Finding a reputable property management company

How to Find a Reputable Property Management Company in Baltimore, Maryland

Posted on September 27, 2018September 27, 2018 by Bay Management Group

With increased technology and globalization, cities are becoming more and more transient. When a landlord decides to up and move to a new city, one of the big decisions they face is what they are going to do with their home. Homeowners typically have two choices; they can either sell the property, or rent it … Read More

How Much Do Property Managers Charge in Baltimore?

Posted on September 25, 2018 by Bay Management Group

Being a landlord in Baltimore certainly has its benefits, but it’s not always easy. Fortunately, when you partner with the right property management company, they do the hard work for you. Finding the right property management can be tough. You need a firm with an awesome reputation, outstanding customer service, and the willingness to go … Read More

Property Management 101 for New Landlords in Baltimore

Posted on September 18, 2018September 18, 2018 by Bay Management Group

Being a landlord can be quite exciting. You get to meet new people, troubleshoot problems, and be your own boss. Of course, there are also a lot of things you need to know before you jump into such an endeavor. If you’re considering becoming a landlord in Baltimore and you’re wondering how to manage a … Read More

Renting vs Buying a House: The Millennial Debate

Posted on September 11, 2018September 11, 2018 by Bay Management Group

If you ask the older generations what was their best investment during the course of their life, a lot of them would say their home. The general premise is that over time, houses tend to appreciate in value, and you end up paying off the debt year over year, so down the road you have … Read More

Investing in Rental Property is a Big Decision

Posted on August 10, 2018September 21, 2018 by Bay Management Group

However, rental property investing is a decision that has the potential to reap some incredible benefits. That is, as long as the real estate investment you’re making is one based on knowledge, and is not something you’re blindly going into. Knowing as much as possible ahead of time about the rental property you’re looking into, … Read More

Professional Property Management Case Study

Posted on August 8, 2018September 21, 2018 by Bay Management Group

Many real estate investors typically start out managing their own investment properties to “save” money. This was the case with our Philadelphia investors who came to Bay Property Management Group Philadelphia with both management and tenant challenges. This is a Property Management Case Study to help show how in an effort to save money by … Read More

Baltimore Neighborhoods – Some of the Highest Rated

Posted on July 23, 2018September 21, 2018 by Bay Management Group

Federal Hill, is a beautiful historic neighborhood, overlooking the South Baltimore harbor that ranks high in the best places to live in the city (3rd). Federal Hill itself forms a community park and outer edge of the neighborhood. The historic Federal Hill takes its name from the celebrated ending of the parade after the Constitution … Read More

12 Questions to ask your Property Management Company Before you Hire Them

Posted on July 5, 2018September 21, 2018 by Bay Management Group

When choosing a potential Property Management company to help you out with your investment properties, there are a few things you should always consider? Here are 12 questions you should probably ask any company before you make a decision. The first thing you will want to find out is how long the company has been … Read More

The True Costs of Tenant Turnover

Posted on June 29, 2018September 21, 2018 by Bay Management Group

The actual cost of tenant turnover can range from a few hundred to a few thousand dollars, depending on the notice given, the time the property is left vacant, the property condition and the amount of items that need to be replaced, cleaned or repaired to get the property back to its “move in” condition. … Read More

4 Ways to Avoid Tenant Problems from the Start

Posted on May 1, 2018September 21, 2018 by Bay Management Group

“Intellectuals solve problems – geniuses avoid them.” Albert Einstein When dealing with tenants in long-term rental properties, the quote above offers some wise advice. Your ability as a landlord to avoid potential problems before they start can save you vast amounts of trouble and money. Here are four time-tested ways to set yourself … Read More

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