Renting your home includes a lot of time and responsibility. From tenant screening to collecting monthly rent payments and everything in between, it is easy for a landlord to neglect a significant part of the rental home: large appliances. However, it’s crucial to prioritize large appliance care if you want to save money and ensure […]
Author Archives: Bay Property Management Group
24
Jul
Jul
Laws concerning rental homes are established to protect both the landlord and tenant involved in the lease agreement. While landlords want to make a profit and wish to keep their investment properties safe, tenants want their rights to be respected. As such, compliance with federal, state, and local regulations of rental housing is crucial for […]
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 […]
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 […]
30
Jun
Jun
Being an out-of-town landlord presents a unique set of challenges. For instance, not only do you have to handle typical landlord tasks like performing inspections, responding to emergencies, and screening tenants properly – you have to do it all without the ability to travel to your property as needed easily. But don’t let that stop […]
27
Jun
Jun
Customer service is one of the most important aspects of running any business. If customers do not feel their needs have been addressed or their concerns heard after a service or sale, the business will not likely see returning customers. Similarly, if customers cannot quickly access solutions to problems or concerns, they will likely grow […]
23
Jun
Jun
The average rental rates continue to rise nationwide, and the percentage of people living with someone other than their spouse or partner also continues to increase. As such, it is important for property owners to understand what it means to lease their rental property to roommates. Today, we will discuss five crucial things landlords should […]
13
Jun
Jun
At Bay Management Group, we know that an unoccupied rental property, in the best-case scenario, is a wasted opportunity. In most cases, however, it’s a money pit that swallows your mortgage payments with no return on investment. That’s why it is important that you find a tenant as fast as possible to start profiting from […]
22
May
May
If you own a rental property in Philly, you might know that over a quarter of your state’s population is comprised of millennials. As such, marketing your vacant rental properties specifically to millennials should be a priority. Today, we’ll go over why you should market your Philly rental to millennials and how to highlight your rental’s best features. […]
16
May
May
As a landlord, it’s easy to worry about a crime occurring at your property, especially if you own a property in an area where crime is common (like the Brooklyn Park area of Anne Arundel County). Not only could your tenants feel unsafe or become injured if you fail to prevent crime – your property […]