Being a landlord is hard work and demands specific skills. Even those well-suited to the role make mistakes—especially at the beginning.
Seven Common Mistakes Landlords Make with DIY Property Management Read Full Article »
Recently a tenant in a residential building we manage approached the property manager to ask for a recommendation on a REALTOR® to list their unit for sale.
Benefits of Using Your REALTOR® for Property Management and Sales Read Full Article »
Landlords and commercial property managers find themselves beset by all sorts of concerns. Routine repairs and ordinary expenses. Changes in the competitive landscape and shifts in local zoning codes. Tenant complaints and specific compliance tasks. It’s enough to make one’s head spin.
Commercial Property Management Safety for Landlords Read Full Article »
Selecting the right HOA property manager for your community takes time and effort. Not only do you need to know what services you are buying into with prospective firms but you also need to understand their cost/fee structure so that there are zero surprises for your HOA. Before you hire a new HOA property manager for your Chicago condo community make sure you’ve asked detailed questions and feel comfortable – to ensure success, both the condo board and the HOA property manager need to develop a solid working relationship.
12 Questions to Ask Prospective HOA Property Management Companies Read Full Article »
Most tenants (and many landlords) don’t differentiate between “leasing” and “renting,” assuming the existence of a legal agreement signed by both parties.
Renting vs. Leasing: Pros and Cons for Owners and Landlords Read Full Article »
Being a successful landlord requires the ability to understand rental lease agreements and when to update them.
10 Signs You Need to Update Your Lease on a Rental Property Read Full Article »
Most property owners and investors seek to grow the property’s value and increase the return on investment (ROI).
How Property Management Improves Your Investment Returns Read Full Article »
Good tenant relations equate with good business. Maintaining strong, positive relationships with your residential or commercial tenants will increase tenant satisfaction, lower turnover rates and lead to more profitable investments.
How Property Management Companies Improve Tenant Relations Read Full Article »
Get tips from GNP Realty's HOA property management team on different ideas to present to your condo board about integrating energy efficient upgrades in your community. From water saving measures to window upgrades, such measures can cut not only individual homeowner association costs, but also increase home values for the entire community.
Energy Efficient Condo Recommendations From HOA Property Management Read Full Article »
Winter officially begins December 21, but Chicago has already experienced its first (and likely not last) sub-freezing temperatures, bringing with them the potential for frozen pipes.
Avoid Frozen Pipes During Chicago Cold Spells Read Full Article »
