Below is an article first published in my book No B.S. Guide to Property Investment – Dirty Truths and Profitable Secrets To Building Wealth Through Properties. After I sold one of my properties exclusively by my property agent, another agent who used to lease that property for me learned about it and said, "What? Only $xxx,xxx? I could have easily sold thirty to fifty … [Read more...]
Fishing at the bottom
(Below is an article extracted from my book No B.S. Guide to Property Investment – Dirty Truths and Profitable Secrets To Building Wealth Through Properties) A friend of mine is puzzled why I keep warning others to beware of buying overpriced properties in an overheated market. “Didn’t you make your bucks from people who bought recklessly at the last peak of the market?” … [Read more...]
Dealing with repairs in rental properties
I parked my car outside the house. A neighbor accidentally kissed it and damaged the license plate. It was replaced after a week so I drove it to an 8 a.m. meeting on Monday. Unfortunately, I was stuck in the highway for an hour. When I reached the carpark, the agitated vehicle was already complaining with strange noises. It waited till I was on the way back that it finally … [Read more...]
The common traits of banks
If you understand something about banks, you may notice that they have a few common traits: 1. When you least think of them, they contact you most (with cold calls). 2. When you don’t want to see them, they want to reach you (to collect outstanding loan). 3. When you need them the least, they want to lend you the most. 4. When you need them the most, they want to lend you … [Read more...]
Top 5 gimmicks of new launch (part II)
Besides gathering a crowd there and creating the urgency to buy, there are other marketing gimmicks you may find familiar at a new launch. Gimmick 3: Make some noise To draw the attention of potential buyers, media coverage is a better alternative than advertising. It sounds more convincing and also helps to save the budget to buy airtime. The public relations department … [Read more...]