When it comes to managing your investment property, there are a few things to keep in mind. If you do not have a property management company in Chicago, you’ll need to be the one in charge of these items. These tasks are something to take on before they become a huge problem.
Be sure that you work with your tenants and share fire safety and prevention tips with them each winter. They need to be reminded of small tips here and there that could prevent a huge tragedy. Items such as turning off space heaters, using surge protectors, and checking smoke alarms can make a huge difference.
Make sure that you have a regular maintenance agreement on your HVAC system in the apartment building. As the owner, a property manager in Chicago can help you take care of that. Using a reputable management company can help you to get the best prices possible when it comes to vendors to regular maintain the entire building. For example, a hissing radiator could pop up when you least expect it. That means an emergency repair and you may be in the middle of your holiday meal. By working with a property manager, you can make sure those things are always handled when they need to be.
Frozen pipes can wreak havoc on your apartment building. Make sure your tenants are aware of how to handle pipes during the cold winter months. Wrapping insulation around pipes that are exposed, opening cabinet doors, and running a small stream of water can help prevent the frustration of having frozen pipes.
Slip and falls on your apartment property can lead you to a lawsuit. It is important that you or your Chicago property management company ensures the safety of all tenants in the home. Make sure to have walkways shoveled off or salted to ensure everyone can come in and out of their apartment building without risking a dangerous fall.
With the holidays, sometimes the rent is the last thing on your tenants mind. By working with an experienced property manager in Chicago, they can do all the legwork for you. Make sure you do not miss rental payments with the easy software provided by Connected Management.
Being a property owner in Chicago is exciting and adventurous. However, you need to know that you have a great solid property management company on your side. Working with someone such as Connected Management can really help you reach your goals in investment and keep your tenants happy and paying rent.
Be sure to contact Connected Management today to see how you can winterize your home and keep your building protected.