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With your investment strategy lined up, it’s time to prepare yourself for the tenants in your investment properties. But before you put on your landlord hat and begin conducting interviews, as a landlord, you’re responsible for being aware of local, state, and federal laws that govern discrimination and your screening criteria for tenants.  Now, of … Continued

Property management matters from the selection of tenants and all that follows. The best location and building in the world won’t overcome the cost of poor management; when tenant complaints are ignored, as a rule, it can become troublesome. Leaving unresolved tenants and management can also lead to non-payment of rent in protest of poor … Continued

Please don’t go! With happier tenants overall, your turnover rates will be lower than the average in Chicago, and your income will be steady and reliable, making you a happy landlord. And once you have gone through the trouble of a thorough screening process and have located exceptional tenants, you simply will not want them … Continued

There is a great deal to learn about the real estate investment business. While everything can look great about your investment property on paper, dealing with people is not so cut and dried as working with numbers. Whatever you do, do not skip any step in screening tenants, especially checking references and contacting previous landlords. … Continued