“Intellectuals solve problems – geniuses avoid them.” Albert Einstein Avoid Tenant Problems from the Start by Following These Important Tips: When dealing with tenants in long-term rental properties, the quote above offers some wise advice. Your ability as a landlord to avoid potential problems before they start can save you vast amounts of trouble […]
Bay Property Management Group Philadelphia Comes Together With MM Partners, LLC to Manage Multiple Sought After Properties in Historic Philadelphia. APRIL 17, 2018 Renters in Philadelphia have a lot to be excited about as two prominent real estate groups are now working together to manage these historic properties, three of which promise high quality housing at […]
Have you ever had to deal with nightmare tenants? You know the ones. They don’t pay their rent. They disrupt the peace and quiet of your property and provoke claims from other tenants. They cause expensive damage. Nightmare tenants harm the profitability of your properties. They hurt your reputation as a property manager. The best […]
With the start to every new year comes the promise of New Year’s resolutions. One of the most common New Year’s resolutions is to make a smart financial investment. When looking to make a smart investment, a common place that people turn to is real estate – as it is a reliable and time-tested way […]
As a rental property owner, it is your job to find ways to screen for the right kind of tenants to lease your Bel Air property. This is especially true if you want to become a successful landlord. While screening, you might look for high quality tenants with good paying jobs, that have the ability […]
Becoming a successful landlord takes time, money, and patience. But most of all, it takes knowledge and experience to build a successful Maryland rental property business. Here at Bay Management Group, we have what it takes to make it in the rental property industry – years of experience and a knowledgeable staff, complete with Maryland […]
Self-managing your Laurel rental property may sound like a good idea initially. However, what you may not realize when you get into the rental property business is how much work is involved, and how much money needs to go into properly managing every aspect of your tenant’s stay in your investment property. Not understanding the […]
Keeping your tenants happy is the best way to continue collecting a consistent stream of rental income, prevent an unnecessary vacancy, and of course, build your Owings Mills rental property business into one that is reputable and successful. That said, how you keep your tenants happy can be challenging at times. There are so many […]
The way you structure your lease agreement is going to set the tone for the entire term of your Potomac tenants’ stay. In fact, the lease is often considered the crux of your entire rental property business. However, drafting your own lease agreement from scratch can be challenging if you self-manage your rental properties and […]
Conducting routine inspections of your rental property is an excellent way to ensure your property is well-maintained. Plus, it offers you a chance to address minor maintenance and repair issues before they become bigger, which helps keep tenants satisfied. However, knowing when to schedule rental property inspections is essential. After all, you want to ensure […]