Chicago Property Management Blog

4 Ways Landlords Can Make Their Properties More Sustainable

By Jason Marcordes Wednesday, July 7, 2021

According to the PNAS (Proceedings of the National Academy of Sciences), with data on 93 million individual households in the USA, residential energy use accounts for roughly 20% of greenhouse gas emissions. In Chicago, many of our daily activities cause emissions of greenhouse g...

How Airbnb Is Trying To Adapt To a New Travel Reality

By Jason Marcordes Tuesday, June 29, 2021

It is safe to say that during the coronavirus pandemic, Airbnb business screeched to a halt. Its quarterly losses added up to over $576 million while everyone in the world was constrained to their homes. However, the industry has slowly regained momentum and we are now seeing fav...

Father’s Day in Chicago

By Jason Marcordes Friday, June 18, 2021

Father's Day is just around the corner and we want to make sure Dad’s have fun and enjoy this day! We know dads should be celebrated every day of the year, but it never hurts to dedicate one day in specific. Chicago has everything you need to celebrate all dads includin...

Things You Should Know And Questions You Should Ask Before Signing A Chicago Lease

By Jason Marcordes Wednesday, June 16, 2021

It can be exciting to shop around for a new apartment. Visiting different properties, touring several buildings and assessing different amenities is a complete experience. Choosing an apartment should be fun. However, if it is your first apartment hunt, you need to be informed, a...

DIY Rental Inspections

By Jason Marcordes Wednesday, June 9, 2021

If you’re managing your own rental property, requiring periodic inspections is a great way to reduce your risk of property damage. While there are several services in Chicago that will do this for you, property inspections can be fairly simple and you can do them yourself i...

5 Ways To Find Good Tenants (And Keep Them) For Your Rental Property

By Jason Marcordes Friday, June 4, 2021

As a property investor, one of the biggest hassles out there is finding new tenants. It does not matter if you are managing the property yourself or hired a property management, selecting renters is a crucial part of the business. Learning how to find good tenants is not an easy ...

7 Ways to Avoid the Worst Tenant Problems

By Jason Marcordes Monday, May 31, 2021

Property owners love having good tenants. Tenants that pay on time, take good care of the property, and that have a solid communication (not overwhelming nor non-existent). However it is safe to say that if you’re planning on investing in rental property, at some point you&...

7 Ways to Upgrade Your Home On a Budget

By Jason Marcordes Friday, May 21, 2021

Renovations can be very expensive. Whether you are looking to renovate your own home or an investment property, it can be an important financial decision. According to a recent report from the Joint Center for Housing Studies of Harvard University, U.S homeowners spend "$400...

How to Calculate the ROI and Cashflow on Rental Properties

By Jason Marcordes Tuesday, May 18, 2021

Investment properties can be a great way to reach financial freedom thanks to the constant income stream. As an investor, it is extremely important that you accurately (keyword!) calculate the rate of return on a rental property prior to purchasing it. This will determine if the ...

Rental Property Tax Deductions? Things you should know

By Jason Marcordes Monday, May 10, 2021

As a landlord, the satisfaction and excitement of consistent income are things that should be expected. However, one of the topics that is normally not mentioned during the conversation is the rental property tax deductions. Whether you are just starting your real estate investme...