One of the things that Chicago landlords fear the most is having a tenant who doesn’t pay rent. That’s understandable; you have your own financial obligations to meet, and some of them probably rest on the incoming rent you should be receiving.
Change can be unnerving, especially when it comes to making a change that affects a large financial investment. However, it’s often necessary, especially in the pursuit of your investment goals. If you’re not getting the service you need or expect from your Chicago property management company, it might be time to look for an upgrade.
When you own a Chicago rental property, you’re required to maintain it. Responding to routine and emergency maintenance requests from your tenants is one of your responsibilities, and hopefully you take it seriously. Preventative maintenance is also important. It...
A vacant Chicago rental property is expensive. Not only are you not bringing in any rental income, you’re also paying out of pocket for utilities, maintenance, landscaping, and other property-related expenses. Every smart investor wants to keep vacancy to a minimum. ...
When it comes to investing in Chicago real estate, buyers have a lot of options. One area that many investors don’t pay enough attention to is Section 8 housing. There’s a bit of a stigma attached to housing programs among some rental property owners, but if you move...