Most people across the United States place significant priority on homeownership. Whether it’s a small family looking for their first home or an individual looking to increase their independence, purchasing a home can be a rewarding investment for anyone. However, it takes a ton of planning and preparation to be done correctly. Some people would […]
Category Archives: Property Management in Northern Virginia
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
24
May
May
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 […]
23
May
May
Accommodating all tenants is an essential part of running a successful rental business. After all, landlords involved in discrimination claims can face significant legal or financial penalties. That said, navigating pet laws in your rental can be tricky. For example, what’s the difference between a service animal and an emotional support animal? How can rental […]
02
May
May
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 […]
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 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 […]
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 […]
31
Jan
Jan
Deciding where to purchase real estate in 2022 is on the mind of many rental home investors. First, however, we need to determine what the US rental market will look like for us this year. Although it’s hard to predict, given the last few years we’ve had, we can make some assumptions based on the […]