Remove Landlord Remove Rental Income Remove Tenant Management
article thumbnail

What Is a Master Lease in Real Estate, Answered

Bay Property Management Group

Generally, they have a lot of freedom to manage, renovate, or add value to the property during that time. But the actual ownership stays with the landlord. 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.

article thumbnail

7 Acceptable Reasons for Late Rent Payments Every Landlord Should Know

Property Management Inc.

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Is a Fourplex? A Practical Guide for Property Investors

Bay Property Management Group

Main Takeaways Fourplexes offer multiple income streams and easier residential financing (like FHA/VA loans) while enabling “house hacking” for reduced living costs. Key challenges include higher upfront costs, increased tenant management, and limited market inventory compared to other property types.

article thumbnail

Boost Your Rental Property ROI with Property Management in Upper Arlington, Ohio

RL Property Management

With the continuous growth of Upper Arlingtons real estate market, managing rental properties has become increasingly complex for landlords. Property management companies offer professional support to tackle these challenges and keep your investments running smoothly.

article thumbnail

What is Coliving in Real Estate: A Guide for Investors

Bay Property Management Group

For instance, they handle marketing, tenant management, utilities, and upkeep. Lease Arbitrage Model In the lease arbitrage model, an investor leases a property from a landlord and reworks it so people can use it for coliving purposes. They’re a one-stop-shop. This way, every nook and cranny has profit potential.

article thumbnail

What are the Seven Most Important Qualities that Property Owners look for when it comes to Hiring a Property Managers?

Esquire Property Management Group

There is a consistent stream of rental income that can be ensured by effective tenant management, which also helps to reduce the costs associated with turnover. Does your property management team make preventative measures and repairs as a necessary step of their day-to-day duties?

article thumbnail

Apartment vs. House: Which Should You Consider Investing?

Bay Property Management Group

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. We have seen too many landlords fail to make a proper, prepared budget.