Category Archives: Property Management in Philadelphia

If the purpose of an investment property is to provide an income for the property owner, then it can be an entirely frustrating situation when a tenant becomes delinquent on his or her rent. What can a landlord do with an unruly tenant? In most cases, landlords turn to the legal system and begin the […]

Flood prevention is an essential part of managing a rental property as damage from flooding can lead to expensive repairs and loss of income. The weather can often be unpredictable, but the path of flooding from natural events can be anticipated as most floods occur in subterranean areas like basements or basement apartments. Here are […]

One question we frequently get from landlords is what can be done to add value to their rental properties. Last time, we discussed how to upgrade your kitchen to improve the quality and achieve a higher rent. This time, we’ll go over a few items that do not add much value to a rental property […]

When investing in a rental property in PA, the incentive is often to find something with a very low purchase price to increase the profits from the rental income. In most cases, investors looking at single-family homes at rock-bottom pricing are looking to purchase through a sheriff’s sale, an REO bank-owned house, or a private […]

Rather than waiting for tenants to report every problem, having a proactive approach to your assets will save you money in the long run. Most Philadelphia landlords are aware of the benefits of cleaning, making repairs promptly, and performing proper maintenance on items such as roofs and gutters. However, several less obvious things can be […]

The federal government banned the use of lead-based paint in 1978. According to the 2015 American Community Survey 5-year estimates, 69 percent of Pennsylvania homes were built before 1978. So, roughly 86 percent of the homes in the City of Philadelphia were constructed before the mandated change. While the state of Pennsylvania does not require lead-based […]

Investing in single-family and multi-family homes around universities can be a challenge for some investors, but it is also an endeavor that can pay off when done correctly. Before diving into investment property in a university town, here are a few things to keep in mind so you can find success. Location is Critical Your […]

Protecting your Philadelphia investment property from damage or vandalism is always a concern. Along with the safety concerns of your tenants, this type of destruction can be costly – especially if you’re unable to determine who is responsible for causing the problem and must cover the repairs yourself. To ensure you and your tenants are […]

In theory, a home warranty always sounds like a good idea, right? By default, you’re backing up a big investment with a guarantee that it’ll last a certain amount of time or perform at a specified level without breaking, damaging, or being deemed unusable. A lot of homeowners ask our team at Bay Property Management […]

When you’ve chosen the right renter, you have certain expectations—you expect that person to respect your property, pay rent on time, and reside within your space for the amount of time specified on your lease. Above all, you expect them not to let anyone else stay in the space they’ve contracted with you. Subletting can […]