MF Cashflow Property Management
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Frequently Asked Questions
How much does property management cost in Chicago?
MF CashFlow charges 8% of gross monthly rent for property management in the Chicago south suburbs, with a minimum of $125/month for single-family homes and $85/unit/month for multifamily. One-time leasing fee: one month’s rent. Lease renewal fee: $175/unit. 100% of late fees go to you, the owner; we keep none. Managed by M Property Group LLC, a licensed Illinois Real Estate Broker.
What areas does MF CashFlow manage?
We manage residential rental properties throughout Chicago’s south and southwest suburbs: Tinley Park, Orland Park, Mokena, Frankfort, New Lenox, Joliet, Oak Lawn, Homewood, Flossmoor, Harvey, Calumet City, Blue Island, Lansing, South Holland, Palos Hills, Worth, and more. Serving the Chicago southland since 2003 with a large portfolio of rental properties under management.
Does MF CashFlow manage Section 8 / HCV properties?
Yes. We specialize in Section 8 and Housing Choice Voucher (HCV) property management throughout Chicago’s south suburbs. We have extensive experience with the Chicago Housing Authority (CHA) and suburban housing authorities. We handle tenant placement, annual inspections, housing authority coordination, and maintenance.
How long has MF CashFlow been in business?
Since 2003, over 20 years. Founder Mike Fisher is a licensed Illinois Real Estate Broker who built his expertise through hands-on construction, renovation, and personal real estate investment before building a large portfolio of rental properties.
What makes MF CashFlow different?
Late fees go 100% to you, whereas most PM companies pocket late fees. We have 35+ years of local expertise since 2003. We take a marketing-first approach, treating every vacancy as a marketing challenge. We have a 4. 8 ⭐ rating on Google (85+ reviews). We are a licensed Illinois Real Estate Broker, M Property Group LLC.
How do I get started?
Schedule a free consultation at mfcashflow. com/get-in-touch or call (708) 719-0977. MF will review your property, provide a free rental analysis, and if it’s a good fit, you’ll sign a Property Management Agreement with M Property Group LLC.
Does MF CashFlow handle evictions?
Yes. Full eviction management: $250 admin fee. We coordinate with licensed Illinois attorneys, handle all notices, court filings, and possession procedures per Illinois landlord-tenant law.
How does MF CashFlow screen tenants?
Comprehensive screening: credit check, criminal background, eviction history, employment and income verification (3x monthly rent), and rental references. 100% Fair Housing Act compliant.
What’s included in the monthly management fee?
Rent collection, monthly disbursements, maintenance coordination (zero markup, cost pass-through only), financial reporting, lease enforcement, tenant communication, periodic inspections, and 24/7 emergency coordination.
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Company Details
829 Spencer Rd New Lenox, IL 60451
Property Types
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Company Size
Years in Business
4 years
Founded Year
2022
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