Having tenants in your Philadelphia income property that turn out to be troublesome is enough to make any property owner want to quit the rental property business and run far, far away. However, this solves nothing. So, rather than stick your head in the sand and hope the problem fixes itself, try to remedy the […]
Category Archives: Property Management in Philadelphia
07
Jul
Jul
The thought of your Philadelphia tenant filing for bankruptcy no doubt brings to mind some very serious situations that you do not want to deal with. For example, if you have a tenant in your property that is claiming bankruptcy, how can you expect them to pay you rent each month? Worse, perhaps they have […]
29
Jun
Jun
Many times those who begin investing in Philadelphia rental property set out to do it all themselves. After all, being a property owner and leasing rental properties is the true path to a passive form of income, right? Well, not exactly… Though managing rental property can be fairly hands-off under the right circumstances – if […]
21
Jun
Jun
Every rental property owner in Philadelphia wants to know what it takes to be a successful landlord. Keeping your property turnover rates low, boosting lease renewals, and striving to keep your tenants satisfied, are the keys to succeeding in the rental property business. However, that’s the point: this is a business, and should be treated […]
01
Jun
Jun
Have you ever wondered why your Philadelphia tenants sign 12-month lease agreements? While most property owners have tenants sign a yearlong lease agreement that can be renewed for another 12 months come the end of the lease term, there are those that prefer month-to-month lease agreements instead. If you are curious about the pros and […]
12
May
May
As a rental property owner in Philadelphia, it is best to be prepared for anything and everything. Even if you employ the best property management company in Philadelphia to help manage your rental properties, being prepared is the key to avoiding − or at least reducing − the hassle of major rental property issues. When […]
12
Sep
Sep
Property management is a serious business that requires a serious approach. Make sure you have all regulations, procedures and paperwork in place before you put your property on the market. Bay Property Management Group is here today to help you avoid a few embarrassing situations that may occur if you are new to property management. […]