Maintenance is a dreaded but necessary part of owning a rental property. That said, the best kind is always preventative maintenance. Whenever possible, being proactive in caring for major systems is the key to avoiding costly repairs down the road. Not only is routine maintenance essential for the preservation of your investment, but it also […]
Author Archives: Alyssa Adams
As more and more Baltimore residents receive the COVID-19 vaccine, the hope is that life may soon return to normal. That said, anyone involved in the rental industry will likely feel the pandemic’s effects long after it is gone. Many tenants in Baltimore City have lost hours or employment altogether, making it difficult to make […]
Even with the best of intentions entering a lease, life happens. Tenants may need to transfer or break a lease for various reasons, including military service or job relocation. However, regardless of the transfer reason, landlords must protect themselves and their interests. So, join us as we define the types of transfer clauses and, more […]
In the competitive rental market, setting your listing apart is crucial. One way to make a property stand out from the pack is with a fresh and stylish redo. However, not every decorating trend is the right fit for a rental property. The goal of a rental is to appeal to a wide audience and […]
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! They each contribute something special to our property management company. Therefore, we […]
When it comes to where to buy or where to rent, location is the number one factor. Knowing what location has the best rental value can aid in making a successful business decision for investors. The post-pandemic rise of the real estate market means it is a hot seller’s market across the US. So, where […]
New executive orders have landlords in Washington DC and across the country wondering when, or if, relief from non-paying tenants will ever come. Recently, the POTUS signed an order to extend the eviction moratorium on residential properties. Therefore, at least for now, the light at the end of the tunnel is a little further away. […]
Many landlords who may have otherwise pursued a tenant eviction have so far not been able to due to COVID-19. However, is there an end in sight? At least for now, the federal government has extended the eviction moratorium for residential properties. Understanding changing regulations and executive orders are tough for landlords. After all, there […]
Location is an important factor for real estate investors, and the ideal one has a large pool of renters. With that in mind, some locations across the US are better than others. Researching the homeownership rates in various cities helps investors see what percentage of the population is looking for rentals. Therefore, landlords can narrow […]
Buying Rental Properties, Owning a Rental Property in Virginia, Property Management, Property Management in Arlington, Property Management in Northern Virginia, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
A Complete Investor’s Guide to Real Estate Due Diligence
When embarking on any real estate investment transaction, due diligence plays a vital role. However, some landlords may find this to be a confusing and lengthy process. That said, these actions help determine whether or not a property will provide the necessary return to become profitable. Join us below as we review the meaning of […]