When Boston residents want to escape the city, there is one place that immediately comes to mind: The Berkshires. Over the past few years, the Berkshires have become an increasingly popular destination for those in the Greater Boston Area looking to explore the more rural areas of … [Read more...] about The Berkshires: An Up and Coming Destination for Tourists and Investors in the Boston Area
5 Cost-Effective Upgrades to Attract Better Tenants and Reduce Turnover
As an investment property owner, it can be difficult to determine which upgrades are actually worth making to your property. Upgrades can be expensive, but an updated property is more attractive to prospects and will result in happier tenants that stay longer. Certain upgrades can also increase … [Read more...] about 5 Cost-Effective Upgrades to Attract Better Tenants and Reduce Turnover
How to Protect Yourself from Tenants Damaging Your Rental Property
“What if a tenant damages my property?!” It’s a question we’ve been asked thousands of times, and for good reason. It’s one of the most common worries for rental property owners and it’s perhaps the number one reason why people avoid purchasing a rental property as an … [Read more...] about How to Protect Yourself from Tenants Damaging Your Rental Property
How We Manage and Monetize Vacation Rentals
In today’s rental market, vacation rentals are becoming more and more common. Websites like Airbnb, VRBO, and Booking.com have made vacation homes a viable option when looking for housing for a vacation, weekend getaway, or even for a business trip and have created a fast-growing vacation rental … [Read more...] about How We Manage and Monetize Vacation Rentals
Our Process: Why It Pays to Have An In-House Leasing Agent
As a full-service property management company, we handle every aspect of our owners’ properties. That means one of our biggest responsibilities is to fill vacancies. Whether a tenant leaves a property or an owner brings us a vacant property, it is in our best interest to fill vacancies as quickly as … [Read more...] about Our Process: Why It Pays to Have An In-House Leasing Agent
Our Process: How We Handle Rent Increases
If you want to get the most out of your investment property as a landlord in the Greater Boston area, you need to be increasing your rent each year to account for inflation, increased maintenance costs, real estate taxes, insurance, utilities, and rising property values. But figuring out how much to … [Read more...] about Our Process: How We Handle Rent Increases
Our Process: How We Handle Maintenance Requests
As a landlord, maintenance requests from your tenants can be frustrating, time-intensive, and expensive to deal with. Worst of all, they seem to happen at the most inconvenient times—and often need to be dealt with immediately. It’s one of the most common reasons why many landlords will hire a … [Read more...] about Our Process: How We Handle Maintenance Requests
Our Process: How We’re Cleaning Properties During COVID
As the coronavirus continues to affect our daily lives, we’ve all had to make major changes. For all of us at Mergo, that means working from home as much as possible, conducting video tours of properties, and working with our tenants who have been financially affected by this crisis. But as June … [Read more...] about Our Process: How We’re Cleaning Properties During COVID