Like the title seems to suggest, this kind of advice on property management will sound crazy and result in amazement from the general audience whenever it is given to anyone for the first time. Once one gets to conceptualize the reasoning behind this idea, then they will get to start appreciating and quite well adopting this crazy idea for the management of their property.
The rule is that the good investor should never visit their property and it is even advisable not to live in the same state as your investment property is located. This crazy proposition has the advantage of opening you endless opportunities to investment as you can with it go ahead and invest in whichever part of the wide world you may choose to do your investment in. The following discussions are some of the reasons detailing why you will need to have a professional real estate agent to manage and inspect your investment property getting you completely off the limelight of the investment management and such like property issues.
A building inspector will have had to do the building an inspection before you finally decide to purchase it. We all know that when a task is left to be performed by the professionals, then it really gets done with a superior touch as compared to the task being done by the laymen and this therefore means that you will essentially be wasting your efforts and time when you try to do an inspection on your own for your investment property. Even post the purchase and as such the property is now in your hands, you will have the services of a good rental manager to help you with the management of the property and these too are professionals who quite well understand their jobs and will do you a great service for the inspection and management of the property.
There should be absolute confidence put by you in the personnel you task with the management of your property and where this is lacking then that becomes a sure cause of concern for you are with the wrong team for management. You need to note that inspecting the property on your own will cause emotional attachments to the property a scenario which is not quite good for financial based decisions. As an investor you must as well be aware of the fact that your time is far more than doing a physical check on your property. The good investor knows quite too well that real money is out of capital growth and invests more of his time in seeing the ways of seeing this achieved.