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Property Investment Strategy, tricks n magic
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bukithot
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Sep 30 2013, 09:44 PM
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QUOTE(jastan @ Sep 30 2013, 09:40 PM) Normally lower cost area translate the rental is negative cashflow. This will deplete ur savings for future downpayment. Buy subsale need high cash outlay. Eg: a RM 300 K property cost 10% downpayment which is RM 30K + lawyer fee, stamp duties etc which total about RM 50K. Practically, one need few years to save RM50k. So, not easy to get another property in few years. Wonder how TS got to buy 2 units cyberjaya property in 1 go. TS got income from forex and other investments ...
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bukithot
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Sep 30 2013, 10:05 PM
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QUOTE(tikaram @ Sep 30 2013, 10:03 PM) Got friend work with hasil rpgt 30% start already since 16 spet. Not announced yet but can start charging 30%?
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bukithot
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Oct 1 2013, 09:50 PM
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QUOTE(ecin @ Oct 1 2013, 07:05 PM) LOL fyi, suicide is not covered under MRTA Added on Only aim for places with rental value, then no exit plan is required I thought suicide after 1 full policy year is covered? Check the policy~ [Disclaimer: I didnt mean to encourage people to take this path.] This post has been edited by bukithot: Oct 1 2013, 09:50 PM
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bukithot
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Oct 1 2013, 09:53 PM
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Wow.. this thread becomes risk management class liao ~ 2-3 years down the road, when this SOxxxxO floods the market, it is a real test to the market. Unprecedented!!! Local prop market burst first in Malaysia history? How will Ah Jib Gor react? Huh ... This post has been edited by bukithot: Oct 1 2013, 09:53 PM
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bukithot
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Oct 4 2013, 05:56 PM
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QUOTE(Eric Lee113 @ Oct 4 2013, 05:31 PM) wow, only 28, so yound and able to buy total of 1.5mil property, your salary must be super high,  Salute
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bukithot
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Oct 14 2013, 10:46 PM
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QUOTE(akelvin @ Oct 12 2013, 01:22 PM) When you are talking about reward, do you take into account of the risk that you are assuming? Party doesn't last forever and we will know who is the naked swimmers when the low tide comes. Also, when are talking about being extra careful? What strategy do you have when the storm comes? My income can withstand a 10% of loan interest while no one is renting either of my props. Well, maybe I just don't have the gut. Wow... you must be high income earners at age 25! Salute! It seems like you have very good risk management thoughts and conservative~
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bukithot
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Oct 14 2013, 11:19 PM
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QUOTE(akelvin @ Oct 14 2013, 10:57 PM) The dare devils earn the big bucks... I earn small shrimps only. lol! Bro, u too humble ady... Say two props = 600k, 90% loan + maintenance should close to 4k++ a month if BLR shoots up to 10%. You have net 4k to withstand this, your mthly income is easily close to if not above 10k. And at the age of 25... Don't play play...  (wonder what industry r u in... sales?) This post has been edited by bukithot: Oct 14 2013, 11:20 PM
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bukithot
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Oct 18 2013, 06:12 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. but still many people are blown by water ... haha ... everyone happy when come out from the talk ma~
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bukithot
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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. my guesstimate would be your figures plus another '0' at the end.
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