A question frequently asked by both tenants and landlords is what constitutes normal wear and tear on a rental property. Both parties of a rental agreement often have their own definitions of what “normal wear and tear” means, leaving much room for conflict at the end of a lease agreement. The term “normal wear […]
Search Results for: tenant
16
Jun
Jun
Renting out your Baltimore County home can be a very lucrative business move. Increased cash flow, potential tax benefits, appreciation over time, and even the flexibility to sell later on are just some of the reasons to consider renting your home. There are many steps you can take to prepare your home as a rental. […]
10
Jun
Jun
Whether you have a small operation with a single property manager handling your rentals in Maryland, you do it alone, or you use a property management group, there may come a time when you need to change your management approach. Maybe you don’t have enough free time to keep up with the responsibilities, or […]
21
Apr
Apr
So you are thinking about investing in rental properties but not exactly sure where to begin. What makes a great rental property anyway? Finding the right investment property can be overwhelming, especially for first-time landlords. Buying an investment property in Maryland is not the same as flipping a house or even buying a home. While […]
26
Mar
Mar
How to Improve the Quality of Baltimore County Rental Properties on a Budget Easy, short-term investments can radically improve your return on investment (ROI). Many property owners in Maryland may be reluctant to spend thousands of dollars on improvements, but if it leads to increased rent, the expense may be worthwhile. In addition, making the […]
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 […]
08
Nov
Nov
The year is coming to an end and at some point you will need to sort through the piles of paperwork that accumulated on your table. It might be tempting to just put everything in one big box and forget about it, but at Bay Property Management Group we strongly recommend you to take the […]
12
Sep
Sep
Property management is a serious business that requires a serious approach. Make sure you have all regulations, procedures and paperwork in place before you put your property on the market. Bay Property Management Group is here today to help you avoid a few embarrassing situations that may occur if you are new to property management. […]