Quote:
Originally Posted by miak
If we can own condos there, I don't mind buying one to rent out.
But 5% yield...mmmm...currently inflation is more than 5%!!!!!
New may report lower ratings but in actual fact its more than 5%.
How do we go about buying a condo there under our name?
How to rent out and make sure tenant pays rent on time?
Sorry for OT, and thanks for the tips.
|
Foriegner can buy, but cannot take loan locally unless you work there.
5% yield is on the low side, a new shoebox studio 26sqm cost only about SGD$74K, monthly condo main't fee only SGD$35. Should be able to get at least 7000baht rent for 5% yield. It's near the popular "massage" shop in HuayKwang
If any bro wants to invest, I can get local agents to help manage your property, get tenants and rent.
Maybe we can engage our RealEstateGuy for help too!