Good morning everyone, a question for owners of 5 or more properties. A property with a tenant in Israel creates a certain tension in the matter...
Good morning everyone asked 5 Properties and above.
A property with a tenant in Israel creates a certain tension in the matter of whether the tenant will pay on time/will not pay in the matter of house maintenance, will there be a problem, will everything flow as it should. If he leaves, he needs to find a tenant, more brokerage fees, etc.
What is the level of tension when the assets abroad in all respects I recorded as stated when my lack of control is out of reach
?
Stress comes from a lack of knowledge. There are systems to handle everything. You include the problems you mentioned when calculating the potential value of the property.
Probably the cheaper the property, the more likely it will be that tenants from a weaker population are destined for more problems.
In addition, as Lior noted, state laws need to be checked.
In Texas, a tenth of the time it will take in California will take away.
Very individual, not for everyone. The level of stress varies from person to person, however if you acquire knowledge and know what you are doing the level of tension will go down. There is always the unknown and the surprises.
It depends very much on the country and its laws. Democratic states, Republican states, tenant protection laws, eviction, landlord friendliness, etc.