Are you one of the 45% of landlords who manage their own investment properties? The do-it-yourself route could prove stressful and costly. Instead, rely on full-service property management.
With help from an experienced property manager, you can increase your occupancy rate and ROI. Ready to unlock your full potential? Read on to discover the benefits of full-service property solutions today!
Upgrade Your Investment Property
An outdated investment property may not attract Chicago renters. Leverage your property manager's expertise. They'll know how to make the property more attractive.
They'll choose rental property upgrades that will boost the property value. These upgrades could give you a competitive advantage as a landlord in Chicago.
Once you find tenants, your property management company will ensure the property remains in good shape. They'll schedule regular inspections to spot potential issues. Routine maintenance can help you avoid the cost of more expensive repairs in the future.
Maintaining your investment property can boost tenant satisfaction rates. Your property manager will respond to maintenance requests. They'll hire the best vendors in Chicago, saving you time and money.
Market Chicago Properties
Your beautiful investment property can become an expense if it sits vacant. An experienced property manager can market the listing. They'll leverage the latest digital marketing strategies.
Marketing the listing online will direct more renters to your property. You'll open your tenant pool, leading to more applications. You can have your pick of renters.
Digital marketing can become time-consuming and costly if you lack experience. Your property manager will monitor your campaigns and generate leads.
Screening and Managing Tenants
Don't rush to fill vacant units. Otherwise, you may fail to recognize problematic renters. These renters have a history of evictions and property damage.
Choose a property management company that has an efficient tenant screening process established. They'll check:
- Rental histories
- Eviction histories
- Criminal background checks
- Credit scores
- References
- Employment verification
This information can help you find great renters for your Chicago rentals. Your property manager will also encourage lease renewals. Generating renewals will improve your occupancy rate.
If your tenants need help, your property manager can act as their point of contact. You won't need to respond to tenant inquiries at odd hours. Meanwhile, tenants will have peace of mind knowing someone is available.
Generate Passive Income
If you own multiple Chicago rentals, you may feel stretched thin. Instead, allow a property manager to step in. Their effective strategies will save you time and money.
Relying on their full-service property solutions will help you operate more efficiently. You can cut costs, reduce vacancies, and generate more passive income.
Chicago Full-Service Property Management
Don't manage your Chicago rentals alone. Instead, hire a full-service property management company. Rely on their expertise to reach your full potential.
Our team at Chicago Style Management can help you achieve your investing goals. Rely on our years of experience and cutting-edge technology to improve the value of your investment.
We know the Chicago market and can ensure your success. Contact us today for a free, no-obligation rental analysis
