Property Management Blog

Getting your residential investment property leased is one of the trickiest parts of investment property ownership. While there are times during the year where longer vacancies rates are unavoidable, there are many things that property owners and Chicago property managers can do to get their unit filled faster. Good Chicago property manag...

Hiring a property management company can be a big decision to make and at first can seem overwhelming to determine who you should trust with your investment properties. The decision does not have to be overwhelming, if you consider our three do’s and a don’t for hiring property management companies. Follow our handy tips to find the r...

Getting a tenant in to a rental property can be one of the most time consuming and costly parts of owning an investment property. Each day the unit sits vacant, bills still have to be paid and no income is coming in. Shortening this time-frame as much as possible is one of the biggest advantages to leasing with a property management compa...

Making the decision to hire a Chicago property management company can be difficult. As difficult of a decision as it is, there are a number of great reasons to hire a Chicago property manager. Hiring a professional property manager for your investment property can decrease tenant turnover, decrease maintenance expenses, and truly make the...

Letts Property Management, as a leading property management company in Chicago, knows that maintenance emergencies come with the territory. Chicago has very different seasons throughout the year and each season poses its share of problems. Knowing the major issues that arise in each season helps prepare maintenance techs to watch out for ...

November in Chicago means a lot of different things. There is Chicago Bears football, the Blackhawks season starting, Thanksgiving, Black Friday, and the beginning of the end of year holidays; but also the beginning of the winter season. Going in to the winter, now is the perfect time to check any investment rental property one last time ...

There are a ton of different factors to consider when purchasing an investment property. Some think that nearly anywhere in the country is a safe bet, but some areas are much better investments than others. Hot rental markets can change over time, but right now Chicago is a hot rental market. Investing in a hot market, like Chicago, can e...

Evicting a tenant can be a tricky predicament. There is a strict process that Chicago landlords and Chicago property managers must follow and a step out of line could be costly and add time to the eviction proceedings. Additionally, tenants must be evicted with just cause, meaning managers cannot simply evict a tenant for any reason. Fir...

As a leading residential property management company in Chicago, Letts Property Management offers apartments in nearly every part of Chicago and the surrounding suburbs. Whether looking for a studio apartment on the south side of Chicago to renting a townhome in Naperville and everything in between, Letts Property Management has something...

In an uncertain economy, owning investment property in Chicago is a great way to make some money and diversify your portfolio. Handling every aspect of an investment property can be difficult and that is where working with a good property manager can make all of the difference. A good property manager will handle the most difficult aspect...