Owning successful rental properties requires finding tenants who pay rent on time. After all, consistently late rent payments can put a dent in your rental income, affecting your entire rental business. As such, it’s of utmost importance for landlords and property managers to find qualified tenants and have rent payment policies in place. However, unfortunately, […]
Monthly Archives: September 2023
14
Sep
Sep
Owning rental properties comes with a lot of responsibility. One of the most important tasks for landlords and property managers is keeping up with rental repairs and maintenance. However, if you don’t account for these expenses within your budget, they can put a major dent in your rental income. As such, it’s crucial to know […]
13
Sep
Sep
Living with a roommate can be a great way to save money and make friends while renting. When you have a roommate, you can split bills, share chores, and create new friendships. However, finding the right roommate is critical to a mutually beneficial living situation. In today’s video below, we’ll go over when to find […]
12
Sep
Sep
Would you rather deal with a prolonged vacancy or an eviction? If you are an experienced landlord, you know the answer. Finding the right tenant for your rental property can take time and effort. After all, you want to avoid long periods of vacancy, but you also want to avoid going through the eviction process. Today, […]
11
Sep
Sep
Investing in real estate is no easy task. Many may underestimate the time, money, and research needed to make a successful and profitable real estate investment. After all, you’ll want to find the right areas to invest in, choose the right property type, and take crucial steps to ensure your investment will flourish. To find […]
08
Sep
Sep
Landlords must create various policies and guidelines to maintain a safe and habitable property for all tenants. This can include everything from inspections and maintenance to applicant screening and beyond. One crucial factor for landlords to establish in their properties is rental occupancy standards. For landlords, most processes rely heavily on black and white laws […]
07
Sep
Sep
Finding a good tenant is only half of a landlord’s job. The other half is managing the property with the tenant in it, which can be a demanding task. To make it a bit easier, many property managers create a “tenant manual.” Even though the rental contract outlines most of the tenants’ responsibilities, a tenant […]
06
Sep
Sep
Finding affordable housing can be challenging, especially if you’re looking for a rental. Combining a high rental rate with utilities and other living expenses becomes problematic and even unrealistic for many people. In fact, the costs associated with renting are the reason many people seek out rent-controlled housing. Today, we will review the importance of […]
05
Sep
Sep
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. […]
04
Sep
Sep
As a landlord, securing responsible and paying tenants is the ultimate goal. However, there are a few things along the way that can derail those plans. For example, if the property has been vacant for a while and someone decides to move in illegally. Furthermore, a tenant could choose not to leave after their lease […]