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The Role of Property Management in Neighborhood Revitalization
Reading Time: 3 minutesWhen it comes to neighborhood revitalization, property management plays a critical role. Property managers are responsible for maintaining the physical condition of a property, addressing tenant concerns, and ensuring that the property complies with local laws and regulations. This level of oversight and accountability can significantly impact the overall health and well-being of a neighborhood.…
Strategies for Managing Tenant Disputes and Conflict Resolution
Reading Time: 3 minutesManaging a rental property can be a rewarding experience, but it can also be challenging at times. One of the most difficult aspects of being a landlord or property manager is managing tenant disputes and conflicts. Whether it’s a disagreement over rental payments, a dispute over maintenance issues, or a conflict between tenants, it’s essential…
Property Management in a Real Estate Market
Reading Time: 4 minutesThe real estate market is booming in many parts of the world, with property values skyrocketing and demand for rental properties rising. While this is excellent news for property owners and investors, it presents some unique challenges for property managers. This article will explore some key strategies property managers can use to navigate a booming…
Ways to Reduce Vacancy Rates and Keep Properties Occupied
Reading Time: 4 minutesAs a landlord, one top priority is ensuring consistently occupied properties. After all, vacant units can quickly drain your resources, wasting profits and forcing you to scramble to find new tenants. Fortunately, many ways exist to reduce vacancy rates and fill your properties with happy renters. This article will be exploring some of the most…
How to Conduct a Property Inspection and Why it’s Important
Reading Time: 4 minutesAs a property owner, it’s essential to conduct regular inspections to ensure your property is in good condition and identify any potential problems before they become costly and time-consuming. This blog will discuss how to conduct a property inspection and its importance. Why is Property Inspection Important? There are several reasons why property…
How to Create a Rental Property Marketing Plan
Reading Time: 4 minutesA successful rental property marketing plan is essential for attracting and retaining high-quality tenants. Without a solid marketing plan, rental properties may sit vacant for extended periods, leading to lost income for property owners. This blog will discuss creating a rental property marketing plan that works. Define Your Target Market The first step…
The Pros and Cons of Offering Short-Term Rentals
Reading Time: 4 minutesShort-term rentals like Airbnb and VRBO have become increasingly popular in recent years. While offering short-term rentals can be a lucrative option for property owners, it has its fair share of pros and cons. This article will tackle some pros and cons of offering short-term rentals. PROS Increased Rental Income Offering short-term rentals…
Strategies for Maximizing Rental Property Profitability
Reading Time: 3 minutesRental property investments can be an excellent approach to generating passive income and wealth over time. However, maximizing rental property profitability requires careful planning and management. Here are some strategies for maximizing your rental property profitability. Set the Right Rental Price Setting the right rental price is vital to maximizing profitability. If you…
10 Common Mistakes Landlords Make When Managing Rental Properties
Reading Time: 3 minutesManaging rental properties can be a great investment opportunity, but it comes with many responsibilities. It’s essential to avoid common mistakes that can lead to costly problems down the line. Here are the top 10 mistakes for landlords to avoid when managing rental properties. Failing to Screen Tenants Properly One of the biggest…
The Benefits of Outsourcing Property Management Services
Reading Time: 3 minutesAs a property owner, managing your properties can be a daunting task. Between collecting rent, handling maintenance requests, and dealing with tenant issues, it can be challenging to take on your own. That’s where outsourcing property management services can be beneficial. This article will discuss the benefits of outsourcing property management services. Time and…
The Role of Regular Maintenance in Property Management
Reading Time: 3 minutesAs a property owner, it’s crucial to understand the importance of regular maintenance. Property management is not just about collecting rent; it’s also about ensuring that the property is well-maintained and in good condition. Regular maintenance helps retain the property’s value and guarantees it is safe for tenants. This article will discuss the significance of…
