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lease rental property chicago

6 Tips To Wow Prospective Renters!

By | #diy, #real estate investing

You’ve only got three seconds to make a lasting impression! This is a simple truth that applies to everything from making new friends in school when you’re a kid, to attracting the ideal tenant to lease. Providing impressive apartment leasing services in Chicago requires a pretty simple approach: surprise potential tenants by making them say ‘WOW!’ with these six tips that will surely have the applications rolling in with no delay.  

The real estate leasing landscape in Chicago shows no shortage of prospective renters, but there are a few easy steps you can take to guarantee your property achieves the WOW factor that attracts in droves and earns you a great reputation!

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WOW Tip #1: It’s Attractive on the Outside (How cute!)

When it comes to first impressions, prospective applicants are already forming an opinion by looking at the building’s exterior and outside spaces—so make sure your front area is in order at first glance.

  • Cut the lawn and keep the gardens maintained.
  • If located on a main street or major intersection, make sure all sidewalks and walkways are well kept and free of damage or debris—especially snow and ice in winter months.
  • Clean and remove any litter lying around on the front of your property, especially, on busy streets and corners.

You’d be surprised at how a fresh cut lawn and a maintained exterior can wow potential renters even before the viewing begins!  


WOW Tip #2: It’s the Paint that Makes it Great

Colors influence moods and evoke emotions in people. Consider what your potential tenant might feel when they walk into a room painted fire-engine red… The color red evokes a range of moods and emotions from energetic to passionate to anger and even aggression. While a few people may appreciate it,  going the bold route will likely work against you. When deciding on colors to paint the interior walls, opt for neutral tones throughout. It’s also easier for tenants to match furniture and decorations with neutral tones. The best neutral tones for painting walls are:

  • Gray blues
  • Beiges
  • Grays
  • Aqua blues
  • Light, subtle browns

Once prospective applicants step foot into a room and smell the scent of fresh paint, it signals a clean and appealing look to the property. Ultimately, the smell of fresh paint goes a long way and definitely sets your property apart. In fact, some of your future tenants may already own the furniture that fits in perfectly with your newly chosen paint colors!

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WOW Tip #3: It’s Super Clean (…does Mr. Clean, like, LIVE here?)

In order to WOW prospective tenants, every aspect of every room must be sparkling clean. They do not want to see dirty dishes in the kitchen sink, dusty floors, and, the worst of it all, rings around the bathtub or toilet. Every room that you are presenting for viewings, must go through a vigorous deep clean. Here’s a list of what you need to do:

  • If you have hardwood floors, make sure you wax them or Swiffer them. They should be spotless.
  • Dust all the window sills, paintings, corners, fan blades, and shelves.
  • Clean and shine kitchen counters and appliances such as refrigerators, stove tops, and cupboards.
  • Deep cleanse the washroom mirrors, toilets, bathtubs, and faucets. Get rid of old shower curtains and replace with a new set.
  • If you have curtains, make sure they are washed. You’d be surprised that curtains smell funny after months of not being washed.

When you’re done cleaning, do an inspection and use your own finger to see if you pick up any leftover dust or dirt. The point of deep cleansing every room is to ensure not one speck of dust can be seen anywhere. Once you’re done shining everything, the best way to find out if its super clean is to see if you can see your own reflection in it.

 

WOW Tip #4: It’s Very Spacious

“Less is more” is so true: rooms simply look larger when empty. It’s an optical illusion that works for everyone. The key to making your properties look their most spacious is to declutter; maybe put some things back in the closet or storage. To declutter, here’s a list of frequently occurring items to remove and help free up space:

  • Books, magazines, piles of loose papers
  • Blankets, pillows, and towels
  • Candles and candle holders
  • Small kitchen appliances such as toasters, blenders, cookie jars, and coffee and tea makers
  • Small lamps
  • Trinkets on side tables
  • Electronics such as DVD players, stereos, landline phones, and alarm clocks
  • Shoes and clothes
  • Office supplies
  • Toiletries, perfumes, aerosol cans
  • Toys  
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WOW Tip #5: It smells delightful! (follow your nose!)

