How Foreigners Choose Compliant Property Management Companies: A Complete...
Choosing the wrong property management company for overseas real estate doesn't just risk vacancies; it can lead to misappropriated rent, opaque accounting, inflated repair quotes, fines for short-term rental violations, and tax penalties from missing filings. This article provides a practical screening framework for foreign owners: first, identify the type of management service (long-term/short-term/condo/whole building), then conduct due diligence based on five key criteria—verifiable credentials, segregated funds, auditable accounts, quantifiable services, and traceable responsibilities—along with essential contract clauses and red flags.
