Chicago Property Management Blog

7 Ways to Upgrade Your Home On a Budget

By Jason Marcordes Friday, May 21, 2021

Renovations can be very expensive. Whether you are looking to renovate your own home or an investment property, it can be an important financial decision. According to a recent report from the Joint Center for Housing Studies of Harvard University, U.S homeowners spend "$400...

How to Calculate the ROI and Cashflow on Rental Properties

By Jason Marcordes Tuesday, May 18, 2021

Investment properties can be a great way to reach financial freedom thanks to the constant income stream. As an investor, it is extremely important that you accurately (keyword!) calculate the rate of return on a rental property prior to purchasing it. This will determine if the ...

Rental Property Tax Deductions? Things you should know

By Jason Marcordes Monday, May 10, 2021

As a landlord, the satisfaction and excitement of consistent income are things that should be expected. However, one of the topics that is normally not mentioned during the conversation is the rental property tax deductions. Whether you are just starting your real estate investme...

Things You Should Know And Questions You Should Ask Before Hiring A Property Manager

By Jason Marcordes Friday, April 30, 2021

If you’ve decided that that self management is not the best option for you, you’ve probably begun shopping around for the property management company that best fits your needs. This can be a scary undertaking as there are a ton of options available in Chicago and fran...

Why Location Is So Important In Real Estate?

By Jason Marcordes Tuesday, April 20, 2021

“Location, location location!” When starting with your real estate journey it is very common to hear “it’s all about the location” or “focus on location and then on the rest”. In fact, when I first started in real estate, I got sick of he...

Benefits Of Investing In Multifamily Real Estate

By Jason Marcordes Saturday, April 17, 2021

As many start their real estate journey, they might be wondering what the best type of real estate investment is for them. A few of the many options include condos, single family residences, multifamily properties, as well as a variety of commercial options. A very logical invest...

Advantages and Disadvantages of Long-Term Rentals

By Jason Marcordes Tuesday, April 13, 2021

As we wrote in our blog last week, the short term-rental industry has gotten extremely popular over the past few years due to new platforms like Airbnb and Homeaway. With as exciting as those short term rentals can be, people tend to forget about long term rentals. That being sai...

Advantages and Disadvantages of Short Term Rentals

By Jason Marcordes Friday, April 9, 2021

Over the past few years, the real estate market has evolved to include a new and exciting asset class. With new platforms like Airbnb, VRBO, HomeAway or even Facebook, the short term rental business has skyrocketed. Contrary to a long term rental, a short term rental is a propert...

Reasons Why You Should Be Investing in Chicago’s Real Estate

By Jason Marcordes Monday, April 5, 2021

As the housing demand increases in Chicago, the sales prices in the city are projected to keep rising throughout the next years. It is interesting to see that regardless of the pandemic, prices are skyrocketing not only in the city, but also in the suburbs. If you are thinking ab...

Six Money Saving Methods To Buy Your First House

By Jason Marcordes Friday, April 2, 2021

When you first decide to buy a home, saving money can feel impossible. You should realize that it takes time, but it is very rewarding. Use these 6 tips and start saving money for your first home:1. Budget.The first step to saving money is to build a budget! If you already have o...