Chicagoland Real Estate and Property Management
The RedStar Blog
Online reviews might seem like nothing to sweat over but they can have a huge impact on the success of a business, and whether or not you have enough tenants to fill the building next month. Choosing a perfect apartment isn’t something people take lightly so online reviews can be...
It's the age old question for those looking to profit from a potential real estate investment - is it better to flip a property (buy, make improvements, and sell) or buy a property for the rental income? The answer? It depends greatly on your risk tolerance, your skill set and...
Congratulations! You’ve purchased a rental property and you’re now on your way to creating a steady stream of passive income. At some point in the near future, however, you’ll be looking for opportunities to increase the income you receive from your investment property. The following lists some easy and practical...
Advances in PropTech are rocking the real estate investment world by making investing, record-keeping, property maintenance, and a slew of other tasks easier to do, while also lowering costs. As you probably already know, as an asset class, real estate contributes $3.5 trillion to United States GDP (about 13% of...
When it Comes to Building Condos, it IS Easy Being Green New Green Condo Initiatives Can Save Property Owners Big Buck in Energy Savings As we all know, there’s been a lot of discussion in Washington and elsewhere recently regarding issues associated with climate change and the “Green New Deal”....
The effects of higher interest rates can have a chilling effect on real estate investment, but it doesn’t mean you can’t insulate yourself from the cold. Real estate investment has never sailed on a sea of tranquility. Sometimes the waters can get a little choppy. And sometimes a strong storm...
Establishing a Better Tenant Welcome Package Template Can Pay Dividends Down the Road If you own rental properties, you already know that being a landlord can sometimes be a thankless job. Even if you’re “in compliance” with every housing ordinance under local, state and federal law, that doesn’t mean that...
Floor Plans Help Real Estate Investors Sell Properties to Customers More Effectively A Picture is Worth a Thousand Words. Creating 2D and 3D Floor Plans Can Help Potential Buyers Get a Clearer Impression of Each Property. Former NFL head coach Chuck Knox once said: “Always have a plan…and believe in...
A savvy real estate investor's guide to property management Are you looking at real estate as an investment opportunity? If so, you better have a terrific team in place throughout the experience - from property renovation to tenant retention - if you plan on turning a profit. Who do you...
When you initially invested in that real estate property, did you imagine all of the myriad challenges you would face when it came to renting? Unlikely, and, you're not alone. From upkeep and repairs to marketing and rent collection, it can simply be too much for those who initially were...