Sadly, confrontation is occasionally a given part of being a landlord. Furthermore, understanding how to deal with confrontation professionally and effectively does not always come naturally to rental owners. In fact, dealing with confrontation is something most people try to avoid at all costs. However, if you do not already employ the area’s best property […]
Category Archives: Owning a Rental Property in Maryland
27
May
May
Over 110,000,000 residents live in rental housing throughout the United States. In Maryland alone, 33.17% of households were renters, according to census data. That’s a lot of renting responsibility meaning there is a definite need for property management firms to exist. But, with so many management companies out there, how do owners know which is best? […]
21
May
May
Part of being a successful landlord is preparing for all necessary and unexpected rental property expenses. However, for new landlords or investors, this is easier said than done. When it comes to determining income and profits, there are plenty of helpful online ROI calculators. That said, estimating expenses involves many variables that landlords can easily […]
20
May
May
Thriving seller’s markets continue across much of the US, leaving some landlords and homeowners wondering – is now the time to sell? As the COVID-19 pandemic fears continue to wane, many individuals are still experiencing personal and financial uncertainty. However, if you have any interest in selling, time is of the essence as the housing […]
11
May
May
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. Therefore, […]
If you own a multi-family building and are looking to attract potential tenants to rent out your spaces, you must keep up with the remodeling trends they’re interested in. It’s the little details that will make your property stand out from the rest! The following remodeling trends are details that potential tenants will keep an […]
29
Apr
Apr
Out with the old – which includes your rental’s tired or dated décor – and in with the new! When it comes to determining your own personal decorating style, it’s important to remember not every choice is suited to a rental property. Ideally, rental properties need to be stylish but a blank slate for future […]
28
Apr
Apr
Virtual home tours are a popular way to showcase a rental property. However, the COVID-19 pandemic made virtual touring a necessary ingredient to success. Using these models allows the viewer free reign to explore the property from the comfort and safety of their own home. Essentially, this creates a 24/7 open house! That said, Matterport […]
22
Apr
Apr
Apart from the lease, a rental application is the most important document in the rental process. For tenants, having the required documents at the ready will help you jump on great listings in a competitive market. After all, having your first choice property swept out from under you is an awful experience. So, to boost […]
21
Apr
Apr
Over the last several years, short-term rentals have grown in popularity with both renters and investors. But is it the right move for an investment portfolio? The answer depends on many factors, including how much time the owner intends to commit and how secure they need their investment to be. That said, one thing is […]