Another way to wow prospective tenants is to tickle their senses with delightful smells. A successful real estate leasing service in Chicago would often go so far as baking chocolate chip cookies in their model homes, creating that “just like home” smell. Plus, it was a nice icebreaker to offer future renters a fresh, warm cookie! Even if baking isn’t your thing, you can easily add ‘WOW’ to your property by:

  • Adding a bowl of potpourri in each room
  • Disposable plugins in the hallways and bathrooms
  • Spray air freshener in the bedrooms
  • A bouquet of flowers in a vase in the living room

 

WOW Tip #6: It’s Depersonalized (Nothing personal)

Probably the most important ‘WOW!’ factor that you’ve got to do is depersonalize the space. It’s important for renters to picture themselves living in the home, so here are some important items to take down before showings begin:

  • Take down all photo frames of family photos placed on bookshelves, desks, walls, and the refrigerator.
  • Pack away framed certificates, diplomas, and wall-mounted plaques
  • Store exercise equipment such as elliptical and treadmills away
  • Tuck away personal care products such as shavers and hair dryers
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The Bottom Line to Wow Prospective Tenants

In order to wow potential renters, remember to appeal to their senses. To showcase the best landlord services in Chicago, make sure you present aesthetics that leave a lasting impression on prospective tenants. You want to wow them by having a beautiful and well-kept exterior, along with new coats of neutral paint on the interior walls. And, most importantly, you want to present a clean, decluttered, and depersonalized space that smells great. Once you implement these wow factors into your properties, you’re sure to attract new tenants happy to sign a rental lease with you!

Getting Help from a Rental Property Maintenance Company

Whether you’re gearing up to buy a new investment property, you just did, or you have a list of buildings you want some assistance with, a Chicago rental property maintenance company can be a great help. Here at Blue Collar, we know that investment property maintenance is a full time job, but it doesn’t have to be YOUR full time job. If you’re tired of spending too much time dealing with maintenance requests, finding reliable vendors, and juggling the logistic of scheduling service calls, contact us today. We’re ready to help!

Contact us today to learn more about the ways we help investors in Chicago.

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property management chicgao

Top 5 Organization and Planning Tips for Property Managers

By | #diy

As a successful property manager, it is your job to juggle lots of hats and to ensure that everything runs smoothly in an organized, efficient manner. This entails presenting the required information to the property owner in a timely fashion and also meeting the needs of the residents so they are kept happy. Without organization, you might quickly find yourself overwhelmed and find it difficult to do your job effectively – whether it’s fielding phone calls, answering emails, meeting with clients, billing tasks or any number of the other responsibilities you are in charge of. Understandably, not everyone is naturally inclined to being organized. If you happen to be one of the many busy property managers struggling to stay on top of all your responsibilities, here are some key management tips that all property managers should be familiar with to help you get organized and on track for success.

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1. Minimize paperwork and clutter.

This industry is abundant with paperwork – it is the nature of the beast. Many hard-copy reports and papers around can easily confuse the efficient functioning of any property management office. Not only can it affect your productivity, but it may result in frustrated and dissatisfied property owner and tenant clients. It also creates more work to keep things organized. Stay on top of paperwork as it comes in. If you are able, making designated time within your day devoted to filing and/or organization can go a long way. An even better solution, property management software can help reduce the need for extensive paperwork, and allow reports to be submitted electronically! This way you will always be able to find what you need, when you need it, and you’ll have a clean workspace to help you stay focused and look presentable for any outside clients.

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2. Identify what can be delegated.

There are only so many hours in the day and as much as we all like to think we are superhuman, the more responsibility we take on, the more it becomes obvious that we can’t always do everything. Sometimes to make your work much more manageable and easy to organize, it’s necessary to delegate some of your workload to others, or even outsource it to someone offsite. Especially if you are delegating to someone who has specific skills to be better at efficiently completing the task. By doing so, you will free yourself up to be able to focus on your most important tasks at hand.

