If you find that your tenant has a long-term guest or unofficial roommate, what can you do? If they’re honest about the situation and the new roommate isn’t causing harm to the property, you may add them to the current lease. Today, we’ll review how to add a tenant to an existing lease and why […]
Author Archives: Patrick Freeze
21
Feb
Feb
Some landlords own one or two properties and are able to manage them seamlessly without putting too much time and effort into it. They may even also have full-time jobs in which they put most of their focus. However, landlords with several rental properties may find focusing on anything besides property management challenging. In the […]
19
Feb
Feb
Buying houses to rent is a big decision for investors, especially if you’re new to rental property investing. There’s a lot to consider, like where you’re going to buy property, how you’ll finance the property, and how you’ll run your rental business. One aspect to consider is buying properties in HOA communities–which is becoming more […]
16
Feb
Feb
Tenant screening is one of the most critical steps in the rental process. Without a good tenant screening procedure, you can easily end up with unqualified tenants who can’t pay rent on time or leave your property damaged beyond repair. Unfortunately, evicting such tenants takes more time, money, and effort than it’s worth. So, why […]
14
Feb
Feb
If you’re an investor or aspiring homebuyer, you know that mortgage rates have been quite unfavorable over the past few years. Luckily, after peaking at nearly 8% in October 2023, we’ve started to see rates slowly cool down. However, that doesn’t necessarily mean they’ll continue to drop. In the video below, we’ll go over the […]
13
Feb
Feb
Any responsible rental property owner knows the importance of tenant screening when it comes to placing tenants in their property. You want to ensure the tenant you are considering has no criminal background, verifiable income that can cover the monthly rent expenses and a good credit score. One of the best ways to verify a tenant’s […]
12
Feb
Feb
If you’re interested in real estate investing but don’t have the time, capital, or knowledge to do it alone, you may consider a real estate partnership. Real estate partnerships allow two or more investors to jointly own and manage a real estate investment. There are plenty of ways to contribute to a partnership and several […]
09
Feb
Feb
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 each contribute something special to our property management company. […]
07
Feb
Feb
As we enter the new year, many investors and homebuyers wonder if this will be the year to buy real estate. Will mortgage rates decrease? Will there be more homes on the market? Is a market crash on the horizon? Check out the video below where we go over the current state of the market […]
31
Jan
Jan
Property management is one of the most important aspects of any rental business. Unfortunately, hiring a bad property manager can significantly affect your bottom line. That’s why recognizing a bad property manager from the start can help you avoid lost rental income and potential legal issues. In the video below, we’ll review when to fire […]