Let's Talk About Making Money Today~

ahem~!

yes you're on my blog.

yes i am sharing about making money on this post.

credits to the commercial property investment Guru's Mr "I Forgot Who" (my bad.. aiks!) from Genesis Jewels Sdn Bhd, i attended his free seminar yesterday at Park Royal Hotel.











According to Mr IFW,

There are generally 2 types of commercial properties. One is "Abang", the other is "Adik". Abangs are the ones that cater to fast moving traffics, on the main roads with fantastic accessibility and visibility, which are the commercial properties Mr IFW proposes we spot and invest at the RIGHT TIMING! Whereas Adiks are the ones that cater to local community, self sustaining, good for modest rental returns but not for the million dollar makers.

Well according to Mr IFW, if you can't tell if it is an Abang or an Adik, then it must be a Kakak, and DON'T invest in a Kakak!

Property investment people often say it's all about Location, Location and Location!

But Mr IFW underscores Location and TIMING!

Quoting on what he said was the usual comment from younger generations, "my dad or mum really had foresight when they invested in THE property.."

Yea you could easily invest in a suburb property and the prices are definitely going to rise in the future but not the near future, probably the rewards are meant for your next generation.

I remember he mentioned a couple of bad properties for example Bukit Beruntung and Sungai Buaya. Beware and do your homework before you invest. DON'T invest because you FEEL it's gonna be right. CHECK your facts and COUNTER CHECK again to make sure your investment is sure to rip you profits within the time frame you set out for!

His rules:
#1: Don't invest in what you see, invest in WHAT YOU KNOW! By the time you see well planned infrastructures and facilities, you are already paying the PREMIUM price, how else can you make money???

#2: ACT FIRST! Think later. (Applies to his financing rule. When you know something is for sure making money for you, what do you do? Take it first and think of the financing later. He believed if you want something badly enough, hereby the profits you know you're going to rip, you will find a way to pay for the down payments.)

#3: Buy 3, Sell 2, Keep 1! Hence the magic money making ratio of 3:2:1. With capital appreciation of 40% each as his target.

#4: Buy ALL if you believe it can fetch your target! Do not diversify because when you diversify your portfolio of property investment, you make your returns average too instead of incredible. His belief, if you're so good at something, you just keep doing it and magnifying its returns! Don't waste time and effort on something that is not as good.

#5: Buy only Phase 1 to 3 if there is 5 phases. Leverage on the BIG BOYS' risks! Then your risk becomes low. By hook or by crook, the big boys will have to make it work out! Why? Because they have few more projects coming up! How can they let the first few fail??? Simple logic right? ^.^

Okay speaking of the homework to do.

First of all Mr IFW does not invest based on instinct and does not follow the general investors who overanalyze and think about whether the prices of the commercial properties are overpriced.

Mr IFW buys commercial properties not based on their current market value or price BUT the price he believes they will fetch in the near future! His rule, Abangs fetch conservatively 40% return on capital in 2 years time! It's a trend and it has never failed him in the past 5 years! (Disclaimer: this rule does not apply to residential properties and especially not to luxury condominiums which are currently oversupplied and underdemanded. It is only for commercial properties of shop lots as per his research and study trends.)

Speaking of Mr IFW's homework, he studies into the Develop Orders handed in to government and ministries to confirm the proposed psf prices and the values of the proposed neighboring properties before he judges if his investments can fetch 40% capital appreciation in 2 years time. The concept is simple, if tomorrow your neighbors come up with properties selling at RM600k per unit leasehold, while yours is RM400k freehold etc, can you conservatively say your properties will fetch RM450 or 500k in 2 years time?? Same happens when the prominent developers come into the neighborhoods, when skyscraper building offices started to build their hoardings and foundations. When supermarts and hypermarts come to town! Check out the trends. These are the civilisation builders! Or you can simply call the Money Inducers!

Location and Timing.

Location and Timing.

Location and Timing.

People,

As for my version. It comes also with an additional criteria, Your Finances! Your Idle Money! Or Your Idle Capital!

If today you have RM100k idling in your bank account, by all means invest it!

But what if you don't? Drooling at people making money and cry baby??

According to Mr IFW, he would go for the deal, ACT FIRST and THINK LATER. He believes as a businessman, his role is to make the deals and think one step ahead for the next deal while he will employ Lawyers and Accountants to figure out how to finance for his ventures.

Are you a businessman as inspiring, as risk-taking, or as influential as him???

If you can conduct presentations and SELL YOUR DREAMS or SELL YOUR CONCEPTS as EFFECTIVE as he can, you can make that kind of money! That's what we call TALENT. Sadly i don't have the capital and am not that huge a risk taker haha~. So long as i still am aware of my options, values and dignity, i stand tall working hard for the dreams i believe in. BUILD A WORLD BETTER FOR ALL TO LIVE IN, NARROW THE GAPS BETWEEN THE RICH AND THE POOR, HELP OTHERS DISCOVER THEIR TRUE POTENTIAL.

For all of you money makers out there, all the best and i hope you can make a decent good fortune following the tips i learned from Mr IFW and please do not do it at the expense of others. Look at how expensive our properties nowadays are.. the poors can never afford to get even anywhere close to these properties meant for "humans".