Nowadays, most tenants and landlords have heard of renters insurance, but how many understand why it is vital to the industry? Renters insurance is easy to get, cost-effective, and integral to protecting a tenant’s personal property as well as against certain types of liability. More and more, landlords realize the benefits to both sides and […]
Category Archives: Property Management In Montgomery County, PA
03
Sep
Sep
Whether landlords are ready or not, technology plays a key role in the rental industry. As the number of people searching for their next rental property continues to rise, grabbing renters’ attention through online listings is critical. On the flip side, renters may find the search for their next place to call home a competitive […]
06
Aug
Aug
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. […]
Owning a Rental Property in Pennsylvania, Property Management, Property Management In Montgomery County, PA, Property Management in Pennsylvania, Property Management in Philadelphia, Tips for Investing in Rental Properties, Tips for Landlords
Understanding Rental Property Pricing in a Seller’s Market
09
Jul
Jul
Housing prices continue to soar in many areas as supply still struggles to keep up with demand. This increased demand and low supply creates a strong seller’s market within the real estate industry – but where does this leave rentals? The truth is, the rental market does take some cues from the housing market. Therefore, […]
09
Jun
Jun
One does not have to look hard to find negative posts, reviews, and forum threads about bad landlords. In fact, it is easy to understand why a person who a landlord has mistreated would negatively stereotype them. That said, there are plenty of ways landlords can mistreat tenants, such as overcharging, neglecting maintenance, ignoring phone […]
12
May
May
Most people have heard of a mother-in-law suite, but did you know that homeowners are now turning these into income units? Its name comes from the fact that these units were traditionally designed to house aging family members or guests. However, for homes with a mother-in-law suite, this is a valuable living space. That said, […]
09
Mar
Mar
In 2020, the property management industry topped out at over 88 billion dollars in the United States. Steadily expanding since 2017, the property management industry provides a wealth of opportunity for professional and financial growth. Becoming a property manager is a great career for driven individuals with a passion for working with people. Join us […]
08
Feb
Feb
In the rental industry, price is a major ruling factor. Not only does it affect tenant’s ability to afford your property, but the price also contributes to how much profit landlords have at the end of the month. But how does a landlord know how to price a rental property competitively while maintaining a healthy […]
18
Dec
Dec
Now more than ever, individuals are concerned with economic security. Investing in rental properties has the potential to be quite lucrative, but only if done the right way. That said, successful landlords often share the same traits and business practices that help them achieve their financial goals. Property management takes time, effort, preparedness, and solid […]
25
Nov
Nov
The real estate market in 2021 is shaping up to be quite competitive for buyers and investors. However, that does not mean investors should shy away from taking advantage of near record-low rates while they last. That said, it does imply that you might have to get a little creative with where and what that […]