Property Management Blog

Top 5 Benefits to Having An HOA in Elgin, Chicago

The homeowner's association (HOA) often attracts controversy. While many criticize HOAs, they also have fervent supporters. In fact, according to recent statistics, nearly 60% of newly constructed homes are part of an HOA community.Many people see the advantages of living in ...

What Services Do HOA Management Companies Provide in Elgin, Chicago?

Illinois is one of the leading HOA powerhouses in the nation. Chances are good that you're also part of an HOA. Since HOAs often bring unity, higher home values, and stability to members, it's no surprise people seek them out.The problem is that an HOA can be a detriment ...

HOA Board Responsibilities: A Brief Guide

Homeowners' associations can be a benefit to the community, offering amenities that can make life easier. HOAs are often made up of volunteer members who form the committees and boards.HOAs are important for maintaining the quality of living in many communities and require th...

Community Association Manager: Leading Communities to Thrive and Flourish

Illinois now has the fourth-highest number of community associations (19,010) in the US. Though the majority of homeowners in these associations (89%) are happy, many volunteers experience burnout. In fact, these volunteers complete 98.5 million hours of volunteer service for the...

HOA Fees in Chicago, IL: What You Need to Know

In Illinois, the average monthly HOA fee is around $387. Keep in mind, though, that this listed fee might only be the base rate. Sometimes, extra costs could show up.Unexpected situations like a roof repair or your HOA battling a legal issue can mean extra expenses for you. These...

3 Things to Know About HOA Evictions in Chicago, IL

After a brief decline, evictions are back in Chicago, IL. The number of evictions has now reached pre-pandemic levels. Roughly 29,000 households faced eviction dating back to last year.Most people understand that eviction is possible when renting from a traditional landlord. Howe...

Pets in a Community: What Are HOA Restrictions on Pets in Chicago?

Did you know that more than 80 million Americans own a dog or cat? Many millions more own birds, horses, and other exotic animals.While many households treat pets like family members, others do not share the same enthusiasm. Certain breeds, like pit bulls, have a negative stereot...

How to Maintain and Increase HOA Home Value in Chicago

When you read the latest real estate report on home prices, does it fill you with jitters, or are you as indifferent as you would feel reading a weather report?Your answer could tell you a lot about how important your home valuation is to you.But you don't have to be at the m...

Association Management Companies: Key Players in Community Development

The phone is constantly ringing, there's a mountain of paperwork to finish, and it's time to review the finances again. Without help, your association's volunteers could wear themselves out.The best association management companies have processes in place to ensure ef...

Association Management: A Comprehensive Guide to Successful Operations

Imagine waking up with your community's finances in order, zero email messages to respond to, and no stress. With association management services, it's possible! The best association manager will manage your community while adding value to those who live there.Not sure ho...