32 minutes ago, IsaanT said:

My reality is our two adopted young Thai brothers.  That's a reality we enjoy.  Giving tops receiving any day of the week.
 

 

Shouldnt post pics of your kids on a Forum like this

13 minutes ago, Yagoda said:

Shouldnt post pics of your kids on a Forum like this

There's not enough PII to do any damage but you're probably right.

Can you remove their image from your reply please?
 

“As much as it breaks my heart, I will not place myself & others I love in such a vulnerable position by travelling in the US, no matter how many banners are put up espousing a place’s love for Canadians,” Lisa McMillan, a Canadian user, wrote on Facebook in response to the welcome messages at the airport. 

 

The ugly Trump Effect will ripple through our economy for years to come. 

 

Of course MAGA will blame everyone except Dear Leader. 😄

 

what just happened 

On 4/8/2025 at 3:50 PM, KhunLA said:

Gave up reading OP after a couple silly statements.  He should listed to the gym guy, and invested in RE back in 2004.   If just renting to cover the mortgage & taxes, the appreciation over 20 yrs would make you a millionaire, if buying and selling only 5 house, 1 extra to sell to cover taxes, maybe.  4 X 250k = 1 Mill and a nice retirement.

 

https://fred.stlouisfed.org/series/ASPUS

 

 

     Agree.  I've made much more money in real estate, both here and in the US, than in the stock market, although I do have a stock portfolio. 

On 4/9/2025 at 4:37 AM, SiSePuede419 said:

I would have gotten rich from buying a house during a nationwide real estate crash?

Yeah, right.

Slumlord dreams. 😴

 

If you own RRE, if there's no tenant you have a 100% loss that month.

Even if you have a tenant, they could damage your property and strip it out to the walls, even pulling the wires out (if they got enough meth) costing you $$$$$ lots of money.

And then there's the late night calls to come unclog the toilet after they try and flush tampons down every month, if you have female tenants who are dumb or lazy.

Yeah, great advice. 🙈

 

       You don't need to rent property to make money in real estate.   Although, you can combine renting with selling, which my spouse and I have done.  For example, my spouse and I bought a 1 bedroom condo at The Base, bought off-plan.  (Ok to buy off-plan if developer is very safe, as Sansiri is.)   We owned the condo for a year, renting it for 25,000 baht a month.  As the tenant's year was ending, we decided to sell the condo, as the tenant was moving out and the condo's price had increased from the pre-sale price we had paid.   We had the condo profit, plus the 11 months of rent.  

    We did something similar a number of times with other Pattaya projects, buying off-plan, renting the unit for a year or two,  then selling.   After doing these for a few years we decided we didn't want to be landlords and we just started skipping the rental year and simply put the properties up for sale, usually after renovating them and living in them ourselves for awhile.  

     

On 4/9/2025 at 4:37 AM, SiSePuede419 said:

I would have gotten rich from buying a house during a nationwide real estate crash?

Yeah, right.

Slumlord dreams. 😴

 

If you own RRE, if there's no tenant you have a 100% loss that month.

Even if you have a tenant, they could damage your property and strip it out to the walls, even pulling the wires out (if they got enough meth) costing you $$$$$ lots of money.

And then there's the late night calls to come unclog the toilet after they try and flush tampons down every month, if you have female tenants who are dumb or lazy.

Yeah, great advice. 🙈

 

For someone who, I'm assuming, has little to no experience buying/selling RE, or being a landlord, you sure do seem to know all the negatives to expect.

 

Seem like a lot of excuses not to attempt to succeed in RE, though none of them are good reasons, if you use just a wee bit of common sense.

 

I've bought, rented, sold RE, and TBH, the best and easiest way to build equity, income stream, and hell of a profit when selling.  Properties free & clear, paid for by tenants.   Rarely do things go wrong, and all my tenants where there for years.

 

Even had my RE License, which can be good, & bad.  Since a professional, you're supposedly not allowed to take advantage of ignorant people.

 

Renting, 2 of 4 units were paid for by US gov't program (sec 8).  Couple others rented to people I personally knew.   Always kept the crappiest one open for me, even when I was living with a gal elsewhere.   Avoid being a common law husband 

 

Along with a place to stay, when I lived and worked in different area, if I popped back for a visit, as had a few things going on all the time, some seasonal.

 

RE seriously made life so much easier, financially.  If know what you're doing, really does run on auto pilot.  You can even have a realtor manage for a small commission, if you want hands off.