While many benefits come with investing in real estate, tax time can still be a significant source of stress for property owners. Investors that aren’t well versed in tax requirements, deductions, and processes may quickly become overwhelmed. At the same time, the Covid-19 pandemic has posed many tax changes for people worldwide, including landlords and […]
Category Archives: Property Management in Pennsylvania
No family or individual should fall victim to housing discrimination, but unfortunately, it happens from time to time. That said, when you own a rental property, there are specific protocols that you must follow. For example, the 1968 Fair Housing Act prohibits discrimination against tenants. In addition, housing discrimination claims can have tremendous legal and […]
Maintenance within a rental home is necessary for both landlords and tenants. Although landlords have many responsibilities within their rental properties, tenants must keep up with regular maintenance procedures to maintain a safe living space. With that, it’s imperative to outline landlord and tenant responsibilities clearly from the start. Failure to state maintenance procedures for […]
New Home-Building Trends If you are a real estate investor looking to step up your rental property game, it’s essential to recognize new home-building trends. Like how fashion trends change, home design trends change too, just a little less drastically. These days, homes are built and designed much differently than ten years ago. For example, […]
A Property Investor’s Guide to End of Year Tax Planning The endless amount of tasks associated with end-of-year tax planning can be challenging for rental investors. Therefore, we recommend hiring a property management company to assist with tax filing. That said, whether you hire a professional company or file your taxes yourself, you’ll want to […]
If you live on the East Coast, you know that the winters there are no joke. However, despite the snow and freezing temperatures, there are countless holiday events throughout Pennsylvania for the whole family. Whether it’s visiting a Christmas village or attending your favorite holiday market, there’s sure to be something for everyone to enjoy. […]
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 incredible team members and how they each contribute something special to our property management company. […]
Owning rental property can be a lucrative investment, but only if managed effectively. As the rental industry grows, more investors are looking to this sector for passive income opportunities. However, with reward comes a certain amount of risk. While valuable tips for new landlords are everywhere, a crucial part of success is understanding what not […]
The first deep freeze of the year is right around the corner. Cold weather brings several hazards, including frozen pipes which can lead to devastating repairs. Not to mention, this is a massive inconvenience for both tenants and landlords. That means as an owner, ensuring tenants have properly winterized the property should be a top […]
While it should go without saying that no individual or family should become a victim of housing discrimination – it can and does happen. As a landlord, housing discrimination claims can have devastating legal and financial consequences. Therefore, understanding the origins and rules of the Fair Housing Act is necessary. These federal fair housing laws […]