What do you reckon is the highest yielding location in the world? (I know its a really generalised question!)
Ive been looking about and im trying to find a locaction where you could create a wage form invesment properties, being realistic of course! Borrowing would be maxed out and the location would have to be rentable. There would have to be enough profit to allow for Property Managers..etc
ive seen high yields in Scotland before, but they dont exist anymore. I have been told of extremely high yields in the U.S, but when i looked into it the NET yield is not that great as there are so many taxes and charges that the landlord pays.
theres so many variables, so just whatever springs to mind!!!
Full Version: Highest Yields In The World
QUOTE(japester @ May 7 2007, 07:41 PM) [snapback]629836[/snapback]
What do you reckon is the highest yielding location in the world? (I know its a really generalised question!)
Ive been looking about and im trying to find a locaction where you could create a wage form invesment properties, being realistic of course! Borrowing would be maxed out and the location would have to be rentable. There would have to be enough profit to allow for Property Managers..etc
ive seen high yields in Scotland before, but they dont exist anymore. I have been told of extremely high yields in the U.S, but when i looked into it the NET yield is not that great as there are so many taxes and charges that the landlord pays.
theres so many variables, so just whatever springs to mind!!!
Ive been looking about and im trying to find a locaction where you could create a wage form invesment properties, being realistic of course! Borrowing would be maxed out and the location would have to be rentable. There would have to be enough profit to allow for Property Managers..etc
ive seen high yields in Scotland before, but they dont exist anymore. I have been told of extremely high yields in the U.S, but when i looked into it the NET yield is not that great as there are so many taxes and charges that the landlord pays.
theres so many variables, so just whatever springs to mind!!!
Don't you think it would be better to invest in an investment fund? Here on the forum nobody is a specialist. If we were specialists, we would not give the information fo free on a public forum.
QUOTE(japester @ May 7 2007, 07:41 PM) [snapback]629836[/snapback]
What do you reckon is the highest yielding location in the world? (I know its a really generalised question!)
Ive been looking about and im trying to find a locaction where you could create a wage form invesment properties, being realistic of course! Borrowing would be maxed out and the location would have to be rentable. There would have to be enough profit to allow for Property Managers..etc
ive seen high yields in Scotland before, but they dont exist anymore. I have been told of extremely high yields in the U.S, but when i looked into it the NET yield is not that great as there are so many taxes and charges that the landlord pays.
theres so many variables, so just whatever springs to mind!!!
Ive been looking about and im trying to find a locaction where you could create a wage form invesment properties, being realistic of course! Borrowing would be maxed out and the location would have to be rentable. There would have to be enough profit to allow for Property Managers..etc
ive seen high yields in Scotland before, but they dont exist anymore. I have been told of extremely high yields in the U.S, but when i looked into it the NET yield is not that great as there are so many taxes and charges that the landlord pays.
theres so many variables, so just whatever springs to mind!!!
Is this a serious request???
japester. Sri Lanka might be worth a look. Rental returns of between 10% and 15% (gross) can be obtained, but there are risks - very big ones! At the moment there is a 100% property tax (see beneeath for exceptions) in place. So a £50k apartment costs you £100k. This 100% tax had been waived a few years ago, but when the tsunami struck Xmas before last the Goverment re-introduced it. In time the 100% tax may be waved. If it is waved house prices should rocket.
Exception to 100% tax are special tourism related developments. (One such development was located near Elaphant Orphanage's in the centre of the island. Think it was called The Palace.) You can check with relevant Government body if development carries examption from 100% tax. (Don't take developers word for it.)
Downside's include lack of leverage - you will be talking about builders loans at approx. 7% pa for 50% of purchase price. Ofcourse, you could re-mortgage over here to get funds together. You also have risk inviolved with Cammel Tigers / general stability. (Though Government appears to be making strides to taking control of Cammel strong holds.)
There are other risks, but I feel I have listed or eluded to the main ones that apply to Sri Lanka above.
Catara's suggestion of a property fund isn't a bad one, though would likely provide capital gains rather than steady spread of income you seek.
Good luck and let us know where you purchase / focus on.
Exception to 100% tax are special tourism related developments. (One such development was located near Elaphant Orphanage's in the centre of the island. Think it was called The Palace.) You can check with relevant Government body if development carries examption from 100% tax. (Don't take developers word for it.)
Downside's include lack of leverage - you will be talking about builders loans at approx. 7% pa for 50% of purchase price. Ofcourse, you could re-mortgage over here to get funds together. You also have risk inviolved with Cammel Tigers / general stability. (Though Government appears to be making strides to taking control of Cammel strong holds.)
There are other risks, but I feel I have listed or eluded to the main ones that apply to Sri Lanka above.
Catara's suggestion of a property fund isn't a bad one, though would likely provide capital gains rather than steady spread of income you seek.
Good luck and let us know where you purchase / focus on.
How about the Regency Residence, Ulaanbaatar, Mongolia?
