I was attended Dr. Peter Yee free property investment seminar on 25 July 2009 (Saturday) organized by Malaysia iProperty for their 5th iProperty.com EXPO – Luxury Collection 09 at Kuala Lumpur Convention Centre.
Dr. Peter Yee, the author of best selling ‘How to Become Rich in Property’ is one of our Malaysia Property Expert, no doubt! His humor presentation style has caught a lot of attention from audiences. Big clabs and laughs from audiences proved they are enjoying his sharing in the seminar.
Dr. Peter Yee has shared two topics in the property seminar as:-
- ‘How to Leverage & Benefit from the Property Downturn’
- ‘What You Need to Consider before Buying Your First Property’
Both of the topics are focusing on property investment strategy in a volatile market and essentials in real estate, respectively.
There are few points kept repeated and emphasized by Dr. Peter Yee during the seminar where I would like to share it with you too as below:
- Location of Property
- Reputable Property Developer
- Always Make More Money from Rental Property; Never Keep Property Vacant
- Buy or Sell Property during Economics Bad or Good Times
It’s just too important to purchase a property built on a right location, especially property in hot spot location. It doesn’t matter even though the property in bad condition (even better, because we could have better bargain power to negotiate for a better price)
Risk must be minimized by choosing reputable developer for new launch or under construction project
Property Investors must rent out property in shortest time to pay for home loan installment without using own money. Ensures positive cash flow for both of property portfolio and overall personal financial portfolio
Economics Crisis: Buy more good properties below market price
Economics Good Times: Keep good property with good rental income; sell not so good property to increase quota to get new home loan from banks to buy better property in hot spot location
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Hi Horlic, is interest paid on investment properties in Malaysia tax deductible?