Property Management Blog

Chicagoland Home Prices on the Rise

Chicagoland Market UpdateMedian Home Prices on the Rise If you're watching the Chicagoland real estate market closely, here's a stat worth noting—according to the latest data from MRED (Midwest Real Estate Data), the median price of homes sold in the past week has s...

How To Create An Accurate Association Budget

Building a Strong Financial Plan for Your HOA Creating an accurate annual budget is one of the most important responsibilities for a homeowners association (HOA) board. A well-planned budget ensures your community can maintain common areas, fund necessary repairs, and keep operat...

Western Chicagoland Suburb Classic Car Shows

Summertime in Chicago is Coming! Midwest living is definitely seasonal and the summertime is such a great time for live music, food fests, car shows, fireworks, art shows and many other outdoor events to make the most of the summer season. So here's a list of the best cl...

Association Management: A Comprehensive Guide to Successful Operations in Naperville, IL

When it comes to successfully running a community, effective association management is crucial. It serves as the backbone of every thriving neighborhood, ensuring harmony among residents and efficient handling of property needs. Without it, things would break down, and residents ...

PMI Service Group Rental Property Standards for Owners

Rental Property Standards for OwnersPMI Service Group understands that property management is essentially a team sport, involving our personnel and guidance in preparing a property, but also needing owner's consent and approval to provide a high standard of quality with respe...

Mastering Rental Analysis: Boost Your Naperville, IL, Property Success

Imagine pouring resources into your property, only to find that you aren't reaping the financial rewards you expected. But don't give up just yet.Rental analysis is the magic formula that not only helps you set competitive rent, but also ensures you attract quality tenant...

Top 4 Tips to Handle Evictions Gracefully in Naperville, IL

Evictions can be one of the most complex and emotionally charged aspects of rental property management. And according to recent statistics, evictions are on the rise in many areas, including Naperville, IL.As a landlord in the city, you may be seeing more evictions yourself. But ...

Signs You Need to Hire a Property Management Company in Naperville, IL

As a landlord in Naperville, have you ever been overwhelmed with the day-to-day demands of managing your rental property? If so, you might be on the brink of a landlord rescue! The realities of rental management can often become daunting, and knowing when to seek help can be cruc...

Decrease Vacancy With Creative Rental Leasing Strategies in Naperville, IL

Insurance firm Lemonade recently discovered that 63% of renters describe their landlords in favorable terms, making it more likely that they will want to lease from them moving forward. In the vibrant rental market of Naperville, IL, maintaining high tenant retention rates is cru...

3 Reasons to Hire Tenant Screening Services in Naperville, IL

ZipRecruiter.com reports that, as of December 2024, landlords in Naperville, IL, earned an average annual income of $86,531.If you've recently become a Naperville landlord yourself, your goal should be to reach or exceed that figure or, at the very least, maximize your proper...