IF YOU’VE EVER RENTED A PROPERTY, you’ll know how often you’ve had to contact your landlord to discuss your neighbour’s cat making itself comfortable on your designer couch or about the broken tile in the shower. As a landlord, you have a responsibility to ensure the comfort of your tenant, which gets tricky if you’re a sixteen-hour flight away. If you have a property in a country that is prone to natural disasters, you’ll need to keep an even closer eye on things to ensure that your property is equipped to cope with whatever the weather throws at your investment.
It may sound like a lot of work, but that’s simply because it is. That’s why many property owners choose to retain the services of a property management company to take care of the day-to-day responsibilities of a landlord. According to Chris Immelman, managing director of Pam Golding’s I nternational Division, a managing agent will not only help you find a tenant, but also assist with rental collection and handle maintenance. Your rental management company will keep a close eye on your property and keep you informed of any issues, so Immelman advises you do a bit of research before selecting a company to manage your i nternational property. “Some basic desktop research would normally be sufficient, but perhaps following up with references provided by the managing agents would normally establish the credibility or otherwise of the agent,” he says.