Winter-Proofing Your Rental Property

When you’re living in Chicago or anywhere near the Great Lakes, winter comes early. You have to make sure your investments are safe during this time.  With so many components to maintaining a house, winterizing your home is the smartest investment. Whether it’s your primary residence or your rental properties, there are many things you…

July Income Report

July Rental Income Report July was an expensive month this will happen a couple times a year.  It’s what I prepare for and what I’m always telling people to be aware about.  I had a few expenses this month. Lets start with the income: The income was the same as the last report all units…

April Rent Report

The real estate news has not been looking good around the country. A lot of landlords are losing rent. We see some small businesses failing as well. Landlords on average have been reporting around 70% of rents collected. In my personal real estate holdings I’ve been a little more successful. As of now I have…

The Best Tenant

I had a vacancy in an upper unit 3-bedroom in one of my properties. I put new windows in the bedrooms and did some updates to it. It took me 2 months to get it in rentable condition. I was extremely happy when I finally finished. I hired a less than enthusiastic real estate agent…