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
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
Our Process: How We Find Great Tenants & Fill Vacancies
As an investment property owner, finding great tenants and filling vacancies is one of your top priorities. A vacant property will cause a huge dent in your investment while an unqualified or unsuitable tenant can cause damage, headache, and financial loss far into the future. This stuff can … [Read more...] about Our Process: How We Find Great Tenants & Fill Vacancies
How to know if you need a property manager
What will you do if your tenants don’t pay? How can you make sure your insurance policies and leases are up-to-date on current laws and protect you from potential lawsuits? How will you screen tenants and coordinate advertising, reference checks, key transfers, and walk-through … [Read more...] about How to know if you need a property manager
This is What’s Really Involved in Rental Property Management
What does a rental property manager actually do? We often talk about the different aspects of “rental property management” and “multifamily property management,” but we’ve never taken the time to clearly outline all of the responsibilities of a property manager in one place. Until now. If … [Read more...] about This is What’s Really Involved in Rental Property Management