Grove Family Investments

Investing in co living rentals can be lucrative, but if you’re managing from afar, logistics can quickly become tricky. Remember, you probably can’t have this delivered to your house even if you live locally.

The Cost of Furnishing: More Than Just a Purchase

So you need to coordinate delivery of items that come at different times Along with assembly and staging. This is one of those little things which you don’t think about when doing your underwriting. But, if you get it wrong, it could. significantly increase your holding costs. and stress levels.

The Amazon Dilemma: Deliveries from Afar

Many remote owners opt for online shopping platforms like Amazon to furnish their properties. Sounds simple, right? But if the property isn’t staffed or no one is on-site, managing multiple deliveries across days becomes a logistical headache. So, what’s the best way to handle this?

The Fix: Build Local Partnerships

The solution is working with trusted local partners. This approach has proven invaluable for remote investors. The vendors you’d be working with this case is probably a local moving and storage company. Here are the steps:

1. Buy the furniture on line.
2. Have it shipped to the vendor. You
3. When it all has arrived they can then deliver and assemble it for you.

Property Manager: Your Eyes on the Ground

Your property manager is key to a successful setup. They’ll be the first to hear tenant feedback about what works and what doesn’t. Involving them in the setup ensures that the space is both functional and welcoming for future tenants.

Final Thoughts: Simplify, Delegate, Succeed

Furnishing a rental remotely doesn’t have to be a hassle. With smart planning, reliable local partners, and a proactive property manager, you can set your rental up for success without ever being there in person. Simplify your process, delegate the logistics, and focus on what matters most—growing your investment.