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Understanding Resident Expenses and Billable Repairs
Learn how to manage resident expenses and minimize unnecessary costs effectively. This article addresses common issues like residents flushing inappropriate items down toilets and breaking garbage disposals, unintentionally causing damage. Discover what expenses can be billed back to residents and how outlining responsibilities in the lease agreement can save you money. All the while promoting…
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Three Key Factors to Consider When Purchasing Your First Investment Property
Real estate investment can be lucrative but requires careful consideration and strategic decision-making. Choosing the right investment property is crucial whether you’re a seasoned investor or a first-timer. This blog will discuss three key factors to consider when purchasing your first investment property: location, property type, and desired return on investment. By focusing on these…
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How to Market Your Investment Property to a Wider Audience
Are you a real estate investor in Boston, Massachusetts, looking to attract a wider audience for your investment property? Effectively marketing your property is essential to maximize its visibility and reach potential tenants who may be the perfect fit for your rental units. You can expand your reach and draw a broader audience by implementing…
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Property Management Skills Requirement for a Profitable Growth
Are you a property owner in Boston, Massachusetts, looking to maximize the profitability of your rental properties? To guarantee success in the competitive real estate market, possessing the right property management skills is essential. At Green Ocean Property Management, we understand the importance of these skills in achieving profitable growth. This article will delve into…
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How to Make Money on Your Investment Property While Keeping Maintenance Costs Low
Over two years into the property investment and management era, industry experts and investors have learned that massive growth and profits eventually stabilize—a phenomenon referred to as “reversion to the mean” in finance or “normalizing,” as experts described. Some market adjustments are cyclical, tied to expected economic downturns, while others represent a return to normalcy after…
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How to Make Money on Investment Property through Long-Term Appreciation
Investment properties offer an appealing avenue for building wealth. By purchasing real estate to earn a return on the investment, either through the future resale of the property, rental income, or both, individuals can secure a steady flow of passive income and enjoy excellent returns over time. However, the potential for financial gain extends beyond…
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9 Ways How Outsourcing Property Management Services Can Make Your Life Easier
Are you a property owner in Boston, Massachusetts, overwhelmed by the demands of managing your rental properties? Do you need help balancing tenant management, maintenance requests, and financial responsibilities alone? We understand that it can be a time-consuming and daunting task. That’s why we at Green Ocean Property Management offer a solution that can bring…
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How Property Managers Drive the Success of Real Estate Investments
When it comes to maximizing the returns on your real estate investments and ensuring their long-term success, property managers play a crucial role. At Green Ocean Property Management, we understand the challenges property owners face in managing their properties efficiently. That’s why we are here to shed light on how our property managers can make…
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What is Normal Wear and Tear on a Rental Property and How to Assess It
As a landlord or a tenant, understanding what constitutes normal wear and tear on a rental property is important for a smooth and fair move-out process. At Green Ocean Property Management, we understand the confusion surrounding this topic. In this blog post, we will clarify normal wear and tear, distinguish it from property damage, and…
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