Awh, the first snow of the season. In won’t be long before we have our first serious snowfall. Use this checklist to get your home ready for the winter.
Get Ready for Winter
- By Jennifer Madden
- Posted
Awh, the first snow of the season. In won’t be long before we have our first serious snowfall. Use this checklist to get your home ready for the winter.
Property management begins with a management plan prepared by the property manager. The plan will outline the details of the owner’s objectives for the property as well as what the property manager expects to accomplish and how, including all cost considerations.
The plan will address rental rates, budgets, marketing and advertising the property, and maintenance. One of the most important responsibilities of a property manager is the supervision of property maintenance. You want a property manager who is going to care for your property as if it were his or her own.
Like the seasons of the year, your yard has distinct seasons of landscape maintenance.
Sometime during August, you’ll notice the beds need touch ups, the weeds creeping up, and the lawn succumbing to lack of rain.
It’s time for a summer spruce up.
Lawn
During the latter part of the summer, raise your mower blades ½ inch higher. Taller grass holds up to heat and drought better. And keep the clippings on the lawn to serve as a barrier.
If you are not under town restrictions, water the lawn in the morning giving it a good soaking. Deep and infrequent watering is better for lawns than frequent sprinkles, which promote shallow root growth. In general, lawns need about 1 inch of water per week. But save fertilizing until fall.
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Whether you are an investor just getting into real estate with a plan to expand your portfolio or a home owner with a vacation property along the New Hampshire or Maine coast line, at first glance, you might think you can self-manage your property. Don’t be fooled.
There are many challenges and barriers to consider. Attracting and screening tenants, chasing rent payments, and performing routine maintenance are all time-consuming and can be stressful.
After all, not everyone is built for a DIY self-management situation. It calls for a solid time commitment and an in-depth understanding of the market and rental laws to maximize your return on investment.
If you are not made for a self-manage approach, then you want to be sure to complete necessary due diligence to hire a qualified team to protect your investment
There are five things you’ll want to investigate about your potential property management group. Read more here.
To learn more about how our team can make your property a worry-free part of your financial portfolio, please email Property Manager, Anthony Sillitta at anthony@maddenre.com or visit www.maddenre.com
It’s never been a better time to buy. Interest rates are at an all-time low and real estate can be a great way to invest. Real estate investments have excellent return potential and will diversify your [...]