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. […]
Author Archives: Bay Property Management Group
18
Feb
Feb
Owning property in Washington, DC, is a great investment, but it also comes with big responsibilities—like property taxes. If you’re a real estate investor, it’s critical that you understand how these taxes work. Knowing their functions can help you can plan ahead, sidestep surprise costs, and potentially even find ways to save. So, what is […]
06
Jan
Jan
Are you considering renting out your first home and buying a second one to live in? Whether you’re downsizing, relocating, or need more space for your growing family, turning your first home into a rental can be a smart move. Buying a second home while renting out the first has been a popular option for […]
14
Nov
Nov
Owning one or more rental properties can be a great way to make a living for you and your family. However, when you own a rental property, you must be prepared to make repairs and tend to maintenance requests to ensure a safe and habitable home for tenants. Working with licensed contractors is vital if […]
07
Nov
Nov
Requesting, reviewing, and contacting references is a crucial step in the tenant screening process. In the past, we have discussed how to do just that, along with some tips for how to double-check and ensure a potential tenant’s references are even real. However, while getting an outside perspective of a tenant can be helpful, it’s […]
04
Nov
Nov
The rental market is competitive, so offering a stylish and modern rental is key to your success. Even occupied properties can benefit from some simple upgrades to boost appeal and value. But just because you hear the word upgrades does not automatically have to mean costly. A careful selection of durable materials and mindful changes […]
28
Oct
Oct
Deciding which rental property to invest in takes a lot of consideration. The purchase price, location, nearby amenities, and curb appeal are just some of the things to think about. But have you ever considered buying a fixer-upper rental property? People love to buy fixer-upper rental properties, and there are plenty of advantages to doing […]
21
Oct
Oct
Thorough tenant screening of all prospective tenants is critical to the success of your rental property business. If you place the wrong tenant in your property, you could face enormous financial loss, damage, and even the collapse of your rental property business altogether. Today, we’re reviewing six red flags to look for in the tenant […]
16
Oct
Oct
As a rental property owner, you must establish a strong relationship with your tenants. There are many benefits to this, including your tenant staying a long period of time, thus saving you the time and energy of having to look for a new tenant regularly. However, there is a fine line between having a strong […]
11
Oct
Oct
One way to keep your Prince George County tenants happy is to be proactive about creating the lease agreement. Answering all the potential questions a tenant may have in the agreement itself and before the tenant asks will help you avoid possible trouble in the future. After all, you want to ensure your tenants have […]