How to manage Thai real estate after purchase?

In order to invest in real estate in Thailand, in addition to understanding the laws, regulations and consumption habits of the local market, the management and maintenance of real estate in the later period is an issue that cannot be underestimated. Let's take a look at how to manage real estate in Thailand after purchase.

I. Inspection before delivery of the house

When buying a first-hand house from a developer, before (or after) handling the transfer and obtaining the house title certificate, and before actually handing over the house card, the developer will invite the buyer to the house actually purchased for final quality acceptance. After the acceptance, the relevant staff of the developer will ask the buyers to sign the confirmation letter of house inspection. Once this confirmation letter is signed, it means that the buyer has no objection to the construction quality of the purchased property.

Therefore, it is recommended that buyers should not be too bored when inspecting the house. It takes time, so we should calm down and seriously start the inspection before entering the door, such as whether the door can be closed normally, whether the sealing is not good, whether it is locked smoothly and so on. When checking the electrical appliances in the house, it is worth taking the time to check the lighting, the exhaust fan in the bathroom, the range hood in the kitchen, the induction cooker and the air conditioner. In addition, you should also carefully check whether there are cracks and bulges in the walls of the room, and whether there is abnormal noise when walking on the floor; Whether the drainage of toilets and washbasins is smooth; Whether there is dripping phenomenon in air conditioning drainage, etc.

In short, check the details as much as possible when inspecting the house, and report the problems to the accompanying personnel in time. They will make records on the spot and arrange relevant maintenance personnel to follow up. Don't think it's a waste of developer staff's time. First of all, this is their job. Besides, most Thais are "carefree" and patient.

Seeing this, you may find this home buyer a bit wordy. Can't you report the problem to the developer after moving in? Can't developers ignore the problems after you check out? Obviously, formal and powerful developers will definitely have a good after-sales maintenance management team. If you have any problems later, you can contact the apartment property management office at any time, and they will arrange professionals to make an appointment for on-site maintenance.

Second, the decoration of the house

As we all know, the real estate in Thailand is basically decorated, but the completeness of decoration is not the perfect state of carrying a bag in the imagination. The delivery standards of most apartments of major developers are: water and electricity, ceiling, floor, cabinets and air conditioning are all in place; As a property buyer, no matter whether you plan to live or rent after delivery, you need to decorate your house yourself.

If your house is for rent, and you want to rent a good price in the same category, expect it to be released soon. Unless you have rich decoration experience, before choosing furniture and buying various decorations, you'd better make a strategy on major furniture networks or interior decoration networks, and then go to the store to buy it, so as not to waste money on matching a four-image effect. Here, according to the practical experience of finding rental housing for all kinds of customers on weekdays until the final mid-market, I would like to share with you:

First of all, understand which groups the tenants mainly face, and what nationality they can further refine. After analysis, the style of decoration and layout may be slightly "suitable".

Treat the house as if it were a house. What we want to say is, imagine that this house is occupied by yourself. So from the convenience of life, what kind of furniture and electrical appliances are needed, and from the quality of life, what equipment do you need to buy to get extra points. Generally speaking, spending 20,000 yuan to decorate a house can settle in, and spending 25,000 yuan can make you feel that life can actually be more quality and convenient, so please don't be stingy with that 5,000 yuan. I can say that in the future rental market, your generosity will bring you unexpected surprises!

Third, the rental management of the house

Since it is a real estate investment, renting a good price and shortening the vacant time as much as possible means getting a higher return on investment.

How to shorten the vacant time and quote quickly? Personally, I think we should first find local intermediary channels. This "local" includes Thai local intermediary and Thai Chinese intermediary. Local intermediary companies in Thailand often offer preferential treatment to potential tenants all over the world, and the market is huge.

If you want to win this kind of tenant, your English level must reach a certain level, and you can keep in touch with the tenant in the future. If your English level is limited, it is more worry-free to find a reliable Chinese intermediary company to take charge of renting and hosting.

Fourth, the house inspection before delivery

Thailand's property management is relatively professional, and the division of labor between departments is well-known, so if you need to clean the house regularly or pay utilities and other trivial matters, you can entrust the property office to do it for you. In addition, Thailand has the habit of tipping. If you entrust some ordinary workers to do things, you might as well give them some tips according to their workload and difficulty (the minimum tip is 20 baht, and it is impolite to pay each other coins) as a thank you. In Thailand, tipping can sometimes be understood as a lubricant for interpersonal relationships.