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Thread: WTF, 23 Properties by 30?

  1. #1
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    Default WTF, 23 Properties by 30?

    Faizul Ridzuan knows how to invest. And he makes it look easy. This regular employee turned RM2,000 seed capital into a multi-million property portfolio in just 5 years, with 23 properties purchased to date. In this book, he tells how he does this, with vivid details based from his very own experience.

    http://wtf23propertiesby30.com/

    They are blessed with cheap property price. Work few years, can consider buying houses.
    http://forum.lowyat.net/topic/1665843

  2. #2
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    Steady lah.

  3. #3
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    Ask him to try doing it in Singapore

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    Mayb try another qn: what do u think is the max no. of properties a 30-yr old can own in SG? Any real life examples?


    Quote Originally Posted by sherlock
    Ask him to try doing it in Singapore
    if you dont't own any property, you're short. take cover quickly

  5. #5
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    Malaysia boleh

    but I rather own a handful of gems than a huge pile of stones

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    Quote Originally Posted by carbuncle
    Malaysia boleh

    but I rather own a handful of gems than a huge pile of stones
    ha ha ha ... exactly, quality counts .... in Malaysia 5% downpayment can liao to get a piece of junk
    Ride at your own risk !!!

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    Quote Originally Posted by auroraborealis
    Mayb try another qn: what do u think is the max no. of properties a 30-yr old can own in SG? Any real life examples?
    I know of someone who has 2 PC when she was 30. Pretty good for that age in my opinion. This is from her own $$... not inherited or supported by parents etc

  8. #8
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    Quote Originally Posted by sherlock
    I know of someone who has 2 PC when she was 30. Pretty good for that age in my opinion. This is from her own $$... not inherited or supported by parents etc
    That is pretty good! Salute!

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    isn't that lagunas girl

  10. #10
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    Is that guy playing monopoly?

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    We must give some credit to the guy. considering he is earning msia salary.

    we should not judge based on our singapore salary. so if put ourselves in their shoes, i dont think most of us can be like him. so not bad lah.

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    Quote Originally Posted by carbuncle
    isn't that lagunas girl
    laguna girl not counted lah, she got a huge safety net. when u got a huge safety net, investment is just a number game.

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    <-- wtfstillnopropertyby30


    my ebook will be ready in 2013
    I took the road less traveled by, and that has made all the difference. - Robert Frost quotes (American poet, 1874-1963)

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    Quote Originally Posted by roly8
    <-- wtfstillnopropertyby30


    my ebook will be ready in 2013
    the sequel...WTHnopropertyby40

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    Malaysia properties only need 5k downpayment. What so tough?

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    Quote Originally Posted by Adva181
    Malaysia properties only need 5k downpayment. What so tough?
    U really think is so easy?

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    Quote Originally Posted by bakasa2002
    Is that guy playing monopoly?
    Quite common for normal property investors(those working on a normal salary) in USA, Australia to have multiple properties in the range of 10 to 20.

    Only in singapore and hk where 1 or 2 properties are the norm.

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    Quote Originally Posted by focus
    Quite common for normal property investors(those working on a normal salary) in USA, Australia to have multiple properties in the range of 10 to 20.

    Only in singapore and hk where 1 or 2 properties are the norm.
    How come 10 or 20 yrs ago when properties are relatively cheap, it is not common for people to have 10 properties?

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    Quote Originally Posted by leesg123
    How come 10 or 20 yrs ago when properties are relatively cheap, it is not common for people to have 10 properties?
    I have no answer for those 10-20yrs ago.
    But what I read is normal folks on a normal salary can own multiple houses in australia/US because of the aggressive lending by the banks ,often 90% or more LTV.

    Unless your point is referring to the guts demonstrated by investors who invest in multiple properteis?

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    Quote Originally Posted by leesg123
    How come 10 or 20 yrs ago when properties are relatively cheap, it is not common for people to have 10 properties?
    If only I know How to invest in property, I would have buy 4 unit of Southbank with 100 K SGD instead of 100K SGD for one unit than I would have 8 unit of PC today.

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    Quote Originally Posted by leesg123
    We must give some credit to the guy. considering he is earning msia salary.

    we should not judge based on our singapore salary. so if put ourselves in their shoes, i dont think most of us can be like him. so not bad lah.
    In Malaysia you can borrow 110% of the property.

    Land in Johor, you can buy and sell to yourself and make money.

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    Quote Originally Posted by Arcachon
    If only I know How to invest in property, I would have buy 4 unit of Southbank with 100 K SGD instead of 100K SGD for one unit than I would have 8 unit of PC today.
    Which is why we got to give some credit to this guy who started out young. Apparently hos uni lecturer teaches them personal finance and share about property investment. Wish mine shared the same thing last time.

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    Don't share too much about my girl, else will end up big trouble with her.

    I listened to this guy from KL, I think, around late 20+, owns 14 properties, mainly very small units or share with others.

    In Malaysia, all these are possible with M$5000-M$10,000 downpayment. The developer will jerk up the selling price for the purpose of application for bank loans.

    I have so many friends here own >10 properties in Malaysia, all the same. So, in other words...AVOID. all these are called superb weak buyers

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    noted laguna on ur ginna

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    Quote Originally Posted by Laguna
    Don't share too much about my girl, else will end up big trouble with her.
    good move.
    you can pm me and we can talk more about her also can


    Quote Originally Posted by Laguna

    I listened to this guy from KL, I think, around late 20+, owns 14 properties, mainly very small units or share with others.

    In Malaysia, all these are possible with M$5000-M$10,000 downpayment. The developer will jerk up the selling price for the purpose of application for bank loans.

    I have so many friends here own >10 properties in Malaysia, all the same. So, in other words...AVOID. all these are called superb weak buyers

    thx for sharing.
    I took the road less traveled by, and that has made all the difference. - Robert Frost quotes (American poet, 1874-1963)

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    Quote Originally Posted by roly8
    good move.
    you can pm me and we can talk more about her also can
    well, what do u want to know about my girl?
    u PM me the Q

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    super jh on the hunt again.... relentless

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    Quote Originally Posted by Laguna
    well, what do u want to know about my girl?
    u PM me the Q
    Laguna u forgot to introduce us

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    Quote Originally Posted by Laguna
    well, what do u want to know about my girl?
    u PM me the Q


    I took the road less traveled by, and that has made all the difference. - Robert Frost quotes (American poet, 1874-1963)

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    Quote Originally Posted by carbuncle
    super jh on the hunt again.... relentless
    A lot of buayas here

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