3. Establish a solid contingency plan.

Professional property management would be a piece of cake if everything always went exactly as planned. However, we all know, there will be situations of bumps in the road big and small, come up and you should be prepared to handle every situation as they arise. For example, what happens if a property floods? What about the recovery process following a fire? These are circumstances where you need to act quickly and without hesitation. Having a complete, detailed contingency plan in place that can be referred to immediately in the event of an accident or crisis can be the difference between a quick, timely resolution and a stressful, disorganized situation. To create your contingency plan, document in detail what steps are to be taken should a property experience a flood, fire and other potential situations. It will be best to distribute this document to all employees and filed where each of them can find it fast.

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4. Develop a protocol for an unhappy tenant.

The key to being successful in this industry is communication. Prompt, professional, and efficient responses to all inquiries, especially complaints, are important in building trust with a client. If you are overwhelmed and unorganized, timely communication can become a challenge. So what do you do if a property owner or tenant is unhappy with an aspect of their home, maintenance request responses, or anything else regarding your facilities management, what do you do? You can reduce potential negative feedback by planning ahead for how you will handle unhappy clients so next time you are contacted regarding a situation that needs a property manager’s attention, you will be prepared to respond accordingly and rectify the situation in a timely manner.

5. Implement a communications protocol with the property owner.

Like we mentioned in #4 above, communication is king in the professional property management industry. One of the fastest ways to feel underwater is finding yourself playing phone tag or crawling out of what seems like endless threads of e-mails. So before you find yourself in this trap, save yourself time, any potential frustration and even a valuable client, with a communications protocol that is an agreed upon, mutually beneficial, method of communication that includes an acceptable turnaround time, that makes sense with both you and the property owner. Obviously, to function efficiently, you can’t always be available 24/7, to the owner, but keeping communications moving forward and smoothly will keep you as a trusted and organized property manager.

Getting Help from a Rental Property Maintenance Company

Whether you’re gearing up to buy a new investment property, you just did, or you have a list of buildings you want some assistance with, a Chicago rental property maintenance company can be a great help. Here at Blue Collar, we know that investment property maintenance is a full time job, but it doesn’t have to be YOUR full time job. If you’re tired of spending too much time dealing with maintenance requests, finding reliable vendors, and juggling the logistic of scheduling service calls, contact us today. We’re ready to help!

Contact us today to learn more about the ways we help investors in Chicago.

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best general contractor chicago

How to Choose The Best Contractor for Your Remodels, Repairs & Upgrades

By | #diy, #real estate investing

Many times it is easier to spot a bad contractor than it is to spot a good contractor. When choosing the right contractor we want to look at their reputation, work portfolio, and how they communicate with us. The right contractor should be trustworthy, have a proven track record and treat us with respect.

Being Trustworthy is one of the most important traits when choosing a contractor since they will be working on your property and be in your home. So how can we make sure someone is trustworthy?

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Reputation

Reputation speaks volumes! Ask friends, family and neighbors if they can recommend a good contractor.  Someone that does good work will come highly recommended. Check out online ratings as well. People love to talk about bad contractors which can easily help you narrow down your choices.   

Reputation really is everything when it comes to contractors. If they have a strong reputation it is likely hard earned and will speak volumes about them being credible and trustworthy.  

A solid contractor will have a portfolio with examples of their work that you can review. A reliable contractor will not mind showing you examples of their work.

Important Fact: Seeing examples of their work also helps you to decide if their style and yours can mesh well to accomplish your goals.

Communication

It is important that a contractor has the ability to communicate with you. Before you ever hire anyone be mindful of how long they take to call you back. Everyone gets busy so it is understandable when a contractor doesn’t call back the same day. However, you should expect a phone call within the next 24 hours. If they take longer than that to get back to you we recommend moving on and finding someone with a faster response time.

