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Everything You Need To Know About Lease Renewals

Rental Choice

A lease renewal is a common part of renting. It offers tenants and landlords a chance to continue the tenancy. If a tenant’s lease term will end soon, it’s important to know how the lease renewal process works. What is a Lease Renewal? It is essentially a new lease for the same property.

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Buying a Second Home and Renting Out the First: A Guide

Bay Property Management Group

Are you considering renting out your first home and buying a second one to live in? Buying a second home while renting out the first has been a popular option for many homeowners looking to build wealth. There are a few considerations to make before buying a second home and renting out the first. But where do you even begin?

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Tips to Minimize Tenant Turnover

American Apartment Owners Association

In the competitive world of property management, tenant turnover can be a significant drain on resources and profitability. The costs associated with vacant units, marketing to new tenants, and preparing properties for new occupants can quickly add up.

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5 Creative Ways to Get Bad Tenants Out

American Apartment Owners Association

In property management, landlords often face the challenge of managing difficult tenants who refuse to leave. Each tenant situation is unique, and exploring strategies that have worked for other landlords can provide valuable insights. Offering to help make their move easier boosts the likelihood of agreeing to a shorter lease term.

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Renting to College Students – Lease Agreement Terms & Tips

Bay Property Management Group

There is a big demographic that many people come across when renting housing: college students. As a landlord or owner, what are the considerations when renting to college students, lease agreement addendums and terms to consider, and general ramifications of renting to this group? There are a lot of considerations.

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How to Keep Your Tenants Safe

American Apartment Owners Association

The signing of a rental lease agreement represents an expectation of trust between a landlord and a tenant. Just as you are placing your faith in a new tenant to pay their rent on time and respect your property, they are placing their trust in you that you will keep them safe while providing them with a habitable home.

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Gross Lease vs. Net Lease vs. Triple Net Lease: A Guide

Bay Property Management Group

There are so many types of leases. Examples of these are gross lease vs. net lease vs. triple net lease, which all sound very technical and full of jargon. As dedicated property managers in Baltimore and surrounding areas, we deal with a lot of leases. Table of Contents What is a Gross Lease? Good question.

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