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Property Management Blog

Blog Post How Often Should a Landlord Inspect Rental Property in Chicago, IL?

How Often Should a Landlord Inspect Rental Property in Chicago, IL?

By Yellow Key PM Saturday, December 21, 2024
NewsNation reports that higher utility bills, insurance premiums, and property upkeep costs in the U.S. contributed to a 26% increase in homeownership costs from 2020 to 2024. As a result, homeowners must now spend over $18,100 yearly to own and maintain an average single-family ...
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Blog Post Chicago Accidental Landlord Tips

Chicago Accidental Landlord Tips

By Yellow Key PM Saturday, December 7, 2024
Have you recently become one of Chicago's accidental landlords, perhaps due to acquiring inheritance property? Or maybe you've encountered unforeseen personal circumstances, resulting in your need for extra income.Regardless of the reason, here's some good news. Accor...
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Blog Post Landlord Insurance vs Umbrella Policy

Landlord Insurance vs Umbrella Policy

By Laura Olson Tuesday, February 27, 2024
As a real estate investor, you may wonder if you need landlord insurance or an umbrella policy. Landlord insurance is a type of property insurance that protects landlords from financial losses due to damage to their rental property or from liability claims made by tenants. U...
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Blog Post How to Rent Out Your House in Illinois

How to Rent Out Your House in Illinois

By Yellow Key PM Thursday, December 14, 2023
It was not long ago when any property owner could post a rental listing online and have a qualified tenant lined up to view and apply to rent their home. The demand for rentals far exceeded the supply during the 2021 housing boom. Any reasonably clean rental home was likely to be...
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