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chrisandsu

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Posts posted by chrisandsu

  1. 14 minutes ago, Chelseafan said:

     

    I reguarly travel to the US for business and I'm surprised at how extroverted you are (in general) compared to us Brits - We barely acknowledge strangers in our own country let alone Thailand. The unwritten rule on the London Underground is don't make eye contact with anyone ????

    Bit more friendlier up north though....

     

     

     

    Depends on where you are in America. I live in the NW and they make us brits seem outgoing . A lot of farangs in Thailand cant bear the thought that they are not the only gay in  the village so tend to ignore other foreigners so they don't lose their perceived uniqueness.  

    • Like 1
  2. On 1/21/2022 at 1:50 AM, TallGuyJohninBKK said:

    I think to some extent, there's a different rental culture that exists here vs in my home country, perhaps in part because of market conditions, perhaps in part other things...

     

    When I rented in the U.S., the owners were usually companies, either big or small. And there really wasn't any personal element to the transactions. Most of the time, the rents went UP every year for everyone in the complex, regardless of whether they'd lived there 1 year or 20. Often, 4-7 percent per year. And perhaps part of the reason for that is the rental market in the U.S. in general is tight.

     

    Here. because of oversupply of new housing, the economy and lately COVID, I think tenants in general have more leverage. And PERHAPS landlords are more willing to operate the way you have, and the way my landlord has. Although, you're a private party landlord, as is my landlord, not some corporate rental entity. I'm guessing, those types here aren't so accommodating.

     

    The 4-5% increases are probably right . The property tax on my house went up 15% this year ! This is also the reason rent shouldn't go up significantly in Thailand as there is no property tax . 

  3. On 11/16/2021 at 4:25 PM, Toolong said:

    No, not a 'Debbie downer' at all. Your comment was well intended & by no means taken in a negative way. ????

     

    The land was purchased from a well regarded local person of some considerable influence (not, as far as I know, linked to anything dodgy or underhand!), and in the middle of more land owned by the same person, so....who knows.....maybe it could one day be given a better land title? ????

     

    I'm very grateful to you for the comment re my original query. I'll soon no doubt  get a definitive answer from the land office, but for now I certainly think you might be right about there being no probs selliing within a year of purchase (????). 

    And thanks too for the heads-up about the property tax paid on resale. Interesting. ????????

    How did it go ? 

  4. 1 hour ago, jacko45k said:

    Oh I believe you...... early in the pandemic I recall often walking on second Rd and passing such a place.... a quite attractive young Indian lady out front, trying to drum up custom for the empty place. I had a sad image of a newly married couple having invested in a business. I have not even been around soi Klang 14 and Klang16 this year, where there were many Indian places. 

    The restaurants are a front . The prize is the visa . 

    • Like 1
  5. 10 hours ago, Toolong said:

    Hi chrisandsu,

     

    Thanks for your comments. ????????

     

    Yes, you're right about Wang Nam Kiao.....funny, but I have first-hand knowledge of the scenarios that have played out there! One must indeed be wary! ????

     

    To answer your question about location, it is also in the Pakchong region but not so far north-easterly as WNKiao. The legality of the sale & whose land it was to sell on, is not in question (????????) and I don't have worries about that (famous last words, eh?!????).

     

    But thanks, chrisandsu, for your cautionary advice & help! ????????????????

     

     

     

     

    Sorry I didn’t want to be a Debbie downer on your situation. Is there any way of upgrading the land title ? If it’s in pak Chong and you have a decent title the Bangkok people would snap your hand off for 3-5 million baht a Rai ! Going back to your original question I don’t think there is a problem with selling in the first year but you will have to pay a higher tax on the sale  of the property as if memory serves my right you don’t pay it if you have owned it for over 3 years (I believe ) . Good Luck 

  6. 7 minutes ago, Marjf said:

    Gentlemen!  Where did I say I was a man?  And where did I say I have a Thai wife?   I'm the female (maybe a bit alpha!) in this relationship and we are both Brits ????    I'm guessing this changes things ....?

    Not really . Just send it back using something like xe trade . I don’t know what the threshold is in Britain for money coming from abroad . Just send back just below that amount and you will be fine . 

