Property Management Blog

Should I pay off my mortgage? Part 2 (Extra Equity)

By Cruise Property Management Tuesday, March 26, 2019

*Below is to show an example in a particular situation. In real life, you may have to consider your unique case and consult with an appropriate professional. At the last blog, everything being equal, I wrote about why buying multiple houses generates more cash flow than paying of...

Should I pay off my mortgage? Part 1 (Cash Flow Is King)

By Cruise Property Management Wednesday, March 20, 2019

*Below is just to show an example in a particular situation. In real life, you may have to consider your unique situation and consult with an appropriate professional. Let’s say you just got $200,000 mortgage for your primary residence and right after that inherited $200,00...

What's Wrong With "Great" Tenants?

By Cruise Property Management Tuesday, February 5, 2019

All owners are looking for great tenants. Those who have great credit scores, keep the house clean, have been working for a long time at secure high-income jobs, no criminal history, and no evictions. There are two problems with these types of people. Can you figure out what they...

January Real Estate Notes

By Cruise Property Management Wednesday, January 30, 2019

I want to share some stories that I read in Jan '19. Emotional Support AnimalIt is unfortunate, but some people lie and call their animal, "emotional support animal" by providing some questionable certificate. This is their way of renting a house that does not ...

New "For Rent" Sign

By Cruise Property Management Wednesday, January 23, 2019

I'm happy to announce our new "FOR RENT" sign. It has all the information you need, the design is unique, and the "FOR RENT" stands out because of the white font with a red background. If you want your property to be rented, don't hesitate to contact u...

Homeless

By Cruise Property Management Friday, January 18, 2019

While I play a small role in helping people finding their homes in Lake County IL, I know a lot of people don't have homes and need help. I support Lake County Coalition for the Homeless.

20 Money Questions You Want to Ask Before Hiring a Property Manager

By Cruise Property Management Saturday, January 5, 2019

Let’s say you decided to hire a property manager. What does it cost you? That will depend on which property manager you chose. The important thing is to make sure you understand all the fees before you sign a management agreement. You may know the major fees, such as leasin...

Will EtO affect the housing market?

By Cruise Property Management Friday, January 4, 2019

On November 2nd, 2018, Chicago Tribune reported the danger of ethylene oxide (EtO) around Waukegan and Gurnee in Lake County. The history of EtO can be found here. Since then, numerous articles have published including some comments from the Gurnee village and EPA. While the heal...

Rental Cycle

By Cruise Property Management Wednesday, January 2, 2019

Renting out a property may look overwhelming initially, but knowing what you have to do step-by-step should help you better manage the whole process. Below is one example of that. Know that it’s impossible to cover everything in one article, so do your due diligence before ...

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