Here comes iceman the Lowyat king of negative

no need own 10 lar... just own 1 factory enough.. 1 can beat 10.

This post has been edited by HELLO HELLO: Jun 14 2018, 02:25 AM

starts early seems to better option still , even failed, yes ,at least u burnt and u learn, or u earn then u have more bullets to burnt , property investment never a short cycle, and the cycle repeats until the day the investor offloaded all the props and calculate the balance, keep the cycle going guys

Not at all, just been practical and realistic.

Property is illiquid, cycle could be longer than most expected.

Property investment with bank loan is highly leveraged, failure could mean highly indebted even bankruptcy.

This post has been edited by icemanfx: Jun 14 2018, 08:44 AM

Prop play is for long term as well as preserving the value against inflation la. U won't keep 2 days wan. Its unlike fun minizer using opm to hoot market or gamble in contra play la or short here long there wan. There is no rocket science in prop play. It's discipline tat counts.

im at the end of 80s... properties bought after the bull-run... for own stay and for renting out also have... i think its okay for now until there's a superb deal again.... haha

You got two wives? Haha
So indirectly you're paying for a total of 7 props then

Still living in Shah Alam bro? Haha

And mind sharing where are the properties that you're renting out?

Perhaps you should ask 90s babies, I believe 80s should have at least one prop for own stay. I have 3 (one for own stay and 2 for investment), but all these still serving bank interests.

yeap... partner working nearby there... and for me travel to PJ subang for work is not much diff from cheras to PJ subang...

rentals subsales properties mostly... haha... around cheras ones... new ones too overpriced for renting... unless those with super strong public transportation factor but the bad thing about new condo is the competition factor... nowadays more investors compete in a project than the old days where alot buy for own stay....

late 80s

2 resi props & 1 commie prop ( SOXO product)

1 own stay, other 2 rented out .. not manage to cover the installment.. market price increase but no taker.. this is reality..

whether regret not.. yes maybe, as for now, wont touch any prop until 1 of it manage to sell..

Believe many of 80's who intended to buy, have bought with low entry cost. Until oversupply is consumed, another boom is unlikely.

This post has been edited by icemanfx: Jun 14 2018, 10:57 AM

yes... major attracted by those zero entry and DIBS ...

then only realize the pain when upon handover..

94's baby here. Waiting for developer to get their permit approved, then I can finally apply loan for my first double storey corner house.

Distance wise is more or less the same. But traffics wise is heaven and hell haha

For condo yeah. Landed also can't even think of it anymore no matter subsales or new

traffic is actually better from my place now to PJ... u know cheras jam geh la... havent able to make it the highway... already lost almost 30 mins of my time in cheras alone during peak hours... and also the jam closer to my office....

subsales low density condo... those well maintain ones not bad for renting... and its cheaper for the tenants too... usually long term tenants...

new condos... have to play with short tenure tenants to increase the rental yield... abit tedious...

Congrats! May I know where is the location and the price of your future house?

Late 70..3sold, 1stay, 1reno, 1 rent out, 1undercon

actually bull run creates a situation where ppl buy in and Sellers become advantageous , so it's smart to get in after BBB waves gone, 2 of my units undercon sapu during bull run i sold off during the Peak 2014-early 2015 , those gain creates greed mentality only makes me look for more props to buy in afterwards and i sunk back into undercon props again, hopefully VP later market change better la

This post has been edited by Looi90: Jun 14 2018, 12:07 PM

yes correct... but i only gt money to join after the bull-run... hence my play now is on rental while wait for the chance to re-sell... i dont believe in undercon because undercon cant play with the value... subsales can play with the bank value vs seller pricing... and can also get full loan also... no need force myself to rent out at above rm2000 for a 3 rooms unit...