Many investors get drawn into the rental industry by the lure of passive income. After all, who would not be interested in extra money? Real estate is a solid investment, whether your goal is saving for a college fund, retirement, or added peace of mind. That said, investing in the rental industry is not without […]
Tag Archives: income property benefits
Owning a rental property is a great way to build long-term wealth through passive income. As interest rates continue to stay at near-record lows, now is the time to consider an investment. Home values are rising across the country which creates a need for affordable rental housing. Renting is a desirable lifestyle for many generations […]
Owning rental properties in the greater Baltimore area of Harford County has its definite advantages. With its perfect blend of beautiful landscapes, exciting city life, historical monuments, and plenty of entertainment options, it would seem this would be the perfect place to reap rental property benefits. However, owning rental property, regardless of its location, has […]
6 Financial Considerations for Baltimore Property Management The key to receiving a return on your investment property is accurately recording income and expenses. From reporting incoming rental funds to calculating total expenses, the entire process can quickly become overwhelming for busy investment owners and/or those with multiple rental properties throughout the Baltimore area. With an […]
When it comes to investing money, many of us hesitate, whether talking about buying stock, starting a business, or purchasing a property. And it’s not surprising because big money and your time, effort, and sometimes personal liability are involved. At Bay Property Management Group, we are no experts in the stock market or joint ventures, […]