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illinois property management: Tsk - The Season! - 11/25/10 05:05 PM
Being in Property Management BY ITSELF is a huge chunk to deal with especially at this time of the year. No matter how well the tenants have been screened, it seems to NEVER FAIL that managers report a lag in payments in this season at a rate of 10 to 20% of late or NO collections! From the rents expected to recover, some may not be seen until income tax refunds come in from rapid filing! Tsk The Season!
Typical Rent Delaying Excuses Heard:
Uh, you UNDERSTAND, It's CHRISTMAS!! - Interpretation: Y'all DON'T deserve to have one! Calling to say, we will be late, but we WILL pay the late fee! - Interpretation: We overspent! Something came up, but … (39 comments)
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illinois property management: SO..... You Want To Rent Your House Out, Eh? - 05/15/10 06:55 PM
WHAT? You want to RENT OUT YOUR HOME? Really?
You have come to this conclusion because your home SAT on the market for two years and failed to sell even though you.....
Updated it Offered a 13 Month Home Warranty Lowered the price of it regularly Switched REALTORS® 3 times!! Plastered ads in ALL the neighborhood spots Held monthly open houses
If you reduced it any more, there would be NO profit from the sale! Since you've already lost the equity, your last ounce of hope is to attempt to salvage something... ANYTHING! The reasoning your mind tells … (58 comments)
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illinois property management: Property Management - The Illinois 5 Day Notice - 11/25/09 03:07 AM
In Illinois, the 5-day notice can be served to the occupying tenant or to a member of the residing family aged 13 or older.
Placing the notice under the door can be contested in court. The notice does not have to be served on the premises. It can also be handed out at a job, or anywhere the tenant can be found. We usually track the date, time, and name of the person to whom the writ was served in the event we will be called in to verify.
The attorney we use for evictions does not recommend posting the 5-day notice unless it's done by the … (16 comments)
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illinois property management: Want To PASS Your Inspection? No Problem.... Just SLIDE ME $300.00! - 11/17/09 11:39 PM
As property managers, we have the privilege of undergoing the required city inspections that need to be conducted prior to tenant occupancy. This, of course is for the purpose of providing safe code-enforced housing for our great tenants!!
On one such inspection, at a South Suburban location, in Illinois, my husband, who does the majority of these appointments, FLUNKED the test! It was the most meticulous he had ever undergone!
Not only did the house not pass, the write-ups he received were outrageous! To appease the intense scrutiny of the code enforcer, we'd have to practically do a total REHAB!! Mr. Rice was not very happy for he knew this was ridiculous - … (18 comments)
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illinois property management: Realtor Exposed & Inappropriately Dressed - Don't Let This Happen To You! - 11/04/09 03:01 PM
My last showing appointment last night, was with one of our investors who purchases rental property for us to manage.
He was so excited about this single family home because it passed every item on his check list:
It was the "RICE" Price - ONLY $39,900.00!! It was the "RICE" Size (3 bdrm 1 & 1/2 Ba) It was the "RICE" Location (quiet) It was the "RICE" Type (all brick) With flashlight in hand, my client had arrived 30 minutes EARLY in his eagerness to case out the neighborhood, visibly inspect the roof, and walk around rear of the vacant potential investment.
We have gone … (36 comments)
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illinois property management: It's An Investors Flea Market In Illinois & Indiana - Get Ready To Rack Up! - 10/25/09 04:26 PM
In Illinois and parts of Indiana, there are currently 425 ACTIVE listed homes on the Multiple Listing Service for $30,000.00 and under! (There are 1196 in the $30K to $70K range) These all have 3+ bedrooms and are ideal for first-time or seasoned investors seeking to develop their single-family-home rental portfolio, because they are so affordable!
Of the 425 listings, 199 of them have 1 & 1/2 + baths. (Of the available 1196 homes in the 30 to 70K price range, 611 of these 3 bedroom homes have 1 & 1/2 baths.) Certainly some of them need entire rehabs, however, there are many that just need light-weight cosmetic … (23 comments)
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illinois property management: Your LIES Are NOT Fool Proof..... That's Why We Did NOT Rent To YOU! - 09/23/09 11:53 AM
OK... Here we go! Another application turned down! Oh well! We tried very hard to get YOU, Mr. & Mrs. TENANT, accepted by giving you the benefit of the doubt..... WE SCREENED EXTENSIVELY, SEEKING CREDIBLE EVIDENCE, based upon what you fed us!
You KNEW they were LIES in the beginning!!! Do you think we are that vulnerable??? Listen, we are NOT boasting, but we have heard just about it all.... Didn't you not know we wrote the book ..."578 Excuses Tenants Use!" We revert to this book exclusively to avert EVICTIONS! We will properly screen each person desirous to move into one of … (20 comments)
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illinois property management: Available House & Condo Rentals - South Suburban & Chicago, Illinois - 08/30/09 01:55 AM
TWO BEDROOMS
$750.00 - 13914 Dearborn - Riverdale, IL $850.00 - 9926 Van Vlissingen - Chicago, IL$900.00 - 748 Greenbay - Calumet City, IL THREE BEDROOMS$1100 - 17052 Lorenz - Lansing, IL<----- 3 bed/2 bath Condo$1100 - 1457 E 71st Place - Chicago, IL$1300 - 3618 177th Street - Lansing, IL$1250 - 112 Anne Court - Thornton, IL$1300 - 1602 216th Place - Sauk Village, IL
FOUR BEDROOMS
$2500 - 2009 Hutchinson - Flossmoor, IL
1&2 Bedroom Apartments also available in Riverdale, Chicago Heights, Matteson
For More Information:RICE Property Management &Realty, LLC.423 East 158th Street - South Holland, IL 60473708-862-RICE(7423) - Office877-862-RICE(7423) - Toll Free708-596-RICE(7423) - … (4 comments)
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illinois property management: RENTERS - Before You Call About A Vacancy - 08/21/09 12:43 PM
TENANTS!!!! YOU are the purpose we are in the rental business, for without YOU, (the renter), there would be no need for property managers and/or property management companies.
