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Property Management Blog

Blog Post How to verify income and employment for rental applicants

How to verify income and employment for rental applicants

By Yellow Key PM Thursday, July 2, 2026
Most landlords don't lose money on bad tenants because they got unlucky. They lose money because they skipped a step they knew they should have taken.We're talking about income and employment verification. Not the "they said they make enough" version. The actual...
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Blog Post What does a credit check show landlords (and what score is good enough)

What does a credit check show landlords (and what score is good enough)

By Yellow Key PM Wednesday, July 1, 2026
Most rental property owners we talk to fall into one of two camps. The first checks a credit score, sees something above 650, and approves the application. The second obsesses over the number alone and misses the whole story underneath it. Neither approach is right.If you own a r...
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Blog Post How to run a background check on a rental applicant

How to run a background check on a rental applicant

By Yellow Key PM Tuesday, June 30, 2026
Most rental property owners think they're doing thorough screening. Then they find out six months into a lease that they weren't.We've talked to landlords across DuPage County, Kane County, and suburban Cook County who thought a credit check was a background check. Th...
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Blog Post Rent Collection for Landlords: How to Get Paid On Time Every Month

Rent Collection for Landlords: How to Get Paid On Time Every Month

By Yellow Key PM Friday, May 29, 2026
If you own a rental property, you already know the monthly rent check is the whole point. It's what makes the mortgage payment, covers the insurance, funds the repairs, and hopefully leaves something in your pocket. So when that payment doesn't show up on time, everything...
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Blog Post Tenant Screening for Rental Property Owners: What You Need to Know

Tenant Screening for Rental Property Owners: What You Need to Know

By Yellow Key PM Friday, May 29, 2026
You own a rental property. Maybe it's a single-family home in a quiet subdivision, a condo in a walkup building, or a townhome you inherited or intentionally acquired as an investment. Either way, the single most important decision you'll make as a landlord happens before...
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Blog Post Lease Agreements for Landlords: A Complete Guide

Lease Agreements for Landlords: A Complete Guide

By Yellow Key PM Friday, May 29, 2026
If you own a rental property and you've been winging the lease situation, this one's for you.We talk to owners all the time who grabbed a lease template off the internet, maybe tweaked a few lines, and thought they were covered. Some of them were fine for years. Others fo...
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Blog Post Calculating Prorated Rent for Your Chicago Rental Property

Calculating Prorated Rent for Your Chicago Rental Property

By Yellow Key PM Wednesday, May 21, 2025
As a landlord in Chicago, you know that not every tenant moves in or out at the start or end of the month. In these cases, understanding how to calculate prorated rent is essential. This ensures you're charging fairly for your rental property, based on the actual number ...
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Blog Post How to Attract High-Quality Tenants with Strategic Marketing Tips

How to Attract High-Quality Tenants with Strategic Marketing Tips

By Yellow Key PM Wednesday, May 7, 2025
Want to stop chasing late rent and start building a stable rental income? The secret is simple: learn how to attract tenants with strategic marketing. Great tenants make all the difference—they pay rent on time, take care of your rental property, and stick around longe...
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Blog Post Unlock Rental Success with In-Depth Rental Analysis in Chicago, IL

Unlock Rental Success with In-Depth Rental Analysis in Chicago, IL

By Yellow Key PM Monday, April 21, 2025
Rental property owners in Illinois can expect to charge around $1,900 in rent each month, according to World Population Review. In cities like Chicago, they can often charge much more.Whether you're a seasoned investor or a new landlord, understanding the nuances of rental an...
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Blog Post 3 Key Strategies for Effective Portfolio Management in Chicago, IL

3 Key Strategies for Effective Portfolio Management in Chicago, IL

By Yellow Key PM Monday, April 7, 2025
In Illinois, investors can expect to pay around $280,000 for a rental property, according to World Population Review. In the fast-paced world of real estate investment, mastering the art of portfolio management is essential for any investor.If you're operating in Chicago, IL,...
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