Property management

Property management in Thailand, Indonesia and Cambodia
The delivery and maintenance of the facility can be given to the management company. Resident search, check-in and check-out, inspections, minor repairs and fee collection remain in place — in Thailand, including Phuket, Indonesia or Cambodia. The owner receives reports and can live in another country.
The service is needed by both those who already own housing and those who are just buying and counting in advance who will handle the rental after the transaction.
What is included in management
Search for tenants. The object is prepared for display and brought to the demand of the country where it is located. The channels and season are different in Phuket, Bali and Cambodian cities, so the campaign is not copied from one location to another.
Checking residents. Before moving in, they look at the solvency and clarity of the contract. This reduces downtime and disputes, but does not cancel the deposit and normal rental conditions.
Rent and report. Payments are collected according to the contract schedule. The owner sees what was received, what was spent on maintenance and what was transferred to him. In the report — income, not promise of income «under any circumstances».
The delivery format is set by the owner: long contract or short races. Both the guest check and the check-in calendar are collected for it.

How the control of the object works

Condition of housing. Regular inspections, minor repairs and maintenance to ensure that the apartment or villa does not stand idle due to a breakdown and does not lose sight for the next visit.
Transparent outline. Finance and household work are visible to the owner: what was done, how much it cost, who lived. An individual manager is assigned to the object and gets in touch when the issue cannot be postponed until the monthly report.
Documents. Agreements with tenants, acts, support for the lease transaction. The legal scheme is tied to the country of the object. The identity of the owner in correspondence with the tenant does not need to be disclosed: contact goes through management.
Payments. What is actually collected under the contract is listed. Timeliness rests on the selection of residents and control of payments, and not on the formula «the money will come in any case».

What the owner doesn't do

There is no need to be in the country where the facility is located. Management is just for those who are in another state or do not want to be in touch with residents.
The owner does not search for or select tenants, does not meet them with keys and does not remain available around the clock. Doesn't fly to solve everyday or cash issues. Utility payments, applications to the complex management company and minor repairs are closed on site. The condition and safety of property is checked by inspection, and not by alarm from afar.
The same outline suits the house and apartment that they themselves use several weeks a year, and the rest of the time they do not want to leave empty unattended.

Before starting your rental

Location market. Demand, competition and season — by site area. Phuket figures are not transferred to Indonesia and Cambodia.
Evaluation. Cost and realistic rental rate so that the decision to let is based on comparable properties rather than on an advertisement «income from».
Taxes. We help you figure out what obligations the owner has when renting out in this country. Rates and payment procedures vary; they are not combined into one memo into three jurisdictions.
Profitability is calculated for a specific lot: load, season, downtime, management commission and maintenance costs. In resorts in Thailand, including Phuket, with stable occupancy, owners often focus on rental yields of 7% per annum. This is not a promise for each object and not a general figure for Indonesia and Cambodia — there is a separate calculation.

Why give an object to management

The question «who looks after the property if I am not in the country» stops the purchase more often than the price. Trust management responds to it with an agreement: after launch, the owner receives a rental flow and a status report without maintaining the operating system himself.
Makes sense in two cases. First — supervision and maintenance when the owner rarely comes. Second — change for income. In both, the professional scheme cuts down on downtime, unnecessary expenses and loss of fortune, due to which the property becomes cheaper to resell.
You can look for residents, control cleaning and close your life yourself. Remotely, this turns into a second job in someone else’s time zone.

How the work begins

1. Consultation. Country, type of property, rent or only maintain, what income and how simple are acceptable to you.
2. Documents. We collect what is needed to legally deliver and maintain this particular facility.
3. Management. Technical content, residents, payments and reports. Then the object is carried out according to an agreed scheme, and not on one-time orders.

The cost depends on the range of services and on the housing itself: an apartment in a complex and a villa with a swimming pool are calculated differently. The time frame for finding a tenant depends on the season, rate and condition —it is called after the property is assessed, and not a general promise «quickly».

Transfer the object to management

Write the country, city and what you are renting — condominium, villa or apartment. Tell me, you need supervision, long rentals or short visits. For Thailand, Indonesia or Cambodia, we will collect a management scheme and payment for this address.