u buy 6 properties after 5 years
u cannot bare the loan n u bankrupt jump 14th floor

u buy 6 properties after 5 years
u cannot bare the loan n u bankrupt jump 14th floor

u see ah, ppl buy rm250k property and rent out like rm600 per month

i buy same area rm25k flat and rent out rm400 per month.

u see the diff?

plus i stay at that flat before, just different unit.

yup, apartment are easy to rent out, reason because your target market were cheapskate and people that cant loan for a house.
i think quite impossible to get 25k flat for hot area, maybe in the range of 100k already (still can yield minimum of rm500 rental per month)

This post has been edited by zerorating: Jan 13 2016, 10:26 AM

main target are students lor.

I knew some flippers who use cash.... this is the real flippers who is not afraid of any economy crash as they can sustain... afterall cash is still king...

coz it's 3rd floor (highest floor) so 25k.

ground floor asking 59k..

25k now?

but its good u know the area.. so there are some appeal to u as it might to others too

id say cash better.. but maybe u would want to think hard whats the worst could happened n how to go about first

even if u buy cash, should u need money later on, u could still opt to refinance the property right? (not quite sure whats the rate but it works like a bank loan correct?)

25k seems risky,maybe the condition were bad,not extra money for live-able condition

For low cost property i would rather take loan. Ts property is just rm50k. That kind of property u can easily get tenant to rent. And the rent can easily cover or much more than the loan installment.

U get a steady passive income every month, and the cash i have can use for other thing. If i was ts, I wont even sell the property. I will keep it

just remembered need to pay rm70 maintenance fee.....

yeah........

Do you think now is it a good time to buy/sell property? Or perhaps we should wait a bit longer?

i have no income in m'sia. lol

1 month get back more than 1% already. u so greedy.

flat 50k? sounds good..

i thinking i buy, my mum collect rent. the money all goes to her.

Haha.. I dunno la. If i comment this thread will be uuu vs ddd thread .

But personally, i already let go all my investment properties month back. Only left 1 that is still under con.

This post has been edited by silent_stalker: Jan 13 2016, 10:38 AM

if u buy in cash
HASIL will come and buy u coffee

let ur mum collect la. u want quick return, rental play is not for u.