Positive cash flow means you’re earning more than you’re spending on your Chicago investment property.
The definition is pretty simple, but actually earning that positive cash flow requires more than a tenant and a rental payment.
It requires local expertise and industry know-how. At MF Cashflow, we have built a business helping investors like you bring in the bottom line, which to us means bringing in the cash.
We put plans together that are customized to your needs and your investment goals. We do it as a team, and that approach means you start to see your earnings increase right away.
Here’s how it works.
Insist on Value from your Chicago Property Managers: Pricing for Cash Flow
Almost every property manager we meet is capable of placing a tenant and collecting rent. But, does your property manager really provide value to you and your investment? Are you able to see the results of their services?
We get to know your property very well, and we compare it to all the other properties on the market before we price it. Our data is a great resource for owners because it means we don’t price your home too high (longer vacancy) and we don’t price it too low (lost cash flow). We price it exactly where the market wants it and the result of our research and knowledge is a rental price that’s competitive and profitable.
Avoiding and Managing Evictions in Chicago
We don’t like to evict tenants, because it results in an empty rental unit and it stalls your cash flow. Our team has a number of strategies in place to avoid eviction and ensure your rent is paid in a timely and consistent manner. Sometimes evictions do happen, however. When this unfortunate experience involves you and your rental property – don’t worry. We have the best attorney to handle evictions. Our legal team communicates transparently, knows the system and the requirements and the paperwork and the judges. You won’t have to worry about the court process or stress about losing more money than you have to.
You’re not saving money on a tenant who refuses to pay or communicate. You’re not saving money on an attorney who isn’t making things happen through the courts as quickly as possible.
I understand your pain not just because I’m a professional property manager in Chicago, but because I own a portfolio of rental property too. Who knows, maybe our properties are in the same neighborhood. The point is - I know how much it hurts when your property isn’t earning what it should be. I’m here to tell you that we can make it better.
Contact our team at MF Cashflow, and let’s find out what it really means to have a rental property that cash flows.