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,…
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, direct deposits, or even Venmo into their bank accounts.
We will also make it easy for you. Here are the three aspects of paying our landlords.
#1 We collect the rent from the tenants.
Typically on the first of the month, we collect the rent from the tenants. We also have a tenant portal where tenants log in and pay their rent online. It allows us to keep your accounting straight in our financial books. That way, month to month, you know how much income and expenses you have, keeping the records very clean. At the end of the month, we will deduct it and you will see any type of bills that we have to pay for on your behalf.
#2 We transfer the amount to your account.
By the 25th or 26th sixth of the month, we start to transfer into your bank account. When you get that transfer, you will get an email stating our transfers being made to your account.
We do a cut-off within our property management software so you can log in to your landlord portal and it will match the income and expenses that you have in the net number that is being transferred over to.
#3 We pay our landlords online.
All payments are made electronically, so you don’t have to worry about convenience and safety. It is also an inexpensive way to guarantee that every one of your bills is paid on schedule. Furthermore, it will match your online accounting anytime funds are transferred.
Our commitment
If you or anyone else you know is looking for a property manager that makes sure to pay landlords on time and your numbers match month after month, please think of Green Ocean Property Management: where you get more than a property manager, you get peace of mind.
Protect Your Property With Our Expert Slate Roof Care
Reading Time: 3 minutesSlate roofs exude elegance and timeless beauty, but they come with unique challenges that set them apart from asphalt roofs. At Green Ocean Property Management, we understand the intricacies of slate roof maintenance and are here to ensure your investment remains safe and sound. This article will delve into the essential aspects of slate roof…
How to Make Your Multi-Unit Property Stand Out
Reading Time: 4 minutesIn the competitive rental market, property managers must go beyond the basics of providing a roof over residents’ heads. Amenities play a crucial role in differentiating multi-unit properties, enhancing both resident experience and property value. As more individuals seek a place that offers comfort, convenience, and community, the right amenities can make a property significantly…
Navigating Boston Zoning Regulations and Permits
Reading Time: 2 minutesUnderstanding Boston’s zoning regulations is crucial for ensuring your improvements not only add value but also comply with the city’s guidelines. Similarly, dealing with permits can be tricky and time-consuming, requiring attention to detail and coordination with city departments. Whether you’re a seasoned property owner or a first-time investor, this guide is here to simplify…
Experience exceptional management and elevate your property with us
