Learning Center
We cover a large range of topics to help you understand property management, HOA management, and real estate investing.
Sellers Closing Cost & Net Estimator
Are you planning to sell your home and wondering how much money you’ll actually pocket from the sale? Let’s calculate that equation!
What is Association Management
As a homeowner, and if you’re interested in association management pricing, probably a board member – one of the primary concerns you may have when hiring an association management company is the cost of their services.
How Much do Association Management Companies Charge?
As a homeowner, and if you’re interested in association management pricing, probably a board member – one of the primary concerns you may have when hiring an association management company is the cost of their services.
The Benefits of Implementing Technology in HOA Property Management
We rely on technology to provide these services as it’s a crucial part of modern property management services, and that’s why we utilize Buildium. We explore the benefits of implementing technology in HOA property management and how Buildium can help you streamline your operations, improve communication with homeowners, and save time and money.
The Importance of Effective Communication in HOA property Management
Managing a community requires a great deal of coordination and communication between the board members, homeowners, and the management company. Without effective communication, misunderstandings can occur, and problems can arise. Here are some reasons why communication is essential in HOA property management:
Why Pineapple?
When working with investors I often get sent properties and asked – “Is this property a good deal?” “Will my rental property be profitable?”
I built this calculator to help you have a better understanding and the data necessary to answer those questions. You can also use this calculator to dial in your price range given the additional costs associated with owning/managing a property.
How to get a Real Estate License in Illinois
From licensing to testing, sponsorship to getting started, we’ll explain the entire process to get your IL real estate license.
Finding a Sponsoring Broker
How do I find a sponsoring broker in Illinois? In 2020 there were more than 86,000 individuals licensed for Real Estate brokerage in the...
The Cost and Process of an Illinois Real Estate License
Let’s explore the cost and process to get your Illinois Real Estate License and get started in the Illinois Real Estate Market.
Rental Property Calculator
When working with investors I often get sent properties and asked – “Is this property a good deal?” “Will my rental property be profitable?”
I built this calculator to help you have a better understanding and the data necessary to answer those questions. You can also use this calculator to dial in your price range given the additional costs associated with owning/managing a property.
What should I charge for rent?
This is a question as old as rentals themselves. The TL;DR (too long, didn’t read) answer is: As much as the market will support. But how do we get to that number? Read on to find out!
Are HOA Fees or HOA Dues tax deductable
Can I deduct my HOA Dues on my taxes? Well, that depends… Is your property a rental or your primary residence?
What are the benefits of an HOA Management Company?
When it comes to HOA or Community Management there are usually two types – professional management companies or self-managed. Both have their benefits. Let’s take a look at what these types of services provide an association.
New Appliance Drying for Free
Why is the washer full of quarters but the dryer is empty? It’s common for the appliances to be off a bit on coins, but by how much?
The Dark Side – Bill Markup
Every industry has its not-so trustworthy individuals. Property Management is no different. In this post I’ll discuss bill markups. It’s important to know the costs associated with bill payment as it can add up quickly.
The Dark Side – Flipping Units
Every industry has its not-so trustworthy individuals. Property Management is no different. In this post I’ll discuss flipping units. This may go by other terms but I call it “flipping units”. This is the practice of not renewing a lease, causing the unit to “flip” and change tenants.
What does a Property Manager do?
A Property Manager is an agent for the property owner. They oversee the day to day communication and operations of the property to ensure it is safe and habitable for tenants and a profitable business endeavor for owners. From collecting deposits to paying vendors, they’re responsible for the property’s budgeting, finances and accounting. Simply put: A professional landlord and project manager.
DEADLINE EXTENDED – Illinois Rental Assistance Program
UPDATED: August 25, 2020 The deadline to submit application for the Emergency Rental Assistance program has been extended till Friday,...
New Appliances and a Dryer with a Gas Leak
From time to time it becomes necessary to replace large appliances and recently at one property it was time to replace the very old washer and dryer. This is our story of new units, a gas leak, and true costs.
Replacing a Sock to Save Money
Water can quickly destroy a property. Simple leaks become major issues when left to drip and destroy wood, drywall, flooring, etc. This simple repair potentially saved our new property owners thousands of dollars down the road all because a minor issue was overlooked or neglected by prevous owners.
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Let’s Build Your Investment Together!
We aim to partner with our Property Owners and Tenants to create a win-win-win for everyone. We welcome the opportunity to partner with you and your tenants. Click the button Say hello. Let’s get started.