Upon hearing the word depreciation, your mind might automatically go to the negative. However, for the savvy investor, depreciation signals opportunity! Rental property owners encounter many expenses throughout the year, chipping away at their bottom line. That said, not all expenses create a tangible impact on your cash balance. Depreciation is a paper loss that […]
Author Archives: Alyssa Adams
05
Nov
Nov
Every landlord knows a thorough screening process is key for success in the rental industry. As important as that is, it does not always protect you from unauthorized occupants. These unwelcome residents threaten the wellbeing of your investment property and create a huge issue for landlords. So, how do landlords determine who is a guest […]
04
Nov
Nov
Can a landlord limit the number of tenants in their rental? It is a question on many landlords’ minds—some worry about mitigating overcrowding, noise, utility usage, and potential wear and tear. In short, yes, there are limits to the number of occupants allowed in rental properties and it’s important to have a clear occupancy policy. […]
03
Nov
Nov
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. […]
02
Nov
Nov
Appealing to a wide variety of potential renters is key to the success of landlords. When considering a remodel or design change, it is important to realize that not everything that works in your own home is ideal for a rental. In fact, modern design trends can prove either profitable or a disaster in […]
30
Oct
Oct
A well-written lease is more than a contract; it is a landlord’s defense against disputes. That said, not all rental agreements are created equal. While you can include a multitude of various clauses to suit your particular property, some leasing clauses are universal. Take a look below as we outline the most important lease […]
29
Oct
Oct
The most important factor driving rental investment is the real estate market. Buyers and sellers alike wonder how COVID-19 will continue to affect the real estate market as we head into 2021. Are you looking to sell a rental property? Is now a good time to invest in real estate? Before deciding your next move, […]
27
Oct
Oct
Prince George’s County is in the heart of the exciting Washington DC metro area just minutes from Downtown. While COVID-19 has dampened many plans over the past several months, PG County still has some fun Fall activities and things to do. Take a look at attractions and events you can still take advantage of, […]
26
Oct
Oct
Real estate investing requires an understanding of the real estate market and the necessary capital. But for those with the ambition to make it happen, rental properties can prove profitable. If you are looking to purchase your first property or looking for ideas to maximize a current portfolio’s returns, check out the tips below. […]
22
Oct
Oct
Success in the rental industry depends on many factors, one of which is attracting great tenants. Adding to a rental property’s value through upgrades benefits both owners and tenants. So, how do you know which upgrades will produce the best return on investment? Join us below as we discuss the top upgrades that both […]