Connected Management Blog

Why Work With Property Management Companies Investing and owning rental property is a great way to grow your portfolio. However, it can also be quite stressful. When it comes to Chicago property management, it can be overwhelming trying to keep up with it all, much less if you have multiple locations. That is why so many seasoned rental property owners choose to work with a Chicago property manager instead of doing it on their own. As the owner of a small to medium condominium in the city, consider these benefits to working with a property manager in Chicago before you do...

Breaking the Lease: What To Do If Your Tenant Never Moves In Finding quality tenants is hard enough to do on your own. What happens when you find a tenant that decides at the last minute not to move in? This breaking of the lease before moving in could happen due to a number of reasons. For example, they may have transferred their job or had an emergency come up that they weren’t expecting. Whatever the case is, how do you respond? What are the steps you should take to ensure you don’t get left in the dust? There are many...

Rent and COVID-19: How to Help Your Tenants During This Time of Crisis As a rental condo owner, the current market is a difficult one to navigate. Across the world, people are under stay at home orders, with millions of people having lost their employment status. In the US, the federal government has provided stimulus funds, but many people still have not received this money, nor is it enough to sustain everyday life. With your rental properties, you may begin to see your tenants have a hard time paying their monthly rent. Use your Chicago property management company to work on...

Preparing For Fallout Of Covid-19 As a property owner or manager, you’re probably seeing some of the fallout of the COVID-19 pandemic already. Perhaps you’re dealing with tenants who’ve paid rent for April but May has now arrived. What do you do if you’re not receiving rental payments during this time? How can Chicago property managers prepare? Here are a few things to look for as you approach a new month while still on lockdown in many locations. Know Demand Is Dropping Your rental demand may be on a decline. This is a trend that was shown in the last RealPage...

Why Should You Work With A Property Management Company? Taking care of your own condominium is both exciting and overwhelming. There are many aspects of managing a property you must consider when it comes to taking on that job yourself. While you may feel you can handle all of this on your own, hiring a Chicago property manager can help you do so much more than you imagined. Here are a few reasons you should consider working with a Chicago property management company such as Connected Management. Free up your time – Managing an investment property such as a condo takes...