Article by Michael Tan
This week, let’s talk about property investment fundamentals to use as a benchmark to get your properties the smart way!
If you have already sold all your properties, or don’t have properties to sell yet, then buy with caution. Invest into fundamentals, never on speculations. There are still other deals in the market. With your ears on the ground, keep your feet firmly planted while looking for properties. Keep a firm eye on the prices.
To know how to invest into fundamentals and to achieve Financial Freedom through Property Investment, click here http://www.nmd.aboutpropertyinvestment.com
The best reference is always the rental market. If you are going to buy property for investment purposes, you will need to either rent it out or sell. Selling prices are closely related to the rental prices as well, therefore, you always need to ask yourself “Who is going to rent your property and at what price?” Find out what the rental rates are like. With the exception of houses, a good benchmark for all residential investment grade properties is about 6% (or more) rental returns.
I share this formula in my seminars. It’s easy to use and to calculate. In fact many property investors benchmark their property worthiness based on this formula:
If a property cannot achieve such returns, i.e. the selling price is too high as compared to prevailing rental rates; it is definitely not a good idea to buy.
Let’s go back to the fundamentals. Besides rental returns, look out for the take-up rate of the properties in the surrounding areas and ask yourself, “Does it take too long for the tenants to fill up the space? Is there more demand or more supply of space in that area?” Also, who is your target market? Is it a growing or the numbers dwindling?
Good questions aren’t they?
So, I’m going to make you a deal.
I’m going to give you this one time to find out how you can get your properties with no money down and still make lots of money from it! I’m going to allow you to participate in a session where everybody chips in their input on today’s property market and it’s effect on property investments. And I’m also going to get you involved in a simulated activity just so that you can quickly grasp the property investment scenario.
Now, people usually have to pay the retail price of RM197/pax just to get all these, BUT, I will give you this deal: You get all these learning for only RM47!
On top of this, I will also calculate with you on your property portfolio. From there, you can work backwards to formulate your investment strategies; i.e. which property market should you tap into first?
Event details are as follow:
Talk on PROPERTY BUBBLE in Malaysia 2011
Date : August 13 (Sat)
Time : 1pm – 6pm
Location : Vistana Hotel
For apartment-penang.com reader : RM47/pax only (Normal Retail Price: RM197/pax)
To register, click here http://www.nmd.aboutpropertyinvestment.com
In the meantime, regardless of whether you are busy selling or busy buying, start getting busy. The worst thing you could do right now is to freeze. Many are either sitting it out or just plain afraid to get into the market. These are probably the same people whom do not invest in the worst of times too. My question is, if in the good times, you do not invest, and in the bad times, you do not invest, then when do you?
Bring up any questions you have about property investment this Saturday, and talk to me. I will share with you what I know, as I have always.
Looking forward to seeing you this Saturday!
Cheers and happy investing!
Freemen is an organization which has been training investors since 2008 to benefit from any market, investing in over RM30Million worth of properties, ALL with no money down! Property coach, Michael Tan, a.k.a the Millionaire Maker will be giving a talk this coming Saturday, 13th of Aug in Vistana Hotel, Penang entitled “How to achieve your financial freedom in 5 years of less” from 12:30pm till 6pm. Book early as we will be expecting a full house.
*SPECIAL OFFER: 1st 37 people to register in for this event will get a FREE Property Report 2011 worth RM137. Special price at RM 47/pax only
So hurry, learn from the guru and take action now to register here http://www.nmd.aboutpropertyinvestment.com as seats are limited
Fundamentals to Property Investing
Article by Michael Tan