Do you need a rental license for your Philadelphia investment property? Obtaining a Philadelphia rental license requires several compliance items to get started, but Bay Property Management Group Philadelphia can guide you in the process. Things To Do Before the Rental License There are items you will need in hand when you go to […]
Category Archives: Property Management in Philadelphia
29
Apr
Apr
Are you wondering if your tenants are required to pay May rent amid COVID-19? The short answer is yes, but the answer is more complicated. As of now, the “no eviction” policy will end at the end of April. However, an extension is likely, as much of the country is still on lockdown. This will […]
21
Apr
Apr
As a Philadelphia landlord, you may be asking, “Should I collect first and last month’s rent?” Some landlords require first, last, and the security deposit, while others may just require first month’s rent and the security deposit. There are pros and cons to asking for first and last month’s rent. If you’re considering the best […]
06
Apr
Apr
Avoiding eviction mistakes is paramount for Philadelphia landlords. Evictions are complicated and if the laws and regulations aren’t followed to the tee, serious consequences can occur for landlords. Several common mistakes are easily avoidable, yet landlords and property managers continue to make them. Take a look at these ten common mistakes landlords make when evicting […]
27
Feb
Feb
One of the benefits of living near Philadelphia is access to some of the top employers in the nation. Philly’s top employer is the federal government, but that’s only the beginning of the story of the best employers in Philadelphia. If you’re wondering what it is like living and working in Philadelphia, we’ve got a […]
Property Management in Baltimore, Property Management in Howard County, MD, Property Management in Maryland, Property Management in Northern Virginia, Property Management in Philadelphia, Property Management in Washington, D.C., Tips for New Landlords, Tips for Property Managers
How to Create the Perfect Welcome Package for Your New Tenant
11
Feb
Feb
Making a good first impression is one of the best ways to foster a healthy tenant/landlord relationship. As a landlord, consistently building upon these relationships helps keep tenants happy and in your property for the long haul. This is important since losing a tenant can be costly for your rental property business. So, how can a property owner start […]
06
Feb
Feb
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. […]
30
Jan
Jan
In the previous two segments, we focused primarily on the financial aspects of choosing a good tenant, including income verification and analyzing credit histories. Today we’ll be looking into the more personal aspects of your prospective tenants: background checks and rental verifications. Both of these activities are meant to help you exclude anyone who might […]
30
Dec
Dec
Credit reports are a significant part of the tenant screening process as a person’s credit is a direct correlation to their trustworthiness to pay back their debts. In this second installment of our three-part Tenant Screening series, we’ll be focusing on this portion of application screening in PA. Understanding an applicant’s financial history is critical […]
02
Dec
Dec
Screening new tenants for your rental property is probably one of the most important tasks you will have as a landlord. There are many aspects of a tenant application to consider and several Philadelphia tenant laws to be aware of. For that reason, we’ll be doing a three-part series to make sure you have the […]