QUOTE(hyzam1212 @ May 10 2011, 09:06 AM)
Care to explain more??What is the suitable capital to start?
Sacrificing life for money is a lot to ask, you must be artist then
Tough times these days in props business
Diversify is indeed the key word
In my opinion, taking personal loan (low fixed interest) is better than asb loan to top up your account
Yes, it has a huge potential but at the end of day there is no goyang kaki business when you starting. After you have struggling and then the passive income consistently come
I think the most easiest way to have passive income is by property.Sacrificing life for money is a lot to ask, you must be artist then
Tough times these days in props business
Diversify is indeed the key word
In my opinion, taking personal loan (low fixed interest) is better than asb loan to top up your account
Yes, it has a huge potential but at the end of day there is no goyang kaki business when you starting. After you have struggling and then the passive income consistently come
But make sure it is a positive cashflow.
Example
I bought a medium low cost apartment in Shah Alam for 60k
I rent out for RM 600,
I paying bank+maintenance is RM 300
In overall I gain extra RM 300
It is more profitable to own luxury condo c/w furniture as the rental will fetch higher and your positive cashflow is more
I'm also looking a way to be a good writer.Maybe someone like Azizi Ali