Bay Property Management Group

APRIL 21, 2025

You want to invest in another property, but taking out a whole new mortgage? That just sounds like too much. We get it no ones excited about more loans, more paperwork, or more stress. Thats why some investors are trying something easier: using a HELOC to buy investment property. In this article, well help you get familiar with how using a HELOC to buy investment property actually works.

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Property Property Manager Property Management Management 130

Bay Property Management Group

APRIL 18, 2025

At Bay Property Management Group, we are committed to providing exceptional property management services while fostering a culture of growth and teamwork. In this months Employee Spotlight, we are excited to introduce Stephanie Smith, Director of Property Management for our Austin office. With nearly two decades of experience in the real estate industry, Stephanie brings extensive knowledge, leadership, and a deep passion for supporting her team.

Property Manager 147

Property Manager Property Management Management Property 147

Bay Property Management Group

APRIL 18, 2025

When renters search for a new place to live, they probably have a checklist of must-havesand maybe blinds are one of them. But then, it’s time to move in, and tenant and landlord alike are wondering: Who is actually responsible for blinds in a rental property? In this post, well break it all down. What are blinds? Whos responsible for providing and maintaining them?

Rental Property 130

Rental Property Property Landlord Tenant 130

Bay Property Management Group

APRIL 17, 2025

Have you ever tried to move into a new place, and it felt like the deposit alone could fund a small vacation? The cost adds up really fast. You pay movers, a two-month deposit, and a security depositsometimes even more if you have a pet. By the time youre settled, youre already broke. Thats exactly why Philly is stepping in with a plan to make things easier for renters.

Applications 130

Applications Applicants Government Property Manager 130

Bay Property Management Group

APRIL 16, 2025

Capital gains on rental property can feel like one of those things no one tells you aboutuntil its time to sell. Suddenly, youre hearing tax terms, numbers, and rules youve never thought about before. But dont worrywere breaking it all down for you. In this guide, well walk through how capital gains work, how theyre taxed, and the smart moves you can make to keep more of your profit.

Rental Property 130

Rental Property Property Property Manager Property Management 130

Bay Property Management Group

APRIL 15, 2025

Sometimes, when people rent out a space for the first time, they make mistakes. It’s not that they meant to do anything wrongthey’re just trying to make the most of the space they’ve got. After all, if it’s sitting there unused, you might as well make money off of it, right? But if that space wasnt approved for living or doesnt meet the citys safety rules, you might be crossing into risky groundlegally and financially.

Apartment 130

Apartment Rent License Landlord 130

Bay Property Management Group

APRIL 14, 2025

Theres a lot that goes into being a successful landlord. One key piece is the service contract. The term might sound a little vague, and you may be wondering: What exactly is a service contract in real estate? Well, if youve ever hired someone to mow your lawn or fix a leaking faucet, chances are, youve already used one. But in real estate, these agreements go far beyond simple tasks.

Real Estate 130

Real Estate Maintenance Property Manager Property Management 130

Bay Property Management Group

APRIL 11, 2025

So, youre thinking of renting a place with someonemaybe your partner, your best friend, or even your cousin who swears theyre good with finances now. Great. But then you see the word “co-applicant” on the form, and you’re wondering… what is a co-applicant? Don’t worry. In this article, well break down what being a co-applicant really means, how its different from a co-signer, what the landlord looks for, and the good (and not-so-good) things you need to know before

Applications 130

Applications Applicants Lease Rent 130

Bay Property Management Group

APRIL 10, 2025

Furnished apartments are becoming increasingly popular, and its easy to see why. A lot of people arent settling down long-term. Maybe its a short job, a temporary move, or you just need a place to stay for a few months. In those situations, buying furniture or figuring out how to move a whole setup doesnt really make sense. You want something thats ready.

Apartment 130

Apartment Rent Lease Property Manager 130

Bay Property Management Group

APRIL 9, 2025

You finally find a place that checks all the boxesgreat location, reasonable price, good reviews. But then you notice a few words tucked into the listing: amenities included. And suddenly, you’re wondering… what does amenities mean exactly? In the world of rentals, amenities are the little (and not-so-little) extras that can totally change how you experience home.

