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Get a FREE assessment of your rental property. Start here!

The Facts About Rental Management: Chicago Landlords Shouldn’t Try to Do-It-All

So you’ve posted an ad that says, “Rent out my house in Chicago, and you’ll have 24/7 access to me! I’ll handle everything from your super late rent checks to maintenance calls at 2 a.m.” Yeah, right! No one would ever post an ad like that. The truth is, that even if you feel like you’ve got a great property and you think that you can manage everything yourself, a lot of times managing takes more time and work than you think.

Lack of Experience = Lower Value for Your Rental Property

At Real Property Management Chicago Edge, we have over 25 years of experience in rental management. Chicago has seen its fair share of landlords who try to do-it-all themselves. We know that a lack of experience can cause the value of your rental property to go down.

Inexperienced rental property owners often neglect proper tenant screening, don’t have regular property inspections, fail to answer maintenance calls, or just don’t give their tenants the kind of care they deserve. Neighbors will also complain if the house begins to suffer from neglect! Nobody wants to live next to that lawn overrun by weeds or with a broken garage door.

Do You Know the Laws and Regulations for Rental Management? Chicago Has a Lot!

You may be great at fixing appliances, trimming the trees, and collecting rent in an effective manner, but do you know all the laws, rules, and regulations that come along with managing a rental unit? If you haven’t taken the time to study up on the required codes and ordinances in your area, you may see hefty fines or worse. It’s especially important to know eviction laws and how to protect yourself and your rental property from a law suit.

Trust Real Property Management Chicago Edge to Help!

Still thinking, “I’ll rent out my house in Chicago and handle everything myself!”? Well, you don’t have to. Our goal at Real Property Management Chicago Edge is to save DIY landlords time and money while providing excellent customer service. We’ll advertise your property and show it, perform comprehensive tenant screening, conduct regular property inspections, and we’ll even assist with an eviction. Just because we live in a do-it-yourself age does NOT mean YOU need to do-it-yourself. Give us a call today.

 

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