Property Management Blog

By Tim Harstead - Wednesday, February 22, 2023

Effects of Interest Rates on your Real Estate Investments

Real estate investing can be a lucrative way to build wealth, but it's important to understand how changes in interest rates can affect your cash flow. In this blog post, we'll explore the effects of higher interest rates on real estate investing and its cash flow. First,...

By Tim Harstead - Wednesday, February 8, 2023

2023 Chicagoland Top Property Management Companies besides Chicago Style Management

Best Property Management Companies in ChicagoChicago Style Management is happy to be considered one of the top management companies in Chicago, however property management is often hyper local and hyper focused on types of clients that we can work with and these days, you’l...

By Tim Harstead - Monday, February 21, 2022

Updates on Evictions in Chicago as of 2-22-22

Happy 2’s Day, everyone! Back in October, evictions were allowed again in Chicago, and we are starting to get some actual data on how they are working and have a clearer understanding on what we can expect when an eviction is filed. The time to get a tenant served by the...

By Tim Harstead - Sunday, January 23, 2022

2022 Rent Predictions

Covid has changed the world in so many ways. I’m sick to my stomach just typing these words right now, but the ripple effect is continuing in the rental world, as we predict average rent prices will increase between 8 and 15% in 2022. And I promise you, it's not just b...

By Tim Harstead - Sunday, January 9, 2022

Tech is Great, But It’s Only a Tool

A few months back, Zillow.com officially admitted what we could have told you years ago: You cannot run a real estate investment from behind a computer, and you need boots on the ground.In November, Zillow officially shut down their home-flipping business, and it is estimated the...

By Tim Harstead - Tuesday, December 14, 2021

5 Things that will Impact Real Estate Investing in 2022

and what effects it will have on the marketAt this time last year, I figured the world would be closer to being back to normal than it was. However, 2021 just ended up being a really long extension of 2020. So... what can we look forward to in 2022? 1) Evictions to start ramping...

By Tim Harstead - Tuesday, December 7, 2021

Preparing for holiday travel

Keeping your property safe and secure during the winter holidaysFirst off, we at Chicago Style Management want to wish you all a wonderful holiday season! Many of us are getting back to a semblance of normalcy, and holiday travel is a part of that. Here are some quick tips to hel...

By Tim Harstead - Monday, August 30, 2021

How to Attract and Screen Subsidized Tenants

Tips for successfully renting your unit to applicants with housing vouchersJust like with prospective market tenants, it is important to screen your prospective voucher holder tenants, such as CHA, Section 8, or other programs. In this article, I will go over the steps we take, a...

By Tim Harstead - Tuesday, July 20, 2021

Working With Section 8 in Chicago

Some landlords love it, some landlords think they should try to avoid it. The CHA program is polarizing in the Chicagoland area among investors. Over the next six posts, I will be going over the ins and outs of working with CHA. In this post, we dive into an overview of the progr...

By Tim Harstead - Thursday, July 8, 2021

Why We Don’t Work with Home Warranties

I am going to let you in on a little secret when buying a home: Oftentimes, when there is a dispute on an inspection issue, the easiest fix is to have the seller pay for a home warranty to get the deal closed. This may have been sold to you as a great idea, and if you are buying ...