Screening Tenants for Your Rental Properties
Reading Time: 3 minutesAs a landlord, finding reliable and trustworthy tenants is crucial to the success of your rental property business. The right tenants can help you maximize your rental income and maintain your property’s value. As for the wrong tenants, they can cause severe damage to your property and disrupt your income stream. Thus, it’s essential to…
The Impact of COVID-19 on Property Management Practices
Reading Time: 4 minutesThe COVID-19 pandemic has affected nearly every aspect of our lives, including how we manage properties. Property management companies have had to adapt to new safety regulations quickly, readjust to tenant needs, and combat economic uncertainty. Today, we will explore the impact of COVID-19 on property management practices and how property managers can respond to…
9 Sustainable and Green Initiatives in Property Management
Reading Time: 3 minutesThe real estate industry significantly impacts the environment, accounting for nearly 40% of global carbon emissions. As such, property managers must adopt sustainable and green initiatives to help reduce the industry’s carbon footprint. These initiatives benefit the environment and improve the income of property owners and managers. This blog explores a few of the sustainable…
Smart Home Technology and its Benefits for Property Management
Reading Time: 3 minutesSmart home technology is rapidly changing how people interact with their homes, and it is also significantly impacting the property management industry. Smart home technology connects devices to the internet, allowing users to control them through smartphones, tablets, or other devices. These devices offer many benefits for property management companies and their clients, including increased efficiency, improved…
5 Most Cost-Effective Upgrades to Boost Your Property’s Value
Reading Time: 3 minutes There are many areas for renovations that can help you make money from your rental property, but not all of them will bring good value. Today, we talk about the most cost-effective upgrades that you can do to your property to get the most return on investment. The Importance of Renovation for ROI…
3 Tools We Use for Efficiency
Reading Time: 2 minutesAt Green Ocean Property Management, we are committed to ensuring safety and comfort in all our properties. In today’s article, read about how we take advantage of property management technology with the top three tools we use for efficiency. We invest in only the best tools to diagnose and solve problems, such as the FLIR…
Save More Money With A Smart Thermostat
Reading Time: 2 minutesWe at Green Ocean Property Management love technology. That’s why Google’s Nest Thermostat is the perfect addition to the properties we manage. Here’s how switching from old-school thermostats to smart ones can save more bucks. All About Google’s Nest Thermostats Smart thermostats, specifically Google’s Nest Thermostats, are becoming very commonplace in many…
Wearing our Brand
Reading Time: 2 minutesOur branding makes us stand out among the rest—or at least identifies and distinguishes us from the next person. In today’s article, we explain how wearing our brand takes our identity to the next level and reminds us of our mission as your dedicated property manager. The Importance of Wearing our Brand So…
How To Obtain A Construction Loan For Your Renovations
Reading Time: 2 minutesYou can find additional resources to fund your renovation, such as a construction loan. In this video, we share how we have helped some of our clients obtain loans and achieve their dream renovations. Now, we don’t do this too often for our clientele, but when it’s necessary, what ends up happening is…
Our Water Usage Program
Reading Time: 3 minutesYour water consumption usually takes the most significant share of your utilities, but did you know it doesn’t have to? In this article, we give you a glimpse of our Water Usage Program–keeping your water expenses low and your income high. How Our Water Usage Program Works The Water Usage Protection Program allows…
Stop Worrying About Lost Coin-op Keys
Reading Time: 9 minutesCoin boxes of coin-operated laundry machines are not easy to pick, so losing the keys to them can be a headache. As lost keys are a common problem, we at Green Ocean Property Management have an easy fix using a special drill. So the majority, if not all, of our investment properties have…
Lessen Tenant Complaints with an Air Thermostat
Reading Time: 3 minutesOne of the most common calls we receive from our residents is temperature. Today’s blog offers a simple resolve to lessen those complaints – regardless of whether the tenant or the landlord controls the thermostat. What have I got in my hand over here? Is it a clock? Is it time to…
Why and When Do You Need an MLC?