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Tenant Rent Property Manager Property Management 221

Bay Property Management Group

APRIL 8, 2025

Not every rental situation comes with a formal lease. In fact, plenty of people just start paying rent and move inno paperwork, no problem… right? But it does raise a big question: What rights do tenants have without a lease? Its an important oneand in this article, were breaking it down. From understanding tenants at will to knowing how eviction protections and security deposits work, well walk you through the key rights every landlord should know even without anything in writing.

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Lease Tenant Landlord Property Manager 130

Bay Property Management Group

APRIL 7, 2025

Taxes are serious business. As an investor, you already know that if you’re not careful, taxes can quietly take a big bite out of your returns. But with the right knowledge and strategy, you can stay aheadand maybe even lower your tax burden altogether. Thats probably why you’re asking the big question: What states dont have property tax?

Property 130

Property Property Manager Property Management Government 130

Bay Property Management Group

APRIL 4, 2025

Acquiring property without buying it outright sounds too good to be trueuntil you learn about ground leases. For investors looking to build without spending millions on land, or landlords who want a more passive investment, this kind of lease could be the golden ticket. But what is a ground lease, and is it the right move for your project? In this guide, we break down what a ground lease really means, how it works, the pros and cons for both the investing tenants and landlords, and the key thing

Lease 130

Lease Landlord Tenant Finance 130

Bay Property Management Group

APRIL 3, 2025

You may have missed a rent payment or violated your lease, and now the issue has escalated. Your landlord has served you with a notice to quit, and you don’t know what in the world you should do. As stressful a time as this may be, it’s important to get all your facts straight so you can have a clear path forward. So, in this article, well break down what a notice to quit in PA is, when landlords can issue one, and what happens after its served.

Landlord 130

Landlord Lease Tenant Rent 130

Bay Property Management Group

APRIL 2, 2025

Most landlords worry about chasing late rent, getting repairs done, or dealing with difficult tenants. But what if someone was living in your property without you even knowing? Believe it or not, this strange situation has a name. It’s called phrogging. And yes, its more common than you’d think. In this article, well walk you through exactly what phrogging is, when it happens, what signs to watch for, and how to keep your property safe.

Real Estate 130

Real Estate Tenant Insurance Landlord 130

Bay Property Management Group

APRIL 1, 2025

If youre renting a house or apartment, you have the right to a safe and healthy place to live. Unfortunately, some rental properties fall into whats known as uninhabitable living conditions. These are situations where the property isnt safe, sanitary, or livableputting tenants health and safety at risk. In this article, well explain what qualifies as uninhabitable, common examples, your rights as a tenant, and the steps you can take if youre living in one of these unsafe situations.

Landlord 130

Landlord Tenant Rent Property Manager 130

Bay Property Management Group

MARCH 31, 2025

Thinking about investing in real estate but not sure whether to go for a condo or a duplex? Its a pretty common question condo vs. duplex. Which ones better? The truth is, both have their own perks (and a few downsides), so it really depends on what youre going for. In this guide, well break it all down in simple termswhat makes them different, the pros and cons of each, and how to figure out which ones the right move for you.

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Single-Family Home Finance Rental Income Maintenance 130

Bay Property Management Group

MARCH 28, 2025

If you’re apartment hunting, you’ve probably asked yourself: how extensive are background checks for apartments? Landlords and property managers use them to decide who gets approved, but what exactly are they looking for? In this guide, we’ll break down how apartment background checks work, why theyre important, and what landlords check before they hand over the keys.

Apartment 130

Apartment Landlord Rent Property Manager 130

Bay Property Management Group

MARCH 27, 2025

Some cities can feel overwhelming. But Philly? Philly feels like home from the moment you arrive. Friendly neighbors, buzzing neighborhoods, and a deep sense of belonging are part of the package when you own a home here. Wondering about the benefits of owning a home in Philadelphia? Keep reading! Main Takeaways Philadelphia is one of the more affordable metro areas in the US for homebuyers, with a median home price of $218,590 and a price-to-income ratio of 3.8.

