At Bay 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. Therefore, […]
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Jan
Jan
In the previous two segments, we focused primarily on the financial aspects of choosing a good tenant, including income verification and analyzing credit histories. Today we’ll be looking into the more personal aspects of your prospective tenants: background checks and rental verifications. Both of these activities are meant to help you exclude anyone who might […]
29
Jan
Jan
Some people prefer the hustle and bustle of the city. For them, the exciting buzz and continuous activity are inspiring and feel like home. For others, however, there is a distinct longing for fresh air, open spaces, and plenty of nature to enjoy. These open-space loving people can include everyone from retirees looking to slow […]
29
Jan
Jan
Here at Bay Management Group, we work with many clients, who have decided to turn their home into a rental property, and there are many reasons for doing so. Some clients inherit a home from a family member, and selling is just not an option. While others have had their property on the market for […]
29
Jan
Jan
Owning rental properties often involves challenges that go beyond those of simply owning a home. Other people are living in that property, and damages are likely to be beyond your control. As a landlord, you are responsible for seeing that all maintenance requirements and repairs are resolved fully and promptly. There will be some basic […]
29
Jan
Jan
Every landlord has their fair share of terrible tenant stories, and unfortunately, there will always be a few bad ones. However, tenants causing damage is rarely a result of their rowdy behavior or outright disregard for your property. The truth of the matter is that damage is usually caused by tenants’ ignorance of what exactly […]
18
Jan
Jan
The simplest answer is that self-showing technology allows showing rental property to prospective tenants to tour a property on their own and at their own convenience. Until recently, the only option available to prospective tenants was to schedule a tour with a leasing agent. This often involves a lot of back and forth between the […]
17
Jan
Jan
Most renters have had their security deposit deducted, even when they are positive that they have done everything their landlord required. A recent Rent.com survey explains that one out of four renters failed to have their security deposit returned when they fully expected to. You may wonder how this happens and how it can be […]
17
Jan
Jan
Investing in rental properties near Washington D.C. allows for tax advantages that other investments don’t. One such benefit that landlords can take advantage of when income taxes come due is the ability to deduct expenses related to your rental property and rental income. As a real estate investor who rents property to others, a landlord […]
15
Jan
Jan
Protect yourself from landlord lawsuits in York, PA. Your rental agreements are just that, legally binding contractual “agreements” between two consenting parties, the landlord and tenant. It is with this understanding that landlords should be aware that while there are many laws protecting the rights of property owners against broken lease provisions done on behalf […]