The COVID-19 pandemic has changed and shaped everyone’s lives in one way or another–including renters, landlords, and property managers. In fact, the pandemic has changed several aspects of the rental market throughout the past few years. For example, renters are looking for certain amenities and landlords need to keep up with the changing wants and […]
15
Apr
Apr
Setting the right price for your rental property is a massive part of running a successful rental business. However, it’s not as easy as it sounds. Pricing a rental property fairly takes time, research, and resources. After all, you don’t want to miss out on profits by either setting your rent too low or too […]
14
Apr
Apr
Owning a rental property with a pool can pose several perks for landlords and tenants. Pools can add value to your rental home, attract higher-paying tenants, and create a fun environment for families. On the other hand, renting with a pool requires extra maintenance and can increase the chances of liabilities. If you’re considering renting […]
13
Apr
Apr
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 and how they each contribute something special to our property management company. […]
12
Apr
Apr
Are you a frustrated tenant or landlord wondering what government officials can do to help the ongoing housing crisis? Luckily, some officials are stepping up and making changes. Recently, Baltimore Mayor Brandon M. Scott has announced that he’s directing $100 million towards neighborhood revitalization, tenant protections, and affordable housing in Baltimore. However, where is this […]
12
Apr
Apr
Nothing brings Summer fun to a halt faster than a broken-down HVAC system. For tenants, this is an uncomfortable hassle, but for landlords, it is a potentially costly repair. Industry experts agree that the best way to prevent an unfortunate HVAC breakdown is through proper maintenance and care. However, some of that responsibility falls on […]
11
Apr
Apr
Every landlord aims to secure quality tenants to occupy their rental properties. However, that’s not always the case. In fact, there are a few scenarios that can put a huge roadblock in finding new tenants. One of the worst-case scenarios is discovering squatters in a rental home. A squatter could be a tenant who refused […]
07
Apr
Apr
While maintenance is not an ideal task for landlords and tenants, it’s necessary for all multi-family properties. That said, property maintenance doesn’t just mean cleaning the property every once in a while, there’s more to it than that. Multi-family property maintenance includes ensuring each rental unit is safe and in working order. Let’s go over […]
06
Apr
Apr
For landlords, keeping good tenants in your rental properties is the ultimate goal. However, it’s hard to know whether your tenant will be good or bad without a tenant screening process. Tenant screening can help you distinguish the quality tenants from the terrible tenants. However, many landlords aren’t sure what questions to ask or how […]
05
Apr
Apr
When a lease is about to end, landlords have a decision to make–find a new tenant or renew the lease agreement. Depending on the situation, the answer may be apparent. After all, finding new tenants can sometimes be difficult, and no landlord wants to deal with vacancies. However, if your current tenant isn’t the best […]