Originally Posted by
jamescollister
Originally Posted by
buriramboy
Can't even remember when they were planted, 2007 i think......
Nice looking trees, looks like they have cut the branchs off high, which is good. Jim
I've no idea what they're doing, lol. I left Thailand in December 2008 and haven't been back since, just let them get on with it, it was 36 rai of paddy fields when i aquired it back in 2002, normal story family member had borrowed money (from a bank thankfully) and couldn't pay it back and they were about to lose it, so i paid the debt off (about 250k baht) on the condition they put the land in my daughters name, basically i didn't give a toss about the land at the time, just got it in my daughters name and got the chanote so the same wouldn't happen again and they could happily carry on growing their rice.
Think was about 2005/6 was up there talking to the sister/brother in law about how much money they make from growing rice which was basically fok all, so decided to turn it into a rubber plantation, i think including paying the bank off, digging a 3m x 4m lake, building a 10m x 10m 'hut', having electricity run out to the land/hut, buying all the trees (3500), fertiliser etc. don't even think i have dropped 800k baht total over the last 10 years, so even if it all goes pear shaped won't have lost anything and can always sell the land for many multiples what it's cost me, but looking forward to see how it all pans out over the next 12 months.
You got any idea of roughly how much cash they should generate???