5,320Units Under Management
Less Than 1% Eviction Rate
Avg. Time Rental Is on Market 23 Days

Category Archives: Property Management in Maryland

The Pros and Cons of Collecting Last Month’s Rent

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 […]

Top 3 Things to Ask Your Prospective Tenant’s References

In a competitive rental market, every lead is vital. After all, a high tenant turnover rate can wreak havoc on your annual profit, which is why placing tenants efficiently is so important. However, not every prospective applicant that wants to see your rental property will meet the qualifications. That said, placing a bad tenant causes even more […]

The Responsibilities of a Property Manager: A Day in the Life

The Responsibilities of a Property Manager A Day in the Life

The property management industry offers many opportunities for financial and professional growth. That said, to become a successful property manager, you must stay determined, organized, and professional throughout your career. If you’re wondering what it’s like to manage properties at Bay Property Management Group, read along while we go over the daily tasks and responsibilities […]

Calculating and Claiming Depreciation at Tax Time for Your Rental Property

Calculating and Claiming Depreciation at Tax Time for Your Rental Property

When you invest in something as large as real estate, you want to get as much back at tax time as you can. Most people have heard of the main tax write-offs, like mortgage interest, insurance, and repairs. However, one of the most significant deductions for landlords is depreciation. Savvy investors who want to make […]

Balancing Human Interaction and Property Management Technology

Balancing Human Interaction and Property Management Technology

In today’s day and age, rental property management technology is very prevalent and extremely useful. However, some landlords and tenants want to preserve human interaction. After all, human interaction is beneficial for both parties to better understand who they are dealing with. On the other hand, property management technology is also great because it helps […]

How To Fund Your Retirement with Investment Properties

How Can You Fund Your Retirement with Investment Properties

When done correctly, rental property investments can be a profitable avenue for anyone to explore. In fact, using rental properties to fund your retirement has proven to be an excellent option for some people. However, investing in real estate takes a lot of time, money, and effort. So, if you’re interested in learning how to […]

Handling a Tenant Death & A Deceased Tenants Belongings

deceased tenant belongings

Dealing with death is tough in any aspect, especially when it affects your business. If a tenant passes away unexpectedly while living in your rental property, it can be a confusing process to navigate. For example, you may not know what to do with a deceased tenant’s belongings, how to end the lease agreement, and […]

7 Creative Ways To Finance Rental Property

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 […]

Top 5 Rental Property Appliances For Rental Properties in 2022

Top 5 Rental Property Appliances that Tenants Want in their Home

Part of running a successful rental business includes providing tenants with up-to-date appliances and valuable amenities. Not only does this give tenants a better experience, but it also increases the value of your property. Unfortunately, however, most of them come with a hefty cost. That said, installing modern, energy-saving rental property appliances is a great […]

Apartment Building Amenities Tenants Look for in a Rental Home

Apartment Building Amenities Tenants Look for in a Rental Home

Renters these days are looking for specific apartment building amenities to improve their renting experience. That said, when you own a rental business, one of your top priorities should be keeping an updated living space that people are eager to rent. Most of the time, landlords can work with their rental property management team to […]