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thanks for the replies
1. It is a great investment. It goes up about 30% every year. When I sell..i will be rewarded. Completely seperate from driving revenue from the rentals
2. I have owned property before, but never really rented them out. Just flipped them and cashed out. THis is the first one that I’m taking the time to rent and organize..If anyone is planning on going to Bodrum..let me know!
3. The rent is below asking price.
Thanks for all the interest!
Yes that is true. You can’t own the property there, but you can buy and sell condos. I have spent much time in Thailand, and I have learned first hand. The condo prices are also quite inflated for me..I saw one for 650,000 USD! Unreal..i decided to buy a place in Turkey instead..you can own the land!