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Investment GEN-Y, WILL YOU BUY & INVEST PROPERTY IN 2014?, More and more Gen-Y buying their first
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Robert Lim
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Sep 10 2013, 04:53 PM
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New Member
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QUOTE(stephanielum @ Sep 10 2013, 04:51 PM) Well of course there're some set back I my self lost around 1.5 million for making some ego mistakes but I learn my lesson bounce back and made 3 times as much net worth in a half the time I spent. yes, I agreed. Set back is a set up for a come back.
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Robert Lim
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Sep 10 2013, 04:59 PM
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New Member
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QUOTE(LilyKoay @ Sep 10 2013, 04:55 PM) I hope to invest but i don't have enough capital and don't know how to locate good property to buy for myself. Well, to start invest for the first time, aims for cheaper house and for the first down payment, you will have to save money by your own.
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Robert Lim
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Sep 10 2013, 05:02 PM
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New Member
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QUOTE(Irene Honey @ Sep 10 2013, 05:00 PM) Lily, u can buy a house and rent out the remaining room, and use the money to pay for mortgage. Yes, then you can pay less for your mortgages or don't even pay for a single cent.
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Robert Lim
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Sep 10 2013, 05:16 PM
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New Member
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QUOTE(elfness @ Sep 10 2013, 05:14 PM) But as i said . most of Yuppies wont even look at those cheap properties. they mostly aiming for those above half a mil property. and those fancy location like damansara, subang or PJ. or you can try to invest in shop lot? the probability to rent out shop lot is much higher than houses.
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Robert Lim
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Sep 10 2013, 05:18 PM
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New Member
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QUOTE(Robert Lim @ Sep 10 2013, 05:16 PM) or you can try to invest in shop lot? the probability to rent out shop lot is much higher than houses. Investing in shop lot property doesn't have to be in big city as long as the location is strategic.
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Robert Lim
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Sep 10 2013, 05:29 PM
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New Member
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QUOTE(LilyKoay @ Sep 10 2013, 05:23 PM) but shop lot is quite expansive to invest.. the price of a house in city actually has no difference with a shop lot with strategic place but not in the city. We want our property to have higher chances to rent it. If you just started to invest in property and with not much financial backup, how would u ensure yourself to get half million mortgages from banks?
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