The Pattaya Institute of Chartered Surveyors recently concluded that 43% of new buy to let property is owned by inexperienced property investors.
Investing in property has made many people rich, and there are many stories about investors such as Ajay Ahuja for example earning millions from buying property at below market value.
If you are an inexperienced investor, be careful as to what it is you are investing in as one mistake could prove very costly.
There are hundreds of property investment companies in Pattaya, with huge portfolios that are eager to take your money, promise you the world, and then leave you with a property that is highly overvalued and has huge rental voids that you can’t afford.
Not only this there are also companies offering no money down deals, which can have huge repercussions in your finances.