
5 Reasons Why Short-Term Rentals Are Sound Long-Term Investments
by David Rigney

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David’s Vacation Escapes Real Estate Services
Your Partner in Real Estate
by David Rigney
by David Rigney
Beautiful 2 Bedroom Condo for Sale in Oak Lawn, IL with 1 Full Bath, 1 Half Bath, Washer/Dryer In Unit, Two Patios, End Unit and Attached 1-Car Garage Parking. Enjoy Heated Parking Garage. Text code: condo5540 to (847) 278-9296 for more information...
847-780-7430http://www.chicagohomesearch.infoMaster Partners RealtyLicense #: 475.122194Listed by: Master Partners Realty
by David Rigney
If so, this article is for you. In today’s fast-paced world, vacation rental hosting has become a lucrative business. However, to maximize your earnings, you need to understand how to host for both short and long term stays. In this article, I will provide you with insights into how to set up, market, and manage your vacation rental to maximize your income.
Continue Reading …by David Rigney
To help us create content that resonates with our audience, we’ve done some research to identify the most popular topics related to the Chicago Land Area. Here are the results in a table format:
Topic | Popularity Score |
---|---|
Top Tourist Attractions | 90 |
Best Restaurants | 85 |
Cultural Events | 75 |
Outdoor Activities | 70 |
Nightlife | 65 |
Hidden Gems | 60 |
Shopping | 55 |
Family Fun | 50 |
Sports | 45 |
History | 40 |
by David Rigney
As a guest, vacation rentals are a great alternative to hotels in every aspect, offering you much more for your money, including additional space, privacy, convenience, and amenities. Vacation rentals also present you with a unique opportunity to create a more personalized, memorable vacation experience when compared with traditional hotels. Find your next vacation or Buissness rental property.
You’ll have the practical comfort of an actual residence, the ability to explore the neighborhood, and the opportunity to discover aspects of your destination you might not encounter when staying at a hotel. If you’re vacationing with family, vacation rentals are an excellent option, typically offering multiple bedrooms, kitchens, laundry rooms, and easy access to local entertainment.
Safely renting your space as a property owner through a professional manager can be an easy and reliable revenue source, transforming it into an asset that offers a significant return on your investment. You’ll also be able to use the property when you choose, spending your own vacations there with family, while renting it to guests the rest of the year.
A professional vacation rental manager will handle all the logistics, securing responsible guests, and maximizing your return through an expert understanding of the industry and in-depth knowledge of the local community. They’ll also handle cleaning the property to the highest standards, advertise, handle inquiries, collect deposits and balances, generate agreements, and follow-up post-rental, so you can sit back and simply enjoy the experience.
by David Rigney
The new Illinois real estate rental checking tenant law for 2023 can be a challenge, but there are other ways to make sure you have a good person or persons renting your property.
There are many great sources to check a person character on how well they are a renter and make a sound decision in choosing the right renter for your property.
Chicago adds parental status and source of income as protected classes in 2023. The city of Evanston and the city of Naperville also add protections for source of income as a protected class in 2023.
The Illinois Fair Housing Act extends protections against discrimination on the basis of age, ancestry, sexual orientation, gender identity, marital status, military status, domestic violence victims, and pregnancy. It also adds protections for perceived members of the disabled, sexual orientation, or gender identity, and individuals who are associated with disabled persons.
Public Act 097-0470: The Landlord and Tenant Act is amended by adding Section 15 as follows: After a dwelling unit has been vacated and on or before the day that a new lessee takes possession of the dwelling unit, the lessor shall change or rekey the immediate access to the lessee’s individual dwelling unit. This Act took effect January 1, 2012.
Source: Bills Going Into Effect In 2023 | Illinois Senate Democrats | 102nd General Assembly https://www.illinoissenatedemocrats.com/images/PDFS/2022/bills-taking-effect-2023.pdf
by David Rigney
Enjoy This Beautiful Update 4 Bedroom Home In Addison Illinois... Text RENT1750 to (847) 278-9296 for Details and Photos
847-780-7430http://www.chicagohomesearch.infoMaster Partners RealtyLicense #: 475.122194Listed by: Master Partners Realty
by David Rigney
The home-buying process can feel overwhelming. From homebuyer counseling to finding a mortgage, we’ll provide you with the information you need to take the first step.
Continue Reading …by David Rigney
The application process for many renters has moved entirely online. While this is certainly more convenient, it also means that identity fraud is a bigger risk. Luckily, once you know and can recognize the signs of fraud, you’re less likely to be taken in by one. Average tenant turnover costs for landlords can be about $2,500, which includes getting the property ready to re-rent, marketing, and leasing it to new tenants. If tenants do damage to the property, the cost to turn over the property will be even more expensive and will delay move-in for future tenants.
Continue Reading …by David Rigney