CMweb Posted September 24, 2012 Share Posted September 24, 2012 Hi, I’m German, I was running a real estate agency in Europe for over 7 years, after the crisis and the business got down, we decide to move to Chiang Mai and start a new live. We open Buy & Rent Chiang Mai CO. LTD. about 2 month ago, and we are very successful after this short time and happy to have so many owners, renters and buyers who trust us. I’m a little shocked as I read so many negative experiences with agencies from many TV members on this forum; I never thought there are so many “scams” in this business in Thailand, what makes it more complicated to us and also other trustful agencies to run the business more successful, so I thought to give you some special offers if you buy a house or condo with us. We just need to know what you are looking for, after we will drive you to all matching possibility properties and hope we can find you your dream home. Our offer: Our company property specialist lawyer and notary will check all necessary papers to make sure all is clean for a transfer, after prepare the necessary transfer and transfer the property to you. We pay all lawyer, notary, transfer fees, the way to say thank you to use our service. Note: Our prices are the same like we get them from the owners, you would pay the same if you go without us, and there is no reason not to give us a try, you can just win. There are multi legal ways to own a land or buy a house on a land if you are not Thai. Hint: The prices are negotiable in most cases. More info you can find on http://www.buyrentchiangmai.com Link to comment Share on other sites More sharing options...
elektrified Posted September 24, 2012 Share Posted September 24, 2012 (edited) "...There are multi legal ways to own a land or buy a house on a land if you are not Thai..." You can not own land if you are a foreigner. I don't care what you say. O.K. there is the 40 million THB investment plan which has to be approved by the Ministry of the Interior. How many people are going to invest 40,000,000.00 THB in government bonds earning max. 3% for up to 30 years for the 'privilege' of owning one rai? If you can afford 40 million THB you will surely want to have more than one rai of land (and will surely want to earn more than 3% p/a!) I hate it when I see websites telling foreigners they can own land in Thailand. It is simply not true. It is false advertising. Edit: I'm not saying your website says this. I've never read it. Edited September 24, 2012 by elektrified Link to comment Share on other sites More sharing options...
WinnieTheKhwai Posted September 24, 2012 Share Posted September 24, 2012 And.......we're off. <getting popcorn> 1 Link to comment Share on other sites More sharing options...
CMweb Posted September 24, 2012 Author Share Posted September 24, 2012 "...There are multi legal ways to own a land or buy a house on a land if you are not Thai..." You can not own land if you are a foreigner. I don't care what you say. O.K. there is the 40 million THB investment plan which has to be approved by the Ministry of the Interior. How many people are going to invest 40,000,000.00 THB in government bonds earning max. 3% for up to 30 years for the 'privilege' of owning one rai? If you can afford 40 million THB you will surely want to have more than one rai of land (and will surely want to earn more than 3% p/a!) I hate it when I see websites telling foreigners they can own land in Thailand. It is simply not true. It is false advertising. Edit: I'm not saying your website says this. I've never read it. You should not talk if you don't know all rules, I own a company in Thailand, 100% save, 100% contolled by me and I can buy any land I want, just one way how to avoid this law, there are many other Link to comment Share on other sites More sharing options...
KNJ Posted September 24, 2012 Share Posted September 24, 2012 Next he will be saying you can own land in Bali legally Link to comment Share on other sites More sharing options...
BuddhaMind Posted September 24, 2012 Share Posted September 24, 2012 Your posts are always so entertaining. One time you didn't like the work ethic of young Thais. And then one time I think you needed someone to float you 40,000B or something, can't remember exactly, but something to do with money. And now you infer that Thais in this business tend towards scamming, though you can help people buy land and avoid a law. Hmm. Link to comment Share on other sites More sharing options...
Gonzo the Face Posted September 24, 2012 Share Posted September 24, 2012 I wish to just remind all sides in the discussion to surely come...... please remember the Dale Carnegie course on "How to Win Friends and Influence or something or other...... 1 Link to comment Share on other sites More sharing options...
CMweb Posted September 24, 2012 Author Share Posted September 24, 2012 well I was ones in money transfer problem, as I say I start a new biz, so whats the problem with this I own the registered company and I'm the registered director and I can own a land with my company, not sure what all this is about Link to comment Share on other sites More sharing options...
