You may think there’s not much difference between an HOA manager vs. a property manager. While the roles are similar in some aspects, there are several differences between these two jobs. Today, we’ll review some of the tasks and responsibilities of each job role, the fees each manager charges, and the essential certifications each manager […]
Author Archives: Patrick Freeze
Most tenants want to find a safe and secure rental home to treat as their own and will happily pay the monthly rate to do so. However, there’s always that small set of people who aim to mistreat the property or purposely refuse to pay rent. Today, we’ll review some characteristics of prospective “nightmare tenants” […]
Buying a rental property takes careful consideration and a lot of research. It’s also a significant investment, meaning you must have the right capital or financing plan to purchase it. With such a large investment, it’s important to know what to look for in a rental property and ensure you’re following the right steps to […]
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 Baltimore property management […]
Managing homeowners’ associations takes a lot of work from the board of directors, HOA managers, and community members. It takes a village to ensure a harmonious community, and HOA managers play a large part in keeping things running smoothly. Today, we’ll go over what an HOA manager does, the essential skills they need, and how […]
Lease agreements are legally binding contracts between landlords and tenants, typically lasting anywhere from six to twelve months, depending on the agreed-upon terms. This means a tenant is legally responsible for living in and caring for their rental property for the entire lease duration. However, that’s not realistic for all tenants. Sometimes, situations arise where […]
Most people know someone who either owns an Airbnb or has stayed in one while traveling for work or vacation. While they’re a popular alternative to hotels, most investors get caught up in other people’s success stories without realizing it may not be the same for them. In the video below, we’ll be reviewing the […]
The goal of every real estate investor is to make money! That said, tracking and evaluating that investment is critical to success. Property management firms and landlords alike turn to rent rolls as a means to do just that. So, what is a rent roll, and how will it help property owners drill down into […]
Homeowner’s associations have several rules and regulations that both board members and homeowners must follow. It’s important for all parties involved to understand these rules and comply with them while living in an HOA community. Today, we’ll go over who regulates HOA laws, common laws for community members to follow, and tips for enforcing HOA […]
Coming up with a lease agreement that’s fair and feasible for both landlords and tenants can be challenging. Terms you may think are fair may not align with what a tenant wants in a rental property. However, if they’re a responsible tenant with an excellent rental history, you may be open to negotiating lease terms […]