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Transportation Rental Income Property Manager Property Management 130

Bay Property Management Group

MARCH 26, 2025

It always starts small. Maybe a renter blasts the music a little too loud late at night. Or, maybe they throw a party that people can hear all the way downstairs. At first, everyone tells themselves a little noise here and there is just part of apartment living until its not. The noise keeps coming, and soon, someone files a complaint. But how many noise complaints until eviction is on the table?

Landlord 130

Landlord Lease Tenant Property Manager 130

Bay Property Management Group

MARCH 25, 2025

As a landlord, your biggest priority is protecting your propertyand your income. So, how do you make that happen? Renting to tenants who can reliably pay on time, every time. But how do apartments verify income? Its not just about numbers on a page. Verifying income helps you find tenants who are financially stable and trustworthy. In this guide, well walk you through how apartments verify income, and the best strategies landlords use to make smart leasing decisions.

Apartment 130

Apartment Landlord Tenant Rent 130

Bay Property Management Group

MARCH 24, 2025

Picture this: a housing trend that combines affordability, convenience, and community into one innovative solution. Coliving has taken the real estate world by storm, attracting professionals, digital nomads, and investors alike. For investors seeking high returns, coliving presents a unique and lucrative opportunity. Lets dive into what coliving is, how it works, and why its reshaping the rental market landscape.

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Real Estate Lease Fixed Fee Rent 130

Bay Property Management Group

MARCH 21, 2025

At Bay Property Management Group, our mission is to provide exceptional property management services while fostering an environment of growth and success for our team members. In this months Employee Spotlight, were thrilled to introduce Cielo Camille Grepalda, Property Manager for our Northern Virginia (NOVA) office. Camille brings her unique background, extensive industry experience, and unparalleled dedication to our team.

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Property Manager Property Management Management Property 130

Bay Property Management Group

MARCH 21, 2025

Have you ever wondered how some investors always seem to spot hidden gemsthe kind of properties everyone else overlooks? More often than not, those hidden gems are a distressed property. They might not look like much at first glance, but for those who know what to look for, they hold incredible potential. So, you just need to know how they work, their pros and cons, their types, and how to invest in them.

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IT Property Real Estate Finance 130

Bay Property Management Group

MARCH 20, 2025

Real estate has always been seen as a solid way to build wealthbut not everyone has the time (or patience) to deal with tenants, property maintenance, and big upfront costs. Thats where REITs come in. They offer a simpler way to invest in real estate, promising steady income and long-term growth without the hassle of being a landlord. But are REITs a good investment?

Real Estate 130

Real Estate Rental Income Finance Property Manager 130

Bay Property Management Group

MARCH 19, 2025

Have you ever stepped into a city and felt like it had a little bit of everything? Thats Richmond, VA, for you. One minute, you’re walking through grand historic landmarks, and the next, youre enjoying a meal at the best local eats or chilling by the river. Its got that perfect mix of old-school charm and modern fun. If you’re ready to explore, here are the best places to visit in Richmond VA.

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Property Manager Property Management Government Management 173

Bay Property Management Group

MARCH 18, 2025

Thinking about buying a property in 2025? Mortgage rates have been shifting, and everyone’s been wondering if mortgage rates 2025 are on the upswing or trending downwards. With that said, we have some good news: mortgage rates have actually been trending lower. In this guide, well break down what drives mortgage rates, whether now is the right time to buy, and how you can clinch the best deal possible.

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Property Manager Property Management IT Property 130

Bay Property Management Group

MARCH 17, 2025

So, you love where you live, and the thought of moving isnt appealing. But with your lease coming to an end, youre now at a crossroads, wondering how to renew lease agreements and secure your home for another term. Before time runs out, its important to understand the process of requesting an extension. In this guide, well walk you through everything you need to know: what a lease renewal is, when to do it, the benefits and drawbacks, how to negotiate better terms, and your legal rights as a ten

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Lease Agreement Lease Tenant Landlord 130

Bay Property Management Group

MARCH 14, 2025

Inflation affects everything it touches, and the real estate market is no exception. As prices rise, so do mortgage rates, operating expenses, and more. But is inflation a threat to your rental property investment, or can it actually work in your favor? Lets explore how inflation on rental property investment can impact youand most importantly, how you can keep your investments safe and still make a profit, no matter what changes the economy goes through.

