8,000Units Under Management
Less Than 1% Eviction Rate
Avg. Time Rental Is on Market 23 Days

Category Archives: Property Management in Maryland

How to Handle an Unauthorized Person in Your Rental Property

How-to-Handle-an-Unauthorized-Person-in-Your-Rental-Property | | Bay Property Management Group

Discovering that an unauthorized person is living in your rental property is a very stressful situation. As a landlord, it is your duty to protect the property and ensure that only authorized and vetted individuals live in the unit. Unfortunately, despite having a rock-solid lease agreement, there may be times when a tenant’s guest(s) overstay […]

Unusual, But Legal, Pets Your Tenant May Own in a Rental Property

Unusual, But Legal, Pets Your Tenant May Own in a Rental Property | | Bay Property Management Group

For many individuals, pets are just as much a part of their family as any blood relative. Whether or not your rental allows pets could significantly affect your qualified tenant pool in today’s rental industry. As a landlord, accepting pets is a big decision, and there are plenty of things to consider. Today our focus is […]

Is Rental Income Taxable? What Landlords Should Know

Is Rental Income Taxable What Landlords Should Know | | Bay Property Management Group

Many landlords ask, ‘is rental income taxable?’  Whether you’re renting out one property or several, understanding taxes is crucial for your business’s health. In this article, we’ll cover the core tax tips every landlord should know—from what counts as rental income to how to track your expenses and deductions. These tips will help you handle […]

How Does Last Month’s Rent Work: Pros and Cons

Couple packing boxes with their dog while moving into a new home, with text overlay about how last month’s rent works

As a landlord, understanding how last month’s rent works is key to protecting your rental income and avoiding confusion during lease agreements. Many landlords mistake it for a security deposit, but the two serve very different purposes. Misunderstanding this distinction can lead to costly mistakes, compliance issues, or strained tenant relationships. This guide explains what […]

What Does ‘Prorated Rent’ Mean? What You Need To Know

What Does 'Prorated Rent' Mean What You Need To Know | | Bay Property Management Group

Ideally, when someone rents out a home, they’d move in the following month. However, this doesn’t always happen in reality. Some people need to move in urgently, like in the middle of the month. Luckily, when that happens, you don’t necessarily have to pay that entire month’s rent. In other words, the tenant could pay […]

Buying a Second Home and Renting Out the First: A Guide

Buying a Second Home and Renting The First A Guide | | Bay Property Management Group

Are you considering renting out your first home and buying a second one to live in? Whether you’re downsizing, relocating, or need more space for your growing family, turning your first home into a rental can be a smart move. Buying a second home while renting out the first has been a popular option for […]

What Is a Landlord? Definition & Responsibilities Explained

What Is A Landlord Definition & Responsibilities Explained | | Bay Property Management Group

Among all the terms in real estate, “landlord” is one of the most common ones. Even though it’s a widely used phrase, many people have misconceptions about what this role entails.  What is a landlord, exactly? What does a landlord do? What are some of the biggest landlord responsibilities? Let’s answer those questions below. Content […]

Real Estate Equity: A Guide for Investors

Real Estate Equity A Guide for Investors | | Bay Property Management Group

Real estate equity can be a powerful tool for investors seeking to build wealth over time. Whether you’re investing in commercial real estate, buying a single-family home, or looking at alternative investment choices like REITs, it’s critical to understand how to build and manage equity. In this article, we’ll break down the fundamentals of real […]

Dealing with an Unresponsive Landlord: The 3-Step Plan

Dealing with an Unresponsive Landlord The 3-Step Plan | | Bay Property Management Group

If you have an unresponsive landlord who’s not responding to your complaints, you have tools you can use to solve this challenge. Read below to learn when your landlord is liable for repairs, what you can do to keep them accountable, and more. Main Takeaways If your home’s maintenance problem impacts your safety and health, […]

Is it a Good Idea to Invest in a Fixer-Upper Rental Property?

Is it a Good Idea to Invest in a Fixer-Upper Rental Property | | Bay Property Management Group

Deciding which rental property to invest in takes a lot of consideration. The purchase price, location, nearby amenities, and curb appeal are just some of the things to think about. But have you ever considered buying a fixer-upper rental property? People love to buy fixer-upper rental properties, and there are plenty of advantages to doing […]