Hard Money vs. Private Money Loans for Real Estate
Bay Management Group Blog
by Patrick Freeze
3d ago
If you want to invest in real estate, you may be wondering about your loan options. Luckily, there are several options, including traditional mortgage loans, home equity loans, hard money loans, private loans, and more. That said, it’s important to know the differences between each loan type before choosing one that works for you. Today, we’ll review hard money vs. private money loans for real estate and what might work best for your investment.  Contents of This Article:  What Is a Hard Money Loan? What Is a Private Money Loan? Differences Between Hard Money vs. Private Money Hard ..read more
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What Is an Estoppel Certificate in Real Estate?
Bay Management Group Blog
by Patrick Freeze
5d ago
Has your landlord given you an estoppel certificate to sign? If you’re unfamiliar with what this certificate means, your role as a tenant can be confusing. As such, it’s important to know what it is, what it means, and when you might need to sign one. In today’s article, we’ll go over everything you need to know.  Contents of This Article:  What Is an Estoppel Certificate in Real Estate? What Does an Estoppel Certificate Include? Properties That Require an Estoppel Certificate Are Tenants Obligated to Complete Estoppel Certificates? Know Your Role as a Landlord or Property Manager ..read more
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Should I Let My Tenant Paint Their Rental Unit?
Bay Management Group Blog
by Patrick Freeze
5d ago
Should I let my tenant paint their rental property?  When you own rental properties, you may find yourself asking this question. For some landlords, this question leads to an automatic “no.” However, you may want to consider the pros and cons first. Today, we’ll review why some tenants want to paint, the pros and cons of letting your tenant paint, and how to create a landlord-tenant painting agreement.  Contents of This Article:  Should I Let My Tenant Paint Their Rental? Pros and Cons of Letting a Tenant Paint Create a Landlord-Tenant Painting Agreement What Happens If a Tena ..read more
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Common Misconceptions About Property Management
Bay Management Group Blog
by Patrick Freeze
1w ago
When it comes to property management, some owners think it’s a breeze and that they can handle it themselves. However, the truth is that self-managing a rental property (or several) is much easier said than done. As such, hiring professional property management can be a lifesaver. However, if you get caught up in the common misconceptions about property management, you may be even less inclined. That’s why we’re here to debunk the rumors and myths, revealing how professional management can benefit your rental business. Check out the video below! Common Misconceptions About Property Management ..read more
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9 Questions You Should Ask When Interviewing a Property Manager
Bay Management Group Blog
by Patrick Freeze
1w ago
Are you tired of handling your day-to-day landlord responsibilities on your own? If so, you’re likely considering hiring a property manager to help make your rental property business less demanding. However, if you choose the wrong property manager, your decision could backfire, making your job as a landlord even more stressful. That’s why it’s important to know what to ask when interviewing a property manager.  Questions Landlords Should Ask When Interviewing a Property Manager If you find it’s time to get help managing your properties, you’ll want to start looking into Northern Virginia ..read more
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What is Virtual House Flipping? Strategies for Investors
Bay Management Group Blog
by Patrick Freeze
1w ago
Technology has changed several things about many industries–including how we can invest in real estate. Did you know that you can buy, renovate, and sell properties without physically seeing them? With advanced real estate tools and technology, virtual house flipping is possible. Today, we’ll review what it is, some of the pros and cons, and the necessary steps to follow.  Contents of This Article: What Is Virtual House Flipping? Virtual House Flipping vs. Traditional House Flipping Pros and Cons of Flipping Homes Virtually The Virtual House Flipping Process Need Help Managing Your Prope ..read more
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How to Assess Water Damage in Your Basement Effectively: A Guide for Landlords
Bay Management Group Blog
by Patrick Freeze
1w ago
Are you aware that a silent intruder could lurk beneath your rental property, silently wreaking havoc on its value and your tenants’ well-being? Often unseen and insidious, water damage can chip away at your property’s integrity by decreasing its value by 10-20%. As a landlord, staying proactive against this hidden threat and knowing how to assess water damage is not just a matter of preserving your investment—it’s a protection for your tenants’ safety and satisfaction. Imagine this scenario: Your tenants notice a faint, musty odor lingering in the basement. Initially dismissed as mere dampnes ..read more
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Employee Spotlight – Nerissa Gagarin, Property Manager for BMG
Bay Management Group Blog
by Patrick Freeze
2w ago
At Bay Property Management Group, we are property management professionals focused on customer service. Furthermore, our goal is to make property ownership both a pleasurable and profitable experience for our clients. We know that our success is due to our awesome team members and how they each contribute to our Baltimore property management company. Therefore, we are initiating our Employee Spotlight to help you get to know more about our talented employees and how their unique backgrounds and expertise help us stay a “cut above the rest.” Today, we proudly introduce Nerissa Gagarin, Property ..read more
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Real Estate SEO: Tips and Strategies to Boost Success
Bay Management Group Blog
by Patrick Freeze
2w ago
Anyone with a business wants to get more eyes on their website to increase brand awareness, generate leads, and gain more customers. That said, search engine optimization is an excellent way to increase visibility and drive more traffic to your website, whether you’re a rental property owner, property manager, or real estate agent. Today, we’ll go over the basics of real estate SEO, the benefits for property owners, and how to get started. Contents of This Article:  What is Real Estate SEO? Benefits of SEO for Rental Property Owners How to Get Started With Real Estate SEO SEO Tips and St ..read more
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Clean, Safe, Profitable: How Industrial Cleaners Boost Property Management
Bay Management Group Blog
by Patrick Freeze
3w ago
In the competitive field of residential property management, the adage “first impressions last” isn’t just a saying—it’s a business reality. The importance of maintaining a clean and welcoming environment cannot be overstated. For property managers and facility maintenance professionals, investing in industrial cleaning is not merely a matter of aesthetics—it’s a strategic business choice that directly impacts the bottom line. In this article, we will explore the key benefits of working with industrial cleaning companies in property management and how they can help boost profitability. Why Pr ..read more
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