Tamarindo Living Essentials - Property Management for Pros
You're not ready to retire. Or you are ready, but it's not in the cards, yet. However, you are leaning towards Costa Rica real estate as your best option, and now would be the time for you to invest. What would you do with your purchase the other 46-weeks of the year? Know this: you are not alone. In fact you're in good company. About 90% of investors will only spend at most six-eight weeks in their overseas investment. The rest of the year they rent the place out and collect income. And don't worry. You don't have to do anything. The smart move, and what most people do, is simply contract a property manager to handle everything. A property manager, a good one, will treat the property as well or better than you would while you are away, take care of all property business in your absence, and ensure that you get a steady stream of worry-free income from your investment.
Your investment is theirs....
A property manager is only as good as his reputation. In the world of Tamarindo real estate the reality is that you have options, and not all of them equal. A qualified property manager will manage your property like it were their own, with a business-mindset, maximizing profits, and minimizing costs. For example, they will have a schedule for air conditioning unit operation and maintenance, accounting for regular cleaning. Well maintained equipment not only lasts longer, it runs more efficiently, saving operation costs, and maximizing your profits. This level of attention to all aspects of your investment have both short and long returns. When you decide to sell you have a property which values higher than one that has been neglected. Not to mention, when you come to visit and stay in your place, everything works the way it's supposed to.
Not another bill to pay...
Not only will you property manager set up and manage bill pay for your utilities, association fees, or whatever is required for your investment, they will help you get those utilities up and running from the start. No muss, no fuss, you don't need to know how talk to the utility companies. You don't need to speak Spanish. It's taken care of for you and more efficiently than if you tried to do it yourself. Need cell service? No problem. Do you have to have high speed internet while in Costa Rica? Done. You don't want to and shouldn't have to chase down the information to get things installed. And you shouldn't have to worry about them being paid to work as you desire. Want to downgrade your high-speed internet while you are away? On it. Want to have a cell phone service included with your property for guests or your own family? Done. When is the last time your portfolio manager called your cable company for you?
Not just anybody should be allowed in your home...
You don't just open your doors to anyone. Why should that be different in Costa Rica? What if you were renting your home long-term (six-months at a time)? It would be a really comfortable way to ensure a monthly revenue stream, but you wouldn't rent your place to just anybody, and neither will your qualified property manager. Well-vetted responsible renters are the way to go. This mean renters with solid credit, who can put down a sufficient deposit, and have a reputation of respect which can be verified. You don't have the time to hunt down renters, vet their reputations, and meet them. Your property manager does.
Once you pull the trigger on your dream investment we hope you'll get someone to manage it for you, and we can't lie, we hope you'll let it be Coldwell Banker of Tamarindo. That said, if you decide to do something else, know that we will be here to help you the moment you ask for it. We take your purchase very personally and we see your investment's long term value in the same light. Whatever you ultimately decide make sure you go with experience and trust. You didn't come to this decision lightly and you deserve to have your investment protected.
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