At High Fidelity Property Management, we specialize in managing 6-flat multi-unit apartment buildings, particularly the vintage, center-entrance types that define much of Chicago’s real estate history. These classic structures, rich in architectural charm and historic significance, remain a cornerstone of Chicago’s housing landscape. In this post, we’ll share why 6-flat buildings are a great investment […]
John McGeown Interviewed on the Best Ever Podcast
On the latest episode of the Best Ever Podcast, John McGeown shares how he found his way into real estate and High Fidelity Property Management’s business and management philosophies in addition to property management best practices.
John McGeown Interviewed on the Straight Up Chicago Investor Podcast
On the latest episode of the Straight Up Chicago Investor Podcast, John McGeown shares how his military background serves him in real estate, how he established an area of focus for his High Fidelity Property Management, and more.
Dynamic Lease Pricing – Why It’s Important and How to Do It
The practice of dynamic lease pricing involves adjusting apartment valuations to reflect ever-changing market conditions. Specifically, the practice allows property managers to utilize readily available data to potentially set a higher price during periods of greater demand and a lower price when demand dips — think “surge” pricing.
Three Ways Apartment Investors Can Maximize Rents and Minimize Vacancies During Chicago’s Off-Season
Rents are declining in Chicago — fast. It doesn’t have to do with inflation or a pending recession, rather it’s seasonality. At High Fidelity Property Management, we typically see an annual trend of decline by as much as 15-20% from the high-water mark in June to the bottom in February.