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 […]
Category Archives: Property Management in Philadelphia
12
Apr
Apr
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 contribute something special to our property management company. Therefore, […]
30
Mar
Mar
For as long as the rental industry has been around, scammers have been looking to take advantage of both landlords and tenants. Whether you are searching for or listing an apartment to rent, understanding the potential for scams will help keep you protected. So, join us below as we discuss common tenant scams, what to […]
02
Mar
Mar
As a landlord, the goal is to rent your property quickly to tenants who will pay in full and on time. Therefore, one way to increase the applicant pool is to become a Section 8 landlord. By working with the Pennsylvania Housing Authority, owners can get approved for a housing program for low-income families and still […]
28
Jan
Jan
The question for the day is, what will 2021 hold for the US rental market? No matter what the economic outlook post-COVID-19, individuals will always need a place to call home. That said, investors can count on a large portion of those individuals being renters. However, while the pandemic’s effects are still playing out, the […]
04
Jan
Jan
Property turnover is inevitable in the rental industry. When it happens, landlords become overwhelmed by a myriad of repair and cleaning tasks. All of which are important steps to making the home ready for a new tenant to move in. However, one of the traits of successful landlords is planning ahead for the eventual vacancy. […]
14
Dec
Dec
All the tasks associated with managing investment property accounting can seem overwhelming, especially if a landlord lacks the proper foundation and processes needed. Unless you employ a CPA or professional property management company, tax time could prove to be a busy and stressful time. So, continue reading below as we outline tips to prepare for […]
14
Dec
Dec
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 contribute something special to our property management company. Therefore, […]
30
Nov
Nov
Landlords have many questions about their rights surrounding Section 8 requirements and restrictions. Can landlords refuse to rent to a voucher holder? No. In Baltimore City, landlords cannot refuse a tenant based on them having a housing voucher. Additionally, Fair Housing Law protects Baltimore City residents from discrimination based on the source of income, which […]
18
Nov
Nov
As 2020 ends, the forecast for 2021 presents many questions. How will COVID-19 continue to affect the market? Is now a good time to invest in property? For landlords navigating the hold on evictions and rent freeze orders across the country, the future seems uncertain. Much of the United States is still rebuilding, but some […]