News & Insights

Energy Efficient Condo Recommendations From HOA Property Management

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.

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17 Key Differences Between Commercial & Residential Properties

Investors intuitively understand that there are significant differences between residential property ownership and owning commercial property. For instance, residential real estate is private property intended to serve the round-the-clock needs of individuals, needs such as shelter and basic living space. Meanwhile, commercial real estate has its purpose right in its name: commerce. These locations facilitate trade and usually house businesses rather than people looking to lay their heads down after a long day.

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Six Traits of a Great Landlord

Being a great landlord takes time and effort, but it is essential to keeping good tenants. After months of double-digit rent increases, rents have begun to moderate. A January 2023 report from the National Association of REALTORS® shows rents rose 3.7% year-over-year in the 4Q 2022, compared to 5.6% and 9.2% in the previous two […]

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Sell vs. Rent? The Pros and Cons of Being a Residential Landlord

Whether due to a job change, a growing (or shrinking) family or because hybrid employment allows you to work from Hawaii, you may be faced with deciding whether to sell or rent your residential property. In today’s sky-high rental price market, renting your home may seem the smart choice. Alternatively, while home prices have begun […]

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Benefits of Using Your REALTOR® for Property Management and Sales

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. Our property manager informed him that GNP Realty has a brokerage arm and was well-positioned to list and sell the unit. GNP’s philosophy of being a single source […]

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Benefits and protections for managed buildings during large public events

The holiday season in Chicago officially kicks off each year with the spectacular Magnificent Mile Lights Festival. The centerpiece of the festival is the largest nighttime parade in the U.S., during which 1 million lights on 200+ trees illuminate as the parade (led by Mickey and Minnie Mouse) proceeds down North Michigan Ave. (“The Magnificent Mile”) […]

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