rental income...last time can la...my old property i bought still giving good rental income...
but now for new property...the rental yield really really low...
Boss I spent 21 yrs since buying 1st prop. U decide if u wanna call me lucky. Earn much onot depend on how much one wish to hav. I onli need a simple life. Buying props at young age is bcos I dun wanna face the problem of workers everyday when getting older like now. So I reckon my decision to start investing at the very young age paid off handsomely.
I hav a vely gd biz stil running n generating vely reasonable margin. But facing 100 workers is not a easy for me. Maybe it is for others but definitely I find it quite hard. If they take turn to b jokers, I ll need a 3 mths to settle 1 cycle of probs.
Whereas props is so diff. I just leave it to my agents and lawyer. Agents to hunt for gd deals n bring in tenants with reasonable rate, make sure rentals r collected on time. Each of them ll take care of the tenants they brought in. And lawyer ll make sure tenants get the nails if they fail to pay me on time. It's not tat scary in props. If u do it the proper way, u r earning while in holiday. The props r generating while u r sleeping.
I dun hav to afraid of the props fall sick like how my workers did all the time. I dun hav to worry bout props gone Mia just like how I worry bout any of my workers go Mia after getting bonus. Props won't be caught by police of immigration officers just like how they disturb my legal foreign workers (boland ma so enforcers bojiao).
In work, I hav to make sure ethg runs smooth in order to get back the credit fr clients. In props, I dun need to beg for payment. Yes bad tenants r there, but leave it to agents and lawyer. They ll file in court to make sure I get the rental. And touch wood, I'm lucky tat my bad experiences r vely min.
Hope u get a beta pic y some prefer props even I myself realized the biz is actually generating income quicker than rental increment. But one obvious diff is biz dun bring u appreciation.
