How Landlords Can Avoid Illegal Evictions

Preston Letts - Tuesday, June 15, 2021

One of your property tenants has failed to make good on his promise to pay you consistently, and you're at your wits end. Now, you're tempted to try to make life a little uncomfortable for them to get them to move out.Not ... read more >>

Why should I have my tenant on a current lease?

System - Tuesday, November 17, 2020

Resident retention should almost always be the goal for a profitable investment property. Maintaining an active lease with your tenant will provide that piece of mind that they will remain in the home for a set period of tim... read more >>

Easy-to-Avoid Mistakes as a New Landlord

Janet English - Thursday, April 16, 2020

It can be easy to make a few mistakes when you start a new venture. You just have to be careful, act professionally, don’t panic and don’t make the following easy to avoid errors.1. Assuming the property will always be... read more >>

Preparing Your Property to Rent

Preston Letts - Friday, February 28, 2020

New tenants are always on the lookout for a property that is ready to move into NOW. They don’t want to hear that the property will be ready ‘before you move in'. They have heard that before and have been disapp... read more >>

15 Questions to Ask a Potential Property Management Company | Chicago, IL

Preston Letts - Thursday, December 21, 2017

1. How long has your property management company been in business?Letts Property Management has been the premier residential property management company in the Chicagoland area for over 10 years. 2. What percentage of your monthly... read more >>

Chicago Property Managers on How to Identify Good Rental Investments

Preston Letts - Sunday, April 26, 2015

Every property investors hopes that one day they can take their property investments and reinvest them in another good rental investment. New property investors hope that their initial investment can drive home a huge ROI and some... read more >>

The Value of A Chicago Property Management Company

Preston Letts - Monday, April 20, 2015

One mistake that many new and even experienced property investors make is under evaluating the value of their property managers. While many tasks that a property manager takes off the hands of a property owner are obvious such as ... read more >>

How to Choose a Chicago Property Management Company

Preston Letts - Wednesday, April 1, 2015

Investors and rental property owners often wonder what they need to know when looking for a Chicago property manager. There are a number of things to look at when you’re interviewing different property management companies, ... read more >>

Chicago Residential Security Deposits on the Decline

Preston Letts - Tuesday, March 31, 2015

Chicago landlords burdened with high levels of liability have left behind the security deposit and are instead utilizing move in fees. Security deposits may soon be grouped with dial up Internet and landline phones as an antiquit... read more >>

How to Set the Best Price for Your Chicago Rental Home

Preston Letts - Tuesday, March 24, 2015

The question of how to set a price for your rental home gets a lot of debate, and many people have strong opinions. Our experience in the 13-plus years of managing rental and investment property leads us to considering three main ... read more >>