5,320Units Under Management
Less Than 1% Eviction Rate
Avg. Time Rental Is on Market 23 Days

Category Archives: Owning a Rental Property in Maryland

How to Write a Rental Property Ad & Get Your Listing Noticed

How to Write a Rental Ad and Get Your Listing Noticed

A picture is worth a thousand words. However, when it comes to a rental property listing, words still matter a great deal. That said, a poorly written advertisement can easily become overlooked in a competitive rental market. Therefore, a few carefully chosen sentences that highlight everything a renter is looking for can make all the […]

The Pros and Cons of Collecting Last Month’s Rent

Choosing the perfect tenant for your rental property is just one of the many decisions landlords must make before the move in. Most property owners are familiar with charging new tenants the first month’s rent and a security deposit. However, the question remains – should you collect last month’s rent as well? This is something […]

Calculating and Claiming Depreciation at Tax Time for Your Rental Property

Calculating and Claiming Depreciation at Tax Time for Your Rental Property

When you invest in something as large as real estate, you want to get as much back at tax time as you can. Most people have heard of the main tax write-offs, like mortgage interest, insurance, and repairs. However, one of the most significant deductions for landlords is depreciation. Savvy investors who want to make […]

Balancing Human Interaction and Property Management Technology

Balancing Human Interaction and Property Management Technology

In today’s day and age, rental property management technology is very prevalent and extremely useful. However, some landlords and tenants want to preserve human interaction. After all, human interaction is beneficial for both parties to better understand who they are dealing with. On the other hand, property management technology is also great because it helps […]

How To Fund Your Retirement with Investment Properties

How Can You Fund Your Retirement with Investment Properties

When done correctly, rental property investments can be a profitable avenue for anyone to explore. In fact, using rental properties to fund your retirement has proven to be an excellent option for some people. However, investing in real estate takes a lot of time, money, and effort. So, if you’re interested in learning how to […]

Employee Spotlight – Kimmarie Spriggs, Leasing Agent, BMG Laurel

kimmarie-spriggs-employee-spotlight

  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 […]

Handling a Tenant Death & A Deceased Tenants Belongings

deceased tenant belongings

Dealing with death is tough in any aspect, especially when it affects your business. If a tenant passes away unexpectedly while living in your rental property, it can be a confusing process to navigate. For example, you may not know what to do with a deceased tenant’s belongings, how to end the lease agreement, and […]

Top 5 Rental Property Appliances For Rental Properties in 2022

Top 5 Rental Property Appliances that Tenants Want in their Home

Part of running a successful rental business includes providing tenants with up-to-date appliances and valuable amenities. Not only does this give tenants a better experience, but it also increases the value of your property. Unfortunately, however, most of them come with a hefty cost. That said, installing modern, energy-saving rental property appliances is a great […]

Apartment Building Amenities Tenants Look for in a Rental Home

Apartment Building Amenities Tenants Look for in a Rental Home

Renters these days are looking for specific apartment building amenities to improve their renting experience. That said, when you own a rental business, one of your top priorities should be keeping an updated living space that people are eager to rent. Most of the time, landlords can work with their rental property management team to […]

Property Manager’s Guide to Tax Time and Sending 1099s to Landlords

Property Manager's Guide to Tax Time and Sending 1099s to Landlords

Tax time can be stressful and confusing for everyone, including property owners and landlords. That said, not everyone is an expert, so it’s important to pay close attention to essential tax documents and requirements. One of the most significant tax forms for landlords is 1099. If you have a management team, like Bay Property Management […]