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banagan

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Posts posted by banagan

  1. 1 hour ago, FriendlyFarang said:

    Testosterone is legally sold over the counter, no prescription needed.

    Do you mean you are looking for a doctor who checks your blood results and advises you on the dosage?

    Oh, didn't realize. For insurance purposes, I would probably have to go through a doctor. 

  2. I'm trying to get my head around the condo property market in Chiang Mai. 

    I've been here over 8 years, and rents have either gone sideways, or over the past year, down another 20%+, there's just an over supply, and a pandemic! 

     

    I bought a condo in an old building in 2019 for 750k, renovations, furnishing, total came to roughly 1mil. 

    Pre-Covid rent, 7,000pm. 

     

    The same condos were selling for 500k back in 2015, and the rents were pretty much the same. 

     

    Rents have now dropped to 6000k, but the price of the condos have gone up.

     

    I don't really understand, is this just Thaiconomics?

     

    (assuming rented for a full year)

    2015 ROI - 10%

    2019 ROI - 8%

    2021 ROI - 5%

     

    One recently sold for 1.2mil, fully renovated. There's others in the building looking for 1.3 and 1.4.... for the past few years, so I guess 1.2 is the limit. 

     

    What's going on here? Are prices expected to jump once things get back to some sort of normality, which could be 2 years away. 

     

    A target ROI in the west for a rental property investment is 10 - 15%.... Is 5 - 6% considered ok here?

     

    On one hand its good, my property price has increased, but on the other hand, not so good. I was hoping to pick up another one, but a 5% ROI is pretty crappy.... unless these buyers know something I don't?

     

     

  3. On 2/19/2021 at 2:42 AM, pikao said:

    Did we ever have "herd immunity" against:

    Influenza (having vaccines since decades)

    Dengue

    Zika

    HIV

    Malaria

    Ebola

    Herpes

    Hepatitis

    Yellow fever...........

    the list goes on forever, it is like it is and population is still growing

    I do not really understand the question

     

    Most of these have no vaccine and those that do, there's no vaccine mania. 

  4. 17 hours ago, Airalee said:

    The whole commission structure here is quite convoluted.  Not only is there sometimes a percentage of sales price to be considered, but also the fact that sometimes an agent will list a property above the price agreed upon between seller and agent with the excess (if realized) going to the agent.

    I think you're on to something. Condo in my building for sale, 1mil, was looking at other properties, chatting with an agent, they mentioned this one, not listed yet.

     

    Asked how much, 1.7mil! Ha ha.... so either the owner is deluded, the floor space grew 70%, they installed gold taps, or the agent is having a laugh.

     

     

    • Haha 1
  5. So, our condo management decided, without asking, to instal a security entrance, only accessible with a key card... and can only exit with a card too. 

     

    There's an exit button... but it's been disabled. Not only is this a real pain in the a$$, letting people in and out, it's a fire hazard. Last thing I want to be thinking about if the building is on fire is, where's my key card. 

     

    I've never seen this before, having stayed in a bunch of condos over the years... is this common? I've asked a few times to sort it out, and just get the Thai nod, sabi sabi... we'll fix it etc... I'm thinking of duct taping a hammer to the wall by the exit. 

    • Like 1
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  6. Just watched an interesting video, Brit locked up, https://youtu.be/WWrQzhfeBBc

     

    I'm not exactly sure what our rights are here when it comes to the police. The fact they can just <deleted> test people with no cause is pretty nuts.

     

    So, 

     

    1. Are you required to let police in if they come to your home?

     

    2. If you end up at the police station, don't say or sign anything without talking to a lawyer?

     

    Or is it best to just pay a "fine" as soon as you can?

     

    That vid makes me want to have a lawyer on speed dial.

     

     

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