Whether you’re moving to your first or 50th rental property, you may budget differently depending on where you live. For instance, sometimes utilities are included in the monthly rent amount, while other times, you must pay each utility separately. Additionally, your expenses while living in a home may differ from your rental expenses. So, if […]
Tag Archives: property management washington dc
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 […]
Every landlord must follow certain rental property laws, and they differ depending on which state and city they’re in. As you can imagine, rental property compliance is essential in running a successful rental business. However, it all depends on the location of your rental property and local ordinances in that area. So, if you’re wondering […]
Spring is an exciting time that signifies the start of warmer weather for most people. However, if you live anywhere near Washington DC, it’s more than that. Most people in this area look forward to the blooming of the cherry blossom trees and Washington DC’s Cherry Blossom Festival. However, if you don’t live there, you’re […]
The landlord-tenant relationship can, at times, be a trying one. That said, in many cases, these issues are easily resolved with professional communication and a little understanding. However, when situations escalate, property owners may find themselves accused of landlord harassment. Also, a dreaded landlord harassment lawsuit can deplete profits, not to mention valuable time. So, […]
Real estate markets across the country, including Washington DC, have seen drastic changes throughout the COVID pandemic. As housing prices soared out of reach, individuals turned to the rental market to fill the gap. As a result, some areas saw significant vacancy spikes after financially impacted renters fled the cities. However, Washington DC continues to […]
More and more landlords have come to hear and know the terms Section 8 or the Housing Choice Voucher Program in recent years. In Washington DC, investors know that there are many benefits to actively participating in this program. As part of the 1974 Housing and Community Development Act, this program expands the availability of […]
New executive orders have landlords in Washington DC and across the country wondering when, or if, relief from non-paying tenants will ever come. Recently, the POTUS signed an order to extend the eviction moratorium on residential properties. Therefore, at least for now, the light at the end of the tunnel is a little further away. […]
At Bay Property Management Group, we are property management professionals focused on customer service. Furthermore, our goal is to make property ownership both a pleasurable and profitable experience for our clients. We know that our success is due to our awesome team members and how they contribute something special to our property management company. Therefore, […]
Investing in rental property as a way to generate income can prove lucrative for savvy investors. However, like any other type of investment, it does not come without risk. Mitigating this risk takes preparation, planning, and know-how. So, to get you started, we assembled the top 10 tips for successful real estate investing along with […]
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