Bay Property Management Group

FEBRUARY 26, 2025

Can you deduct your own labor on rental property? As property managers in Philadelphia, PA , we know how to help you navigate these tax rules with confidence. According to the IRS, the work you do on your property counts as a personal contribution, not a business expense. But what if youre doing the work yourself?

Rental Property

Bay Property Management Group

JULY 16, 2025

Generally, they have a lot of freedom to manage, renovate, or add value to the property during that time. If you’re unsure how this might work for you, professional property managers in Philadelphia can help you navigate agreements like these and handle day-to-day operations. Then, that can boost your rental income.

Real Estate

MRI Software

MARCH 5, 2025

This guide will cover what landlord liability insurance is, why its essential, and the key benefits it offers. By understanding your options, you can make informed decisions to protect your rental property investment and ensure long-term financial security. What is landlord liability insurance?

Insurance

Bay Property Management Group

JULY 22, 2025

Successful investing requires careful consideration of location, cash flow potential, property condition, local regulations, and effective property management strategies. As part of property management in Baltimore, we define a fourplex as one big building split into four separate homes.

Single-Family Home

Property Management Inc.

MARCH 13, 2025

Property management feels like that. Whether you're managing a bustling office building or a cozy duplex, the details matter. But here's the real kicker—not all property management is created equal. These properties generate income, accommodate businesses, and support trade.

Residential Property Management

Authority Property Management

MARCH 14, 2025

The answer depends on your financial goals, the local rental market , and how comfortable you are with being a landlord. From tax benefits to leveraging rental income for a new home loan, let's break down why converting your home into a rental might be a golden opportunity.

Rental Property

Thanks For Visiting

JUNE 6, 2025

Ready to Boost Your Rental Income with Airbnb Photo Shoots? Hosts with beautiful properties often get these requests. Legit photographers expect questions and requirements, and may even provide documents like insurance upfront. Knowing what to ask protects you and your property. Here’s the scoop!

Rental Income

Bay Property Management Group

MARCH 3, 2025

Net Operating Income, or NOI, is a key metric in real estate that shows how much profit a property generates. Simply put, its the income a property brings in after covering all operating expensesexcluding taxes, mortgage payments, and depreciation. Property Taxes These vary based on location but are a key cost.

Real Estate

Bay Property Management Group

JULY 15, 2025

In fact, property management companies in Northern Virginia often assist the owners in handling everything—from finding great tenants to keeping up with repairs and maintenance. Owners also need to budget for insurance , property taxes, and potential HOA fees. Also, you have options when it comes to managing the rental.

Real Estate

Bay Property Management Group

FEBRUARY 25, 2025

In this article, we’ll break down exactly why your rental yield is essential to use, how to find it, and finally, how to calculate it for your property. What Is the Rental Yield (and Why Does it Matter?) Net Rental Yield On the other hand, the net rental yield gives a more realistic picture. Contact us today!

IT

MRI Software

JULY 1, 2025

Disasters can strike multifamily properties at any time, causing significant damage and operational disruptions. Without a recovery plan in place, property managers and landlords may face costly repairs, extended vacancies, and frustrated tenants. Floods and water damage Flooding is a top cause of property damage in the U.S.,

Insurance

Bay Property Management Group

APRIL 22, 2025

Local zoning laws, rental regulations, and permits dictate whether you can build and lease them , with size restrictions, occupancy requirements, and compliance with tenant rights laws varying by region. People tend to love homes that are multi-purposewhether its space for family, a rental, or something else.

Apartment

Bay Property Management Group

APRIL 4, 2025

As a property management company in Philadelphia , we often refer to these as land leases because only the land is being leased, not any buildings on it. Ongoing Obligations: You may be responsible for property taxes, maintenance, and insurance, even though you dont own the land. How Does a Ground Lease Work?

Lease

Authority Property Management

MARCH 28, 2025

Many property owners hesitate to increase rent, either because it feels awkward to bring up or because they worry it might push good tenants out the door. At Authority Property Management , we get itkeeping the peace with tenants is essential. Ready to optimize your rental income?

Rent

Hospitable

JULY 4, 2025

You’ll receive the same amount of rental income, which means a steady cash flow, but it also means less potential to maximize your revenue. Besides, you can sell extra services to Airbnb guests and generate extra money on top of your rental income. Consider your property location.

Airbnb

Property Management Inc.

JULY 14, 2025

Flexible payment plans and grace periods can transform financial challenges into manageable solutions for tenants. Legal compliance and rent reminder notices ensure smoother proceedings and safeguard rental income. Understanding Late Rent Payments Managing late rent payments requires more than frustration. FAQ Section 1.

Rent

Thanks For Visiting

APRIL 29, 2025

” Let’s look at what you really need to know about short-term rental insurance so you do not get left high and dry. Many hosts dont realize that Aircover is not an insurance policy in your name. Click here to grab everything you need to curate your property and start earning 5-star reviews. Make a list now.

Insurance

Thanks For Visiting

JULY 15, 2025

Focus on them, and you create an experience that crushes local hotels and outperforms other term rentals. This attention to detail directly impacts your occupancy rates and rental income. This is how you build a lasting term rental business. After gaining more property management experience, we know better.

License

InveServe

MARCH 3, 2025

a leading multifamily property manager in Los Angeles, covers over 100 crucial questions every investor should ask , categorized for clarity, and designed to help you conquer the LA real estate landscape. What are the projected rental increases I can realistically expect in this rent-controlled environment? InveServe, Corp.

