Chicago Property Management Blog

On our most recent show, we discuss how GC Realty & Development has been recently experiencing some obstacles when an owner wants to rent their unit, but a Homeowners Association (HOA) restricts it.   Topics Discussed IncludeAsking a Homeowner Association permission to rentWhy Homeowners Association’s have rental capsWays around a Homeowners Association rental capYou Tube Videos:https://youtu.be/4Hw9f3ymsfMhttps://yo...

What you need to know about Evicting Your Tenant During COVID-19 in Chicago?Download your FREE copy of: What They Don't Tell You About Real Estate Investing See our available Turnkey Cash-Flow Rental Properties Please give us a RATING & REVIEW (Thank you!) Want extra Hacks & Tricks? Follow us on Facebook & Youtube! Looking for a breakthrough in your career? Join Our Team! SUBSCRIBE on to our...

Can Landlords Serve 5 Day Notices Right Now In Chicago?Download your FREE copy of: What They Don't Tell You About Real Estate Investing See our available Turnkey Cash-Flow Rental Properties Please give us a RATING & REVIEW (Thank you!) Want extra Hacks & Tricks? Follow us on Facebook & Youtube! Looking for a breakthrough in your career? Join Our Team! SUBSCRIBE on to our podcast on iTun...

What Can I Do If My Tenant in Chicago was delinquent Before COVID?Download your FREE copy of: What They Don't Tell You About Real Estate Investing See our available Turnkey Cash-Flow Rental Properties Please give us a RATING & REVIEW (Thank you!) Want extra Hacks & Tricks? Follow us on Facebook & Youtube! Looking for a breakthrough in your career? Join Our Team! SUBSCRIBE on to our podcast o...

What Landlords Need To Know About Potential Chicago Ordinances On The Horizon?Download your FREE copy of: What They Don't Tell You About Real Estate Investing See our available Turnkey Cash-Flow Rental Properties Please give us a RATING & REVIEW (Thank you!) Want extra Hacks & Tricks? Follow us on Facebook & Youtube! Looking for a breakthrough in your career? Join Our Team! SUBSCRIBE on to o...

Can I use the cash for keys option in Chicago During the Moratorium on Evictions Band? Download your FREE copy of: What They Don't Tell You About Real Estate Investing See our available Turnkey Cash-Flow Rental Properties Please give us a RATING & REVIEW (Thank you!) Want extra Hacks & Tricks? Follow us on Facebook & Youtube! Looking for a breakthrough in your career? Join Our Team! SUBSCRIB...

Acquiring a property occupied by Section 8 tenants in Chicago or its suburbs, such as Country Club Hills, Hanover Park, South Holland, or Flossmoor, can present an excellent opportunity to grow your real estate portfolio. However, it's crucial to familiarize yourself with the full process before finalizing the purchase.In this article, and the accompanying video, I will outline the steps involved in transferring the tenant's Sec...

I often speak with investors who hesitate to change their Property Management firm when they have a Section 8 tenant. They're unsure about the process to follow or are worried about losing money in the transition. I typically have these conversations when they've reached the point of knowing it's time to part ways with their current Property Manager, but the fear of the unknown holds them back.Let me address this concern dir...

THE NO 1 REASON PROPERTY MANAGERS GET FIREDAs a business owner, I have learned over the years that I need to rely on data to make decisions. I learned early on that I couldn’t just rely on my gut instincts, especially if I wanted to grow my company. In January of 2020, I wrote a blog that was posted to Bigger Pockets. The post contained information that I had acquired over an eighteen month period while talking to over 300 in...

Before the days of YouTube, BiggerPockets, and even E-books, I had to gain all of my real estate knowledge through my own trials and tribulations. In the end, it cost me a lot of money for my “street education”. As an avid reader, I love gathering information from various sources including books, podcasts, and forums. All of the information I have acquired has been fantastic, but it has lacked a local focus, and when I ...