Bay Property Management Group

APRIL 23, 2025

Cons of Buying a Duplex: Managing a duplex comes with added responsibilities, such as handling tenant disputes, increased maintenance costs, and financing complexities that may differ from single-family homes. If you rent out both units, youre earning from two tenants instead of one. What Is a Duplex?

Single-Family Home

Bay Property Management Group

JUNE 24, 2025

This guide will help you determine when it’s the landlord’s responsibility to fix them and when it might fall to the tenant. Landlords usually repair window screens at move-in, during seasonal maintenance, or upon a tenant’s request. It’s a small detail, but it really helps create clarity between landlords and tenants.

Landlord

Bay Property Management Group

JULY 22, 2025

Key challenges include higher upfront costs, increased tenant management, and limited market inventory compared to other property types. In some fourplexes, tenants might share a main hallway or entrance, but once inside their unit, it’s completely private. How Does a Fourplex Work for Investors? After all, it only has four units.

Single-Family Home

Buildium

MARCH 19, 2025

Heres a quick breakdown of those definitions. Rental income includes all the payments you receive from tenants. For instance, if a tenant pays you in December for Januarys rent, you report that income in the year you received the payment, which is December. What Counts as Rental Income?

Rental Property Management

Bay Property Management Group

JULY 1, 2025

In this article, we’ll look at some common leasehold improvements, compare them with regular maintenance, discuss who typically pays for them, share a few tips, and more. Main Takeaways Leasehold improvements are custom changes made to rental spaces—like adding walls or upgrading lighting—to better suit a tenant’s needs.

Landlord

Bay Property Management Group

APRIL 4, 2025

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 things to consider before signing on the dotted line. A ground lease is an agreement that lets a tenant lease land and develop it during a set periodusually for 50 to 99 years.

Lease

InveServe

JULY 9, 2025

This guide will introduce you to key terms and definitions, elements of a commercial lease, and common mistakes to avoid. For example, the office market , while showing signs of stability, can still have many empty spaces, often putting tenants in a stronger bargaining position. For the tenant, this means predictable budgeting.

Commercial Property

Bay Property Management Group

JULY 2, 2025

During this period, the tenant occupies the property with the understanding that the fixed lease won’t automatically renew. For example, you may be able to break it if both the tenant and the landlord agree, or there is a serious legal reason (such as major habitability issues ). However, otherwise, you typically will be stuck.

Lease

Bay Property Management Group

APRIL 2, 2025

Most landlords worry about chasing late rent, getting repairs done, or dealing with difficult tenants. Sometimes, it even happens in rental units that are sitting empty between tenants. In that case, it’s definitely important to check out the attics, basements, and even empty units. You change the locks between tenants.

Real Estate

Bay Property Management Group

MAY 9, 2025

Main Takeaways Apartments provide steady rental income and lower maintenance responsibilities , thanks to shared building management, multiple tenants, and tax benefits. However, ongoing costs and tenant management can be challenging. And even if one unit is empty for a while, the rest can still generate income.

Apartment

Bay Property Management Group

MAY 16, 2025

But when youre apartment hunting, its one of the first things landlords look at to decide if youre a qualified tenant. Heres how to check yours (and yes, its definitely doable even for free): Use free credit report sites. Others prefer one main tenant. Maintenance and repairs Who handles what? Ask upfront.

Apartment

Bay Property Management Group

MAY 13, 2025

As a landlord, you’re used to juggling everything from repairs to tenant concerns, but tiny invaders like ants can still catch you off guard. And if youve had tenant complaints or noticed ants becoming a recurring problem, it might help to see how property management companies in Washington, D.C. Tenant Bill of Rights.

Apartment

Bay Property Management Group

FEBRUARY 13, 2025

A lease violation occurs when a tenant doesnt follow the lease terms they agreed to. Either way, committing a lease violation can lead to tenants getting a warning, being fined, or even facing an eviction. Either way, committing a lease violation can lead to tenants getting a warning, being fined, or even facing an eviction.

Lease

Bay Property Management Group

JANUARY 29, 2025

How to Verify If Utilities Are Included in Rent on Your Lease To verify if utilities are included in your rent, there’s one definitive place you should look: your lease. On the other hand, some rentals may require tenants to cover water costs, so never assume anything. A lease serves as your manual to the rules of your lease.

Utilities

Real Property Management Choice

MAY 29, 2025

Create a Rent-Ready Property That Tenants Cant Ignore Pay attention to the propertys functionality and aesthetics before listing it. Prospective tenants dont want to see a property that still needs work; they want to see a property thats move-in ready. Prospective tenants should walk in and immediately imagine themselves living there.

Lease Agreement

RL Property Management

JULY 8, 2025

From long-term equity growth to strong tenant demand and smart management strategies, we’ll explain why holding, or even buying another property, is a move well worth considering right now. If you’re on the fence about whether to keep renting or cash out, remember: strong tenant demand = consistent returns. What does that mean for you?

Real Estate

Bay Property Management Group

MARCH 18, 2025

Your Personal Financial Profile: While the economy definitely affects mortgage rates, your finances matter, too. At Bay Property Management Group, our services can take care of virtually everythingfrom finding reliable tenants to making sure your property stays in top shape.

Property Management

MRI Software

JULY 1, 2025

Increased Credit for Developments Serving Extremely Low-Income Tenants – Projects dedicating at least 20% of units to households earning 30% or less of the area median income will receive a higher tax credit, making such developments more financially viable. Track utility usage to identify inefficiencies.

