When renting out an apartment while in another country, you need to carefully assess the living space. For additional guarantees, the property should be insured. Most of the transactions today are carried out within the framework of trust management.
Many people, going on a long business trip or for permanent residence, do not seek to sell real estate. This makes it possible to receive additional income on a monthly basis from renting an apartment. The easiest way to find new tenants is in your home country. Then you can use classic ad tricks, social media, and refer friends. If the idea arose from the move, then you need to take into account several features.
You should start with a careful study of the market. It is difficult to assess the situation in Russia abroad, especially since real estate prices are changing all the time. Therefore, study the proposals taking into account:
- total footage;
- the presence of furniture and household appliances;
- quality of repair;
- remoteness from public transport stops;
- infrastructure.
Feel free to use information from ads located on the Internet.
Search options and ad serving
First, decide to whom you are ready to rent your property. Preference is given to married couples, families with children. You may not be allowed to have animals. Decide on how exactly you will rent the apartment. You can do this as a whole or in different rooms to different people. This parameter will also affect the price.
Sign an insurance contract for your living space and property before submitting your ad. This is a mandatory item for those who are not able to carry out regular monitoring. Such insurance covers the risks of theft, burglary, fire and flooding. If an insured event occurs, you can receive compensation. Today there are a huge number of companies offering this service.
When the preparation is complete, start looking for tenants. The easiest option is to contact your friends, perhaps among them there will be those who want to rent an apartment. If this method does not help, submit ads. You can indicate your phone number to tell about the conditions. And let the rental agent organize the viewing of the object.
Trusted for rent
If you want everything to go smoothly, find a rental agent. This person can be a relative of an acquaintance or a real estate agent. Choose someone you trust completely. Such an individual:
- will represent your interests in emergency situations;
- sign an agreement, renew it if necessary;
- help find tenants.
Most often, they turn to real estate agencies for help. Their reputation is important, as well as receiving the entire amount stipulated in the contract. Therefore, they will try to do everything as soon as possible and in compliance with your requirements.
When concluding an agreement for the trust management of real estate, you will have to make additional payments equal to 5-10% of the rental cost per month.
How do I get paid?
There are two main ways:
- accepting money through a trusted person;
- receiving funds to the card.
If you are in another country, then the latter option may be difficult. Visit the bank in advance to find out if they can transfer money to you. You can use the conversion services right away. This method is not always good, and because you can get caught in a deception. It is easy to avoid it if the tenant immediately signs the contract.
If you plan that you will periodically come to the city where the apartment is rented, then you can open a deposit account at a local bank. You can manage your accounts in your personal account from any country. In this case, you will not only receive money for the apartment, but also additional income in the form of accrued interest. They can go to the same account or to another.
When paying to a trusted person, you agree in advance how he will receive the funds. It is best to do this from hand to hand so that you can immediately monitor the condition of the apartment.
Thus, you can rent an apartment while living in another country. The only requirement is to observe safety precautions, check the information about who you are going to cooperate with.
