Remove Maintenance Remove Professional Property Management Remove Property Management
article thumbnail

Professional Property Management: Why It’s Worth the Investment

Real Property Management Chicago

Assuming that you own a rental property, the likelihood is that you’ve considered hiring a property management company sometime in the past. However, even more than that, when you hire property management experts, you can acquire benefits and expertise that numerous do-it-yourself landlords lack.

article thumbnail

Should I Use a Professional Property Manager?

Real Property Management Chicago

Is a professional property manager the right choice for your rental property? Professional property management can make owning (and profiting from!) rental properties a hassle-free experience for you. However, managing a rental property on your own can be like taking on a second full time job!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Professional Property Management: How It Works and How It Can Benefit You

Real Property Management Chicago

If so, you may doubt whether you should hire a Chicago property management company to help manage it. But what does a professional property management company even do – and is it worth the cost? By the end, you’ll better know whether property management is right for you.

article thumbnail

Finding the Perfect Multifamily Property

American Apartment Owners Association

Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees. Property management Consider the management demands of the property and whether you have the time and energy to deal with them yourself.

Property 200
article thumbnail

Tenant Retention 101: Essential Tips for Property Managers

BetterWho

High turnover can drain your finances and disrupt your property management workflow. You’re not only looking at lost rent for every month your property is empty. The cost of finding a new tenant, additional maintenance, marketing the property, etc., Or is maintenance due? The cost of turnover adds up.

article thumbnail

Professional property managers reduce rental vacancy rates nearly 40 percent

Real Property Management Chicago

10/17/2012 by Ami SEATTLE (July 30, 2012) – Successful investment in rental properties often depends on keeping vacancy rates low, both by minimizing tenant turnover and by quickly re-renting properties when tenants do depart. percent, compared to the 8.8 percent national average reported by the US Census Bureau. .

article thumbnail

Feeling Worn Out? Seven Signs It’s Time to Hire a Property Manager

RL Property Management

If youre wondering whether its time to hand the reins to a professional, this blog is for you. Lets walk through the most common signs that DIY property management isnt working anymoreand what you can do about it. You’re Spending Too Much Time on Management Tasks 2. Table of Contents 1.