FatherMojo

That does look pretty good, but I like my eggs scrambled. FatherMojo

:D :D

Hope the party is a big success! I will not be in town or I would attend. FatherMojo

Scary! Looks like something from the 60's tv show The Outer Limits. FatherMojo

Now that is what I call a rip-off. FatherMojo

I rolled through there once a few years ago and was turned off by the food and alcohol costs. I think a Heineken is about 150 baht per bottle. FatherMojo

Been there once, but the room seemed small and bland. FatherMojo

Looks very nice. FatherMojo

Thanks for the update. FatherMojo

Look for me and I will be there. FatherMojo

I rode past this place today. The area seems ok, but more businesses need to move into the nearby shop houses to give it more of a lively feeling. One thing I really dislike about a lot of the smaller condos is the lack of a kitchen. I know, I know, people will say that there is plenty of food to be purchased, but sometimes I enjoy cooking for myself. FatherMojo

I think that Jomtien would have been better for something like this. Just utilize the parking spaces as the catwalk area and... bang! No traffic problems in Pattaya.

Take care, relax and get healthy soon. FatherMojo

You all are very welcome. Couple of days back, I flipped an email to the webmaster of Pattaya Today explaining the problem and he replied that there was a problem with CAT. That problem has been fixed so the site is visible. Edit: I think if you are still having problems viewing you might need to clear your cache. Just google "how to clear cache on ......" with ..... = Firefox 3.x or Internet Explorer which ever version you have. FatherMojo

Chanote - Land Deed. (But there are different types) The below was copied from here: http://www.siam-legal.com/realestate/thail...title-deeds.php 1. Freehold Title deed (Chanote or Nor Sor 4) This type of title grants the holder of this document the full rights over the land. Thus, if you are planning to buy land in Thailand, this type of title deed is the best option. 2. Nor Sor 3 Gor A land awaiting a full title deed is granted the document Nor Sor 3 Kor. The land is measured by the Land Department; therefore, it has its exact boundaries. The owner knows exactly what he owns. This type of land may be sold, transferred, or mortgaged, as a land with freehold title deed (Chanote). The owner of the land may file a petition to the Land Department demanding to change it to a full title deed (Chanote), and the Land Department may do so if there is no opposition made against the petition. 3. Nor Sor 3 A difference between this type of land title deed and the previous one is that a land with Nor Sor 3 has never yet been measured by the Land Department; hence the land has no exact boundaries. However, Nor Sor 3 may later be switched to a Nor Sor 3 Gor, then a freehold title deed (Chanote) in the future. 4. Possessory Right This type of title deed is least recommended. A land with a possessory right has never been substantiated by Department, but is only recognized by tax payments at the Local Administrative Office. Although Thai Law stipulates that a foreigner may not own land in Thailand, there is an alternative step of owning a land in Thailand. This involves registering a Thai Limited Company. A Thai Limited Company means that 51% or more of the company must be owned by Thai Shareholders (the remaining shares maybe held my non-Thais. This Thai company may then legally purchase land in Thailand. We recommend that foreign investors to form a Thai Company Limited as the Articles of Association of this form of Company can be varied to allow greater protection for foreign minority shareholders where majority Thai Ownership is required under the applicable Law. The Article of Association can be changes to authorize the foreigner to be the sole director of the company, and the only person of the company who can commit or bind the company in any contractual dealing (buying or selling land), effectively giving the minority shareholders control over the company. By following the above procedures the foreigner would control the company and the company owns the land, for this there is no need of recorded funds from overseas.

haha! That was pretty good. FatherMojo

I clicked on "cache" and the following message appeared... So I guess we should all just sit tight and wait... FatherMojo

Truer words were never spoken. FatherMojo

The view is from Beach Road.

It was a good game! I confess that I was a little sad to the USA lose, but those things happen. Congrats to the boys from the frozen north, they got the gold! Curling rocks! All kidding aside, curling must be the one Olympic sport where just about everyone can participate. No need to be young, muscular or in tip top shape. Just push a brick or learn how to sweep. FatherMojo

Sometimes I sift through the business for sale listings on the various websites and many places for sale look like they are losing money. I saw a small guesthouse/bar advertised on a website. 3 rooms and a bar on Soi Bukaow... 1.2M to buy the guy out and 20k/month, no key money. Even though the rent is seemingly small at 20k/money, I do not see how the place can make a profit. A small bar on Soi Bukaow means that the owner needs a ton of friends coming by and spending money. How many of us even stop at poxy little bars on Soi Bukaow unless we know the owner or our friends know the owner and we tag along. Let's say the guy gets 50% occupancy at 700 baht per night, so 31.5k less 20k rent = 11.5k and from that salary for maybe 2 or 3 staff would wipe that out. Money from the bar? Maybe clear 10-15k per month? Now pay utilities and other what-nots and you are running a loss or pocketing 5-6k per month. I think that lots of owners just want to sell and get from under the strain. FatherMojo0

I walked by your shop once... Didn't buy anything... But I hope you have a great Valentine's Day. FatherMojo

Hope you have smooth sailing and lots of business. FatherMojo

Yeah, alot of these prices/rents/key money offers are way over the top and I cannot understand how people make money. I looked at a few places and the monies requested vs the income or even potential income are so far out of line that it is laughable. Example - 6 room guesthouse with bar/restaurant and a few internet stations. No key money, but 40k rent per month. I ran the numbers using 50% as occupancy with a bit for bar/restaurant/internet and came up with a monthly loss Even at 100% occupancy the monies earned hardly make it worth the effort for the headache involved. Example - Non-running Go-go bar but I think the guesthouse portion is in business. Opening lease price 12m baht This guy must be dreaming. Here is an advert... Although this Pattaya Guesthouse was established six years ago, it has recently been renovated to a very high standard. The four storey building has a popular café on the ground floor, and features 13 guestrooms that are constantly fully booked. Long term and nightly rates are provided, and a separate entrance leads to the rooms. Eight of the rooms are fan cooled and are rented out for 2,500 baht per month, four of the rooms are air-conditioned and rent for 9,000 baht per month, or 400 baht per night, and there is an apartment measuring 50 square metres that can be booked for 1,000 baht per night, or 22,000 baht per month. The business is located close to a brand new shopping mall, and is just a short walk from the beach. Complete financial results will be provided for interested parties to peruse. Monthly rent of 45,000 baht is payable, on a long lease contract that has a 15 percent rent increase factored in every three years. WTF 15% automatic 15% rent increase? Let's take a look at how much the new owner can earn at 100% daily occupancy (no discount!) 8 fan rooms @ 300/night = 72,000 4 airc rooms @ 400/night = 48,000 1 Apartment @ 1,000/night = 30,000 Room revenue = 150,000 Cafe Net Revenue? = 20,000 Revenue = 170,000 Less: Rent -45,000 Staff (4?) -22,000 Utilities (?) -15,000 Maintenance -5,000 Taxes/Accounting -5,000 Money to the buyer 78,000 @ 100% occupancy... But who really believes that 100% occupancy can be attained... knock off 50% -75,000 for a more accurate occupancy estimate. Monthly pocket money... 3,000 :lol: Even if you cut the rent to 20k, the new owner is living on the edge... FatherMojo