Playgrounds can be an excellent addition to an HOA community. However, it’s important to know how to maintain these areas to ensure resident safety and cleanliness and protect the park from weather damage. Today, we’re reviewing why HOA playground maintenance matters, when to conduct inspections, how to handle repairs, and different types of maintenance. Read […]
Many people experience hardships, and some cannot pay their rent on time each month, especially with today’s rental rates and cost of living. If this sounds like you, we understand that it can be difficult. However, rent relief options may be available to you. Today, we’re discussing common reasons tenants need help paying rent, how […]
All tenants have their own specific needs and wants for a rental property. Some want a property with a lot of space, some want a quiet community, and some want amenities that enhance their lifestyle, such as a pool or fitness center. It’s important for rental owners and property managers to understand what their tenants […]
Inspections are a crucial part of owning real estate. Regardless of your property type, you’ll want to get periodic inspections to ensure everything is running smoothly. That said, there are several different types of inspections, whether you’re looking at the roof, HVAC system, plumbing, or electrical work. Each aspect is important and necessary to ensure […]
Property maintenance is both the tenant’s and the landlord’s responsibility. Typically, tenants are responsible for the regular upkeep of their rental property, including changing light bulbs and keeping their yard trash-free. Landlords are usually responsible for more big-ticket maintenance, such as HVAC repairs, roof leaks, and electrical and structural issues. Keeping up with these tasks […]
If you have a family, you know how important their safety and well-being are. So, if you plan on moving, you’ll likely prioritize those things by finding a family-friendly neighborhood. Now, this can look different for everyone, but it typically consists of a safe area with good schools and plenty of family-friendly activities. Today, we’re […]
If you own a rental property, you know how crucial it is to receive on-time rent payments. However, you may get a tenant here or there that doesn’t pay on time–or at all. These situations are frustrating, but handling them the right way is important so you don’t face legal trouble as a landlord. Today, […]
Investing in real estate is a great way to generate money through rental income and property appreciation. That said, there are several different investment strategies to explore, whether you go after residential rental properties, commercial buildings, short-term rentals, or a fix-and-flip project. With that, each strategy required a different type of management and maintenance. Today, […]
Buying a rental property is a great way to earn passive income. However, knowing how to attract and keep good tenants is crucial if you want to keep your cash flow positive. One of the best ways to draw tenants in is by making periodic upgrades that keep your rental looking and feeling fresh. But […]
When it comes to investing money, many of us hesitate, whether talking about buying stock, starting a business, or purchasing a property. And it’s not surprising because big money and your time, effort, and sometimes personal liability are involved. At Bay Property Management Group, we are no experts in the stock market or joint ventures, […]