Owning a rental property often means wearing many hats—landlord, accountant, and sometimes even handyman. So, you figure, you might as well benefit from all that hard work. So, if you’re taking care of repairs yourself, can you deduct the cost of your own labor on a rental property? It’s a fair question, especially with taxes […]
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Feb
Feb
Moving out of a rental can be a bit overwhelming, especially if you’re not sure what to expect—or what it might end up costing you. From the final inspection to the cleaning requirements, there’s a lot to think about. But, at the end of the day, can a landlord charge a cleaning fee after you […]
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Feb
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There are many ways to assess the success of a rental property, but one of the most effective, tried-and-true ones is the rental yield. This tool helps investors determine how much income a property generates in relation to its cost. In turn, this offers a clear, succinct snapshot of a property’s profitability. In this article, we’ll […]
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Feb
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Imagine going through the long process of renting a place, only to find out your landlord has policies about who can visit. It’s a tricky situation. You want your freedom, but you also want to follow the rules. So, can a landlord tell you who can be at your house? And if they try, is […]
24
Feb
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With more landlords opening their doors to pet-friendly rentals, finding tenants has never been easier. Pet-friendly properties attract a larger pool of renters, helping you fill vacancies faster. But with the benefits come concerns—how do you manage potential noise issues and property damage caused by pets? That’s where pet screening comes in. But what is […]
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Feb
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At Bay Property Management Group, we are property management professionals focused on customer service. Furthermore, our goal is to make property ownership both a pleasurable and profitable experience for our clients. We know that our success is due to our awesome team members, and how they each contribute something special to our property management company. […]
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Feb
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What happens if someone gets hurt on your rental property? As a landlord, you need to be prepared. Whether it’s a slip, a fall, or another accident, knowing your legal responsibilities and recourses can help you avoid costly issues. Let’s get into how you can deal with this ordeal. Main Takeaways If someone gets hurt […]
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Feb
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When you moved into your apartment, you doubtlessly did a thorough walk-through to make sure everything was in good shape. You tested the appliances—the refrigerator, dishwasher, washer, dryer, and more. Everything worked perfectly. Fast forward to today, and your refrigerator has broken down, leaving your food to spoil. Now you’re wondering: How long does a […]
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Feb
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When people set up their monthly budget, rent is usually the #1 priority, followed by utilities. But sometimes, utility costs can pile up fast and throw off your entire budget. That’s why some landlords bundle certain utilities with the rent. This way, you don’t have to juggle multiple bills and can better plan out your […]
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Feb
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Owning property in Washington, DC, is a great investment, but it also comes with big responsibilities—like property taxes. If you’re a real estate investor, it’s critical that you understand how these taxes work. Knowing their functions can help you can plan ahead, sidestep surprise costs, and potentially even find ways to save. So, what is […]