No Baltimore landlord likes a vacant property. Worries about loss of income, damage to the property, and theft can cause many sleepless nights. And while vacancies are an unwelcome downside to being a landlord, there are steps you can take to reduce the possibility of an unoccupied property. Let’s jump right in and take a […]
Category Archives: Tips for Property Managers
13
Jun
Jun
You might feel hesitant to rent to students. Maybe you’ve heard stories of wild parties where students trash their house, or maybe you’re concerned that students don’t make enough money to pay rent on time every month. However, if you screen every tenant thoroughly and clearly explain your rules, you might find that renting to […]
01
Mar
Mar
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 […]
14
Dec
Dec
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 […]
11
Dec
Dec
One of the biggest first impressions left on potential tenants looking to <href=”http://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 […]
08
Dec
Dec
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 […]
18
Nov
Nov
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 […]
13
Nov
Nov
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 […]
27
Oct
Oct
Aspiring landlords may think that renting out properties is a quick, easy way to make a substantial amount of income. However, seasoned landlords know the reality of the situation – lots of hard work (not to mention time) is required to achieve financial success. You can’t just buy any property and rent it out – […]
23
Oct
Oct
Renting a home comes with its fair share of benefits for tenants, one important one being minimal maintenance responsibilities. However, it is important that your Baltimore County tenants understand the role they play in rental home maintenance and know that some maintenance issues can and should be handled themselves. Although it is normally required that […]