One of the most exciting times for landlords is when you have secured a tenant, and they are ready to move in! Now begins the process of completing the lease, collecting the security deposit, and obtaining the first month’s rent. However, if you are not lucky enough to have tenants move in on the first […]
Monthly Archives: February 2021
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
Property maintenance for landlords is seemingly endless. Along with purchasing and managing the property, landlords must learn how much to budget for the ongoing maintenance needs they are sure to encounter. In addition to emergency repairs, preventative maintenance plays a key role in the health of your investment property. So, join us below to learn […]
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