Choosing a bank that has the right services for your rental property business needs involves careful consideration. After all, you do not want to entrust your money to a bank led by someone such as William R. Beamon. Beamon swindled more than $20,000 in rent payments and security deposits from unknowing tenants. To top it all […]
Category Archives: Property Management in Baltimore
11
Dec
Dec
Maryland is full of quaint towns, bustling cities, and the suburban countryside that attract renters to everything the Old Line State has to offer. The growing trend towards single-family homes provides investors a great opportunity to take advantage of low-interest rates and high demand. So, join us below as we track down the state’s best […]
30
Nov
Nov
Landlords have many questions about their rights surrounding Section 8 requirements and restrictions. Can landlords refuse to rent to a voucher holder? No. In Baltimore City, landlords cannot refuse a tenant based on them having a housing voucher. Additionally, Fair Housing Law protects Baltimore City residents from discrimination based on the source of income, which […]
04
Nov
Nov
Can a landlord limit the number of tenants in their rental? It is a question on many landlords’ minds—some worry about mitigating overcrowding, noise, utility usage, and potential wear and tear. In short, yes, there are limits to the number of occupants allowed in rental properties and it’s important to have a clear occupancy policy. […]
16
Oct
Oct
Vacancy; a costly and scary word for landlords everywhere. While there are many steps owners can take to fill their property quickly, including effective marketing and competitive pricing, sometimes prospects need an added push. Move-in specials or incentives give landlords a competitive edge over the local competition. Moving can be expensive, and renters look […]
14
Oct
Oct
Throughout the rental industry, great tenants are worth their weight in gold. Whether it is paying on time, quickly reporting issues, or showing general respect for your property, these are the occupants you want to find and keep as a landlord. But as the rental housing market grows more and more competitive, keeping those great […]
09
Oct
Oct
For decades in Baltimore City, landlords and tenants have been aware of lead paint regulations and laws. However, there is another growing problem invading homes throughout the city, mold. If you own or manage rental homes in the Baltimore City area, mold growth can quickly become costly. Mold issues leave you with not only […]
06
Oct
Oct
Learning how to retain your tenants, and encouraging them to sign lease renewals, is something all successful property owners do. In fact, learning this skill early on saves you time and money in the long run. When tenants renew, you eliminate the need to advertise a vacancy, screen for new tenants, draft a new […]
02
Oct
Oct
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 fantastic team members, and how they each contribute something special to our property management company. […]
17
Sep
Sep
Rental agreements are legally binding contractual “agreements” between two parties, the landlord and tenant. That said, landlords should be aware that while many laws are protecting the rights of property owners, tenants also have rights. These tenant rights protect renters against overbearing or illegal landlord actions. Therefore, understanding the reasons tenants sue landlords and how […]