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 80s babies, have they started buying property?

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kirakun
post Jun 20 2018, 09:17 AM

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Bought 1st house at the age of 29, 2nd house at the age of 34. 80s birdie here.

This post has been edited by kirakun: Jun 20 2018, 09:20 AM
aaron1717
post Jun 20 2018, 09:22 AM

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QUOTE(hoimangkuk @ Jun 20 2018, 09:01 AM)
what for?

better collect all the money and when Im older, just bought a cheap house cash somewhere outside city to retire with extra money...
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just saving money but not investing wont get u a comfortable life when u are old with kids... unless u plan to retire just with your partner or alone... then it will be enough... haha... remember... the money u saved devalue faster than you thought... haha
aaron1717
post Jun 20 2018, 09:23 AM

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QUOTE(AntiScam @ Jun 20 2018, 09:17 AM)
I am the 4k guy. can you please guide me on joining the game?
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follow faizul ridzuan... he will guide you.... laugh.gif laugh.gif

i am not qualified to guide anyone as i'm mostly self study with my own financial knowledge....
aspartame
post Jun 20 2018, 09:45 AM

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QUOTE(GangHo @ Jun 20 2018, 08:46 AM)
disorder induced through perception on the generally gloomy environment received via social media. not his own experience going thru the difficulties.
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A.k.a "sold too early bang balls" STEBB syndrome.
hoimangkuk
post Jun 20 2018, 09:46 AM

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QUOTE(aaron1717 @ Jun 20 2018, 09:22 AM)
just saving money but not investing wont get u a comfortable life when u are old with kids... unless u plan to retire just with your partner or alone... then it will be enough... haha... remember... the money u saved devalue faster than you thought... haha
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ya ya... forgot to mention investing...

investing to other source return better value compare to properties...

in properties too much hidden cost (maintenance, bad tenant, house tax, insurance, oversupply)
anz87
post Jun 20 2018, 09:48 AM

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already own 5 properties before 30 years old,
start buy since 25 years old,
some already flipped/sold
87 baby

This post has been edited by anz87: Jun 20 2018, 09:49 AM
TSGangHo
post Jun 20 2018, 09:56 AM

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QUOTE(anz87 @ Jun 20 2018, 10:48 AM)
already own 5 properties before 30 years old,
start buy since 25 years old,
some already flipped/sold
87 baby
*
those start early end up buying more. when u start to buy the first, you will be more discipline in your spending. at first, house cannot be rented, then it is rented you find you are in better position already, then come your bonus and increment. and you realise you can look for second house already.
aspartame
post Jun 20 2018, 09:56 AM

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QUOTE(anz87 @ Jun 20 2018, 09:48 AM)
already own 5 properties before 30 years old,
start buy since 25 years old,
some already flipped/sold
87 baby
*
First purchase in 2013 still managed to flip ah?
aaron1717
post Jun 20 2018, 10:09 AM

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QUOTE(aspartame @ Jun 20 2018, 09:56 AM)
First purchase in 2013 still managed to flip ah?
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2013 just the tail-end of the bull-run... means still got alot more buyers can be con for flipping... laugh.gif laugh.gif now... no one can let u con anymore...
aaron1717
post Jun 20 2018, 10:11 AM

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QUOTE(GangHo @ Jun 20 2018, 09:56 AM)
those start early end up buying more. when u start to buy the first, you will be more discipline in your spending. at first, house cannot be rented, then it is rented you find you are in better position already, then come your bonus and increment. and you realise you can look for second house already.
*
yeah... like what i mentioned before... a office working lady... income 5k per month only... but already having 10 properties under her name over the 5 years... 8 properties have to be bought using 70% LTV only... imagine how much cash she have from her investments....
ManutdGiggs
post Jun 20 2018, 10:13 AM

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QUOTE(aaron1717 @ Jun 20 2018, 10:09 AM)
2013 just the tail-end of the bull-run... means still got alot more buyers can be con for flipping...  laugh.gif  laugh.gif now... no one can let u con anymore...
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Jialat liao. I just got conned into a subsales. 😭😭😭
aaron1717
post Jun 20 2018, 10:17 AM

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QUOTE(ManutdGiggs @ Jun 20 2018, 10:13 AM)
Jialat liao. I just got conned into a subsales. 😭😭😭
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if got good rental income or appreciation... consider kena con ka? laugh.gif laugh.gif
aspartame
post Jun 20 2018, 10:17 AM

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QUOTE(aaron1717 @ Jun 20 2018, 10:11 AM)
yeah... like what i mentioned before... a office working lady... income 5k per month only... but already having 10 properties under her name over the 5 years... 8 properties have to be bought using 70% LTV only... imagine how much cash she have from her investments....
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She started buying first prop when oh? So geng chau one?
ManutdGiggs
post Jun 20 2018, 10:18 AM

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QUOTE(aaron1717 @ Jun 20 2018, 10:17 AM)
if got good rental income or appreciation... consider kena con ka?  laugh.gif  laugh.gif
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Just signed. Got rental onot I really dunno la. But it's below launching price 😬😬😬
aspartame
post Jun 20 2018, 10:19 AM

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QUOTE(ManutdGiggs @ Jun 20 2018, 10:13 AM)
Jialat liao. I just got conned into a subsales. 😭😭😭
*
Cheh...bought cheap stuff some more say people con you.. biggrin.gif
aspartame
post Jun 20 2018, 10:21 AM

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QUOTE(ManutdGiggs @ Jun 20 2018, 10:18 AM)
Just signed. Got rental onot I really dunno la. But it's below launching price 😬😬😬
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Eh boss, where oh? Maybe I can get conned also?
ManutdGiggs
post Jun 20 2018, 10:24 AM

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QUOTE(aspartame @ Jun 20 2018, 10:19 AM)
Cheh...bought cheap stuff some more say people con you.. biggrin.gif
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QUOTE(aspartame @ Jun 20 2018, 10:21 AM)
Eh boss, where oh? Maybe I can get conned also?
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Madam icy says buy now = kantoi ma. It's understood tat I sure kantoi cos I bot now 😭😭😭

Boss onli 1 unit nia la. Owner kind enuf ma. Kenot review openly wan. Nanti he no facey le. 🙊🙊🙊
NyOx
post Jun 20 2018, 10:26 AM

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QUOTE(anz87 @ Jun 20 2018, 10:48 AM)
already own 5 properties before 30 years old,
start buy since 25 years old,
some already flipped/sold
87 baby
*
wow inspired. good job!!
aspartame
post Jun 20 2018, 10:26 AM

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QUOTE(ManutdGiggs @ Jun 20 2018, 10:24 AM)
Madam icy says buy now = kantoi ma. It's understood tat I sure kantoi cos I bot now 😭😭😭

Boss onli 1 unit nia la. Owner kind enuf ma. Kenot review openly wan. Nanti he no facey le. 🙊🙊🙊
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Ohh...u die..u never wait until blood is knee deep tongue.gif
aaron1717
post Jun 20 2018, 10:34 AM

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QUOTE(aspartame @ Jun 20 2018, 10:17 AM)
She started buying first prop when oh? So geng chau one?
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based on her portfolio calculation to date... should be from 2013 ba... 2 properties per year... so 5 years required to build to 10 currently...

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