last time i only saw old age investors.
now seem like investors getting younger n younger.

how old r u? how many investment properties u hv?
since when u start invest in property?
what make u go into property investment?

i'm a newbie.
read lot of rich dad poor dad book. i think i m one of millions people who made him rich.
but he really activated me to think differently.
31, 1, 27, rich dad poor dad series.

25 m...
2 property
1.Apartment own stay 2005 (Parent's downpayment, only pay loans)
2.Condo in Segambut/Mont Kiara 2007 .. completed soon.Own money + gf

3.........hahha...next 3-5 years...

27, 1, 24...took overseas job, realized if i don't buy then, i might have to pay much more when i come back...also, if i do come back, at least I can sell/rent out the house & get another new one with a little extra money...

38, 3, 28.... started out slow & late as didn't know the concept of good debt until recently (last yr)

Typical chinaman thinking is all debt is bad and fast, fast pay off loan

24, 1, 23, dad inspired me

down payment from savings + bonuses

27,4 (3 highrise-personal 1 commercial-share with partners),25,not sure why just love property

This post has been edited by walle: Sep 14 2009, 02:48 PM

38 still young?

Dowan say age can?

x, 7, 19 (own money)

young at heart.

ohh onli open for young ppl.... sori-la unker's eyesight no good

Small little bother,

What's wrong with 38. I am 83. Lagi young. haha

19..impressive..wats ur 1st property?

26,2,23 (Parents money + own money)

28, 2, 25 (Own salary and bonuses)

Interesting result.
So many young investor in lowyat forum which own few units of property...
Very impressive!

X , 1 , 27 (own + gf's $)

A lot of young investors? I am not surprised. We have a lot of young and rich LYN members

Double storey link house

Has anyone tried to do a TT (Teh Tarik) session among members in property talk?

27, >3, 24.

Wow, 27 & only 3 yrs xperience.... with all your property investment wisdom I thot u would be >40 at least with 10 yrs xperience

More than 3, maybe will ask you the actual detail if we do meet up.

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Added on September 15, 2009, 9:31 amRich dad.

This post has been edited by jasonhanjk: Sep 15 2009, 09:31 AM

X, >3, 30

I am an old man...

these >3 orang all pretend piggie wan...probably >10...ahaha

anyway, 24, 2, 23 here

This post has been edited by babana: Sep 15 2009, 11:48 AM

25, 2.33 (sharing 5 props with partners), 24...

Inspired as in He TOLD me to buy but i have to fork out the money myself

i nvr really enjoy my life even with good bonuses for yr 2007 and yr 2008

Same same bro... delay gratification ~

This post has been edited by eugene jk: Sep 15 2009, 12:42 PM

Guys,im 22 years old..Last month i just got my payment worth almost 20k..And im kinda interested with property investment..Is it possible for me to start in this field with only 20k ?

wrong...

it should be

25, 5, 24

The above is the real sifu ...

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Added on September 15, 2009, 1:45 pm23 with 2 already....and I know u r hungry for more..

This post has been edited by aramis888: Sep 15 2009, 01:45 PM

It's a sis.

Once moody understands real estate's passive income, her mindset might change.
Spending habit would also be prioritize.

Anyway, if she manage it well.
She can get her money back after 5 years and still control the same property.

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Added on September 15, 2009, 4:54 pmWow, that was fast.
grats

This post has been edited by jasonhanjk: Sep 15 2009, 04:54 PM

Of course can...... some guru claim u can start with 0% down

As long as u got a steady monthly income to qualify for loan your RM20k can be used as downpayment.

Remember to keep some for emergency & incidental cost. You can start targeting property < RM130k or a couple of low cost apartments.

IMHO being conservative in property, I would save more 'bullets' for better quality option although there are oso ppl who gets good cashflow fr low & mid cost apartments

2 of the best u/cons condos in 2009 right? TS & Zest..
me.. 26, 1, 25..

think should discuss total value as well.. not just total props..

