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 Property Investment Strategy, tricks n magic

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ManutdGiggs
post Oct 18 2013, 06:18 PM

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QUOTE(bukithot @ Oct 18 2013, 06:12 PM)
but still many people are blown by water ... haha ... everyone happy when come out from the talk ma~  rclxms.gif
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Denial due to $$$ spent ma. Hehe
ManutdGiggs
post Oct 18 2013, 06:20 PM

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QUOTE(DrPitchard @ Oct 18 2013, 03:49 PM)
Don't want to put down or insult anybody here, but this is certainly not the way it works or even anything close to it. Any registering a property under family members name won't help either, as the source of funds can easily be tracked.

On a seperate note, I think you're missing the point on the reason why I brought up all those figures and calculation in my earlier post. As forumer Giggs pointed out, a large majority at such talks are just blowing water only, blowing their figures out of proportion in order to convince their audience. The best part is how many people actually walked out after the talk, feeling totally convinced of what the speaker has just presented on.
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Most speakers earn more in kok toking show than in prop. Some recommended props r rubbish. Just to push for dev cos accepted $$$ ma. Bs more like it. I dun even trust mr. Ho. Just trust urself. Failure ll make u stronger. If wan 100% winning strategy, the onli way is to stay mute.
investz
post Oct 18 2013, 06:25 PM

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QUOTE(ManutdGiggs @ Oct 18 2013, 07:20 PM)
Most speakers earn more in kok toking show than in prop. Some recommended props r rubbish. Just to push for dev cos accepted $$$ ma. Bs more like it. I dun even trust mr. Ho. Just trust urself. Failure ll make u stronger. If wan 100% winning strategy, the onli way is to stay mute.
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+1 Fully agreed

If you gained money. Tell ppl shit can eat ppl also believe biggrin.gif

DrPitchard
post Oct 18 2013, 09:06 PM

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QUOTE(ManutdGiggs @ Oct 18 2013, 06:20 PM)
Most speakers earn more in kok toking show than in prop. Some recommended props r rubbish. Just to push for dev cos accepted $$$ ma. Bs more like it. I dun even trust mr. Ho. Just trust urself. Failure ll make u stronger. If wan 100% winning strategy, the onli way is to stay mute.
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Same here, don't have high regards for Mr.Ho anymore, he's appearing everywhere and anywhere just because he is paid to do so. Unless he whips out a S&P agreement that he has invested in a property that he is giving a talk on, I don't think what he says is credible.
DrPitchard
post Oct 18 2013, 09:15 PM

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QUOTE(HeartRock_Cafe @ Oct 18 2013, 09:10 PM)
bro, even he buys doesn't mean it is a good buy because he may get addition 10-20% discount as an ambassador.

give me such discount a lot of average prop becomes good prop overnight.
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True also. But I don't think his figures are into that kind of range, enough to warrant a 10-20% discount, which is totally insane. I would say a good figure would be anything between RM1k-RM5k? It's just half a day's work of talking and that's about it. Developers don't use posters of that event to continue on promoting the property.

Even for the likes of Milan Doshi, I think he'll command more but still less than RM10k. More than RM10k has to be the likes of Robert Kiyosaki, who have wrote world wide bestsellers.

Again, it's just my guesstimate.
bukithot
post Oct 18 2013, 09:18 PM

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QUOTE(DrPitchard @ Oct 18 2013, 09:15 PM)
True also. But I don't think his figures are into that kind of range, enough to warrant a 10-20% discount, which is totally insane. I would say a good figure would be anything between RM1k-RM5k? It's just half a day's work of talking and that's about it. Developers don't use posters of that event to continue on promoting the property.

Even for the likes of Milan Doshi, I think he'll command more but still less than RM10k. More than RM10k has to be the likes of Robert Kiyosaki, who have wrote world wide bestsellers.

Again, it's just my guesstimate.
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my guesstimate would be your figures plus another '0' at the end. rclxms.gif
DrPitchard
post Oct 18 2013, 09:25 PM

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QUOTE(bukithot @ Oct 18 2013, 09:18 PM)
my guesstimate would be your figures plus another '0' at the end.  rclxms.gif
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Hahahaha. For who? Mr.Ho?
Nah, I'm very sure not. I just did an event a few weeks back, and we got a well known local sports figure to attend a Sporting Event. The well known local sports figure has a title to this name and virtually all Malaysians know him.. brows.gif

And his fee was only RM15k, after a serious of negotiations with his manager.

Mr.Ho, how many people know? LOL
ManutdGiggs
post Oct 18 2013, 09:27 PM

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Now ko skin oso into kok toking liao. Running out of idea for dev n doc???

This post has been edited by ManutdGiggs: Oct 18 2013, 09:38 PM


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FortuneClub
post Oct 18 2013, 10:15 PM

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QUOTE(investz @ Oct 17 2013, 09:30 AM)
Bro, not I don't want to believe. But how the bank can approve the higher loan with only RM5K income? Like bro kidmad mentioned, refinance is double edge sword. You can refinanced with current property to get cash for new property down payment. Yet, is your current income justify for these two loan?
I agreed some P&C or "sensitive" tactics can use in applying loan. But that still have limitation. And, don't forget, income tax will comes to you sooner if too obvious.

I wonder can RM5k income the bank can approve more than RM500k loan if the owner have liability of other loan like car, credit card and PTPTN?

