Tag Archives: landlord tips

Top Addendums to Include in a Lease Agreement in Columbia, MD

top-addendums-include-maryland-rental-property-lease-1 | Bay Property Management Group

Drawing up an airtight lease from the very beginning is one of the most important things you and your Columbia, Maryland property management company can do. Doing this prevents any confusion amongst the parties regarding what is to be expected throughout the lease term, and helps to protect both property owner and tenant. If you […]

5 Simple Steps to Improve Tenant Retention in Baltimore County

easy-ways-boost-tenant-retention-baltimore-county-1 | Bay Property Management Group

Failing to retain your Baltimore County tenants means you have a vacancy on your hands. With a vacancy, you are no longer collecting a consistent rent payment each month, you probably need to make repairs such as paint the walls or replace the carpet, and of course, you’ll need to perform a deep clean. That’s […]

How to Recognize and Handle Landlord Stress

how-handle-landlord-stress-takoma-park-rental-property-1 | Bay Property Management Group

Being a property owner comes with a lot of stress. In addition to managing your rental property, as a property owner you must balance your work with everything else in your life. This includes family and friend obligations, other work commitments, and free time. Not to mention, property related tasks such as rent collections, routine […]

Should You Offer Move-In Specials to Entice Tenants?

should-you-offer-move-in-specials-tenants-annapolis-property-management-1 | Bay Property Management Group

Staying ahead of the competition is tough when you are a property owner in Annapolis. As the capital of Maryland, and home to the United States Naval Academy, there are plenty of tenants looking for a great place to live here. And other property owners know it. If you are wondering how to stand out […]

How to Handle Long-Term Guests in Your Rental Property

handle-long-term-guest-pikesville-rental-property-1 | Bay Property Management Group

There is a thin line separating who should be considered a guest in your Pikesville rental property and who constitutes an actual residing tenant.  And, if you are not careful, guests that overstay their welcome in your rental property can quickly turn into serious liabilities if they become more tenant-like than guest-like. In order to […]

How to Deal with Late Paying Tenants

how-deal-late-paying-tenants-prince-georges-county-rental-property-management-1 | Bay Property Management Group

One of the biggest challenges property owners in Prince George’s County face is collecting rent from tenants. Though ideally every tenant will pay rent in full and on time every month, all property owners know that this is not always realistic.  There will be a late paying tenant at one point or another; it just […]

Easy Ways to Go the Extra Mile for Your Tenant and Boost Retention

top-ways-go-extra-mile-tenants-rockville-maryland-property-management-1 | Bay Property Management Group

With over 41% of Rockville residents currently renting, it is no wonder people are jumping at the chance to invest in rental homes.  And, while there are certainly some established landlords in the market whose hands have been in the industry for a while now, there is no reason you cannot up your game and […]

Why You Should Require Renter’s Insurance

require-renters-insurance-howard-county-rental-property-1 | Bay Property Management Group

Part of being a successful landlord in Howard County is ensuring that your rental property is safeguarded in the case of an emergency.  And oftentimes this is accomplished by requiring your tenants to have renter’s insurance. Yet, according to the Insurance Information Institute, as of 2016, only 41% of renters reported to have renter’s insurance. Renter’s […]

How to Keep a Good Relationship With Your Tenants

keep-good-tenant-landlord-relationship-howard-county-rental-property-1 | Bay Property Management Group

Customer satisfaction is the key to any business’ success.  So, as a rental property owner, a good tenant relationship should be a priority. Whether you self-manage your investment properties, or employ Howard County’s top property management company to help you out, the importance of seeking a good landlord-tenant relationship should not be underestimated. There are […]

What Amenities Should Landlords Provide to Their Tenants?

amenities-provide-tenants-howard-county-rental-property-1 | Bay Property Management Group

Those looking to lease a rental property in Howard County are likely looking for a place that offers specific amenities.  And, with the large populations of people leaning towards renting Howard County homes as opposed to buying them, it is important that you, as a landlord, differentiate yourself from the local competition if you want […]