5,500Units Under Management
Less Than 1% Eviction Rate
Avg. Time Rental Is on Market 23 Days

Tag Archives: how to be a successful landlord

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 Anne Arundel County, MD, Property Management in Baltimore, Tips for Landlords

The Landlord’s Guide to Rent Increases

Posted on by Bay Property Management Group
02
Nov

  Rent increases are a normal and even expected part of any rental property business. Moreover, unless local law includes rent control policies, landlords are free to increase the rent as they see fit. While the goal for all investors is to make money, relying on rent increases to do so can easily backfire. Instead, […]

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Buying Rental Properties, Property Management, Rental, Rental Property Marketing, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords

Property Management Tips to Become a Better Vacation Rental Manager

Posted on by Alyssa Adams
Property Management Tips to Become a Better Vacation Rental Manager
09
Oct

The vacation rental industry has grown over the past few years, with an increasing number of homeowners and investors getting into property management. It’s proved to be a popular way to generate an income. The lure of earning extra cash is certainly appealing, but as a vacation rental manager, you’re not going to have it […]

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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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Property Management in Philadelphia, Tips for Landlords

How to Handle After-Hours Calls from Your Tenant

Posted on by Bay Property Management Group
15
Jul

  Being a landlord is not a 9 to 5, Monday through Friday job. That said, being a rental owner comes with both pros and cons. Plus, there are times when working in a non-traditional industry such as real estate can wreak havoc on your schedule. For example, one of the common disruptions for landlords […]

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Property Management, Property Management in Maryland, Tips for Landlords, Tips for New Landlords, Tips for Property Managers

6 Tips to Successfully Showing a Rental Property

Posted on by Bay Property Management Group
13
Jul

  Facilitating property tours for prospective tenants is an essential part of being a landlord. In fact, this step in the process is just as crucial as marketing to and screening potential renters. Most landlords realize that showing their property in the best possible light is crucial. Sometimes a deep clean, staging furniture, or boosting […]

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Property Management in Baltimore, Property Management in Carroll County, MD, Tips for Landlords

Top 4 Reasons Why Detailed Move-In Inspections Are Essential

Posted on by Bay Property Management Group
25
Jun

You cleaned your rental and ensured everything is in working order before move in – but is that enough? Even if your rental is in tip-top shape, landlords must conduct a thorough move-in inspection. In turn, this protects themselves, the property, and the tenant. A rental move-in inspection is critical to evaluating tenant damage at […]

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

3 Tips for Dealing with Landlord/Tenant Confrontations

Posted on by Bay Property Management Group
02
Jun

Sadly, confrontation is occasionally a given part of being a landlord. Furthermore, understanding how to deal with confrontation professionally and effectively does not always come naturally to rental owners. In fact, dealing with confrontation is something most people try to avoid at all costs. However, if you do not already employ the area’s best property […]

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Owning a Rental Property in Maryland, Property Management in Maryland, Property Management in Washington, D.C., Tips for Landlords

What to Do When You Find an Unauthorized Person in Your Rental Property

Posted on by Bay Property Management Group
23
Feb

Discovering that an unauthorized person is living in your rental property is a very stressful situation. As a landlord, it is your duty to protect the property and ensure that only authorized and vetted individuals live in the unit. Unfortunately, despite having a rock-solid lease agreement, there may be times when a tenant’s guest(s) overstay […]

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Buying Rental Properties, Owning a Rental Property in Maryland, Property Management in Harford County, MD, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords

15 Books on Real Estate Investing Every Landlord Should Read

Posted on by Alyssa Adams
15 Books on Real Estate Investing Every Landlord Should Read
10
Feb

Investing in real estate is a fantastic way to collect passive income and build long-term wealth. However, if you are new to the industry, it can be daunting even figuring out where to start. Thankfully, successful investors, real estate moguls, and financial professionals share their knowledge in books that any potential landlord can benefit from. […]

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