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15 January 2025 | 11 replies
If possible, in the future I would try to obtain a copy of a standard Condo questionnaire from the HOA prior to the mortgage application process and ask your lender to review it in advance in order to mitigate some of the time and costs risks associated.
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30 January 2025 | 11 replies
I would first check city/county STR rules and HOA (if applicable).
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31 January 2025 | 2 replies
.✅ Professional Tenant Screening – Property managers have systems in place to screen applicants thoroughly, reducing the risk of bad tenants.✅ Knowledge of Chicago Rental Laws – A good property manager stays up to date on local laws, helping you avoid costly legal mistakes.✅ Maintenance & Repairs Handled – No more emergency calls at 2 AM about a broken water heater!
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12 January 2025 | 11 replies
For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.
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5 February 2025 | 1 reply
Worst case scenario, if that doesn't work, I can simply do fertilizer applications and landscape lighting as they don't require much labor.
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22 January 2025 | 39 replies
Unless you supply the 3M ones I guarantee the tenants are going to use the Dollar Store ones that leave torn paper everywhere.
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30 January 2025 | 8 replies
However, without significant updates, they’re likely to reject your application outright without leniency.
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30 January 2025 | 4 replies
My issue is, it's been almost 3 months and I haven't be able to get good tenant applicants.
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30 January 2025 | 6 replies
Challenge is where is their motivation to properly screen applicants and get rid of nonpayers?
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17 January 2025 | 40 replies
The window for application won't open until what's now a draft proposal becomes law.