gotta agree with scarypoolparty on this one. no need to sympathize.
people thinking got free lunch probably deserved to have their lunch (money) taken away.

when i started, its an agent who approached me with this idea buying some popoti in sg besi, with compression loan. honestly i was attracted, cause he didn't mention any downside, making it sounds easy to just continue buying popoti and refinancing every few years to get more money to buy more popoti. but when i go back and do the math, i realise you do need to pay higher installment for the refinance and from installment from new popoti you acquired with the refinanced cash. so it will keep snowballing until ?
either you die broke, or live long enough for the popoti to actually make profit either through appreciation or rental. looking at the news and forum we know how it went down.
for guru and agents who teach you this method, they are like one night stand. they disappear after getting something from you. they have vested interest. and the way they make money is through you. so they would have told you the shit smells nice if you pay them (enough). you owe it to your own to look out for yourself.

people now really are too lazy to properly get to know something before diving in. everything want to be fast. can earn money ? ok onz. high return? bbb.looking at AW videos all i was thinking like "wtf so easy 給他爆(maxing the DSR)", projection all do nicely and all harping the same kind of noise dreaming ez money, who can actually guarantee property price to increase 100% in the next 5 years, and who will buy from you? got brain no use. blinded by greed per icemanfx, but also deserved to be waterfish cause they lazy.
well, ez money for the conman, or popoti gurus, no difference.
but then again, i might be biased. cause someone trying to one up me years ago and fighting bankruptcy now. can't really say i feel bad for him.

if so easy get rich there wont be people living on the streets d.

if so easy for property guru with their knowledge to earn money, they would be busy earning money instead of teaching you, unless you're the way they make money.

painful lesson for them. hope it guides others from repeating their mistake.

most of them do this because they could, not because they have to. and greedy

Cxxpxxsxxion okay censored.

#compress victim?

i was referring to the post. censor the word compression, but hashtag compress victim
but yes, and you become fishfood

This post has been edited by SongChiang: Aug 14 2020, 03:03 PM