How do expats make money in Thailand with NO Thai Partner
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- Опубліковано 24 сер 2024
- Showing you guys an expat business in Pattaya, which makes money in Thailand with NO Thai Partner at all.
Claudio Line ID Claudio1905
Claudio email claudio.hce@gmail.com
Urban Condo GPS location 12°55'38.5"N 100°52'48.4"E
To contact Claudio, download Line messaging app, see below, then use Claudio's Line ID
Line messaging app download line.me/en/
Claudio Line ID is Claudio1905
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Loved this video Daz and Claudio. Daz you’re a star and your content has quickly become an invaluable resource for me. I love the focus you place on prices/cost for relevant expenses and topics and how you present the information. Claudio you clearly know your stuff on the Pattaya condo front (as do I) and you come across very genuine with a create sense of humour. Thank you very much guys :)
Another excellent and useful video. It’s amazing how when Daz comes up with a feature or series others follow. He is streets ahead of the other UA-camrs. It’s been very helpful mover the last 2 years that we have been away.
I have utililised Claudio's apartment on my holidays and has been an absolute pleasure to deal with. The condo is centrally located to all the entertainment precincts, yet far away from the blaring music. Making a booking is a hassle free experience and a seamless process. I have found Claudio very pleasant to deal with and very accommodating.
At the end of the rental period, he does a quick reading of electricity & water and final payment is a breeze. PLUS YOU GET YOUR BOND BACK IMMEDIATELY, NOT 3 MONTHS LATER LIKE OTHER REAL ESTATE AGENTS.
Would definitely use his services again on the next occasion I decide to visit Pattaya.
Thanks again Claudio for your assistance and meet up again on my next visit.
Wouldn't knowing the starting electric and water readings be beneficial also? Just saying.
@@retthok Well there is an element of trust. Not everyone is our to rip you off.
@@claudiospies1905 Sounds reasonable and I appreciate your quick response. I have not looked at the other videos but what is this unit priced at for the month? Thanks
@@claudiospies1905 I will be in Pattaya November 3 and will need a place. Currently looking for a 1 month rental, although, I am planning on staying at least 6 months, so my options are flexible. Maybe extend a 1 month to 2 months or longer.
I like Claudio's energy and he has set himself so that nobody can take it away , smart man .
Hi Mr claudio
First of all thanks for this video, but i didnt get you the second option for renting my condo, if you can explain to me by writing , i would you be appreciated... Thanks
Savvy investors make their money work for them. 8% ROI is a very good return in a real estate industry.
Lol, extra points for Claudio's suggestion to call and aggravate the ex. This clip deserves a subscribe.
Especially in Pattaya there is a risk if you buy a condo. Pattaya has no zoning and so it can happen that you buy a condo in a very quiet area and soon afterwards bars open next to it. Look at the newer Tree Town area. I know people living close to it. Many years this was an empty and quiet place. Now they hardly can use their condos anymore because of the often extreme bar noise. If you cannot even watch TV anymore and hardly can sleep even with earplugs then you have a problem. Special additional windows and doors inside will not help against deep frequencies. I know a guy there that has 3 balcony doors (European products) in a row and each one has triple glazing. It is not enough. They complained at the city hall and police and even made signature lists. Nothing ever changed. It just got worse. In such a case your investment might end as a total loss. You cannot use it and you cannot sell it. And you have no guarantee that this will not happen to you. 1 noisy bar can be enough already. And mostly there is not much you can do against it. This is my experience after having been living in Pattaya for almost 30 years. I had to move several times because of noise. It is better to rent here...
😂 why the negative outlook on things. The pros outweigh the cons.
All Patrons who follow Daz if anyone is arriving late August lets all catch up and have a drink with Daz he deserves it.
Yes
@@claudiospies1905 Excellent I will put the word out.
He only drinks soda water but not in August😎
@@raylan9542 let's all meet up
I’ll be there
Thanks Claudio for this knowledge. And thanks Dax for amazing content in every video. It’s much appreciated!