CMweb Posted September 24, 2012 Author Share Posted September 24, 2012 Your posts are always so entertaining. One time you didn't like the work ethic of young Thais. And then one time I think you needed someone to float you 40,000B or something, can't remember exactly, but something to do with money. And now you infer that Thais in this business tend towards scamming, though you can help people buy land and avoid a law. Hmm. Where do I say only Thais are scamming? Link to comment Share on other sites More sharing options...
onthedarkside Posted September 24, 2012 Share Posted September 24, 2012 This topic is a 'promise' by a sponsor. Other side adverts are not welcome, thank you Link to comment Share on other sites More sharing options...
worgeordie Posted September 24, 2012 Share Posted September 24, 2012 CMweb, I think you need more than 2 Months to become an expert in the Thai Property market,what goes on here will open your eyes, When I first came to Chiang Mai there where no Estate Agents, the only place to find to rent a house was a small general store on Thapae Road,How things have changed, Regards Worgeordie Link to comment Share on other sites More sharing options...
CMweb Posted September 24, 2012 Author Share Posted September 24, 2012 (edited) CMweb, I think you need more than 2 Months to become an expert in the Thai Property market,what goes on here will open your eyes, When I first came to Chiang Mai there where no Estate Agents, the only place to find to rent a house was a small general store on Thapae Road,How things have changed, Regards Worgeordie After over 7 years in this business I’m not surprised with anything anymore, the market here in Thailand is not different to other places I work till now, is all about how you run your business. Yes I still have to learn some Thai ways but this should come by self. The problem in our business is not the market, the problem are all the scam agencies you have around the world, if you run your business clean without any lie, then all goes good and you can get a name and trust in peoples. Edited September 24, 2012 by CMweb Link to comment Share on other sites More sharing options...
market trader Posted September 24, 2012 Share Posted September 24, 2012 You say that you are German. Yet your website says you offer services in the following languages. Thai,English and Russian no mention of German. I'm confused. Link to comment Share on other sites More sharing options...
Plucky Posted September 24, 2012 Share Posted September 24, 2012 Yeah now you mention it why no German? Link to comment Share on other sites More sharing options...
Oscar2 Posted September 24, 2012 Share Posted September 24, 2012 i looked at your website and read the part called "BUILDING AND BUYING A HOLIDAY HOME IN THAILAND". i remember reading this exact same text somewhere else a while back so I entered it into google and guess what? the first thing that pops up is www.samuiforsale.com you have taken word for word, the text belonging to that website. in fact you didn't even remove "Samui" from the text even tho you are running a business in chiang mai. i'm not impressed. 1 Link to comment Share on other sites More sharing options...
iainiain101 Posted September 24, 2012 Share Posted September 24, 2012 This topic is a 'promise' by a sponsor. Other side adverts are not welcome, thank you Does this mean this chap is a sponsor? Link to comment Share on other sites More sharing options...
Rancid Posted September 24, 2012 Share Posted September 24, 2012 CM web, OK I've dabbled in property a quite a bit, in fact just sold a house that I renovated. After that starting looking around for another project and hadn't realised the activity in CM real estate. In fact I would say that CM is currently undergoing a massive real estate bubble with prices unsustainable. Eg a shophouse I looked at before I sold my house was 1.6M, it was bought and got a typical crap Thai renovation, price now is 3.8M! At 1.6M the rental was about 7K/mth, at 3.8M the rent is the same, so where is the return on investment, there isn't any, it is speculation? And like all bubbles this one is going to pop, I would say probably 6 - 12 months, then will be the time to buy after that when the banks move in or the pain is too much. No doubt you are doing well now, but that will slow down. Now, after my usual rant this is what I was getting to, I am going to move back overseas to finish the kids schooling there, don't want to but the right thing to do. My house will need a managing agent, that deposits the rent and looks after the property properly for me while I am away (I'll be back). What arrangement do you offer for this? Might as well throw it up here so others will know, it is a city house and I will keep the rent on the cheaper side to guarantee occupancy. It won't be a cheapie but a bargain for what it is. Link to comment Share on other sites More sharing options...
