Connected Management Blog

Renovating Your Chicago Condominium? Things to Avoid When you’re a property owner in Chicago, you want to make sure that your investment property is rented at all times. Sometimes your tenants will stay for years, but inevitably, they will leave, and new tenants will look at your building. As a Chicago condominium owner, you sometimes need to invest in the property and renovate your current apartments. It can be as simple as a fresh coat of paint or a total remodel of an entire floor. Working with your Chicago property management company can help you to get the job done...

Maintenance on Your Condominium: Why You Should Consider Someone Else You own one or possibly multiple Chicago properties in the big city and you’re trying to do all the maintenance yourself. Have you gotten overwhelmed yet? While it’s admirable to try and maintain all the properties by yourself, as a property owner in Chicago, your best bet is to hire a property management company to handle all those tasks for you. There are many benefits to hiring a management company that can handle the day-to-day tasks of maintenance and rent collection for you. Take a look below to discover all...

Tips for New Landlords in Chicago Are you just now getting into the real estate investment market? If you’re a new landlord, you may be feeling overwhelmed and a little anxious about your new adventure. Managing a Chicago condominium can be quite a daunting task at the beginning. You may be curious as to what you are responsible for, should you hire a Chicago property management company, how you will go about finding tenants, and what your safety requirements are as well. All these questions can seem to take over your excitement at becoming a new Chicago investment property owner....

Tips for Finding Great Tenants The lifeblood of any rental property is the tenants you place in the property itself. Whether you have bought an established property with tenants in place or you’re looking to find new tenants, there are a few things to keep in mind as a Chicago property owner. You not only want tenants that pay the rent, you want tenants you can trust to take care of the condominium like you would. You want tenants that will take pride in the home and help to make sure that other tenants want to stay around as well....

Tips to Handle Rent Increases as a Landlord A hard and fast truth is that the price of everything is going up. From the price of milk to gasoline fluctuations, the economy tends to be on an upward trend of raising prices. That also means the cost of living increases and even mortgage payments if you’re not on a fixed rate. One issue this can lead to is having to increase the rent your current tenants pay for their Chicago condominium. Rental increases for new tenants is simple as they’ve never rented from you before. However, rental increase with current...