To sell or rent – that is the question. However, the answer is not a simple one. Owning rental properties can be a lucrative long-term investment and provide a steady source of monthly income. That said, many areas across the country are experiencing a strong sellers’ market, leaving owners wondering if they should cash in […]
Monthly Archives: July 2023
17
Jul
Jul
Many of us love our families very much and want nothing but the best for them. However, mixing business with family can open up the possibility of some precarious situations. Thus, while some may try to convince you otherwise, keeping family out of your investment opportunities is often best. Today, we’ll discuss a few reasons […]
14
Jul
Jul
If your kitchen doesn’t give you the impression of being “the castle,” it may be time for a renovation. Kitchen renovations are an excellent way to add some flare to your home and increase its value. Whether you’re planning to sell your house or just feel it’s time to give your kitchen a mere facelift and […]
13
Jul
Jul
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 each contribute something special to our property management company. […]
12
Jul
Jul
Landlords or property managers run various checks on prospective renters during the tenant screening process. Aside from speaking to references and performing background checks, analyzing a tenant’s credit report is important. After all, a credit check can reveal a prospective tenant’s likelihood to pay rent on time each month. However, a good credit score doesn’t […]
11
Jul
Jul
Terrible tenants can make your job as a landlord tough. Some of them pay rent late every month, while others are careless and damage your property. Most property owners face the hassle of dealing with difficult tenants at some point, and it is not easy. Fortunately, we have put together a list of types of […]
10
Jul
Jul
When it comes time to upgrade your rental property in Baltimore, there are many options. Some should be standard each time you’re ready to bring new renters in, while others are added amenities you may not consider immediately. Installing new carpet, painting the walls, ensuring the shutters are in working order, landscaping the outside, and […]
07
Jul
Jul
Any landlord or property owner knows that one of the most expensive parts of a rental business is tenant turnover. Therefore, finding ways to increase tenant retention is one of the most important things a landlord can do. That said, while finding a great tenant takes work, keeping them around requires just as much, if […]
06
Jul
Jul
Whether renting an apartment or moving into a new neighborhood, establishing a good relationship with your neighbors can help you feel more a part of the community. Luckily, connecting with your neighbors doesn’t have to be complicated. In today’s post, we’ll review what makes a good neighbor and seven strategies for establishing good relationships with […]
05
Jul
Jul
Summer is approaching quickly, which means peak rental season is upon us. Now’s a popular time for tenants to look for their next home and rental owners to maximize their profits. However, you can easily miss the opportunity without a strategic plan for marketing your properties. So, today we’ve outlined how to prepare for peak […]