Reading Time: 5 minutesA Municipal Lien Certificate (MLC) is a legal document that certifies you don’t owe any liens – or taxes – on your property. In this article, learn how an MLC works and how Green Ocean Property Management will assist you in obtaining one when you need it. What is an MLC? An MLC…
Our Multifamily Maintenance Plans, Explained
Reading Time: 2 minutesMaintaining your property’s tip-top shape can feel like a chore, but we’re here for you! Staying true to our mission of being more than just a property management company, we help you keep your residents happy with our multifamily maintenance plans–from landscaping to pest extermination and everything in between. Our Multifamily Maintenance Starts…
Top 3 Software We Use to Analyze Your Property
Reading Time: 4 minutesFor a detailed comparative market analysis, here are three software we use to analyze your property so you can make informed decisions about your next investment. Comparative Market Analysis (CMA), what we call “rental comps” for short, allows real estate investors to determine the value of a property compared to similar properties in…
Top 3 Household Items Landlords Aren’t Required to Give to Tenants
Reading Time: 16 minutesIn today’s session, I’m going to be talking about the three household items that aren’t required but are commonly thought of as required by landlords. A common misconception is that landlords should provide everything to keep tenants happy. You’re good as long as you comply with state laws, but it’s okay to be…
How to Open a Laundry Coin Box With Lost Key
Reading Time: 37 minutesOne of the most common issues with coin-operated laundry is opening a laundry coin box with a lost key. A laundromat’s coin box is thick enough to withstand amateur attempts to unlock it. But here is our solution to ensure you collect your coins and your tenants can use your laundromat even when you lose…
Why I Also Wanted to Be a Licensed Home Inspector
Reading Time: 2 minutesBecoming a licensed home inspector means putting in the hours to get certified. But even if it means more work, I also get to be more qualified as a property manager. Today, I’m sharing with you why I also got a home inspector certification. Becoming a Licensed Home Inspector A home…
Two Types of Property Investors
Reading Time: 3 minutes If you want to make more money with your property, you need to know what kind of property investor you want to be. In today’s article, we talk about the two types of property investors so you can earn and save more money, buy more profitable properties, and attain financial freedom. Types of…
A Way to Improve Your Property for Free!
Reading Time: 2 minutes Having to improve your property doesn’t always mean additional cost! Luckily, we at Green Ocean Property Management can avail of some free stuff for our landlords and tenants, just like these smart thermostats. State Initiatives on Energy Efficiency Massachusetts has been a consistent frontrunner in the American Council for an Energy-Efficient Economy’s…
Why We Need Space Heaters
Reading Time: 2 minutes Winter in Boston can be very brutal. And even if your heating systems are in place, it may not be warm enough for all your residents. Good thing we have these space heaters to keep your units warm even when it’s is freezing cold outside. When Heat Is Not Working Boston…
Legal Fees When Moving In
Reading Time: 2 minutes Landlords and property managers should abide by local landlord-tenant laws to ensure nothing is overcharged. Learn more as we explain the legal fees you can collect from tenants when they are moving in. State laws on move-in fees State laws on move-in fees vary. Some states have no limit on the amount…
Using Asana With Our B.I.G. Landlords
Reading Time: 3 minutes With ten or more units to manage, it might be impossible for landlords to keep up. That is why our Boston Investor Group (B.I.G.) landlords are also using Asana, our project management software, where they have round-the-clock access to updates on every work we do at their property. In today’s article, I’m going…
How We Deal With Fallen Trees
Reading Time: 2 minutes Fallen trees are a hazard and should be dealt with the soonest as possible. In this article, we explain how we act quickly and thoroughly on fallen trees before they cause further damage to your property. Fallen Trees in Massachusetts It is very, very dangerous to be around fallen trees in Massachusetts. We…
Hiver for Gmail, Explained
Reading Time: 3 minutes Fast and open communication has always been our top commitment. We keep it that way within our company and, most importantly, towards our partners and clients. Today, our CEO Jarrett Lau shows you how we do that with Hiver, the world’s 1st Gmail-based Helpdesk. With it, our entire team is always only one click…
Minimize Vacancies with 3D Renderings
Reading Time: 3 minutes 3D renderings allow contractors and prospective renters to look at the property without being onsite. But at Green Ocean Property Management, we take it to the next level: we use it for advertising the property. With more potential tenants who see it first, there’s less time for your property to remain vacant. Here’s how…
