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 […]
Category Archives: Owning a Rental Property in Maryland
Buying Rental Properties, Owning a Rental Property in Maryland, Property Management in Baltimore County, Property Management in Maryland, Rental, Renting a Home in Maryland, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
Calculating and Claiming Depreciation at Tax Time for Your Rental Property
02
Mar
Mar
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 […]
Buying Rental Properties, Owning a Rental Property in Maryland, Property Management, Property Management in Maryland, Property Management in Montgomery County, MD, Renting a Home in Maryland, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
Balancing Human Interaction and Property Management Technology
23
Feb
Feb
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 […]
Buying Rental Properties, Owning a Rental Property in Maryland, Property Management, Property Management in Carroll County, MD, Property Management in Maryland, Renting a Home in Maryland, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
How To Fund Your Retirement with Investment Properties
17
Feb
Feb
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 […]
15
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 […]
Owning a Rental Property in Maryland, Property Management, Property Management in Baltimore County, Property Management in Maryland, Rental, Renting a Home in Maryland, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
Handling a Tenant Death & A Deceased Tenants Belongings
10
Feb
Feb
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 […]
Buying Rental Properties, Owning a Rental Property in Maryland, Property Management, Property Management in Anne Arundel County, MD, Property Management in Maryland, Renting a Home in Maryland, Style, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
Top 5 Rental Property Appliances For Rental Properties in 2022
02
Feb
Feb
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 […]
24
Jan
Jan
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 […]
Buying Rental Properties, Owning a Rental Property in Maryland, Property Management, Property Management in Prince George's County, MD, Rental, Renting a Home in Maryland, Tips for Investing in Rental Properties, Tips for Landlords, Tips for Property Managers, Tips for Tenants
Bedbugs! How to Prevent & Treat Bedbugs in Your Rental Property
14
Jan
Jan
Nobody wants to deal with the hassle of removing bedbugs, especially in a rental property. However, bedbugs can easily make their way into your rental home without you even knowing it. Whether they come from someone’s clothes, luggage, or bedding, they can quickly become a nuisance and must be removed immediately. So, let’s go over […]
11
Jan
Jan
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. […]