Connected Management Blog

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...

What to Look for in a Property Management Company As an investor in property in Chicago, you want to carefully consider your options when it comes to running and managing your properties. It is important that if you intend on investing in more than one location, you consider hiring a Chicago property management company. There are many benefits to leaving the everyday running of your condominium to someone who is skilled and experienced in this matter. From securing quality tenants to managing the maintenance and repair requests, you want someone in charge of your Chicago property that knows how to...

Tips for Buying an Established Rental Property As a real estate investor, you may be inclined to buy a property in Chicago that is already inhabited by tenants who’ve been there for some time. When you inherit tenants that are established, it can be quite a daunting task to know how to handle the situation. There are some ways you can make this transition easier by working with the tenants and your property management team in Chicago. You want to get to know your tenants while also informing them of any changes and updates they need to know to keep...

Bring Your Property Management Into The Digital Age! Are you a board member or investor that is still taking payments through a person or through the mail? How do you manage the day-to-day aspects of your commercial or residential properties? Are you really on top of the management aspect as you may think you are? Have you ever considered streamlining the process with digital rental and association management software? All of these questions can easily be answered by working with a property management company in Chicago. You can bring your rental properties into the digital age with software made accessible...

6 Benefits of Hiring a Property Management Company Are you considering investing in rental property in Chicago this spring? If you are looking to expand your portfolio or to get started in rental property investment, you need to consider the immense benefits you’ll gain by having a property management company on your side. While you may think you can manage the condominium in Chicago yourself, there are many advantages to working with a Chicago property management company instead. Take a look below at these six benefits you can obtain by working with a manager. Quality Tenants When it comes to...