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Originally Posted by benlovesnuk hey lob, thanks for your estimates very interesting read!
im not sure about the ..."very enthusiastic, and very little else" but fair play!
I think my enthused approach is what business people need at the mo, as i am not by anyway business trained or minded though i am capable of grasping most concepts and ideas, this is slightly above my general undertakings!
I understand what your saying about the cost but as i said i only want 10 rooms your price for 9 is relevant (although you stated basic) i am unaware of what materials your relating your building costs to? However i do appreciate the comment and the matter of a facts and experience you've supplied. It is going to be hard to to total a winning formula with my lack of experience, but i like my concept(which for the moment i want to keep to my chest- but doesnt undermine the rest of the plan for general conversation) and i hope that i can make something of it because im prepared to work hard to achieve results(not just wait for people to trip over the building to get business!
I think that as you say our money is not worth putting into a bank, and id rather try to gain capital investment aswell as yearly taking in this business. I know that business can be slow which is why a guesthouse or similar was thrown out and instead monthly rentals brought in. It will be hard but if we capture the imagination of some people i hope it will set out as a few more building here and there. one must sometimes make the mistake in business to learn(i hope i can avoid them) but if i make an expensive shell i still have outs like holding on to it or selling.
i hope this either confirms your feeling of me being inept to run such a plan or gives a little more indication towards maybe a little luck and some sense will get me somewhere to where we want to be?
thanks for your input regardless! cheers |
hi ben, thanks for not taking humbridge. your enthusiasm will kick in when you turn the room over/around. my advise keep them cleaned , well maintained, this means no leaks,no smells ect, rather as you indicated ref the shit holes you've, seen/stayed in. well same same for me . theres no need for a cheep room to be dirty or no maintanance. i guess we all start off with high standards and end up pissed of as tennants realy know how to test your temperment . as ive no idea what you have in mind its all academic anyway. ive been doing this and similar for 40 yrs plus, theres little i aint seen or done in/on the letting scene, with that in mind i doubt very much theres anything new out there. as for what my prices give you , well it gives you a basic thai biuld. dont compare to farangland, too many variables that we dont have in farangland, if you feel the need to talk it over on a more one to one pm for phone. up to you.lol. regards.