Owning rental properties comes with a lot of responsibility. One of the most important tasks for landlords and property managers is keeping up with rental repairs and maintenance. However, if you don’t account for these expenses within your budget, they can put a major dent in your rental income. As such, it’s crucial to know […]
Category Archives: Property Management in Howard County, MD
06
Jul
Jul
Whether renting an apartment or moving into a new neighborhood, establishing a good relationship with your neighbors can help you feel more a part of the community. Luckily, connecting with your neighbors doesn’t have to be complicated. In today’s post, we’ll review what makes a good neighbor and seven strategies for establishing good relationships with […]
21
Jun
Jun
The rental market constantly changes due to factors like hanging who is renting, new technology, and what tenants look for in a home. While looking at the future of rental housing, it’s crucial to pay attention to trends that will shape the market the most. Whether it’s smart technology, sustainability, or affordability, understanding rental trends […]
03
May
May
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 property management company. […]
05
Apr
Apr
April is National Fair Housing Month! This year, we celebrate the 55th anniversary of the Fair Housing Act, signed by President Lyndon B. Johnson on April 11, 1968. Follow along as we go over the history of Fair Housing, its importance for rental owners, and meaningful ways to talk about and celebrate National Fair Housing […]
10
Mar
Mar
Investors have several expenses to worry about while owning real estate. One of the most frustrating costs to account for is property taxes. Not only do they increase over time, but they never go away. The amount you owe depends on several factors, but there are ways to lower your property taxes if they’re too […]
08
Mar
Mar
Are you planning on investing in real estate? You may want to consider forming an LLC or real estate holding company. After all, buying rental properties comes with a few unique risks, and you’ll want to protect your business. In today’s blog, we’ll discuss what a real estate holding company is, who needs one, and […]
09
Feb
Feb
If you’ve ever sold a home before, you know it takes a lot of time, money, and preparation to ensure everything looks perfect. Sometimes it takes repairs, renovations, and touch-ups to make it look more appealing to buyers. But what if you skipped all those steps and sold it as is? It definitely saves time, […]
09
Jan
Jan
Over the past year, mortgage rates have skyrocketed, negatively affecting the affordability and demand of real estate. However, as the market starts to correct, investors are curious about where mortgage rates are headed in the new year. Read along as we review some mortgage rate predictions for 2023 and how to get the best rate […]
17
Nov
Nov
Think you’re ready to become a full-time landlord? While becoming self-employed can be exciting, it can also be scary and take a significant toll on you financially if you aren’t prepared. So, you need to plan ahead and understand exactly what you’ll be responsible for as a full-time landlord. Follow these tips if you want […]