Setting the right price for your rental property is a massive part of running a successful rental business. However, it’s not as easy as it sounds. Pricing a rental property fairly takes time, research, and resources. After all, you don’t want to miss out on profits by either setting your rent too low or too […]
Author Archives: Madison McCracken
14
Apr
Apr
Owning a rental property with a pool can pose several perks for landlords and tenants. Pools can add value to your rental home, attract higher-paying tenants, and create a fun environment for families. On the other hand, renting with a pool requires extra maintenance and can increase the chances of liabilities. If you’re considering renting […]
13
Apr
Apr
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 incredible team members and how they each contribute something special to our property management company. […]
12
Apr
Apr
Are you a frustrated tenant or landlord wondering what government officials can do to help the ongoing housing crisis? Luckily, some officials are stepping up and making changes. Recently, Baltimore Mayor Brandon M. Scott has announced that he’s directing $100 million towards neighborhood revitalization, tenant protections, and affordable housing in Baltimore. However, where is this […]
11
Apr
Apr
Every landlord aims to secure quality tenants to occupy their rental properties. However, that’s not always the case. In fact, there are a few scenarios that can put a huge roadblock in finding new tenants. One of the worst-case scenarios is discovering squatters in a rental home. A squatter could be a tenant who refused […]
07
Apr
Apr
While maintenance is not an ideal task for landlords and tenants, it’s necessary for all multi-family properties. That said, property maintenance doesn’t just mean cleaning the property every once in a while, there’s more to it than that. Multi-family property maintenance includes ensuring each rental unit is safe and in working order. Let’s go over […]
06
Apr
Apr
For landlords, keeping good tenants in your rental properties is the ultimate goal. However, it’s hard to know whether your tenant will be good or bad without a tenant screening process. Tenant screening can help you distinguish the quality tenants from the terrible tenants. However, many landlords aren’t sure what questions to ask or how […]
05
Apr
Apr
When a lease is about to end, landlords have a decision to make–find a new tenant or renew the lease agreement. Depending on the situation, the answer may be apparent. After all, finding new tenants can sometimes be difficult, and no landlord wants to deal with vacancies. However, if your current tenant isn’t the best […]
04
Apr
Apr
The goal of any rental property is to keep it occupied by high-quality tenants. One way to ensure you have no vacancies in your rentals is by marketing them correctly. When you use social media marketing to spread the word about your rental, more people will see it, and you’ll find leads much quicker. Let’s […]
01
Apr
Apr
People looking for new places to live right now know just how poor the housing market is. Rent is high, home prices are high, and the supply of homes and rental properties is relatively low. This leaves many renters wondering–will rental rates go down soon? The affordable housing crisis is affecting many people across the […]