Handing over your income property to a property management company can seem like a risky decision. After all, it may result in significant profits but can also drive you to bankruptcy. At Bay Management Group, we understand how difficult it can be to find a reliable property management company, so we developed this guide to […]
Tag Archives: how to choose a property management company
10
Oct
Oct
Landlords in the industry know that property management is not a standard 9 to 5 job. Maintenance is a task that requires a significant amount of time and coordination. But, how do landlords handle rental property emergency maintenance after hours? No one wants to get that call; however, it is essential to quickly and efficiently […]
Buying Rental Properties, Owning a Rental Property in Virginia, Property Management in Leesburg, Rental, Rental Property Marketing, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords, Tips for Property Managers
Top Questions to Ask When Hiring a Property Management Company
14
Feb
Feb
Whether they own one property or multiple, landlords have a lot of tasks to handle daily. Whether it’s maintenance, collecting rent, or screening new tenants, the duties can quickly become overwhelming. That said, many landlords decide to hire a property management team to help mitigate some of these daily jobs. However, before you decide on […]
04
Aug
Aug
A great property management company is worth its weight in gold – but a bad one is an absolute nightmare. In the competitive rental industry, some fledgling companies put the majority of their efforts toward building a client base. However, they may forget the importance of great service to keep the clients they already have. […]
27
May
May
Over 110,000,000 residents live in rental housing throughout the United States. In Maryland alone, 33.17% of households were renters, according to census data. That’s a lot of renting responsibility meaning there is a definite need for property management firms to exist. But, with so many management companies out there, how do owners know which is best? […]
06
Apr
Apr
When it comes to the rental industry, a few key documents can be the difference between success or failure. One of those is the property management agreement. Surprisingly, many landlords and property owners are unfamiliar with what this contract entails. So, join us below as we answer the key questions: what is a property management […]
18
Jan
Jan
Investing in rental property can prove to be an excellent and lucrative addition to a diverse portfolio. However, being a landlord extends well beyond buying the property. As a matter of fact, managing a rental property is a full-time job that not every investor is prepared for or wants. So, what is a landlord to […]
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. […]
13
Aug
Aug
Starting and running a successful business is hard. One sector that continues to grow to meet demand is the 76 billion-dollar property management industry. In 2019, there were over 280,000 property management companies employing over 800,000 people. Additionally, it is an industry continuing to show nearly 5% growth year over year, that’s a lot […]
01
Nov
Nov
Hiring a property management company for your Philadelphia rental property is a big decision. A good property manager has the potential to ensure your tenants are satisfied, that you receive a monthly positive cash flow, and that your property is properly cared for. In a property management company, you are going to need qualities like: […]
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