Chicago Property Management Blog

We know many of you have, or will have, buildings with Section 8 tenants. We thought it would be helpful if we shared the room requirements (for both bedrooms and rooms in general) for a home/unit occupied by a Section 8 tenant.  There is a lot more required to be approved, however, these are some requirements that you need to consider when looking for or rehabbing properties.  Please click on the link at the bottom of this em...

Although he now runs one of the most successful Property Management companies in Chicago, initially, Mark Ainley had no interest in that side of the real estate business....continue reading Click Here to download.GC Realty & Development currently has two offices, one serving the Western Suburbs of Chicago and the other serving Chicago's South Side.Although he now runs one of the most successful Property Management companies in C...

Mark Ainley was recently featured on this Bigger Pockets podcast with the founder of BiggerPockets.com Josh Dorkin and Brandon Turner. Mark was very excited to be a part of the show. He has been a long time listener of the Bigger Pockets podcast and is also a contributor to their blog. Mark gets to dive in deep to a variety of issues check it out.According to the website, “Mark Ainley brings a fresh perspective on how to successfu...

We have worked with Josh Elledge and his company, Up My Influence, for many years. The Thoughtful Entrepreneur Podcast is an informational source for business-minded people (some with very little experience and others with years of experience), so when I got the invite to appear with Josh, I was extremely excited.In this episode, we discuss who GC Realty & Development, LLC is and where we started from in the early 2000s. The show al...

As investors ourselves in many markets and class types, our primary goal is to attract and retain the best tenant possible for our properties.The “Best Tenant” can be defined by qualifications on their application, potential willingness to stay for a longer term, and/or ability to be a satisfied resident when we, as the landlord, successfully perform the duties as required by the lease agreement. (We try to avoid high mainte...

Why an Out of State Investor Should Hire an Attorney When Buying Investment Property in Chicago/IllinoisThe purchase or sale of real estate, whether it is a single family house, a multi-family apartment building, vacant land or a commercial building, is an intricate process that begins with the signing of a contract and ends when the keys and the title to the property are transferred to the purchaser. Although Illinois law does not...

Check out our newest podcast where I was a guest on Real Estate Money School hosted by Chris Naugle investor and host of HGTV's Risky Builders.Property management is becoming its own sector, and with technology and different efficiencies, it’s becoming scalable. – Mark AinleyView full podcast

Our Best Ever guest wears many hats, rehabbing and property management are two of them. He has completed a full rehab on over 250 properties and counting! He instructs us not to “wing it” and have a plan. You HAVE to hear his 27% Cap Rate purchase that will leave you fired up to find a beast of a deal! Listen now!Best Ever Tweet: PLAN PLAN PLAN…do not “wing it”.TWEET THIS Mark Ainley’s Real Estate Ba...

GC Realty & Development LLC is proud to share the stories of two brave children from Gilberts, Illinois. Lucas Winarski, a fifth-grade student, has been fighting a rare pediatric bone cancer, PHE, since July of 2015. Only three other cases of PHE exist in the United States. Kaylee Clark, a first-grade student, also fights for her life.  Kaylee was first diagnosed with Acute Myeloid Leukemia when she was just 9 months old. Recen...

Our Property Management Team recently completed training on the topic of service and assistance animal laws according to Federally regulated Department of Housing and Urban Development (HUD) Guidelines.  We wanted to share the outline of information we learned with you so followers, or landlords searching for property management in Chicago or anywhere else, can learn about these important rules and have the opportunity to ask us an...