How to Be a Long-Distance Landlord

How to Be a Long-Distance Landlord

Key Takeaways

  • Strategic property selection and local support are essential. Long-distance landlords should invest in properties that are low-maintenance, located in stable rental markets, and near trusted service providers. Building a reliable team of local professionals, including contractors, maintenance staff, and a real estate attorney, ensures smooth day-to-day operations.
  • Technology and professional management enable effective remote oversight. Leveraging digital tools for rent collection, property inspections, and maintenance tracking, along with hiring a skilled local property manager, allows landlords to efficiently manage properties from afar while maintaining compliance, tenant satisfaction, and consistent income.
  • Ongoing communication, legal awareness, and periodic visits maintain control and trust. Open, professional communication with tenants, staying updated on local laws, and scheduling annual property visits help long-distance landlords protect their investments, build relationships, and remain informed about the property and neighborhood.

Managing rental properties can be challenging even when they are just a few streets away. The complexities increase significantly when your properties are located hundreds or even thousands of miles from you, which can understandably feel overwhelming.

Nevertheless, many investors are successfully taking on the role of long-distance landlords. The reason is simple: attractive investment opportunities are not always local. You may find that your home market is out of reach, you inherited a property in a distant location, or you’ve identified a booming market elsewhere that offers strong returns.

a person sitting at their desk talking on the phone

Regardless of the reason, managing a rental property from afar does not have to be difficult. With the right support, mindset, and systems in place, the process can be smooth and stress-free. In this article, we at TJC Real Estate and Management will outline everything you need to know to manage a rental property remotely with confidence and efficiency.

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Choose a Suitable Rental Property

Not all investment properties are equally suited for long-distance landlords. To achieve success in managing properties from afar, it’s crucial to select the right investment. Ideal properties typically exhibit the following characteristics:

  • Located in a desirable neighborhood.
  • Situated within a growing and stable rental market.
  • Close to reliable property managers and trusted service providers.
  • Low-maintenance and operationally efficient.
  • Capable of attracting long-term tenants, such as single-family homes or small multifamily units.

Properties with these features make remote management more efficient, help minimize turnover, and support consistent rental income.

Have a Solid Team on Ground

As a long-distance landlord, you cannot be everywhere at once. It’s essential to have a team of trusted and reliable local professionals to help manage your property effectively. Remote property management is not a do-it-yourself endeavor, and assembling the right support network is critical.

a landlord conducting a property tour

At a minimum, your team should include:

  • An emergency plumber and electrician.
  • A cleaning service for tenant turnover periods.
  • A trusted contractor or handyman for general maintenance.
  • Lawn care and snow removal services, where necessary.
  • A local real estate attorney for legal guidance and lease agreements.

Hire a Property Manager

Effective day-to-day management of your rental property requires a professional, local property manager. A skilled property manager serves as your eyes and ears on the property, providing peace of mind and ensuring smooth operations.

To select the right manager, conduct thorough interviews, review client feedback, ask detailed questions, and request references. A competent property manager will assist you with:

  • Ensuring compliance with all legal requirements.
  • Performing regular property inspections.
  • Collecting rents efficiently.
  • Marketing the property effectively.
  • Handling emergency and maintenance issues promptly.
  • Screening and onboarding new tenants.

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Deploy Digital Technology

The most effective way to manage a rental property in Colorado remotely is by leveraging modern digital technology. This allows you to establish a centralized, digital command center, enabling smooth operations regardless of your location. Key tools to consider include:

  • Virtual tour platforms for property inspections and marketing.
  • Online systems for rent collection.
  • Cloud-based document storage for easy access and organization.
  • Smart locks and video doorbells for monitoring and secure entry.
  • Maintenance tracking software to manage repairs efficiently.

Ensure Communication Channels are Open and Professional

When managing a property from a distance, it’s essential to maintain open and reliable communication with your tenants, as in-person meetings may not be feasible. Clear, timely, and professional interactions help build trust and prevent misunderstandings or resentment.

a property manager talking on the phone and taking notes

Consider the following best practices:

  • Establish and communicate clear expectations for the property, and ensure they are consistently upheld.
  • Follow up on maintenance requests and confirm that they have been addressed.
  • Provide tenants with appropriate emergency contact numbers and services.
  • Utilize messaging apps or email for non-urgent communications to maintain efficiency and clarity.

Get Updated on Local Laws

At least once every year, check for any updates on laws governing the rental property’s location. That is because each city or state has different laws regarding landlord-tenant relationships. To protect your rental business, you should have a local attorney in your team, join landlord forums in the neighborhood, subscribe to local news alerts and city news updates.

Doing so ensures that you’re always informed on rent control laws, inspection requirements, security deposit handling, eviction laws, and Fair Housing policies.

Plan for a Visit

Even when you are managing the property smoothly from a distance, you should still aim to visit it at least once in a year or during vacancies. Plan your budget to include hotel stays, flights or gas, transportation, and meals. You should also keep track of these expenses as they may be tax-deductible.

By taking the time to visiting your properties in person from time to time you:

  • Get to meet and interact with your tenants.
  • Stay connected with the neighborhood.
  • Build trust and connection with your property managers.

Bottom Line

Being a long-distance landlord comes with its challenges. However, you can find success if you put the right systems in place. Ensure that you have standard operating procedures, hire help when needed, track expenses, income, and returns on investment, then have a yearly evaluation.

You can also work with local property managers who can establish all of this and more on your behalf. If you own rental properties in and around Denver consider the benefits of working with our team at TJC Real Estate and Management. Reach out today to learn about our trusted property management services!

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