  7. What part of nachon Ratchasima is it ? My in-laws own land around pak Chong be very careful. A lot of the land around there is national park land that was sold illegally . There is a beautiful area called wang nam kiao (spelling might be a little off) where lots of people bought land there just to find out it was all illegal . You can farm the land there but you can not own it outright . You will see a lot of dead resorts around there for this very reason . All the locals are in on trying to sell the land even though they know they don’t own it . 

  8. I can’t see how this can legally be done . If your friend defaults on the loan how do you as a foreigner take control of her house ? If I was the thai I’d take it to court and tell them you was entering the agreement with dirty hands knowing you would have to skirt (break) the law to take ownership . So when posters on here say they done this or done that they most likely didn’t do anything it was all done by their wife . 

  9. 7 minutes ago, Sticky Rice Balls said:

    Who wrote this article ? The airline industry ? They also say that the hepafilters on planes wipe out 99.9% of bacteria ….. anyone that’s been on a long haul flight will safely say that’s bs . 

    • Like 2
    • Sad 1
  10. 4 hours ago, bangkokbonecollector said:

    If you want to avoid testing positive then the only thing you can do is self-isolate at home for a period of time before you fly. I understand this is not possible for some as they are now not working from home.

     

    As some have previously stated, there is no way in hell you are testing positive for covid from the airports, plane and immigration you have just been through. So every and any precaution you can take in the weeks leading up to your flight will help. I feel that the father probably caught covid from one of his children as is the current situation, at least in the UK.

     

    I reckon the extended quarantine due to close proximity to someone who tested positive can be haggled.

     

    Chok dee everyone ????

    Out of curiosity why can’t you get it on the plane ? Some flights are 20+ hours with recycled air . If anything the flight and airport is where you are almost guaranteed to test positive . 

    • Like 1
  11. 10 hours ago, falang1969 said:

    He quoted MY comment and then made his comment. Who do you think he was talking to? That's why I responded, the comment was to me! 

     

    If he was replying to the OP, he wouldn't have quoted me, wouldn't make sense!

     

     

    Your wife needs a job with regular (not erratic) income every month or a business where she can show her income. 
    This is what you wrote …. I can see why he replied to you now . Couldn’t see it before and assumed he had replied to the OP???? 

  12. 8 hours ago, falang1969 said:

    My wife is a housewife and mother to our two kids aged 2 and 7! Who would look after them?

     

    Why would I want my wife going out just to earn 30k a month? Not worth it!

     

    Hasn't caused any issues in the last 9 years! Our relationship is stronger than ever!

     

    Why shouldn't I give some security for my kids here? They then will have property in the UK and Thailand when I pop my clogs!

     

     

     

    Who’s talking about you ? He said his wife and step son and his wife and kid . He shouldn’t be supporting any of them when they are perfectly able to work and provide for their own blood . 

  13. 28 minutes ago, The Cipher said:

    First thing you want to do - (a) figure out how much you think you'll want to spend in retirement per month/per year. Then (b) figure out the amount of your income that you can reasonably rely on in retirement - for most people this would be a pension. The difference between (b) and (a) is the amount you'd need to make up with your savings in some way.

     

    Here's an example for easy math: Assume you want to spend $50k/yr. You have a pension that pays $25k per year, so you need to fund the remaining $25k with your savings. You wanna retire at 50 so you need savings that will last you another 50 years in this case (to be safe).

     

    If you sell your house at retirement (I realize you don't want to do this, but just for the sake of the example), you could fund 40 years of annual $25k drawdowns without ever investing the cash. That would see you through to 90 years old. Realistically, if you invest that $1M, or if your home continues to appreciate in value, you could pretty reasonably see yourself through to 100.
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    Start soon. When invested, money compounds through time. So the more time you have, the more your invested cash will grow (assuming the investment goes up on average). So the sooner you start, the quicker you can benefit from the effects of compounding.

     

    Generally, bonds are in a bad place right now. And bank interest is non-existent. So you'd probably have to move up the risk curve into stocks or real estate to try and generate a decent return.

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    But I'm not sure exactly what your situation is. If you feel comfortable providing details I'll help you think through the case. But if info is too personal, free to tell me to sod off also ????

    Once I finish work I’ll private message you. Thanks 

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