Hi.
Anybody have experience with living in one place while owning rental/commercial property in a different country?
Thoughts welcome.
Yes i do
These were my issues;
property maintanance - grass cutting. Your grass will be 6 ft high inside 3-4 months. Buy a lwnmoer and enough gas for the time you are away so the handyman can mow your lawn
Property maintenance - home. you need to clean same or open a window to allow the home to air out
Theft of pool equipment / or anything that was not tied down. Lock everything down
Need for an 8 foot fence to at least make it more difficult to enter the property
Pool- do you keep it full and pay the electricity all year or empty??
cleaning same
Ongoing costs for cleaning, maintenance, all the above
Lock EVERYTHING DOWN
Beware of foreigners seeking to help....tread cautiously. Basically you dont know who you are dealing with down here
My solution
Buy in a protected secure estate. Consider using a management company, they are expensive;
I had a trusted individual that was well known to me come and clean my lawn 1 time a month for $30. I western unioned the money to him each 6 months. it worked for me, but i was lucky i think to find him. He had a key to the front iron gate but not the house. The house i locked up for 2-3 month periods ; The next option which i am currently doing is renting my home out to people i know. They maintain everything. Its a stress off my mind as i travel the world. Only problem is i cant come back to my 3 homes as they are all rented. its not worth the stress of leaving a home un-protected or cared for, people will come and take from you ( foreigners included)