Homeowners Associations (HOAs) play a large role in creating and maintaining a welcoming and fulfilling environment for their communities. That said, it takes a dedicated team of professionals and resources to make that happen. One of the most crucial responsibilities of an HOA, which is often overlooked, is budgeting. Today, we’ll review the importance of […]
Understanding and protecting tenant rights is a huge part of owning and managing rental properties. However, laws that regulate rentals or address tenant rights can vary widely across the United States. As a result, depending on the city or state, you may find policies that heavily favor the landlord or tenant, but rarely is it […]
If you’re looking to finance a fixer-upper, there are several loan options to consider. For instance, you could take out a traditional mortgage for the home and fund the renovations yourself, use a hard money loan, or explore an FHA 203(k) loan. Many fixer-upper homebuyers choose the Federal Housing Administration’s 203(k) loan to combine the […]
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 to our Baltimore property management company. Therefore, […]
Anyone with a business wants to get more eyes on their website to increase brand awareness, generate leads, and gain more customers. That said, search engine optimization is an excellent way to increase visibility and drive more traffic to your website, whether you’re a rental property owner, property manager, or real estate agent. Today, we’ll […]
Listing and advertising rental properties is a massive part of being a landlord or property manager. After all, you want as many eyes on your property as possible to try to reduce vacancy times and attract new tenants quickly. However, it’s essential to create a detailed and compelling rental property listing that accurately describes your […]
Owning rental properties can be a lucrative business plan if managed correctly. After all, being a landlord is no simple task. A ton of time, money, and effort goes into investing in rental properties and remaining successful. However, if you’re a new investor, it can be challenging to recognize the red flags of an investment […]
Water and energy conservation are at the forefront of many peoples’ minds. As the cost of energy continues to rise, major droughts are also becoming a real threat in regions all across the country. Thus, as the number of people wanting to become environmentally friendly with their daily activities increases, it is important as a rental property […]
Being a landlord seems easy from the outside looking in. All you have to do is buy properties and find tenants to live in them, right? Unfortunately, no. Much more goes into it, including time, money, management skills, and more. Landlords have several expenses to consider aside from the price of buying investment properties. Today, […]
In the competitive field of residential property management, the adage “first impressions last” isn’t just a saying—it’s a business reality. The importance of maintaining a clean and welcoming environment cannot be overstated. For property managers and facility maintenance professionals, investing in industrial cleaning is not merely a matter of aesthetics—it’s a strategic business choice that […]