Connected Management Blog

People can hold their properties as residential or commercial, depending on the status of the property. It is also called the property title and determines its legal status. The kind of title your property holds will impact your investment in real estate. 5 Common Methods of Holding a Real Estate Property Title The property title determines several technical aspects, including taxation. There are several titles and methods of keeping these titles for your property. It’s crucial to learn about these methods before contacting a Chicago property management company, and that’s what we’ll discuss in this article. 1. Joint Tenancy Joint tenancy...

    Introduction Condominiums or “condos” shouldn’t be something new for you if you’ve been a part of managed communities. While most people think condos refer to homes—that’s not always accurate. The full spectrum of the condos is more much versatile than most people think. It’s why Chicago property management services have become so popular. The Condo Price Index for Chicago shows a substantial price increase over the years and is becoming more prevalent in the real estate market. Therefore, it’s crucial to understand and comprehend the distinctions for buyers who prefer living in condos. In this article, we’ll discuss some...

Regarded as the third-largest city in the U.S., Chicago is a brilliant place to live in. The city stretches over 234 square miles of land, making it a popular place for residents. Today, Chicago has thousands of residents 2,747,231, (2020), and several fun nicknames, such as: The Windy CityThe Second CityCity of Big ShouldersAnd a lot more Understanding the Cost of Living in Chicago Because of such varied potential in the city, Chicago property management companies have become popular. If you’re planning to move to Chicago or are interested in investment opportunities,—it’s a great move. However, learning about the cost of...

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...

Why Work With Property Management Companies Investing and owning rental property is a great way to grow your portfolio. However, it can also be quite stressful. When it comes to Chicago property management, it can be overwhelming trying to keep up with it all, much less if you have multiple locations. That is why so many seasoned rental property owners choose to work with a Chicago property manager instead of doing it on their own. As the owner of a small to medium condominium in the city, consider these benefits to working with a property manager in Chicago before you do...