Owning rental properties is no cake walk. Although many people have the impression that landlords purchase properties, sit back, and watch the cash flow in, that can be very far from the truth. Honestly, there is a lot of work that goes into being a landlord, and owning rental homes has its fair share of […]
Category Archives: Property Management in Maryland
Mortgage delinquencies in America seem to be on a sharp decline as people climb out of debt and put a little more into their savings accounts. This, paired with the improving job market and stricter loan application processes, has allowed more homeowners to remain in their homes at an affordable rate. This is especially true […]
Whether you’re a seasoned or aspiring landlord, you may have questions about the way your rental property business can be legally structured. You might not be sure about the best option based on your personal needs, liability concerns, and other factors. Today, we’re going to discuss one type of business structure that landlords commonly use: […]
When you’re running a rental property business in Howard County, even the smallest savings can add up to a significant amount over time. That’s why it’s important for you to make sure that all of your rental properties are as energy-efficient as possible. You might think that energy efficiency requires a lot of effort or […]
A move-in incentive is generally something that motivates a potential tenant to move into your rental property. The same applies to those already leasing your property; a move-in incentive can be something that motivates them to renew their lease with you. These incentives are essentially bonuses or discounts for living in your home. The question […]
If you’ve never purchased rental property, you may think that being a landlord sounds like an easy way to make a bit of somewhat passive extra income. While it can be an appealing career option and offers many benefits that traditional jobs do not, it also comes with a unique set of challenges. So, if […]
One of the biggest first impressions left on potential tenants looking to <href=”http://www.baymgmtgroup.com/property-management-montgomery-county/”>rent your Montgomery County home is the outside curb appeal. Think about it. When someone pulls up to your highly sought after Potomac property, located in an exclusive, beautiful, and well-maintained community, tenants expect the same to be true of your rental home’s […]
While you’re relieved to have good tenants, your tenants are happy with a landlord they like and trust. But being a good landlord to your tenants won’t just keep them happy – it’ll likely help you as well by allowing you to keep long-term tenants in your properties and avoid the costs that result from […]
If you’re looking for a great way to make some income in addition to your full-time job (or to make enough income to replace it), you’ve probably considered starting a rental property business. But maybe you’re feeling uncertain about how it all works. Specifically, you might be wondering what options you have when you’re looking […]
As a landlord, you do not want just anyone leasing your rental home. You want good quality people that will pay their rent on time, respect your property, and follow the terms of the lease agreement. As if handling a rental property wasn’t enough, the last thing a landlord, or their Howard County property management […]