The single-family rental market is hot. Realtor.com’s chief economist, Danielle Hale, projects rent price growth will likely remain elevated well into 2023.
Seven Steps to Prepare Your House as a Rental Property Read Full Article »
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 »
Aside from a financial or legal misstep, the most common reason an HOA board decides to hire a new property management company is that the previous manager was inattentive or lax and routinely failed to follow through with responsibilities.
Look for a Property Manager that goes Above and Beyond 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 »
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.
17 Key Differences Between Commercial & Residential Properties Read Full Article »
Being a great landlord takes time and effort, but it is essential to keeping good tenants.
Six Traits of a Great Landlord Read Full Article »
Chicago’s commercial rental market is expected to remain steady in 2023, with a slight increase in demand for office and retail space.
Future of Rental Rates for Chicago Commercial Spaces Read Full Article »
After a year of skyrocketing rental prices, the growth rate has dropped to its lowest level since 1Q 2021, according to the National Association of REALTORS®’ January 2023 Commercial Insights Report.
Finding and Keeping Quality Tenants: How a Property Management Can Help Read Full Article »
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.
Sell vs. Rent? The Pros and Cons of Being a Residential Landlord Read Full Article »
Chicago winters get a bad rap. Yes, it is cold and often snowy, but it’s also a magical time in the city—especially in December when the summer crowds are gone, and the city puts its best holiday foot forward.
Winter in Chicago: Our Favorite Things Read Full Article »
