Last Saturday, I decided to try out Sevi, a new property tool newly launched by StreetSine Technology Group . It would be good to know whether it is useful for a first-time buyer or an ordinary property investor. For your information, Sevi (Search, Evaluate, Valuation, and Initiate transactions) is an AI (Artificial Intelligence) chatbot that answers property questions from … [Read more...]
Should I buy or rent?
A friend recently moved from one rented home to another. The family of four is still staying in a condominium in the east side of Singapore, but this time a better one - it is newer, bigger, and asking for lower rent too. According to the latest SRX Rental Market Flash Report, rents for non-landed private rentals in October 2015 has fallen 5.7 percent from a year ago. … [Read more...]
Inside out with condo for rent
I was exhausted after coming back from a week long business trip. So when the kids wanted to watch the movie Inside Out on a Saturday morning, I was most willing to take them to the cinema - I could enjoy a 2-hour nap in my seat! The story of Inside Out develops around a 11-year-old girl Riley whose five core emotions - Joy, Sadness, Disgust, Fear, and Anger – are housed in … [Read more...]
Learning to be a smarter landlord
I had my first tenant since 2002. For more than five years, I was renting out four condominium units at the same time. Over the years, like any multiple-property landlord, I signed tenancy agreements with dozens of tenants on both company and individual leases. I had tenants who were Japanese, Koreans, Europeans, Americans, Indians and Singaporeans. Similarly, I encountered … [Read more...]
7 tactics to maximize the return of your investment property
(This article is extracted from my book No B.S. Guide to Property Investment, a bestseller at Kinokuniya and Times bookstores.) As an investor, you have two major objectives when you are holding your property: 1. To generate an optimal return from your investment; and 2. To increase its value to be sold at a good profit in the future. To achieve that, you have to maximize … [Read more...]