Compliance

Avantio

JULY 7, 2025

Eviction and Notice Updates For non‑payment of rent, landlords must now give 3 days’ written notice, allowing tenants to pay or vacate before legal action is taken. Whether you are renting for long-term or short-term stays in Florida, you are bound by certain laws.

Property Management

Bay Property Management Group

FEBRUARY 2, 2025

You might know them by the more common term “tenants” They enter into a lease agreement with the landlord, which is basically a contract that spells out both parties’ rights and responsibilities. This means regular cleaning and maintenance. Ready to dive in? Lets get started! What Is a Lessee?

Lease Agreement

Buildium

MAY 21, 2025

You could be missing tenant payments or not accounting for expenses and revenue per client. This can definitely save hours when finalizing your bank reconciliations at the end of each month. This includes tracking income from rent payments, managing expenses like maintenance and repairs, and preparing financial statements.

Property Management

Bay Property Management Group

JUNE 16, 2025

Landlord responsibilities – If dust issues stem from poor HVAC maintenance or insulation problems, tenants can request repairs or upgrades to ensure better air quality. When tenants spot layers of dust building up, they’re often unsure if it’s a bigger issue—or just a sign that the place needs a deep clean. Absolutely.

Apartment

Bay Property Management Group

JUNE 20, 2025

Main Takeaways How to stop smells from coming through vents in apartment: Tenants can reduce smells by using odor neutralizers, cleaning vents, running exhaust fans, and keeping their space tidy while waiting for landlord intervention. Keep Your Space Tidy As simple as this sounds, it definitely has an impact.

Apartment

Real Property Management Chicago

JANUARY 23, 2025

Many property managers distinguish that they need to work straightaway when a resident calls with an emergency maintenance request. But which maintenance requests are emergencies, necessitating immediate attention, and which can wait a little longer? However, it is definitely during a drought when temperatures reach dangerous levels.

Maintenance

BetterWho

MAY 20, 2025

What Property Maintenance Really Means When people search for “what is property maintenance,” theyre usually looking for a basic definition: fixing things when they break, scheduling inspections, or coordinating vendors. But for property managers trying to scale , that definition barely scratches the surface.

Property Maintenance

Real Property Management Chicago

AUGUST 27, 2021

Then again, if you say that the definition of an asset is a means of generating cash flow, it might be that your most valued asset isn’t your property but your tenant. If your tenants leave frequently, it will be less likely that you will see any profits from your rental property. Why is this good?

Tenant

Real Property Management Chicago

JUNE 4, 2021

To provide a sense of security for your tenants, you have the crucial task of carefully preparing your property to make it liveable. This may include getting insurance for your property as well as doing routine maintenance and repairs. A rental should be in the best condition so that your tenants can live there safely.

Property Management

Bay Property Management Group

DECEMBER 23, 2024

Key Takeaways from this Article Role Definitions and Responsibilities : A landlord owns the property and is responsible for key tasks like setting rental terms, maintaining the property, and adhering to legal regulations. From setting rental terms to handling maintenance and tenant management owners call the shots.

Property Management

American Apartment Owners Association

FEBRUARY 6, 2025

On average, the units have been rented out within 30 days and there have been minimal concerns from existing tenants. Preparing your tiny home for tenants The aesthetics and style you choose for your tiny house rental property can have an impact on the type of renters you attract. Can tenants have parties or pets?

Landlord

Bay Property Management Group

DECEMBER 2, 2024

Main Takeaways If your home’s maintenance problem impacts your safety and health, your landlord is legally required to fix it. In single-family ones, tenants usually must handle this issue). To be clear, tenants are on the hook for bringing any maintenance concerns to the landlord’s attention.

Landlord

Real Property Management Choice

APRIL 25, 2024

Assembling a list of essential maintenance tips is a good idea because as most landlords know, a well-maintained home attracts high-quality residents, brings in higher rents, contributes to tenant retention, and leads to a more profitable investment experience. It’s also important that you educate and work with your tenants.

Maintenance

Real Property Management DC Metro

MARCH 4, 2022

If you own and run a Trinidad rental property, sooner or later, your tenant will at times call you with a summon for maintenance or repairs. It’s vital to grasp well the best ways to respond to different tenant requests. Having said that, others may definitely need the services of a licensed professional.

Maintenance

American Apartment Owners Association

JANUARY 27, 2025

These factors can affect a propertys value and its appeal to tenants. Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees. That means that if one tenant moves out, you will still receive income from the other tenants.

Property

Real Property Management DC Metro

MAY 13, 2022

As a Georgetown property owner, it is very important to grasp well who is responsible for what in the matter of basic rental property maintenance. To keep your rental property in tip-top condition and profitable, it’s significant to have a proactive property maintenance system in place. Lightbulbs.

Property Maintenance

MRI Software

NOVEMBER 28, 2023

Welcome to MRI Software’s exploration of a critical aspect of commercial property management: Common Area Maintenance (CAM). But what is Common Area Maintenance, and how does it intersect with real estate expense recoveries ? What is Common Area Maintenance (CAM)?

Maintenance

Real Property Management California Coast

DECEMBER 20, 2024

Creating Budgets for Predictable Cash Flow Creating an adequate budget will definitely help property managers closely monitor the income and expenses for adequate cash flow for possible maintenance, emergencies, and other salient services.

Property Management

Authority Property Management

AUGUST 11, 2021

The answer is simple, rental property maintenance keeps your rental unit in good shape and makes it appealing to existing and prospective tenants. Keep in mind that tenants are your main source of rental income, but you can’t attract the best quality tenants if your rental property is in poor shape.

Property Maintenance