Retirement in thailand ysing real estate

Over dinner, we were chatting with a thai colleague over here. He generously shared that with his savings, he bought 2 pieces of land and constructed 2 bulidings. One with 10 rooms and another with 20 rooms. Each room he is able to collect a rent of 2000bht a mth.

Investments were about a total of 12mil bht. And the land prices go up abt 2-3% a year. This example is taken off some land in Pattaya area.

Other expenses are neglible.
Isn't it not too bad as a retirement plan?

My Australia colleague calculated it to be about 12% return a year. I dont know how he derived that but, if thats true its not bad!

Bangkok work trip

Another work trip in Bangkok.
Lets share food pictures again.

At some resturant near BTS Ari.

And now back in the hotel. Watching bitchy shows again. 

Dash Girls.

These poor girls, so pretty, all modelly and stuff but have boy problems too. 

Girls, dont we just want a little decent boy to love and love us back?

The day the lizard conquered the house.

The entire day! It stayed in the basin.

Do u even have a life, dear lizard? 

I just blacked out

Was just having dinner with my colleague, had a few sips of gin tonic, and suddenly, things became blurry.
I thought i was drunk, so i was slightly surprised when my colleague got worried and i hear him kept asking if i am alright.

And then i blacked out. He told me i blacked out for at least a minute and he was almost ready to call an ambulance.

I woke up feeling slightly feeble and everyone in the restuarant surrounding me. Turns out it was an epilesy attack.

Although it seems scary to most people, i actually dont mind just dying like this. Blacking out and be gone.

Crazy but true.

Smith at Sukhumvit 49

Client has treated us to dinner again :))))
Very nice restaurant and super yummy!
Very reasonable prices at about 850bht++ for a set dinner including a starter(choice of salad), a main and a dessert.

My peekatee pork. The fats, soft meat and crispy skin creates a nice combination in your mouth. The red thing you see below beside the mash are actually seasoned cabbage with cranberries, giving the whole dish a little sweet and sour twist. This was about 400bht. 

One of my clients ordered this and kindly allowed me to take a picture. This is also about 400bht.

These were the best!! Warm little buns with softened butter. The buns were soft, fluffy and had a little wholemeal in it.

Dont stuff yourself too much on those! I made that mistake and by the time it was mains i was already pretty full. 

Easier said than done, since they are so tasty.

Starters, pulled pork, complimentary. Thank you. But these were rather forgettable.

They had a very nice industrial feel to it. 

However, i noticed that the place had no fire protection at all! No sprinklers, no exit lights. 

reporting from smith, sukhumvit 49

ROAST at EMQuartier

ROAST at EMQuartier.
Never fails to impress.

Reasonable price too, with mains from 300bht to 600 bht,
Desserts at about 200 bht

Mushroom burger with bacon at 450 bht

the complimentary bread is soo nice. I like it here in bangkok i always find places with complimentary bread in western dining places. The fries were hand cut and tasted pretty nice. The burger had mushrooms and bacon in it. Need i say more? Overall its pretty decent.

Resturant view, small, contemporary restuarant.

View outside. You can see nice artificial waterfall. But notice also the water stains on the walls. In wonder how they maintain it.

View of the opposite buliding

Strawberry honey tea 120baht.

with real strawberrys and strawberry sorbet.

apple strudel with rum soaked raisins and walnust wrapped with phyllo and a salted caramel ice cream 250 baht

the crust was really nice and broken immediately my fork touched it as you expect from phyllo. The apples inside are too hard/raw though, a pity. The ice cream was fine but nothing speacial.

Another trip to Bangkok

I see that familiar carpet again.
Another trip to bangkok.
Lets see what happens this time ;)

BIM for TQPM, Typical units, Maru forum. Gosh, let me get through this please. So that i may get my pay next month :))))