The vacation rental industry has grown over the past few years, with an increasing number of homeowners and investors getting into property management. It’s proved to be a popular way to generate an income. The lure of earning extra cash is certainly appealing, but as a vacation rental manager, you’re not going to have it […]
Monthly Archives: October 2021
For over a decade, Bay Property Management Group has helped owners achieve their rental investment goals through comprehensive third-party representation. What began as a small firm specializing in single-family rentals has quickly expanded. Today, BMG serves clients across Maryland, Southern Pennsylvania, Washington DC, and Northern Virginia. With over 5,300 units under management, BMG could not […]
Property managers wear many hats throughout completing daily tasks. Property owners may not realize just how much property management and property maintenance go hand in hand. However, arguably a property manager’s most important role is to coordinate and complete necessary maintenance to the home. In addition, rental maintenance is directly linked to tenant satisfaction and […]
The COVID pandemic has changed many things in the rental industry. However, landlords must have comprehensive and fair rental screening policies that remain consistent. That said, many renters had their income interrupted or even faced eviction due to the pandemic. So, how should future landlords view these circumstances? The trouble is, without thorough screening, landlords […]
.. 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 incredible team members. Thus, each contributes something special to our property management company. Therefore, […]
For already cash-strapped tenants, paying thousands of dollars in an upfront security deposit becomes a barrier to necessary housing. According to Paraag Sarva, CEO, and co-founder of Rhino, residential security deposits total $40 billion in just the U.S. market. But is there any alternative when a security deposit is vital to protecting the landlord and […]
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