There are two questions I often get from my blog readers and workshop participants. “You said you only buy an investment property if the yield is 5 percent after expenses. I have gone for many flat viewings but can't find anything that fits that requirement. Most only offer 1 to 2 percent. Some are even negative. Do you think it is still realistic to look for 5 percent these … [Read more...]
Thank you for crossing the 1,000 mark with me
As I am writing this post, the Property Soul youtube channel has reached 1,024 subscribers and a total of 54,563 views. They are very humble figures. But I am very happy because I know you are one of the subscribers of my youtube channel. Thank you very much for your support! For the last six months, lots of time and efforts were spent making the videos - not for making … [Read more...]
The 7 kinds of property investor animals
I totally enjoy the new property workshop on Finding and Managing Residential Rental Properties held last Sunday at the National Library. The participants were seated in cluster groups to facilitate interactions and discussions. We started by introducing ourselves to everyone and identified our property investing style with different animals. In general, there are seven … [Read more...]
When home ownership is a religion
Our Prime Minister said home ownership is Singapore’s key national policy. A high home ownership rate of 90 percent has improved the lives of Singaporeans significantly. It allows us to enjoy the fruit of the country’s economic growth. It also gives us a stake in the country and something to fight for. Did our leader have to emphasize this if all Singaporeans can see … [Read more...]
Why you need to be contrarians in property investment
In the preface of No B.S. Guide to Property Investment, I mentioned the reason why I wrote the book. I bought my first few properties in the early and mid-2000s during the economic downturn. Back then, there was not much public interest or media coverage of properties. I couldn’t find any good book on buying properties in Singapore. I thought it would be useful if I could … [Read more...]