Property investment 1

Its been a while since i updated my blog

Today,i would like to talk about this person,

Robert Kiyosaki

The main author of "Rich Dad, Poor Dad"

I guess that most of you went through this

book before

But what did you learn from this book?

I read this book since i was primary school before

But for me,it was just a story of two different dad teaching the son

Two different way to control your money

And way to success

Today i went through a property course in Damansara Perdana there

Our speaker of the day is Mr.Clement

An Investors that owns 10++ property on his hand

Robert kiyosaki,the main author of Rich dad and Poor dad

ESBI cashflow chart

Basically from what i learn today,Employee and self employee are categorized in one group

while big business and investor are categorized in another group

The major cashflow is the cash of ES is flow to BI

Why i say so,Employee and self employee are work for money

For investor and big business they let money work for them

They will live below your means

Means that they create opportunity for people to work for them

Too many information for me to written out today

So if you want to know more,just read through that book

So which one you decided to become in your future life?

Think about it

Now.i will go into the main topic,Property investment

The Troika Condominium

Firstly,i will talk about the condominium nowadays

The Troika Condominium around KLCC area,jalan binjai there

They are selling RM1400-Rm1700 per square feet

So,for a 2347 square feet,it was like 3million plus to purchase the condominium

You will think that,wtf?a condominium need to pay for few million

This is what we call property investment

To invest a property

Four thing we need to care of it

1. Condo management

2.Location

3. Resident base

4.Rental

Why shall we say that,its like a table with four legs

Without one,the table would be collapse

1st of all,condo management

Would you purchase a condo,which is bad condition,the lift would failure,

dirty environment,security is bad and no facilities

Condominium with this kind of condition,will the house price up?

2ndly,its about location

Why Troika is so expensive

Its located in a city area

The employment rate is high and you would be complaining

So freaking jam and a lot of xxx there

But still if you have to work there,you still have to go there

Besides that,mostly those Troika condo,Dua residency and Binjai

They are renting for those foreigners worker

so they have to work at city area,and their company pay for the rent

So,whats your ideal location in your mind?

3rdly,its about resident base

For example,do you want your condominium full of foreign labours

Sorry,not offending and no racists here,it just a common question

Do you want your resident is those white collar category

Or you want that there will still got resident making noise in 12am

Or your toilet bowl of your condo suddenly lost

Or you want your resident are those high educated foreigners

4th,what i want to say is rental

The house you stay is not your assets

You have to pay for it every month,it takes money from your pocket

So,its not your assets,its your liabilities

Assets are those houses you invest for and bring you positive passive income

Thats your assets

Just a briefly example,i bought a condominium for 600k in damansara perdana there

So,the mof i can loan is 90 percent for the 1st house for 30 years

My 1st down payment 60k

And i have to pay a monthly repayment 3448 for the bank

So,plus all together the maintenance fee,what is the price shall i loan out?

below the price for the montly repayment or above

Some of you all will be think,aiya,i will loan for 3200 and pay for 200

Theres no thing such as free in this world

But if you think like that

Just cancel your deal and cut it off

To earn a cashflow and not capital gain

Its said by robert kiyosaki because he is applying the same concept

Capital gain is like a gamble

You are waiting the house price to raise

You cannot predict the market

How if economic crisis comes

Firstly get a positive basic cash flow

This is a basic way

Use others money

To feed your house

Dont say cannot,a lot of people applying now

And why they can do it?

And why not you?

Property investment is an expensive game

You want to win it,make some research

From what Mr.Clement said

In this 2012,economic bubble is coming

So,dont ever buy 1st launching condo and high end condo

Aim for 2nd hand condo

Why?remember the 4 things i want you guys to take care of

Think of it,if economic crisis came

Those big companies will do what?

First thing,cut costs

When cut costs,those high salary worker will they still rent your condo?

They will go for those cheaper and middle end condo.

Secondly,new launching condo,a new launching condo

How can you know the resident base,rental,location and the condo management?

So,do you all understand what i am trying to tell you?

Most important,not only do research,go to look at the property by yourself

How?

You can just drink a coffee in the clubhouse of the condo

By that,you can see what is the resident there

Secondly,come in night, look how many lights are lighten up there

You can know how was the population of resident there

it just a small opinion from those property agent that i know it today

I think this is all for now

Next time i will post about those auction property from which i learn today

Its like what i said

Property is an expensive game

So you cannot simply buy a property for investment

Make research

You buy wrong a property

You can stay inside

You buy wrong the second one

You can call your aunty to stay inside

How if the 3rd,4th,and 5th onwards

Easiest solution bankcrupt

Or maybe you are rich enough

just a hole inside your pocket

Time to do my assignment

Hope you guys enjoy this blogposts

Sorry if i provide any wrong information

Just give me a comment and learn together ok

Byee!

Have a nice day!

j

Japan Trip on CNY

2012 Chinese New Year, went to Japan with my family AGAIN

But,this time is different,this is the second time we go since last year

We are more experienced in spending and also finding places to eat and visit.

