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 to renting out your property, there are a few challenges as well, and always some unexpected surprises. If you’re investing in real estate for the first time, check out these tips from a local property management company that specializes in residential rental homes. We’re here to help you avoid the expensive and time-consuming mistakes that many first-time investors tend to make.

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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 is unclear or inconsistent.

As professional Champaign-Urbana property managers, we have automated and systematic rent collection policies in place. We know it can be both frustrating to chase down late rent and disruptive to your own financial planning. We have advice, and always recommend that you work with a local property management company if you have any problems with your tenants or your rental home.

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Tips for UIUC Students on How to Navigate a Rental Lease

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 to wrap your head around the lease agreement and what it means for you as a tenant.

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A New Center of Recovery for Central Illinois

rosecrance ramshaw

As two individuals with a long history in real estate as well as community behavioral health, Alex Ruggieri and Jerry Ramshaw spent much of 2018 collaborating on several major transactions in excess of $8,000,000 that will change the face of substance abuse and recovery in Champaign/Urbana.  Alex explains, “our company has been involved in behavioral health Champaign or Urbana for over 25 years. I had the privilege of serving on the board of the mental health center for 10 years, Jerry Ramshaw served on their board for 10 years, and now Jay Ramshaw continues this legacy of our office’s commitment to behavioral health as a standing board member of Rosecrance.”

In September, the PASS Program, represented by Alex Ruggieri, sold their building on Moreland Blvd to Rosecrance to create a “Center of Recovery” with 32 residential beds and a 12-bed recovery home. Rosecrance’s entrance into Champaign/Urbana involved mergers with Community Elements and Prairie Center, both of whom had real estate throughout town. To consolidate services and focus efforts on their primary mission in treating substance use disorder, Rosecrance, counseled by Jerry Ramshaw, sold two buildings over the course of the year – one on Fox Drive and one on Hill Street.

These three transactions, while very significant at present, will create opportunities and a great impact on the community for many years to come.  Jerry, in speaking of the gravity of the new services created in Champaign County, extends “great thanks to Rosecrance for allowing Ramshaw Real Estate to assist in their growth this year” and believes “this is a huge win for all parties and the community.”

In August 2018, the PASS Program moved their operations to Lincoln Square in Urbana with assistance from Marty Smith of Ramshaw Real Estate. After a bit of “musical buildings” throughout the year, it seems all parties have settled into spaces ideally suited for their business models and clients served, with the bonus of great advancement for our community.