Real estate is a complex, exciting, and potentially profitable industry. Whether you are a real estate agent, investor, or buyer, understanding the market is key to your success. Join us below as we review some key figures and real estate facts impacting the 2021 market, along with some interesting real estate facts you may not […]
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 […]
23
Feb
Feb
Discovering that an unauthorized person is living in your rental property is a very stressful situation. As a landlord, it is your duty to protect the property and ensure that only authorized and vetted individuals live in the unit. Unfortunately, despite having a rock-solid lease agreement, there may be times when a tenant’s guest(s) overstay […]
22
Feb
Feb
As low mortgage rates continue across the United States, many investors wonder if now is the time to invest in a real estate venture. Rental properties are a great source of passive income while contributing to long-term wealth. Also, thanks to technology and professional property management companies, owners do not need to reside just down […]
19
Feb
Feb
If a picture is worth a thousand words, then photos are invaluable to rental property advertising. Images are the first thing a prospective renter sees, and landlords need those photos to make a lasting impression. That said, make sure that lasting impression is for all the right reasons! Dull, cluttered, blurry, or dark photos only […]
18
Feb
Feb
Across the nation, more and more neighborhoods are bouncing back from the pandemic woes of 2020. However, precautions are still needed to keep everyone safe. As a landlord, showing properties is challenging while trying to adhere to social distancing and sanitation requirements. That said, there are many showing alternatives that landlords can utilize to still […]
17
Feb
Feb
Investing your hard-earned money in any venture takes planning and a calculated amount of risk. However, with risk comes reward, and real estate investment can prove profitable for investors willing to do their homework. Seasoned investors know that the formulas for rental home investment, along with the right people on your side, are the recipe […]
16
Feb
Feb
Disputes over a tenant’s security deposit can cause stress and even court battles for property owners. That said, handling a security deposit is not as simple as collecting the amount you want and keeping it to cover any repairs at the end of the lease. Instead, careful preparation, a legal lease, and knowledge of the […]
15
Feb
Feb
The new year is in full swing, and predictions are flying as to how the 2021 real estate market will turn out. After 2020, many are looking forward to what will hopefully be a better and more fruitful opportunity for investors and those looking to buy or sell a home. So, who will come out […]
12
Feb
Feb
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 contribute something special to our property management company. Therefore, […]