The rental industry is expected to grow exponentially in the coming years. This multi-billion-dollar industry has sparked a new wave of entrepreneurs starting property management companies to fill a need as investors grow their portfolios. Starting a property management company is much like any other small business. That said, there are some differences specific to […]
Category Archives: Property Management in Pennsylvania
Evictions are an unfortunate event that is sometimes unavoidable. Understanding the legal process is the key to success when the only solution is to remove a tenant from the home. Legal evictions can be a lengthy process of notices, court appearances, and communications. To regain possession of their property as soon as possible, some landlords […]
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. […]
Maintenance repairs present an inconvenience for both landlords and tenants. As such, preventative maintenance tasks are essential to preventing costly and frustrating repairs. But when it comes to the lease, who is responsible for what? Not clearly outlining tenant responsibilities for maintenance from the start can lead to disputes and even more headaches than the […]
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
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, […]
Handling a vacancy can be a nerve-racking experience for landlords. So, when you finally have an approved application and move-in date, it is an exciting time. However, a landlord’s work does not end once the application gets approved. Move-in day requires preparation to go smoothly and create a positive and lasting impression on your new […]
It may come as a surprise to investors but owning and managing vacation rentals is not the same as traditional real estate. That said, the rapidly expanding short-term rental industry continues to provide opportunities for new and seasoned investors alike. However, to be successful, a keen eye for the right location is vital. Additionally, owning […]
The moratorium on evictions is now extended through June 30, 2021. Landlords are left to wonder, is there any end in sight? The answer is a complex and uncertain one. Since the CDC eviction ban has already been extended multiple times, what can a landlord do? According to Moody Analytics, an estimated 7 million households […]
Investing your hard-earned money is a big deal and successful investing takes care. With real estate becoming all the rage in investments nowadays, many individuals wonder whether real estate is better than the traditional stock market. While stocks are more mainstream, real estate is also considered a solid investment under the right circumstances. That said, […]
Not every landlord is familiar with the term “professional tenants.” At first, it may not sound terrible, but it only takes one encounter with one of these individuals to change your mind forever. A professional tenant can quickly become a landlord’s worst nightmare, damaging both the property itself and profits. Continue reading as we help […]