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 Lady Early 30's earning RM15k + own 3 properties

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Drian
post May 15 2025, 06:08 AM

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This lherng making a lot of assumptions that property prices can go up to cover interest rates and exoenses.

This post has been edited by Drian: May 15 2025, 06:11 AM
Drian
post May 15 2025, 08:35 AM

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QUOTE(teckyuan @ May 15 2025, 08:17 AM)
'Can invest property but only in good location, u lose money bcs u location not good  ' advice from guru to anyone who attended his class..so this is student problem not guru problem
Hahahahahahah
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They always say this statement , so that they can never be wrong. Same thing for if you get good stocks , you'll always earn money.

To me it's a pointless advice. Anything that doesn't make money just blame on wrong location, wrong stock.





Drian
post May 15 2025, 08:37 AM

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QUOTE(max_cavalera @ May 15 2025, 07:42 AM)
I got a real life story of my ex senior back in 2004-2006.

He bought Ridzuan Condo at Sunway Mentari area for rm270k.

You go look prop website how much that condo is being sold for subsale. Exactly the same price he bought from developer 20 years ago.
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That one really your senior fault. 90-95% of properties in klang valley , at 2004/2006 would have made money , but your senior had to be in the 5% population.

This post has been edited by Drian: May 15 2025, 09:50 AM
Drian
post May 15 2025, 08:42 AM

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QUOTE(party @ May 15 2025, 07:51 AM)
He was almost bankrupt then success due to property. U tink he wont all in property? Its classic gambler syndrome.
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He needs to create hype and exaggerate property returns because he is in that business itself both as a property investment influencer and property investor.




Drian
post May 16 2025, 09:13 AM

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QUOTE(focusrite @ May 15 2025, 01:02 PM)
He is very strategic in what info he shares and how he shares it
He'll always say if know where to look can find those properties with positive rental ROI

However, he doesn't calculate wear and tear, maintenance fees, and even assessment taxes when calculating his ROI. I'm sure he does for his own use, but when he shares his ROI publicly, he never does
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This is called being generic. You make statements that are "high level" and non specific.
He cannot offer you specifics , or else if it doesn't turn out well , his prediction will be proven wrong black and white.


QUOTE
He'll always say if know where to look can find those properties with positive rental ROI

It's the same with any investment vehicle.

If you choose a good company, the shares will go up big time .
If the company has good management, the shares will go up big time.

To me statements like this has really no value.

For eg:-

If I bought Nvidia 10 years ago .

QUOTE
Scenario 1 Nvidia share price dropped 90% by 2025:-

See I told you to choose a good company with good management, Nvidia is obviously a bad company with bad management , that's why you lost money


QUOTE
Scenario 2 Nvidia share price increased by 500% by 2025:-

See I told you when you choose a good company with good management, your shares will fly.


Notice if you use a generic high level statement, he can show that he is right regardless of the outcome.

This post has been edited by Drian: May 16 2025, 09:15 AM

 

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