Popular Post WinnieTheKhwai Posted September 24, 2012 Popular Post Share Posted September 24, 2012 (edited) Reading the original post, you ran a business that failed in Germany. And now you have the grand total of 2 months experience in Thailand. Good luck. That said, it doesn't help that you try to peddle the 'completely legal' line when there have been many reports of Thai authorities making it very clear that operating a business that has as it's only goal the circumvention of Thai property law is illegal, and can be cracked down on at any time. But then, maybe those reports were a little more than 2 months ago so you may have missed them. Edited September 24, 2012 by WinnieTheKhwai 3 Link to comment Share on other sites More sharing options...
justcruisin Posted September 24, 2012 Share Posted September 24, 2012 The OP may as well P#ss into the wind. What works overseas does not apply here. The real estate market here defies all logic and although inexpensive to purchase compared to western countries the build is inferior and basically is worth the land value after many years. The capital gain is through having a consistent rent not in the property itself. Six or 7% on rental when the CPI is 3% Hope you got the right person/office assistant for your business at 30K a month as you posted before. Link to comment Share on other sites More sharing options...
CMweb Posted September 25, 2012 Author Share Posted September 25, 2012 (edited) You say that you are German. Yet your website says you offer services in the following languages. Thai,English and Russian no mention of German. I'm confused. Yes maybe I should add German also, but only 1% from our site visitors is from Germany so I didn’t see it as important. i looked at your website and read the part called "BUILDING AND BUYING A HOLIDAY HOME IN THAILAND". i remember reading this exact same text somewhere else a while back so I entered it into google and guess what? the first thing that pops up is www.samuiforsale.com you have taken word for word, the text belonging to that website. in fact you didn't even remove "Samui" from the text even tho you are running a business in chiang mai. i'm not impressed. Yes and? If you scroll down you see .... CM web, OK I've dabbled in property a quite a bit, in fact just sold a house that I renovated. After that starting looking around for another project and hadn't realised the activity in CM real estate. In fact I would say that CM is currently undergoing a massive real estate bubble with prices unsustainable. Eg a shophouse I looked at before I sold my house was 1.6M, it was bought and got a typical crap Thai renovation, price now is 3.8M! At 1.6M the rental was about 7K/mth, at 3.8M the rent is the same, so where is the return on investment, there isn't any, it is speculation? And like all bubbles this one is going to pop, I would say probably 6 - 12 months, then will be the time to buy after that when the banks move in or the pain is too much. No doubt you are doing well now, but that will slow down. Now, after my usual rant this is what I was getting to, I am going to move back overseas to finish the kids schooling there, don't want to but the right thing to do. My house will need a managing agent, that deposits the rent and looks after the property properly for me while I am away (I'll be back). What arrangement do you offer for this? Might as well throw it up here so others will know, it is a city house and I will keep the rent on the cheaper side to guarantee occupancy. It won't be a cheapie but a bargain for what it is. Yes we offer this service but we need to see your house first to make a quotation. Normal this cost you nothing if we get the house to rent out, we charge one rent per one year contract and then we take care of all your needs. Please PM me your phone number or email me at info @ buyrentchiangmai.com Edited September 25, 2012 by CMweb Link to comment Share on other sites More sharing options...
iainiain101 Posted September 25, 2012 Share Posted September 25, 2012 You say that you are German. Yet your website says you offer services in the following languages. Thai,English and Russian no mention of German. I'm confused. Yes maybe I should add German also, but only 1% from our site visitors is from Germany so I didn’t see it as important. i looked at your website and read the part called "BUILDING AND BUYING A HOLIDAY HOME IN THAILAND". i remember reading this exact same text somewhere else a while back so I entered it into google and guess what? the first thing that pops up is www.samuiforsale.com you have taken word for word, the text belonging to that website. in fact you didn't even remove "Samui" from the text even tho you are running a business in chiang mai. i'm not impressed. Yes and? If you scroll down you see .... CM web, OK I've dabbled in property a quite a bit, in fact just sold a house that I renovated. After that starting looking around for another project and hadn't realised the activity in CM real estate. In fact I would say that CM is currently undergoing a massive real estate bubble with prices unsustainable. Eg a shophouse I looked at before I sold my house was 1.6M, it was bought and got a typical crap Thai renovation, price now is 3.8M! At 1.6M the rental was about 7K/mth, at 3.8M the rent is the same, so where is the return on investment, there isn't any, it is speculation? And like all bubbles this one is going to pop, I would say probably 6 - 12 months, then will be the time to buy after that when the banks move in or the pain is too much. No doubt you are doing well now, but that will slow down. Now, after my usual rant this is what I was getting to, I am going to move back overseas to finish the kids schooling there, don't want to but the right thing to do. My house will need a managing agent, that deposits the rent and looks after the property properly for me while I am away (I'll be back). What arrangement do you offer for this? Might as well throw it up here so others will know, it is a city house and I will keep the rent on the cheaper side to guarantee occupancy. It won't be a cheapie but a bargain for what it is. Yes we offer this service but we need to see your house first to make a quotation. Normal this cost you nothing if we get the house to rent out, we charge one rent per one year contract and then we take care of all your needs. Please PM me your phone number or email me at info @ buyrentchiangmai.com Does that service include deduction of the Thai witholding tax? Link to comment Share on other sites More sharing options...
