The COVID pandemic has changed many things in the rental industry. However, landlords must have comprehensive and fair rental screening policies that remain consistent. That said, many renters had their income interrupted or even faced eviction due to the pandemic. So, how should future landlords view these circumstances? The trouble is, without thorough screening, landlords […]
05
Oct
Oct
.. 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 incredible team members. Thus, each contributes something special to our property management company. Therefore, […]
04
Oct
Oct
For already cash-strapped tenants, paying thousands of dollars in an upfront security deposit becomes a barrier to necessary housing. According to Paraag Sarva, CEO, and co-founder of Rhino, residential security deposits total $40 billion in just the U.S. market. But is there any alternative when a security deposit is vital to protecting the landlord and […]
30
Sep
Sep
The COVID pandemic and resulting eviction moratoriums changed the dynamic between many tenants and landlords. While restrictions ramped up, the government stepped in to provide emergency relief to those facing financial hardship due to COVID. Both the CARES Act and American Rescue Plan Act promised crucial funding, but so far, only a tiny fraction has […]
29
Sep
Sep
The rental industry is governed by federal, state, and local landlord-tenant laws. Therefore, both tenants and landlords must understand their rights and responsibilities. Although tenants must hold up their end of the lease, landlords are held to a very high standard regarding habitability standards, building codes, and fair housing. Continue reading below as we examine […]
28
Sep
Sep
A chill is in the air, the leaves are falling, and your HVAC system is probably the last thing on your mind. As a rental property owner, Fall brings with it many maintenance tasks like cleaning gutters and checking for leaks. However, to keep tenants comfortable all year long, it is essential to service the […]
24
Sep
Sep
At one point, cookie-cutter hotels and motels were a traveler’s only option – but those days are gone. The rapidly growing short-term vacation rental industry offers travelers nearly endless possibilities. Thus, this multi-billion-dollar industry has attracted the attention of rental investors looking to cash in on this latest trend. However, owning short-term rentals includes some […]
23
Sep
Sep
Can landlords evict a non-paying tenant? This continues to be the question on millions of tenant’s and landlord’s minds across the country. Unfortunately, however, many landlords were left confused and frustrated by the changing, and sometimes contradictory, federal and state guidelines throughout the pandemic. In addition, emergency relief programs have struggled to get desperately needed […]
22
Sep
Sep
Normal wear and tear are something every landlord must deal with at one point or another. On the other hand, handling tenant damage is a different process entirely. In many cases, determining the difference between normal wear and tear versus tenant damage is a fine line. In addition, this can be a significant source […]
21
Sep
Sep
As the weather and leaves begin to turn this Fall, not everyone immediately thinks of landscaping opportunities. But in fact, the Fall is the ideal time to complete essential outdoor maintenance to ensure your rental property stays protected and beautiful all year long. While the property owner should complete major tasks, there are several things […]