Dealing With Security Deposit Deductions
Reading Time: 4 minutes We have handled more security deposit deductions than we can count. In today’s article, we explain how we sorted it out with one of our residents. Move-out Inspections and Security Deposit Deductions At the end of every single lease term, a tenant will move out. It is then our job to do a…
Our BIG Program, Explained
Reading Time: 2 minutes Here at Green Ocean Property Management, we specialize in helping and building up our landlords. But we take property management to the next level as we introduce the Boston Investor Group, also known as our B.I.G. program. What is B.I.G.? BIG stands for Boston Investor Group. It is a special recognition given to…
Acquire, Renovate, and On-Ramp your Property With Us!
Reading Time: 2 minutes At Green Ocean Property Management, we help you before and beyond renovating your property. Here’s how we help you acquire, renovate, and on-ramp your property. Acquiring and Renovating Your New Property We help out a ton of clients purchase new properties. Now sometimes, these properties are vacant, and we need to…
Tips for a Successful Property Turnover
Reading Time: 12 minutes Property turnovers are probably one of the most exciting aspects of owning or renting a property. To make the transition smooth and hassle-free, here’s what you should do to achieve a successful property turnover. What is a turnover? A property turnover is the time frame from when your tenant who currently lives in…
How Does Real Estate Depreciation Work?
Reading Time: 2 minutes Most people think that depreciation is a negative effect of owning a property but actually there is a good side of it that real estate investors should know. Find out what it is here. In today’s video, we are covering depreciation and how it works in real estate. What is Depreciation? Generally, depreciation…
Why We Do Flat Fee Pricing
Reading Time: 2 minutes Property managers do more than just collect rent and pay bills. We also help you accomplish your profit goals. In this article, our CEO Jarrett Lau explains why our flat fee pricing is a win-win deal for you, especially in the long run. Why Flat Fee Pricing Probably the most common question that…
How We Save Money on Water
Reading Time: 2 minutes Water is precious, and conserving it is good for the environment. But saving money on water bills benefits your wallet as well. Today, we are excited to share with you yet another way that we at Green Ocean Property Management can help you save more money with your investment property. Our Water Bill…
Dealing with Dripping Water
Reading Time: 2 minutes Dealing with dripping water requires professional assistance and the right tool. In today’s article, we explain how a small thing such as a guard dog valve can put your mind at ease from money– and water –pouring down the drain. Sources of Dripping Water The three main sources of dripping water are a…
The RAFT Program and How We Help You With It
Reading Time: 4 minutes This pandemic has not been easy for most of us. Luckily, there are rental housing assistance programs in place to tide over affected residents. In today’s article, we talk about the RAFT program and how we assist our residents in their application process. What is RAFT? RAFT stands for Residential Assistance for Families…
Leak Detection and Repair
Reading Time: 2 minutes Property managers should solve your property headaches for you and not add to them. In today’s article, we emphasize the importance of having property managers who are proactive and equipped with the right tools, so they can take care of one of the most common property problems: leak detection and repair. Let’s Talk…
How We Use Drone to Manage Properties
Reading Time: 2 minutes We are taking things to new heights! Today we are introducing the latest addition to our inventory – a drone that we use to manage properties and go beyond regular property management. What is a Drone? Drones are formally known as unmanned aerial vehicles (UAVs). It is a flying machine that can…
How We Plan Out Renovations
Reading Time: 2 minutes Renovations entail a lot of planning, but you don’t have to do it alone. We plan out renovations in a way that no penny or day is wasted. In today’s article, we will explain how our staff will handle your renovation and get it done extremely quickly. There will be no missed days or…
How We Handle Late Payments
Reading Time: 3 minutes At Green Ocean Property Management, we implement a system for collecting rent online. And if rent still isn’t paid on time, landlords don’t need to worry as here are the steps we take to handle late payments. #1 We have a tenant portal First and foremost, we don’t want any late rent…
How We Use CompanyCam
Reading Time: 2 minutes A huge part of what we do is act quickly on any issues with your property. So today, we are excited to share another technology that we use to ensure that landlords and building trustees have full oversight and transparency when it comes to your property. We are talking about CompanyCam and how we…
Reline Your Chimney with Us!
