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Posts posted by Peterw42
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A typical scenario can be, a 7% gross rental return, then the company charges a 6% management fee. A 1% net rental return, 1% over 15 years equals 15 %, the same amount you overpaid when you purchased the property.
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In a couple of years we will probably be flying around in the Chinese C919 anyway.
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Why dont you ask the person selling the property, any listing will have contact details etc. Thaivisa isn't selling the property, Thai visa is a website where the listing appears.
A quick google search "guaranteed rental return thailand" will give lots more information, most of the returns are not real or the contract not enforceable etc, return is a gross figure etc.
You can get some great rental returns in some segments of the market (up to 10% is achievable) but not usually via the rental return promises.
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OP, possibly the system was offline, wouldn't accept the address when the IO tried to enter it, maybe the photocopier was broken, rather than keep you waiting she made a copy then will rectify it later. Maybe she has to enter your OA details into another database etc etc. if she instead scribbled something on a post-it note, you would be none the wiser.
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What would be the point, in thailand, if the electricity still comes from a fossil fuel power station. its just moving the pollution/greenhouse gases from the car to the power station.
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7 minutes ago, moontang said:
exactly....same situation has happened thousands of times. Would be great if pop could put him in his will or something...if pop has no other survivors, he would have a very significant claim in probate..........I am willing to do some ground work for the guy, and I will even be in DC in a few months. I think we will start with birth certificate...if I can get a good spelling of his father's name, it might reasonably easy to proceed. The army knows exactly who was in Ayuthaya, and when.
A quick Google search brings up websites and groups dedicated to finding ex military.
https://m.wikihow.com/Find-a-Military-Veteran
https://uk.usembassy.gov/embassy-consulates/government-agencies/dao/tracemil/
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It may be worth pursuing at least making contact with the father or descendants, Even if there are no legal grounds, they may be interested in at least meeting son/step brother, and not unreasonable to actually helping the guy out. I know if I had a long lost step-brother or even a child, I would be interested in meeting.
I imagine the US army probably even have a department that helps with tracking down etc. (maybe even legally obligated to help if serviceman was stationed/official visit in-country)
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Just to share recent experience and tips replacing an old air conditioner.
replaced an air-conn (non-inverter) in a condo with an inverter unit and used the existing pipes and drain already inside the wall.
Like many new build houses/condos, the indoor unit is in the middle of a feature wall and not adjacent to the outside unit, all pipes are inside the wall. Most of the cowboy installers will turn up and say that the old pipes cannot be used, they need to run ducting etc, this isn't true and a good installer can reconnect to the existing pipes, adaptor, solder, extend etc (with only some minor patching to wall).
The second issue is, if upgrading from a non-inverter to an inverter unit, a third signal wire is required from indoor unit to outdoor unit. Most old units only have active and neutral going to the outside unit, so the installer may need to get creative running/hiding the 3rd wire or stealing neutral from close by etc.
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33 minutes ago, johng said:
"under repair" there too ???????
There is also a "pumping station" at Bali Hai
I think the soi watboon one is operating (maybe not at full capacity ) as they recently did a big cleanout of the lines running down to the outfall. There is also a place at the other end of soi watboon, a giant conveyor belt that removes plastic etc from stormwater, its actually running when you drive past nowadays.
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I have lived in Phuket, Bangkok and Pattaya, and Phuket is defiantly more expensive. Not just rent and things like that, items on the shelf in 7/11 are more expensive, food in chain restaurants like MK is more expensive. I think even Mcdonalds adds a Phuket premium.
My wife noticed it more than me, picking up things in 7/11 that were 40 baht in Patts and 45 baht in Phuket. Across the board, maybe 10% more expensive.
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4 minutes ago, Thainesss said:
It's impossible that you're at 28 and "no humidity"
isnt that the whole idea of a good air conditioner, it removes the humidity, thats all the water that pours out of the drain.
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6 minutes ago, Thainesss said:I dont understand how you guys have your aircons set at 28 - 29 degrees. Thats still hot as balls for an indoor living space.
It comes down to the humidity, 28 with no humidity feels comfortable.
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1 hour ago, Woolsgibb60 said:
But why should i pay £130 for a tourist Visa now it £150 for them to come free
The same METV in china costs 1200 RMB, around 140 pound. At the moment westerners and Chinese who arrive without a visa both pay nothing, usually Chinese pay 2,000 baht on arrival.
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13 minutes ago, stevenl said:
Are you saying the combination options doesn't exist anymore?
I dont know, I was more responding to a post saying 65k "and'" 800k required.
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Wouldn't logic say that if the beach is now 600% bigger, with the same amount of tourists,
then yes, it will look empty. Thats less tourists per square meter of beach. Not a massive drop in tourists.
Now the usual rhetoric about the decline of the Thai tourist industry, What decline ?????????
Other than a few ill informed observations, has there been a marked decline ????????