Important Fact: Even if a contractor gets back to you quickly, you also want to make sure that your questions are answered and that the contractor is patient with your questions.

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Gut Instinct

Sometimes you meet a contractor and just something about them (you usually cannot put your finger on it) does not sit right with you.  No matter how great someone’s references are, or how impressive their work is, if you are not comfortable hiring them, don’t! You do not HAVE TO hire anyone. It is your property and it is very important that you are comfortable with the person that you choose.

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Nothing Beats Due Diligence

It is really up to you to do the research before you hire anyone.  You are letting this person onto your property and trusting them with costly home improvements. Make sure they can be trusted by checking references and before and after work. In addition, ask them to verify they have all the right business licenses and insurance in place.

Ask, check and then check some more.  Any contractor that is a good contractor will not mind answering your questions and providing you with proof of coverage. If they get annoyed with your diligence, run! You want a contractor that really appreciates having you as a client.

Final Tips on Choosing the Right Contractor

Once you have made the choice, be sure to get every detail in writing. Do not leave anything up to chance. A strong contract that outlines all the expectations and all the responsibilities of each party helps to keep everyone on the same page. Look to provide extensive and detailed explanations to ensure crystal-clear expectations.

One of the biggest mistakes property owners make is that they are hesitant to demand that everything be put in writing.  It can be hard to “speak up” when a contractor is promising something and say “hey, can you put that in writing in our contract”?  If it is not in writing then you cannot count on it. The right contractor will be more than willing to put all the job details in writing.

Lastly, do NOT pay for all the work up front. It is common for contractors to ask for a fee upfront to minimize their risk and cover job materials. If it is in the contract to pay a percentage up front that is fine. We do not recommend you pay no more than 50% up front and do not pay the remaining balance until you are 100% satisfied with the outcome. If you pay the full balance before the job is finished, you may have a challenging time getting them to finish the work.

Getting Help from a Rental Property Maintenance Company

Here at Blue Collar, we know that investment property maintenance is a full time job, but it doesn’t have to be YOUR full time job. If you’re tired of spending too much time dealing with maintenance requests, finding reliable vendors, and juggling the logistic of scheduling service calls, contact us today. We’re ready to help!

Contact us today to learn more about the ways we help investors in Chicago.

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5 “Cheat” Upgrades to Avoid Doing in Your Chicago Investment Property

By | #diy

Owning investment properties in Chicago is a great business to be in. Demand for rentals is high, and the inclination to do repairs and implement upgrades on your properties is understandably strong. Marketing the best property on the block takes work, and for some landlords, that has meant doing what some might call “cheat” upgrades. Cheat upgrades can simply be defined as work that seems like it will save time or money at the outset. However, these projects end up costing more and taking much more time to fix than they would have taken to do the job the “right” way the first time around.

With that in mind, we at Blue Collar want to help make sure our investors don’t make these mistakes! After all, it’s our goal to make your life easier, not more complicated. When it comes to upgrades and new finishings in your Chicago investment properties, here are five big ones you’ll want to avoid cutting corners on. Save yourself time, money, and frustration and get the job done properly the first go around—you’ll be glad you did.

1) Painting Over Wallpaper

DIY painting jobs are a great way to save money on updating properties, but one way you can cause more work for yourself is by painting over wallpaper. While some sites around the internet suggest there’s nothing wrong with this method, the truth is that sooner or later, that wallpaper is going to start peeling, and in addition to the seams of the wallpaper showing through the paint, you’ll then have to worry about what to do with the peeling paper. This can lead to a project that involves not only having to take down the wallpaper (usually with special tools to protect the underlying drywall), but having to sand the walls and repaint.

It’s best, if you don’t like the wallpaper in a property, to get rid of it before ever picking up a paint roller.

