Owning a rental property is a great way to build long-term wealth through passive income. As interest rates continue to stay at near-record lows, now is the time to consider an investment. Home values are rising across the country which creates a need for affordable rental housing. Renting is a desirable lifestyle for many generations […]
Tag Archives: benefits of property management
27
Nov
Nov
As a landlord, how many late rent payments have you received? The answer is probably more than a couple. Collecting and managing the rent payment process is a significant concern for landlords and property owners. Nobody wants to chase down money or face the uncertainty of payments “lost in the mail.” So, what is the […]
24
Nov
Nov
Purchasing rental properties is a great way to create passive income and long-term wealth. To help you get there, choosing the right property, and knowing how to run the numbers is vital. The question on many investor’s minds is how to get started? Below we take you through the key factors for successful rental property […]
18
Nov
Nov
As 2020 ends, the forecast for 2021 presents many questions. How will COVID-19 continue to affect the market? Is now a good time to invest in property? For landlords navigating the hold on evictions and rent freeze orders across the country, the future seems uncertain. Much of the United States is still rebuilding, but some […]
14
Oct
Oct
Throughout the rental industry, great tenants are worth their weight in gold. Whether it is paying on time, quickly reporting issues, or showing general respect for your property, these are the occupants you want to find and keep as a landlord. But as the rental housing market grows more and more competitive, keeping those great […]
28
Sep
Sep
Owning rental property is not without challenges and complications. That is why many landlords choose to hire a property management company to handle such tasks as finding quality tenants, collecting rent, and scheduling routine maintenance. Though it may seem like property management and rental property maintenance are the same, they are two separate things. […]
16
Sep
Sep
Seasons are changing fast, and it can be the busiest time of year for Fall preventative maintenance. In the Northeast, weather during the Fall months can be unpredictable, to say the least. Now is the time to identify those small issues before they become a big problem as Winter approaches. Check out our list below […]
04
Sep
Sep
Whether you are considering investing in rental properties or have an existing portfolio, managing those properties can be an overwhelming task. So, to help you in your investment endeavors, Bay Property Management Group has assembled a guide to property management tasks that every landlord should be familiar with. While this is not everything you […]
14
Aug
Aug
As a property owner or real estate investor, hiring a property manager can alleviate all kinds of headaches in your day-to-day operations. Property managers handle all aspects of running your investment, from vetting tenants to emergency maintenance and everything in between. If you want to collect rent but don’t have the time or inclination […]
06
Aug
Aug
Are you a landlord looking to trim expenses? If you are willing to put in some elbow grease, we have some DIY tips and easy fixes for landlords to save money. Property managers in Philadelphia and the Bucks County area agree that there are some basic repair tasks every landlord should know and, in […]
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