Sunday, July 8, 2012

Anything is possible, but don't loose sight of the big picture!

There are good deals and bad deals in the property market (and in life).

The trick is, to always focus on the long term goal instead of bargaining for the last RM5,000 or RM10,000 savings and loose the opportunity to buy a very good property. If you've done your due diligence, done your research right, where the rental income, future appreciation meets what your target, just go ahead!

Chances are, you shall earn more from what you're trying to save today in the long run instead of letting others steal away this deal. If it is for your own stay, you might not come across one that is as matching to your requirements. There will not be a 100% matching property. This is not heaven. If it is tolerable, or can be fixed with a small sum of money, just do it! 

It's better than to regret later that you miss this super opportunity to get something really good or something you really liked. If it is a good deal, there is very high chances that someone else are eying at the very same property and they will grab the deal without hesitating. It happened to me previously where I wanted to get a corner 2 storey terrace and I missed it just by "that" much. :( It is now selling at 3x the price. Oh blimey...

You shall be surprised how many rich people are out there. I've known customers with > 80 properties, some that buys a whole stretch of 8 bungalows (~RM3,000,000 each), and etc. They're already rich enough. Don't let them get all the good deals by doing your part!

Focus on the big picture! Buying property is about the big picture. There is no single best property. Just get the good ones, and move on to buy another good property! You shall be proud of the portfolio you built in the future instead of sulking that you could not get the BEST property for the rest of your life!

Remember this -

Time and tide wait for no men.

No comments:

Post a Comment