investment property: during the height of the OnG recession, a bumi was selling his nonbumi student accommodation unit at more than 100k lower than market also due to bad condition of unit and bad number (to chinese). he already had a buyer but that guy was kiamsiap and negotiating the last drop of blood (agent said he lowball for at least 5-10k lower).

i heard about it and straight away wrote the cheque, take picture and sent to agent and insisted to view and pass him cheque that same day.

before formalities complete, alr negotiate with owner to take key early for a few extra k to rush reno right away. no regrets, unit has had 0 downtime since i started, about 7<% yield.

This post has been edited by LoTek: May 9 2019, 05:21 PM