Buying houses to rent is a big decision for investors, especially if you’re new to rental property investing. There’s a lot to consider, like where you’re going to buy property, how you’ll finance the property, and how you’ll run your rental business. One aspect to consider is buying properties in HOA communities–which is becoming more […]
Category Archives: Property Management in Prince George’s County, MD
03
Oct
Oct
Whether you’re just getting started in the rental business or buying your hundredth rental home, finding a profitable investment property is crucial. However, you’ll have to know how to find them. If you don’t know how to search for investment properties and need help finding resources, just keep reading. We’ll go over five steps to […]
22
Sep
Sep
Purchasing rental properties can be a lucrative and realistic investment plan for almost anyone. The best part is that rental properties can provide consistent cash flow without a large investment. However, the key is to understand that the process of buying an investment property is not the same as buying an owner-occupied home. If you […]
23
Aug
Aug
Owning traditional investment properties is a great way to earn consistent passive income. However, owning vacation rentals can offer higher profit margins and room for investment growth. If you’re considering turning your investment property into a vacation rental, read along as we go over the pros and cons, necessities, and marketing tips. What Is a […]
26
Jul
Jul
When it comes to paying rent, many tenants believe it doesn’t matter how they send the money. As long as the money leaves their bank account, rent is paid. However, that’s not always true. Unfortunately, things can happen, and payments can get lost, leaving someone–either you or your landlord–responsible. If you want to avoid any […]
22
Jun
Jun
All landlords want to limit tenant turnovers and vacancies as much as possible. Sometimes, this means marketing your rental property while another tenant still occupies it. That said, there are several things to consider while marketing and showing a tenant-occupied rental property. Keep reading to learn how to market a rental that’s currently occupied and […]
18
May
May
Every landlord must follow certain rental property laws, and they differ depending on which state and city they’re in. As you can imagine, rental property compliance is essential in running a successful rental business. However, it all depends on the location of your rental property and local ordinances in that area. So, if you’re wondering […]
15
Apr
Apr
Setting the right price for your rental property is a massive part of running a successful rental business. However, it’s not as easy as it sounds. Pricing a rental property fairly takes time, research, and resources. After all, you don’t want to miss out on profits by either setting your rent too low or too […]
18
Mar
Mar
Investing in real estate is a great way to earn income and create long-term wealth. However, it’s crucial to understand the key factors of analyzing an investment property to maximize your investment’s potential. After all, investing in real estate is a significant financial decision, and you must be wise to be successful. Today we will […]
15
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 […]