Moving out of your parent’s place is a big step towards adulthood. But how old do you have to be to rent an apartment? While most people would automatically say 18 years old – this isn’t always the case. As first-time renters, you should understand that there are limitations when it comes to rental leases […]
Monthly Archives: May 2024
30
May
May
Are you running out of ideas for your monthly newsletter? Unsure of what topics to cover? HOA board members and property managers use newsletters to share updates and important information with community members. However, there may be confusion about what to include and what not to include in the monthly HOA newsletter. Today, we’ll discuss […]
29
May
May
We get it–being a full-time landlord can be extremely busy and time-consuming. However, that doesn’t mean you can let important tasks slip. One of the most important parts of running a rental business is effectively marketing your properties. In the video below, we’ll review why real estate marketing is so important and offer some tips […]
27
May
May
In the United States, rent is usually due on the first day of the month. However, this isn’t the case for every rental property. In fact, landlords can select any day of the month for the rent to be due as long as it is listed in the lease. Knowing when rent is due can […]
24
May
May
Have you ever thought about how some investors seem to find those rental properties that just keep making money? Well, let me tell you that this isn’t a trick at all! It is about knowing what we call the “cap rate.” The cap rate, also known as the “Capitalization Rate,” is an important number for […]
23
May
May
Landlord insurance is one of those non-negotiable expenses of doing business. It’s, at best, a nuisance for many. So, the question on countless minds is: how can I save on landlord insurance? Luckily, it actually is possible to save money. It just requires some creative, yet simple strategies, like paying higher deductibles to reduce your […]
22
May
May
Updated 5/22/24 by Bay Property Management Group Buying a rental property takes careful consideration and a lot of research. It’s also a significant investment, meaning you must have the right capital or financing plan to purchase it. With such a large investment, it’s important to know what to look for in a rental property and […]
21
May
May
Are you trying to decide between investing in a single-family vs multi-family property? We understand that this choice is crucial. It’s not just about picking a property, but it’s about finding the right match for your money goals, your way of investing, and how you see your money growing in real estate. In this guide, […]
17
May
May
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. […]
15
May
May
Having one universal lease agreement satisfying every type of lease term possible would be great. However, in reality, every lease is different. So, while using a universal lease form is possible, it is important to note that whether you self-manage your rental property, or enlist the help of a property management company, there are going […]
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