Property Management Blog

Different Approaches to Pricing Rent for Lease Renewals

By Cruise Property Management Monday, April 7, 2025

Determining rent during lease renewal is a crucial aspect of property management, and there are several approaches to consider. Setting the right rent ensures profitability while maintaining resident satisfaction and reducing turnover. However, there is no one-size-fits-all strat...

Is owning a rental even worth it?

By Cruise Property Management Monday, March 10, 2025

Have you ever questioned if owning a rental is the right move for you? If you own a rental already, you might be sick and tired of all the repairs and/or the resident not paying the rent. If you don’t have one, you might be worried that you might become that person. I&rsquo...

16 Things you need to do after you decide to become a landlord

By Cruise Property Management Thursday, February 6, 2025

Preparing a property for rent takes more than just good intentions; it requires careful steps to ensure success. Maybe you want to become a rental property investor, maybe you have a house you don’t know what to do but don’t want to sell, maybe you have a condo you wa...

2025 Illinois Landlord Laws: Key Changes You Need to Know

By Cruise Property Management Thursday, December 19, 2024

Disclaimer: I am not an attorney. This information is provided for general informational purposes only and should not be considered legal advice. Please consult with an attorney for advice specific to your situation. Just when you thought you were getting comfortable with th...

Why you never know everything ("Just Housing")

By Cruise Property Management Friday, September 6, 2024

I try to write a blog that is timeless rather than timely. But sometimes, that is impossible, especially regarding new rules and regulations. It seems like every year, new laws that are mostly more restrictive to landlords come up.Navigating Constant Change in Property Management...

Are All Property Managers Lazy Cheaters?

By Cruise Property Management Sunday, January 28, 2024

As a property manager, I often face the challenge of proving my value to my clients. A common perception is that property managers are lazy and/or dishonest with the owners about finances. They assume that we just collect rent automatically, once in a while pay some bills, and ch...

Self-Showing

By Cruise Property Management Thursday, October 26, 2023

In the not-so-distant past, if you were a prospective tenant, let's call you Mike, on the hunt for your next rental property, your options were pretty limited. You had to coordinate with a landlord, property manager, or an agent to schedule a viewing. The catch was that both ...

The Best Screening Mindset You Never Heard of

By Cruise Property Management Thursday, October 19, 2023

According to Forbes, the top 5 America’s Best Employers for New Grads are General Mills, NASA, Google, Mayo Clinic, and Microsoft. While I have no idea how many positions are open, my guess is more people are applying for the companies than there are openings. Those compani...

What is the job of a property manager?

By Cruise Property Management Saturday, March 18, 2023

You might be wondering what property managers do. With new technologies and software emerging constantly, the job of property managers got easier. For example, while some still receive rent checks in the mail, many property managers now receive the rent from the tenants using an ...

3 Types of Property Management Companies

By Cruise Property Management Friday, March 10, 2023

As a rental property owner, you may have found yourself in a situation where you're unable to manage your rental property on your own. It may be because you don't have the time, or the knowledge, or you simply don't want to deal with the day-to-day responsibilities of...

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