Rental yields of around 20%, growth of 35%pa and no tax.
Flats available from about £30k.
Rental yields of around 20%, growth of 35%pa and no tax.
Flats available from about £30k.
A friend of mine here in Hong Kong claims he can make 12% yields
on smaller and older flats in non-prime areas
on smaller and older flats in non-prime areas
QUOTE(The Soup Dragon @ May 8 2007, 12:15 AM) [snapback]630061[/snapback]
japester. Sri Lanka might be worth a look. Rental returns of between 10% and 15% (gross) can be obtained, but there are risks - very big ones! At the moment there is a 100% property tax (see beneeath for exceptions) in place. So a £50k apartment costs you £100k. This 100% tax had been waived a few years ago, but when the tsunami struck Xmas before last the Goverment re-introduced it. In time the 100% tax may be waved. If it is waved house prices should rocket.
Exception to 100% tax are special tourism related developments. (One such development was located near Elaphant Orphanage's in the centre of the island. Think it was called The Palace.) You can check with relevant Government body if development carries examption from 100% tax. (Don't take developers word for it.)
Downside's include lack of leverage - you will be talking about builders loans at approx. 7% pa for 50% of purchase price. Ofcourse, you could re-mortgage over here to get funds together. You also have risk inviolved with Cammel Tigers / general stability. (Though Government appears to be making strides to taking control of Cammel strong holds.)
There are other risks, but I feel I have listed or eluded to the main ones that apply to Sri Lanka above.
Catara's suggestion of a property fund isn't a bad one, though would likely provide capital gains rather than steady spread of income you seek.
Good luck and let us know where you purchase / focus on.
Exception to 100% tax are special tourism related developments. (One such development was located near Elaphant Orphanage's in the centre of the island. Think it was called The Palace.) You can check with relevant Government body if development carries examption from 100% tax. (Don't take developers word for it.)
Downside's include lack of leverage - you will be talking about builders loans at approx. 7% pa for 50% of purchase price. Ofcourse, you could re-mortgage over here to get funds together. You also have risk inviolved with Cammel Tigers / general stability. (Though Government appears to be making strides to taking control of Cammel strong holds.)
There are other risks, but I feel I have listed or eluded to the main ones that apply to Sri Lanka above.
Catara's suggestion of a property fund isn't a bad one, though would likely provide capital gains rather than steady spread of income you seek.
Good luck and let us know where you purchase / focus on.
Sorry bou the delay, been on me holybags!!
Thanks alot for your info, very interseting. Was thinking about cashing in on some of my property and reinvesting a portion of it in a high yielding area and just wondered what places people have been looking at. Ive always enjoyed a postive cash flow with my investments and feel that it doesnt take that much work to keep it going.
with regards to finance, i would just cash buy them probably and see how it goes from there...not sure if im brave enough to invest in a country that English is not a first language. I looked at Kiev a few years ago and took a trip there. Didn't buy any property but met some stunning women!!!
I sort of wish i had bought but i needed an interpreter for the most part so that put me off. Ive heard from a friend that lives there that it would have been a good move, but hey what the hell!
I was looking at NY state but I reckon all those mega cheap properties will be a big headache and theres alot of taxes that brings the net yield down.
I just thought i'd toss the question out there and see what people say, i was half expecting some wierd stuff like a parking space in Zimbabwe...!!
QUOTE(Sean @ May 8 2007, 02:46 PM) [snapback]630573[/snapback]
How about the Regency Residence, Ulaanbaatar, Mongolia?
Rental yields of around 20%, growth of 35%pa and no tax.
Flats available from about £30k.
Rental yields of around 20%, growth of 35%pa and no tax.
Flats available from about £30k.
Thats pretty crazy, I take it theres a fair bit of risk?
QUOTE(esmerelda @ May 7 2007, 09:45 PM) [snapback]629935[/snapback]
Is this a serious request???
are you seriously requesting if this is a serious request???!!
only joking with you. Its really only as serious as you want it to be.
QUOTE(japester @ May 18 2007, 09:31 PM) [snapback]642296[/snapback]
are you seriously requesting if this is a serious request???!!
only joking with you. Its really only as serious as you want it to be.
only joking with you. Its really only as serious as you want it to be.
Actually thought this was a prelude to one of those "gee I dunno do you think I should invest in XXX " type strands that are set up by agents to drum up business (Ha!).
However I would say that without understanding your specific investment objective/ time frame/attitude to risk/financing options etc etc etc I do not believe it possible for anyone to give a reasonable steer on this...also I agree with catara (& that's surprised me for once!) that it is up to you to do the research...take on board what is said in the forum but noone is a specialist & most of all, noone will have the same investment profile as yourself.
After all some of these people are agents some I suspect are "armchair" investors - i.e. all talk no action, some will be experienced investors with a substantial portfolio...even so you would not necessarily want to follow their lead. Do you see what I am driving at?
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