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 […]
Category Archives: Property Management in Howard County, MD
04
Nov
Nov
When it comes to keeping your Howard County rental property safe from unwanted outsiders, there are plenty of precautionary actions you can take, including: installing a high-tech alarm system, strategically placing lights around the property to deter criminal activity, and ensuring all windows close properly and lock securely. When it comes to keeping your rental […]
28
Oct
Oct
The real estate industry, like many others, seems to have its own language and lingo. Working knowledge of common real estate investment terms will help you absorb vital information quicker. It will aid you in communication with those already in the industry. So, join us below as we define some common real estate lingo and […]
12
Aug
Aug
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. […]
21
Jul
Jul
Owning rental properties can be a lucrative business plan if managed correctly. After all, being a landlord is no simple task. A ton of time, money, and effort goes into investing in rental properties and remaining successful. However, if you’re a new investor, it can be challenging to recognize the red flags of an investment […]
17
Jun
Jun
Most tenants will experience a rent increase at some point throughout their rental career. Rent increases are common and sometimes necessary to keep up with market trends, inflation rates, and rental expenses. However, although rent increases are beneficial for owners, it leaves tenants in a tough spot. Is there anything tenants can do to avoid […]
11
May
May
If you’re familiar with purchasing real estate, perhaps you’re familiar with buying a “sight unseen” property. When you purchase a property sight unseen, it’s essentially the same as a blind offer in real estate. Ultimately, it means that you put an offer on a property without seeing the interior. It may seem like a significant […]
19
Apr
Apr
Choosing the perfect tenant for your rental property is just one of the many decisions landlords must make before the move in. Most property owners are familiar with charging new tenants the first month’s rent and a security deposit. However, the question remains – should you collect last month’s rent as well? This is something […]
11
Apr
Apr
Every landlord aims to secure quality tenants to occupy their rental properties. However, that’s not always the case. In fact, there are a few scenarios that can put a huge roadblock in finding new tenants. One of the worst-case scenarios is discovering squatters in a rental home. A squatter could be a tenant who refused […]
15
Mar
Mar
Some maintenance and repair tasks are easy enough to do on your own. That said, for a clogged sink in your rental, there’s typically no need to call a repairer or a specialist. Instead, a few different methods allow you to unclog a sink on your own quite easily. Thus, if you’re unfamiliar with fixing […]