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Listing Your Chicago Rental Investment or Property

East Randolph Street – Call Kristine 312-933-1894

Observations and insights into real estate happenings along E. Randolph St. in downtown Chicago

East Randolph Street, Chicago

Listing Your Chicago Rental Investment or Property

June 5th, 2014 · No Comments · Uncategorized

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When Listing Your Chicago Rental Investment or Property, here’s What We Do:
  • Put the listing on MLS and all major websites
  • Arrange all showings with current tenants, check current tenants schedule and make sure shoes off, lights off and lock up the door for each showing.
  • Explain to potential tenants what is included and what expense they need to pay,
  • Credit Check for each applicant
  • Employment / income check
  • Call to previous landlord to verify if there is any late payment
  • Criminal background and eviction history check
  • Arrange for professional cleaning
  • Arrange for regular maintenance such as painting, caulking
  • Arrange for new appliances as necessary
  • Prepare lease, have clients sign the lease
  • Ask tenants to get renter’s insurance
  • Prepare building docs and communicate with the building management about the new tenant and new move, drop checks to the management office.
  • Collect checks for the first month payment and any move in related fees by the management office.
  • Hand out keys and walk through with new tenant.
Experience:

Please go to http://www.KristineChenFrost.com/ and go down to “View recent listings>>”

  • Pick “Sort Lo to Hi”.
  • As per ConnectMLS records, I have recorded 125 “RNTD” transactions since 2007.
  • I have several clients who own 1 or 2+ units in in downtown Chicago for whom I handle all aspects of renting out and rental marketing every year.
Fees:
One month rent +$100, I will not charge if they renew or wants to sign a longer lease, if I find a tenant myself, I will give you a $200 discount.

Looking forward to working with you soon!

Thanks

Kristine Chen Frost
Broker Associate, CPA, ABR

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