DO YOU KNOW WHAT IT TAKES TO RENT YOUR PROPERTY AND TAKE CARE OF THE TENANTS YOURSELF?
Nowadays we would all like to buy an investment property in Panama and put it for rent to enjoy the money it generates from the rent, however this does not only imply "Owning a Property".
Once we decide to buy a property and we are going to put it for rent, the situation becomes a little complex and the following must be considered: Everything must be arranged to show your property in the best conditions and you must have time to organize appointments with prospects who want to visit the property. Once the rental is finalized with a client, the lease contract must be made and finally, everything must be verified that everything is in perfect conditions to hand it over to the new tenant.
However, once the new occupant of the property is already installed is when magically a thousand and one things happen that make the owners lose their minds. Among these we can mention:
- A broken pipe needs to be repaired.
- Leaks appear in the walls.
- Electrical problems occur.
- Floor tiles and ceramics come unglued.
- Air conditioners do not cool.
- Toilets become clogged.
- Insects come out everywhere and have to be fumigated, etc, etc, etc, ect.
- There is an endless list of inconveniences that stifle the owners with many responsibilities.
To avoid all the stress that this generates, it is recommended to hire a Property Management service to make all the arrangements for you.
Putting your property in the hands of experts in the area, they ensure that it is delivered in optimal conditions to the new tenants and that during their stay in your property, they guarantee that the rent and service payments are up to date, that supervision, technical service and repairs are carried out, that you receive a monthly statement of income and expenses, among others.
In short, your property managers will take care of everything and you will finally only have time to enjoy the money you receive from the rent.
Avoid headaches, consult with our department about our FREE Property Management service and receive the best advice. Also within this service, we can offer you the verification of the credit references of the prospects interested in your property in order to help you in the selection of a good client.