Whether you’re moving to your first or 50th rental property, you may budget differently depending on where you live. For instance, sometimes utilities are included in the monthly rent amount, while other times, you must pay each utility separately. Additionally, your expenses while living in a home may differ from your rental expenses. So, if […]
Category Archives: Property Management in Washington, D.C.
07
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. […]
27
Jan
Jan
Discovering that an unauthorized person is living in your rental property is a very stressful situation. As a landlord, it is your duty to protect the property and ensure that only authorized and vetted individuals live in the unit. Unfortunately, despite having a rock-solid lease agreement, there may be times when a tenant’s guest(s) overstay […]
11
Jan
Jan
Owning and operating rental properties is quite costly. After all, you have to consider taxes, utilities, and property management services. Unfortunately, these costs go up over time, leaving landlords with even higher expenses. To compensate for rising costs, landlords may have to increase rent each year. However, it’s essential to know the laws and proper […]
06
Dec
Dec
When you own rental properties, there are several documents to draft, sign, store, and manage. That said, when you’re dealing with sensitive or legal documents, it’s crucial to store them securely and efficiently. After all, the privacy and safety of your tenants are top priorities So, what’s the best way for landlords and property managers […]
28
Nov
Nov
Finding affordable housing is difficult for most renters, especially if you live in a college town. Unfortunately, rates are so high right now that many college students aren’t sure how they will afford to live near campus. That said, let’s go over rising rental rates in Washington DC and how students can find reasonable housing […]
11
Nov
Nov
Maryland is one of the dozens of states that have what is commonly known as a “repair and deduct” law on the books. Designed to protect tenants against negligent landlords, this law includes strict guidelines that dictate what types of repairs a property owner is responsible for. It also includes the steps tenants can take […]
07
Nov
Nov
Taking pictures of your rental properties seems like a simple concept. However, property owners need to put in time and effort to get high-quality photos. In addition, if you want to get your rental listings noticed, it’s crucial to give tenants a realistic idea of your property and showcase your best amenities. So, if you […]
24
Oct
Oct
As we approach 2023, many investors are looking for smart investment strategies. Whether you want to expand your investment portfolio or jump into real estate investing, multifamily housing can be an excellent option. After all, small multifamily homes are highly profitable and a great choice for investors looking for large profit margins. So, if you […]
10
Oct
Oct
Landlords in the industry know that property management is not a standard 9 to 5 job. Maintenance is a task that requires a significant amount of time and coordination. But, how do landlords handle rental property emergency maintenance after hours? No one wants to get that call; however, it is essential to quickly and efficiently […]