Claudio loved the comment about ex wife really funny mate
"Hard work never killed anybody, but why take a chance?" - Edgar Bergen
🙅♂️😂
Excellent video! Great insight on hotel and rental industry. I really appreciate Claudio Sharing is personal retirement situation in Thailand. I look forward to possibly renting a nice condo from Claudio should availability dates align. Funny commentary at the end telling the truth we like to hear!!!
Amazing video, I love this guy you got on there. You guys should do more videos together lol.
It’s a pretty good idea if you’ve got the extra cash laying around to buy two units in the same building live in one rent out the other and since you’re in the building of the other unit it’s very easy for you to take care and maintain any problems that arise.
I notice you.
I like it a lot! This guy has it together and I will be putting him in my contacts.
What a great character Claudio is...that part of the video "lets make it funny"..and the last part made me laugh so much. That looks a great Condo , bright, modern in a good location. I like the fact that Claudio is flexible with the duration of your rental stay. Thanks Daz for the insight and information.Keep up the good work.
Funny as Fuck
Great stream. I just moved to Wongamat Beach, Yank, 63, background as a tour narrator, media coach, author, & p.r. rep. I also edit, and can ghostwrite expat memoirs or books
Loved it, you gotta have the real passion for what you want and don’t want in life. There is almost no time to play around :)
Hi Daz,
I was staying in Claudio's condo last year, excellent Condo and great value for your money.
Claudio is also a very nice and charming man.
Unfortunately he is not single 🤣
Daz, thank you .
Another great video. Always happy to see Claudio here again.
@@claudiospies1905 Hoping for that too
Very informative! Thx Claudio and Daz 😀
Why some people watch this channel regularly and not subscribe is beyond me! Weak, lazy fingers, maybe?Or they simply don't understand what is the meaning of "Press button"?
Daz, on the money again, great video!
What's up Claudio? Good Video. I will probably be in Thailand in the next month. Maybe see you there. Rob
I tell you what must be no shoe polish in Pattaya! It's all in Claudio's hair!!
@@claudiospies1905 it's just I was looking for shoe polish but couldn't find any now I know why
Claudio is pretty funny. The sugar daddy comment had me lol.
@@claudiospies1905 you found a keeper :)
Love the Height to Weigh Ratio Line. Made me laugh.
Great video, no doubt. Would be interesting to hear the comparison, how much this type of real estate investing in Thailand, compares to real estate investing in home country or stock market?
Is it really worth it to do especially in Thailand? If you already have rental property in home country especially
@@claudiospies1905 thank you for the information Claudio!
I just subscribed because Claudio said so…
Great video and fantastic information on extra money for retirement and financial Independence. Thanks 🙏🇹🇭
Great video...Funny and informative..........Thank you very much for doing a fantastic work for us...
hehe you guys are funy ;) .. nice one .
Hahaha great stuff Claudio! And Daz…. Subbed
Thanks for the sub!
😂😂😂 he's a funny guy, strat business i like is attitude. Great content....
@@claudiospies1905 thanks for the reply Claudio, i will be in touch with you soon, am well overdue for a big boy pants holiday. Ps. Inflation in the UK has shot prices up on everything, airlines are taking the piss with prices as well.
Claudio you're a funny legend ;-) Oh & another great video, Cheers
Great ending. Great video.
I recall the story not too long ago of an expat that rented at a discount some 8 units in a condo or a hotel with the intention to rent out to other expats. well, he was not able to rent all the units for various units and lost a ton
Where is Claudio's Condo Video link, if you can provide thanks? Great Video
ua-cam.com/video/SuLbyZoTqz8/v-deo.html
Thanks, I am dreaming of my trip back to Pattaya.
Claudio is a funny guy
Claudio can’t stop staring at his phone for a few minutes for an interview.
Nice video ..sometimes you need something different..thailand rent prices are on the up ..great video m8..
I'm sure Claudio could have his own very entertaining youtube channel :-)
Sugar Daddy not giving her Sugar. Loved it!
great video
Yes. I agree. Daz does a good job.
