>> Selling Rice Patties In Buriram? tips/info request

[mobiryder]

We found out that my wife inherited 65 rice patties in Buriram. (we're finding out the exact location and sizes tomorrow)... While we will ask the villagers how to sell them, I figured I'd ask you gents here if you know anything about how it works?

I was thinking there must be some kind of a network up there where ppl sell/buy rice patties, or maybe the best way to get money from them is to loan from the bank and use them as collateral? (she intends to open a business with the proceeds)

Any information would be appreciated, thx.

[isaanrice]

hi mobiryder ,

from what I have seen in the villages its always good to spread the word that have rice farm need contractor that will do all the job and usually share profit 60% for the owner and 40% for the contractor (the man who take this job on himself).

OR

you can always rent out the land (with the rice of course) and thats it..u get the rent and the person whom rent it from you make profit from the rice..

I believe,and from what I have seen, option 1 is more common and more possible to get any profit from this land.

you can always sell the land but again you should look at the location and decide what's better for the money.

 

[Buriramallstars]

I think 60 - 40% ?, most work on a budget of 70 - 30%, where is the land situated, how far out of town. we have over 100 rai and with the rice land work on a 70- 30% share, for doing bugger all, i know one guy who is working on 60 - 40%, but he buys all the fertilizer for the crop, this what costs the money, thais are not dull.