News & Insights

Commercial Property Management: Pros & Cons

While commercial property management can offer wonderful returns, the horror stories that surround it are enough to make your hair stand straight up off your scalp, turn white as the driven snow, and then fall out completely. Just consider the 2012 report from The Sydney Morning Herald about the arrest of a ring of criminals manufacturing $15 million AUD worth of drugs out of rental properties. Or the evicted tenant who left the stove on and almost burned down the property. Or a property with an unplugged refrigerator that had been left stuffed with meat — for two whole years.

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A Letter From Our CEO and President/CFO Regarding COVID-19

Our teams representing GNP Realty Partners, GNP Management Group, GNP Construction, One Development, CMPS and Chicago Five-O Services continue to be those you rely on for help with your decision making and business continuity. We want you to know that our administrative, management, maintenance and security staff employees will continue to receive salaries and benefits as we navigate through this difficult time.

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How to Calculate Potential ROI Before Investing in Real Estate

Running through the financial calculations on a property is a crucial step before the actual purchase. With careful calculations, you will know whether the property is a good investment or whether it will be a drain on your finances. While you cannot predict everything, you can discover enough to calculate a good estimate of income, expenses, and your return on investment (ROI).

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How Technology is Bringing Ease and Convenience into the Home

Just 20 years ago, the only people that had cell phones or other mobile devices had them for business purposes. Now, it’s hard to find someone without a phone, tablet, or laptop. From the way that phones and other technology have impacted our personal lives, the technology is quickly becoming more and more apparent in our houses and apartments.

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