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Old 07-22-2008   #96 (permalink)
zog
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Join Date: Mar 2008
Location: UK
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Well, I am looking for something to rent out for income. What is the rental market like? Anyone here own a place for rent that they are able to rent regularly? I was going to hold off on buying two properties because of the immigration visa issue. But would still like to get one place in Panama City. I was planning to have it managed and rented out per day and an apartment centrally located for access to all the bars, clubs and casinos. Does anyone still think it is a bad idea? I am not worried about an apartment losing some of its value. But I was assuming that something centrally located would be more likely to retain value and would be more likely to rent out. Am I wrong?
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