At Bay Property Management Group, we are Baltimore 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 […]
Monthly Archives: November 2024
28
Nov
Nov
It’s essential for both homeowners and board members to know their legal rights and responsibilities as members of an HOA. Awareness of these bylaws and governing documents helps provide solid references when dealing with potential legal issues. Today, we’re reviewing some common HOA legal violations and what to do if your rights are violated. To […]
27
Nov
Nov
As a property management company, we understand that things come up. Whether your family is growing or you must relocate for work, you may have to break your lease early. While this is not ideal for landlords or property managers, you can do a few things to make the process easier. For instance, you can […]
26
Nov
Nov
Entering into a lease is always a time to take a pause and think about what you are doing. Ultimately, it is a contract. Anytime you enter into a contract, it can be helpful to know just what exactly you are signing and what the terms are for what you are signing. Many people might […]
25
Nov
Nov
There are so many types of leases. It can really get dizzying just trying to understand them all. People throw around these terms as if everyone knows exactly what they mean. Examples of these are gross lease vs. net lease vs. triple net lease, which all sound very technical and full of jargon. For someone […]
22
Nov
Nov
There are terms thrown about all the time when it comes to real estate investing. And oftentimes they are just letters, i.e. acronyms. ABR… CRE… FHA. One such acronym is SFR. What is SFR in real estate? It stands for single-family rentals. But what does that mean, and why do real estate professionals use it? […]
21
Nov
Nov
Multifamily investing is a popular real estate investment option for many. In fact, multifamily units account for around a quarter of the U.S. footprint with more than $5 trillion dollars in asset value. There is a lot of multifamily investing going on and many people are taking advantage. If you are considering such an investment, […]
20
Nov
Nov
There is a big demographic that many people come across when renting housing: college students. In some areas, that demo can be quite large. It is a sizable number of people who generally don’t have the funds to purchase housing, and probably wouldn’t since they may not live in that area for more than a […]
19
Nov
Nov
Everyday someone is moving into a community that has an organization overseeing various aspects of the neighborhood. And they come with letters. Sometimes it is an HOA. Other times it is a POA or COA. So what are all of these? What is the difference between an HOA vs. POA vs. COA… and how does […]
18
Nov
Nov
There are all kinds of reasons why someone would need to break their lease. Life gets in the way, right? It is a super big problem when the scenario arises. If you find yourself in that situation, one of the first questions you might ask yourself is: what are my options? How can you break […]