Connected Management Blog

Property Management During the Holidays Being a Chicago property manager can be overwhelming any time of year. Add in the huge Christmas holidays, and you’re downright frazzled! To make sure that you and your property survive the winter holiday season, here are a few tips to remember when it comes to Chicago property management. Be Accessible However busy you may be, you always need to have some way for your tenants to contact you. Whether it’s an emergency plumbing problem or something else, tenants need to be assured they can reach their property manager when needed. If you’re working with...

Tips to Improve Your Condo Rentals in Chicago When it comes to property management in Chicago, it’s important that you make sure your condominium is appealing to future tenants. There are a few ways you can improve the property without breaking the budget. Here’s a guide to help you get the most out of your condominium property management. New Color Take a look at the building and the units that you own. Do you have any color on the walls or accenting the area? A fresh coat of paint can work wonders to liven up a room. You can always...

Benefits of Property Management You May Want to Consider When it comes to managing your properties in Chicago, you want to make sure you protect your investment as well as your tenants. Choosing a property management company can be overwhelming and you may think you can just do it all by yourself. While one property can be managed alone, when it comes to boosting your portfolio and running multiple properties, property managers in Chicago can come in handy. Here are a few benefits of hiring a Chicago property management company you may want to consider. Fewer Legal Issues Just one...

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...

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...