As a farang, expat, it is possible to get a mortgage in Thailand but as Claudio stated to me, it will have to be in a Thai company name. I'm going through the process right now.
@@claudiospies1905 No, it's in my name. I'll be happy to forward you the initial info I received from my Realtor and mortgage advisor from Bangkok Bank via Line ID.
As I stated, I'm at early stages of this process so who knows what the final terms and conditions will be.
Just clarification on ownership. In a condo building, a foreigner can own in his/her own name as long as more than 51% of building is owned by Thai nationals? Please clarify. As always thanks for the video.
Excellent Daz that clip was superb one of the best indeed just so good and honest very much so.Claudio he is the man knows his stuff very much so and helps all of us who come to visit & retire of course.These videos all take time and myself and all the Patrons look forward to your content and effort you put in all the time very much appreciated look forward to the next one and also when I arrive in August to buy you a Drink or a Coffee and many cheers Daz Phil
How can you consider this a "make money" situation when in reality it will take at least 10 years of monthly rentals to pay the initial investment of buying the condo? It's all good - like the video, first time seeing you here. Good job
@@claudiospies1905 yes return on investment ROI. Must spend money to make money
Invest in the thai stock market. Lots of small companies with attractive dividends.
@@claudiospies1905 That is one option. But it is cyclical. When the next commodities down cycle will be, nobody knows.
I really like Claudio, I was sold on his services last year when I first saw his condos in Daz's videos. I am wondering if I can lease a condo for longer than 1-2 years? I plan to retire here in a few years and I would like to see my options.
Dear Daz, please consider make a video about coworking spaces for those (like me) who work/can work as a digital nomad and dont want to work in condo.
Mcdonald's has free wifi...lol.hahaha.
Great advice my brother did this in 1999 bought a house on the dark side rented it just to falangs. Great advice and no sugar lol 🤣👍
Good advice , passive income is the easiest money you will get
Very funny ending but very toooooo 🤣😂🤣
Expats buy condos cheep... Double the price and sell to newbies.
His crack about phoning the ex was priceless.....
I had been going to Thailand for years and had all the info. But expats buy any normal priced condos and then do rediculous mark ups. It took me a year to find my condo.
I know an Englishman who bought 16 condos at double the normal sell price and he is bleeding money.
@@claudiospies1905 Selling double the price. dont you mean half the price.
Great Claudio 👍🤣
great convo
Great guy, funny. Will let the videos run....
Very interesting, thanks for sharing, regards from England 🍺🍺👍
I am just curious, how many condos Claudio have to have decent lifestyle?
I mean it most be quite a substaltial upfront cost?
@@claudiospies1905 Thank you for replying.
That is very impressive!
I had the feeling you would need 5 condos oe something to make a decent living, so glad to hear that is not the case.
All the best
Hi Claudio and Daz. Great video!
What’s a good budget for a rental condo and what sort of rents are you managing to collect? Lastly, what areas of Pattaya do you recommend?
Thank you!
Very interesting, thanks.
hola Daz! great video
Claudio will be my elder brother and guru in Thailand. 😁🙏🙏🙏
How do you advertise your rental?
Claudio, I think the first question is this.... how much do you make per month?
If it’s $250,000/month speak on.... if it’s $1000/month.... why should we bother?
***New Subscriber***
Many thanks Daz for making this one….would love to meet you & Claudio over drinks . Will be there in September.
Is the minimum renting period 30-days the condo ?
Yes, 30 days min, thanks for the sub
claudio didnt speak about buying and owning a condo , as i understand it farangs can own a condo outright , but cant own a house or land , how about avoiding using a thai company to own the condos can we have claudio back on speaking about owning and buying property , i have been thinking of retiring to thailand and renting or buying a place of my own ,the £90 PCM ground rent claudio mentioned isnt too bad , i was thinking of buying for myself in BKK around lumpini park area , take it easy see you on the next one
What a way to make a living...nice.
Great video thanks, qq- surely it's better / safer to invest in property in UK/ EU etc, and use the rental earnings from that ?
u guys are cool!
would love to have a beer with u boys!
