Schaumburg Property Management Blog

Profit from Real Estate Flipping: Success Stories in Schaumburg, IL

Flipping is making waves: picture this -- the average flipped home price in the U.S. increased by 4.1% in just the first quarter of 2024. If you're an investor in Schaumburg, IL, you know this is a nice return.With its strong market and growing demand for quality homes, Schau...

Real Estate Auctions: Buy & Sell in Schaumburg, IL with Confidence

The Chicago metro area is in flux, according to Norada's most recent report. Though inventory and median home prices rose in June 2024, sales fell by a whopping 15 percent, making some buyers and sellers nervous about their prospects on the traditional market.Fortunately, the...

How Often Should a Landlord Inspect Rental Property in Schaumburg, IL?

According to the U.S. Census Bureau, 39% of Schaumburg residents are renters, making the city an attractive market for rental property investors.If you're a landlord in Schaumburg, keeping your rental property in good condition is imperative. Regular inspections are a key par...

Schaumburg Accidental Landlord Tips

According to US Census data on residential vacancies, the national vacancy rate reached 6.6% last year. Many accidental landlords struggle to find renters in today's competitive market. Without effective property management, your rental could remain vacant.A long-term va...

New Construction Homes: What to Know Before Buying Off the Plan

Schaumburg is a safe, vibrant suburb with fantastic recreational opportunities and a thriving commercial sector. It's a diverse community that's popular with families thanks to its good schooling system and pristine outdoor spaces.The county is currently implementing a co...

Luxury Homes: Exquisite Properties That Define Elegance

Out of all the cities in America, Schaumburg is ranked at number 9. Considering it's not as world-renowned as New York City or Los Angeles, this is a huge feat for rustic Illinois. From diverse local attractions to family-friendly accommodations, there's a lot to love in ...

Top 5 Home Selling Tips for Schaumburg, IL Homeowners

The Illinois real estate market, particularly around the Chicago area, is hot, hot, hot. Schaumburg is certainly no exception. With prices rebounding from the blow of the pandemic, now may be the best time to sell.Are you thinking about moving into a different property or even ou...

Your Guide to the Best Homes for Sale in Schaumburg, IL

The real estate boom might be slowing down at last, but that doesn't mean now isn't the right time to buy your dream home or investment property. High foreclosure rates mean you could secure a home for a great price right now, and the ongoing housing shortage means a high...

How Section 8 Decides if Your Rent Is Reasonable in Schaumburg, IL

More than 4.8 million American households receive Section 8 housing assistance. This program is run by the federal government which pays a large percentage of rent for participants.Property owners can expand their pool of renters by participating in the program. They also are alm...

Rental Evictions in Schaumburg, IL: A Guide for Landlords

Owning a rental property might be a great business venture and a brilliant means of passive income, but that doesn't mean it doesn't come without its fair share of stress.Renting out your property to virtual strangers is a big risk, sometimes it pays off, and sometimes yo...