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from what i see here, only car to be a commitment .

remember now the banks are offering loan based on DSR 70%-80% and even 100% if you can prove u "cash rich"

500k - installment only 2.4k
600k - installment only 2.9k
ecin
post Oct 18 2013, 11:21 PM

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QUOTE(ManutdGiggs @ Oct 18 2013, 09:27 PM)
Now ko skin oso into kok toking liao. Running out of idea for dev n doc???
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laugh.gif
Glcotan
post Oct 19 2013, 06:11 AM


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QUOTE(ManutdGiggs @ Oct 18 2013, 09:27 PM)
Now ko skin oso into kok toking liao. Running out of idea for dev n doc???
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This one really geng, whenever I see ko's ad, it remindß me to spend more time with family
ManutdGiggs
post Oct 19 2013, 06:30 AM

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QUOTE(Glcotan @ Oct 19 2013, 06:11 AM)
This one really geng, whenever I see ko's ad, it remindß me to spend more time with family
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Boss u were referring to the suiside???
Glcotan
post Oct 19 2013, 08:23 AM


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QUOTE(ManutdGiggs @ Oct 19 2013, 06:30 AM)
Boss u were referring to the suiside???
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ya, young chap now cant take stress bcoz over protected by parents and kakak.
i now start to train my pre-school kids to sweep floor, fold clothes and wash plates...
ManutdGiggs
post Oct 19 2013, 09:11 AM

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QUOTE(Glcotan @ Oct 19 2013, 08:23 AM)
ya, young chap now cant take stress bcoz over protected by parents and kakak.
i now start to train my pre-school kids to sweep floor, fold clothes and wash plates...
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Gd move boss.

Most gen y r a failure product fr tigong. Just hope millenium babies r not spoil brads.
Siao_Lang
post Oct 19 2013, 01:32 PM

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Wanna seek for Some advice from experience investors .

I bought a property in PJ. Under MV for RM 280k in 2010. VP after sign S&P. Stay free for One year. Cause wait for transfer. Been renting it out since 2012 for RM2.7k per month. I rented out my property While currently Staying in a Rented house for RMl .3k . My monthly installment IS Rm 1.4k. DO you think it's advisable to sell off my property now and get the profit to buy my own stay property & few more properties for investment? MV for my condo is Rm 480k at the moment. Planning to sell @ RM 500K at least.
Xccess
post Oct 19 2013, 01:40 PM

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QUOTE(Siao_Lang @ Oct 19 2013, 01:32 PM)
Wanna seek for Some advice from experience investors .

I bought a property in PJ. Under MV for RM 280k in 2010. VP after sign S&P. Stay free for One year. Cause wait for transfer.  Been renting it out since 2012 for RM2.7k per month. I rented out my property While currently Staying in a Rented house for RMl .3k . My monthly installment IS Rm 1.4k. DO you think it's advisable to sell off my property now and get the profit to buy my own stay property & few more properties for investment? MV for my condo is Rm 480k at the moment. Planning to sell @ RM 500K at least.
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Installment 1.4K while renting out at 2.7K, this prop already giving you passive income, why still want to sell this cash cow? rolleyes.gif

Go check for other available options to fund your new props investment.

This post has been edited by Xccess: Oct 19 2013, 02:23 PM
Siao_Lang
post Oct 19 2013, 02:01 PM

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QUOTE(Xccess @ Oct 19 2013, 01:40 PM)
Installment 1.4K while renting is out at 2.7K, this prop already giving you passive income, why still want to sell this cash cow? rolleyes.gif

Go check for other available options for you to fund your new props investment.
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Yeppers, A very Positive cash flow.. but im staying in a rented house.

At least, if i purchase my own stay house, it become my own house. Instead of renting.

Need some down payment to purchase a landed property while at the same time, Wanna use the profit from the sales to use as down payment for Own Property and will buy few more other properties for investment..

Do you think it's a good move? Need more input from those experienced investors. cry.gif cool2.gif

This post has been edited by Siao_Lang: Oct 19 2013, 02:02 PM
Xccess
post Oct 19 2013, 02:10 PM

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QUOTE(Siao_Lang @ Oct 19 2013, 02:01 PM)
Yeppers, A very Positive cash flow.. but im staying in a rented house.

At least, if i purchase my own stay house, it become my own house. Instead of renting.

Need some down payment to purchase a landed property while at the same time, Wanna use the profit from the sales to use as down payment for Own Property and will buy few more other properties for investment..

Do you think it's a good move? Need more input from those experienced investors. cry.gif  cool2.gif
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Be patient, u already on the positive track. Wait for more input from rest of taikor. You can choose to refinance for cash flow too. biggrin.gif
Siao_Lang
post Oct 19 2013, 02:20 PM

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QUOTE(Xccess @ Oct 19 2013, 02:10 PM)
Be patient, u already on the positive track. Wait for more input from rest of taikor. You can choose to refinance for cash flow too.  biggrin.gif
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Thank you very much for your ideas smile.gif rclxms.gif Appreciate it!
Glcotan
post Oct 19 2013, 02:24 PM


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QUOTE(Siao_Lang @ Oct 19 2013, 02:01 PM)
Yeppers, A very Positive cash flow.. but im staying in a rented house.

At least, if i purchase my own stay house, it become my own house. Instead of renting.

Need some down payment to purchase a landed property while at the same time, Wanna use the profit from the sales to use as down payment for Own Property and will buy few more other properties for investment..

Do you think it's a good move? Need more input from those experienced investors. cry.gif  cool2.gif
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You first need to know if there is anymore potential upside for existing unit... Though from 280 to 500 in 2 years is very respectable already

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