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CM Condo Rentals through the Roof!

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if you imposed terms like that in Chiang Mai you would be a long time empty, especially now with more condos chasing fewer tenants.  And I quite agree, at 5% it would not be worthwhile. Much better options to buy and sell at the click of a mouse.

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3 hours ago, moontang said:

I would charge one month, but would make them show me their credit report. I rented to some Hong Kongers 22 years ago, and they had a credit score.  Would have to have a long stay visa, too.  Way too many Facebook posts looking for subletters for the last 10 months of their lease.  Meanwhile, some good diversified REITs are yielding 7+%, some even paid monthly, so it is a head scratcher (and hopefully not lice from tenants), as to why people become landlords in a foreign country, with net yields mostly below 5%.

Wow, rented to some Chinese 22 years ago thanks for the updated info....

The head scratcher for me as you are talking about investment.

Why would anyone buy anything in Thailand period for investment??

Certainly under the current conditions, seems reckless and uninformed....

 

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18 minutes ago, bkk6060 said:

Wow, rented to some Chinese 22 years ago thanks for the updated info....

The head scratcher for me as you are talking about investment.

Why would anyone buy anything in Thailand period for investment??

Certainly under the current conditions, seems reckless and uninformed....

 

Walking across the street is a gamble, buying a lottery ticket is an investment.  

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