Tag Archives: landlord tips

The Pros and Cons: One-Month Free vs Lowering the Rent

lower-rent-free-month-1 | | Bay Property Management Group

When it comes to marketing, many things can draw attention to your property. Of course, online ads are essential for your rental property, but even the best rentals sometimes need a little something extra to get tenants to commit to a lease. That said, moving is expensive, and therefore offering free money is always a […]

How to Handle an Unauthorized Person in Your Rental Property

How-to-Handle-an-Unauthorized-Person-in-Your-Rental-Property | | Bay Property Management Group

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 […]

How to Price Your Rental When the Market Starts Slowing Down

How to Price Your Rental When the Market Starts Slowing Down | | Bay Property Management Group

Pricing your rental property is one of those decisions that can quietly stress you out. It becomes even more complicated when the market starts to slow down. When that happens, you will see a change as the calls reduce, listings stay up longer, and you are no longer sure whether the rent is the problem. […]

What Does Fair Market Rent Mean in Real Estate?

What Does Fair Market Rent Mean in Real Estate (1) | | Bay Property Management Group

Pricing your rental can be one of the biggest challenges you face as a landlord. This is because if you set the rent too low, you start counting your losses. Set it too high, and you may end up with empty units. That is why many investors and landlords base their prices on what the […]

5 Rental Concessions That Attract Applicants

5 Rental Concessions That Attract Applicants | | Bay Property Management Group

Filling vacant units quickly is one of the biggest challenges for landlords. As property management professionals, one of the most common things we do to fix this is offering creative incentives to stand out in the competitive market. These incentives, known as rental concessions, can make your property more appealing in a competitive market. From […]

What Is A Lease Violation and How To Prevent Them

What Is A Lease Violation and How To Prevent Them | | Bay Property Management Group

Renting a home seems straightforward enough on paper. You pay rent and enjoy your space. But sometimes, without even realizing it, you might break a lease rule that could get you in trouble or, worse, evicted. So, what is a lease violation, and how can you avoid making one? In this guide, we’ll break down […]

What is the Difference Between a Lease and a Rental Agreement?

What is the Difference Between a Lease and a Rental Agreement | | Bay Property Management Group

Entering into a lease is always a time to take a pause and think about what you are doing. Ultimately, it is a contract. Anytime you enter into a contract, it can be helpful to know just what exactly you are signing and what the terms are for what you are signing. Many people might […]

Renting to College Students – Lease Agreement Terms & Tips

Renting to College Students - Lease Agreement Terms & Tips | | Bay Property Management Group

There is a big demographic that many people come across when renting housing: college students. In some areas, that demo can be quite large. It is a sizable number of people who generally don’t have the funds to purchase housing, and probably wouldn’t since they may not live in that area for more than a […]

5 Reasons to Settle a Rental Home Dispute Out of Court

5 Reasons You May Want to Settle a Rental Home Dispute Out of Court | | Bay Property Management Group

Finding yourself in a dispute with your tenant can be stressful. Even if you have a high-quality Washington DC property management company by your side, litigating in court should be avoided if possible. So, how can you resolve conflict between you and a tenant? There are plenty of reasons to settle a rental home dispute […]

How to Manage a Rental Property: Expert Guide for Landlords 

How to Manage a Rental Property_ Expert Guide for Landlords (1) | | Bay Property Management Group

If you just secured your first rental property, congratulations! Not everyone’s up for the challenge of being a landlord, you know. Now, maybe you start to encounter the question “How can I manage my rental property effectively?”  In this guide, we’ll help you learn how to take care of your rental property in the best […]