It is always a landlord’s goal to find the “perfect tenant” to occupy their rental home. While performing thorough screenings of potential tenants that include background and credit checks, employment and income verifications, and even communication with previous landlords, income property owners must be careful that they avoid housing discrimination when it comes to placing […]
Category Archives: Property Management in Baltimore
Any responsible rental property owner knows the importance of tenant screening when it comes to placing tenants in their property. You want to ensure the tenant you are considering has no criminal background, verifiable income that can cover the monthly rent expenses and a good credit score. One of the best ways to verify a tenant’s […]
You may feel that investing in energy efficiency for your rental properties is not the best use of time and money. After all, you are not the one living in the property and, therefore, will not reap any of the benefits. However, you couldn’t be more wrong. Today, we’ll go over nine ways to increase […]
These days, channel surfing will likely take you to some form of real estate, from brokers’ million-dollar listings to do-it-yourself house flippers. While seeing a dramatic home transformation unfold over an hour might be entertaining, it is not the reality. Real estate is frequently a profitable investment and a great way to diversify your portfolio, […]
Being a landlord can be quite exciting. You get to meet new people, troubleshoot problems, and be your own boss. Of course, there are also a lot of things you need to know before you jump into such an endeavor. If you’re considering becoming a landlord in Baltimore and you’re wondering how to manage a […]
There are plenty of ways to offer flexibility to your tenants, whether you offer a shorter lease term, extra amenities, or a discounted rental rate. One of the most common ways to cater to a tenant’s renting needs while also benefiting yourself is by offering a month-to-month lease. Month-to-month leases are great for traveling tenants […]
Addressing tenant maintenance concerns in a timely manner is often more important to your tenants than anything else you or your property management company can do. In fact, it can be more critical than reasonable rental rates, amenities, or move-in incentives like cash or discounts. As such, it’s important to keep your tenants happy by providing […]
Owning a rental property is, more often than not, a lucrative business. That is, after all, why so many Maryland landlords continue financing rental properties. However, as a landlord, you will never escape routine maintenance repair bills, and as many come to find out, some rental property repairs leave a larger hole in your pocket than expected. […]
Marketing is important for several types of businesses, including vacation rental properties. After all, without proper marketing efforts, who will see that your property is available for rent? It’s important to use various marketing strategies to increase the visibility of your properties and ultimately gain more leads. Today, we’ll go over what it means to […]
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 Baltimore property management […]