Reading Time: 2 minutes Chimneys are essential to ensuring your residents are safe – specifically, with the air they breathe. Today, we talk all about why you should reline your chimney and what it does to keep carbon gases properly vented out of your property. What are chimneys for? Most of the time, people think that…
Introducing Asana and the On-ramping Process
Reading Time: 9 minutes Asana is one of the project management tools we use to help us serve you well. In today’s article, we take you on a virtual tour of the Asana interface – starting with the on-ramping process – showing just how much we go above and beyond to invest in state-of-the-art tools that allow us…
Achieve Zero Vacancy Rate
Reading Time: 3 minutes Your investment property should be maintained, whether rented or not. Across hundreds of properties that we manage, we typically have zero vacancies. But that rate is not something that happens overnight or happens magically. Rather, it takes day-to-day processes of follow-ups and making sure that you are staying on top of everything. So in…
How to Get Started with Buildium
Reading Time: 12 minutes Proper documentation of billings and leases is important to every landlord. We provide that in real-time using Buildium, a property management software that makes our operations easier. So in today’s video, we are showing you Buildium: what it looks like and how to get started with it. What is Buildium Buildium is a…
3 Best Ways to Get Tenants to Renew
Reading Time: 11 minutes Getting your current tenants to renew their lease is an important task for any property manager. That is why in today’s article, we share with you the three best ways to get tenants to renew. What Is Tenant Retention? Tenant retention is simply the art of encouraging your current tenants to stick around…
How to Navigate zInspector
Reading Time: 3 minutes We use zInspector to track inspections and repairs. Although it is user-friendly, there will always be clients who are new to it. So we made this tutorial for clients to know how to navigate zInspector. What is zInspector zInspector is a mobile app that we use to track our findings during property…
Why A Property Manager Should Process Leases Everyday
Reading Time: 2 minutes When it comes to leasing your property, our top priority is to minimize the chance of vacancy. In this article, we emphasize why it is important to process leases every day of the week. That way, you can close deals with prospective renters and ensure that your property is always filled. Here are…
HomeWise Docs Explained: HOA & Condo Documents
Reading Time: 9 minutes Gone are the days when paperwork for sale or refinance of properties is done manually and takes a while to process. Today’s article shows you how HomeWiseDocs simplifies complex and time-consuming tasks for property managers to serve you quickly and efficiently. What Is HomeWiseDocs HomeWiseDocs is a third-party company with a website…
Managing Parking Lots with Drone
Reading Time: 2 minutes When it comes to visualizing any space, a different angle can make an absolute difference. We share the wonders that a drone brings to managing your parking lots. In addition to managing apartments, we also manage quite a few parking lots. And parking lots can actually make quite a bit of…
Questions to Ask When Qualifying a Vendor
Reading Time: 3 minutes Property managers and landlords should know who to trust when it comes to property maintenance. Here are some questions to ask when qualifying a vendor. Who are vendors? Vendors are the people that go into your house and provide service. These can be plumbers, electricians, handymen, or appliance technicians. We need to make…
Mistakes to Avoid during Lease Renewal
Reading Time: 3 minutes Property managers play a huge role in lease renewals. If not done right, landlords and tenants will suffer in the long run. Look out for these mistakes to avoid during lease renewal. #1: Not releasing the renewal notice in time When you own an investment property and you have a tenant in…
