What are The Reasons to Rent or Buy a Property?

What are The Reasons to Rent or Buy a Property?

Choosing whether to rent or buy a property such as a home or a condo can be a difficult decision. The decision is tied up in a variety of factors from your credit score to the amount of time you plan on staying in the property. We’ll help you sort out the aspects of...
How to Spot and Avoid House Rental Scams

How to Spot and Avoid House Rental Scams

If you are looking to rent a home, condo, or other property, there is a lot to worry about. You have to make sure the area is safe, the property is in good condition, the property is in your budget, the commute is worth the extra gas money, and on and on. You should...
What To Do If Tenant Abandons Property?

What To Do If Tenant Abandons Property?

As a property manager, there are new obstacles to face quite frequently. One obstacle that can be frustrating is when a tenant decides to abandon the property. Property managers need to oversee residents moving in and out, but what happens when someone just leaves?...
Biggest Mistakes Made by a DIY Landlord

Biggest Mistakes Made by a DIY Landlord

Part of being a property owner means learning from your mistakes. As a property manager, it is easy to think the job won’t be that hard, only to find out it is much harder than you anticipated. From charging too much for charging too little, here are some of the most...
Property Loan for Financing a Rental

Property Loan for Financing a Rental

What is a Property loan? Property loans are a common source of financing for property owners. They allow such individuals to make their investments while using the same properties as the charge upon which lenders can legally claim their debts. Importance of using...
Why Renting Is Better than Buying?

Why Renting Is Better than Buying?

Owning one’s own home has long been a key component of the American Dream, and the allure of striving for that goal and enjoying the fruits of those efforts is certainly understandable. It may be the right choice for you now or someday, but real estate professionals...
Find Tenants: 6 Qualities of a Great Tenant

Find Tenants: 6 Qualities of a Great Tenant

Real estate owners and property managers in Niles are often faced with the daunting task of finding great tenants. One bad tenant can result in costly damages to the rental property, as well as an expensive and time-consuming eviction. Which is why it is important to...
The Best Policies for Pet-Friendly Apartments

The Best Policies for Pet-Friendly Apartments

Apartments that allow pets were once the exception rather than the rule but much has changed. As a whole, the industry realized that pet-friendly apartments could be quite successful. Great pet owners generally make great tenants and allowing pets can make your...
Tips for Rental Property Accounting Records

Tips for Rental Property Accounting Records

As an owner of rental properties, strong accounting records are in your best interest. However, they’re also expected of you by the IRS and any financial institutions to which you’re obligated. This area of property ownership holds many pitfalls for both owners and...
Should You Look for a Furnished Rental?

Should You Look for a Furnished Rental?

Many people rent an apartment or home do so in order to reduce the amount of work and commitment they must give to their living space. To take that ease one step further, some renters choose to look for furnished space. Although nearly all rentals come with major...
Questions of a First-Time Landlord

Questions of a First-Time Landlord

Many people who invest in their first property will have questions once they have their first tenants. You can read, research and feel prepared, but without experiencing a real situation, you can’t know how you’ll react. Here are some of the questions a...
How to Cure the Two Most Common Landlord Blues

How to Cure the Two Most Common Landlord Blues

A landlord provides their tenants with a place to call home, but it can be as challenging as it is rewarding. Every property manager has faced sleepless nights worrying about past due rent checks and buildings overrun with pests, but there are ways to keep the...
The Right Property Manager: How Do You Know?

The Right Property Manager: How Do You Know?

According to economists at Zillow, the Chicago real estate market will slow down in 2016. A property manager needs to know what to do to attract more tenants and keep the ones they currently have. They need to adhere to specific guidelines to help run their building...
Landlord Rights: The Basics of Property Entry

Landlord Rights: The Basics of Property Entry

As a landlord, you have several distinct advantages over your tenants, chief among them being your access rights. Though using your power to break up the occasional party may seem tempting, familiarize yourself with your state’s rules regarding random entry first....
How to Make Moving Easier for the Whole Family

How to Make Moving Easier for the Whole Family

Moving to a new home, especially if it’s in a new city, creates stress. This stress can be troubling for children who do not fully understand what’s going on. Though adults can justify changes in environment and routine, little ones need extra time to process. When...