Hi.. just checking if anybody come across or knows which development property/area selling no more than RM500K.... and is able to fetch more than RM3K rental monthly?

appreciate if can share info..

This post has been edited by evo5555: May 2 2018, 01:49 AM

pm me too if you found, u can resell me for 550k nvm, let u earn that 50k extra lol

Appreciate it if you can count me in too.. those priced 300k and below with rental above 2k looks great to me too.. let me know if you found any，2% not an issue...

where got so big frog jumping around...

you do know price of property and rental are correlated right?

When fd interest rate is over 6% p.a

This post has been edited by icemanfx: May 2 2018, 08:42 AM

3k can pay 500k prop loan already

My great grandfather got one but he is not selling.

Correlated to be constantly below the monthly installment rate since 2013, lol.

I am sure there is.

For eg a relative he want to exit his investment after hold his condo for 10 years (migrate to another country), and sell to his favourite nephew for half current market price.

But you won't find such deal asking in lowyat forum. hahaha!!

Try to find a smaller unit selling below 300k rental 1500 first. Maybe can find.

as i wrote in another thread, sustainability is an issue as well.

Give u example. today you buy a unit 500k rental 6%. That doesn't mean next year or the years ahead, you get the same yield. meaning, somehow u managed to find 500k property with tenancy 3k.. doesn't mean next year u get back the same. maybe first tenant u just got lucky. and especailly since u know Maresia style, if your condo rental good, suddenly next 5 years you find another 3000 units being built next to your condo!!

And don't forget to factor in vacancy.

Rental yield 6% but waited 3 months for tenant every renewal, your yield is actually lower by 25%.

this...

If find any please PM me...

Might try your luck on 3-4 units of low cost flat within walking distance to LRT..

if long term rent. 600k also i dont mind. ill give u 100k if really have 3k rent. PM me

This post has been edited by godhand: May 2 2018, 11:14 AM

Logically speaking if someone is willing to fork out 3k rental per month, I'm quite sure that person might as well buy a new property instead of renting ...

Hahaha..
Rental for 3k per month??
Better buy own house better....
At least, after 20years. Its your owned....

Anyhow..

Better buy some low cost flat.. Few units, and rent it out.. More profit 💪

Got huge demand for it...

This is a more logical approach

i think it's easier you buy 3 units of units RM150k that's leased at RM1k each.

I buying a 440K single terrace house with 4 room~
Max rental I can get is only RM1000 per month for my area~