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10 Things Landlords Need to Know About Handling Repair Requests

10 Things Landlords Need to Know About Handling Repair Requests

The same is true of repair and maintenance costs on a rental property, which can easily spiral out of control if tenant requests are not monitored and handled appropriately. Here are some tips for getting a handle on tenant maintenance and repair requests: 1. Every repair request should be documented. If possible, a repair request…

Property Management Pest Control Tips

Property Management Pest Control Tips

Property management companies, landlords and tenants are all looking to avoid the same thing from happening to their property– an insect invasion. As a Chicago property management company, we know how important it is to keep insects out of all of our properties. Whether you’re a condo management company, retail management company, or an industrial…

Should Smoking Be Allowed in Your Rental?

Should Smoking Be Allowed in Your Rental?

Have you ever wondered what financial impact smoking may have on your rental property? Read on to find out some of the downfalls of allowing smoking. Eric Wiegers of the California Apartment Association estimates that it generally costs 3-4 times more to turn a unit if the past tenant was a heavy smoker. That could…

Property Management Pest Control Tips

Property Management Pest Control Tips

Property management companies, landlords and tenants are all looking to avoid the same thing from happening to their property– an insect invasion. As a Chicago property management company, we know how important it is to keep insects out of all of our properties. Whether you’re a condo management company, retail management company, or an industrial…

Keys To Great Relationships With Tenants

Keys To Great Relationships With Tenants

Keeping clients pleased and happy is essential to the success of any business. In property management, your business is “closer to home” than many other businesses and consequently the importance of happy end-clients—your tenants—is amplified. There are various reasons why a tenant may leave a building, and it’s your job to preventively keep them satisfied…

5 Reasons Landlords Lose Money

5 Reasons Landlords Lose Money

Landlords may think that a solid lease agreement will get them through any tenant challenges, but it’s more likely to be their rental application that trips them up. Here are 5 reasons why having a rock-solid rental application helps landlords shore up profits: 1. It’s the only way to discover — before it’s too late…

Property Management Newsletters

Property Management Newsletters

As a Chicago property management company, we strive to keep our tenants constantly in the loop. Most property management companies work hard to do the same. One of the best methods for helping tenants stay in the loop is through the use of a property management newsletter. Newsletters are a great way to get information…

Renting Out Your Home During Winter Months

Renting Out Your Home During Winter Months

Every landlord and rental property owner knows that renting out your home during winter months takes longer than it does during the summer. There is a way to get your home rented quickly during winter and that is by hiring a Minneapolis property management company to find tenants for you. The time it takes Minneapolis…

4 Easy Ways to Start Your 2013 Tax Planning and Save Money

4 Easy Ways to Start Your 2013 Tax Planning and Save Money

1) Set up a Folder for Your DocumentsIt doesn’t matter if it is a physical folder or an electronic folder. Just have a file set up and put in there, all of the key documents you will need including: Pay Stubs Estimated Tax Payment Vouchers Charitable Donations Property Taxes Medical Expenses Unreimbursed Employee Expenses Health…

How Do I Add Additional Lease Stipulations If My Standard Lease Does Not Include Them?

How Do I Add Additional Lease Stipulations If My Standard Lease Does Not Include Them?

Most landlords who rent out their rental properties have a standard lease they use that has the proper wording and protection for both parties. A standard lease can typically be found online and can be more specific based on the state your rental property is based out of. If you are new to being a…

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