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 Fear of buying house

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gundamsp01
post Nov 10 2020, 07:25 PM

gunpla procrastinator
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i am more worry about i do not have my own roof when i retire with no active income source.

That's why i have 1 now.
gundamsp01
post Nov 15 2020, 04:45 PM

gunpla procrastinator
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QUOTE(kkkw80 @ Nov 10 2020, 06:40 PM)
This is what we call life, life is never guarantee or certain. Heck you could be even die of heart attack tonight.

So glad I bought my 1st property at age 21, sold then another at 29 year old, sold and just bought my 3rd last year. Total profit from the  1st 2 properties is RM600k.
*
just wondering how you handle the period during your sell - buy transition?
you buy a new house, move in first while waiting your old house to be sold?
Or the other way around?
gundamsp01
post Nov 16 2020, 10:25 AM

gunpla procrastinator
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Joined: Oct 2009
QUOTE(kkkw80 @ Nov 16 2020, 09:37 AM)
Buy new then sell old. Use some of the profit for reno and keep the rest.

In property, you'll see the money when you're able to afford your 2nd property and assuming you buy low and sell high
*
seems like all your properties are in hot-demand area, since can find buyer in a short time. laugh.gif

 

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