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 […]
Category Archives: Property Management in Howard County, MD
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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
Are you looking to finance your rental property and join the increasing ranks of people in the rental property business? Well, the first thing you are going to have to do before officially becoming a landlord is to figure out financing for the property you are interested in leasing. Wondering How You Can Finance Rental […]
Buying Rental Properties, Owning a Rental Property in Maryland, Property Management in Howard County, MD, Property Management in Maryland, Renting a Home in Maryland, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
When to Hire an Accountant to Handle Your Rental Property Taxes
Owning a rental property can be stressful, especially during tax time. A rental owner’s countless tasks and responsibilities near tax time can get extremely overwhelming. That said, many rental homeowners prefer to hire a professional accountant rather than file taxes themselves. However, it’s still good for investors to evaluate finances and plan for tax season. […]