Frequently Asked Questions

Can I set up a time to meet with someone at your office to discuss property management services?

The best way to get started with Kakenmaster & Associates is to call 847-367-0888 or send a message to schedule a time to meet with Peter and Karin Kakenmaster for a no-cost consultation. We can meet at our office or at your property, whichever is most convenient for you. During this meeting, we will review the property management services our office can provide, as well as comparable rental properties to give you an idea of the market rent in your area.

I self-manage my property, but am looking for someone to help me find a tenant, is that something your office assist me with?

Yes, as members of the National Association of Realtors, our office has access to the local Multiple Listing Service (MLS) and can list your property for rent in the MLS, as well as other widely used rental search sites (apartments.com, Zillow, Trulia, HotPads, etc.). By marketing your property using these tools, we give you access to the largest network of renters actively looking for a rental property.

In addition to marketing your property, our office can assist with tenant screening and preparing a lease. Our tenant screening process includes a credit report, background check, and income verification.

What types of properties do you specialize in managing?

Our office is focused on the central Lake County area, including Grayslake, Gurnee, Lake Bluff, Libertyville, Mundelein, and Vernon Hills. We manage all types of residential and commercial properties: Multi-tenant apartment buildings, condo units, duplexes, townhomes, single family homes, multi-tenant commercial buildings, office units, retail units, and warehouse units.

I have rented my property for several years and am considering selling. Can your office assist with the sales process?

Yes, we begin by preparing a comparative market analysis (CMA) of recent comparable sales for your review. The CMA will help you understand current market conditions, including the proposed list price, projected sales price, and anticipated timeframe to complete the sale. Our team will also meet you at the property to review any items that should be completed prior to listing the property for sale.

If you decide to move forward with a sale, our office will market the property, present offers, manage contract negotiation, and facilitate the attorney review, inspection, and appraisal processes for a successful close.

FAIR HOUSING RIGHTS AND OBLIGATIONS

Learn more about the many fair housing laws enforced by FHEO and how those laws can help you.

It is illegal to discriminate in the sale or rental of housing, including against individuals seeking a mortgage or housing assistance, or in other housing-related activities. The Fair Housing Act prohibits this discrimination because of race, color, national origin, religion, sex, familial status, and disability. A variety of other federal civil rights laws, including Title VI of the Civil Rights Act, Section 504 of the Rehabilitation Act, and the Americans with Disabilities Act, prohibit discrimination in housing and community development programs and activities, particularly those that are assisted with HUD funding. These civil rights laws include obligations such as taking reasonable steps to ensure meaningful access to their programs and activities for persons with limited English proficiency (LEP) and taking appropriate steps to ensure effective communication with individuals with disabilities through the provision of appropriate auxiliary aids and services. Various federal fair housing and civil rights laws require HUD and its program participants to affirmatively further the purposes of the Fair Housing Act.

HUD’s Office of Fair Housing and Equal Opportunity (FHEO) works to eliminate housing discrimination and promote civil rights and economic opportunity through housing. FHEO enforces fair housing laws. One of its roles is to investigate complaints of housing discrimination. If you believe you have been discriminated against in violation of any of these federal fair housing laws, you can file a complaint with FHEO.

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