roskruge
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Posts posted by roskruge
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Sep 2022
Nice Thai man speaks very little English, will open above safe for 700 Baht even though he had to come all the way to Ban Amphur,
so I gave an extra 50 Baht. He did not break lock others told me, must break lock and replace. I had a spare key in the safe.
087 609 4997
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"I think you need to be more precise on the location in Buriram where are you are looking for builders"
Did not give precise location, because purchase is still ongoing, and I don't want another bidder.
I was searching for comments to see if it is a feasible proposition.
High likely there could be vermin infestation, as property is overgrown (meaning fertile) and neglected, but cheap even by Thai standards.
Thanks for all the helpful comments.
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I need the names, address and/or telephone numbers
of Builders/ Renovators in the Buriram area - would help if they can speak a modicum of English.
Looking to do renovations/emergency repairs on an older timber. Thai style house.
Initially to do repairs to make it safe and live-able, then to upgrade interior later.
Many 'side wall' exterior wooden 'tiles' are damaged or missing.
A house like this with this location should be preserved, not just knocked down, to be replaced by 'Brick and Tile'.
Thanks in advance.
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"How would they know you were a citizen if you presented a foreign passport when exiting? "
That may be the case with most European origin citizens - but a Thai would defiantly know another Thai at the Immigration Check Point.
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About 4 years ago (pre-COVID) (if anyone can remember pre-COVID) I got a lift to a supermarket in Pattaya, passing the Police box at the top of Pattaya Klang, on Sukhumvit Road, I was in sitting in the front passenger seat of a 4x4 without a seat belt on, as we passed by the Police box at the traffic lights, a Policeman ran out of the Police Box with his camera phone and took a picture of me and the vehicle, but did not speak. about 1 hour later, I passed by the same Police Box going in the same direction, but this time I was on a grossly overcrowded 'White' Songthaew (baht bus), standing on the edge of the tailgate, one hand holding on to a alum pole, the other hand holding on to a Big-C bag 'chocka-block' full of shopping. But this time the Policeman thought is is perfectly safe, but not in a 4x4. White Songthaew's run from Banlamung to the Sattahip Market 95% of the way via Sukhumvit Rd.
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I was interested to see how many refereed to a Songthaew (Baht Bus) as a Pick-Up Truck. In Australia it was called a 'Ute'. I think the original design was Australian. The locals call it Songthaew, so as far as I am concern that what it is. When Russians were in Thailand they called it a 'Tuk-Tuk'.
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fled on motorbike, then arrested at bus station. You would have been much harder to find, traveling, around the Buriram countryside on a motor bike.
Trying to reconcile while holding a knife, obviously that way didn't work.
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I did engage 2 separate Thai Lawyers in different areas of Pattaya and Jomtien. Lawyer was to set up company for me, My Thai friend was to be a signatory, but then in both cases they discussed plans with my Thai friend that they had not mention or had not made with me. I regarded it as unethical behaviour.
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At the moment I am considering letting my Thai friend putting down the deposit (my money) in his company name. we only need to put small holding deposit, but it must be in company name, deposit is less than 20,000 Baht. Have been renting in BKK & Pattaya area for 20 years, but now I want a bit of land of my own to plant fruit trees and veggies. It took about 6 months to find this, so don't want to loose it. have known my business friend for 20 years (2002) when I made the final move to Thailand. We could have 3 months (my guess) for final payment. Could buy to-day without the hurdles.
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Would be nice a change of PM just before a General Election, democracy might be the end result, with yet another New Constitution, change that winning seats (what 250 ? seats) before the the first vote is cast.
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Present title is held by a company yes, and they have not intention of selling there company with the land.
they just want to part with the asset.
I think I have another week before a Thai person steps in and shows intention to buy.
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thainet What about buying an existing company
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Wanting to buy a a house and a piece of land in Buriram Province.
Already have plot in mind 3 plus Rai, rural not city setting
I already have a Thai business man who will set up the company.
Just need any advice and tips from, foreigners who have taken this path before.
I wont give to many details as I don't want to alert the seller.
Thanks in advance.
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Have officially reject offer to buy, What eventually turned me off is any new lease offered will be 'for sale', with the last 12 months to accept the offer ('if there was an offer'), but cost could be an additional 2 Million Baht on 64 sq mt to extend lease. Present Unit lease holder balked at my final offer. I calculated I would be better of and better placed to buy a long term lease or a Freehold property at a later date. Thanks everyone for input.
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Airalee: I don't understand the logic of why the ' land title owners' would want do it, if they are about to gut the building. Apart from the fact they could Not get an 'overall' majority, 49% held in foreign name, even with 25% of Thai lease holders, land owners would only, get about 25% of the vote, in my experience Thai do not vote for common fee increases, and the foreigners would certainly not.
