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> Top 5 Tips for Newbie in Property Business, Sharing is Caring (Investment)

LoTek
post Feb 9 2019, 09:56 PM

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QUOTE(leodinouknow @ Feb 9 2019, 09:35 PM)
we want the benefit of owning the house only, but we dont want the house itself. let the bank have it.
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that's deep
kaifahalas
post Feb 10 2019, 12:09 AM

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“You must know your numbers. It's the only way to make it work , if you don't you'll get swallowed."
Bjorn1688
post Feb 10 2019, 12:10 AM

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QUOTE(LoTek @ Feb 9 2019, 05:38 PM)
hahaha lesson is there is always a bigger shark in the ocean. wah this story can be an idea for a jack neo film already
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QUOTE(leodinouknow @ Feb 9 2019, 08:39 PM)
shark getting bite by small fish
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More along the lines of a big shark did not properly check who he was dealing with.

He did not realize he had rented it to worked for one of those "underground" security companies and her boss had plenty of connections with the men in blue.
icemanfx
post Feb 10 2019, 04:51 AM

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QUOTE(leodinouknow @ Feb 9 2019, 09:35 PM)
we want the benefit of owning the house only, but we dont want the house itself. let the bank have it.
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Then you should rent as it doesn't has liability and cheaper than loan repayment.

This post has been edited by icemanfx: Feb 10 2019, 05:02 AM
leodinouknow
post Feb 10 2019, 06:16 AM

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QUOTE(LoTek @ Feb 9 2019, 10:56 PM)
that's deep
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solve it, then you getting a piece of the pie
leodinouknow
post Feb 10 2019, 06:19 AM

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QUOTE(icemanfx @ Feb 10 2019, 05:51 AM)
Then you should rent as it doesn't has liability and cheaper than loan repayment.
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rent having restrict on the house. example i cant do renovation on kitchen, partition extra room. if you cant add value to the house, how to increase rental?

your action only helping the owner pay his installment bank
icemanfx
post Feb 10 2019, 09:15 AM

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QUOTE(leodinouknow @ Feb 10 2019, 06:19 AM)
rent having restrict on the house. example i cant do renovation on kitchen, partition extra room. if you cant add value to the house, how to increase rental?

your action only helping the owner pay his installment bank
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As long as you promised to restore any alternation to original condition, most if not all landlord would approve, which is common practice in commercial.

Rental is cheaper than loan installment, why not for landlord to subsidize your enjoyment of benefits of the house?

This post has been edited by icemanfx: Feb 10 2019, 09:43 AM
leodinouknow
post Feb 10 2019, 10:32 AM

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QUOTE(icemanfx @ Feb 10 2019, 10:15 AM)
As long as you promised to restore any alternation to original condition, most if not all landlord would approve, which is common practice in commercial.

Rental is cheaper than loan installment, why not for landlord to subsidize your enjoyment of benefits of the house?
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anytime ca increase, landlord decided to sell the property, then who gonna bear the all the cost? rental is long term game, not easy money easy result
icemanfx
post Feb 10 2019, 10:37 AM

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QUOTE(leodinouknow @ Feb 10 2019, 10:32 AM)
anytime ca increase, landlord decided to sell the property, then who gonna bear the all the cost? rental is long term game, not easy money easy result
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There is option to sign long term lease.

Rental allow you to adapt to demographic change easier which owning is difficult. For reasons, many big name prefer to rent.

This post has been edited by icemanfx: Feb 10 2019, 11:29 AM
Lion Cut
post Feb 12 2019, 04:51 PM

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QUOTE(icemanfx @ Feb 10 2019, 04:51 AM)
Then you should rent as it doesn't has liability and cheaper than loan repayment.
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rent come with some restrictions
my rent also higher than loan repayment sweat.gif

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