New Year's Resolutions for Property Managers

New Year's Resolutions for Property Managers

As a property owner in Chicago, it’s important that you have all your “ducks in a row” as the New Year approaches. Looking back on 2018, consider some of the changes you’d like to make. Have you gotten yourself and your tenants on a set schedule for items such as maintenance, rent collections, etc.? What type of renovations do you want to do?

It is important that you set goals for the New Year and that you work out a plan with your property management company to make 2019 the best year you can. Here are a few tips for resolutions for your new year.

Connect With Quality Contractors

Update your contractor list at the beginning of the year. Contractors come and go so it’s important that you update your list frequently. This helps you to know who you can call on when the time comes for renovation projects. You also need to have this list on hand should you run into an issue with emergency repairs being needed. If you have not updated your list, then you may run into issues when you need someone quickly.

Maintenance Schedules

Go over your current maintenance schedules. If you do not have one in place, it’s time to put one into place. You can work with your Chicago property manager to help get a solid schedule for regular maintenance on your condominium. This allows you to make sure things are handled in a timely manner and you can avoid major repairs as well. Maintenance such as filter changes, light bulbs, maintaining HVAC systems and more help to make sure your tenants are happy and stay around for a longer time.

Keep Quality Tenants

Consider what you’ve done in the past to find tenants. How do your future tenants find you? Do you post regularly on social media or have a blog? Make sure that if you have an online presence that you take advantage of all the avenues at your disposal. Be sure that SEO keywords are used properly and that your tenants can find you online. Once you’ve found them, make sure to keep them happy and long-term by ensuring your Chicago property management is on par with what they expect. When you work well with your tenants and there’s a solid relationship there, you are more apt to keep them for the long haul.

Property Management Team

If you do not already have a Chicago property management team on your side, now’s the time to consider one. It is important that your tenants know they can reach someone when they need to and you need to be able to focus on investments. You can avoid the late night emergency repair phone calls, chasing down rental payments, and dealing with vacancies when you hire a property manager in Chicago. There are many benefits to hiring a Chicago property manager and you’re going to love the freedom and peace of mind it gives you.

Contact Connected Management today to see how you can put all your new year’s resolutions into place with a solid, experienced management team.