2) DIY Kitchen Renovations

Plenty of property owners attempt do-it-yourself kitchen upgrades with great success, but oftentimes, that can be attributed to luck. Attempting to hang cabinets on your own or purchasing pre-made sets of kitchen fixtures from big-box or hardware stores can save you some money, but if you wind up with a sloped or un-level cabinet or counter, or worse—a set of cabinets that don’t quite fit or work well with the space you have, and you have to start all over. Unless you’ve got considerable experience renovating kitchens, this is an upgrade that should be left to the pros.

3) Using an Overlay Coating to Fix Bad Concrete

Concrete floors and walkways can be a stylish option in modern buildings, especially ones with open-concept or loft-like styling. Whether they’re outdoors or indoors, concrete bases must be in great condition in order to benefit from decorative overlays. If the concrete at your building has any damage–cracks, chips, dings, or other problems, it can be tempting to simply install a concrete overlay system to cover up the problems, but you’ll quickly learn that that’s all it will be doing—covering up, not fixing, the problems.

 

Overlays are only as good as the base they go over. They are not meant to fix concrete that is in bad shape, and if you pour an overlay onto cracked or damaged concrete, you’ll merely end up with a cracked and damaged-looking overlay that you’ll then need to fix even further. That project will be much more labor intensive than it would be had the concrete been fixed before pouring an overlay.

 

4) Installing In-Unit Laundry Machines Without Proper Plumbing Help

A value-adding upgrade for rental investment properties in Chicago and many other cities is adding laundry machines to each unit. In-unit laundry is an amenity that can net you a significant amount more rent, especially if you’re renting to young families with kids—renters that need to do a lot of laundry. However, unless you’ve got plumbing expertise, this can be a job that can cause more damage that is expensive to repair. For instance, washing machines can leak to lower floors, and ventilation can be lacking, which can lead to mold growth on walls, in ceilings, and elsewhere. Mold can be an expensive problem to fix, and since it’s very preventable, it’s to your benefit to hire professionals to help install laundry machines.

5)  Replacing Interior Flooring On Your Own

Whether you’re installing tiling, vinyl flooring, hardwood floors, or laminate, you should enlist the help of a professional to do this job. Doing it yourself can seem like a great way to get the job done faster and more cheaply, but measuring mishaps, technique slips, and more missteps can lead to ruined materials, wasted time, and a huge headache. Plus, if these problems arise, you’ll end up hiring a professional to backtrack and finish the job. Instead of risking damage to costly materials and wasting a lot of effort, it’s best to consult with professional flooring contractors.

Getting Help from a Rental Property Maintenance Company

Whether you’re gearing up to buy a new investment property, you just did, or you have a list of buildings you want some assistance with, a Chicago rental property maintenance company can be a great help. Here at Blue Collar, we know that investment property maintenance is a full time job, but it doesn’t have to be YOUR full time job. If you’re tired of spending too much time dealing with maintenance requests, finding reliable vendors, and juggling the logistic of scheduling service calls, contact us today. We’re ready to help!

Contact us today to learn more about the ways we help investors in Chicago.

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Rental Property Maintenance Chicago

4 Ways to Add Additional Security to Keep Your Tenants and Property Safe

By | #diy, #real estate investing

Whether you’re new to owning investment rental properties in Chicago, or you’ve been involved with it for many years, one issue that keeps evolving is the topic of security—how to keep both your tenants and the property itself safe. That can mean keeping it safe from intruders as well as protecting yourself from liability from tenants, and when you’re a landlord or property owner, it’s important to maintain secure buildings. Not only does it make your life easier, but it can save you money over time, particularly if you don’t have to replace or repair things that are damaged, stolen, or broken. As a rental property maintenance company in Chicago, we at Blue Collar see the different ways that landlords and investors protect their properties, and we’re happy to pass the most helpful tips we’ve seen on to you.

