Part of being a successful landlord is preparing for all necessary and unexpected rental property expenses. However, for new landlords or investors, this is easier said than done. When it comes to determining income and profits, there are plenty of helpful online ROI calculators. That said, estimating expenses involves many variables that landlords can easily […]
Author Archives: Alyssa Adams
20
May
May
Thriving seller’s markets continue across much of the US, leaving some landlords and homeowners wondering – is now the time to sell? As the COVID-19 pandemic fears continue to wane, many individuals are still experiencing personal and financial uncertainty. However, if you have any interest in selling, time is of the essence as the housing […]
18
May
May
Over 5.7 million people call The City of Brotherly Love their home. Therefore, it is no surprise that Philadelphia offers an eclectic urban feel popular with both young professionals and families alike. Yet, part of what makes this city great is accessibility. Moreover, whether you rely on car transportation or public transit options, many of […]
13
May
May
Avoiding vacancy and retaining tenants in a competitive market is sometimes an uphill battle. Although moving is expensive, it is not always enough to deter tenants from leaving for a perceived better deal. Many multi-family rental owners are familiar with the term “rental concession” as a tool to make their property stand out from the […]
11
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 contribute something special to our property management company. Therefore, […]
10
May
May
Anyone who has lived in some of the larger cities across the US understands that affordable housing is not always easy to find. It may surprise some landlords and tenants that over 180 cities in the US enforce some type of rent control or rent stabilization. One of these locations is the nation’s capital, Washington […]
07
May
May
A booming sellers’ market combined with an uncertain future for the rental industry has many owners questioning if now is the time to sell. Smaller landlords have been hit hard by the financial impact of the COVID-19 pandemic and subsequent eviction bans. As that ban now stretches to the end of June (maybe further), what […]
06
May
May
It may come as a surprise to investors but owning and managing vacation rentals is not the same as traditional real estate. That said, the rapidly expanding short-term rental industry continues to provide opportunities for new and seasoned investors alike. However, to be successful, a keen eye for the right location is vital. Additionally, owning […]
04
May
May
The use of lead-based paint in residential housing has been illegal since 1978. Then, in 1992, federal and state governments created laws that aim to protect tenants against the potential health risks of lead paint. This is known as The Residential Lead-Based Paint Hazard Act. That said, enacting lead paint laws does not mean it […]
03
May
May
The moratorium on evictions is now extended through June 30, 2021. Landlords are left to wonder, is there any end in sight? The answer is a complex and uncertain one. Since the CDC eviction ban has already been extended multiple times, what can a landlord do? According to Moody Analytics, an estimated 7 million households […]