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
Lady Early 30's earning RM15k + own 3 properties
Lady Early 30's earning RM15k + own 3 properties
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May 15 2025, 06:08 AM
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#1
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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 max_cavalera liked this post
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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 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.Hahahahahahah To me it's a pointless advice. Anything that doesn't make money just blame on wrong location, wrong stock. |
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May 15 2025, 08:37 AM
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#3
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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. 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.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. This post has been edited by Drian: May 15 2025, 09:50 AM |
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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. 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. max_cavalera liked this post
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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 This is called being generic. You make statements that are "high level" and non specific. 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 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 bill11 liked this post
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