There are many reasons that occupants RENT instead of buying.....
NO established credit history - or credit challenged histories NO sufficient amount of money for a down payment Not interested in buying... Short time on the job - or self employed Change: marriage, divorce, income, separation, leaving home or college Foreclosures, new job location, bankruptcy, relocation, disasters, etc. And the list goes on...... Whatever the reason may be, we'd like to be the Company YOU use to locate suitable housing. To … (20 comments)
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illinois property management: My Rental Listing Is A Craigslist Fraudulent Target - Here Is The Dialog... - 06/09/09 07:26 PM
The Pitch:
(Pictures of the house they posted that was taken by be and scraped from my website)
MY RESPONSE:
On Mon, Jun 8, 2009 at 6:55 AM, Diane Rice wrote: Interested in the house! When can we see it?
THEIR REPLY:
REGARDING MY HOUSE
Hi , Thanks for the email. I Ellen Fu owns the house and i also want you to know that it was due to my transfer that make me and my family to leave the house and we want to give it out for rent.We are looking for a responsible person that can take a very … (26 comments)
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illinois property management: A Lead For Property Management?? - 05/07/09 09:33 PM
85% of the property we manage for others are owned by investors from a different state, so it did not surprise us when someone from the East Coast contacted the office yesterday requesting property management. We went through the usual preliminary questioning....
How did you hear of us? What type of property is it? Is it vacant or occupied? Where is it located? Are you seeking full service management? What are you looking to rent it for? After learning the property was a vacant single family home, our next question was, is it ready for occupancy? No? No problem, we have a second company, Rice & Rice that preps … (18 comments)
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illinois property management: The TRUTH About Section 8 - A Perspective From A Believer - (Part 2) - 04/08/09 12:22 AM
In Part 1 of The Truth About Section 8, (a housing voucher program intended to assist low income earners), revelation was uncovered that exposed some of the the dangers from long term usage. This is part 2 of 3.
Many will disagree with this truth and attempt to back it up with assailing justifications in support of defending some of the users of the vouchers Excuses and concluding arguments do not nullify the debilitating harm done from the repetitive usage of this habit. GOD did not intend for man to be dependent upon the government. HE made him to be a productive contributor! There has to … (8 comments)
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illinois property management: Lansing, IL 4 Bedroom House For Rent - 04/01/09 03:38 PM
… (11 comments)
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illinois property management: Homewood, Illinois House For Rent - 03/24/09 01:41 AM
Beautiful 4 bedroom Home in the Homewood-Flossmoor School district in Illinois.
SPECTACULAR 4 Bedroom Custom Designed Corner Lot Home! You Won't Want To Leave!
Private Side/Rear Entrance Escorts You Into The Charming Light-Filled Cozy Receiving/Dining Area! From There, Step UP Onto Highgrade Wood Laminate Kitchen Flooring Which Mirrors Your Matching Cherry Oak Cabinets!
A Kitchen Of Your Dreams With All You Need To Work With In Assisting Your Preparation Of Inspired Gourmet Meals!
Make An Appointment To See The Rest Of It....... Formal Dining Room, Exclusive Window Coverings, Spacious Rooms, Storage Galore, Articulate Landscaping, Superior Tile Flooring
TRULY A … (4 comments)
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illinois property management: The TRUTH About Section 8 - A Perspective From A Believer - (Part 1) - 01/05/09 12:42 AM
Housing voucher programs as Section 8 yields unrealistic expectations to the one who uses it continually. It has brainwashing effects that informs the user they deserve it and that it's impossible for them to survive without it.
It denotes dependency, stripping the user of their GOD-given right of waiting, and becoming diligent. Waiting is an essential step to maturity. Without it, many crucial lessons in life are missed, producing an irresponsible civilian, released into society to exploit. It's a burden on the community. Diligence, a virtue, takes a continual effort to achieve regardless of the circumstances one is surrounded by.
… (38 comments)
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illinois property management: Our NEW Website Address - 01/19/08 02:58 AM
Greetings to all!
Getting to our site at www.RicePropertyManagement.com has been made easier! We now have a new domain name that can be remembered! It's our phone number! (862-RICE, without the area code!) Same place - new name! From now on we can be accessed at:
www.862RICE.com
We are pleased to offer more simplicity while continuing to provide what you are accustomed to seeing! The old domain name will continue to exist and remain usable, appearing in the address bar, for your convenience.
We pray this new change in this new year will make your future visits more pleasing and helpful. In keeping … (22 comments)
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illinois property management: Even GOD does EVICTIONS! - 12/31/06 11:20 PM
GOD evicted HIS First man, Adam - why? because he did NOT follow the rules of the lease! HE gave man the option and man chose what man wanted to do! Why do we think we can make something work when GOD himself allows man to suffer the consequences of his own choices? Throughout the Bible, there are examples for us to learn from without us having to E X P E R I E N C E it first hand ourselves!
God spoke to Adam in Genesis and said to him, (and i'm putting it in "simple" language) "dude, … (47 comments)
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Diane Rice, SFR
South Holland,
IL
More about me…
Diane Rice, Rice Prprty Mgmnt & Rlty, LLC, South Holland, IL
Address: 423 East 158th Street, South Holland, IL, 60473
Office Phone: (708) 862-7423
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