Philadelphia Property Management Blog

Investing in single-family and multi-family homes around universities can be a challenge for some investors, but it is also an endeavor that can pay off when done correctly. Before diving into investment property in a university town, here are a few things to keep in mind so you can find success. Location is Critical Your … Read More

Protecting your Philadelphia investment property from damage or vandalism is always a concern. Along with the safety concerns of your tenants, this type of destruction can be costly – especially if you’re unable to determine who is responsible for causing the problem and must cover the repairs yourself. To ensure you and your tenants are … Read More

In theory, a home warranty always sounds like a good idea, right? By default, you’re backing up a big investment with a guarantee that it’ll last a certain amount of time or perform at a specified level without breaking, damaging, or being deemed unusable. A lot of homeowners ask our team at Bay Management Group … Read More

When you’ve chosen the right renter, you have certain expectations—you expect that person to respect your property, pay rent on time, and reside within your space for the amount of time specified on your lease. Above all, you expect them not to let anyone else stay in the space they’ve contracted with you. Subletting can … Read More

Keeping families safe during the winter is always a priority. With cooler temps setting in, heaters and fireplaces are being used more. Holiday decorations get brought out, and because these items aren’t a part of our daily lives, hidden dangers may be present. To make sure that you and your tenants are working hard to … Read More

Deciding to evict a tenant is never easy. In most cases, everyone is better served if differences can be sorted out amicably and without involving the courts. However, when lease violations are consistent or egregious or when a tenant becomes seriously behind on rent, landlords don’t have many options. If you’re reaching the end of … Read More

This guest post is from Onerent, a state-of-the-art leasing & property management service. Given the new proposed United States tax plan from the Trump administration, investing in real estate has some potential implications for a new investor. Most consider the changes extremely beneficial to first-time real estate investors in particular. To cover the basics first, … Read More

Managing a rental property and all the building and maintenance tasks that come along with it are often more than one person can handle, especially if there are many units or if you own several properties. Hiring vendors to help with things you do not have the time, equipment, or expertise to accomplish yourself is … Read More

Flooring can play a major role in the look and feel of your rental property. It’s more than just selecting a beautiful material. Choosing a type of flooring can also impact the functionality of the room which is why it’s important to take several factors into consideration: style, lifestyle, and budget. What can you afford … Read More

A move-out inspection is one of the most important responsibilities for landlords as they’re designed to protect both the property owner and the tenant during the separation process. However, with so many moving parts, it’s more common than not that important details are missed. Everything from landscaping, damage to floors, built up garbage, and more … Read More