Becoming a landlord takes a lot of work and sacrifice. While profitable, the career is not for everyone. As more and more people shift towards remote work, many landlords may be questioning whether it is an option for their role. Whether you hope to work from a home office or from a beach in Thailand, there are several factors to consider. Scott Safadi of Cal Bay Property Management advises all landlords to think long and hard before making the switch.
Consider the traditional purpose of a property manager: to handle the day-in and day-out duties associated with maintaining a property and its tenants. While your duties may be more or less involved, you'll still likely need to be able to pick up the phone at a moment's notice. While virtual receptionists can help, there's nothing quite like being on premises to help put out fires.
Thankfully, your dreams of working from a Thai beach don't have to come to an end. By partnering with a property management company, you can ensure your property is well-maintained and supervised while you're away. For a reasonable percentage of the rent you charge each month, a company like Cal Bay Property Management can take your mind off your duties and allow you the freedom to roam.
Whether you oversee multiple properties or just one, turning your duties over to a professional property management company has a lot going for it. In addition to the peace of mind you'll feel with your property in the hands of trusted professionals, you'll also be able to take a hands-off approach to being a landlord. If you're curious about what a property management company could do for your life as a remote worker, contact us today.
- Scott Safadi, Cal Bay Property Management
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