How To Avoid Locking Yourself Out
Reading Time: 2 minutesThe situation that landlords as well as probably tenants hate the most is being locked out of a property. It is definitely not fun getting locked out of your property. Good thing we can help you avoid locking yourself out with these tips to make sure it never happens ever again. #1 We put…
Dealing with Flood
Reading Time: 2 minutes So one of the most unfortunate things that can happen to our property is a flood. Floods can cause serious damage to any property, and dealing with them incorrectly can lead to further issues. Today, we give a rundown of how Green Ocean Property Management handles floods on your property while also preventing molds…
How to Do an Attic Conversion
Reading Time: 3 minutes Converting any living space comes with a few considerations and technicalities. We break down what to keep in mind so you know how to do an attic conversion: from determining square footage to securing permits. Many of these multifamily houses have these large attics with really high ceilings, and they say, “Well, if…
Maximize Rental Profits by Converting Living Rooms
Reading Time: 22 minutes Converting living rooms into other versatile rooms is an effective use of living spaces that can maximize your profits. Today, we explain how we can turn a living room into another usable room. Room, as in “bedroom”? Notice that we did not use the word bedroom. It is because, in many…
Using 3D Tours to Estimate Renovations
Reading Time: 3 minutes Renovations don’t come cheap, so every detail must be accounted for. But what do you do if you can’t make an inspection onsite? Today, we are sharing how technology – specifically using 3D tours – helps us estimate your renovation project for your property. It allows us to save time, the vendors’ time, and…
Quick and Efficient Property Maintenance Using Property Meld
Reading Time: 3 minutes It takes an entire team to keep any property well-kept. That is why Green Ocean Property Management uses Property Meld to ensure all members of that team – from owners, vendors, residents, technicians, and us, your property managers – stay on track under one platform to provide a quick and efficient property maintenance…
Understanding Real Estate Cost Segregation
Reading Time: 2 minutes If you want to save while making more money in real estate, you have to be knowledgeable in cost segregation. Learn it here. In today’s article, we are talking about real estate cost segregation: what it is and how it will benefit you. Defining Cost Segregation Cost segregation is a generally utilized…
Managing Properties With iPads
Reading Time: 2 minutes As property managers, our work is usually on the field – onsite the properties under our care. But that doesn’t mean that we leave the office stuff behind and just come back to it later. In this article, we share how we use iPads to manage properties: making our field managers’ work more accessible,…
What is a 1040 Schedule E
Reading Time: 6 minutes Real estate comes with a lot of technicalities, especially tax forms. In today’s article, we go into detail about the 1040 Schedule E and how Green Ocean Property Management can guide you through tax forms such as this. Defining the 1040 Schedule E Form Now, a 1040 Schedule E is a…
Prevent Bathroom Mold With Fans
Reading Time: 2 minutes One of the most common issues that we encounter in our investment properties is mold. Prevention is better than cure, and the secret to keeping mold away is by keeping areas dry, especially in the bathroom where it is almost always wet. But did you know that you can prevent bathroom mold by installing…
Avoid these Common Landlord Mistakes
Reading Time: 3 minutes Mistakes after mistakes after mistakes can be done. A property manager’s job is to help you minimize common landlord mistakes and more importantly, avoid them before they even happen. Here are three of those common mistakes and why you should prevent them. #1 Not recognizing the importance of planning First and foremost, prior…
What makes a Property Manager VALUABLE?
