How do you take care of more than one home across different states? The methods vary from homeowner to homeowner. Making sure your properties are secure, well-stocked, and as efficient as possible will save you money and give you peace of mind no matter where you’re currently spending your time. As you get organized, create a plan that will allow you to travel confidently across state lines while maintaining your budget. Looking for a new home or investment property in San Diego? Or are you selling a home you currently own? Here at the McT Real Estate Group, we can help you start the search or begin the process of selling your home.
Use these tips to formulate a plan for maintaining multiple homes in different states as an entrepreneur:
Get your business in order and hire freelancers
No matter where you are in the world, it’s crucial that you have a solid understanding of what’s going on with your business. As someone who travels a lot, you may want to consider appointing a registered agent who can handle important paperwork on your behalf. This will give you peace of mind when you can’t be there in person.
You might also consider hiring freelancers to help run things more smoothly as you travel. A recruiting agency can help you find talented contractors to take over important tasks in areas like marketing, tech, or design. They have a list of professionals to choose from in just a couple of days. Hiring freelancers is a great way to stick to a budget because you don’t have to spend time on training hours the way you do with employees.
Save money with a realistic budget
When you own multiple homes in different states, it’s also important to find ways to save money with regard to your personal finances. Fortunately, you can shop around for the best deal on things like cars and health insurance in the states where you own property and take your pick. For smaller expenses, you can create a plan that will allow you to stay on budget, such as installing a smart thermostat to keep costs under control when you’re not using a property.
Stay on top of expenses as you travel
It’s also important to make an effort to save money as you travel, especially if you’re planning a move sometime soon. Also, learn how much the cost of living in the cities you’re interested in. Staying on top of resources in different areas will allow you to keep your spending in check; here are a few examples.
- The average cost of a storage unit in San Diego, California, is $145.25.
- A home in Phoenix, Arizona, costs about $466,120 on average, while rent will range anywhere between $2,200 and $2700 for a 3 bedroom.
- In Denver, Colorado, a doctor’s visit typically costs about $121.00.
- The cost of childcare in West Palm Beach, Florida, is about $15.86 per hour.
- Phone bills in New York, New York typically run about $192.44 per month.
When it comes to maintaining multiple homes in different states, getting organized is crucial. Utilizing the right communication tools will help you and your team easily manage projects and stay on top of things no matter where you are.
If you have any Real Estate-related questions, contact us today at the McT Real Estate Group.