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 80s babies, have they started buying property?

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leodinouknow
post Jun 23 2018, 11:20 AM

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End of 89 here. Currently hand got 2medium cost property on loan but with positive cash flow. 2016 buy one, 2017 buy one more. 2018 still confusing should concentrate on property again since those both doing well.

Or go in stock market first. Got planning buy over small business to hold and flip too. Target is every year must do something big. Work in SG, so income to push should not big problem for me currently.

Why? Cause 2016 i saw the world of nothingness. Almost blind by cataract. Since then no more wanna live pay check to pay check cause only yourself can save yourself.
leodinouknow
post Jun 28 2018, 07:32 PM

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QUOTE(drewtong @ Jun 28 2018, 07:27 PM)
Huge turning point huh? Well done mate. Keep making each year count.
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Once you go in operation room, then you know everything is useless unless you survive. And to survive, first of all you need pay the operation cost.
leodinouknow
post Jun 28 2018, 07:35 PM

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QUOTE(Sand Dust @ Jun 28 2018, 08:00 PM)
Once one lost what he/she had (and taken for granted), then only one will appreciate.

May the force with you.
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Bo bian, still young ma... everyday only think of beer, girl, trip, without any saving or investment at all.
leodinouknow
post Jun 28 2018, 07:45 PM

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QUOTE(KazukiRae @ Jun 28 2018, 08:36 PM)
bro , why you have cataract in so young age  blink.gif
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Dont ask me, i ask 3specialist doctor to check my eye, all of them dont know why also. All recomend operation. Then here come the (salesman) i been offer 3k package, 5k package, 10k package
leodinouknow
post Jun 28 2018, 10:46 PM

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QUOTE(KazukiRae @ Jun 28 2018, 10:09 PM)
Yea , the inserted lenses also not cheap.

stay strong bro. at least you planned well now.  rclxms.gif
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Try push self to limit. I also dont know how i can afford the property at first😅 bank account less than $1000 dare go tell agent i want buy this
leodinouknow
post Jul 5 2018, 09:04 AM

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QUOTE(Smoothpow @ Jul 5 2018, 12:41 AM)
Any of you all with a few properties managed to rent out all of the property? Is it possible to just rely on rental to survive
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Nope bro. Even you play 100k property, yes it easily cover bank installment if you know how to do it properly. Cover installment and extra profit cash flow maybe $100-200. How you gonna survive without a job with that extra amount?

Dont calculate how many chicken you can have before the egg hatch. If suddenly tenant run, then you headache few month no rental. That the risk but worth it. Continue to work, continue to buy asset, til all your asset pay you more than your salary only quit the job and enjoy landlord life
leodinouknow
post Aug 30 2018, 05:17 PM

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whack 3rd property now... i think i found a good deal
leodinouknow
post Aug 30 2018, 06:11 PM

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i always chose supply more than demand area. not sure if all can stomach it as quite risky.

my rules is the property price is cheaper, and i just need do better than 50% from other owner to get the rental deal. no need to help me push price up, as im collector, not planning to flip biggrin.gif
leodinouknow
post Aug 31 2018, 09:24 PM

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QUOTE(HELLO HELLO @ Aug 31 2018, 12:04 AM)
Smart wor chose supply over demand. True true. Thumb of Rule in property. Only oversupply can get kao kao dirt cheap. Make sure squeeze Mati the owner to lowest price ever. Kudos.

Just macam many famous props guru also did that last time. Got 1 up and coming new young props guru, get his first property rm7k only on subsale market. Pandai slam down the price until owner pant drop.
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at least there have enough demand.

yes u invest in new area demand more than supply, confirm rent out with good price, but for how long? for me it more risky, more down payment, and easily get cut off from market by other owner

This post has been edited by leodinouknow: Aug 31 2018, 09:25 PM
leodinouknow
post Sep 1 2018, 11:41 PM

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QUOTE(woolei @ Aug 31 2018, 11:07 PM)
not "too" over supply lor..
like that cyberjaya, i see lelong until heart pain. even though i dont owe any house there.
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yameh? i thinking cyberjaya potential wo... mahathir favourite wawasan 2020 biggrin.gif if saw any good price i plan take there. maybe look and compare at lelong
leodinouknow
post Sep 2 2018, 02:34 PM

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QUOTE(Kicimiao66cc @ Aug 31 2018, 10:38 PM)
Early 80’s. 9 residential 2 commercial local properties and 2 residential in Melbourne. Sales and marketing industry.
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this brother so power..! thumb up and keep going
leodinouknow
post Sep 6 2018, 01:30 AM

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QUOTE(Kicimiao66cc @ Sep 6 2018, 12:47 AM)
All vped except 1 local residential complete next year. All under my name or joint. Proxy or LOU unit not count into the list.
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still power. hope i got half of your power biggrin.gif
leodinouknow
post Sep 6 2018, 10:24 AM

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QUOTE(Kicimiao66cc @ Sep 6 2018, 10:42 AM)
Yes you’ll. Keep move on.
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trying to break limit now. hard stage.

This post has been edited by leodinouknow: Sep 6 2018, 10:25 AM

 

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