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Category Archives: Tips for Landlords

Leasing Policies: The Good, the Bad, and the Ugly

positive-neutral-negative-home-1 | | Bay Property Management Group

Drafting a comprehensive lease agreement is one of the most important things you can do when leasing your Baltimore County home. As a landlord, it is your responsibility to set the standard high for tenants from the beginning when it comes to your investment property.  Otherwise, you cannot expect your tenants to take you seriously. […]

The Case Against Move-In Incentives

Incentives-for-Tenants-in-Anne-Arundel-County-MD-1 | | Bay Property Management Group

A move-in incentive is generally something that motivates a potential tenant to move into your rental property. The same applies to those already leasing your property; a move-in incentive can be something that motivates them to renew their lease with you. These incentives are essentially bonuses or discounts for living in your home. The question […]

Think You’re Ready to Be a Landlord? Here are the Pros and Cons

Pros-and-Cons-of-Being-a-Landlord-in-Maryland-1 | | Bay Property Management Group

If you’ve never purchased rental property, you may think that being a landlord sounds like an easy way to make a bit of somewhat passive extra income. While it can be an appealing career option and offers many benefits that traditional jobs do not, it also comes with a unique set of challenges. So, if […]

Long-Term Landscaping for Your Montgomery County Rental

maryland-property-owners-consider-landscaping-to-attract-tenants-1 | | Bay Property Management Group

One of the biggest first impressions left on potential tenants looking to <href=”https://www.baymgmtgroup.com/property-management-montgomery-county/”>rent your Montgomery County home is the outside curb appeal. Think about it. When someone pulls up to your highly sought after Potomac property, located in an exclusive, beautiful, and well-maintained community, tenants expect the same to be true of your rental home’s […]

6 Ways to Turn Tenants into Raving Fans of Your Landlord Business

How-Landlords-Can-Build-Strong-Relationships-with-Howard-County-Tenants-1 | | Bay Property Management Group

While you’re relieved to have good tenants, your tenants are happy with a landlord they like and trust. But being a good landlord to your tenants won’t just keep them happy – it’ll likely help you as well by allowing you to keep long-term tenants in your properties and avoid the costs that result from […]

The Landlord’s Guide to Financing a Maryland Rental Property

Financing-Maryland-Income-Properties-700x400-1 | | Bay Property Management Group

If you’re looking for a great way to make some income in addition to your full-time job (or to make enough income to replace it), you’ve probably considered starting a rental property business. But maybe you’re feeling uncertain about how it all works. Specifically, you might be wondering what options you have when you’re looking […]

4 Scary Tenant Types and How to Handle Them

Scary-Tenant-Types-in-Howard-County-and-How-to-Handle-Them-700x400-1 | | Bay Property Management Group

As a landlord, you do not want just anyone leasing your rental home. You want good quality people that will pay their rent on time, respect your property, and follow the terms of the lease agreement. As if handling a rental property wasn’t enough, the last thing a landlord, or their Howard County property management […]

The Property Manager’s Guide to Renting to Millennials

How-to-Rent-to-Millennials-in-Howard-County-MD-700x400-1 | | Bay Property Management Group

Did you know that 60% of renters are under the age of 40? Many of these renters are millennials, ranging in age from 18 to 34 as of 2015. Often, they prefer renting over home ownership because: They are paying off huge amounts of student debt and cannot afford home ownership. Their career requires them […]

How to Hold a Successful Open House: 7 Tips for Landlords

Tips-for-Maryland-Rental-Property-Open-Houses-700-1 | | Bay Property Management Group

Holding an open house is one of the most effective ways to attract new tenants to your property. At first, this may seem like the easiest process ever. You might think that all you need to do is open the doors and let whoever shows up walk inside and look around. But it isn’t always […]

What Landlords Need to Know about Mold in Rental Properties

Anne-Arundel-County-Property-Management-Tips-for-Landlords-Dealing-with-Mold-Problems-1 | | Bay Property Management Grou

Mold contamination in homes, offices, and other indoor environments have been on the rise over the past 20 years. Though no one wants to hear that their rental home has mold polluting the air their tenants breathe, it is more common than one might like to admit. Unfortunately, discovering mold in your rental property can […]