AT the recent StarProperty.my Fair 2017 held at the Kuala Lumpur Convention Centre, speakers from different industries shared insights on topics related to property hotspots, investment strategies and Budget 2018.
Embracing the Evolution of Property Market, by Bricksmen Group cofounders Caleb Chin and Tony Yap
Bricksmen Group co-founders Caleb Chin
Investors should have a clear end-game in mind on what they want to achieve with their investment. A good investor's mindset is all about goals and plans.
The five fundamentals of good property assets are location, neighbours, project design, quality and booster.
When it comes to replenishing resources like money and financial capability for a property, it is critical to know the fundamental elements that give real value to your investment assets.
Study the fundamentals and you shall profit from them.
Meanwhile, the three stages of a property buyer are capital, quota and own stay.
Those who are new to property investment need capital. They should focus on gaining capital rather than rental yield returns. Quota means that seasoned investors are breaking the property investment code and have started to be creative in scaling their portfolios.
Own stay is a stage where the investment has already yielded a good return, and the dream house has been self-financed by previous investments. Just like Robert Kiyosaki’s concept of enjoying luxury, make sure it's not making your cash flow negative.
Bricksmen Group co-founders Tony Yap
