To sell or not to sell, that is the question. The COVID-19 pandemic has forced landlords to examine their investments in a whole new light. Lost rent, eviction moratoriums, and rent freezes have taken a toll on many property owners across the country. However, steadily low-interest rates combined with high demand and low supply […]
Author Archives: Alyssa Adams
14
Dec
Dec
All the tasks associated with managing investment property accounting can seem overwhelming, especially if a landlord lacks the proper foundation and processes needed. Unless you employ a CPA or professional property management company, tax time could prove to be a busy and stressful time. So, continue reading below as we outline tips to prepare for […]
14
Dec
Dec
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, […]
11
Dec
Dec
Maryland is full of quaint towns, bustling cities, and the suburban countryside that attract renters to everything the Old Line State has to offer. The growing trend towards single-family homes provides investors a great opportunity to take advantage of low-interest rates and high demand. So, join us below as we track down the state’s best […]
10
Dec
Dec
A landlord can have the best rental property, but if no one knows it is available, it will never get rented. That is where effective and comprehensive rental property marketing comes in. For landlords, the list of operating expenses is a long one. However, devoting the funds toward a rental property marketing budget and strategy […]
07
Dec
Dec
A rental property lease is the most important document a landlord can have. The legal contract between a tenant and a landlord outlines expectations, costs, requirements, and usage rules for residents to occupy a rental property. That said, there are many variations to the lease terms, but there are two main types; annual leases and […]
04
Dec
Dec
For any business, online reviews play an important role in gaining and keeping clients. The rental property industry is no exception. Outlets such as Google, Angie’s List, and Yelp offer tenants a chance to post both positive and negative feedback for the world to see. Therefore, property managers must be diligent in responding to these […]
02
Dec
Dec
Financial hardship can strike anyone at any time. Especially in the continuing struggle surrounding COVID-19, many landlords may feel the strain of months of unpaid rent or stalled eviction proceedings. When you rely on rent payments to pay your mortgage, what is a landlord to do? Bankruptcy is a last resort, but it is essential […]
26
Nov
Nov
Throughout the course of any landlord-tenant relationship, there comes a time where written notice is required. These notices come in many forms and serve a variety of purposes. Regardless, it is a good idea for landlords to send these notices via certified mail with a return receipt to serve as verifiable proof. Below we take […]
25
Nov
Nov
The real estate market in 2021 is shaping up to be quite competitive for buyers and investors. However, that does not mean investors should shy away from taking advantage of near record-low rates while they last. That said, it does imply that you might have to get a little creative with where and what that […]