hmmm. Great to know that

J Lo also sama la

2x5.

you mean that "FR" guy ka?

thought he is one of the best in the market ? someone mentioned in forum..

dunno lah - see that he is quite enterprising wan --seminar, reno , private consultation..sure he is a "crook" ka?

FR I heard through a friend who went for his 1 on 1, she had good things to share about him. Said he's technical at solving problems and encourage her to work within her means. He personally suggested her to buy 2-3 units at a great project to achieve her objective of making money in real estate. She was impressed with FR.

The one I was highlighting is different guru. Chinese one, former banker. Heard from another friend she went for free class to learn about compression loan (didn't learn anything), then pay RM1k + to go for paid class to learn more about compression loan (still didn't learn anything). So pay RM3.5k to go for more advance class and (STILL DIDN'T LEARN anything omg). In the end they said no worries, we do for you and Sifu personally pushed her to buy 3 units of Sunway Velocity at RM700+k each. Mind you ya, her salary only less than 7k.

Siao one. Lucky didn't buy and woke up from her senses.

would she be in profit today if she had bought at that time?

sunway velovity still have alot of vacant units no?

It doesn't matter if she profits or not. She wouldn't know at that moment of time. If she had proceeded, it was speculation. It is gambling.

My biggest concern is she's spending beyond her means. How on earth is she gonna pay back if the place cannot be rented for 2-3 months? Cry also no point. Every night sleep with toes shaking look at ceiling remember bank statement chasing for money already.

Please, invest responsibly.

and accordingly. we must remember the most important thing, no one in this world would like to make us richer. all take-home values and lessons from seminar must be filtered and re-evaluated before practicing it

This post has been edited by num123: May 30 2017, 02:46 PM

i believe balistafear is referring to the residential component rather than the mall, which last heard abt a year ago that it was more than 90% sold and got increased price?

Should be gua. That's all I was told. My stance are very firm against irresponsible leveraging.

At the end of the day multisub/compressed loan is just an option to execute real estate plans. Just because you can do it, doesn't mean you must do it. For those who can afford (got savings, got knowledge and/or got urgent timely to rush) then sure. Those who cannot, try to be superhero and plan to gamble and win big time.. you can also lose big time ya.

Well said.

As mention, multiply loan submission is a loophole that investor utilized. Take advantage to get 90% MOF 3 or more property using their 2nd bullet. DSR sure burst. And if you go for negative cash flow property sure will bleed until unable to hold. Smart investor will go for 3 X at least break even property.

Not Fr

This post has been edited by klproperty1234: Jul 31 2017, 01:01 AM

Anyone can testify and agree that this is a scam? Or you have other views ?

Deleted

This post has been edited by kyo2020: Jun 11 2017, 11:55 PM

People still never wake up..

This post has been edited by klproperty1234: Jul 28 2017, 07:52 PM

Keith Tan, he has helped you doesn't mean he didn screw other people. Don't have to be a Macai.

Actually, I've 'invested' some money to this guru's tok show hoping to learn something extraordinary. Just FYI, the guru has been trained by SR so you know their way of conducting talk show. Basically, they want you to high five each other, hyped up each other that you'll feel you had made the best decision in your life for going into his seminar, and you are on the road to be a millionaire (theoretically, you will own assets over 1Million). Basically, I did not learn much from the so-called loan compression, but if you want to learn more, feel free to top up few thousand more to go for the 1-on-1 session, AND THEN, everything will be pre-plan for you. That's the package.

Cut this short, actually imo, i dont think it is illegal but rather a loophole that some investors have practising for quite some time. Proxy, loan compression and stuff. I have mates that somewhat trusted the guru fully, mind you the mate is having about 6 - 8k gross income, after some calculation the guru actually work out his plan to own 4 properties in one go. (Total investment is about up to 3Mil - Loan Compression all at the same time). Well, of course, this is under the 1-on-1 session which every 'student' has to pay extra just to get the advise and road to become millionaire.

I've stopped visiting the guru after the first 1-on-1, after sensing some pushy moves to ride on their train to get the super profitable project.

If you have a lot of cash and holding power, this plan is completely fine. But for those who are struggling to pay even just one property, I would say, good luck and all the best.

Zz

This post has been edited by klproperty1234: Jul 31 2017, 01:04 AM