Category Archives: Owning a Rental Property in Virginia

How to Handle a Tenant Holding Over in Your Rental

How to Handle a Tenant Holding Over in Your Rental | Bay Property Management Group

A tenant holding over can be a scary and frustrating situation for property owners. So, when a lease expires and the tenant refuses to vacate, what is a landlord to do? It is critical to remember that even though the tenant is no longer under the lease, they still have rights. Thus, meaning the landlord […]

Rental Marketing Strategies to Help Reduce Vacancy

Rental Marketing Strategies to Help Reduce Vacancy | Bay Property Management Group

A rental property is only successful if a paying tenant occupies it consistently. Therefore, effective rental property marketing, along with thorough tenant screening, is vital. After all, every unoccupied day chips away at an owner’s overall profits. So, learning how to prepare for and manage vacancies should be a priority for landlords. Continue reading below […]

Navigating Credit Disputes: A Landlord’s Guide to Credit Issues

Navigating-Credit-Disputes | Bay Property Management Group

Did you know that a whopping 79% of credit reports contain some kind of error? That’s right, nearly 4 out of 5 credit reports could be leading landlords and property managers astray. In this blog, we help rental owners learn how to navigate credit disputes and the ins and outs of tenant credit issues. Understanding […]

A Tenant’s Guide to Hosting Thanksgiving in a Rental Home

Tenants-Guide-to-Hosting-Thanksgiving-in-a-Rental

Thanksgiving is a chance to enjoy time with family and friends over an abundant meal. However, attending a party and hosting the Thanksgiving celebration are two entirely different things. So, how can you comfortably host the best holiday if you reside in small spaces? While an apartment may present some unique challenges, getting creative and […]

2022 Market Statistics for Investors and What to Expect in 2023

Market-Statistics-for-Investors

Real estate is a complex, exciting, and potentially profitable industry. Understanding the market is key to your success whether you are a real estate agent, investor, or buyer. Join us below as we review some key figures and market statistics for investors. Find out what’s impacting the 2023 market and some interesting real estate facts […]

5 Common Plumbing Issues For Landlords to Watch For in a Rental

5 Common Plumbing Issues For Landlords to Watch For in a Rental

If you are a landlord, one of the last things you want to deal with is plumbing issues in one of your rental properties. However, these scenarios pop up from time to time and must be handled quickly and accordingly. Otherwise, you may end up with more damages within your rental than you bargained for. […]

Are There Financial Benefits to Renting vs. Buying?

Are There Financial Benefits to Renting vs. Buying?

Most people across the United States place significant priority on homeownership. Whether it’s a small family looking for their first home or an individual looking to increase their independence, purchasing a home can be a rewarding investment for anyone. However, it takes a ton of planning and preparation to be done correctly. Some people would […]

Top 10 Landlord Mistakes for New Rental Investors to Avoid

Video Featured Image (1) | Bay Property Management Group

Some people may assume that being a landlord is a simple job. However, a lot more goes into the position than you may think. That said, when investors first begin their career as landlords, they’re bound to make at least a few minor mistakes. After all, nobody is perfect. But still, the goal is to […]

How to Change an HVAC Filter in Your Rental Property

How to Change an HVAC Filter in Your Rental Property

Nothing brings Summer fun to a halt faster than a broken-down HVAC system. For tenants, this is an uncomfortable hassle, but for landlords, it is a potentially costly repair. Industry experts agree that the best way to prevent an unfortunate HVAC breakdown is through proper maintenance and care. However, some of that responsibility falls on […]

Should Landlords Consider Self-Showing Technology for Their Rentals?

Should Landlords Consider Self-Showing Technology for Their Rentals?

Landlords are undeniably busy the majority of the time. With all of the daily responsibilities it takes to run a rental business, it can seem like there’s not enough time in a day. Luckily, with new technology coming out each year, there are ways for landlords to streamline some of their tasks. For example, self-showing […]