Author: Cristian

5 Ways to Deal With Bad Tenants in Chicago

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Every seasoned landlord knows that property management brings unique challenges. At the top of that list? Problem tenants. While eviction is an option in Chicago, it’s typically time-consuming, expensive, and stressful for all parties involved. At CVG Properties, our bilingual team understands these landlord frustrations firsthand—we’ve helped countless property owners navigate these exact situations with … Continued

What To Do If Your Tenants Asks To Sub-Lease In Chicago

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Wondering how to handle tenant sublease requests in Chicago? Whether you’re comfortable with the arrangement or concerned about potential issues, our straightforward guide will help you navigate this common landlord challenge! Subleasing can be a viable solution when properly managed and with clear landlord approval. The key is creating comprehensive agreements where everyone understands their … Continued

How Landlords Can Save Money Making Repairs In Chicago

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Maximizing your rental property’s long-term value—especially if you’re planning to sell in the near future—requires staying on top of regular maintenance and necessary repairs. While cutting corners on repairs isn’t advisable, there are smart strategies to reduce costs without compromising quality. As experienced property investors who’ve handled countless older homes with unique challenges in Chicago, … Continued

Using A Lease Option To Sell Your House in Chicago

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The exit strategy you choose to sell your house can dramatically impact your real estate investment returns. Beyond traditional selling, lease options provide a highly profitable alternative that savvy Chicago investors are increasingly utilizing. With this approach, potential buyers essentially test-drive homeownership for one to three years, after which they can either purchase the property … Continued

5 Benefits of Selling Your House Via Rent to Own in Chicago

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If you’re considering selling your property but could hold onto a rental-ready house for a few more years, a rent-to-own arrangement offers several compelling advantages worth exploring, especially in Chicago’s unique real estate landscape. There’s a substantial pool of prospective buyers eagerly waiting for these opportunities—individuals seeking the homeownership lifestyle before qualifying for traditional mortgages. … Continued

What to do if Your Tenants Cause Damage to Your Chicago Rental Property

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Real estate investment involves much more than just analyzing numbers on paper. The human element of property management presents unique challenges that can’t be calculated in a spreadsheet. One critical step you should never skip is thoroughly screening tenants—always check references and contact previous landlords. Yet even with the most comprehensive vetting process, landlords should … Continued

4 Hidden Costs You Can Face When Inheriting a Property in Chicago

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Inheriting a house brings a mix of unexpected responsibilities alongside the asset itself. You’re likely experiencing a range of emotions—grief, financial concern, and possibly family pressure. Managing an inherited property can be particularly challenging, especially if the home contains extensive hoarding clutter or has fallen into disrepair. As Chicago’s bilingual property specialists, we’ve created this … Continued

6 Surprising Things You Need to Know About Owning a Hoarder House in Chicago 

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Managing a hoarder house in Chicago brings unique challenges that many property owners aren’t prepared for, especially in Chicago’s older neighborhoods. These properties often hide significant issues that become both financially draining and emotionally overwhelming. In this guide, we’ll explore six surprising realities of hoarder property ownership, including unexpected costs, dangerous conditions, and circumstances that … Continued

8 Unexpected Costs You’ll Face When Cleaning Out a Hoarder House in Chicago 

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Tackling a hoarder house cleanout can be both emotionally and financially draining. Beyond the visible clutter, hoarding situations often conceal serious property damage and hazardous conditions. If you’re facing this challenge in Chicago, it’s crucial to understand the hidden costs before proceeding. In this guide, we’ll break down eight unexpected expenses when clearing a hoarder … Continued

7 Steps to Help You Set Up an Estate Sale for an Inherited House in Chicago 

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Inheriting a house can bring both opportunity and unexpected challenges. Among the many responsibilities you’ll face, organizing an estate sale often proves particularly overwhelming. An estate sale offers a practical way to liquidate personal belongings, providing financial return while clearing the property. This guide will walk you through managing an estate sale for an inherited … Continued

How to Sell Your House During Bankruptcy in Chicago

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When homeowners file for bankruptcy, their home becomes part of the bankruptcy estate—essentially, property they own. In October 2022, chapter 13 bankruptcy filings increased by twenty-seven percent compared to the previous year. Overall bankruptcies rose by seven percent across all chapters, directly mirroring the seven percent inflation increase. Many Chicago homeowners, particularly those with older … Continued

Stopping the Foreclosure Process: A Guide for Chicago Homeowners

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Facing foreclosure on your Chicago home can feel like drowning in uncertainty, but you don’t have to lose everything. The constant pressure of bank communications, missed mortgage payments, and sleepless nights takes a tremendous toll—especially without proper guidance. Take comfort knowing that foreclosure impacts millions of American homeowners each year, and there are legitimate, transparent … Continued

What Homeowners in Chicago Can Expect During the Foreclosure Process

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Dealing with foreclosure due to sudden financial challenges can feel overwhelming, but taking early action by communicating directly with your lender is always the best first step. Having a clear understanding of what happens during the foreclosure process can empower Chicago homeowners to navigate these difficult circumstances with greater clarity. Read on as we provide … Continued

How to Sell Your House in Chicago if You Owe More Than It’s Worth

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Finding yourself underwater on your mortgage creates significant challenges when you need to sell, especially if you’re facing time constraints due to personal or financial pressures. Already dealing with considerable stress, the prospect of selling a property in this situation can feel overwhelming. However, understanding all your available options can empower you to make a … Continued

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