Buying Vs Renting apartments in PP

WildA · Post by **WildA** » Tue Apr 07, 2020 10:39 am

phuketrichard wrote: ↑Mon Mar 04, 2019 9:54 pm I'd never buy anything in country that you have no ties to nor offers you a permanent visa.
RENT!!!

Id never buy anyhting in a country where the wiring and plumbing looks lie it was installed by two monkeys fucking a football using the cheap stuff that China cant export to the west, and inspections are conducted by handing over an envelope.

canucklhead · Post by **canucklhead** » Tue Apr 07, 2020 12:32 pm

WildA wrote: ↑Tue Apr 07, 2020 10:39 am
phuketrichard wrote: ↑Mon Mar 04, 2019 9:54 pm I'd never buy anything in country that you have no ties to nor offers you a permanent visa.
RENT!!!
Id never buy anyhting in a country where the wiring and plumbing looks lie it was installed by two monkeys fucking a football using the cheap stuff that China cant export to the west, and inspections are conducted by handing over an envelope.

Spoken like true "renters for life". Rent is lost money unless you are the one collecting it.

WildA · Post by **WildA** » Tue Apr 07, 2020 12:57 pm

canucklhead wrote: ↑Tue Apr 07, 2020 12:32 pm
WildA wrote: ↑Tue Apr 07, 2020 10:39 am
phuketrichard wrote: ↑Mon Mar 04, 2019 9:54 pm I'd never buy anything in country that you have no ties to nor offers you a permanent visa.
RENT!!!
Id never buy anyhting in a country where the wiring and plumbing looks lie it was installed by two monkeys fucking a football using the cheap stuff that China cant export to the west, and inspections are conducted by handing over an envelope.
Spoken like true "renters for life". Rent is lost money unless you are the one collecting it.

Yes and no, Im down to about 6 units, but sure as hell not in Asia. I want my stuff built in accordance with code. And not subject to being taken away by some tinpot.

Doc67 · Post by **Doc67** » Wed Apr 08, 2020 2:51 pm

armchairlawyer wrote: ↑Tue Mar 05, 2019 6:34 pm OP, this sounds the best option for you. You can buy an apartment in your lady's name but with a substantial mortgage loan. The bank will all do necessary checking of title. Avoid condos. Good luck.

Slightly off topic, but please indulge me;

I heard you can buy a property in a company name with 51% Khmer owned and yourself 49%, and, simultaneously at the time of transfer, you then lease it back to yourself for a peppercorn rent for a period of 50 Years (I understand that's the maximum term at present) but the lease can contain an option to extend the lease for another period of 50 years, thus de facto a 100 year lease.

Is this possible?

What would be the annual tax and filing charges be on such a property owning company and if they fell into neglect could the state take the company and revoke the lease?

michael.stewart1 · Post by **michael.stewart1** » Sun Apr 12, 2020 12:36 pm

phuketrichard wrote: ↑Tue Apr 07, 2020 10:15 am digging up a year old past to make a comment ...

i think making only $1,200+ /month and not working nor plans to work, (only play games allnight)
ur not going to make an sizable investment any time soon

i do plan on working in China as soon as I can get a visa. Perhaps if my mother dies soon i can get her house. That would be worth about 400,000usd

I really want to go to Russia after seeing that 20000USD house for sale there..

WildA · Post by **WildA** » Sun Apr 12, 2020 4:33 pm

michael.stewart1 wrote: ↑Sun Apr 12, 2020 12:36 pm
phuketrichard wrote: ↑Tue Apr 07, 2020 10:15 am digging up a year old past to make a comment ...

i think making only $1,200+ /month and not working nor plans to work, (only play games allnight)
ur not going to make an sizable investment any time soon
i do plan on working in China as soon as I can get a visa. Perhaps if my mother dies soon i can get her house. That would be worth about 400,000usd

I really want to go to Russia after seeing that 20000USD house for sale there..

You are a silly little troll arent you. Well great, when mom kicks you can move upstairs from the basement. Dont help her along now, they got your IP here.

Buying Vs Renting apartments in PP

Re: Buying Vs Renting apartments in PP

Re: Buying Vs Renting apartments in PP

Re: Buying Vs Renting apartments in PP

Re: Buying Vs Renting apartments in PP

Re: Buying Vs Renting apartments in PP

Re: Buying Vs Renting apartments in PP

Who is online

Register/Login to CEO with your Social Media Account: