VIDEO: Every landlord’s worst nightmare! Tenants from hell trash luxury Pattaya condo

[stud858]

A little tip regarding deposits.

Make a video with both parties present in the room and the agreement.

Will help with any disputes later.

 

[ttrd]

12 hours ago, asiaexpat said:

Being a Landlord requires frequent house checks as well as collecting rent. From my past experience lack of monthly checks can be expensive when tenants remove furnishings and destroy fixtures. 

With other words, as a landlord never leave the property when rented. Act as a Security and at night sleep at the gate with the RC in Your hand. The day of the monthly payment drive with the tenant to the bank and collect the rent....

[UncleRico]

My property manager does quarterly inspections. If she finds any issues she gives them three days to fix it. It won’t stop them from intentionally trashing the property before they move but it does help identify and fix issues with people who are just pigs. 

[JAZZDOG]

3 hours ago, newnative said:

      If you look at the Thai laws there's some sense to them, or at least I can see what their thinking might have been when drafting them.  With the Hotel Act, you have an exemption for small enterprises--like a ground floor shophouse business that rents a few rooms out upstairs. The Hotel Law exempts them from obtaining a hotel license if they fall under the guidelines and they don't have to comply with all the many rules and regulations governing big hotels like Hilton.  

     With the new rental law of May 1, they also built in an exemption for owners who rent less than 5 units; they don't need to comply with the new regulations.  I believe in both cases the thinking was that it would be a hardship to require compliance for minor players and with the rental law they also might have thought that with under 5 units, you're not making your primary income.  When you have 5 units or more, they seem to be thinking, ok, now you are doing a big enough business that could be your primary income and you need to follow these new rules.  How they settled on 5 is anyone's guess; perhaps they came up with an average rent per unit and decided you were starting to make a primary income with 5 units.  

     In regard to the work permit, any short-term condo rentals are illegal so you would already be in violation of the law, regardless if you had a work permit.  If you are renting 4 units that you own long-term, I don't think you need a WP.  When you reach 5 you are considered to be operating a business and the new rental law requires you to do some sort of registration; I would imagine at that point a foreigner would also need a WP.  I agree the WP thing can be a gray area and I might be wrong in my thinking that you don't need one to rent a condo you own.  But, I can't remember reading any stories about anybody being arrested for doing a long-term rental on their condo.  

Actually then Airbnb is a good thing making it appear a more passive income

[fanjita]

If you rent out your property then one day or another it will be trashed and you'll be left footing the bill.  No point chasing these people as you'll be throwing good money after bad.  

 

It's a risk that you take and no point moaning thereafter.  One bad tenant and a significant amount of profit is wiped out.

[JAZZDOG]

9 minutes ago, fanjita said:

If you rent out your property then one day or another it will be trashed and you'll be left footing the bill.  No point chasing these people as you'll be throwing good money after bad.  

 

It's a risk that you take and no point moaning thereafter.  One bad tenant and a significant amount of profit is wiped out.

Amen, If you don't buy right or build and make 20% on 60 % occupancy you're better off elsewhere with your money. If you live there half the year it makes better sense but by no means is it passive income. In a place like Pattaya where you can rent a new hi-rise that would cost 2M in Miami Beach for 1200 bucks a month why even think about being a landlord. I live in a 68 m/2 condo, direct ocean front, best amenities in town, 25K. The building is two years old, maybe 60% sold out and the unit is for sale 7M now.

[hottrader77]

18 hours ago, mikebell said:

Surely tenants must provide copies of ID cards/passports which even Pattaya Plod could track down?

yes they would provide it but was reading her boyfriend was a farlang so she might have gone with him to his country , you never know he might move into a house near you depends where he is from 

[newnative]

6 hours ago, JAZZDOG said:

Actually then Airbnb is a good thing making it appear a more passive income

   Except the income being earned is illegal if it is short-term illegal rentals.

[BEngBKK]

I have rented 4 places in BKK, Pattaya, chaing mai during the last 7 years ..

Not 1 landlord returned the deposit and there is nothing you can do about it....
So there are rotten apples everywhere...

[XJPSX]

Was a rent collector in real estate as a kid. Pretty standard fare this one. At least they didn’t dirty the sheets and they likely left the oven clean...too useless to cook.

[MaeJoMTB]

On 5/20/2018 at 6:38 AM, rooster59 said:

According to Ms Jindaporn the condo was rented out two years ago to a woman and her two daughters who had up until recently been paying 30,000 baht per month in rent.

If they've been renting  for 2 years at 30k/month, they have made a good profit despite any damages.

New toilet is around 2,000bht ........ 

[essox essox]

Do not believe 30k per month.....must have been a really really really good condo.

This is 700 pounds in Uk money....

Can not always believe these reports.

Where is the evidence of 30 k per month??

[snoopy21]

This is not new to me. I had encountered this situation once. It took me three days to clear it up!

[grkt]

So what will happen ? Will the owner get back her money ? OF COURSE NOT !

 

 

[stud858]

3 hours ago, BEngBKK said:

I have rented 4 places in BKK, Pattaya, chaing mai during the last 7 years ..

Not 1 landlord returned the deposit and there is nothing you can do about it....
So there are rotten apples everywhere...

I'm curious as to the reasons why your deposit was not refunded.  Can you tell? 

[mauroest]

and what happen if the owner-real estate disappear with your deposit the day of your departure ?

