Hales Property Management Newsletter

October Newsletter

LittleJackMKTG

Published October 10, 2016

Inside this Newsletter

  • Important Dates to Remember
  • Updates at Hales Property Management
  • Changes to HOA Board Rights in 2017
  • Maintenance Tip: Changing Your HVAC FIlter
  • From the Desk of Keith Hales

Important Dates to Remember:

Oct. 7 – 9:     Rocktober Beerfest
Oct. 9:          Chicago Marathon
Oct. 10:        Columbus Day Parade 
Oct. 13 – 23: Chicago Museum Week
Oct. 15 – 16:  Open House Chicago 
Oct. 13 – 27:   Chili Fest Chicago

Updates at Hales Property Management

Trash CansPlease note that garbage will not be collected this Monday, October 10th in honor of Columbus Day. Click here for more information regarding non-scheduled garbage collection days. The 2016 Bank of America Marathon is this Sunday, October 9th. Click here for information regarding street closures for the race.
Hales would like to welcome Tom Guerrero and BJ Stradley to the management team!

We are also thrilled to welcome three new buildings to our portfolio: 1355 N. Mohawk, Park Glenwood and Wilsher Condo Association.

Q & A

Q: Can associations put restrictions on the rental of units in their building?

A: Homeowner associations can indeed put restrictions on the rental of units in their buildings, and these policies tend to vary greatly between associations.
Some associations put no restrictions whatsoever on rentals, while others try to keep them as low as possible or prohibit them completely.
Why would a building want to limit the number of rentals? For one, renters are (perhaps unfairly) thought to be less likely to take care of the property, and owners residing in the building may not want to cohabit with a never-ending stream of renters. However, the option to rent their unit is also highly desired by many owners for the flexibility it provides, so harsh restrictions can ultimately lower the perceived real estate value of units in the building.

Interested in a Career with Hales?

Hales Property Management is currently hiring. If you are up to the challenge of the exciting world of property management in Chicago, view our available positions today.

Maintenance Tip:

Changing Your HVAC Filter

If you have an in-unit HVAC system, now is the perfect time to change your filter to ensure maximum efficiency for the upcoming winter season. Though every HVAC unit is different, this video covers some of the basics of changing your filter:

 

 

Changes to HOA Board Rights in 2017

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Recent changes in the Common Interest Community Association Act and the Condominium Property Act formalized the rights of HOA boards to meet privately on particular matters (though such meetings have been standard practice in the industry anyway). The changes go into effect on January 1st, 2017, and allow HOA boards to close any portion of a noticed meeting or meet separately from a noticed meeting in the following cases:

1. To discuss probable or pending litigation.

2. To discuss third party contracts or information regarding appointment, employment, engagement, or dismissal of an employee, independent contractor, agent, or other provider of goods and services.

3. To interview a potential employee, independent contractor, agent, or other provider of goods and services.

4. To discuss violations of the rules and regulations of the association.

5. To discuss member’s or unit owner’s unpaid share of common expenses.

6. To consult with the association’s legal counsel.

From the Desk of Keith Hales


Keith HalesFrom all of us here at Hales Property Management, welcome new owners! We look forward to working with you to ultimately continue to add value to your building/investment. For our existing owners, your opinion matters to me. Please let me know how we can improve our services by sending an email or contacting me directly at 312.757.4651 with any suggestions.
We are quickly winding down our summer projects and preparing for budget and annual meeting season which is typically our busiest time of the year.  Please continue to send us your requests via our web portal system.
Simply click on “resident login” at www.halesinc.com and select “contact us”.  Our team of property assistants are trained to respond within 1 business day. To date, we have processed over 2,100 resident requests. Please keep them coming!

Ready to manage your building with ease? We’re ready to jump in!

Get started with a proposal request.