Great idea
Best video
How do you get in touch with Claudio after condo for December or if you know of any in that area free that month
Look below the video and click " more "
I'm clocking for more laughs!😆🇨🇷 Great looking pad for $2000/ month.
@@claudiospies1905 $2000TBHS, that is.
I assume Claudio has more than one condo he rents out? Surely can’t make enough money only renting one out. Interesting guy clearly switched on.
@@claudiospies1905 ,., I got lost watching the video waiting for the mentioning the rent price, also nice looking condo. How much is it to rent? say for 1-2 months? or is it less if for 6-12 months? Thanks.
It's great 👍 but at least you include the monthly bill for this rent 🙄 in your videos 📹
Nice one Daz, unfortunately, this vlog doesn't address the average person who does not have the financial wealth he has. Thanks for your work. Much appreciated
@@Alex-me4qx Well if your theory is correct why do so many YT sites do Vlogs only what it costs to retire in Thailand? At 34 yrs, did you get any financial support from your family or inherit any money? I don't know many 34-year-old who have paid off their homes without some kind of support.
@@Alex-me4qx "I thought the average 50+ year old would have enough money to retire in Thailand and buy 1 or 2 condos. A condo probably only costs about 75,000usd". You have done well. Good on you. But you are mistaken on the average 50 year old's situation in this world.
@@claudiospies1905 How many condos do you own?
@@claudiospies1905 Good for you! Im very proud of you! But according to Alex, you come one condo short in Pattaya and a home where you come from. So if you do not own two additional homes you are below average.
@@claudiospies1905
All I am saying is that if the average person does not have that much money left after a divorce, alimony plus child support payments. We are talking the AVERAGE person.
Coming from Chile, you can have a wife three mistresses all pregnant and if you just up and left they are stuck without you having to pay for anything.
So your real estate will only lease out 6 or 12 months ?
Is it possible to rent out condos on a month by month basis so you can book it out for yourself when you need it to holiday in ?
@@claudiospies1905 ok thanks so much for that 👍. Appreciated 🙂
hi daz have you got claudios contact detils please.
The thing that bugged me during the video is his 3 flowers or 3 arrangements over his head --->> the middle one was not in the center it should have been a little more to the right like over closer to his nose 😂
The cleaning and linen service? We’re the prices quoted per week or per month? Thanks
How can I buy a freehold condo in Thailand? I heard that you can only own 49% , of condo in Thailand
Condo blocks are split 51% of condos must be Thai owned, while 49% can be foreign owned.
So you CAN fully own your own condo 100% as long as it is designated as " for foreign ownership "
Renting out can work out OK, if one gets good renters, if you can afford the overhead when not rented out, you still have to deal with Thai building owners, maintainers, etc. And what about legal issues if the place gets damaged, trashed, or leaks and other things cause damage to adjoining properties
If I listened to you ten years ago I would not have several condos that are earning good return. People that have the cash to start a business make calculated risks unlike you that thinks businesses like this is like a casino with so many odds against you.
@@claudiospies1905 I invest in luxury condos that cater to foreign executives with housing allowance. Straightforward formula, count the number of office buildings vs number of luxury condos. In my area there are only three luxury condos vs 10 new office buildings going up and the area is almost fully built up. For future investments, I look for 5 star hotels that are getting built as they have done all the research on the expected growth of a particular area, especially hotels that cater to executives. The way to secure tenants is through the Human Resources manager as they help newly arrived executives find a place to live. Once you get an international firm as a client, they will go with you for a very long time unless you provide really bad service. These firms usually bring in executives on two to four year contracts so you just have to know what type of units they prefer. Two-bed units are the safest to buy as foreigners will most often expect visitors. Dealing directly with HR people also bypasses brokers who will charge you one month's rent for commission.
@@claudiospies1905Have you seen 5* Retirement Homes catering to Westerners in Thailand? something a western can invest in?:)
Cool!
wonder how much you can make out of it, how long is the return time on investment?
