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

Who Pays For Rental Property Improvements? What You Need To Know

Posted on February 22, 2018September 21, 2018 by Bay Management Group

As an owner of a residential rental property, you already know that you are responsible for paying the property taxes and maintenance costs, but what if your tenant requests upgrades and improvements? What if they want a new refrigerator, a different style of carpet, or upgrades to the bathroom? While landlords are always free to … Read More

10 Questions to Ask When Hiring a Property Manager

Posted on January 26, 2018September 21, 2018 by Bay Management Group

Having a qualified and professional property manager to operate your residential and commercial structures is absolutely vital. There’s a lot that goes into taking care of a rental property, from physically maintaining it, to filling it with renters, and much more. For this reason, you need to ensure that you’re hiring somebody worth their salt. How … Read More

Bay Management Group’s Top Property Management Tips of 2017

Posted on December 23, 2017December 20, 2017 by Bay Management Group

Becoming a successful landlord takes time, money, and patience. But most of all, it takes knowledge and experience to build a successful Maryland rental property business. Here at Bay Management Group, we have what it takes to make it in the rental property industry – years of experience and a knowledgeable staff, complete with Maryland … Read More

Hiring a Property Management Company Saves You Time and Money

5 Ways a Property Management Company Saves You Time And Money

Posted on December 22, 2017December 22, 2017 by Bay Management Group

Self-managing your Laurel rental property may sound like a good idea initially. However, what you may not realize when you get into the rental property business is how much work is involved, and how much money needs to go into properly managing every aspect of your tenant’s stay in your investment property. Not understanding the … Read More

Renovations to Keep Your Owings Mills Tenants Happy & Complaint-Free

4 Renovations To Keep Your Tenants Happy & Complaint-Free

Posted on December 21, 2017December 21, 2017 by Bay Management Group

Keeping your tenants happy is the best way to continue collecting a consistent stream of rental income, prevent an unnecessary vacancy, and of course, build your Owings Mills rental property business into one that is reputable and successful. That said, how you keep your tenants happy can be challenging at times. There are so many … Read More

Why Move-In Inspections Are Essential For Your Rental Property

Top 4 Reasons Why Detailed Move-In Inspections Are Essential

Posted on December 14, 2017December 14, 2017 by Bay Management Group

Any time you place a new tenant into your Bel Air rental property, you must conduct a thorough move-in inspection – even if you think that your rental is in tip-top shape. But you and your property management company tirelessly prepared your rental for new tenants, made sure that everything was clean, in good working … Read More

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