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 […]
Tag Archives: benefits of property management
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 […]
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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
First, it’s important to know what a property manager does and how they can benefit you as a landlord! A property manager and/or management company can assist landlords with all aspects of managing their properties. A property management company will not only help you maintain your properties but assists with leasing, rent collection, marketing, financials, […]
A well-run company has a structured team and well-defined company procedures. Having structure is even more imperative in the property management world. Read on to learn how to structure your PG County property management company and the team within it. Who’s on Your Property Management Team A well-trained staff is vital for a good property […]