Connected Management Blog

Property management is no doubt a lucrative job, but it comes with a certain set of challenges. As a property manager, you would have to deal with various time-consuming tasks and responsibilities. Nevertheless, knowing about these challenges will allow you to devise a strategy to deal with them accordingly. We'll discuss some of the biggest modern-day challenges for property managers.  Biggest Challenges That a Property Manager Faces Statistics show that the global property management market size will have a valuation of $16.47 billion in 2021. This shows that it is certainly a lucrative industry, but there are certain challenges in the...

Rental Market In Chicago: What You Need To Know The pandemic that started in 2020 has caused a fluctuation in the housing market both for buyers and for sellers. Because of the drastic swing and rise for affordability, the rental market has shown signs of swings as well. Some people cannot afford to purchase a home so they look to a rental company to help them find the best place to live at the moment. Chicago property management companies have seen a shift in rental prices and the market over the past few years. What started in 2020 has bled over...

How to Take the Best Pictures of Your Chicago Condominium Pictures are the number one thing prospective tenants look for as soon as they discover your property. They immediately want to see what the space looks like, and if it is decent and clean. Pictures are also the number one thing you as a Chicago property manager want to focus on when you are advertising your property and any available units. Below are some tips for how to ensure your photos are top notch and will surely attract more tenants! Use a good camera or a professional! You do not have...

Common Tenant Complaints and How to Approach Them When you work for a Chicago property management company you probably are prone to many tenant complaints. One of the hard parts of the job is figuring out to handle these complaints in a productive manner. For many property managers, complaints from your tenants can become a nuisance. However, if you ignore the problem it can just become bad for your business. Instead of looking at the complaints as a minor inconvenience, you can utilize these complaints as a way to stay informed of the conditions and any ongoing problems at your property....

What to Avoid as a Chicago Property Manager As a property manager in Chicago you want to make sure your tenants are happy and comfortable. You also want to make sure you are providing quality service and that you are not doing anything that although may seem harmless could result in a poor tenant experience, or worse, a legal matter. There are also simple issues that can be avoided to increase the value and appeal of your property. Here are some common mistakes property managers make that can be easily avoided: Casually dropping in on tenants: Don’t just pop in to...