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Tag Archives: income property benefits

Top 7 Benefits of Owning an Investment Property

Top 7 Benefits of owning investment property

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 […]

The Financial Ups and Downs of Owning Rental Properties

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 […]

Tracking Rental Property Income and Expenses

Tracking Rental Property Income and Expenses

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 […]

5 Ways You Can Benefit From an Income Property

5 Ways You Can Benefit From an Income Property

When it comes to investing money, many of us get hesitant, whether we are talking about buying stock, starting a business or purchasing a property. And it’s not surprising because big money is involved, as well as your time, effort and sometimes personal liability. At Bay Property Management Group, we are no experts in the […]