RRE Blog
How to Execute a 1031 Exchange in Illinois
Investors who are worried about their tax liability should seriously consider some of the benefits of a 1031 exchange. This allows property owners to avoid paying capital gains taxes by reinvesting the earnings that are gathered from the sale of real estate. Holding onto the gains you’ve earned from selling one property will allow … Read more
Champaign-Urbana Real Estate Tips for Out of State Investors
Investing out of state has become easier than ever, thanks to the exceptional technology and expertise of local property management companies. At Ramshaw Real Estate, we provide property management in the Champaign-Urbana market for a lot of investors who live outside of the area. This is a great place to invest, and it’s not … Read more
4 Tips for First-time Champaign-Urbana Real Estate Investors
Owning real estate in Champaign-Urbana is an excellent way to establish financial security and build some long-term wealth. Your investment will appreciate over time, and you’ll also collect monthly rent, which will contribute to the costs of maintaining a rental property. It’s definitely a smart financial move. While there are a lot of benefits … Read more
How to Collect Rent from Residents | Advice for Champaign-Urbana Landlords
As straightforward as rent collection might sound, there’s a lot to consider. A landlord and a tenant sign a rental agreement in which the tenant promises to pay a specific amount of rent on the first day of each month. This area can cause tension between landlords and their residents, especially if the information … Read more
Tips for an Annual Rental Inspection Checklist for Landlords | Champaign-Urbana Property Management
Annual rental inspections are an important part of protecting your investment property. Whether you want to inspect halfway through the leasing period or right before the lease is scheduled to renew, make sure you get into your property at least one time during the tenancy to make sure there aren’t any deferred or unreported maintenance … Read more
Proper Maintenance Can Save Your Rental Property in Champaign-Urbana
Maintaining your rental property will increase your income and attract high-quality tenants as well as higher rental values. If you aren’t paying attention to preventive and routine maintenance, you’re going to be left with deferred repairs that are only more expensive. It’s essential to put together a solid maintenance plan if you want to save … Read more
How to Figure out How Much to Charge for Rent | Champaign-Urbana Landlord Advice
Landlords who are trying to decide what they should charge for rent need to consider several things. The first is the market, over which we have no control. Rental values are driven by the current real estate market and the amount that tenants are willing to pay. You may have the most desirable property in … Read more
How Technology Makes Property Management Easy for Landlords in Champaign-Urbana
Technology has evolved to the point that every industry and every consumer is conducting most of their business online. Champaign-Urbana property management is no different, and the use of online platforms and digital technologies has allowed us to manage your units better.
Tips for UIUC Students on How to Navigate a Rental Lease
If you’re a student at the University of Illinois, you may be thinking about renting an apartment for the semester, the school year, and maybe even longer. Understanding where to live and how to navigate the leasing requirements and the rental application can be a challenge. Once you get past that stage, you still have … Read more
Happy Anniversary Sarah! 5 Years with Ramshaw Real Estate
Congratulations to Sarah Kasper on her 5 year anniversary at Ramshaw Real Estate. We asked Sarah about her background, interests and time working with us. Before working at Ramshaw Real Estate, what was the most unusual or interesting job you’ve ever had? I worked at a pet clinic in my hometown for about a year … Read more