For over a decade, Bay Property Management Group has helped owners achieve their rental investment goals through comprehensive third-party representation. What began as a small firm specializing in single-family rentals has quickly expanded. Today, BMG serves clients across Maryland, Southern Pennsylvania, Washington DC, and Northern Virginia. With over 5,300 units under management, BMG could not […]
Category Archives: Owning a Rental Property in Virginia
04
Oct
Oct
For already cash-strapped tenants, paying thousands of dollars in an upfront security deposit becomes a barrier to necessary housing. According to Paraag Sarva, CEO, and co-founder of Rhino, residential security deposits total $40 billion in just the U.S. market. But is there any alternative when a security deposit is vital to protecting the landlord and […]
23
Sep
Sep
Can landlords evict a non-paying tenant? This continues to be the question on millions of tenant’s and landlord’s minds across the country. Unfortunately, however, many landlords were left confused and frustrated by the changing, and sometimes contradictory, federal and state guidelines throughout the pandemic. In addition, emergency relief programs have struggled to get desperately needed […]
13
Sep
Sep
The leaves are turning, and it is time to explore all that Fall has to offer in beautiful Northern Virginia. While some COVID restrictions remain, many are eager to get out and enjoy the nice weather and Fall activities. Therefore, whether you are looking for a local brewery with friends or fun for the whole […]
07
Sep
Sep
With so much of the apartment rental process happening online these days, the risk of tenants or landlords falling victim to an apartment rental scam is abundant. However, individuals can protect themselves from fraud or apartment rental scams with some simple due diligence. The key is to know what red flags to look for and […]
26
Aug
Aug
Being a successful rental property landlord can be rewarding but is not always easy. Unfortunately, for every great landlord, there are a few bad ones. Do you know what kind of landlord you are? Becoming successful in such a competitive industry demands landlords be at the top of their game with a commitment to maintaining […]
19
Aug
Aug
Whether a tenant moves of their own accord or faced legal eviction, sometimes possessions remain in the home. When this occurs, landlords face a dilemma – what to do with abandoned tenant property? In many cases, tenants simply leave behind trash that landlords are free to dispose of. However, personal items or other property is […]
13
Aug
Aug
As the concept of owning rental properties as a solid investment grows, so does the number of property management jobs needing to be filled. Many individuals may not realize how this industry can benefit their long-term careers. This is a great opportunity for driven individuals looking for both professional and financial growth. Furthermore, ideal property […]
09
Aug
Aug
Keeping up with rental property maintenance is about more than just keeping the property looking great. Property maintenance for landlords is an essential part of fostering a great landlord-tenant relationship. In addition, regular preventative measures help to avoid more costly repairs down the line. Today we take an in-depth look at the types of rental […]
03
Aug
Aug
When it comes to choosing the right investment, real estate is on the top of many people’s lists. However, the large expense to buy a property and potentially renovate it can seem daunting. In fact, many investors shy away from income property due to the need for so much capital upfront. But did you know […]