This post has been edited by moonh: Sep 15 2009, 05:07 PM

100% loan can be done but must be very careful when using debt as a leverage.
It's not recommended to people who are bad at managing their own finance.

WAH! 27.... perhaps ur avatar pic gimme the thought of ur age...

27,2,27 (late bloomer)

So u bought 2 properties within this 8 months

bugger, u all think I soooo old meh

it would be quite funny to reach 40 and still hang out in LYF on a daily basis

Have to qualify, one of my purchase is sentimental cuz I practically rented the place for quite a while (4yrs) and suddenly realised that hey, if I'm happy paying rental for 4 yrs, most of the people renting here will rent for long term too.

Another was more semi-impulsive due to slightly below market price (~15%) but demanding rental market (near lrt).

A 'holey' man now, waiting patiently for transfer to process.

its not the amount that really matters, the more important question is whether u've learnt enuff to start. Dont rush things, at 22 you still have the world at your feet even if you start only in 2011

27,2,27 .... 24, 2, 23


Eeeerrrr....I am really old...also from the old school.
Don't understand this vital statistics of wealth management...
wat it represent??

u speaking about yourself is it?

25, 1, 24..

Your avatar and the way you talk looks not young...

Mind sharing with us where is your property areas.

Pai kor - too bad i know the truth about your > 3 piggy scam lah.....

I am guessing Pai kor has between 6-8...


Anyway <30 / 4 / 24 or 23 .... can't remember but I will be out of the scene for the next 3 years

This post has been edited by Joink: Sep 15 2009, 09:50 PM

He is scamming us?

That's too easy to recognize a scam la... at least we know about TS, zest, maytower?

Out of the scene !!...u mean Retire ?.

Pai kor got scam...?

Just to clarify - I mean Pai Kor is being humble lah.

By just saying > 3.

Obviously, i know the actual number lah (well, approximately anyway)

You also >3.

Out of bullet Need to start accumulating again...

u r the king of PIGERS ok!! 2 of your units alone can easily dwarf whatever I got.........

hmmm..consider me 24 years old got 2 houses plus a condo in subang..is that ok?

just bcoz I comment there alot doesnt mean Im vested leh

Pai is right.

Probably another interesting but sensitive topic to ask is where you bullet coming from in general term (e.g. EPF, monthly salary savings, big fat bonus, pa ma funds, previous flippings or quickly accumulated over other positive investment cashflows); specifically 1st unit, and units thereafter:

I got my first unit d/p by spending bulk of the accumulated savings over few years of working.

Second unit d/p by using fund released from employee share purchase scheme + bonus pay check.

Some may disagree in terms of financial planning perspective, but I do intend to draw down EPF account 2 to treat as bullet. Still young, things turn sour, and if really intend to rely on EPF only to retire, can climb the corporate ladder and accumulate over future 25+yrs

The intention is to retire younger and comfortably ignoring EPF as the retirement fund.

31,3,30

Never read rich dad/poor dad...enich the author for what..so much free advice on the net.

Started late, but got 3 properties in under 2 years (me and wife combine money), all my rental properties are under 300k, small apartments in prime areas, Amcorp, Jaya etc

[SIZE=14]almost 1 mil portfillio for a 24 yr old is dem good in my books. I had zero when I was your age.


Btw Arsenal, all self bought or some were inherited?

inherited also got...buy ownself also got...i bought my first property at age of 21...

Trying to find another house to buy..but so far no sucess...

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Added on September 16, 2009, 1:43 amstrongly feel the same..rich dad poor dad is pure BS.

This post has been edited by arsenal: Sep 16 2009, 01:43 AM

Are you sure?
I got 3 units this year alone after reading RDPD.

This post has been edited by jasonhanjk: Sep 16 2009, 10:21 AM

glad that u notice that i am 'sista' instead of bro

as i started to venture in different sector of investment/trading while the friends around me are in totally different scenarios..i feel that i am very old among them... hahaha

i am sure that i will be controlling the same property in the next 5 years

gonna add more property to my portfolio in next year

same

the number of properties that mention here does it include the property that you are staying at?

