Recently I have attended some property investment talk that show me the power of LEVERAGE and HOW TO RETIRE as a MILLIONAIRE THROUGH PROPERTY.
So, I go and search for the Good Location property. But horrrr, most of the property very difficult to give you 8% return.
I am still struggling to justify the effort of finding a good rental property.
Some property that I saw:
1) Pangsapuri Kasturi Tiara
98 k 4th floor walk up apartment rent only RM 500.
2) Pangsapuri Sri Rakyat, Bukit Jalil
68 k 11 th floor, Rent RM 450 fulfil my 8% return but say tenant there not very good and parking problem. This one I have to calculate the risk.
3) Pangsapuri Waja, Taman Tun Perak
75k Ground floor rent only RM 380, out no 8%
4) Taman Impian Ehsan apartment
80k ground floor rent only RM 400, inside Taman Impian Ehsan quite notorious.
Anyone of the reader have any better suggestion or good place to buy for rental properties?
I have a few SLEEPLESS NIGHT.
I think of maybe I am more suitable for REIT and SHARE MARKET rather than physical property but I do let my option open.
Let us do some comparison about property investing and REIT investing.
|Real Estate Investment Trust|
Way of Investment
Dividend + Appreciation
Rental + Appreciation
Needed for maintenance
Lawyer fees, Middle man
10% for resident investor
Comparison of REIT and Property
Or latest REIT update:http://mreit.reitdata.com/