Reading Time: 3 minutes Hiring a property manager proves to be valuable to any landlord as it allows you to take care of your properties and tenants, especially if you have several properties. Property managers deal with the tenants and their concerns so landlords don’t have to.s been in the industry for over four decades. One of the…
Safer Tenants with Outlet Testers
Reading Time: 2 minutes One of the most affordable and useful tools to guarantee safer tenants is an outlet tester. All you have to do is plug it in and press the button. Now, how does it work and can it really save you time and money? An outlet tester, as its name suggests, is a small…
Signs to Hire a Property Manager
Reading Time: 3 minutes Managing properties is not a job for just anyone. And even the most organized landlords need all the help they can get, hopefully from experienced and qualified property managers. Here are five signs it is time to hire a property manager to help you. #1 You don’t know your books When we…
Achieving a Smooth Lease Management Transition
Reading Time: 3 minutes There are different ways a property management company handles transition in lease management. Here at Green Ocean Property Management, we make it as smooth and as efficient as possible. In this article, we share with you how we ensure a smooth transition of the management of properties and tenants during the duration of…
Benefits of Having a Property Manager who is a General Contractor
Reading Time: 3 minutes Property managers and general contractors play different roles in real estate. But if you have a multi-serving property manager who is also a general contractor, like here in Green Ocean Property Management consider yourself lucky as you can experience these perks. Here are the benefits of having a general contractor as your property manager. …
How We Pay our Landlords
Reading Time: 2 minutes There are different ways in which landlords or property managers collect rent from their tenants. In today’s article, we share with you the most effective strategy we use to pay our landlords here at Green Ocean Property Management. Many landlords who have been managing their properties themselves are very used to either getting checks,…
Top 3 Proactive Maintenance Tips for Every Home
Reading Time: 4 minutes In today’s article, we share the top three proactive maintenance tips that have been proven and tested to save us money on repairs. We at Green Ocean Property Management do these for every single multi-family unit we manage. Generally, it is our job as property managers to be proactive about these things. We…
5 Benefits of Hiring a LOCAL Property Manager
Reading Time: 3 minutes When choosing your property managers, there are some factors to consider. Hiring a property manager who is based within close proximity of your investment property proves to have more benefits than one who is 45-50 minutes away from you. Sure, their rates might be cheaper – because everything outside the city is typically cheaper…
Our Simpler, Easier, Flat-Fee Pricing
Reading Time: 2 minutes What is flat-fee pricing, and does it make property management easier? In this article, we explain why we do flat fee management pricing versus much of our competition that implements percentage-based management fees. Flat fee pricing explained Flat fee pricing, also called flat-rate pricing, refers to charging a single, predetermined fee for…
Keeping Things Organized in Property Management
Reading Time: 2 minutes Here at Green Ocean Property Management, we are asked all the time how we keep things organized. Well, nothing beats learning it through years of experience. And in our four decades of managing hundreds of properties, we have come to know what works and what doesn’t. So, how do we make sure that…
How to handle a lease break
Reading Time: 3 minutes A lease break is when a tenant or property manager/owner ends a fixed-term agreement before its end date without sufficient grounds. It can happen for a multitude of reasons. Maybe the tenant gets a new job out of state and they have to leave. Maybe a relationship has gone bad, like a boyfriend and…
Reasons to Conduct Property Inspections
Reading Time: 3 minutes Your property is an investment, and the more you take care of it, the more you can expect it to give you higher returns. Conducting regular inspections allows landlords to keep their property in tip-top shape and maintain – if not improve – its value. In today’s article, we explain why property inspections are…
Alternative Ways To Save On Utilities
Reading Time: 2 minutes In today’s article, we present how we proactively save you money while doing good for the environment as well. Initially, we look through your property with Mass Save, which can do an energy audit of your home and help figure out where you can save on utility costs. But for now, we will focus…
Security Camera Setup With Green Ocean PM
Reading Time: 2 minutes At Green Ocean Property Management, we always say “we give you peace of mind.” What better way to ensure your property and residents are safe? Taking care of your security camera setup is one of the ways we assure you that. So, these security cameras: what do we do with them? We give…
