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How NRI can easily manage their property in India?

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NRIs prefer managing everything systematically and methodically. Property management is also not any exception. Have you ever wondered how nri manage property? Well, just like their other investments, e.g., shares, mutual funds, and fixed deposits, NRIs assign the task of property management to professionals. These property managers offer a complete spectrum of property management services and advice. Whether the property is a flat in a well-maintained housing society in some metro city or a heritage house in a remote village; a reputed property management company can take the best care of it. The owners abroad can live peacefully without worrying about the day-to-day affairs and hassles. How does a property manager help? A property manager not just performs the routine maintenance, it is a major chunk of his responsibilities though. He can give advice and execute all big-ticket items- sale or purchase of a property, tenant search, administrative issues, and so on. It i

6 Tips for collecting rent on Time

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Collecting rent on time is one of the biggest pains that property owners face. Especially, when the owner is an NRI. Even if you sign the collection policy in agreement with the tenant, there are still several operational issues.  What is the best way to collect rent from tenants and avoid any potential disputes? Well, in this blog, we will tell you five very effective tips for collecting rent on time. #1 Assign the task of rent collection to the property manager Yes, it is a smart way of doing that. A property manager is a person that manages your property . Of course, it comes with a cost. However, the peace of mind you get is terrific. The expense surely overweighs the expense. #2 Be clear about payment instructions Ambiguity in instructions is a big issue that creates problems in rent collection. When you sign the rental agreement it is expected that the tenant knows everything about the rent. How much rent should he pay? What is the scheduled due date? What is the re

5 ways to find verified Tenants for your Home in India

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When you are an NRI who owns a property in India, you would like to have it hassle-free. You wish to rent the property to have a regular income and keep the property well-maintained. However, it is crucial to find verified Tenants for your Home in modern times. It is because when you verify the tenant, it reduces the risk. Your aim should be to find a verified tenant that stays for a long period. Here are five tested and trusted ways to find verified tenants for your home in India. #1 Hire a property manager When you stay abroad and the property is in India, hiring a property manager is the best and most convenient way to find verified Tenants. Property managers manage the property on your behalf. They do everything that property owners find difficult. They will search, verify, and shortlist the best suitable tenants for you. Thus, you are relieved from the extra burden of doing that. Not just that, a property manager will handle almost everything that is required to m