Tenants dread evictions—and for a good reason. When you are evicted, that event will likely be included in your rental history. Your landlord or property manager could take notice. So, the big question is, how long does an eviction stay on your record? Let’s break down why evictions are recorded, how long they stay on your […]
Category Archives: Property Management Delaware County
15
Jul
Jul
Safety and security are important aspects of any homeowners association. After all, who doesn’t want to feel safe in their community? Whether you implement a neighborhood watch program or install security systems in public areas, there are plenty of ways to up your HOA’s safety and security. Read on to learn who’s responsible for safety […]
30
May
May
Are you running out of ideas for your monthly newsletter? Unsure of what topics to cover? HOA board members and property managers use newsletters to share updates and important information with community members. However, there may be confusion about what to include and what not to include in the monthly HOA newsletter. Today, we’ll discuss […]
29
Apr
Apr
As an HOA member, you’re required to pay dues or fees to join the community. That said, it’s important to know where your money goes. Part of the reason you pay dues is to cover HOA insurance. But what does that mean, exactly? Today, we’ll discuss HOA insurance, what it covers, and whether or not […]
15
Nov
Nov
The short-term rental market is growing stronger and stronger as time goes on. Short-term rental properties have gained significant popularity among renters and landlords, as they’re more convenient for travelers and profitable for investors. However, does that make it a sound investment strategy for you? Well, it depends on several different factors. In the following […]
31
Oct
Oct
Rental property owners have a significant responsibility when tax time comes around. After all, landlords are responsible for reporting rental property income on their tax returns each year. While filing taxes, rental owners must declare all payments they receive as rental property income. Then, investors can deduct qualifying expenses from the total revenue. If you’re […]
27
Jul
Jul
The initial rental application is one of the most important forms for landlords and tenants. However, knowing what to include on the application and knowing how to evaluate each applicant’s information is a crucial step in the process. Today, we’ll go over the importance of the rental application process and rental application mistakes for landlords […]
12
Jul
Jul
Landlords or property managers run various checks on prospective renters during the tenant screening process. Aside from speaking to references and performing background checks, analyzing a tenant’s credit report is important. After all, a credit check can reveal a prospective tenant’s likelihood to pay rent on time each month. However, a good credit score doesn’t […]
30
May
May
Owning rental properties can be a highly lucrative and profitable business. However, finding tenants that will keep your properties in good condition and free of damage is important. Part of preventing significant property damage is conducting a thorough tenant screening. But that doesn’t stop all property damage caused by tenants. In today’s article, we’ll go […]
21
Apr
Apr
At Bay Property Management Group, we often get questions from our clients asking for advice about pet policy. For example, should you allow pets in your rental property? There are both pros and cons of allowing pets on your income property, and we are here today to help you make a more informed decision. So, read […]