kinyara Posted December 8, 2022 Posted December 8, 2022 6 hours ago, murraynz said: Where is Flowers, to help this guy.. He thinks he knows all about bars and all the important people, he's a genius, surely he can help to sort this out.. Funny you mention that, cough cough ????
Popular Post Jonathan Swift Posted December 8, 2022 Popular Post Posted December 8, 2022 9 hours ago, 4MyEgo said: It appears that Jason has a good business acumen. Dime a dozen. Hopefully he will learn from his experience, i.e. never allow someone else to have your power, i.e. control over your financials, whether it be by a lease in their name, an alcohol license in their name, etc, etc, and only invest 10% of your worth, that way, if your power is put in a situation like this, you can just up and move on as opposed to going to war and losing more of your power without any certainty. Take the loss, move on, learn from your mistakes, it's cheaper to sit on the stool and enjoy your drink while taking in the scenery, no stress, no loss, lots of other investments not holding you down and you can make more money than a bar makes. One of the wisest comments which zeroes right into the fundamental point of letting someone have any sort of power over you, financial or otherwise. That's why I don't use any visa services that others swear by. I won't place important paperwork in anyone else's hands. I would never let any Thai girl or anyone else know ANYTHING about my finances, how much I make, where my accounts are, property (it's all in the US anyway, except for the piano in my apartment). I would not invest in anything here, period. I looked into it briefly, no thanks. Master of my own destiny. 1 1 1
4MyEgo Posted December 8, 2022 Posted December 8, 2022 52 minutes ago, Jonathan Swift said: One of the wisest comments which zeroes right into the fundamental point of letting someone have any sort of power over you, financial or otherwise. That's why I don't use any visa services that others swear by. I won't place important paperwork in anyone else's hands. I would never let any Thai girl or anyone else know ANYTHING about my finances, how much I make, where my accounts are, property (it's all in the US anyway, except for the piano in my apartment). I would not invest in anything here, period. I looked into it briefly, no thanks. Master of my own destiny. I will take that as a compliment. Only invested 10% of my worth here in a property, Honda 125 bike, and new car 7 years ago. Wife lives well of what I make from investments. Apart from my Thai account which is solely used for the annual budget, my other accounts are off shore, I had a prenuptial agreement done back in the old country in 2007 and as far as I know it is still part of the Family Law Act and is worth it's weight in protecting my assets. Wife of 15 years knows how much I earn from investments, how much it costs us to live, and of course if we ever split up, what I have provided her with is hers, plus the gold and land she has accumulated over the years. She also knows that she has no rights to my investments or access, and that there is a will in place is I ever cark it, along with a life insurance policy for her. Being fair works both ways, she has looked after me and I have looked after her, that said, any man who wears his finances on his sleeve and or freely hands it over to his partner, leaves himself wide open. My dad once said to me, you always have to keep them keen. You have learned well grasshopper. 1
Onerak Posted December 8, 2022 Posted December 8, 2022 I don't want to comments on anything except my favorite - brothel owners misery.
thaibeachlovers Posted December 8, 2022 Posted December 8, 2022 16 hours ago, Liverpool Lou said: Why? How would that concern you and how would it be relevant? It would be relevant if he's not allowed to work on it.
thaibeachlovers Posted December 8, 2022 Posted December 8, 2022 13 hours ago, alex8912 said: I'd stay out of Real Estate big time if I was you. LOL. I took my own advice and stayed out of Thai real estate. Never bought any - or should I say I never gave any money to a Thai to buy real estate in their name. I had no problem ignoring my wife's hints that I should build a house for her. 1 1
thaibeachlovers Posted December 8, 2022 Posted December 8, 2022 11 hours ago, Farrows3399 said: Read this 3 times and have no idea who is who . Try taking a course in coherent writing. 555555555555555555555 Sounds like a personal problem to me. BTW grammar police posts tend to be deleted, and quite rightly so.
Liverpool Lou Posted December 9, 2022 Posted December 9, 2022 5 hours ago, thaibeachlovers said: 21 hours ago, Liverpool Lou said: Why? How would that concern you and how would it be relevant? It would be relevant if he's not allowed to work on it. No, it would not, that would be completely irrelevant to anyone but him and would not affect the apparent fraudulent taking of his business or this thread. Where was is stated, or even vaguely suggested, that he worked in the bar? 1
Leaver Posted December 9, 2022 Posted December 9, 2022 On 12/8/2022 at 2:48 AM, jimn said: Yes many of those as well. There are some though as long as you have the right format and business brain who own successfull bars, some even a chain of them. The percentage of failed bars to successful bars does not put the odds in favor of opening a bar here.
Leaver Posted December 9, 2022 Posted December 9, 2022 23 hours ago, Liverpool Lou said: Go on, Leaver, you tell us, you seem to know. The percentages are debatable, but I would say the percentage of failed businesses here, historically, is a lot higher, by a long way, to those that are successful. Are you suggesting successful businesses, historically, outnumber failed businesses?
