Investing outside your immediate area can pose several benefits. For example, you can find up-and-coming places to purchase rental properties in. Additionally, diversifying your rental portfolio can help you identify profitable markets. However, if you want to buy rental properties from afar, you need to be a long-distance landlord. While there are several benefits, there […]
Category Archives: Property Management in Northern Virginia
01
Apr
Apr
People looking for new places to live right now know just how poor the housing market is. Rent is high, home prices are high, and the supply of homes and rental properties is relatively low. This leaves many renters wondering–will rental rates go down soon? The affordable housing crisis is affecting many people across the […]
29
Mar
Mar
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 […]
17
Mar
Mar
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. […]
Buying Rental Properties, Owning a Rental Property in Virginia, Property Management, Property Management in Manassas, Property Management in Northern Virginia, Rental, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords, Tips for Tenants
5 Common Plumbing Issues For Landlords to Watch For in a Rental
11
Mar
Mar
If you are a landlord, one of the last things you want to deal with is plumbing issues in one of your rental properties. However, these scenarios pop up from time to time and must be handled quickly and accordingly. Otherwise, you may end up with more damages within your rental than you bargained for. […]
Buying Rental Properties, Owning a Rental Property in Virginia, Property Management, Property Management in Northern Virginia, Rental, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords, Tips for Property Managers
Should Landlords Consider Self-Showing Technology for Their Rentals?
04
Mar
Mar
Landlords are undeniably busy the majority of the time. With all of the daily responsibilities it takes to run a rental business, it can seem like there’s not enough time in a day. Luckily, with new technology coming out each year, there are ways for landlords to streamline some of their tasks. For example, self-showing […]
01
Mar
Mar
Top 5 Reasons Tenants Sue Rental agreements are legally binding contractual “agreements” between two parties, the landlord and tenant. That said, landlords should be aware that while many laws are protecting the rights of property owners, tenants also have rights. These tenant rights protect renters against overbearing or illegal landlord actions. Therefore, understanding the reasons […]
Buying Rental Properties, Owning a Rental Property in Virginia, Property Management, Property Management in Northern Virginia, Property Management in Richmond, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
Top 10 Landlord Mistakes for New Rental Investors to Avoid
22
Feb
Feb
Some people may assume that being a landlord is a simple job. However, a lot more goes into the position than you may think. That said, when investors first begin their career as landlords, they’re bound to make at least a few minor mistakes. After all, nobody is perfect. But still, the goal is to […]
08
Feb
Feb
Terrible tenants can make your job as a landlord tough. Some of them pay rent late every month, while others are careless and damage your property. Most property owners face the hassle of dealing with difficult tenants at some point, and it is not easy. Fortunately, we have put together a list of types […]
Buying Rental Properties, Owning a Rental Property in Virginia, Property Management, Property Management in Arlington, Property Management in Northern Virginia, Rental, Tips for Investing in Rental Properties, Tips for Landlords, Tips for Tenants
A Guide for Prospective Tenants: What Are the Benefits of Renting?
07
Feb
Feb
Most people look forward to purchasing a home at some point in their life. However, buying a home takes a lot of time, money, and effort. That said, renting is an excellent option for people who want to save money and don’t want the responsibility of owning a home yet. So, let’s go over some […]