Rental Property 130

Rental Property Property Property Manager Property Management 130

Bay Property Management Group

MARCH 13, 2025

Have you ever wondered how to quickly assess whether a tenant can afford your rental property? The rent-to-income ratio is a simple, yet powerful, tool that helps landlords gauge financial stability before signing a lease. In this article, well help you understand how to calculate the rent-to-income ratio, why it matters to you as a landlord, and what to do if a tenant doesnt meet the threshold.

Landlord 130

Landlord Rent Tenant Property Manager 130

Bay Property Management Group

MARCH 12, 2025

Ever wondered how real estate agents make their money from a property deal? It all comes down to something called GCI (Gross Commission Income). But what is GCI in real estate? If you’re looking to understand how the money flows in real estate transactions, you’re in the right place. Lets break it down in a way that actually makes sense, without all the jargon!

Real Estate 130

Real Estate Broker Property Manager Property Management 130

Bay Property Management Group

MARCH 11, 2025

If youre looking to buy or sell property, youve probably heard the terms Realtor vs. real estate agent used interchangeably. But did you know theres a key difference between the two? On the surface, each help people to navigate the real estate market. However, not all real estate agents are Realtors. So, in this article, well break down the Realtor vs. real estate agent debate in simple terms.

Real Estate 130

Real Estate License Property Listing Property Manager 130

Bay Property Management Group

MARCH 10, 2025

Having an exit plan for your multifamily investment is critical to sticking the landing and earning that sweet, sweet ROI. If you clearly define your end game, you can set yourself up for success. But where do you even begin? Here, we’ll let you in on 5 proven, practical real estate investment exit strategies that might work for you. Table of Contents Sell to Another Investor 1031 Exchange for Another Property Condo Conversion Refinance and Hold Joint Venture or Partnership Exit Transfer S

Real Estate 130

Real Estate Property Manager Property Management Rental Income 130

Bay Property Management Group

MARCH 6, 2025

If you have severe vacancy loss, it could be the death knell of your rental business. You need to steer the ship, and quickly–but how? In this article, we’ll explain what vacancy loss is and why it matters, how to calculate it, its common causes and solutions, and even answer frequently asked questions. Keep reading to learn more. Table of Contents What is Vacancy Loss?

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IT Property Manager Property Management Tenant 130

Bay Property Management Group

MARCH 4, 2025

In the dynamic world of real estate investing, understanding the After Repair Value (ARV) is crucial. You need to know it to maximize your profit potential and make informed decisions. ARV–the estimated value of a property after all renovations and repairs are completed–serves as a cornerstone for investors to evaluate their investments’ profitability.

Real Estate 130

Real Estate Property Manager Property Management Property 130

Bay Property Management Group

MARCH 3, 2025

You can never be too careful. After all, accidents happen, even when you take all the right precautions. What would you do if a guest got injured in your rental? Or if a small mistake led to a costly accident? Thats where renters’ liability insurance comes init helps cover these unexpected costs. If you’re wondering what renters’ liability insurance is, how it works, what it covers and costs, and most importantly, whether you truly need it, we’re here to help.

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Insurance IT Property Manager Property Management 147

Bay Property Management Group

MARCH 3, 2025

If youre investing in real estate, knowing your numbers is key. One of the most critical metrics? Net Operating Income (NOI). But what is NOI in real estate, and how does it impact your investments? Keep reading to learn how NOI works, why it matters, and how to calculate it correctly. What is NOI in Real Estate? Net Operating Income, or NOI, is a key metric in real estate that shows how much profit a property generates.

Real Estate 130

Real Estate Rental Income Property Manager Property Management 130