You want to start investing in a rental property, but you don’t have enough funds to start. One great way to start your real estate investment is to use other people’s money and this is what we formally refer to as a rental property loan. In this guide, we’re going to walk you through the 11 […]
05
Jun
Jun
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 […]
04
Jun
Jun
If you just secured your first rental property, congratulations! Not everyone’s up for the challenge of being a landlord, you know. Now, maybe you start to encounter the question “How can I manage my rental property effectively?” In this guide, we’ll help you learn how to take care of your rental property in the best […]
31
May
May
Moving out of your parent’s place is a big step towards adulthood. But how old do you have to be to rent an apartment? While most people would automatically say 18 years old – this isn’t always the case. As first-time renters, you should understand that there are limitations when it comes to rental leases […]
30
May
May
Are you running out of ideas for your monthly newsletter? Unsure of what topics to cover? HOA board members and property managers use newsletters to share updates and important information with community members. However, there may be confusion about what to include and what not to include in the monthly HOA newsletter. Today, we’ll discuss […]
29
May
May
We get it–being a full-time landlord can be extremely busy and time-consuming. However, that doesn’t mean you can let important tasks slip. One of the most important parts of running a rental business is effectively marketing your properties. In the video below, we’ll review why real estate marketing is so important and offer some tips […]
27
May
May
In the United States, rent is usually due on the first day of the month. However, this isn’t the case for every rental property. In fact, landlords can select any day of the month for the rent to be due as long as it is listed in the lease. Knowing when rent is due can […]
24
May
May
Have you ever thought about how some investors seem to find those rental properties that just keep making money? Well, let me tell you that this isn’t a trick at all! It is about knowing what we call the “cap rate.” The cap rate, also known as the “Capitalization Rate,” is an important number for […]
23
May
May
Landlord insurance is one of those non-negotiable expenses of doing business. It’s, at best, a nuisance for many. So, the question on countless minds is: how can I save on landlord insurance? Luckily, it actually is possible to save money. It just requires some creative, yet simple strategies, like paying higher deductibles to reduce your […]
22
May
May
Updated 5/22/24 by Bay Property Management Group Buying a rental property takes careful consideration and a lot of research. It’s also a significant investment, meaning you must have the right capital or financing plan to purchase it. With such a large investment, it’s important to know what to look for in a rental property and […]