PJ71 Posted December 9, 2022 Posted December 9, 2022 9 minutes ago, Leaver said: The percentages are debatable, but I would say the percentage of failed businesses here, historically, is a lot higher, by a long way, to those that are successful. Are you suggesting successful businesses, historically, outnumber failed businesses? Are you suggesting you know all the failed and successful businesses in Pattaya? 1
Ralf001 Posted December 9, 2022 Posted December 9, 2022 21 hours ago, kinyara said: He'd have been better off calling Saul, being clearly a bit naive/trusting I really wonder if he decided it was a good idea to open up the details of his case in the public arena or he was advised to do so. Correct me if I'm wrong but I believe some degree of common ownership exists between the law firm representing him and the news outlet getting some copy from the story. At the very least any credible news outlet should highlight a vested/connected business interest in the case. He too busy wrapped in the thought of bar ownership and free poontang..... Than to worry about the small details..... Like getting stitched up !!
Khmer Surin Posted December 9, 2022 Posted December 9, 2022 On 12/8/2022 at 9:42 AM, Jonathan Swift said: except for the piano in my apartment Are you Elton John? 1
Liverpool Lou Posted December 10, 2022 Posted December 10, 2022 On 12/9/2022 at 11:37 AM, Leaver said: On 12/8/2022 at 11:53 AM, Liverpool Lou said: Go on, Leaver, you tell us, you seem to know. The percentages are debatable, but I would say the percentage of failed businesses here, historically, is a lot higher, by a long way, to those that are successful. Are you suggesting successful businesses, historically, outnumber failed businesses? "I would say the percentage of failed businesses here, historically, is a lot higher, by a long way, to those that are successful". Based on what evidence? "Are you suggesting successful businesses, historically, outnumber failed businesses?" You're the one doing the suggesting with a complete lack of evidence, not me. Are you suggesting that you're right in your assumptions? With nothing to back it up.
Mac Mickmanus Posted December 10, 2022 Posted December 10, 2022 On 12/9/2022 at 4:37 AM, Leaver said: The percentages are debatable, but I would say the percentage of failed businesses here, historically, is a lot higher, by a long way, to those that are successful. Are you suggesting successful businesses, historically, outnumber failed businesses? I have seen that many new businesses , restaurants and things don't seem to last long , they are often gone within a few months , they don't seem to realise that it takes time to build up a regular customer base and then make a profit .
ericthai Posted December 10, 2022 Posted December 10, 2022 On 12/7/2022 at 9:32 PM, Leaver said: How can he walk away from 5 months left of a 12 month lease on a beer bar, and what about that bamboo furniture, fan, and small TV in the photo? You just can't walk away from such a large investment. It's worth fighting for. ???? I understand that he has allot invested, things happen and at this point his the landlord and partners playing games I only see loosing more money and not getting the bar back. You cant keep putting out money into a loosing situation.
ericthai Posted December 10, 2022 Posted December 10, 2022 On 12/7/2022 at 9:48 PM, jimn said: Yes many of those as well. There are some though as long as you have the right format and business brain who own successfull bars, some even a chain of them. In Thailand it's contacts you got to have the right contacts!!
bang saen guy Posted December 11, 2022 Posted December 11, 2022 On 12/8/2022 at 4:40 PM, kinyara said: Funny you mention that, cough cough ???? Exactly. This stinks to high heaven. Why promote Isaan lawyers unless he controls that like he does Pattaya News? He says he has the bib in his back pocket. Easy for him
Popular Post dddave Posted December 11, 2022 Popular Post Posted December 11, 2022 On 12/8/2022 at 7:02 AM, jacko45k said: Was it Washington bar area in Bangkok where owners were forced out, the bully boys were sent in at nighttime. I do recall going to a rather good GGB that was surrounded by other bars etc that were in the process of being demolished. Washington Sq. bar owners knew for years that their days were numbered. Finally, all their leases were terminated and they were told to get out, however the family that owned and wanted to develop that land (Not sure if Thai or Indian) were in the midst of a rancorous feud between the three controlling siblings so nothing happened and continued not happening for nearly 2 more years. Many of the bars just kept opening every day with nobody collecting any rent because that would have legitimized their presence thus they had a pretty good final few years. Eventually, buildings started being torn down piecemeal until the Washington Sq. area looked like a current Ukrainian city, some bars still standing, many others reduced to sad rubble.. The deeply lamented "Silver Dollar" and "Hairy Pie Bar" were among the last to go. 6 1
morrobay Posted December 11, 2022 Posted December 11, 2022 I lived in Bangkok in 2000's . And they just came in at night with bulldozers at a disputed area in Nana along Sukhumvit
ericthai Posted December 11, 2022 Posted December 11, 2022 On 12/7/2022 at 7:04 PM, nigelforbes said: I can top that. ???? Sukhumvit Square, Soi 10, 2003. 44 bar beer leaseholders were making lease payments to the sub lease holder but the landowner wasn't receiving anything. One Saturday night after the bars had closed, soldiers using bulldozers flattened every bar, without any warning. The landowner, Kuhn Chuvit of soapy fame, along with 66 other defendants, got up to 5 years each. used to be one of my afternoon spots.
