How to buy 10 properties for price of 1

[Scoots]

Aiyo... so simple.

 

Sell your landed here in Sg

Buy 10 in Malaysia- Kulim.

 

 

Oh yeah....GOOD LUCK

 

[Dafansu]

went before, anyway it's free for the talk, after that sign up with their 2 to 4 days seminar and they will teach you more. The talk is just a brief of what to expect. No harm going down to listen.

[Shadowdad]

The point about making money is te one selling the education service. One carrot head $1000 per head to attend training, 20 is s$20000. Do this 10 times, you take in s200,000. You buy pay for downpayment for one property. Then you start again to get more carrot head, tell them how you make money with no money down. Etc. Who is the one making money? The solution does work, just who is teh carrot head sponsoring the no money down property purchase :)

[Djim]

basically boils down to the following: participant - greed and lazy, course provider - greed, so both deserve each other

[Latio2005A]

Read some papers that day about buying far-flung foreign properties. The essence I recalled is if the property is of any good, why come half the world around and sell here? Wouldn't locals snap them up before they even reach here. I couldn't help but agree with this.

 

As for this scheme of "owning 10" for the price of "one", there is no gain without risk. Over leveraging, the outcome is likely to be: cham, damn cham when the market turns the other way round.

[1fast1]

  On 6/9/2013 at 1:05 AM, Latio2005A said:

Read some papers that day about buying far-flung foreign properties. The essence I recalled is if the property is of any good, why come half the world around and sell here? Wouldn't locals snap them up before they even reach here. I couldn't help but agree with this.

 

That one is a little less clear-cut. The locals may not be able to afford the really good properties in their own country, whereas cash-rich Singaporeans may be better able to snap them up.

 

Ironically, we're facing a mirror situation in our own country. So while our middle-class are screwing the middle and lower classes in an ang moh country by buying up their property, their upper-class is screwing our middle-class by buying up our GCBs and high class condos. But the simple fact of the matter is that Sg is already overcrowded and at bursting point, and there's seemingly no end to the influx. Our screwing is like the gentlest foreplay, while their's is like Bubba prison-shafting us up with ass without lube.

Edited June 9, 2013 by Turboflat4

[Djim]

owning 10" for the price of "one is this misleading, is it like telling people, buy 10 cars for the price of one, does it make sense or is it just plain misleading

[Wind30]

  On 6/9/2013 at 1:05 AM, Latio2005A said:

Read some papers that day about buying far-flung foreign properties. The essence I recalled is if the property is of any good, why come half the world around and sell here? Wouldn't locals snap them up before they even reach here. I couldn't help but agree with this.

 

I guess it is a matter of how bad it is compared to local property....

 

Singapore property is very expensive so ...

[Staff69]

vested interest

[Subutai]

Buy 1 then loan out then use the repayment and buy another... Etc?

[Anshng]

  On 6/8/2013 at 4:03 PM, Icedbs said:

It can be done, it's legal .....I know how, but I won't advocate it.

 

Pple who do this believe that property can only go up. If it ever turns down like 1997, these people will get themselves into a lot of trouble.

 

But of course, if the timng is right, these pple can be extremely rich.

 

Too high risk IMO and you need to know the market very well.

 

 

i want to know too!pls pm me

[Atonchia]

  On 6/9/2013 at 1:05 AM, Latio2005A said:

Read some papers that day about buying far-flung foreign properties. The essence I recalled is if the property is of any good, why come half the world around and sell here? Wouldn't locals snap them up before they even reach here. I couldn't help but agree with this.

 

As for this scheme of "owning 10" for the price of "one", there is no gain without risk. Over leveraging, the outcome is likely to be: cham, damn cham when the market turns the other way round.

 

When you create something to sell, you would find buyers who can afford to buy it as fast as possible. So the business will have less financial risk and more cash flow. So it makes sense to find buyers everywhere, also good to inject $ from elsewhere into the local economy. However, the spillover effect will be inflated prices.

[Throttle2]

Yawn.......

 

有 比 交 新 的 吗？

 

 

 

 

 

Ps.

Excuse my C6 chinese.

[Celicar]

  On 6/9/2013 at 5:26 AM, Throttle2 said:

Yawn.......

 

有 比 交 新 的 吗？

 

 

 

 

 

Ps.

Excuse my C6 chinese.

Indeed. One wrong word in only six.

 

[Hydrocarbon]

  On 6/9/2013 at 12:05 AM, Dafansu said:

went before, anyway it's free for the talk, after that sign up with their 2 to 4 days seminar and they will teach you more. The talk is just a brief of what to expect. No harm going down to listen.

 

I went for one of the free talks too. All they mentioned was how they've helped other students make money / how much money was made / market conditions and a some motivational talk. The free talks which they called a seminar is basically there to hype you up to part with your money. Nothing much in the way of actual information was made.

 

Anyway, some of what they said, sounds similar to Robert Kiyosaki's Rich Dad Poor Dad and his other books. So if you want to save money and yet make money, either go borrow his books from library or just learn from some of this forum's members. I remember a thread on renting out homes and stuff.

[Galantspeedz]

Foreigners not easy to buy gcb or landed... condos yes

[Throttle2]

  On 6/9/2013 at 6:32 AM, Celicar said:

Indeed. One wrong word in only six.

 

 

Not bad right?

 

[Throttle2]

  On 6/9/2013 at 6:55 AM, Hydrocarbon said:

I went for one of the free talks too. All they mentioned was how they've helped other students make money / how much money was made / market conditions and a some motivational talk. The free talks which they called a seminar is basically there to hype you up to part with your money. Nothing much in the way of actual information was made.

 

Anyway, some of what they said, sounds similar to Robert Kiyosaki's Rich Dad Poor Dad and his other books. So if you want to save money and yet make money, either go borrow his books from library or just learn from some of this forum's members. I remember a thread on renting out homes and stuff.

 

This may offend but i am no stranger to offending people for the sake of truth.

 

People who attend such seminars with the belief that the speaker is someone who can bring them riches are of generally the same intellect and "quality" as the same people who join Sunshine empire and CHC for those same reasons. ie. LOW.