Competition in the rental industry has many owners looking to improve their odds of attracting a quality renter. However, a full-scale renovation is costly, and not all improvements truly add value. In a market where profit margins are tight, to begin with, extensive renovations could be financially damaging in more ways than one. Thankfully, some […]
Category Archives: Rental Property Marketing
Owning a Rental Property in Maryland, Property Management, Property Management in Anne Arundel County, MD, Rental Property Marketing, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords, Tips for Property Managers
Which Rental Property Management Software is Best for You?
In today’s busy world, landlords can benefit from technology and specialized software. So, this is a great way to streamline processes, offer added conveniences, and free up valuable time. Therefore, whether your investment portfolio is commercial, residential, large, or small, there is a rental property management software for you! However, with more choices on the […]
A landlord can have the best rental property, but if no one knows it is available, it will never get rented. That is where effective and comprehensive rental property marketing comes in. For landlords, the list of operating expenses is a long one. However, devoting the funds toward a rental property marketing budget and strategy […]
Many people decide to start a career as a self-employed landlord to avoid having to work for someone else and handle unwanted tasks. however, they quickly learn that unpleasant tasks can be an everyday part of being a landlord, no matter how much experience they have in renting properties. If that situation sounds all too […]
As a landlord, you’re not just a person who collects rent checks. You also have to be a maintenance person, a salesperson, a supervisor, and – you guessed it – an advertiser! But maybe advertising isn’t easy for you. Maybe you’re struggling to use marketing tactics to find the top-quality tenants you want. Or, maybe […]
First Impressions Matter Let’s say you’ve just brought a prospective tenant to view your Howard County property. Put yourself in their shoes for a second – what’s your first impression of the property when you look at its exterior? It might be tough to form an unbiased opinion, but envision your property and try your […]
Probably the most common question for most new landlords in Maryland is “How much should I charge for rent? While this is a good question, there are a number of additional considerations property owners must first address in order to arrive at a rental fee. What are the neighbors like? What does the property […]
As a landlord, you probably advertise your property online without a second thought. Posting listings on Craigslist, Rentals.com and other sites gives you an opportunity to place your rental in front of thousands of people already looking for a place to live. But it also makes it easier for the con artists to trick your […]
At Bay Management Group, we know that an unoccupied rental property in a best case scenario is a wasted opportunity. In most cases, however, it’s a money pit that swallows your mortgage payments with no return on investment. That’s why it is important that you find a tenant as fast as possible to start profiting […]