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Connected Management Blog

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Building a Better Reputation as a Rental Property Owner

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Building a Better Reputation as a Rental Property Owner When it comes to being a successful rental property owner, you must build a solid reputation. With a strong reputation, you can keep your rental properties booked when it comes to vacation options or have long-term tenants inside residential dwellings. But how do you build a better reputation? What can you do to ensure your success? Quality Properties To begin, you must offer quality properties. You can’t just buy any old property and try to rent it out. You must be strategic with your investments and keep your properties in the best...

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Dealing with Mold: How Property Managers Can Help

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Dealing with Mold: How Property Managers Can Help When it comes to being a board member for a condominium association, you never know what will come up next. From resident issues to broken plumbing pipes, a busted HVAC system or electrical problem, it always seems to be something. Most problems can be handled quickly and at an affordable rate, but there are other issues that can arise that require professional assistance and more care than others. Mold is a major problem that can occur in a condo complex and must be dealt with correctly to avoid any major issues or added...

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Condo Management 101: Understanding the Power of Social Media

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Condo Management 101: Understanding the Power of Social Media As a condo rental owner, you most likely promote your rental locally via flyers or perhaps classified ads. You may even use radio advertisements to get the information out to the local public about your property. While these options can work, today’s tenants are basically online only. One of the best options for promoting your rental property is with social media. Learning how to use the many options or rely on your Chicago property manager to do it for you, will ensure that your property is noticed and occupied long-term. Update Your...

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Why Are Property Maintenance Services So Critical?

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Why Are Property Maintenance Services So Critical? If you operate a rental property by yourself, you may be considering hiring a Chicago property manager. With property management services, you have professional assistance in the day to day operations of your rental properties. This option is critical to your business being successful. Newbies to the rental property world quickly become overwhelmed and need help dealing with everything from tenant issues to the maintenance of the building. Learn more about how property management services can help so you can spread the workload and lose a bit of stress from going it alone. Tenant...

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Increasing Rent: How to Go About Raising Prices For your Property

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Increasing Rent: How to Go About Raising Prices For your Property If you are a condominium rental property owner, you are leasing your facility to make money. Over the years, you may offer a set price only to find the market has changed. When a property is located in a hot area, the rental price can be increased which helps you to earn more for your condo. But how do you go about increasing the rent, especially with long-standing tenants? Weighing the pros and cons is important in order to make the right business decision for an increase in property rent....

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