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 […]
Category Archives: Property Management in Prince George’s County, MD
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 […]
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 […]
Buying Rental Properties, Owning a Rental Property in Maryland, Property Management, Property Management in Prince George's County, MD, Rental, Renting a Home in Maryland, Tips for Investing in Rental Properties, Tips for Landlords, Tips for Property Managers, Tips for Tenants
Bedbugs! How to Prevent & Treat Bedbugs in Your Rental Property
Nobody wants to deal with the hassle of removing bedbugs, especially in a rental property. However, bedbugs can easily make their way into your rental home without you even knowing it. Whether they come from someone’s clothes, luggage, or bedding, they can quickly become a nuisance and must be removed immediately. So, let’s go over […]
The rental application and subsequent tenant screening questions are a landlord’s first defense against troublesome tenants. That said, many landlords do not know what they can or what they should ask to secure the best occupant. After all, landlords must be mindful not to violate any Fair Housing Laws with their screening criteria. So, join […]
Moving into your first apartment is an exciting and potentially stressful time. While the freedom of finally having your own space is fantastic, it also means taking on new responsibilities. Leasing an apartment involves legally binding contracts, inspections, and a large financial commitment. Therefore, first-time renters need to do their homework and thoroughly understand the […]
For students in Prince George’s County and across Maryland, the first day of the 2021-22 school year is approaching quickly. Prince George’s County recently announced its plan to return to in-person learning ahead of a September 8th start date. After a year of virtual classes, students, teachers, and parents will have to readjust to schedules, […]
Ideally, when a tenant decides to move on, they provide the landlord with ample notice per the terms of their lease. However, owning and managing a rental property is not always so simple. Occasionally a tenant may break the lease or abandon the property with no evidence of an intent to return. So, while it […]
The goal of any rental property business is to generate sustainable income and profit. However, even as the profits begin to roll in, it is important to plan for every contingency. Most rental markets experience some ebb and flow throughout the year. So, careful financial planning will ensure you save exactly what you need to […]
Virtual home tours are a popular way to showcase a rental property. However, the COVID-19 pandemic made virtual touring a necessary ingredient to success. Using these models allows the viewer free reign to explore the property from the comfort and safety of their own home. Essentially, this creates a 24/7 open house! That said, Matterport […]