You don’t have to search for long to find horror stories about overbearing, unfair landlords and how they mistreat their tenants. Unfortunately, it’s a common problem. However, some landlords act that way because they constantly deal with difficult tenants, tenants who never pay rent on time, and tenants who damage their property. However, regardless of […]
Category Archives: Property Management in Howard County, MD
08
Apr
Apr
If you’re planning on buying real estate, whether it’s for a rental property investment, business venture, or a new home, it’s important to know how to determine the true value. Knowing how much the property is worth can help you decide how much you should pay for it. Today, we’ll go over some of the […]
12
Mar
Mar
If you’re looking to finance a fixer-upper, there are several loan options to consider. For instance, you could take out a traditional mortgage for the home and fund the renovations yourself, use a hard money loan, or explore an FHA 203(k) loan. Many fixer-upper homebuyers choose the Federal Housing Administration’s 203(k) loan to combine the […]
06
Mar
Mar
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 […]
05
Mar
Mar
Water and energy conservation are at the forefront of many peoples’ minds. As the cost of energy continues to rise, major droughts are also becoming a real threat in regions all across the country. Thus, as the number of people wanting to become environmentally friendly with their daily activities increases, it is important as a rental property […]
27
Feb
Feb
Did you know that the country’s rent index increased at an annualized rate of 3.6% in 2017? At the time, that was a significant increase compared to previous years. However, since then, we’ve seen even larger increases. From 2021 to 2022, we saw average rents increase by 14.07%, one of the largest increases since 2017. […]
12
Feb
Feb
If you’re interested in real estate investing but don’t have the time, capital, or knowledge to do it alone, you may consider a real estate partnership. Real estate partnerships allow two or more investors to jointly own and manage a real estate investment. There are plenty of ways to contribute to a partnership and several […]
09
Jan
Jan
Buying a rental property takes careful consideration and a lot of research. It’s also a significant investment, meaning you must have the right capital or financing plan to purchase it. With such a large investment, it’s important to know what to look for in a rental property and ensure you’re following the right steps to […]
20
Dec
Dec
Owning rental properties is one thing, but managing them is another battle. Managing properties, tenants, and their needs takes a lot of time and commitment. That’s why many busy property owners hire property management companies to help them with the day-to-day tasks of owning rentals. In today’s article, we’ll go over different types of property […]
09
Nov
Nov
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 […]