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How do u make money from property investment?
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TShackwire
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 May 4 2007, 04:13 PM, updated 19y ago
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How much can you really made from Investing a property?
I noticed some property that was purchased for RM 350K , a loan tenure of 30 years , RM 1800 per month to pay the banker + monthly maintenance does not justified the earning made from the monthly rental collected from the tenant which can be a minimum of RM 1200.
Eg. Loan payment = RM 1800 per month
maintenance Fee = Rm 150
Misc = RM 500 ( renovation cost, tax, repair,insurance etc)
Total = RM 2450 per month
rental fee (furnish): RM 1600
RM 2450 - RM 1600 = RM 850
Balance to top up some more is RM 850 .
This post has been edited by hackwire: May 4 2007, 04:14 PM
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TShackwire
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May 4 2007, 05:25 PM
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QUOTE(ashburn98 @ May 4 2007, 04:50 PM) Looks like the problem you listed is actually the rental belongs to your bank for 30 years. Theoretically speaking, why would you buy a property with the intention of renting if your research tells you you'll incur a negative cash flow? Normally, negative cash flow are cases that you are looking to flip the property. As adrianocy said, rent it for 2450 if possible. If not, sell it. I am not sure if there's a way to refinance the loan to longer duration, like say 50 years. Well, the rental rate was pretty much control by the market . New property were normally like that and it takes time . Im not talking about those property that is making money after so many years. Is there any property that worth looking into that will have a good rental income ? |
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TShackwire
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May 4 2007, 10:39 PM
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Well, all these new properties were really gearing for new materials and sophisticated design but i have a feeling that they don't have the Contingency plan or Future Plan to maintain this Succesful project.
I had personally seen some condos are running out of Cash Flow because a lot of owners can't afford to pay the maintenance fees. imagine those who are still paying and those who can't anymore.
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