Connected Management Blog

The world of real estate is changing and expanding quickly, with more people investing in commercial and residential properties. In such expanding conditions, the challenges are multiplying for property managers as well, putting a lot of stress on their professionals. According to statistics, around 63% of U.S. citizens own real estate property. If you’re planning to become a part of Chicago property management, it’s necessary to keep the challenges that come with them in your mind. This article will list these challenges and how professionals should counter them. Challenges of Property Managers Property managers deal with different challenges in their profession...

Innovation is becoming a major part of the real estate business, with more professionals stepping into the industry. Renters, property owners, and managers are all looking for more convenient options in the business. If you want to thrive in the Chicago property management industry—you should know about the trends. Trends in Property Management Industry The real estate industry has gone through a serious shift with the inclusion of better tools and technology. Here are the most common trends in the property management industry that you should know about: 1. Higher Demand for Real Estate Services Tenant expectations are at an all-time...

When you are a property owner in Chicago, you want to ensure that your tenants are there for the long haul. You want to make sure that they are happy and want to continue living in your condo. If not, that could mean a high frequency of turnovers which costs money in the end. Learning the top do’s and don’ts of property management in Chicago can help you to ensure long-term tenancy for most of all your clients. It also makes sure that tenants will take care of their home and enjoy living in the community you’ve built. Consider these tips...

Investing in properties and setting up the right infrastructure is a staple for business. There’s limitless potential for what you can do in the business world with the right property. It’s why property prices are at an all-time high. Professionals in Chicago property management spend a lot of time picking the right properties for clients. It’s because these clients need an affordable property that meets their needs and helps with business-related goals. If you’ve struggled with finding the right property—you know what we mean. Six Tips for Choosing the Right Business Property Commercial real estate (CRE) prices have increased by an...

Investing in commercial real estate is one of the quickest-growing trends globally. People are now investing more of their time and money in these properties. The average rent in the U.S. hit the 1,320 mark in 2023, depending on the rental property tenants live in. It’s why property owners have stepped into Chicago property management and Chicago condo management so quickly. If done correctly, commercial property ownership and management have lots of potential. But all of this success greatly depends on the kind of tenants you find. Finding tenants has to be one of the biggest challenges that property owners face....