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Check Crime Stats Before Buying

Perhaps the biggest and easiest bit of advice to give is that before you commit to purchasing a property, check out the crime stats around it. What you do with the information will be up to you, but knowing what’s common around the area will inform you on how to protect tenants from potential problems. For instance, a slightly higher crime rate may be encouragement to set up security cameras/alarms, motion-sensor lights, or other security-increasing products.

Don’t be scared off by any crime appearing on a crime report though—the fact is that crime is unfortunately everywhere, but knowing about it will allow you to ensure your tenants and property is better protected.

Fixtures that Increase Safety and Security

Install Fixtures that Increase Safety and Security

Along that line, the biggest way to increase safety and security at your buildings is by installing various security measures:

  • Call boxes at the front door to allow guests to be buzzed in, rather than unlocked main doors that lead to locked apartment doors—this weakness in security is one too big to overlook, so if you’re not interested in a call box, at least make sure that the main entryway door is locked at all times.
  • Security cameras should be installed near entryways, bike racks, fire escapes (especially if they go all the way to the ground level and are easily accessed), and parking lots. These areas should be well lit, as well.
  • Motion sensing lights can be installed around entrances and other points on the property that need additional security, as well as parts of the building’s interior that aren’t frequented as often, like basement laundry rooms or storage areas.
  • Window bars can be installed on ground level windows for additional security. These can be decorative, as well—no need to worry about unsightly additions to your property.
  • Intercom systems can help prevent people who are strangers from being let in by well-meaning neighbors. This way, visitors can contact the party they’re visiting and gain access, but people with nefarious motives won’t be able to gain access—be sure to stress to tenants not to allow entry to unexpected visitors or strangers.
  • Alarm systems that will go off in the event of unauthorized entry, as well as visible signage detailing these systems’ presence can help prevent criminal activity.
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Protect Yourself: Make Sure the Property is Well-Maintained

Beyond installing things that keep tenants safe, a way that you can ensure you are protected is by making sure that the property is well maintained and safe to patronize.

Check on things like whether doors and windows lock properly, whether staircases are safe, and whether common areas are secure—making sure of these things can help prevent you from being liable for issues like injuries, break-ins, or theft. If your investment property in Chicago is well-protected from crime and other safety issues, you’re set. Talk to a rental property maintenance management company to shed some light on the various ways you can increase security to protect both your tenants and yourself.

Rental Property Maintenance Chicago

Use a Property Management Company in Chicago to Help Protect Your Building

One more way you can protect your property is by working with a Chicago property management company. Beyond simply advising you on ways to make your buildings more secure, they can dispatch any necessary contractors or response teams if a problem ever does arise.

Property managers will be able to offer their own tips for safety and security based on where your building is located, as well—different parts of the city may require different security measures. For instance, if you’re used to dealing with securing outdoor parking lots, but purchase a building in a part of the city that offers underground or covered parking, there may be steps to take that you might not think of. Property management companies have experience dealing with a wide range of property types, and will be able to offer you advice based on the specific property you have bought.

Property Management Company Chicago

Getting Help from a Rental Property Maintenance Company

Whether you’re gearing up to buy a new investment property, you just did, or you have a list of buildings you want some assistance with, a Chicago rental property maintenance company can be a great help. Here at Blue Collar, we know that investment property maintenance is a full time job, but it doesn’t have to be YOUR full time job. If you’re tired of spending too much time dealing with maintenance requests, finding reliable vendors, and juggling the logistic of scheduling service calls, contact us today. We’re ready to help!

Contact us today to learn more about the ways we help investors in Chicago.

LEARN MORE
winter-property-maintenance

6 Maintenance Tips To Prepare Your Rental Property For Winter

By | #diy, #real estate investing

Finally, it’s football season and Thanksgiving is just around the corner! The kids are back in school, you are looking forward to tailgating at Soldier Field and taking a trip to your favorite orchard to gorge yourself on fresh donuts, while picking out a pumpkin or apples or both! Fall is a great time of year, the sports the holidays. In between all the fun fall festivities, take a little time to check in on your investment property and do a little preventative property maintenance.

