List Mgmt. Contract, Trade & Draftee Discussion, 2023: Picks 1,20,34,39,53 ,58

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Link to contract status of all players


Link to Lore ’s excellent draft order thread that is updated to reflect current ladder positions

 
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Can't be that smart if he can't spell it correctly
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The exchange rate, cost of living, the weather and lifestyle.

For me its the weather and investments. Certains cities are currently seeing huge growth and the way they develop condo's there if you buy in early you get heavily discounted pricing. You need to pick a major developer with a good track record in the right area and you won't see a rental return for about 4 years but once the compound is finished you see roughly a 40-50% capital gain on the initial buy price and then rental returns well above 10% based on what you paid, particularly if you finish things off yourself and decorate in the style of a hotel room.

Cebu has been a mecca for it in past years but the everyday people and more investors have cottoned on over the last 12 months pushing prices even on early stage developments significantly higher. So the boom time to buy there is just about done. A few months after the last major Typhoon was literally the perfect storm to buy.

Still deciding where to live long term but will likely buy land under the mrs name, have her offer me a 50 year fixed lease with a 25% option on it and then build myself in the hills above. Nice and central, can travel pretty much anywhere in SE asia all on the cheap. You just have to know the cultural situation and how corruption works there and use it in your favour rather than have it used to curtail your interests.

Davao City and Bohol will likely be the next places of interest. Once construction of the bridge from Mactan to Bohol starts then condo's and land on the other side of the bridge are going to be great cash cows.

I am lucky that I have 2 younger step cousins who are very trustworthy and are half Filipino (born there) so have been able to form a corporation whereby I have control and can purchase more than 10 condo's. Normally as a foreign investor in a corporation it requires 60% Filipino ownership across a group of 5 people. So i'm on there, my mrs is on there, my son and my 2 step cousins. So I have 80% even without my mrs control meaning even if one of the relationships falls apart I still have absolute power.

Corruption is a major issue in all of these countries however people can say im a bigot all they like but I prefer countries without a Muslim Majority and government as I've seen a lot of things turn sour for people very quickly due to strict interpretations of religious beliefs. I speak Tagalog very well but do get looked down on at times for not speaking Bisaya in Cebu in particular. However having my mrs arrive to meetings earlier and sit away from where i'm discussing business is great as I get a translation of what their goals are after meetings and also all the shit they talk about me.

So I quite like the Philippines, Vietnam and Thailand for business. Malaysia and Indonesia not so much.
 
Darn it.

I was thinking the same thing.

If we had pick 1 should we trade away the opportunity to draft the next Chris Judd?

Three bites at the cherry instead of 1?
I think I'd still take Reid.
Going by what those supposedly in the know say it's Reid then it drops away exponentially.
I'd go quality over quantity.
 
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