Redback

"Look at me , Look at me"

You're not being played and yes, you are missing something. Pattaya, particularly, is a very dangerous place to learn life's lessons. Before you point the finger, remember, there are three pointing back. Read these comments and learn from them, please don't take offence but take the advice. Oh, and give her 10,000 bht for her family. 

7 hours ago, jackdd said:

I also think that you should not lend anybody money... unless it's a good friend where you know 100% that you will get it back, but also then not more than you are willing to lose.

A while ago a friend of my GF asked my GF to borrow 5000THB, i told her to not do it, but she didn't want to listen, so she did it.

What she didn't tell me at first... her friend pays her 500THB interest per month until the credit is payed back in full. So more than 10% interest per month. In the last few months the friend payed her, let's see if it will continue until it's payed off. But with such an interest rate you probably make money even if sometimes people default the loan.

Number 1 rule when lending money in Thailand, apart from the written contract document commonly used, is to obtain SECURITY, ie. Chanote (title deeds to property). No security = no commitment. You lose 

aMike, having been an estate agent for more than 30 years and an investor in numerous ventures, I strongly suggest you develop relationships with agents and meet with them (if you can), tell them you are looking for investment properties with reasonable returns, even with existing tenants, or property that need some reno's. Be broad, but if you want a unit say "only units/condos, and ask them to email you their listings, regularly. Tell them price is not such an issue as you may purchase more than one. The idea here is to become educated quickly on a market. You want information such as all regular outgoings, management fees, extraordinary levies, any pending work to be done on the building and common areas. I'm still yet to see a net 10% return (after ALL outgoings). My finance business pays over 30% P.A. and I'm 1/2 the cost of the competitors. That's not being a loan shark, that's knowing a market and adapting to it.

Anyone who wears colours of a notorious outlaw motorcycle gang doesn't need to be investigated. they need to be locked up. They're not there for a bloody holiday (wearing colours). Otherwise, why would you draw attention to yourself?

What do you think a strung out investigation is going to find? Obviously something already known.

Don't forget, this is Thailand, not the U.K., not the U.S. They (Thai Police) can do a "sniff test" on anyone on the beach, or pretty much what ever they want and might earn them a Baht. 

7 hours ago, kingkenny said:

Shot himself in the throat, unusual

He did have "many illnesses".

141 mascots? I hope they're all different so I can take a photo every time I see one.

The way I understand this is , you buy crypto currency with your hard earned Dollar, Ponds, Euro's ect, but you can't buy Dollars, Pounds, Euro's etc with crypto currency.You have to find someone who will trade a goods/service with crypto currency. I don't know anyone doing this.

For what it's worth, I know where she can borrow funds at 3% p/m, another at 6% p/m, but will require security and sign a contract. She can keep her job. My wife borrowed from the Bank of Agriculture at a fair rate as well. 

On 07/09/2017 at 2:13 AM, Jonmarleesco said:

Which schools? Thai? Usually the whole month.

Yes, it's a Govt. school in Surin. It appears to be the month of Oct by proxy.

Cheers rapom, we're still looking at options. Apologies for my delayed reply.

Does anyone know what the October school holiday dates are?

Fascinating read. Thanks guys

I am looking for a school in Surin with an English programme or something more than the govt. schools offer.

My daughter is mid way through 1st grade in Sydney and we have to return to our home immediately.

Revisiting this topic of the same Title from 2007.

I'd be interested in hearing of first hand experiences and outcomes especially.

Any comments would be appreciated and rewarded with a pissup at my place.

Thewug, did you find a suitable school for your child?

I am looking for a school with an English programme in Surin for my 6 year old.

Nothing I wrote was bullshit and Jumnum is perfectly legal. The banks do business this way too. It's called securing your investment. Gutter shark? <deleted>. 

15-20k per month is a sensational return. If that money is banked monthly your partner will be able to borrow from the Bank of Agriculture. Mine does. Ask your partner about Jumnum. It's like a loan. You give someone say 100k and they pay you "interest"  by way of, for example, 1 gwean (9bags) of rice, per crop of rice. This agreement is registered with the Amphur. When the borrower doesn't want to pay you any more he must give you back your 100k. If he stops paying you, you can take his land. I have 5 of these agreements in Isaan, in my wife's name of course. We then sell the rice at the Bank of Agriculture locally. 1 bag of rice is 90kg, 1 kg of rice used to be 15 baht. The problem with investing money in Thailand is that the profit is always spent before you've actually seen it. Have you actually seen the 15-20k you earn from the cars?