Not exactly sure what is Marko (and/or something) property investment programme but I was quite disturbed to see frequent Youtube advertisment of it popping out telling me the story from this crying woman. Basically, a woman broke down into tears saying that thanks to Marko (and/or something), she finally managed to move out of her public HDB flat and got to stay in a private condominium as well as to escape the "rat race". Is living in a HDB flat so horrible for her that she broke down into tears just recapping it? Or was it tears of joy from earning lots of money from this property investment programme and now finally flushed with money to buy a private condominium?
From the advertisement, there is another 22 years old man that says thanks to this programme, he managed to own 2 properties "at such a young age". I think it is better to be modest than to boost about owning multiple properties. I seriously do not think this young man can own 2 properties at such a young age (unless he is really born with a silver spoon in one's mouth). Simple common sense indicates that he must have borrowed tons of money from a bank to finance his properties. Whether the 22 years old man owns 2 properties or the bank is the de facto owners the properties is only a figure of speech. If the marco-economic conditions meltdown totally and banker came to seize his property for a forced auction at the worst possible time, this young man will be in financial ruin and working as a rat (as aforesaid mentioned by the crying woman) in the rat race for the rest of his life paying off millions in bank loans.
Who dare wins?
I reckon that this Marko (and/or something) investment programme is something similar to the well known iQuadrant teaching people to use leverage to purchase multiple industrial properties. The eventual realised return can go up to 30%-40% per annum if everything goes smoothly in finding undervalued industrial properties for rental out and letting tenants help you pay for the properties while awaiting capital appreciation. Well, high risk high return. Obviously, there are people who have made tons of money from employing such strategies taught by the gurus from these properties investment programmes
Parting Thoughts:
Who dare wins is what I believed in. However, I do disagree with the downplaying of leverage to such an extensive extent on industrial properties to portray them as manageable low risk.
hey
ReplyDeletehere's The hardscape landscaping Services in Singapore
ReplyDeletehardscape landscaping
Here's a research i did on garden landscape design,hardscape contractors and landscape management and designs services in singapore. i found a Best Company They Provide garden landscape design Custom Garden Design Buit From Scrach a lot of cool and classic stuff's like designer water features they Have huge nursery where you can rent or Buy Plans For outdoor and indoor you Must Check Their Website - chenwa.com.sg
to get more - https://chenwa.com.sg/products-services/
Perfect time to hire a property manager?
ReplyDeleteDenver Property Management
company experts guide you to understand the best time and protocols with which you can learn to hire the property manager for your properties.
to get more - https://www.integrityrm.net/denver-property-management/