Whether you have been in the game for decades or find yourself a sudden accidental landlord, there are always new things to learn. How can you become the best landlord you can be and, in turn, maximize your profits? Well, we are here to help! In any business, understanding your strengths and weaknesses is […]
Tag Archives: how to be a successful landlord
30
Apr
Apr
Facing the fact that your Anne Arundel rental property has recently become vacant is never fun. However, vacancies are a part of being in the rental property business and must be dealt with swiftly. Crafting the perfect rental property listing is the first step to overcoming vacancy. We have previously discussed on our blog […]
23
Dec
Dec
Becoming a successful landlord takes time, money, and patience. But most of all, it takes knowledge and experience to build a successful Maryland rental property business. Here at Bay Management Group, we have what it takes to make it in the rental property industry – years of experience and a knowledgeable staff, complete with Maryland […]
21
Dec
Dec
Keeping your tenants happy is the best way to continue collecting a consistent stream of rental income, prevent an unnecessary vacancy, and of course, build your Owings Mills rental property business into one that is reputable and successful. That said, how you keep your tenants happy can be challenging at times. There are so many […]
15
Dec
Dec
The way you structure your lease agreement is going to set the tone for the entire term of your Potomac tenants’ stay. In fact, the lease is often considered the crux of your entire rental property business. However, drafting your own lease agreement from scratch can be challenging if you self-manage your rental properties and […]
14
Dec
Dec
Any time you place a new tenant into your Bel Air rental property, you must conduct a thorough move-in inspection – even if you think that your rental is in tip-top shape. But you and your property management company tirelessly prepared your rental for new tenants, made sure that everything was clean, in good working […]
12
Dec
Dec
Conducting routine inspections of your rental property throughout your tenant’s lease term is an excellent way to ensure your property is being well maintained. Plus, it offers you a chance to address small maintenance and repair issues before they become bigger, as well as the chance to make sure your tenants are satisfied. It is […]
20
Nov
Nov
Though there are always exceptions, your typical lease agreement will probably last for one year. After that, you and your tenants will have the choice to sign a new lease agreement for another lease term. If you have high quality tenants living in your rental property, and you seek to build a successful rental property […]
17
Nov
Nov
Finding out your rental property is about to be vacant is not something you want to hear. However, vacancies are a reality that all property owners must contend with, even if you have enlisted the help of the best property management company in Philadelphia. That said, vacancies don’t have to be seen as the worst […]
13
Nov
Nov
These days it may feel like any do-it-yourself projects is possible to undertake. With internet videos showing you step-by-step how to complete even the most complicated home repairs, it all looks so easy, not to mention more affordable than enlisting the help of a professional. While the thought of saving money is definitely tempting, the […]