To have a post mortem on what has caused the downfall of Thai tourism, there first has to be an actual quantitative decline in tourism, not just the bar is empty or my mate told me.
My own observations and a lack of any contrary data, would lead me to believe there is no decline in tourist numbers. I sit in traffic every-time I go anywhere, I queue at the supermarket, bank, immigration, DLT. I don't dine in empty restaurants or visit empty shopping malls. My condo block is full. Last time I went to an airport the planes were all arriving full of tourists.
If there is real data out there that shows an overall decline in tourist numbers, I would love to see it. Rather than threads like this one where the vocal minority tell me its true based on empty bar stools or one persons observations
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4 minutes ago, phuketrichard said:
afaik you need 65,000/month for 12 months for your extension in 2020
so u'd need leave 800,000 for 3 months after ur 2019 extension is issued and leave 400,000 for the remainder 7 ( as that is why you received ur 2019 extension) and also have 65,000 wired in for 12
Crazy
Its 65k p/m income "OR" 800k deposit, not both.
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8 minutes ago, ozmeldo said:Nobody cares. Entering hot season and it's already proving to be just that. Who wants to come and deal with the scorching heat nearly same money in high season. This freebie is laughable but it's all they know how to do. Takes no effort.
Other than Chinese the whole world is freaked out to come here now. Once that mindset really takes hold, that people can randomly turned out your tourism industry will be permanently damaged. I give you Indonesia. Same hard line. Outside Bali, it's done. Even Bali suffers. Thailand could end up exactly like Indonesia. All that want to come and see have done so. Long stay entirely discouraged. India has also shot itself in the foot (no surprise there). Lost all it's backpackers.
Good luck Thailand
Where are you getting these figures that tourism is in decline in Thailand, Indonesia and India. Any statistics show a year on year growth.
What people are "freaked out to come here now"?
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Do you mean not turning on as in no lights/beeps/fan etc on the inside unit, or the compressor not starting. Capacitor would usually be to start the compressor not power the unit on. It could be as simple as a flat battery in the remote.
If the unit doesn't power up at all, maybe a fuse, cct board, switch on the inside unit and could be relatively easy to repair. The indoor unit is really just a fan motor, in a non inverter unit it turns on/off the voltage to the outdoor unit.
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1 hour ago, bronzedude said:
Thanks. I hope having a witness during the home visit will be all that's required. If this is the case, it should be no problem.
That was the case late last year and I believe nothing has changed. As I said, if you live in a condo or a village, the office girls will be fine. Took all of 2 minutes, immigration take a quick photo standing next to the office girl, a photo of her ID etc.
A couple of things to note, the photos you take cant be selfies (can see selfie stick), the map has to be hand drawn, not a printout from google maps.
I did a thread about it last September/October, changing from retire to marriage, but it appears you can only search back a couple of weeks now.
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9 minutes ago, direction BANGKOK said:
I am trying to imagine this, so a document needs to come in and be stored for every single tourist who stays, and from every establishment, home or condo they stay in?
I am just trying to imagine that stack of documents each year, and if it will even be possible to store and sort it effectively. Or is all the reporting electeonic?
Hotels and guest-houses report electronically. Some immigration offices are introducing online for private houses etc.
But still a few acres of trees each day.
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2 hours ago, Destiny1990 said:
Great so immigration is going door by door interviewing interogating anyone that opens their door? Dont they need warants for disturbing randomly people?
lets say u have a tenant with a year contract first day u report him at immigration than 3 months later he travels abroad for 2 weeks once he returns he doesnt report back in with immigration and then immigration rings his door bell and check him out then they will fine the condo owner for that??
How is a condo owner responsible for that? Its utterly ridiculous.
The full name of the TM30 document is
"Notification Form for House Master, Owner or the Possessor of the Residence where Aliens have stayed"
Once you stay long term, sign a lease etc, you are the possessor of the property and responsible to report yourself and guests etc
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You dont need to take witnesses to the immigration office but when immigration do the home visit they will want to talk to a friend, neighbour etc. A Thai, (doesnt need to be someone you know personally) with an ID who knows you both and verifies you live together, sees you together, it could be the cleaning lady.
I just take them to the condo office.
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33 minutes ago, Sunmaster said:
My friends from Europe will be visiting this coming December. Can't be bothered to report my guests, I'll take the risk.
Depends if your friends will be visiting immigration to get an extension, thats when immigration will want to see a TM30 receipt. If they visit immigration a TM30 receipt is required or you get a fine, there isn't really a risk/no risk situation.
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Thai Immigration check Bangkok
in Thai Visas, Residency, and Work Permits
Posted
Have a look at the full title of a TM30 document,
NOTIFICATION FROM FOR HOUSE-MASTER, OWNER OR THE POSSESSOR OF THE RESIDENCE WHERE ALIEN HAS STAYED
Its not just the owners responsibility, once you take on a long term lease etc you are the possessor and just as liable.