Schaumburg Property Management Blog

How to Get Tenants to Renew Leases in Schaumburg, IL

Is your rental property standing empty with no tenants? In Q4 of 2020, rental property vacancies in the US were over 5%.Having a vacant investment property is bad for several reasons. First, you're not generating an income while it stands empty. Second, your property is at ri...

Pros and Cons of Allowing Pets in Your Rental Property in Schaumburg, IL

A majority of Americans are pet owners. In fact, a recent survey concluded that 62% of households have a pet. Dogs and cats are by far the most popular pets to adopt.As a property owner, your job is to maximize revenue. You may feel reluctant to shrink your rental property tenant...

Security Deposits: Key Things Schaumburg, IL, Landlords Should Know

You're a new landlord and you have a great rental property here in Schaumburg, IL. You're probably excited to find the perfect tenant and start bringing in some rental income. However, one part of the tenant placement process you must consider is security deposits.Landlor...

Foreclosures: Exploring Opportunities in Distressed Properties

Inflation is the top story in the global economy. It is negatively affecting many homeowners that are struggling to keep up with bills. An increasing number of homes are being foreclosed due to the cost of living.In fact, Illinois has the highest foreclosure rate in the nation. O...

Signs You Need to Hire a Property Management Company in Schaumburg, Illinois

Did you know that less than 50% of landlords manage their properties alone?If you are overwhelmed handling property challenges, landlord rescue is available.What are signs that you may benefit from a property management company in Schaumburg, Illinois? How can a property manager ...

Understanding the Real Estate Market: A Comprehensive Guide to Schaumburg, Illinois

The state of Illinois is home to plenty of sprawling suburbs that welcome people from all walks of life.Residents of Schaumburg have a median income of about $85,000, and it's an upper-middle-class area with plenty of real estate opportunities. If you're an investor, doin...

Important Things HOA Management Companies Can Do for Your Community

About 25-27% of people in the US live in private communities governed by housing associations.There are various benefits to living in such an area. Beyond your own home, the surrounding community can benefit greatly from organized management. It will ensure the shared community p...

Working With Association Managers in the Schaumburg, Illinois Area

Are you a homeowner or a board member of a community association in Schaumburg, Illinois? If so, you may have wondered about the benefits of working with association managers in your area.Whatever type of community association you are a part of, association managers can play a vi...