The past few years have been hectic for real estate investors and property managers throughout the United States. With high-interest rates, inflated home prices, and navigating through Covid-19 procedures, it’s been a learning curve for everyone involved. As we enter a new year, more changes are on the way. Read along as we discuss property […]
Tag Archives: tips for property management
Think you’re ready to become a full-time landlord? While becoming self-employed can be exciting, it can also be scary and take a significant toll on you financially if you aren’t prepared. So, you need to plan ahead and understand exactly what you’ll be responsible for as a full-time landlord. Follow these tips if you want […]
In 2020, the property management industry topped out at over 88 billion dollars in the United States. Steadily expanding since 2017, the property management industry provides a wealth of opportunities for professional and financial growth. Becoming a property manager is a great career for driven individuals with a passion for working with people. Join us […]
Remote operations have become more prevalent throughout the property management industry. Many businesses forced into remote work environments due to the COVID-19 pandemic are now realizing how beneficial it can be. In fact, remote operations equal opportunity! Read on as we discuss how companies are adapting processes to working remotely, added benefits, plus how to […]
Tax time can be stressful and confusing for everyone, including property owners and landlords. That said, not everyone is an expert, so it’s important to pay close attention to essential tax documents and requirements. One of the most significant tax forms for landlords is 1099. If you have a management team, like Bay Property Management […]
Property managers wear many hats throughout completing daily tasks. Property owners may not realize just how much property management and property maintenance go hand in hand. However, arguably a property manager’s most important role is to coordinate and complete necessary maintenance to the home. In addition, rental maintenance is directly linked to tenant satisfaction and […]
When it comes to job security, seeking out a growing and in-demand industry is a must. For ambitious and detail-oriented individuals, a career in the property management industry may be just what you are looking for. Whether you choose to become a property manager or start your own property management firm, a career in real […]
As the concept of owning rental properties as a solid investment grows, so does the number of property management jobs needing to be filled. Many individuals may not realize how this industry can benefit their long-term careers. This is a great opportunity for driven individuals looking for both professional and financial growth. Furthermore, ideal property […]
Facilitating property tours for prospective tenants is an essential part of being a landlord. In fact, this step in the process is just as crucial as marketing to and screening potential renters. Most landlords realize that showing their property in the best possible light is crucial. Sometimes a deep clean, staging furniture, or boosting […]
Any landlord or property owner knows that one of the most expensive parts of a rental business is tenant turnover. Therefore, finding ways to increase tenant retention is one of the most important things a landlord can do. That said, while finding a great tenant takes work, keeping them around requires just as much, if […]
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