It’s hard to predict when a natural disaster may occur in a specific area. However, it’s best to stay prepared with the right resources and procedures if it does happen. As such, whether you’re a tenant or a rental owner, it’s crucial to stay prepared for several emergency situations that may arise. Read along as […]
10
Mar
Mar
Investors have several expenses to worry about while owning real estate. One of the most frustrating costs to account for is property taxes. Not only do they increase over time, but they never go away. The amount you owe depends on several factors, but there are ways to lower your property taxes if they’re too […]
09
Mar
Mar
Whether you’re buying real estate for your rental business or a new permanent residence, protecting your property is essential. However, what does it mean to protect your home? What kind of insurance do you need? Are home warranties worth it? In today’s article, we’ll go over the basics of home warranties, the difference between warranties […]
09
Mar
Mar
Have you ever wondered if 3D virtual tours are an effective strategy for your property management business? 3D virtual tours have certainly gained popularity in rental property management, including single-family properties. In 2020 Redfin reported that views of 3D virtual tours were up by 303%. When looking for a home, about 31.5 percent of respondents […]
08
Mar
Mar
Are you planning on investing in real estate? You may want to consider forming an LLC or real estate holding company. After all, buying rental properties comes with a few unique risks, and you’ll want to protect your business. In today’s blog, we’ll discuss what a real estate holding company is, who needs one, and […]
07
Mar
Mar
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. […]
03
Mar
Mar
One of the most common questions for landlords is, “how much should I charge for rent?” While this is a good question, there are several considerations property owners must first address to arrive at a rental fee. For instance, what are the neighbors like, and what does the property offer? Luckily, multiple tools, resources, and […]
01
Mar
Mar
If you’re looking for a simple way to decorate your apartment or rental home without breaking the bank, consider adding a few houseplants. Houseplants have several benefits, and they enhance almost any space. If you want to learn more about the benefits of houseplants, the characteristics to look for, and the most popular houseplants for […]
27
Feb
Feb
Living in a rental home can get quite pricey, especially as costs rise everywhere. That said, if you pay for utilities in your rental home, your monthly expenses may be even higher. Although you can’t do much about your monthly rent amount, you can take steps to lower your utility bills. So, read along to […]
24
Feb
Feb
Competition in the rental industry has many owners looking to improve their odds of attracting a quality renter. However, a full-scale renovation is costly, and not all improvements truly add value. In a market where profit margins are tight, to begin with, extensive renovations could be financially damaging in more ways than one. Thankfully, some […]