Property Management Archive

Ten worst mistakes a landlord can make

Owning rental property can be a rewarding part-time or full-time business for many families. It’s a tra­ditional way many American families have gotten ahead. We recommend it. We enjoy it. But watch out. If you don’t avoid the pitfalls, you can have some bad nightmares. What you don’t know can hurt you. Here are the [&hellip

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The new law – with important parts highlighted

Chapter 417 of the Acts of 2004 AN ACT AUTHORIZING WATER SUBMETERING IN RESIDENTIAL TENANCIES. Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows: SECTION 1. Subsection (4) of section 15B of chapter 186 of the General Laws, as appearing in the [&hellip

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Negative Impacts of Water Submetering Bill [H.5001] if enacted into law

BRIEF SUMMARY: Water submetering would transfer water bills from owners to tenants through proportional billing according to actual submetered water usage. Water conservation among the tenant population could reach 25% to 30% reduction in water usage – and save taxpayers the huge costs of new water and sewage treatment plants in the future – but [&hellip

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Governor signs water submetering bill – useless to small owners, and worse yet

Water submetering bill passes Useless for small owners Worse yet:  just-cause eviction & back-door rent control On December 16, Governor Mitt Romney signed the Water Submet-ering bill into law, over the strenuous objections of SPOA, which was excluded from drafting the bill. Backing the bill, however, were the Greater Boston Real Estate Board (GBREB) and the [&hellip

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New carbon monoxide detector law goes into effect

Legislative sponsors had touted the low cost of CO detectors to achieve passage of the new law, another argument that SPOA put forth that surely affected the final decision. The deadline for installing detectors is March 31, 2006, or if you promise to go hardwired, January 1, 2007. If you have not yet installed detectors, [&hellip

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