@@claudiospies1905 thank you very much, it's nice if somebody is sharing their knowledge/experience without hiding any details, guess many people will apreciate it and make some use of it
Smart guy
I assume Claudio is fluent in Thai. Without a lawyer or Thai partner, how is the average farang supposed to get up to speed in the fine print of ownership, Air BnB, or rental issues? Since Thailand is notoriously mired in paperwork details that shift all the time and since Thailand is notoriously, increasingly unfriendly to expats, isn't the proof of the pudding a successful outcome after a violation or lawsuit is settled in favor of the farang going it alone? I just have the feeling that a lone wolf farang would never be able to defend himself against Thai accusers. And what about Thai shakedown artists, primarily the police and inspectors?
@@claudiospies1905 thank you for the response. You are obviously thorough and savvy. It seems to me that everything is fine, until it isn’t.
Buying Pattaya property as a superior alternative to other investments, such as stocks, ETF’s or even holding cash (in a higher interest rate environment) really needs to be thought about seriously. Some people just love property despite the drawbacks of investing in a tourist city which busts and booms with regularity. I guess it gives Claudio something to do as well, but I prefer lower risk investments, which over time, will most likely generate better returns, both growth and income, than Pattaya condo’s.
This is a sound time to follow Claudio in Pattaya. Real Estate as well. Thailand Real Estate will be on a climb from here. Considering it myself and this was a great point of view.
Thanks Claudio.
If buying and selling and renting condos in pattaya was a money maker there would be no Bars..lol...just ask all those Russians how their condos are going....It would be a very small ROI...an ETF would give better returns imo..
@@greggoes dint be an idiot...lol.hahaha
Pattaya is dieing. Condo Supply is increasing. Don't invest.
Funny guy 😂
wait up.......did he say that foreigners can not get a mortgage in thailand for a condo????? REALLY???????
A nice 40sm condo is 1 million baht. If you can't afford it then you can't afford Thailand.
@@sails3538 WHERE can I find one of these 1M Bhat condos??
@@ChillinginLuzon... It took me a year to find a very well done, renovated condo right by big Buddha and 12 min walk to walking street. Avoiding property flippers is difficult.
Right now... Condo prices are normal with an older condo going for 750k to 900k in town.... Try the Yensabi condo block. The east side overlooking the pool is the side to buy. The west side gets loud music from the bars and the afternoon sun.
I bought in the Hill condo block... A quiet place facing south over palm trees.. So no sun.. And a partial sea view.
@@sails3538 Thanks for the tip!!
Could have put all that money that he bought condos with, into dividend paying stocks, that would have generated monthly income.
@@claudiospies1905 that's hilarious Luna and Celsius.
Great video but what are you both wearing masks 😀
Can you do a piece on golf societys
Next video !!!
I canceled a 10 month air bnb booking under 30 days. You pay an additional 30 days as a penalty. It gives the renter 30 days to re rent. He has that wrong.
There’s more condos without tenants that with in Pattaya
Property in Thailand.....very risky. Older properties are not favored here. The yield (profit) will be around 3% on your investment so isn't it just easier to purchase ETF, mutual funds etc.
@@claudiospies1905 do you invest in bitcoin 🤔 👀 or just stocks and ETF
@Lancashirelad I bought a house in London and it had tenants for 15 years paying the mortgage and now it is worth 3x
Concern about Pattaya is the very tenuous state of economy, massive oversupply and empty condos. Also local people prefer not to buy "2nd hand". There are easier ways to make money.
How much to rent his condo for 6 months or year? Thanks
13:40 Ok OK my bad... i've subscribed 😏
@@claudiospies1905
Yes I do.
And you did a good job getting in touch with him so that we can discover your nice condo tha I hope to be able to rent or a similar one 👍
@@claudiospies1905
Thanks
Thank you very much
whatever pal
Does Claudio have to pay tax on the rental income to the Thai IRS? I’d want to get some professional advice on that
@@claudiospies1905 Thanks, good reply and info
For mongers its 2 weeks of paradise a few times a year.for ex pats its their home