jimn Posted December 8, 2022 Share Posted December 8, 2022 6 hours ago, Lucky Bones said: Buy a bar in Pattaya What could go wrong????????? Many successfull bar owners in Pattaya. What is your point? 2 Link to comment Share on other sites More sharing options...
Leaver Posted December 8, 2022 Share Posted December 8, 2022 4 minutes ago, jimn said: Many successfull bar owners in Pattaya. What is your point? How many successful, to those that went broke? Link to comment Share on other sites More sharing options...
hotchilli Posted December 8, 2022 Share Posted December 8, 2022 4 hours ago, steven100 said: he's living the dream .... Which in Thailand equates to a nightmare.. trust a Thai in business... nah. 1 Link to comment Share on other sites More sharing options...
Popular Post VocalNeal Posted December 8, 2022 Popular Post Share Posted December 8, 2022 It's an advertorial for Issan lawyers. Simple as...???? 2 1 Link to comment Share on other sites More sharing options...
Popular Post Lucky Bones Posted December 8, 2022 Popular Post Share Posted December 8, 2022 9 minutes ago, jimn said: Many successfull bar owners in Pattaya. What is your point? I'm bored. Trying to get a reaction. Thanks.???????? 2 1 Link to comment Share on other sites More sharing options...
jimn Posted December 8, 2022 Share Posted December 8, 2022 8 minutes ago, Leaver said: How many successful, to those that went broke? 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. Link to comment Share on other sites More sharing options...
Ralf001 Posted December 8, 2022 Share Posted December 8, 2022 hahahahahahaha Dumb <deleted> !! Link to comment Share on other sites More sharing options...
NickyLouie Posted December 8, 2022 Share Posted December 8, 2022 Does Jason want to invest in a bridge in Bklyn? Link to comment Share on other sites More sharing options...
persimmon Posted December 8, 2022 Share Posted December 8, 2022 " threatened by a policeman in plain clothes who he believes may have been fake " ...it gets more and more ridiculous . A classic example of why not to invest in the nightlife scene in Patts . Link to comment Share on other sites More sharing options...
GreenPhoenixNRG Posted December 8, 2022 Share Posted December 8, 2022 Walk away alive and educated, instead of being the next member of the Pattaya Flyers club. You can not win in Thailand. Link to comment Share on other sites More sharing options...
murraynz Posted December 8, 2022 Share Posted December 8, 2022 3 hours ago, Bim Smith said: Welcome to Thailand where you will own nothing but be happy. Straight out of the handbook of the World Economic forum. 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.. 1 Link to comment Share on other sites More sharing options...
crazykopite Posted December 8, 2022 Share Posted December 8, 2022 Get the hell out of there ! a bullet in the head you end up dead is that really worth it NO cut your losses and learn from the experience Thais are the wrong people to upset if they lose face anything can happen . Link to comment Share on other sites More sharing options...
Antiparovian Posted December 8, 2022 Share Posted December 8, 2022 I wonder what type of Visa he has? Link to comment Share on other sites More sharing options...
Lucky Bones Posted December 8, 2022 Share Posted December 8, 2022 42 minutes ago, Lucky Bones said: I'm bored. Trying to get a reaction. Thanks.???????? Yup Steven. At least one person is on the ball.???????? Link to comment Share on other sites More sharing options...
crazykopite Posted December 8, 2022 Share Posted December 8, 2022 8 minutes ago, Antiparovian said: I wonder what type of Visa he has? Does it matter what visa he has I don’t think so if he’s got people running it on his behalf he’s just the investor he’s only 49 so he won’t have retirement ( extension of stay ) 1 1 Link to comment Share on other sites More sharing options...
Cake Monster Posted December 8, 2022 Share Posted December 8, 2022 For a man that had frequented Thailand for Years, and then moved here permanently in Sept 2021, this Guy learned absolutely nothing. Self inflicted wounds have little sympathy 1 Link to comment Share on other sites More sharing options...
thaibeachlovers Posted December 8, 2022 Share Posted December 8, 2022 (edited) 2 hours ago, alex8912 said: Don't buy properties? As in condo's? Why is that? Buy a house, condo, etc and stuck with it when it goes wrong. All night karaokes move next door to houses, condos let the horde rent by the night etc. In LOS a farang basically has no rights when it goes wrong. Pay a lawyer to sort it 555555555555 As always in LOS, it's great till it's not. I've read too many tales of woe on this forum ( and TVF ) from people that left their brains at the airport. I learned the lesson very early on. I stayed at a nice resort on Chaweng Beach where a farang had built a lovely teak room for yoga classes. Went back next holiday and both farang and yoga room had vanished. Never did find out what happened, but I'll bet he didn't go voluntarily. Edited December 8, 2022 by thaibeachlovers happened Link to comment Share on other sites More sharing options...
