"alamak Song CHing, please don't pretend innocent lah….the story of Sean Tan above is to make sure when you bought a property, has the developer done enough to provide you good grade electrical appliances and sanitarywares boh?"
provided developer has made good enough job on the outer looks to pique buyer/renters interest to look at the inside. when you said looking at the bigger/wider picture, why focus on the small small electrical appliances that costs much less to replace , than the building itself?
treat me as really innocent /stupid pls. but riddle me this
1. i have not been in this "game" for long. but you can't be looking for buyer and tenant just as the unit VP right? say you VP this month. found a tenant, and you found a buyer few months down the road. what if the tenant dont wanna move out and new buyer wanted to move in ? i dont think fellow investor would want to buy a tenanted unit at higher price, as that would lower their profit margin or getting them into the red.. and you wouldn't sell at a loss right? cause that would be stupid. or do you mean finding buyer when the tenancy is coming to an end?
it might work, but at what point do you decide to sell ? do you factor renovation into the price you sell ? cause some buyers might not want what you did to the unit and have ideas of renovation on their own. they dont have to accept whatever what you try to shove down their throat right? doesn't this means your reno cost didnt really do much in getting a buyer for you ? maybe they just like the spot or view. or you only find buyers that likes the renovation ? what if the design was damaged by previous tenant? i havent heard of anyone moving into new home without furnishing tho, so i can't really relate to the idea of furnishing the unit properly to attract buyer, but tenant yes.
"if you constantly looking at immediate short term gain, or looking at cut down short term loss, meaning you are missing the bigger picture."
if you lose a little bit every month, to wait years for the big profit, you kinda overlooking the small loss which when added up chips away at your "big profit". am i wrong?
in the end, it's a numbers game right?
i don't do emotion, cause the price quoted by agents and websites are abit low, my logic is that the lowest price found is the limit which renters would not settle for, if you're asking for rents of a project, lowest you can find is 2200, means that its easier to rent out when you place your rents below 2200, and the higher from the lowest asking rent you can find the harder you can find tenant, i am not saying you couldn't. but niche design not really a trend here. those who can afford to pay so high a rent probably could straight up buys it but prefers not to, which itself is rare? if a lot of units are quoting at much lesser than their monthly installment then it generally reflects that the rental rate for majority of the owner is not going good? there's surely some exception but you cannot represent majority of the owner right?
owner has a range of rent their are okay with, so does the renter. they might be okay with say 2k rent in this place thats why we see a lot of units asking for 2200 per month is left hanging. if more than that no takers cause there might be other place which suits them better after weighing the pros and cons. renters has a budget to keep too , at this price maybe they felt trading convenience / time for cold hard cash is better?
"now if you are landlord, in what circumstances you will accept 1800 per month rent? how much would you paid to secure such rent? will the poster or rentee of this 1800 unit wlling to snap shot the living lounge for us to share and comment what grade is the FF reno?"
under what circumstance? probably when you cannot get the place rented out and have to stem the bleeding? or is this one of your "looking at cut down short term loss"? i don't see the relevance between showing the living lounge and commenting the grade of FF reno. they came here to live you expect them to promote for you ?
"that's why I don't know why so many sifus posted wrong info here, for self syiok or want to damage ekovest name???? last Saturday, go noodle was completely full house at 8pm."
-mind if you back those wrong info there with the correct info ? prove them wrong. anything. haters will be silenced.
- and Go Noodle is the mall part of the project, i dont see being full house in a mall translate to high demand in rental wor. are they so lazy they can't drive to go noodle and have to rent a unit nearby just to eat it? Go Noodle enthusiast ?
I can answer every queries you have here but it could be a 3day course jor....
Also i dun want to "yik" the haters and critics here.
Clearly you are on learning curve here. If you want to be in property games, you can either play hard and means, or take ur as a hobby, a passion, a force saving. Nothing need to be cou t til the last 12 decimal points.
In property you make some, break even some and will found some lemon. Dun care if you are gurus or not. Someone said "if you are not good at something, then teach".
And i certainly dont want to teach too much here.
Already shown ekc with right price, right reno you can achieve 5% or more. Not exactly making u a free 4d3n luxury trip to thailand but it is not as bad as the haters and critics said.
The GoNoodlres reference is meant for critics and haters as they said building not up to standard lah, carpark flooding lah, water features lah and etc...
Am wonder why still so many diners there? Not that go noddles have no other branches.
Also ikea maluri flooded last week.....damned not a single critics say anything.
Dec 23 2019, 02:54 PM
Quote
0.0205sec
0.46
6 queries
GZIP Disabled