Looking after your Arlington home can be a hassle if you are working or living overseas. While property-related activities such as rent collection and accounting can be managed from a distance, other tasks like conducting inspections and overseeing maintenance require one to be physically present at the location.
At such a time, engaging a local company from Arlington, Virginia, can help you effectively strategize and manage your home. Here is how an
Arlington property management company can manage your home when you are living overseas.
Finding The Right Tenants
Looking for tenants to occupy your home while you are overseas can be tough. Even though you can screen the tenants from afar, it may not turn out to be as effective as screening them in person. An Arlington property management company can set up an in-person and comprehensive tenant screening process to help you find the right tenant, in keeping with fair housing laws.
Conducting Inspections for Your Arlington Home
Alongside routine property assessments, move-in and move-out inspections form an essential part of rental management. Conducting such inspections is not possible when you are overseas, nor can you keep travelling to Arlington every time there’s an inspection due. A property management company can inspect your rental between showings, before the tenant moves in, during the entire duration of their occupancy, and after they leave. It will also provide you with detailed inspection reports and the documentation of the changes that occur in the house from time to time.
Overseeing The Maintenance of The Arlington Property
Another crucial aspect that Arlington property management can handle when you're overseas is rental maintenance. Once the tenant moves in, repairs and maintenance issues are a regular requirement. A property manager can effectively handle maintenance requests, hire qualified contractors for repairs, and ensure prompt resolution of tenant concerns. This
keeps your tenants happy and extends the life of your property as well.
Timely Rent Collection
Although you can collect rent online when you are overseas, it can get difficult to deal with missed rent payments. Entrusting the responsibility of rent collection to a qualified property management company can ensure that you receive rent from your tenants on time, with follow-ups if required. They also charge late fees for delayed rent payments and issue late rent notices whenever necessary.
Managing Accounts for Your Arlington Property
Repairs, maintenance, and other management-related issues demand expenses and an Arlington property management company can help you track those. Additionally, it can also help you pay bills for utilities, internet services, filing for taxes, manage security deposits, report operating expenses, and provide detailed weekly and monthly financial reports and statements.
In addition, a transparent and open property management company is regularly in touch with you to give updates about the property condition, the tenants, and every detail related to your Arlington rental.
Managing a rental from afar can be quite a difficult task, but with the help of the right tools and the right manager, it can be a hassle-free experience. Arlington Realty Property Management has helped countless overseas investors and effectively managed Arlington properties on their behalf.
