Are you looking to invest in real estate with minimal effort? Perhaps you’re an out-of-town landlord or want something simple for your first investment. Turnkey rental properties might be the perfect investment for you! Today, we explore how to buy a turnkey rental property, the pros and cons, and whether or not it’s a good […]
Category Archives: Property Management in Leesburg
Communicating with tenants is crucial to running a rental business. Whether sending monthly rent reminders or following up on a maintenance issue, it’s important to have a secure way to contact your tenants. Today, we’re discussing the best tenant communication tools in 2024 and how they can benefit your rental business. Contents of This Article: […]
Whether you’re a real estate investor or purchasing a home for your family, you know how important the mortgage process is. Mortgage Professional Month recognizes the hard work that mortgage professionals do daily to help individuals and families achieve homeownership or add properties to their portfolios. Read along as we discuss the importance of this […]
For every great landlord, there are infinitely more horrible ones. Thus, tenants must be vigilant when selecting their next rental home. While location, size, price, and amenities are significant aspects to searching for the right place, tenants are not just renting a home; they are entering a long-term relationship with the landlord. So, it is […]
Tenant screening is a crucial part of choosing the right person for your rental property. However, it doesn’t always catch everything. For instance, a person with a hoarding disorder may seem like the average renter. However, when you enter their apartment for an inspection, you may be shocked at how many items they’ve kept piling […]
When you own a rental property for a long time, there may come a time when you need to consider renovations. Whether the property becomes outdated or you come across safety concerns, small yet valuable renovations can help increase the value of your property and your cash flow. Today, we’ll go over six property […]
Many of us aspire to own our own house one day; it’s an essential facet of the American dream. The trouble is, we know that it comes with hefty costs. From saving for a downpayment to high interest rates and ongoing upkeep – the expenses never end. But, when renting, a lot of those common […]
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. […]
A rental property is only successful if a paying tenant occupies it consistently. Therefore, effective rental property marketing, along with thorough tenant screening, is vital. After all, every unoccupied day chips away at an owner’s overall profits. So, learning how to prepare for and manage vacancies should be a priority for landlords. Continue reading below […]
Owning successful rental properties requires finding tenants who pay rent on time. After all, consistently late rent payments can put a dent in your rental income, affecting your entire rental business. As such, it’s of utmost importance for landlords and property managers to find qualified tenants and have rent payment policies in place. However, unfortunately, […]