Rental Properties in Potomac, Maryland
Located on the southern edge of Montgomery County, Potomac is a beautiful, exclusive community.
If you are looking to invest in a rental property in an upscale area, Potomac may be a great place for you.
Mortgage values in Potomac are projected to climb significantly in the coming years. Combined with low interest rates on new property purchases, now is the time to expand your portfolio.
Become a Rental Property Owner in Potomac
Potomac boasts one of the highest median income rates in the country. The schools are top-tier and highly sought after, making it a great place for tenants to live. Its close proximity to both Washington, D.C. and Baltimore also makes this a great place for commuters to live.
4 Benefits of Owning a Rental Property
LUXURY HOMES.Tenants in Potomac are affluent, highly educated, and willing to pay for luxury housing.
TAX BENEFITS.A plethora of tax deductions exist to help owners like you build a sustainable business. From supplies to travel expenses, there are a number of property-related deductions you can make. Contact Bay Management to hear the full range of possibilities!
PROPERTY VALUES APPRECIATE.As property values continue to climb in the coming years, the value of your investment increases.
PRIME LOCATION.Potomac’s population is increasing as infrastructure improvements are made in the area. More people are living in areas like Potomac because of their personal feel and proximity to nearby major cities and amenities.
There are other benefits, including being your own boss. Whether you want a sustainable income or simply want extra cash in your pocket, consider purchasing in Potomac today!
The Benefits of Hiring a Property Management Company
Often, trying to screen clients, run background checks, collect rent on time, survey properties for damage and make repairs, and evict problem tenants proves to be too much for a single landlord.
Property management companies work to make your life easier and take care of any tenant issues that may arise.
Having a professional team manage your properties produces more reliable tenants. A great deal of this success comes down to experience sorting through potential renters.
These companies have heard all the excuses that unreliable tenants make. They know all the red flags that show up in background checks and interviews and thus prevent risky tenants from moving in.
Through research and thorough background screening, the tenants found are the ones who are more likely to rent for longer periods and pay on time.
Management companies will also conduct routine checks of the property to ensure the client is complying with their contract. (The contract is made to protect you. Maybe you don’t want a tenant to remodel your apartment or even put up a fresh coat of paint.)
Legal issues and other financial matters can also eat up your time. Property management companies can deal with tax problems and legal disputes with the tenants and will even handle repairs and maintenance.
Why Choose Bay Management Group?
With decades of experience working with investment properties in Maryland, they can be trusted to guide your business decisions.
When you do well, they do well. They will take care of your properties with the same diligence, professionalism, and expertise that have built Bay Management’s stellar reputation throughout Maryland.