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Tag Archives: common landlord mistakes to avoid

Buying Rental Properties, Owning a Rental Property in Virginia, Property Management, Property Management in Northern Virginia, Property Management in Richmond, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords

Top 10 Landlord Mistakes for New Rental Investors to Avoid

Posted on by Madison McCracken
24
May

Some people may assume that being a landlord is a simple job. However, a lot more goes into the position than you may think. That said, when investors first begin their career as landlords, they’re bound to make at least a few minor mistakes. After all, nobody is perfect. But still, the goal is to […]

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Property Management in York County, PA, Tips for Property Managers

How to Report Bad Landlords and Deal with Poor Property Management

Posted on by Bay Property Management Group
How to Report Bad Landlords and Deal with Poor Property Management
05
Apr

When you are renting an apartment, so many things can contribute to a bad overall experience. A big one is poor or mismanagement. This can be in the form of landlord negligence or a bad property management company, but both add stress to the rental relationship. Below we will take a look at tips for […]

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Property Management in Carroll County, MD, Property Management in Maryland, Property Management in Northern Virginia, Property Management in Washington, D.C., Tips for Landlords

Top 3 Things to Ask Your Prospective Tenant’s References

Posted on by Bay Property Management Group
29
Mar

In a competitive rental market, every lead is vital. After all, a high tenant turnover rate can wreak havoc on your annual profit, which is why placing tenants efficiently is so important. However, not every prospective applicant that wants to see your rental property will meet the qualifications. That said, placing a bad tenant causes even more […]

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Property Management in Baltimore, Property Management in Northern Virginia, Property Management in Washington, D.C.

5 Reasons Why Your Tenant Can (Rightfully) Sue You

Posted on by Bay Property Management Group
01
Mar

Top 5 Reasons Tenants Sue Rental agreements are legally binding contractual “agreements” between two parties, the landlord and tenant. That said, landlords should be aware that while many laws are protecting the rights of property owners, tenants also have rights. These tenant rights protect renters against overbearing or illegal landlord actions. Therefore, understanding the reasons […]

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Property Management, Property Management in Washington, D.C., Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords, Tips for Property Managers

What is Landlord Harassment and How Can Owners Protect Themselves?

Posted on by Alyssa Adams
what is landlord harassment
18
Feb

The landlord-tenant relationship can, at times, be a trying one. That said, in many cases, these issues are easily resolved with professional communication and a little understanding. However, when situations escalate, property owners may find themselves accused of landlord harassment. Also, a dreaded landlord harassment lawsuit can deplete profits, not to mention valuable time. So, […]

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Owning a Rental Property in Maryland, Property Management, Property Management in Harford County, MD, Rental, Renting a Home in Maryland, Tips for Landlords, Tips for Tenants

How to Recognize and Report Landlord Negligence

Posted on by Madison McCracken
How to Recognize and Report Landlord Negligence
02
Dec

When renting an apartment or home, many things require you to work with your landlord—for example, paying rent each month, submitting maintenance requests, and taking care of emergency issues that arise within your rental. Unfortunately, if you are dealing with a bad landlord, it can make these things extremely difficult to do. That said, if […]

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Owning a Rental Property in Maryland, Property Management in Maryland, Property Management in Montgomery County, MD, Tips for Landlords

5 Mistakes You Could Be Making With Your Lease Agreement

Posted on by Bay Property Management Group
22
Nov

The rental agreement is the most critical document to the success of a landlord-tenant relationship. However, many owners do not fully understand the legal implications of this document. As a result, some landlords opt for cookie-cutter leases that do not offer adequate protection instead of consulting a professional property manager or attorney. But ensuring the […]

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Owning a Rental Property in Pennsylvania, Property Management in Chester County, PA, Property Management in Pennsylvania, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords

10 Mistakes that Kill Profit Margin on Rental Properties

Posted on by Alyssa Adams
10 Mistakes that Kill Profit Margin on Rental Properties
10
Nov

Owning rental property can be a lucrative investment, but only if managed effectively. As the rental industry grows, more investors are looking to this sector for passive income opportunities. However, with reward comes a certain amount of risk. While valuable tips for new landlords are everywhere, a crucial part of success is understanding what not […]

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Property Management in Philadelphia, Tips for Landlords

Should You Allow a Cosigner For Your Tenant?

Posted on by Bay Property Management Group
27
Jul

Occasionally, landlords will come across applicants that seem great on paper but do not quite meet the income or credit requirements. When this occurs, landlords have two options, deny them and lose a potentially good tenant or allow the applicant to have a cosigner. That said, not every rental owner is familiar with the practice […]

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Owning a Rental Property in Maryland, Property Management in Maryland, Property Management in Montgomery County, MD

Unusual, But Legal, Pets Your Tenant May Own

Posted on by Bay Property Management Group
02
Apr

For many individuals, pets are just as much a part of their family as any blood relative. Whether or not your rental allows pets could significantly affect your qualified tenant pool in today’s rental industry. As a landlord, accepting pets is a big decision, and there are plenty of things to consider. Today our focus is […]

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