Property Management for Foreign Service Members
You’ve passed the QEP exam or Basic Training and now you’re proudly living your dream serving your country. You’ve bought a home, just begun to settle in comfortably, and then it happens.
You get the call.
The voice on the other end of the line informs you that you have just two weeks to get ready for your overseas mission. You feel both excited and apprehensive as you think to yourself, “What am I going to do about my home in only two weeks?”
Keep the Peace at Home with a Property Management Company
Don’t stress. You’re not alone. Property managers help Foreign Service members and Military members manage their rental properties all the time when they’re on duty overseas. They update you on aspects of your property regularly and provide access to your account through a 24/7 online portal. Whether you own a single-family home or a multi-family home in Washington D.C. or Northern VA, property managers can help you prepare, maintain and manage your rental property effectively and efficiently until you return to the States.
Three Ways Property Managers Put You At Ease
Professional property management companies can serve, honor, and protect your investment while you’re abroad.
- How Property Managers Serve Foreign Service and Military MembersProperty managers analyze the marketplace so you can get the best rent for your property while still remaining competitive. They advertise your listing, take quality photographs and shoot HD video virtual tours of your property. In our visual society, photography works best to rent your property faster. Managers create an inviting home environment for prospective tenants and current renters by arranging to have your property grounds maintained–cutting the grass, trimming hedges, planting flowers, adding edging, cleaning windows, cleaning gutters, and keeping the property free from trash and debris.
- How Rental Managers Honor Your PartnershipYour agent draws up documents ensuring you, the management company and your tenants are all in agreement with your lease terms and expectations. Your documents, which include all leases and financial transactions, can be easily accessed and downloaded from an online portal should any questions come up. Tenants can also conveniently pay their rent securely online through the portal. The rental manager collects rent from tenants who prefer to pay their rent offline. Your property management company assures tenants are compliant with your lease terms and gives you as much control or as little responsibility you’d like to assume over your property.
- How Property Managers Protect Your InvestmentYour manager performs a thorough tenant screening process verifying employment and running credit scores and eviction and criminal background checks. He or she collects security checks and deposits them in an interest-bearing account required by law. There are other legal responsibilities your rental manager can advise you about. Your management company distributes and renews your leases and makes any necessary adjustments or changes to the lease terms with your approval.
Do you expect to be transferred overseas and have a question about your property? Contact us for answers.
– By Stacy Sare Cohen