ASKING SEAN  

Most of the property investors in Malaysia lose money once you factor in the hidden costs, It's a lot of hassle, Installments are usually higher than rental if you buy with 80-90% loan, and the pandemic made the situation worse. But if you're buying for own stay, by all means go ahead and purchase a property if you can afford it.

I think the main + point for property investment is that you actually get to borrow money for it, the impact of leverage, for 30% its a x3.3 multiplier, for 90% its a x9 multiplier to your returns. (all for the cost of loan interest, roughly 3% now) A very simplified way of calculation of an average property (numbers can be tweaked below according to what you find). 5% = rental returns (considered good in KL) add 5% = capital gains (avg capital gain for Msian properties - again, varies alot here) less 3% loan interest x 3.3 (70% loan leverage) = thats almost 23.1% annual RR on your initial capital (obviously need to deduct all other costs (reno, fees), including selling costs (agent comm etc) - but easily can expect 15% ARR after deduction?) - this is comparable to like a well performing mutual fund over the long run The pros is that you dont need alot of upfront capital to get a good dollar return - but when you have more money, its hard to search for so much good deals to scale up..

Have you done a video about the risks of property investment lately? I have been a long time follower of this channel (which I enjoy a lot) and I noticed as the channel grew and perhaps mirroring your own investment strategy the channel has been talking bullishly lately about the opportunities and positives, would be good to hear the negatives as well. For example, what are the key risks? How much of a risk is rising interest, and how would that affect different types of investors? Is there a limit to the number of properties one should aim for, or the more the better without any limit? Is bankruptcy a risk, and to what extent we should be worry about this? What are the strategies to mitigate the risks? Would be great if you can share your knowledge and experience on these topics.

Super agree on the equity building part over the course of 30 years. Great video again.

I know this sounds like "gurus" who are promoting infinite return (on 0 dollar down deals) - but my point is that leverage is really a powerful tool (just make sure you can afford to pay the instalment in worst case scenario that property rental returns cant cover)

Spread the loan tenure long enough and choose a good property with reasonable rental, then one can cover the instalment easily. But the total cash used for the purchase will increase when loan tenure is extended although your cashflow looks better. If tenure kept to minimum without severely deteriorates the cashflow, it will be better for longer term from total nett cash generated perspective.

Hello Sean, really appreciate the property videos and your insights so far. I would like to ask if you would be doing a review on Damansara Seresta soon? Currently looking at the development due to its reputation and also near completion. Thank you

Hi very good breakdown of property. One thing though, "stock" market also have ppl who go in to invest (10,20,30 yrs) for capital gains, and speculators. I believe those that lose money in the markets are more of speculators, they go in then panic and sell when something happens. Of course, like u mentioned, reading of finance reports, studying the company's business is crucial. I feel this part is the "hard work", but really not as hard as the work needed to study property, managing it. Just my 2 cents, I not expert :) And I love ur point by point answering of the questions, really appreciate the work recording, editing and ensuring proper lighting and audio, and of cos the sharing of your views, experience. Cheers and heres to a Huat Dragon year

the correct answer is you make money by doing the thing you love the most. if you hate property but love stock market you will find success in stock market. if you love property but hate stock market you will find success in property. never ever try to find success in things that you hate.

Well obviously I have no business playing these games because I don't know the rules 😂 but I guess one has to start somewhere. Great videos! Binged watched quite a few of your videos over the weekend. Thought it would be another "guru"-type cult channel but videos turned out to be very reasonable, clearly articulated caveats (underrated!), more recent videos also well-edited and well-shot. Great content!

Hi Sean, do you know any good places or people where we can go to ask advice or evaluation on the property that we planned to buy? Don't mind if there are some fees as long as we can get valuable feedback. Since this is a big and long investment. Appreciate any feedbacks.

Bro i got the request, can you reviewthe Gamuda Gardens properties? The facilities & the unit's itself. Please. Thanks!

i invest in most, even unit trust, but took all out to buy a property. will soon go back in after renting it out. stocks, abit into epf and gold, abit in most things. definitely not into crypto tho, tried it, not my cup of tea.

When there’s a bunch of property guru suddenly come out of no where selling courses driving lambo ask you to buy property, it’s time to exit the market. You don want to buy at the top, same with crypto and stock trading.

What's the name of the rental agency you use

As older condo ages and worsen in condition, and there are always new condo, wouldn't that affect the rental and also appreciation? Or do we exit at certain maturity point?

Yay, another episode from my favorite channel! Watching now while stuck in jam.

Hi, could you give us connection with bulk purchase company.

where is a good location to buy right now in KL? which area will be balance in terms of psf price and location is in demand ?

Yo Sean, really enjoy your videos, please make some videos about luxury watch as well😂

commercial vs residential property

Can i propose a topic for the next #ASKING SEAN segment? Can you talk about the proposed RESIDENTIAL TENANCIES ACT by KPKT. About its proposal and how it can protect tenants/landlords and if you can point out any implication in the future when it was to be approved

this is very very helpful thank you so much Sean shi fu🥰 Edit: i'm blank paper in property, trying hard to learn, all these time have no proper guidance. already age 32 😭

Hi Sean, is it really possible to raise rents after each tenancy? Given it’s a renters market now?

dear shifu. how much a three bedder could rent near chan sow lin

Would you recommend to gain "access deals" by following people/gurus like Dato Michael Tan?

Buy properties is easy... Difficult to sell. Very troublesome get in out compare to share market. Just Click click to buy and sell then after few days money is back to your wallet. Government can not get slice of your $. If property.... Need to pay stamp duty, capital gain tax. More u trade properties more government get your $. Government is sure win. U may or may not win.

Thank you Sean! It does gives me a lot of different perspective to consider in doing property investment! Terry ◡̈

Is malaysia a good place for fix and flip?

But then again when you liquidate crypto, will the banks actually ask you where the money comes from?

Thanks Sean

How’s luxury watches market now?

Dulu can. Now.....challenging.

Is that a daytona on the wrist?!?

The Malaysian rental market is sh**. The rental income barely covers mortgage, on top of that, you have expenses like property tax, land tax, property insurance and maintenance cost. So your return is literally negative. The problem is because the property prices are outrageously high for majority of Malaysians evident in the rental market prices(which is low n sometimes doesn’t even cover mortgage). Can’t even begin to talk about how to profit from property investing in Malaysia. Negative cash flow and hard to sell.

how do you think which area of malaysia property is most value opputunity to invest？

How much rm u should have in emergency funds just in case anything happens?

Luxury watch and crypto are horrible hold of value and highly speculative. You want to hedge , buy singapore blue chip . Solid .