or two rental properties, then you should be able to easily manage the needs of the business. However, once you begin investing in several properties, you will soon find that you are overwhelmed by all there is to do. Once...
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Choosing the Right Chicago Rental Property

architecture balcony brick Choosing the Right Chicago Rental Property Are you new to the rental investment game? Are you considering buying a Chicago condominium and you’re not sure where to start? This is the article you’ve been waiting for! As a real estate investor, you want to make sure that the properties you purchase are easy to fill with quality tenants. How do you do that? There are a few things to keep in mind when you’re looking for Chicago properties to invest in. Here are a couple of tips to ponder while you’re checking out Chicago properties and property management companies. How...
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Habits Your Chicago Property Management Company Should Have

habits Habits Your Chicago Property Management Company Should Have Hiring a property management company in Chicago to take over your investment properties is a huge process. It isn’t something you should go into lightly and you should feel confident that your property and your tenants are well taken care of. Making sure that Chicago property managers you hire have these skills on their side is important. It will help you have peace of mind that they are capable of maintaining your buildings while protecting your investment. Make sure to talk with your potential property company in Chicago to see if they...
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Tips to Make Property Ownership More Efficient

Efficiency Tips to Make Property Ownership More Efficient As a property owner in Chicago, you may be wondering how you can not only run your condominium efficiently, but also how you can make the most of your investment. Owning real estate as rental properties usually means you have multiple sites. When doing so, you need to make sure everything runs smoothly for each property. Here are a few tips to ensure your property management in Chicago is smooth and effective at every turn. Well-Checks on Tenants Make sure to include small things such as changing out lightbulbs if your tenants can’t...
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