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The 5 best rental markets in Illinois for investors & property managers in 2025

Buildium

Joseph Medical Center, the city and county governments, and the local school districts. The Bloomington Center for the Performing Arts is a great place to catch a concert or theatrical production, while the Miller Park Zoo is a family-friendly destination for both education and leisure. Multifamily Cap Rate (Q3-’24): 8.3%

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Differences Between Commercial Property Management vs Residential Property Management

Property Management Inc.

Whether you're contemplating managing an investment property or weighing the pros and cons of residential versus commercial spaces, you need a solid grasp of what sets these two worlds apart. They cater to consistent demand for living spaces, whether single-family homes or apartments.

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Airbnb Investment: 101 Guide

Hospitable

Research local laws and regulations Conduct thorough research to understand the laws and regulations governing short-term rentals in your target markets. Contact the city or municipality or check the local government's website to find out if you can run an Airbnb business there. They can set your listing apart, attracting more guests.

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Essential Safety Features for Gardena Rental Properties

Real Property Management Choice

These are more appropriate for multi-family buildings or apartments. For single-family homes, consider installing video doorbells. Make sure youre aligned with any HOA requirements if your rental property is governed by an association. Video doorbells are very popular among tenants.

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How to List on Airbnb: a Beginner’s Guide

Hospitable

If you’re thinking about renting out your home or apartment to travelers, in this guide, we’ll provide step-by-step instructions on how to list on Airbnb and appear higher in search results. How to List on Airbnb Airbnb offers listings for various accommodations, including single-family homes and investment properties.

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The Importance of an Accurate Rental Application

American Apartment Owners Association

In limited situations, the FHA does not apply to buildings with four or fewer units that are owner-occupied, single-family homes rented or sold by the owner without an agent and housing run by private or religious organizations that offer residences to members only. What are legal grounds for rejecting an applicant?

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How To Determine A Fair Rental Rate Plus Factors To Consider

Rental Choice

For example, if you’re renting out a 1-bedroom apartment, you should likewise figure out the average price for 1 bedroom apartment places around the area. Looking at the average rent prices for single-family homes will bloat your estimate. Rent Control Some areas have government-mandated rental caps.