CMweb Posted September 25, 2012 Author Share Posted September 25, 2012 Does that service include deduction of the Thai witholding tax? We do pay taxes on everything we do and we hope you do the same (Thai Law) Contact me if you like to talk details Link to comment Share on other sites More sharing options...
hagler Posted September 25, 2012 Share Posted September 25, 2012 maybe last 12 months ...tops. anyone who believes what the OP has written about the ownership of land laws should get independant advice before they make a big mistake Link to comment Share on other sites More sharing options...
iainiain101 Posted September 25, 2012 Share Posted September 25, 2012 Does that service include deduction of the Thai witholding tax? We do pay taxes on everything we do and we hope you do the same (Thai Law) Contact me if you like to talk details I would suggest you do more than hope! As the collecting agent, if you do not deduct Thai witholding tax, then my understanding is that you are respnosible for paying it (Thai Law). Link to comment Share on other sites More sharing options...
Oscar2 Posted September 25, 2012 Share Posted September 25, 2012 maybe last 12 months ...tops. that's being optimistic. Link to comment Share on other sites More sharing options...
CMweb Posted September 25, 2012 Author Share Posted September 25, 2012 anyone who believes what the OP has written about the ownership of land laws should get independant advice before they make a big mistake Yes, we also advice to use one specialized lawyer and notary team, we do not offer this service but we can point you in the right direction. Link to comment Share on other sites More sharing options...
KNJ Posted September 25, 2012 Share Posted September 25, 2012 Let's keep it simple. Name of your registered company. when was it formed? What percentage do you own? Not wife, BIL, Friend Somyak or anyone else, your stake? How many references of your work are you willing to publicise? How many properties have you handled in the last 2 months? Are you fluent in Thai ( read and talk, ) and Thai legislation? How many staff do you employ? 1 Link to comment Share on other sites More sharing options...
true blue Posted September 25, 2012 Share Posted September 25, 2012 sorry mate but you will regret trying to pimp for business on cnx forum,to many old <deleted>,seen it done it,but all the best for the future,ve hav vays and mens,to succeed. Link to comment Share on other sites More sharing options...
mamborobert Posted September 25, 2012 Share Posted September 25, 2012 Let's keep it simple. Name of your registered company. when was it formed? What percentage do you own? Not wife, BIL, Friend Somyak or anyone else, your stake? How many references of your work are you willing to publicise? How many properties have you handled in the last 2 months? Are you fluent in Thai ( read and talk, ) and Thai legislation? How many staff do you employ? Ye gads sir I, think you have gone too far. Next you'll want integrity in real estate, then integrity in real estate in Thailand, then integrity in real estate in Thailand with a Russian connection, the integrity in real estate in Thailand with a Russain connection and experience and competence. You go too far sir, much too far. Op, I have a bridge in Sydney I am interested in selling. Can you send your quote (and accompanying agent bidding fee of 2.6 million baht) to my bank in Lagos? Legally owning property (land) by a non Thai as a sole holder outside the investment regime is a fiction. If anyone is seriously pursuing this fantasy......I have an as viable alternative, magic beans that will give you property rights (one Rai blue bean, two Rai red bean, three Rai with water/mountain views yellow bean) contact my bank in Nigeria....... Link to comment Share on other sites More sharing options...
elektrified Posted September 25, 2012 Share Posted September 25, 2012 anyone who believes what the OP has written about the ownership of land laws should get independant advice before they make a big mistake Yes, we also advice to use one specialized lawyer and notary team, we do not offer this service but we can point you in the right direction. what a surprise. Link to comment Share on other sites More sharing options...
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