There’s a lot that goes into being a successful landlord. One key piece is the service contract. The term might sound a little vague, and you may be wondering: What exactly is a service contract in real estate? Well, if you’ve ever hired someone to mow your lawn or fix a leaking faucet, chances are, […]
Category Archives: Property Management in Baltimore
10
Mar
Mar
Having an exit plan for your multifamily investment is critical to sticking the landing and earning that sweet, sweet ROI. If you clearly define your end game, you can set yourself up for success. But where do you even begin? Here, we’ll let you in on 5 proven, practical real estate investment exit strategies that […]
24
Feb
Feb
With more landlords opening their doors to pet-friendly rentals, finding tenants has never been easier. Pet-friendly properties attract a larger pool of renters, helping you fill vacancies faster. But with the benefits come concerns—how do you manage potential noise issues and property damage caused by pets? That’s where pet screening comes in. But what is […]
10
Feb
Feb
Rent increases are a thorny issue for tenants and landlords alike. Naturally, tenants want to be able to afford their homes without being left to pinch pennies. At the same time, landlords sometimes need to adjust their rate to keep up with rising costs, regulations, and other factors. With that considered, what is a reasonable […]
31
Jan
Jan
Getting an eviction notice can feel overwhelming, but it doesn’t always mean you have to leave right away. In many cases, you still have options to fix the situation and avoid eviction, depending on your landlord’s policies and local laws. The key is acting fast and knowing your rights. Whether it’s paying overdue rent, negotiating […]
20
Jan
Jan
Ideally, when someone rents out a home, they’d move in the following month. However, this doesn’t always happen in reality. Some people need to move in urgently, like in the middle of the month. Luckily, when that happens, you don’t necessarily have to pay that entire month’s rent. In other words, the tenant could pay […]
13
Jan
Jan
In recent years, aspiring real estate entrepreneurs have been entering the industry through rental arbitrage. With rental arbitrage, tenants rent from your property in the long-term and sublet it to short-term renters through Airbnb, VRBO, and other platforms. This sounds simple enough, right? But in reality, it’s not quite as harmless as it sounds. Let’s […]
20
Dec
Dec
At Bay Property Management Group, we are Baltimore 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 […]
19
Dec
Dec
Real estate equity can be a powerful tool for investors seeking to build wealth over time. Whether you’re investing in commercial real estate, buying a single-family home, or looking at alternative investment choices like REITs, it’s critical to understand how to build and manage equity. In this article, we’ll break down the fundamentals of real […]
17
Dec
Dec
Baltimore is a city full of history, vibrant culture, and endless possibilities. If you’re considering moving here, you’re probably wondering: Is Baltimore a good place to live? Is it safe? What is daily life like in the Charm City? You’ll be happy to know that Baltimore offers a mix of urban energy and natural beauty, […]