How We Do Water Mitigation
Reading Time: 2 minutes Nobody likes waterfloods. Unfortunately, if that happens, you don’t know which is more annoying: cleaning up and drying out everything that got wet or dealing with the insurance company to justify the work that needs to get done. Here, we talk all about those and how we do water mitigation at Green Ocean Property…
Save Money With Deleading
Reading Time: 2 minutes Deleading your property can be quite expensive. Fortunately, you don’t have to shoulder the entire cost on your own. We’re sharing with you a huge tip on how to save money with deleading – or tax credits, at least – as well as make your property safer. You can do both by deleading your…
Understanding Tenant Move-in Fees
Reading Time: 24 minutes Landlords usually charge a specific rate when a tenant signs a new lease. The tenant move-in fees typically cover the costs of accommodating and processing new tenants, including touch-ups and minor changes such as changing directories and reprogramming security systems. But what exactly do these move-in fees encompass, and how do…
3 Ways to Make More Money with a Property Manager
Reading Time: 2 minutes You might be wondering about whether or not you need a property manager. And we get it: it’s a lot to think about, and more importantly, it will incur additional expenses. Of course, management and everything in this world has a cost but what do you get in return for it? To ease…
Warning Signs That Your Property Manager Will Cost You More Money
Reading Time: 3 minutes If you want to grow your real estate business, you need to have the right property manager on your side. Property managers play a huge role in any landlord or real estate investor’s life. They are so essential in the sense that they can make or break your business. They either help you…
How to Sight a Good Property Manager
Reading Time: 3 minutesWhat does a property manager do? You won’t have to worry about anything in your investment property if you’ve got someone doing it right. Here is a quick explainer on property management and how to sight a good property manager. What Do Property Managers Do? Property managers can handle a wide range of…
How Real Estate Analytics Gets Done
Reading Time: 2 minutes Analytics enables businesses to make sound decisions based on facts and trends. It often means a lot of spreadsheets: a lot of numbers, a lot of reading. But when it comes to an investment property, it’s important to use this data. Read on to know how real estate analytics gets done. Our…
Our Multi-faceted Services, Explained
Reading Time: 2 minutes For those of you that don’t know, Green Ocean Property Management’s services are multi-faceted. In addition to being property managers, we are also real estate agents and construction managers. What does that mean for you as a landlord looking for a property manager who perhaps is also looking for a property they have to…
5 Situations Where You Need A Locksmith
Reading Time: 2 minutes5 Situations Where You Need A Locksmith The safety of one’s family and loved ones is very imperative. From old locks to modern smart security systems, people worldwide are investing in security like never before, giving rise to modern locksmiths that will help you crack into your home safely in case you lock yourself…
Best Practices for both Landlords and Property Managers
Reading Time: 2 minutes Property managers and landlords play a huge role in the real estate industry. Both are key players in making sure that the property and the tenants are well taken care of. These two require two important things: transparency and communication. Both are dealing with a property worth hundreds of thousands, if not millions…
Difference between Real Estate Agent and Property Manager
Reading Time: 6 minutesDifference between Real Estate Agent and Property Manager In this article, we are going to discuss the difference between a real estate agent and a property manager. Too many times we have heard a landlord say, “I got someone that helps me out with my property.” So we ask them, “What do they do…
Mortgage and Refinance: A Guide for Beginners
Reading Time: 2 minutes A property whether it is a single-family or a multifamily home is a an investment for any real estate investor. One way to leverage it is by refinancing. Refinancing allows real estate investors to lower the rate and increase the returns or cash-out money from the appreciation of the property. This allows them to…
When do you need a property inspection?
Reading Time: 4 minutesProperty inspections can be nerve-wracking for people who have recently acquired property or are trying to sell or rent it out. There are multiple reasons why a property is up for inspection. In this article, we will explore these reasons and the types of property inspections involved. The type of inspection will depend on the…
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