(all bills already paid, of course)

[jakethepeg]

On 5/20/2018 at 10:22 AM, bsdthai said:

What kind of idiot pays 30k for a condo per month? Im amazed how people know the cost of everything but value of nothing. Meaning the costs to build these snap together condos is next to nothing per condo. Chicks probably a drug dealer/user.

"What kind of idiot pays 30k for a condo per month"

 

Because not everyone is a loser living in a crappy fan room shoe box?

[Time Traveller]

On 5/19/2018 at 8:22 PM, bsdthai said:

What kind of idiot pays 30k for a condo per month? Im amazed how people know the cost of everything but value of nothing. Meaning the costs to build these snap together condos is next to nothing per condo. Chicks probably a drug dealer/user.

What kind of idiot you ask? Obviously someone earning more than 30k per month.

What kind of idiot is shocked that someone pays 30k in rent each month? Probably some pauper living off an income less than 30k per month.

[dunroaming]

On ‎5‎/‎20‎/‎2018 at 3:12 AM, stud858 said:

SOLUTION

Rent to falang only with passport copied.  Too easy.  

 

Doesn't always work so easily.  Not happened to me but to friends in Bangkok and Chiang Mai.  Both rented to Farangs, one French and one Italian, both had their places trashed by partying tenants.  Having a passport copied doesn't mean much when the tenants are back in their own country.  Much too expensive to try to call them to account, especially if they deny it was them causing the mess.  My ex-wife had the same thing happen to her in London but had more protection through the tenancy agreement.  But it's more about the feeling than the cost.  It is almost like being violated.

[JAZZDOG]

6 minutes ago, dunroaming said:

Doesn't always work so easily.  Not happened to me but to friends in Bangkok and Chiang Mai.  Both rented to Farangs, one French and one Italian, both had their places trashed by partying tenants.  Having a passport copied doesn't mean much when the tenants are back in their own country.  Much too expensive to try to call them to account, especially if they deny it was them causing the mess.  My ex-wife had the same thing happen to her in London but had more protection through the tenancy agreement.  But it's more about the feeling than the cost.  It is almost like being violated.

Violated, a wee bit dramatic mate. Did you not contemplate the possibility you might be "violated" when you let your property out. If the profit doesn't outweigh the potential loss then don't enter into the agreement.

[Montnoveau]

23 hours ago, Russell17au said:

The tenants were not farangs, it was a Thai woman and her daughters

I reckon somebody else has been living there. One or several junkies.

[Doctorbu]

This is one of many reasons I don’t rent my condo out....?

[gk10002000]

Situations such as that are why I have avoided buying properties as investments for rental.  Yes I understand financing and the attraction of leverage, and property increase in value, etc.  But the potential legal issues and tenant problems are such a turn off.  Instead I put part of my investment portfolio into REITs.  At the moment I only hold NLY but it returns 10% in dividends, and being in my ROTH IRA account those are completely tax free.  And I only risk what I put into it.  No people issues, no maintenance, no law suits, etc.

[KittenKong]

I have rented 4 places in BKK, Pattaya, chaing mai during the last 7 years ..

Not 1 landlord returned the deposit and there is nothing you can do about it....

You could complain to your local Office of Consumer Protection. Did you?

[bristolgeoff]

broken toilet chuck the rubbish out.alittle clean up.not nice for the owner ,but not that bad.could be worse if walls are damaged or doors broken

[Damrongsak]

Then there's a guy in USA who rented a townhouse for 8 years.  He left  70,000 empty beer cans.

 

https://www.snopes.com/fact-check/can-you-beerlieve-it/

 

  

 

[ttrd]

29 minutes ago, Damrongsak said:

Then there's a guy in USA who rented a townhouse for 8 years.  He left  70,000 empty beer cans.

 

https://www.snopes.com/fact-check/can-you-beerlieve-it/

 

  

 

Obviously a collector's syndrome involved...

[Keesters]

Perhaps the tenants had seen the piles of trash strewn around Thailand and thought this was normal and they way that people lived here.

 

DirtyThailand

 

When in Rome etc etc

 

 

 

[invex]

One day we rented out to a German guy who, as he told us, was working for a major German Company. A year contract with a one month deposit. After three months my wife called the police to assist as only the first month had been paid. He had a big mouth too and spoke very bad about us to other residents. While the policeman was inside the condo, he took a knife and destroyed completely a 4 month old sofa set. The renovation, starting from scratch, had been finished just 4 months before. Everything new and a fantastic modern unit.  Final costs to replace / repair the tenant damages was about 60.000 Baht. Two months unpaid rent was 24.000 Baht. Total 84.000 less 12.000 deposit makes 72.000. Thank you HiSo German.

[davidst01]

On 5/20/2018 at 11:41 AM, Jeremy50 said:

Mortifying. I feel for them, but unfortunately some people are absolute pigs. Surely learning how to spot danger signs at the interview stage is the answer. If I did have an expensive property to rent out, which I don't; the following applicants would be immediately ruled out with extreme prejudice.

 

1. People who are improperly dressed, wife beaters, tank tops etc etc.

2. People who are badly groomed, dirty hair, unshaven etc.

3. Overly obese people. Obviously, they have discipline issues.

4. People with visible tattoos. Don't even respect themselves.

5. People who don't have a regular job. That's going to work in a shirt and tie at 7am, not going to work in underwear at 7pm.

6. People without excellent references.

7. People with large families. Nightmare.

8. Single mum with daughter ok. Single dad with 'daughter', no.

9. Smokers.  Disgusting.

10. Also, take a good look at their car. Is it clean inside, washed, waxed and well maintained? A good sign.

 

 

 

did you grow up in a nanny state country. LOL