Purchasing real estate is an exciting time, especially if it’s your first property. However, there are several processes to consider and prepare for beforehand. After all, you don’t want to buy real estate without setting goals, researching loan options, and saving money for a down payment. So, read along while we review our top ten […]
11
Jan
Jan
Owning and operating rental properties is quite costly. After all, you have to consider taxes, utilities, and property management services. Unfortunately, these costs go up over time, leaving landlords with even higher expenses. To compensate for rising costs, landlords may have to increase rent each year. However, it’s essential to know the laws and proper […]
10
Jan
Jan
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 awesome team members and how they each contribute something special to our property management company. […]
09
Jan
Jan
Over the past year, mortgage rates have skyrocketed, negatively affecting the affordability and demand of real estate. However, as the market starts to correct, investors are curious about where mortgage rates are headed in the new year. Read along as we review some mortgage rate predictions for 2023 and how to get the best rate […]
06
Jan
Jan
Whether you’re just getting started in the rental business or buying your hundredth rental home, finding a profitable investment property is crucial. However, you’ll have to know how to find them. If you don’t know how to search for investment properties and need help finding resources, just keep reading. We’ll go over five steps to […]
06
Jan
Jan
Not long ago, wealthy people were often seen buying property for investment on the outskirts of major cities. However, more than ever, urban centers are less deprecated, and neighborhoods in even the most run-down parts of major cities are being revitalized and transformed. That’s why it may just be the best idea ever for landlords […]
05
Jan
Jan
No matter what industry you go into, it’s important to learn as much as you can about it. But, when it comes to real estate and rental property management, there’s a lot to keep in mind. So, read along as we go over some of the most common real estate and rental property management terms […]
04
Jan
Jan
Understanding each stage of the real estate cycle is a vital part of being an investor. Although the housing market cycle is closely connected to the general economy, you can’t assume that they always correlate. As such, it’s important to understand the four stages of the real estate cycle to help prepare for future investments. […]
03
Jan
Jan
Before purchasing a new rental, you’ll want to inspect the property and investigate any potential issues. However, before that step, some buyers request a Comprehensive Loss Underwriting Exchange (CLUE) report from the sellers. A CLUE report indicates any previous insurance claims for damages, thefts, and more. If you’re unfamiliar with a CLUE report in real […]
Buying Rental Properties, Owning a Rental Property in Pennsylvania, Property Management, Property Management in Pennsylvania, Property Management in Philadelphia, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
10 Tax Deductions That Landlords Miss: A Guide for New Investors
02
Jan
Jan
Tax time is a particularly stressful time for most people, especially rental investors. After all, landlords need to determine what they can write off without making mistakes on their legal tax documents. Unfortunately, deductions sometimes get missed, excluding some significant tax benefits. To avoid missing out on tax benefits, read along as we go over […]