Management

Why good management is important

An owned property is a precious and valuable asset. When you take the step to rent out the property, this should be handled with care. After all, it is a form of capital investment. If you handle it in the right way, you will make a return. But it is not by definition that you make a return on the house. If legal or technical problems arise, for example, this can quickly become paperwork. Often the costs quickly increase, up to thousands of euros. That is why it is wise to be thorough when renting out real estate and to have a lot of knowledge. Managing real estate often takes more time than you think. Moreover, you have to take into account the fact that the tenant is well protected in the Netherlands.

What problems can I encounter?

In the area of finance, it may happen that the tenant in question no longer pays the rent. Since the rent is often a large entry, the costs of non-payment quickly increase. Also because your costs continue. In the event of several months of non-payment, a bailiff or collection agency must be called in and, if necessary, legal assistance afterwards. As you can understand, the costs can then run over thousands of euros. 
> You can prevent this by tightly regulating the financial management. We understand that you do not always have the time and knowledge to do this. We can take these matters out of your hands and be on top of them in the event of non-payment, so that the outstanding backlog does not increase further and further costs for legal measures are saved. 
It is important to keep the house in good condition. Your home is worth a lot of money and you don't want technical defects to make it worth less. Good and regular maintenance is important in this respect. In general, tenants are a little less careful with the house than you are. Tenants can call you 24/7 with technical defects, some of which have to be solved immediately, before worse problems arise.
> It is therefore important to carry out good technical management on your property, with a maintenance plan. It is also wise to carry out regular inspections so that hidden defects can be discovered. Prevention is better than cure. You also prevent illegal cannabis nurseries, for example.

Why outsource real estate management?

As you can already read, you can encounter many problems when renting out real estate, and if you do not deal with it adequately, you can quickly lose money with it. Only with good management of your real estate you can secure your investment. We understand that you do not always have the time or knowledge to do this yourself. Nevertheless, it is important to do so that you have the highest possible return. In those cases we are happy to assist you. Houses4Let has years of experience in the management of real estate and will assist you with all matters. Real estate management is not only for the big investors, even if you only have one property in your portfolio, real estate management offers you many advantages.

Interested in real estate management?

Are you interested in outsourcing the management of your real estate? Then please contact us. We will gladly inform you further about the possibilities.

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