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 […]
Category Archives: Property Management in Howard County, MD
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 […]
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 […]