The rental industry is expected to grow exponentially in the coming years. This multi-billion-dollar industry has sparked a new wave of entrepreneurs starting property management companies to fill a need as investors grow their portfolios. Starting a property management company is much like any other small business. That said, there are some differences specific to […]
Category Archives: Property Management
27
Aug
Aug
Being a landlord is no easy task. While it definitely has its benefits, sometimes the negatives outweigh the positives. Managing the day-to-day rental properties can be a demanding, time-consuming job that can take over your life. If managing your investment has started to feel like a burden, you may already be looking for a solution. […]
18
Aug
Aug
Evictions are an unfortunate event that is sometimes unavoidable. Understanding the legal process is the key to success when the only solution is to remove a tenant from the home. Legal evictions can be a lengthy process of notices, court appearances, and communications. To regain possession of their property as soon as possible, some landlords […]
06
Aug
Aug
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. […]
13
Jul
Jul
Facilitating property tours for prospective tenants is an essential part of being a landlord. In fact, this step in the process is just as crucial as marketing to and screening potential renters. Most landlords realize that showing their property in the best possible light is crucial. Sometimes a deep clean, staging furniture, or boosting […]
Owning a Rental Property in Pennsylvania, Property Management, Property Management In Montgomery County, PA, Property Management in Pennsylvania, Property Management in Philadelphia, Tips for Investing in Rental Properties, Tips for Landlords
Understanding Rental Property Pricing in a Seller’s Market
09
Jul
Jul
Housing prices continue to soar in many areas as supply still struggles to keep up with demand. This increased demand and low supply creates a strong seller’s market within the real estate industry – but where does this leave rentals? The truth is, the rental market does take some cues from the housing market. Therefore, […]
24
Jun
Jun
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 […]
18
May
May
Over 5.7 million people call The City of Brotherly Love their home. Therefore, it is no surprise that Philadelphia offers an eclectic urban feel popular with both young professionals and families alike. Yet, part of what makes this city great is accessibility. Moreover, whether you rely on car transportation or public transit options, many of […]
11
May
May
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 contribute something special to our property management company. Therefore, […]
If you own a multi-family building and are looking to attract potential tenants to rent out your spaces, you must keep up with the remodeling trends they’re interested in. It’s the little details that will make your property stand out from the rest! The following remodeling trends are details that potential tenants will keep an […]