The third largest city in Maryland, Bowie grew thanks to the railroad line that led to the town after its incorporation in 1916. Bowie has considerable history, impressive architecture, and a rising population.
Home to the Belair Mansion, Bowie has multiple historic attractions and a variety of properties to choose from.
In honor of the railroad, the town has the Huntington Railroad Museum and other attractions, including several community centers, a senior center, and a couple of theaters. Bowie has a wonderful, small-town feel with the amenities of a city.
Bowie State University is also located here, making this Maryland city a good place for apartments and other temporary housing investments.
Benefits of Investing in Bowie Rental Properties
With its influx of students at the university every fall, Bowie is an attractive place to own a rental property. Students with summer job opportunities, or those who simply want to stay off campus, will usually seek privately owned rental properties.
Considering the heavy turnover of student tenants, Bay Management would be adept at dealing with the extra paperwork that comes with the ebb and flow of university tenant life. They also make routine inspections to the property to make sure the value of your investment stays intact.
Rental properties may appreciate in value over time. As the nation continues emerging from the recession, property values can only go up. With the housing market in Maryland recovering, now is the perfect time to invest!
Self-Management vs. Professional Property Management
Property management in Bowie can take the stress out of tenant interaction for the landowner. Their job is to apply knowledge and professionalism to the sometimes-personal nature of renting properties.
First, companies have experience stemming from a team of experts that a single landowner couldn’t top. Property management companies are able to spot early warning signs that a tenant could be a problem.
Their ability to interview and run background checks will be more efficient and more accurate than going solo. They can handle taxes and deductions, saving you money and migraines.
Would you save money? Almost always. Tenant retention rate and payments made on time increase with management companies. Tenants are more afraid of a structured organization than someone they simply consider “the owner.” The threat of legal action from a larger company is more daunting to renters.Start Maximizing Your Rental ROI Today
Why Choose Bay Management Group?
Landlords typically find themselves overwhelmed trying to handle all aspects of property management on their own.Bay Management will take care of legal matters, eviction notices, maintenance, screening tenant complaints, and generally serving a host of functions that would only eat up your time. Companies tend to also respond to complaints more quickly, meaning tenants stay happy and rent longer.
Bay Management also has the lowest monthly fee of any management group in the area. They pride themselves on customer service and have someone ready 24/7 to respond to your inquiries. They have seasoned experts ready to handle tenants’ issues immediately, so there’s no wait in case of an emergency.
Because Bay Management is operated in Maryland and broker-owned, it is truly a staple of the area. Their approach to business is active, and with their extensive experience, their staff truly understands the Maryland property management industry.