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I agree with Jamie and Corey. Have you considered international property purchases? In the Asian market you can find affordable properties with high yield and monthly income. Quite a popular trend for foreigners right now from all over the world. And, not as complicated as you might think.
P. Donnelly | NTI - Nippon Tradings International
http://nippontradings.com/
Email Me | Phone MeHi,
I too have heard about corruption in the Philippine market. If it’s the Asia-Pacific market you are interested in, Japan is my preference because of the transparency with real estate professional services such as legal, financial, property management etc. On top of it, you can easily find high yield with stable cashflow, and properties that are affordable. Since your plan is to invest for rental income, another benefit is that Japanese tenants are docile, providing stable rental income and generally there are no problems with damage to apartments, etc.
I’m jumping in a bit late in this discussion. Nonetheless, best of luck with your investment.
P. Donnelly | NTI - Nippon Tradings International
http://nippontradings.com/
Email Me | Phone MeStrong predictions, indeed! There it is, the devaluation of China’s yuan. Now Chinese wealth is pouring into overseas properties as a means of protection. Some are shifting their savings into other currencies. Others are buying overseas properties in other markets with higher yields such as Japan, for example.
P. Donnelly | NTI - Nippon Tradings International
http://nippontradings.com/
Email Me | Phone Me
