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Joint Lease vs. Individual Lease
Reading Time: 2 minutes There are two methods of lease structures for multiple tenants: signing each tenant individually (or “by-the-bedroom”), or jointly (also called “one lease”). Depending on your preference, your rental property location, and your residents, one lease structure may be better than the other. Let’s take a moment to examine joint lease vs. individual lease…
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Are Tenants Allowed to Have A Grill?
Reading Time: 2 minutes Around the spring and summer months, we get this question a lot: “Are Tenants Allowed to Have A Grill?” This is a very tricky question. So in this article, we’re going to be sharing with you how we handle it at Green Ocean Property Management. In all our leases, we don’t allow grills.…
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How Nonresident Aliens Pay Their Taxes
Reading Time: 2 minutes According to Internal Revenue System, Nonresident aliens are individuals who are not a U.S. citizen or U.S. national and wasn’t able to pass the green card test or the substantial presence test. Nonresident aliens are international students who are currently studying in the United States, international students who need to obtain practical training that is…
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What makes us STAND OUT from the rest!
Reading Time: 2 minutes We are going to be covering the differences between us, Green Ocean Property Management, who has experienced managing hundreds of properties for over a few decades, compared to smaller property manager and companies that might do it on a part time basis or self-managed landlords. This article is not going to be…
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How Does Space Heaters and Portable AC Units Work
Reading Time: 2 minutes Another way that we, as a property management company think ahead and avoid problems for our clients is having space heaters and portable airconditioners (ACs) for our clients. We will share more details about it here. Space Heater and Portable Airconditioner: A Must-Have Back-Up Strategy One of the implied warranty of habitability is…
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Why we get the appliance model and serial numbers
Reading Time: 2 minutes In today’s article, we’re going to be covering another unique way that we do to save our landlords’ time and money and the things we do to be more efficient and effective in managing your property. Money-saving Tasks that We Do #1 We get the appliance model and serial numbers Whenever…
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Why Pre Walkthrough is Necessary before Move-Ins
Reading Time: 2 minutes September 1 is Moving Day in Boston, Massachusetts. As this yearly tradition continues in the whole city, we, as a property management company, continue to be proactive by giving our clients’ renters a stress-free feeling before they move-in. One way to do it is by providing a pre-walkthrough. Why is pre-walkthrough necessary? …
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How Important is 6D Forms in Real Estate?
Reading Time: 2 minutes One of the obligations that we have in managing condo associations is to make sure that the documentation process is done smoothly. Any type of paperwork that’s necessary for the transaction of either purchased or refinanced, we have to handle its 6D forms. What is 6D? 6D is a form and it’s from…
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How to Ensure Tenants’ Safety
Reading Time: 3 minutes The safety of your residents should be the utmost priority of any landlord or property manager. And with the apparent rise in burglary and criminal trespass cases in Massachusetts, it is imperative to keep the basics in check to prevent any unfortunate incident. We give you the three Ls to remember to ensure tenants’…
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