Should a Tenant Pay their Water Bills in Massachusetts?
Reading Time: 4 minutes Are you curious if your tenants should pay the water utilities for your property in Massachusetts? In this article, we will be covering that most commonly asked question by most landlords. Is it possible for tenants to pay water bills? In a condo association, water bills are included. However, if you do…
How to properly handle tenants who withhold rent
Reading Time: 2 minutes Tons of prospective landlords always ask us this question: “Can my tenants withhold rent?” The state of Massachusetts is very tenant-friendly. However, there are some guidelines that tenants need to follow if they are going to withhold rent. Read on to know some. 1. A tenant must withhold in separate escrow accounts …
How Does a Key Fob System Work?
Reading Time: 2 minutes In today’s article, we’re going to be covering keys. We already discussed about the master key system in a different session. So today, we will discuss key fobs. What is a Key Fob? Key fobs are the little things that can get you into a building. Instead of using actual keys,…
Lease Renewal Process – Explained
Reading Time: 3 minutes To help us get started with the lease renewal process let’s first define lease. A lease is a binding contract between you and the tenant, stating the terms of the agreement. Leases will expire anywhere between June and September in the Greater Boston area. We do this because that’s the highest amount of…
Property Management Tips: How to Prepare for Emergencies
Reading Time: 3 minutesFloods, fires, and the occasional squirrel in the attic — emergencies come in every shape. Here’s the playbook we use to keep a bad situation from becoming a worse one. Advantages of having an Emergency line At Green Ocean Property Management, we have an emergency line that is not just an answering…
Why Investors Need a Public Insurance Adjuster?
Reading Time: 4 minutes Insurance losses will change people’s lives, and whether it means floods or fires, or something that is going to kick a tenant out of the properties, we make sure that we handle the process from start to finish and as quickly and as efficiently as possible. Why hire a public adjuster? Every…
How can a Property Manager help You?
Reading Time: 3 minutes As a property management company for a few hundred investment properties around greater Boston, we have had our share of losses ranging from small to massively big. These insurance losses change people’s lives, whether it is a flood or fire or something that is going to kick a tenant out of the property. We…
Different Types of Regular Keys and its Duplication Process
Reading Time: 2 minutes In our previous article, we have shared the best master key systems that allow us to have one key and codes. That makes us not worry about bad cuts or copies of old keys, but that doesn’t mean that old keys don’t still exist. Today, we will discuss key cutting machines and the keys…
What makes a property desirable?
Reading Time: 2 minutes When our clients are looking at a property, they always ask, “What are the things that make this property desirable?”. In this article, we are going to share some of the things that we think make a property desirable. #1 Convenience When tenants are picking a property, they consider how far…
How deleading can affect you and your children’s health?
Reading Time: 9 minutes Back in 1978, lead, a metallic substance, was added to paint. It was added because it made paint brighter and more durable. In this article, you will understand how this material that makes our places more beautiful can also affect our health particularly the children. How can lead removal affect you and your…
Green Ocean’s Single and Multifamily Insurance
Reading Time: 2 minutes Insurance is one of those topics that nobody really enjoys talking about, much like going to the dentist, but it is necessary. Having a commercial single family or multi-family property is different than owning and living in it yourself. Things that you should know about Single and Multi-family Insurance Typically, single…
Rental Tips for International Students and Workers
Reading Time: 3 minutes Are you planning to rent your place to international students and workers? Below are some tips and forms needed to be able to do so. Forms needed during the application process A person who wants to study or work in the United States would need to apply to either their school…
Green Ocean’s Pet Application Process
Reading Time: 3 minutes At Great Ocean Property Management, we love pets. However, we have to make sure that if any of our landlords or properties allow animals, they go through a rigorous process. Interested to know the process? Read on! Submission of Forms The tenants typically submit an application online containing information about their…
How to Maximize the Potential of your Property through Renovations?
Reading Time: 3 minutes Let’s maximize the potential of your property! Read on to get some tips from Green Ocean Property Management! With every dollar that you put into your property, you want to make sure that you get a return on your investment. We can help you do that. Property Assessment We can help…
5 Reasons Why Early Renewal and Property Marketing Are A Must
Reading Time: 3 minutes One of the most important aspects of owning investment properties is the lease renewal process and property marketing. To do this, you have to start early. The renewal and marketing process has many steps, all of which should be carefully considered and done correctly. When facilitating the lease renewal and marketing process, we…
Top 5 Financial Red Flags when reviewing Tenant Applications
Reading Time: 14 minutes 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…
Is Room Rental a Good Idea?
Reading Time: 3 minutes 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…
Why A Management Fee Is An Investment Not An Expense
Reading Time: 4 minutes 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…
No Security Deposits with Obligo: How the Monthly Fees Work
Reading Time: 5 minutes 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…
Tenant Screening Questions to Avoid
Reading Time: 14 minutesAs a landlord, you have the right to do a thorough process in screening potential tenants. You might have a list of what makes a good tenant in mind. You know, how they must be responsible and pay their bills on time, be stable when it comes to employment, and have a good record from…
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