A guide to managing property remotely
What are the benefits of remote property management?
Being a remote landlord might have its challenges, but we’d say these are outweighed by the benefits. Here are five of the biggest benefits:
How to manage property remotely
So how should a landlord manage their property remotely? Our experiences as landlords – both remote and local – have taught us the following about remote landlord property management:
Build a team you can trust
Travelling between properties is an impossibility if you live or work in a different area to your property. That’s why remote landlords need a team they can trust. The easiest way to find a trusted team is to work with a reputable property management company. As well as being able to collect rent, screen tenants on your behalf and ensure your property complies with legal obligations, they’ll have a team trusted tradespeople they can use to carry out routine and emergency maintenance.
Use technology to make life easier
Technology has come on leaps and bounds in even the last five years, transforming the potential for remote property management. A quality property management company will have existing tech in place to help you, but even so it’s worth checking out the different options out there. If your property management company doesn’t provide all the tech you need – or if you prefer to go it alone – we’d recommend:
Quality comes first when working remotely
If you’re a remote landlord, it stands to reason that you can’t hotfoot it over to your property whenever there’s a problem. And even with a maintenance team on standby, things could quickly get expensive if you’re calling them up on a weekly basis. Swerve property maintenance issues by investing in quality fixtures and fittings in your properties. A new boiler, well-maintained heating and quality white goods will mean fewer calls from your tenants.
Strong security will set your mind at ease
Give yourself and your tenants extra peace of mind by ensuring your property has strong security in place. There’s a chance that your property may be vacant between tenancies or during maintenance, so investing in high quality locks, strong windows and sturdy garden fencing (if necessary) will deter potential break-ins. You may also want to consider installing external security cameras and an intruder alarm.
Schedule visits to stay connected
There’s no substitute for checking in with your properties from time to time. Scheduling time to visit your properties and meet up with your property management company will help you stay abreast of your property and keep relationships strong and productive.
How The Home Club supports remote landlord property management
As an independent team of experienced property managers and landlords, we are uniquely placed to help landlords let their properties in the Guildford area. Whether you are letting your family home to work abroad or have a portfolio of properties, we can help.
Here are just some of the ways we can help you remotely manage your property:
Find out more about letting your property with The Home Club and using our Property Management Service. We’ll even help you switch from your existing agent with our Easy Switch service.
Call us on 01483 608 875 to find out more or visit TheHomeClub.com.