ericthai Posted December 11, 2022 Posted December 11, 2022 On 12/7/2022 at 10:58 PM, thaibeachlovers said: Always an exception to the rule, but get back to us in 10 years and let us know how it's going. I did well with my company, sold it for a nice profit after 12 years. I have a few expat friends that did well too. I know 2 expats that lost allot, but they did things half-ass and it didn't work out. So what type of company did you own?
thaibeachlovers Posted December 11, 2022 Posted December 11, 2022 3 hours ago, ericthai said: So what type of company did you own? Are you baiting? Did you not read my posts where I said it's not a good idea to own property in LOS? Did I have to spell it out that that that would apply to owning a company as well? IMO for every farang that doesn't lose his shirt by buying/ investing in LOS there must be more that do. IMO any farang that wins in LOS is an exception, not the rule. NB, I'm talking about individuals, not overseas companies or corporations. If you have any facts to prove that investing/ buying property in LOS is a good deal for a MAJORITY of farangs I'll be happy to see them. 1 1
thaibeachlovers Posted December 11, 2022 Posted December 11, 2022 11 hours ago, dddave said: Washington Sq. bar owners knew for years that their days were numbered. Finally, all their leases were terminated and they were told to get out, however the family that owned and wanted to develop that land (Not sure if Thai or Indian) were in the midst of a rancorous feud between the three controlling siblings so nothing happened and continued not happening for nearly 2 more years. Many of the bars just kept opening every day with nobody collecting any rent because that would have legitimized their presence thus they had a pretty good final few years. Eventually, buildings started being torn down piecemeal until the Washington Sq. area looked like a current Ukrainian city, some bars still standing, many others reduced to sad rubble.. The deeply lamented "Silver Dollar" and "Hairy Pie Bar" were among the last to go. My experience of Washington Square was a single visit during the day. I regret now that I didn't go during the night time, so just another place to add to my list of places I should have gone to. Anyone know what it's like now?
Mickmouse1 Posted December 12, 2022 Posted December 12, 2022 On 12/8/2022 at 8:39 AM, Robbie2618 said: Why have someone else who wasn't involved in the business sign a lease for his business? When I rented the lease was in my name, I wouldn't want anyone else on it. I'm guessing there is more to it. It is a SUB LET
Harsh Jones Posted December 18, 2022 Posted December 18, 2022 On 12/7/2022 at 12:13 PM, Lucky Bones said: Buy a bar in Pattaya What could go wrong????????? You can basically say that for any business anywhere. 1% of them will make it and big. The rest will fail for reasons mostly out of their control.
joecoolfrog Posted December 18, 2022 Posted December 18, 2022 On 12/11/2022 at 8:40 AM, dddave said: Washington Sq. bar owners knew for years that their days were numbered. Finally, all their leases were terminated and they were told to get out, however the family that owned and wanted to develop that land (Not sure if Thai or Indian) were in the midst of a rancorous feud between the three controlling siblings so nothing happened and continued not happening for nearly 2 more years. Many of the bars just kept opening every day with nobody collecting any rent because that would have legitimized their presence thus they had a pretty good final few years. Eventually, buildings started being torn down piecemeal until the Washington Sq. area looked like a current Ukrainian city, some bars still standing, many others reduced to sad rubble.. The deeply lamented "Silver Dollar" and "Hairy Pie Bar" were among the last to go. Hairy Pie was a complete mess several years before the end , as indeed was Taffy.
joecoolfrog Posted December 18, 2022 Posted December 18, 2022 On 12/11/2022 at 8:04 PM, thaibeachlovers said: My experience of Washington Square was a single visit during the day. I regret now that I didn't go during the night time, so just another place to add to my list of places I should have gone to. Anyone know what it's like now? Been an empty lot for some time. 1
ukrules Posted December 18, 2022 Posted December 18, 2022 On 12/12/2022 at 3:04 AM, thaibeachlovers said: My experience of Washington Square was a single visit during the day. I regret now that I didn't go during the night time, so just another place to add to my list of places I should have gone to. You didn't miss much at night, most of the regulars had gone home long ago by the time I got there - there might have been one or two people left in the bars by about 10pm. It was a dreary old dump of a place at night. I didn't go during the day but I did go during the last year or two of its existence so perhaps that's why it was so quiet. 1
Will B Good Posted December 18, 2022 Posted December 18, 2022 Did have a bar for a year......no great hassle as the Thai girlfriend ran it day to day.......I never saw any money, but she seemed to do very well out of it?????? Popeye's.....no longer exists.
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