If you live in one state and own rental properties in another, you probably deal with a lot of challenges that other landlords often don't have to deal with. For example, you might have trouble keeping your properties maintained without physically being there, but there are options out there for you. These are a few ways that you can keep your properties well-maintained without having to make constant trips to another state.
Hire an Individual to Handle Your Maintenance
If you have a few properties, it can be smart to hire a handyman to handle most of your maintenance for you. You might have to pay the person hourly or per job, or you might be able to work out a deal in which the person can live in one of your properties for free or for a discounted rate. This can be especially helpful if you have the person maintain a small apartment complex or mobile home park.
Leave It Up to Your Tenants
Although it's risky, allowing your tenants to take care of maintenance for your home can help reduce a lot of stress and can save you a lot of money. There are a few ways that you can work out this type of arrangement. You can have your tenant call a repair company when something is in need of maintenance, and you can call the company directly to pay or send in a check. Another option is to ask the tenant to pay for necessary maintenance and then subtract it from their monthly rent payment. For this to work, you will need dependable and trustworthy tenants, and you'll need to stay in close contact. You will also probably want to see copies of receipts for any work that is done.
Hire a Property Maintenance Company
One of the safest ways to keep your rental properties in good shape when you're out of state is to hire a property maintenance company like Marcine & Roussel Company. These companies specialize in maintaining people's properties for them, especially for people who live in other areas. Then, you won't have anything to worry about other than paying your maintenance company, although you will obviously have to pay for the service.
As you can see, your rental properties aren't doomed to being poorly-maintained just because you live in another area. If you try one of these tips, it should be a breeze to take good care of your properties, no matter where you live.