Happy Koala

Good luck to u and your spouse, goldy words thank you very much🙏

I found deals with landlords in Chiang Mai and Phuket but haven't decided yet, which place is better. I've connected with five Thai lawyers and they told me that I need to set up a company and get a Visa Non-B and a work permit and license for non-hotel good to go only as they told me it's difficult with condos because the other owners or tenants will not accept, so I'm not planning to bother my self with, instead, I found the villas good option for that and I had connected with some of their owners and they don't have an issue with subletting if furnishing it which its good fair to me. This one here the kill spot ( saturation and cheapness of alternatives) this is what makes me re-think the whole damn idea again and again. Thank you so much for your advice Peterw42

Greeting fellas, I would like to hear from the experts in real estate field or anyone lives in Thailand have interest to enter this industry or heard some people talk about renting villas long term and rent them out short term Airbnb , Booking etc., I’ve contacted with groups of Thai attorneys asked them if this kind of business is legit in Thailand or not ? because i’ve read in many in many platforms that it’s illegal for foreigners to run Airbnb in Thailand , but most of these lawyers have confirmed me that it’s okay to run it with proper paperwork and the landlord’s permission , this question has been answered by the specialists, but there are other questions still need the right answer, and non of the people that I had contacted with had gave me the clear answer that comfort me . These are : Which the place is better to run this business Phuket or Chiang Mai ? And what the best districts in each one? Is it profitable with good management and marketing strategy? Cons & pros? please I need to hear from the real experience in the land as much as possible . I run my Airbnb in my home country for a year now and I can tell that is not too great and not too bad just (Good) and the reason of moving to Thailand that my mom needs to get therapy in Thailand and I should to move with her so I’m planning to cover our stay with extra income , Just regular Newbie my expertise friends in Thailand seeking for your advices for me and for the other folks who will read this topic in future. I appreciate your help in advance 🙏 My apologies if there are grammatical mistakes in my topic , English not my native language 😅