Connected Management Blog

Owning Rental Property in 2021: The Outlook When it comes to owning rental property, there are always risks and concerns in your mind. However, if you waited until now to do so, you may have even more concern about the outlook in 2021. It is important to remember that while the coronavirus has hit the economy very hard, rental markets and property markets always bounce back. The housing market can take hits and come back as property is always in demand. If you’re in the market to find property management in Chicago to get your feet wet in the rental game,...

Renting During a Pandemic While you had big dreams for your rental investments, you may find yourself dealing with a unique situation on your hands. Many owners are finding that the COVID 19 pandemic has made rentals difficult. That’s why it’s important to take stock of your current situation and consider hiring a Chicago property manager. Here at Connected Management, we provide a wide range of services to help you stay on top of your rental properties. We work directly with small to medium apartment or condo complexes to help you stay on top. While most thought this would be over...

5 Questions To Ask Before Hiring A Property Manager Some of you may be looking for a property manager and you’re not sure what to ask the company you are considering. Some of you may already have a list a mile long of what you’re going to ask your potential Chicago property management company. However, consider adding these five questions to your list as well. These are a few ways to help you get to know more of what to expect when it comes to hiring someone to take care of your rental investment. How many other rentals do you currently...

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...

Top Tips for Advanced Tenant Screening Veteran rental property owners will agree that the key factor to long-term profits is quality tenants. Once you find a good tenant, you can be set with a renter for years. It is important to implement advanced tenant screening in your rental process and avoid cutting slack to individuals who which to rent from you as you may lose out in the end. By following a few top tips below and continuing to work with your Chicago property management company, you can be successful in your renting endeavors. Develop Qualification Criteria and Document It Of...