Lease Agreement

Nest DC

MAY 14, 2025

Income Sources Your property's income will primarily come from monthly rent, but don't overlook additional revenue streams. When calculating rental income, factor in a 5-7% vacancy rate to avoid overestimating. Utilities in DC DC has some unique utility arrangements that impact property owners.

Multi-Family Building

Lifty Life

JULY 10, 2025

Most properties are Airbnb-friendly, but it’s essential to verify before purchase with: A knowledgeable realtor , and An experienced property manager like Lifty Life What Does Real Estate Cost in Big White? First-time STR investors seeking a manageable entry point with professional management options.

Property

MRI Software

JANUARY 24, 2025

Properties with steady rental income, like self-storage facilities or multifamily housing, can cover operational costs even when the market slows. Short-term leases in certain property types let you quickly adjust rents to match market conditions. article-inline-resource-card.air-st-pop-up.air-fw.air-cl p,airc-87798.article-inline-resource-card.air-st-pop-up.air-fw.air-cl.mri-v2-layout.text-content-wysiwyg

Real Estate

Esquire Property Management Group

FEBRUARY 13, 2025

The “passive” income strategy enables the acquisition of lucrative commercial real estate without confronting the complexities associated with property maintenance and management. Automate your triple net property management to facilitate a swift initiation.

Lease

Rentals United

JUNE 10, 2025

The basic calculation involves subtracting the property’s annual expenses from its annual income, dividing the result by your total investment cost, and multiplying by 100. Yield gives you a quick look at your rental property’s income potential, without considering taxes and expenses.

Rental Property

InveServe

APRIL 8, 2025

The allure of steady rental income, appreciation potential, and a stake in one of the most dynamic property markets in the world is undeniable. Economies of Scale Managing and maintaining one roof with several units is more cost-effective than managing multiple single-family homes spread across town.

Apartment

Bay Property Management Group

MAY 29, 2025

So, if youre working with a landlord, realtor, or a Philadelphia property management team that knows the ins and outs of fair housing, this law protects your right to equal treatment, no matter your race, religion, family situation, or background. Discrimination in rentals, home buying, insurance, or lending?

Landlord

MaidThis

JANUARY 27, 2025

Why Turn Your STR Property into a Business There are several reasons to turn your Airbnb into a full-time gig. First, its a great way to increase your rental income. You need to be prepared for a significant time commitment , especially if you plan on purchasing or leasing more properties.

Airbnb

Muldoon Associates

JUNE 5, 2025

The Colorado Springs rental market is strong, and the demand is high for well-maintained homes in good locations. But before you can enjoy consistent rental income every month and the impressive ROI you’ll earn in the long term, you have to decide how you’ll pay for your investment. That’s good news.

Finance

Authority Property Management

JUNE 27, 2025

For landlords and property managers, being prepared isn’t just good practice—it’s a critical responsibility. By establishing proactive plans, coordinating with local agencies, and communicating clearly with tenants, you can safeguard both people and properties when the next blaze strikes. Start now—before the winds change.

Tenant

Host Tools

MAY 1, 2025

cash, property, security deposits) Liabilities (e.g., loans, taxes, deposits owed to guests) Income (e.g., rental income, cleaning fees, late cancellation fees) Expenses (e.g., Identify your income sources Start by categorizing the money you earn. Think of it as a filing system for your finances.

Airbnb

Buildium

APRIL 21, 2025

In a people-centered business like property property management, the last thing you want is to be stuck crunching numbers and untangling accounts. This post takes a look at one of the most important parts of accounting, setting up a trust account for property management.

Property Management

T&H Realty

MARCH 31, 2025

Navigating the world of property management and real estate investing requires more than just knowing how to buy and rent properties. The 1% Rule Imagine youre shopping for an investment property. Whether you’re a seasoned investor or just starting, here are the finance terms you absolutely need to know: 1.

Real Estate

Lifty Life

JUNE 24, 2025

At 848 sq ft, this corner unit is perfect for those needing extra bedrooms and expanded living space, whether for personal use, vacationing with friends, or maximizing nightly rental income through high-occupancy bookings. The project is backed by Aviva Home Warranty , offering 2-5-10 year coverage for added buyer confidence.

Airbnb

Beach Front Property Management

JANUARY 22, 2025

For homeowners in many states, this highlights the importance of including reliable wildfire coverage in their insurance policies. While some insurance providers exclude wildfire coverage from standard policies, many fill the gap. Most insurance policies provide home insurance fire coverage for wildfire damage.

Insurance

Buildium

JANUARY 13, 2025

As a property manager, there are plenty of measures you can take to prevent fires at your owners propertiesregular inspection and maintenance of smoke detectors and fire extinguishers, tenant education on fire hazards, updating electrical systems and appliances, to name a few. What Is Dwelling Fire Insurance for Rental Properties?

Insurance

Beach Front Property Management

NOVEMBER 27, 2024

Accessory Dwelling Units (ADUs) are growing in popularity as they offer homeowners opportunities for rental income, additional living space, and flexible housing solutions. Building or owning an ADU requires a clear understanding of the insurance options that safeguard your investment.

Insurance

Bay Property Management Group

JANUARY 5, 2025

We provide the information you need to assess your financial situation and find the right property management support. If you’re considering hiring help to manage your rental property, looking into Baltimore property management companies can be a good first step. But where do you even begin?

Rent