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SHOULD I START MY INVESTING IN RENTAL PROPERTIES

1/13/2017

1 Comment

 
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With the little money I had, the first question on my mind before is: "Should I invest my hard earned money on rental properties"? Here are some actual examples that I used as basis of my decision not to do it at this stage. 



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Obviously, the very slow Return On Investment (ROI) is my main concern.
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​A more creative approach to rental property is what I saw my neighbor did. He carefully planned for an 8 door apartment, loaned the 90% of the total cost to the bank, and shoulder the remaining 10% balance. See table below:
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​Result:
He didn't have to wait for 10 years to ROI, didn't shell out too much money (just the 10%d.p), collects all the rent, pay a portion to the bank, and yet still earn a moderate monthly passive income of 19K and end up owning the property.

​A pretty good deal.


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1 Comment
Home Recording Pro link
11/12/2018 01:44:55 pm

If only I had your writing ability I look forward to more updates and will be returning.

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