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Top 5 Financial Red Flags when reviewing Tenant Applications
As property managers, we need to make sure that our clients have responsible tenants. That is why we have listed our Top 5 Red Flags when reviewing potential tenant applications so that landlords can have immediate signs to turn down an applicant but if you see multiple red flags be warned! We have seen too…
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Is Room Rental a Good Idea?
With many landlords still facing vacancy, they’re continuing to drop prices, pay fees, but then they don’t know what to do afterwards. Let me explain what a room rental is. Instead of having your entire apartment rented out, whether it’s a two or three-bedroom apartment rent it out to an entire group. What…
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Top 5 Hacks to Return your Tenant’s Security Deposit after 9/1
We got through 9/1. Now the real work of fulfilling new tenant repairs and returning of security deposits needs to get done. This week’s property manager’s pulse, I’m going to be talking about security deposit returns, and how we make it a smooth process. Preparation of Forms Most landlords and management companies have…
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Why A Management Fee Is An Investment Not An Expense
For this week’s property manager message, I have a special one today as this is a 9/1 turnover. This means that there are thousands of units across greater of Boston turning over. There are lots of tenants moving out with new tenants moving in, which means cleaning, as well as some repairs, as well…
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Top 3 Ways to be Proactive when your Property is Vacant
We are now less than a week away from September 1st, which means tons of move-ins and move-outs and potentially vacancy for hundreds, if not thousands, of landlords. In this week’s property management pulse I’ll be covering three proactive ways that you can do if your property is going to be potentially vacant.…
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Top Technologies Green Ocean use to Leverage Services
WATCH THE VIDEO TO SEE THE ACTUAL DEVICE WE USE In this week’s property management pulse, I will be going over some technologies and how we use them to leverage and to be able to improve our service. For you, our clients, as well as being able to perform better and have more supervision oversight…
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We make NO Security Deposits a Reality with Obligo
A security deposit is a one-time fee that is collected by most landlords. Usually, they charge up to three months’ worth of rent: that is the first month, last month, and security. Other terms for a security deposit are last month’s rent, advance deposit, or cleaning deposit. However you call it, security deposits are…
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What to look for in Qualifying a Vendor?
Looking for a good contractor and qualifying a vendor is an important task for a property management company. It can be a deciding factor for some landlords if a property management company is partnered with credible local contractors in the area who are known to deliver satisfactory service. An expert in the industry knows the…
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What is a CAP Rate and How do you Calculate it?
Before you get into the game of being a property investor, having enough knowledge and a sharp eye in choosing the right property investment will help you be successful. The key factor in buying the right investment property is to learn how to determine the value of an income-generating property. Not knowing how to choose…
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