I thought Pai Kor was the exception. But it seems that there are many such "investors" in the market. A normal salary earner earning RM5k, RM10k or even RM20k is able to leverage so much until he can accumulate RM10m worth of properties. The risk they take is enormous !

What about those businessmen who earn millions per year ? There are so many of them too. If these salary earners with RM20k pm / RM240k pa can buy RM10m worth of properties, then these businessmen who make RM2m pa can accumulate RM100m worth of property each ?

With the collaboration of the banks, how can the property prices not shoot through the roof ?

Yea, most investors are very low profile. If their tricks are let known, then cannot cari makan anymore

Basically what Pai Kor and this fella teach is how to borrow money from bank to buy assets. To package the process in a more presentable form, they use words like "leverage", "good debt", "positive cashflow" etc. In essence, it is just using banks money to invest, same like doing other business. It is whether you want to take the risk or not. If the rental market stay healthy then all is fine. Otherwise, how to repay millions of RM with RM20k salary ?

This method may not be as effective in the current environment after the BNM LTV 70% ruling. And with the current market being stagnant at best, consolidation looks more likely, and bubble burst a possibility, using this method really needs some guts. But I am sure many young people will keep trying. Because they would think "we only live once, why waste the opportunity ? After all, I come to this world bare handed, and when I leave I can't bring with me anything anyway"