You don’t have to live in King County to invest here. In fact, you can live outside of the country and still earn money on rental properties in this area. Our market has a lot of great opportunities, and our tenant pool is strong and growing in numbers and quality.
At People’s Real Estate & Property Management, we often work with people who are renting out property here but living outside of the U.S. If you’re a foreign investor or you’re leaving the country but you don’t want to sell your home, we have some advice that will help you feel at ease with the way your asset performs.
Avoiding Vacancy with Strong Leasing Programs
Long vacancies are expensive, and it’s important that you get your King County rental property rented quickly, for the most amount of money, to the best tenants. This is never easy when you’re outside of the country, so you need property managers that are local experts with a lot of tools and resources. Work with a management company that has good marketing strategies and careful but compliant screening processes.
We succeed with competitive pricing, attention to detail that ensures your property is ready for the market, and a leasing process that’s efficient and effective. We place reliable, responsible tenants who have great references and a verifiable income. We collect the security deposit, set the tenants up in our system, and manage their rental experience from day to day. Even though you’re out of the country, you’ll be able to access the signed lease and review the inspection report and photos through your online portal.
Staying on Top of Rental Laws and Regulations
It’s easy to make a legal mistake when you’re renting out property, and that risk is even higher when you’re renting out a home from another country. While you may not have time to keep up with all the fair housing laws, eviction legislation, and disability accommodations that are necessary to remain in compliance, we can do that for you. We stay up to date on all the current laws and we pay attention to the things that may be coming in the future. You won’t have to worry about expensive legal or liability issues.
Preventative Maintenance and Property Protection
There’s not much you can do for a tenant who calls to report a problem in the middle of the night when you’re living halfway around the world. You need a property manager to answer that call and respond right away. You need someone who will not put your property at risk of further damage with unlicensed vendors or long delays. Our team takes care of routine and preventative maintenance as well as emergency repairs, protecting the value of your asset and contributing to excellent tenant retention.
Communicating Promptly and Transparently
Living out of the country, it’s not like you can drive by your rental home or give us a quick call to check in. We make sure to keep communication a priority, however. You’ll be able to reach us through your online portal no matter what time it is in your country. You can send messages, review accounting statements, and ask questions about reports and invoices.
We are here to make the investment process as stress-free as possible for all of our investors living outside of the country. To learn more, contact us at People’s Real Estate & Property Management.