Property Management Blog

Blog Post
By Cruise Property Management - Tuesday, April 16, 2019

What property managers do

You may wonder why property managers charge fees when all they do is just collect the rent, which may take no effort if tenants pay online. While that is not what all we do, even if that’s the case, we should charge something. The reason for it is because we need to be on s...
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Blog Post
By Cruise Property Management - Tuesday, April 9, 2019

Should I pay off my mortgage? Part 4 (Lower payment)

*Below is to show an example in a particular situation. In real life, you may have to consider your unique case and consult with an appropriate professional.In the past three blogs, I wrote about why it may be better not to pay off your mortgage. First of I talked about getting a...
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Blog Post Should I pay off my mortgage? Part 3 (Depreciation)
By Cruise Property Management - Tuesday, April 2, 2019

Should I pay off my mortgage? Part 3 (Depreciation)

*Below is to show an example in a particular situation. In real life, you may have to consider your unique case and consult with an appropriate professional.In the past two blogs, I wrote about why it may be better not to pay off your mortgage. First of I talked about getting a b...
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Blog Post Should I pay off my mortgage? Part 2 (Extra Equity)
By Cruise Property Management - Tuesday, March 26, 2019

Should I pay off my mortgage? Part 2 (Extra Equity)

*Below is to show an example in a particular situation. In real life, you may have to consider your unique case and consult with an appropriate professional. At the last blog, everything being equal, I wrote about why buying multiple houses generates more cash flow than paying of...
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Blog Post Should I pay off my mortgage? Part 1 (Cash Flow Is King)
By Cruise Property Management - Wednesday, March 20, 2019

Should I pay off my mortgage? Part 1 (Cash Flow Is King)

*Below is just to show an example in a particular situation. In real life, you may have to consider your unique situation and consult with an appropriate professional. Let’s say you just got $200,000 mortgage for your primary residence and right after that inherited $200,00...
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Blog Post What's Wrong With
By Cruise Property Management - Tuesday, February 5, 2019

What's Wrong With "Great" Tenants?

All owners are looking for great tenants. Those who have great credit scores, keep the house clean, have been working for a long time at secure high-income jobs, no criminal history, and no evictions. There are two problems with these types of people. Can you figure out what they...
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Blog Post January Real Estate Notes
By Cruise Property Management - Wednesday, January 30, 2019

January Real Estate Notes

I want to share some stories that I read in Jan '19. Emotional Support AnimalIt is unfortunate, but some people lie and call their animal, "emotional support animal" by providing some questionable certificate. This is their way of renting a house that does not ...
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Blog Post New
By Cruise Property Management - Wednesday, January 23, 2019

New "For Rent" Sign

I'm happy to announce our new "FOR RENT" sign. It has all the information you need, the design is unique, and the "FOR RENT" stands out because of the white font with a red background. If you want your property to be rented, don't hesitate to contact u...
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Blog Post Homeless
By Cruise Property Management - Friday, January 18, 2019

Homeless

While I play a small role in helping people finding their homes in Lake County IL, I know a lot of people don't have homes and need help. I support Lake County Coalition for the Homeless.    
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Blog Post 20 Money Questions You Want to Ask Before Hiring a Property Manager
By Cruise Property Management - Saturday, January 5, 2019

20 Money Questions You Want to Ask Before Hiring a Property Manager

Let’s say you decided to hire a property manager. What does it cost you? That will depend on which property manager you chose. The important thing is to make sure you understand all the fees before you sign a management agreement. You may know the major fees, such as leasin...
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