ExpatOilWorker:
Minimum rent collected on that building is 20,000 Baht I would be collecting rent from tenant or living there myself I now pay 20,000 in rented condo so, adding strata title or Common fees, plus transfer & land Department fees just a few baht short. 5 1/2 years is 66 months. actually 67 months in actual time. But could strip unit of furniture and fittings,before vacate, 200,000 Baht to replace.
Would love to take up offer of chat over coffee,
If I was chasing profit I have watched a Thai share on SET (Stock Exchange of Thailand) go from 1 Baht 12 months ago to 100.50 today, even in the last week in down market it has put on 20 Baht. ( But yes ! I did buy a few). Could be heading for 300 Baht a share. Sorry OFF Topic.
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GrandPapillon:
First of you have no idea 'what I may pay for it', So 'only a fool' would judge it to be a good or bad deal, because payment has not been made yet.
Had you read earlier post, you will see I do not expect to live to end of current lease.
Much rather the money stays in Thailand going to Thai Gov, than go to some Russian or Chinese Crypto Manager.
Being a Green, would not invest in it anyway, One transaction takes the equivalent in power of several 1,000 Big-C transactions.
No longer interested in chasing Profit, much to old for that, I have enough to last to the end.
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ExpatOilWorker
I stand corrected on co-owner.
But not on the evictions, unless you know something that the present management or present lease holders do not know.
Meeting is with Ms.W.C. not A
Is there a walking route (pathway) from RP1 to RP2 without going down Rachadamri ?.
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jackdd
"or am I wrong with this assumption ?" Yes, I think you are wrong, because you are basing it on 100% that it will be knocked down, who knows what BKK will be like in 5-6 years after COVID-19 and with each new variant, every 6 months more contagious than the last. Owners may decide to leave as is, or renovation, without throwing out co-owners or a range of other possibilities, Yes it could be knocked down, without compensation, but I am willing to take that risk. Thanks for your input.
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ExpatOilWorker got it right this time !
if you can, could you get me the present lease actual expiry dates on RP1 & RP2. If you can't its OK, as I have a meeting with RP2 Manager at the BTS office.
Lobby of RP1 was like going back to the US 1930's era.
Thanks
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ExpatOilWorke Try another Soi number, and you will be there, Under 1,500,000 Baht. The block I think you are referring to, planning permission has just been refused on a adjoining vacant block to the East.
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OneMoreFarang : The question was about compensation, and you appear to have answered it, Thanks
Worgeordie. It will not matter if tenant does not stay, as they are paying the same rent as I am, and if the move on, I move in, so it works out exactly the same.
ExpatOilWortker : I am 80 now so highly unlikely, I will be around till end of Lease. Also, when I die Thai gov will take everything anyway,
Thanks all
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Condo block end of 30 year Lease.
I am buying a condo in Bangkok, it is NOT Freehold, and the condos block Lease is held by a very well know Thai company, There is only a little over 6 years left of the blocks lease. I 'will be' getting the Condo at a Fire-Sale price, it already has a sitting tenant, I calculated on rent alone in that time period I would break even, but would be at a loss if you take into account strata title fees or Common fees. The block (I will not name) is smack in the centre of Bangkok in the up-market area of Pathum Wan. Now the question is, now assuming the blocks land owners, do not renew the 30 year lease, "do the 300 - 400 condo co-owners get any compensation", at the end of the lease period, bearing in mind several of the units (not mine) are now selling for several Million Baht. Also occupancy in that building tenant and/or co-owner is very high. The assumption is the lease would be renewed, but I don't think so, as it is a old building, owners could build a new skyscraper in its place (good size block). Also a condo block in Din Daeng (Bangkok) was recently renovated/knocked down and all tenants and co-owners were all turfed out.
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2020 update - I am at the moment trying to find a apple tech shop, that will refurbish parts for Mac Pro 6.1 (2013) A1481. Needed to refurbish Logic Boards, D300 GPU and CPU Riser card.
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looking to buy Mac Pro 6.1 (2013) in working or faulty none working order, for parts.
Setting up a Company name
in Real Estate, Housing, House and Land Ownership
Posted
Successfully have formed Limited Company - Actual forming company at the Companies Offices only took 1 day, but the lead up paperwork and making shareholders took 4 1/2 weeks.
I learnt someone who has a Goverment Welfare card cannot be shareholder, so had to find new shareholder. Hardest part was 'Company Name' every one I came up with one, it was rejected - till finally success (by accident).
Will say later (when more time) why I rejected forms of usufruct or 30 year lease.