Investing 1.4 to 1.5 million baht for 20,000 baht per month

[pattayafun 0]

Do you think its worth a investment of 1.5 million baht cash for 20,000 - 30,000 baht return per month after depreciation cost.

What do you think?

[jacko 8,822]

Do you think its worth a investment of 1.5 million baht cash for 20,000 - 30,000 baht return per month after depreciation cost.

What do you think?

20% pa return isn't so bad.

Providing no taxes and the 1.5 million will be there when you decide to get out.

[Shilo 371]

You have offered no details....

 

But in today's world, if someone offered me a risk free investment with a quaranteed return of 20% per year... I'd finish my beer, get up, and walk (if not run) out the door.

[The_Fat_Controller 25]

With world interest rates so low, especially Thailand, if it sounds too good to be true......it probably is, beware !

[Bullfrog 2,224]

You have offered no details....

 

But in today's world, if someone offered me a risk free investment with a quaranteed return of 20% per year... I'd finish my beer, get up, and walk (if not run) out the door.

 

Too true..what is on offer is 3 times what you would get renting out an apt for the same price..and that is NOT guaranteed..!!

[agogogaran 0]

pattayafun,

 

i would be very weary of any investment that has been suggested to you by you "partner".

 

your last 2 posts have been about investing in a car/motorbike rental on beach rd and buying/building a housing complex of sorts and renting them out at 4500bt to thai's.

 

both of these have been explained as VERY PROFITABLE by you thai partner.

 

i'd say they are trying to rip u off big time, my advice is turn round and keep walking they are trying to take u for a mug

[BigDUSA 71]

Do you think its worth a investment of 1.5 million baht cash for 20,000 - 30,000 baht return per month after depreciation cost.

What do you think?

 

I know a guy, Bernie Madoff who can do way better then the paltry return your being offered. Seriously run don't walk and keep your hand on your wallet. This is a ripoff.

[aras 4]

If you feel the need to ask this on a mongers forum without details.......

it sounds lie a real estate deal to me and that could be not a bad idea but you should not take the word that the income guaranteed seriously. If you can do without the income you might consider it, because renting a place out isn't ass easy ass it sounds in thailand.

 

Good luck

[Dr.Winston O'Boogie 1]

Do you think its worth a investment of 1.5 million baht cash for 20,000 - 30,000 baht return per month after depreciation cost.

What do you think?

It sounds just like the way every other scam in Thailand is presented. Listen to the good advice being offered.

[midlifecrisis 4,048]

I think he is buying a condo and leasing it out.

[torrenova 644]

I think he is buying a condo and leasing it out.

 

Hardly. People would not consider property to be a depreciating asset, thus no need for depreciation. It could be his motorbike idea again or car rental as you have depreciation there and a theoretical income. He has not said how he will get his initial investment back though or perhaps he has just forgotten about that.

[midlifecrisis 4,048]

Hardly. People would not consider property to be a depreciating asset, thus no need for depreciation. It could be his motorbike idea again or car rental as you have depreciation there and a theoretical income. He has not said how he will get his initial investment back though or perhaps he has just forgotten about that.

by depreciation I think he meant maintainence, etc.

 

it was just a thought.

[bangkapiboy 5]

That is a pretty high rent for such as investment.

[scorpions 6]

go ahead and let us know you are looking desperate into some silly investment as said last time already sooner or later your cute thai partner will cash