Snow Prep

(If you are in a region where snow is not a problem, lucky you, you can feel free to skip ahead in this section)

What are you going to do when the first blizzard of the season hits? Unsurprisingly this first big snow will be labeled “The Blizzard of the Century” or “The Snowpocalypse” or “Snowmageddon”, but anyways we digress. Your poor tenants need to get to work but are snowed in! How will they pay their rent if they can’t get to work!?

Okay, that’s a bit extreme, but it’s an almost real scenario. The point is you need to have a snow removal plan for your property. Do you have a truck with a snowplow you just love using during the winter months and the newest top of the line snow blower? Well, kudos to you. However, for the other 99% of investment property owners out there, a snow removal plan is a must.

We recommend calling around to local snow removal companies in your neighborhood and getting a few quotes. Many companies will offer a discounted early bird special if you commit to paying for a full year upfront. This is a great way to plan for the winter months ahead of time instead of being stuck calling off work to go shovel snow at your investment property.

 

L-eavesdropping

Those lovely fall leaves just love to hangout in gutters, make sure to clean out the gutters to ensure snow has somewhere to go. Gutter maintenance is important because as snow melts, if there are blockages that stop water from making it to the ground, the water has no choice but to head back towards your property. This backup of water can lead to larger issues such as water damage, mold, and erosion to your property. So do a little preventative maintenance and keep your gutters clean, as well as up-to-date to protect your investment property from damages.

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Keep the Heat

During the fall months we make the transition from A/C to heat. Early fall is a great time to have your heating system serviced to ensure it is running efficiently and will be able to keep your tenants warm throughout the upcoming bitter winter. It’s also a great idea to clean your investment property’s heating mechanism. Clean all ducts, air filters, and heat grills of dust and other build-up. This will help ensure higher air quality throughout your property for your tenants.

Preventative maintenance to keep your heating system working efficiently isn’t the only way to make sure the temperature inside stays comfy and cozy. Inspect all windows and doors to the outside to ensure they shut and seal properly. If you find a wonky seal, fix it! This will ensure that once the heat is turned on for the colder months of the year, it stays in and doesn’t escape outside.

Another preventative maintenance measure to keep heat from leaking out is to change out window screens for storm screens. To reduce pesky and possibly harmful condensation buildup on windows, remove screens from the inside of casement windows. Nobody wants foggy windows–at least not from the heating system.

Keeping it Clean

Although your investment property’s heating system got a little workout during the fall months, it’s now going to be putting in a lot of overtime hours. To make sure your furnace or other heating systems are running well, check and change all heating filters. Depending on how heavily the heating system is being used, filters may need to be replaced on a regular basis throughout the coldest months of the year–we suggest every 30 to 60 days.

winter-property-maintenance

Hot Water

When was the last time you had your water heater serviced? It’s always best to ask for help before you get yourself into hot water! Before it gets too crazy cold, check your water system and make sure the water heater is working properly. Water heaters should be flushed every two-years to remove mineral deposits and will help your heater run more efficiently. It’s important to make sure your investment property’s hot water heater is working effectively and efficiently to ensure lower water and heating bills, as well as the overall contentment of your tenants.

 

Moisture

During the winter months, heating systems can sometimes lead to more moisture in the air and create condensation on cold windows. It’s important to monitor your investment property for excessive moisture levels. If moisture levels are too high it can cause damage as well as create an environment for health issues for tenants (aka a breeding ground for mold and bacteria!).  It’s also important to inspect windows and doors throughout the winter months for internal ice build-up and cold air leaks. Be sure to make a note to replace or repair these issues during the spring.

Finding Reliable Help for Your Chicago Investment Properties

Here at Blue Collar, we know that investment property maintenance is a full time job, but it doesn’t have to be YOUR full time job. If you’re tired of spending too much time dealing with maintenance requests, finding reliable vendors, and juggling the logistic of scheduling service calls, contact us today. We’re ready to help!

LEARN MORE