Property Management Blog

Blog Post
By Cruise Property Management - Thursday, June 16, 2022

0 Vacancy Strategy I don't Use

One of the biggest expenses for rental properties owner is a vacancy. While the property is vacant, you still have to pay the mortgage (if you have one,) property tax, insurance, and utilities. Also, since it is vacant and there's no one to let you know if there's an issu...
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Blog Post LCPIA Board Member
By Cruise Property Management - Friday, May 20, 2022

LCPIA Board Member

It's official! I'm one of the LCPIA (Lake County Property Investors Association) board members. I'm looking forward to adding value to the Lake County real estate investors.
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Blog Post 790 Montclair Dr, Round Lake (For Sale)
By Cruise Property Management - Sunday, May 15, 2022

790 Montclair Dr, Round Lake (For Sale)

Another property just hit the market. You can find out more here.
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Blog Post Just Sold!
By Cruise Property Management - Monday, May 9, 2022

Just Sold!

Just sold!  It did not even get a chance to hit the public. Some creativities required to get to the closing, but I'm glad that we were able to come to a solution that everyone was able to live with.  It's no secret that the market is very hot right now. Many of...
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Blog Post 422 McKinley Ave, Waukegan For Sale
By Cruise Property Management - Thursday, April 28, 2022

422 McKinley Ave, Waukegan For Sale

While we mainly do property management, we also help our clients buy and sell properties. It's always nice to see old clients come back to us to help sell their properties.You can find out more about this Waukegan property below.https://www.homesnap.com/IL/Waukegan/422-Mckinl...
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Blog Post
By Cruise Property Management - Saturday, February 13, 2021

How we choose our vendors

My first whiteboard animation video is here! Working with the right vendors is one of the crucial keys to successfully managing rental properties.So who are the right vendors? They are skilled at what they do. Generally speaking, to get good at something, you need to fo...
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Blog Post What would you do with your factory?
By Cruise Property Management - Tuesday, January 12, 2021

What would you do with your factory?

Imagine one day you wake up and realized that you own a factory that makes a widget. You have about 200 operators working there with one machine per person, 200 machines total. The factory is full, so you can’t hire more operators or install more machines. You make about $2...
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Blog Post Why we do NOT update owners about repairs until they are done
By Cruise Property Management - Tuesday, October 27, 2020

Why we do NOT update owners about repairs until they are done

Taking care of repairs is one of the major tasks for any property management company. Some of the owners may be hiring a property management company, precisely because they don’t want to deal with the repairs.I can’t blame them. Repair requests always come in on Frida...
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Blog Post Why are the windows open?
By Cruise Property Management - Wednesday, October 21, 2020

Why are the windows open?

One of the most important functions of a property management company is to provide safe properties. While there’s no way to guarantee safety, there are many things property management companies can do to make properties safer.One of the things we do during the move-in inspe...
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Blog Post 3 Ways to Manage Your Rental Properties
By Cruise Property Management - Sunday, October 11, 2020

3 Ways to Manage Your Rental Properties

In the past, I wrote about who should self-manage and who should hire a property manager. You can read it here.  Many people only think about these 2 options when it comes to managing properties.However, what a lot of people don’t know is that there is a 3rd way to man...
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