John McGeown’s Mid-Year Real Estate Update

  Mid-year update… with gratitude Like most people, I sometimes (often) have to remind myself why I love my job. Real estate can be a very challenging path and there’s certainly no shortage of tough times. Take for instance, when I started in the business in 2008 during the beginning of the US Housing Bubble. [...]

What Should You Do To Get A Property Ready To Show For Market?

Whether you’re putting a property on the market to sell or rent, there are several simple essentials to make a property more desirable to a potential buyer or renter. Here are 6 simple ways to make a property its most appealing for showings: 1. De-clutter The Unit From Top To Bottom This includes a thorough [...]

Tips On How To Win A Multiple-Offer Real Estate Situation

  This season, we have already encountered several multiple-offer situations with our clients in some of Chicago’s most sought-after neighborhoods. This situation can be very stressful for all parties, so know what you’re willing to do in advance to secure the property will give you a leg-up on competing offers.   Here are some general [...]

Chicago Neighborhood Spotlight: Logan Square

  Logan Square is no longer a hidden gem of a neighborhood—it’s become a bustling destination for great restaurants, live entertainment, shopping and some of Chicago’s most interesting Real Estate, old and new. Here are 7 reasons why we personally love Logan Square (in no particular order): 1. The 606/Bloomingdale Trail—A nearly $100M City of [...]

Tips on Buying Your First Investment Property

Where To Start? ​At first glance, it might seem fairly easy to locate and purchase an investment property with a strong cash flow/ROI. However, there are several important factors that first-time buyers need to consider before moving forward.   1. Location The key to finding a perfect investment property is to pinpoint neighborhoods that are [...]

Should You Hire A Property Management Service?

  Many property owners are conflicted about whether to personally manage their investments or use a property management service. It’s a personal decision that is dependent on the available time and resources to the owner, as well as their market knowledge on how to best position the property to maximize its earning potential. The main [...]

Reforming Traditional Policies: The Elimination of Tenant Security Deposits

The rental industry standard since the dawn of time has been to require a security deposit, usually equivalent to one month’s rent. This practice was put into place to protect the owner’s financial interest in case of damage, or if the tenant becomes delinquent on rent. For the first time ever in 2014, the new [...]

Subject: Predicting Trends For The Real Estate Market

Being immersed in real estate, I’m hungry for information about the industry because the more we know, the more we can prepare for market shifts and grow our investments. And since I am a Millenial, right on the cusp, I know from experience that after we bounce from place to place, eventually the idea of settling [...]

Subject: An Introduction

  Happy New Year. Along with reflection, I like the feeling of renewal this time brings. 2014 was a time of transition for me, with the biggest change being growing my sales business and the team of my company, High Fidelity Property Management. With 10 years experience in the Chicago market and now having a [...]