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 Buying a house with RM200k, what is my minimum financial status

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xen0
post Jan 7 2009, 02:37 PM

ismi..alif..lam..ya..fa
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Senior Member
1,486 posts

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From: Cyberjaya/Kamunting


QUOTE(b00n @ Jan 6 2009, 12:03 PM)
Btw, it took me 4-5 years into my career before I can say I'm comfortable with my earnings to get a house (note the word house, not investment property).
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excuse me..what is the different between "to buy a house" and "investment property" ?

im noob..and really wanna know.. thanks
xen0
post Jan 7 2009, 02:55 PM

ismi..alif..lam..ya..fa
******
Senior Member
1,486 posts

Joined: Jun 2005
From: Cyberjaya/Kamunting


QUOTE(work_tgr @ Jan 7 2009, 02:45 PM)
I think, a house is a place to stay for your living and investment property is a place you bought for the purpose of earning money through resell with higher price or to let for the monthly rental.
*
oic..thanks.. smile.gif
xen0
post Jan 7 2009, 03:11 PM

ismi..alif..lam..ya..fa
******
Senior Member
1,486 posts

Joined: Jun 2005
From: Cyberjaya/Kamunting


QUOTE(b00n @ Jan 7 2009, 03:00 PM)
If you ask me, I will tell you that a house is a liability whereas if it's a property meant for investment; than it's a different story.
Like I always advise although some might disagree with me, never treat a "home" as an investment as eventually it's a failed investment. Than again, it's only my opinion.
*
can you explain more about that? unsure.gif

coz im just about to buy a house and rent it.

 

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