Always check the forums before buying investment properties

@scheng1 (24650)
Singapore
December 18, 2015 11:16pm CST
It is so easy to do your due diligence before you put money into any investment. That is especially so when you are interested to buy investment properties in other countries. When I check the forums for information about apartments in Bangkok, I can see that there is over-supply of apartments. Many comments talk about the empty apartment blocks. Those apartments were purchased by foreign investors who thought that getting rental income was easy. In the end, there might be just a few household in a large apartment block. The rest are just empty shells. However, there are comments from successful investors who share their successes. The best about checking forums is that it is free of charge, and will not take a lot of your time. You can even private message the successful investors to ask some questions.
2 responses
• Malaysia
25 Dec 15
I think the best is to start from own country which nearby to our living place first before venture out to other country. It is best to have strong fundamental of money, knowledge and mental preparation about own country and other best country which we like or want to invest.
1 person likes this
@scheng1 (24650)
• Singapore
25 Dec 15
Singapore is such an expensive, and small place so many people start to think about foreign property. Some of them want to retire overseas, so they start to buy a foreign property to rent out first, and then to stay after the mortgage is fully paid. I think many Singaporeans have bought properties in Malaysia as well.
• Malaysia
25 Dec 15
@scheng1 Johor would be near to Singapore, go up north to Melaka is a historical town and is boon with tourist around world. I think you can consider it as well coz it is cheap compare to other place in Malaysia
@ChinaLeon (247)
• Tianjin, China
19 Dec 15
The abroad investment should be carefully. The successful investment is based on the good understanding of the native market.
1 person likes this
@scheng1 (24650)
• Singapore
19 Dec 15
Many people never think about the selling part. If they have thought about it, they would not have bought the foreign property in the first place.