Throughout the rental industry, great tenants are worth their weight in gold. Whether it is paying on time, quickly reporting issues, or showing general respect for your property, these are the occupants you want to find and keep as a landlord. But as the rental housing market grows more and more competitive, keeping those great […]
Monthly Archives: October 2020
Rent increases are a sometimes confusing and controversial subject. However, increasing the rent is something every landlord will have to deal with sooner or later. Understanding how to handle rent increases, the amount to ask for, and when to raise rates is key to your success as a landlord. Follow along with us below as […]
For decades in Baltimore City, landlords and tenants have been aware of lead paint regulations and laws. However, there is another growing problem invading homes throughout the city, mold. If you own or manage rental homes in the Baltimore City area, mold growth can quickly become costly. Mold issues leave you with not only […]
Real estate is a profitable business for savvy investors in the know. That said, tackling the complicated purchasing process alone is not an excellent way to start. The help of a qualified realtor provides necessary legal and market information every investor can benefit from. So, how do you know if you are working with the […]
Calling all fans of a good fixer-upper! If you are looking to purchase a rental property that needs a little extra TLC and have noticed that the lenders become stricter with approvals, you are not alone. In addition to a large down payment, exceptional credit, and all of the other hoops you must pass […]
Learning how to retain your tenants, and encouraging them to sign lease renewals, is something all successful property owners do. In fact, learning this skill early on saves you time and money in the long run. When tenants renew, you eliminate the need to advertise a vacancy, screen for new tenants, draft a new […]
Rental homes are a blank slate. It is best for landlords to offer broad appeal with neutral tones and minimal personal touches to appeals to the masses. However, for the tenant moving in, how can they add their style without risking damage or loss of their security deposit? Thanks to modern materials, a cozy home […]
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 fantastic team members, and how they each contribute something special to our property management company. […]
The rental market is a competitive one, and therefore offering a stylish and modern rental is key to your success. Even occupied properties can benefit from some simple upgrades to boost appeal and value. But just because you hear the word upgrades does not automatically have to mean costly. Careful selection of durable materials along […]
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