In order to sustain a long-lasting rental property that will create positive cash flow, you must maintain your property on a consistent basis. No matter how thoroughly you screen your tenants, what kind of background checks you perform, how timely their rent payments are, or how highly recommended they come from previous landlords, the truth is […]
Some landlords seem to have it all: they make a nice a chunk of money each month from their rental property investments, their tenants love them, and they’re able to take vacations without their business suffering. On the other hand, less successful landlords are often forced to deal with lots of stress, difficult tenants, the financial […]
Property Management, Property Management in Anne Arundel County, MD, Property Management in Howard County, MD, Property Management in Maryland, Property Management in Montgomery County, MD, Property Management in Prince George's County, MD
Celebrate the Expansion of Maryland’s Finest Property Management Company
Bay Management Group’s success as the leading force in the Maryland property management business is unprecedented. So much so they had to open a new office in order to better serve their clients! President Patrick Freeze is proud to announce the opening of their second location in Laurel, Maryland. This location was opened to better […]
As you move further into 2016, it is important you stay ahead of the rental trends that are emerging this year. Being as prepared as possible for any upcoming changes in the rental property business, especially in the Baltimore County area, is one way you will be able to turn an annual profit and hopefully […]
There are 78.6 million Americans that can be classified as millennials today. Making up a staggering 26.3 million American households, it is no wonder landlords are tapping into millennials’ desires to continue renting as opposed to becoming homeowners. Millennials have quickly become the nation’s largest generation, even outnumbering the Baby Boomers. And, despite it being 23% cheaper to […]
Many people decide to start a career as a self-employed landlord to avoid having to work for someone else and handle unwanted tasks. however, they quickly learn that unpleasant tasks can be an everyday part of being a landlord, no matter how much experience they have in renting properties. If that situation sounds all too […]
Many landlords get into the rental property business with the dream of securing passive income. Income to pay the bills, fund fancy vacations, and maybe even secure a long retirement, all without having to do any work. While passive income can become a reality for many involved in real estate, it is important to remember that […]
You’ve finally found the perfect rental property for your rapidly growing Howard County property management business, but maybe you have a few questions about the area you found it in. How safe is the neighborhood? What demographic will be attracted to living in this area? What should a landlord really know about the community? It’s time to […]
Have you ever considered the fact that owning a rental property may not be a safe investment, as you may have been told? If not, it is time you started. This is not to dissuade you from wanting to invest in rental properties. In fact, it is far from it. The important takeaway here is the […]
Being a successful Maryland landlord means learning how to make good business decisions that will power your career forward. Sometimes, that involves deciding which tenants should live in your property, picking properties based on how profitable they are likely to be, or finding a good mentor who can give you helpful advice when needed. […]