At Bay Management Group, our mission is to deliver exceptional property management services while cultivating an environment that fosters growth and success for our team members. In this month’s Employee Spotlight, we’re thrilled to introduce Kristin Blondeau, Property Manager for our Laurel, MD office. Kristin brings her diverse background and dedication to our team, ensuring […]
18
Sep
Sep
When investors get into real estate, the plan is always to make a profit. Still, countless ones find themselves unsure how to determine if a property is genuinely worth the price. You don’t want to overpay for a home that barely covers expenses. And just as concerning, you don’t want to overlook one that could […]
17
Sep
Sep
When running a rental business, you can’t rely on gut feelings —they can easily lead you astray. What you really need is assurance that your tenant can pay rent on time and take good care of your property. One way to measure this is by looking at the resident score. So, what is a resident […]
16
Sep
Sep
Finding the right investment property isn’t always about chasing the hottest listings. Sometimes, the best opportunities are hidden in places that many overlook. One of those opportunities? REO real estate. These homes are ones a bank owns when they don’t sell after a foreclosure–many times below market value. These properties have become a consistent part […]
15
Sep
Sep
There are many ways to invest in real estate. Some investors prefer to be hands-on, while others are comfortable letting professionals handle the work. They would rather leave that to professionals who can scout deals, manage buildings, and handle financing. For those with higher capital who are willing to accept a bit more risk, private […]
12
Sep
Sep
In real estate, it’s easy to get lost in all the numbers. But at the end of the day, most investors care about one thing: How much money am I making on the cash I put in? That’s exactly what cash on cash return tells you. It’s a clear, no-frills metric that shows whether your […]
11
Sep
Sep
Running a rental in Philadelphia isn’t as simple as handing over the keys—you need the right paperwork first. One of the biggest requirements is a rental license. If you’re wondering how to get a Philadelphia rental license (formerly known as a housing inspection license), the good news is the process comes down to just a […]
10
Sep
Sep
When it comes to real estate investing, numbers speak volumes. Investors use different metrics to gauge performance. One of them is absorption rate. But what is absorption rate in real estate, and why does it matter? That’s the question many investors ask when evaluating a market. In essence, absorption rates in real estate measure how […]
09
Sep
Sep
It usually starts with something small. Maybe it’s a drip under the sink, a flicker in the light, or a loose gutter outside. Ignore it, and that little problem can turn into a repair bill you’d rather not see. That’s why landlords do quarterly inspections. But what is a quarterly inspection, exactly? It’s a check […]
08
Sep
Sep
Real estate investing comes with plenty of moving parts, but at the heart of it all is one big question: How much money is this property really making me? Gross yield provides the first answer to that question. But what is gross yield, and how does it work? It’s one of the simplest yet most […]