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Blog

Get expert insights on condo association finances, budgeting, reserve planning, assessments, and financial transparency to help Chicago communities maintain long-term stability and efficient operations with Connected Property Management.

Subcategories from this category:

Taxes, Annual Budgets, Assessments, Delinquency & Collections

Electronic Assessment Payments: Are You Offering Them?

electronic payment

Electronic Assessment Payments: Are You Offering Them? As a board member in Chicago, you try to do your best to make sure your residents have safety, security, and that assessments are paid on time. If you are not working with a Chicago property manager, it can be a harrowing task to try and take care of all that plus maintaining the building, working with vendors and other aspects of overseeing a Chicago condominium association. One aspect that you may want to consider is offering electronic payments to your residents. You can do this by hiring a property management company such as...

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5 Tips to Hire a Contractor for Repairs on Your Condominium

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5 Tips to Hire a Contractor for Repairs on Your Condominium When it comes to doing repairs on your condominium in Chicago, you want to know that you have a top-quality contractor on the job. There is a danger of hiring someone who does not have a company or a legitimate business when you’re looking for contractors. Hiring a friend or close family member can also cause a conflict of interest for your condo HOA. When you’re looking to hire a contractor, either through your Chicago property management company or by yourself, here are some tips to keep in mind. Have...

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5 Tips on Buying Investment Property in Chicago

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5 Tips on Buying Investment Property in Chicago If you are considering investing in property in Chicago, one of the best ways to make money is to look at rental options. From apartment buildings to commercial property, there are many ways you can invest and turn a profit. Below are a few tips to get you started learning more about investing in Chicago properties helping to ensure your success. Know the Market First, it is smart to know the market. What type of rental properties are the best for investing? Depending on your budget, you may be better offer purchasing a...

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Finding the Right Property Management Team

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Finding the Right Property Management Team When it comes to being a board member within a condo association in Chicago, it can be an exciting experience. It can also be quite overwhelming when you do not have the right team in place to help you oversee the day-to-day operations of running an association. That is where Connected Management comes in. Our team is highly trained and experienced in all aspects of condo management and is here to assist you in getting the best of the best out of your management team. Our team offers a variety of services to help provide...

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Why You Should Offer Online Rental Payments

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Why You Should Offer Online Rental Payments In today’s world, most everything is done online. From shopping to interaction with friends, we use the internet on a daily basis. When it comes to your rental property, why not offer online rental payments as well? As technology continues to advance, rental properties have more ways to provide convenience to their clients. Learning more about online payment options will ensure you can provide your tenants with the best and most convenient options for making payments. The Online Advantage Think about this. How many bills do you pay online? If you are like most...

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