Connected Management Blog

Helping condominium board members run a successful community.

Are You Struggling to Manage Your Apartment Rental?

struggle Are You Struggling to Manage Your Apartment Rental? Being a property owner is an exciting adventure. Being an investment property owner can be both exciting and quite overwhelming. When you’re first getting started with rental property, you may feel as you don’t need to hire a property management company. You probably feel like you can do that part on your own. After all, why spend money if you don’t have to? However, most investment property owners soon find out that managing a Chicago apartment rental is not as easy as it might seem to start with. You have to constantly...
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5 Things You Should Know Before Buying Investment Property

chicago aerial 5 Things You Should Know Before Buying Investment Property So, you’re considering buying a property to rent out to other tenants? That is a great way to build your investment portfolio and to offer something to your community. However, there are many things you should know before you get started. Whether you already have your eye on a Chicago property or you’re just getting started, keep these five things in mind before you buy your investment locations. Keep Your Emotions Out As hard as it is, you must not buy a property with your heart. You must be logical about...
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Maintenance Tips You Need to know As a Property Owner in Chicago

tip jar Maintenance Tips You Need to know As a Property Owner in Chicago When owning rentals in Chicago, it is important to take the right steps to ensure that your property is maintained. Whether it be apartment buildings, a condominium, other residential space or a commercial building, your property needs to be in excellent shape so that your tenants will continue to rent from you month after month. Below are a few maintenance tips that should be followed by you or completed by your Chicago property manager. HVAC Checks Your tenants want to be comfortable and HVAC systems play a vital...
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5 Tips on Buying Investment Property in Chicago

Number Five 5 Tips on Buying Investment Property in Chicago If you are considering investing in property in Chicago, one of the best ways to make money is to look at rental options. From apartment buildings to commercial property, there are many ways you can invest and turn a profit. Below are a few tips to get you started learning more about investing in Chicago properties helping to ensure your success. Know the Market First, it is smart to know the market. What type of rental properties are the best for investing? Depending on your budget, you may be better offer purchasing...
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How Do You Keep Good/Quality Tenants in Chicago?

two hands How Do You Keep Good/Quality Tenants in Chicago? Being a property owner of investment property can be an exciting prospect. If you’re new to rental property investment, you may have pipe dreams of how it should be. You may think that you’ll find perfect tenants and that they will live there forever. While that would be fantastic, that is not how Chicago property management actually works. Too often you’ll find that the good tenants don’t stay and the tenants you want to move in, are few and far between. So, how can you keep the quality tenants you do find?...
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