I say, depending on whether is that part of the original investment planning

The topic shows that young investors, so if owning 1 house solely for own stay purpose, i dun think should include.

But if anything more than 1, and it is own stay for the moment but always have in mind as an investment purpose, I guess that qualifies.

Well, if buy and stay and decide to sell off later for a profit.
I think including it would be nice.

what kinda discussion is it? it is not constructive and without any purpose. is it about showing off? or is it about rubbishing?

come, since most and most have 2 and above properties, come, dont just type here, without any proof.

we meet somewhere, bring along your S & P copy, or bank loan agreement copy, to proof.

i will lead this meet up. anywhere that is public enough.

i have 2 properties, one cost 480k in bkt jelutong, one cost 230k, condo, in pj.

i am a bit old compare with many rubbish typer here, i am 32.

come, show me the reality of u.

No need for public, here will do.


Attached thumbnail(s)

this is what is called honest people. u in johore? good. how old are u? i will be doing the same tonight when i back home.

I'll keep my age in secret for now.
I am in Johor, why I want to invest in far away places.

By the way, is your these 2 units self stay or rented out?

wa so many young investor, really envy you guys so loaded.

You dont have to over react, I believe, those with alot properties in hand will not or easily reveal themselve, what is here may be just to keep the topic heat up only.

Maybe when you buy another few more, you wont be disclosing the actual figures too.

This post has been edited by ehl: Sep 16 2009, 02:51 PM

Hehe... at least someone who talks with some sense here...
Honestly saying, I'm not interested to show off or impress anyone. It's up to the reader whether he/she believes whatever that I have said in the forum. I will not waste my time to upload those legal documents that are supposed to be confidential.

To those sincere friends/partners whom are sincere in working and learning, I have no issue to share further details.

This is a public forum to share information. It is up to the reader's discretion to "filter" the information. Nobody is "obliged" to "over-disclose" and I don't think having a bit more privacy makes me a "rubbish".

Bottomline is - I'm happy with my properties and I am some small money

YES... YOU ALL ARE RUBBISH TYPER... like cactus1 say... SHOW ME THE PROOF.. THOSE WHO DON'T SHOW PROOF ARE RUBBISH TYPER..

Show me your SNP when you say you bought SW or ZEN..

Show me the bank offer letter when you say this or that bank give you wat ever interest rate you get...

Show me your tenancy agreement when you say you rented out your prop..

Whatever it is... SHOW ME PROOF whatever you post in LYN.. or else.. you are just RUBBISH TYPER

cheers

The more younger investors maybe doesn't sound anything to you but it sounds something to property agents and bankers

chill mate.

There's always gonna be more than one prspective to everything. We can look at this thread and think :

- Its where ppl gloat and shout about their achievements in property investing.

OR

- Where ppl patheticly lie about their achievements.

OR

- Setting an example to fresh grads out there that financial planning and having an investment plan does not meant for older and married ppl only. The faster you start normally the better the outcome will be.

- That you r not alone, there are fren's to be made and there's always gonna be others who have achieved more than we thought possible.

- Have a bigger dream - I use to think 3-4 houses is max one should have, but now I think 20 is not enuff after understanding what is it required to reach my future objectives

- There are better ways to spend our hard earned money instead of buying a fancy car, paying for a fancy GF/BF etc




I'd like to think this thread of more for the latter. And IMHO, if you are below 40 and already got more than 1 property, u've got nothing to prove to others as you already doing better than the mass, in prop terms.

then for those who were discussing on 'How Much is your net worth' thread have to show a lot things to PROVE themselves..

Net worth are really bogus, I look at cash flow.

.....

This post has been edited by cody99: Sep 16 2009, 06:11 PM

Well said by Pai and Backkom, such a simple thread and some people get so overheated over it.

25.2.24

haha, in terms of whether they are the best onot is indeed disputed by many...just look at the respective threads!

frankly, only time will tell whether it turns out to be a good investment onot...n dat'll be prolly around 3-4 yrs time