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Investment EMPORIS @ KOTA DAMANSARA [OWNERS' THREAD], The Next Era Kota Damansara
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SPHead
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Jun 21 2021, 12:53 PM
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Getting Started

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Why not rent a whole unit 2k/month (available in market), follow the plan yet need not pay maintainance fees, simply 1.5k monthly into ur pocket, get 10units duplicate the plan with 180k return anually, 5 years simply return with 900k.
Why buy a property for investment? Why dip yourself into deep shit loan? 5 years can get you 900k return which wouldnt happen for 1 unit purchase here. After 5 years return back to owner for repair and maintainance. Save another round cost.
Am i eligible arrange a guru talk and class now? Hehe..
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SPHead
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Jun 21 2021, 07:55 PM
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Getting Started

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QUOTE(Sakurako @ Jun 21 2021, 03:31 PM) what u say is true, at 1st planning to do so, but u need to have longer term contract, example 2 to 3 years, reno & furniture cost, might need to dismantle the partition when move out, and the hassle managing tenant. (Note i use 1.5 months to settle reno + almost 3 months to get all room rented out), so your risk include paying rental when no tenant... so your formula is correct but depend on luck... This is not an healthy ROI to me. Im just cui sui sembang here. If i cut half 50% after reno and those? Still a good earn u couldnt get from 1 unit within 5 years. I knew a guy hold 40 over units for airbnb business in 1 same building, all rent none is purchase, he simply cancel the tenancy when pandemic in, If you have time to handle those sublet is quite a decent earn. But for long term Capital Appreciation as whole, not a good sign. This post has been edited by SPHead: Jun 21 2021, 08:01 PM
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SPHead
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Jun 21 2021, 07:59 PM
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Getting Started

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QUOTE(ManutdGiggs @ Jun 21 2021, 02:03 PM) www.signup4roadto3minions.com There u go 😎 On. Lowyat members discount rate pls. Haha
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SPHead
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Jun 22 2021, 12:14 AM
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Getting Started

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QUOTE(murrayballs @ Jun 21 2021, 10:26 PM) Nothing that curtains wont solve Surely if u rent a unit at 2k/month subletting it for profit is not allowed..more importantly u wont be able to follow the plan without renovating the unit (again, renovations not allowed) Only guru members has right to sublet? Others or neighbour not allow so?? Not allow reno how to hang that curtain?
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