Popular Post FritsSikkink Posted December 8, 2022 Popular Post Share Posted December 8, 2022 5 hours ago, thaibeachlovers said: In Thailand Rule #1/ never invest in or buy property. Rule #2/ ( applies in any country ) never employ ( or work for ) friends or relations. BS, bought property, setup businesses, employed family and never had a problem. Most foreigners who go into business in Thailand have never run a business in their life, don't have any business sense and don't do proper research. Signing a lease for only a year is a NOGO to start with. 4 1 Link to comment Share on other sites More sharing options...
thaibeachlovers Posted December 8, 2022 Share Posted December 8, 2022 2 minutes ago, FritsSikkink said: BS, bought property, setup businesses, employed family and never had a problem. Most foreigners who go into business in Thailand have never run a business in their life, don't have any business sense and don't do proper research. Signing a lease for only a year is a NOGO to start with. Always an exception to the rule, but get back to us in 10 years and let us know how it's going. Link to comment Share on other sites More sharing options...
FritsSikkink Posted December 8, 2022 Share Posted December 8, 2022 1 hour ago, jimn said: Many successfull bar owners in Pattaya. What is your point? What defines a successful bar owner in your mind. Bar can be full every day but the total cost can be higher than the revenue. Link to comment Share on other sites More sharing options...
FritsSikkink Posted December 8, 2022 Share Posted December 8, 2022 1 hour ago, GreenPhoenixNRG said: You can not win in Thailand. Nonsense 2 Link to comment Share on other sites More sharing options...
jacko45k Posted December 8, 2022 Share Posted December 8, 2022 1 hour ago, jimn said: Many successfull bar owners in Pattaya. What is your point? Yes, one can make a small fortune, if you start with a large one! Not going well for this guy, Link to comment Share on other sites More sharing options...
Popular Post FritsSikkink Posted December 8, 2022 Popular Post Share Posted December 8, 2022 20 minutes ago, thaibeachlovers said: Buy a house, condo, etc and stuck with it when it goes wrong. All night karaokes move next door to houses, condos let the horde rent by the night etc. In LOS a farang basically has no rights when it goes wrong. Pay a lawyer to sort it 555555555555 As always in LOS, it's great till it's not. I've read too many tales of woe on this forum ( and TVF ) from people that left their brains at the airport. I learned the lesson very early on. I stayed at a nice resort on Chaweng Beach where a farang had built a lovely teak room for yoga classes. Went back next holiday and both farang and yoga room had vanished. Never did find out what happened, but I'll bet he didn't go voluntarily. All barstool wisdom from somebody who doesn't live here anymore. 2 1 Link to comment Share on other sites More sharing options...
FritsSikkink Posted December 8, 2022 Share Posted December 8, 2022 7 minutes ago, thaibeachlovers said: Always an exception to the rule, but get back to us in 10 years and let us know how it's going. Been here 40 years 2 Link to comment Share on other sites More sharing options...
thaibeachlovers Posted December 8, 2022 Share Posted December 8, 2022 Just now, FritsSikkink said: All barstool wisdom from somebody who doesn't live here anymore. So what if I don't live there now? Is that supposed to impress me? I lived there long enough to know how it is. If you had a valid point ( you don't ) the forum wouldn't have regular stories of woe such as the OP. Link to comment Share on other sites More sharing options...
thaibeachlovers Posted December 8, 2022 Share Posted December 8, 2022 3 minutes ago, FritsSikkink said: Been here 40 years I was talking about the next 10 years. Link to comment Share on other sites More sharing options...
Liverpool Lou Posted December 8, 2022 Share Posted December 8, 2022 4 hours ago, Scouse123 said: This sounds like he has taken a sub lease for 12 months from the leaseholder and doesn't own anything. I think it looks as though he just paid for his trusted mate to sign the lease from the landlord and, obviously, doesn't own anything. 2 Link to comment Share on other sites More sharing options...
FritsSikkink Posted December 8, 2022 Share Posted December 8, 2022 8 minutes ago, thaibeachlovers said: I was talking about the next 10 years. I started investing a long time ago. 1 Link to comment Share on other sites More sharing options...
Popular Post CrunchWrapSupreme Posted December 8, 2022 Popular Post Share Posted December 8, 2022 I've often been asked about how to start a business in Thailand. They've usually already been reading and start going off about the minimum number of Thai hires to get a work permit, leasing a location, the paperwork, etc. I tell them to forget all that. Get a good Thai lady. Make sure she's up to the job, i.e., not of college age and glued to the phone. Find a spot in a busy local market. Find whatever food's not already being served, and get your lady started on that. I've done it on two occasions with my wife so far. 300-800 baht daily rent. 30-40k start up cash for materials and the first batch of food. She's made it back after the first month. Not as exciting as a bar, but a lot safer. 4 1 Link to comment Share on other sites More sharing options...
Popular Post Liverpool Lou Posted December 8, 2022 Popular Post Share Posted December 8, 2022 4 hours ago, jacko45k said: Was it Washington bar area in Bangkok where owners were forced out, the bully boys were sent in at nighttime. I think you're describing Chuvit's Sukhumvit Square, Soi 10, bar area that was cleared during the night in 2003. Definitely not Washington Square, Soi 22. 4 1 Link to comment Share on other sites More sharing options...
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