"Property Management", is the name given to the work done by people or companies that will take care of your home. In America, unlike Turkey, the homeowner pays all expenses related to the house. These expenses include expenses such as maintenance money, property tax, insurance, and pool maintenance, if any.
Home Ownership and Expenses in AmericaWhen you buy a house in America, it usually comes with appliances such as washer and dryer, oven, refrigerator, microwave and stove are included in the price you pay for your home. If there is a problem with these items or even the air conditioning or plumbing system after the tenant enters your home, the landlord must send a repairman to fix these problems and cover the cost.
The Property Manager, that is, the house manager, deals with such problems on your behalf and thus allows you to keep track of income and expenses only. In this way, you will not have to deal with stressful processes remotely or within the USA.
Property Manager tasks may include:There are significant differences between hosting and management in Turkey and hosting and management in America. In Turkey, the tenant usually bears the maintenance and repair costs of the house and the houses may not contain white goods. In America, homeowners bear all maintenance and repair costs, and houses are usually rented fully equipped.
Therefore, for Turkish investors who want to invest in America, working with a Property Manager simplifies transactions and increases the efficiency of the investment.