Compare to the previous trip last year, Osaka and Koyto is cheaper than tokyo

But then, its also more tiring because those adult keep visiting those temple

Oops,forgotten i am 21 this year,but still

"Mum and Dad, i am still young to visit this old places"

So,let those pictures tells you the story :)

Night View of Osakka Marine Park

Dolphin from Marine Park,the awesome creature that i found that

its the cutest among all those sea creatures.

Yi Lan Ramen, the best ramen i had in my life,I had tried it last year in Tokyo,

Fortunately,i found this in Osaka, its very very NICE!Highly Recomended!

Although its quite costly for a bowl of noodle, its like nearly 2000 yen per bowl,

Rm 80 something,but still its worth to try if you go japan, they have their branches all over japan!

Picture with all cousin in Universal Studio

Luckily we booked this earlier,at least we wont suffered for the 6 hour journey

Trying to act cute in the Bullet train

The Rokuon-Ji Temple, the whole temple is made of gold

Can you imagine how much money they used to build this up?

I forget whats this place again, this temple is located in some mountain which they called it 岚山

5th uncle son,sometimes he is cute but sometime omg,7 of us cannot gao dim him

Can you imagine how naughty he is?

Disturbing my mum with dirty jokes while waiting for the train

Barbeque Beef with Beer in winter is the best combination.

Dad with me :)

4 of us :)

Me, Sis and Dad

My family :)

Burberry Blue label and Black label, its a MUST shopping spot for everyone who visiting japan

You will ask me,what is the difference between the normal Burberry and this one

For your information, this two type Burberry can only found in japan,so its quite unique and the price is damn cheap!But the way,i am planning to get a belt from the black label,black label is for men while blue label is for woman, too bad i got no size for it,FML, so i just stick to the old plan and get a stupid belt, i swear by myself,

Next time if i visited japan again i gonna get one of the products!Besides that,H and M, Zara and Gap outlet there are having sales all the time and the price are really reasonable,No doubt, Japan is a shopping paradise,just make sure you bring enough cash with you,and of course,i am officially broke when i back Malaysia!

Look at the queue before we entering the Yi lan ramen,for Japan,2000 yen is seriously just a small amount for them,and to eat the best ramen in japan, i will say, "Worth it!"

I had forgotten the english name for this temple, in chinese, its 清水寺，There was a story for this temple,long ago, there are three well in this temple and the people believes that each of the well got its own meaning,its like wealth,health and wisdom,so they drink it,and of course we drink it too,results is,i had diarrhea when i back hotel, so god, i sacrifice a lot,so please bless me ok.

Universal Studio Osaka during Nin chor yat and of course Happy Chinese New Year to everyone

Last but not least,i think that Japan is a nice place for you guys to visit

I dont mind to visit there for the next year Chinese New Year

But aunt them told us that next year we might be visiting European Country

I miss you Japan, i will come to you again in future i guess

When i got the ability to work and earn money by myself

Next trip for this year would be Taiwan with mummy

Hope you guys had an enjoyable moment reading my blog

Pay a visit to Japan

But make sure

You bring enough of cash

Because you will gone crazy

When you saw all those branded stores there!

Have a nice day,my friends!

战斗

就这样，情人节又过了

还是要努力

奋斗和找女朋友

上天真的很公平的

好心有好报

好报

我等你啊

Did you all still remember 3 years ago when we 1st met?

Does this picture sounds familiar to all of you? :))

Raymond choo

You changed a lot,from a LALA to topshop to Fred Perry,next is gucci ok

Take good care of yourself,stop food poisoning anymore,study hard ok

You can do it and you would never failed in your finals even you said you would!

Remember last time we resit business maths and econs together?

Remember last time,u go to meet jess in the restaurant and take a lovely family potrait?

After that,you car crash in front of sri kl,such a big impact for your life huh?hahahahha

I have faith on you,you will success in future

Keep on your hard work

Dont worry,we wont spend any single valentine in future anymore!

Its a promise ok!karlok!xiao lele

Hi charmaine,i am glad that you found a new one

This is the third one,if i am not mistaken since i know you

I hope this would be a last one for you,hahahaha.

You will always be the bad character in our gang

Telling us those truth and everything,will confront to the wrong side

even u know u will be hated by them,Always,you are always a good listener

And a best friend for us,miss you,remember our fries session and supper session?

Yung,seriously i got nothing to talk to you,i still see-ing you every week!

WTH right!haha,but still i hope that you can sell more car and become the top salesman ok

Do you still remember how we become brother,from barney and you chase xxx

Thanks for everything last time,drive me all around when i dont have a license

I know our friendship remains forever,because a dog will always follow his master,hehehehe!

Ron Low, become more lengzai already

Still as rich as last time,hahahaha,just joking

Recently,i had changed quite a lot,become more materialistic and many things

I admit those,i have to but i am still ban peng

I am still the ban peng who will drop his tears easily

Such a long time i never smile so happily

Until i write this blog,finally i found the old me

Loh hey king,definitely my best brother

What to say about you?Hmm,still as handsome as always

As dog as always,take good care of yourself in UK ok?

Too many memories between us, i just saying out the most interesting one ok?

Remember last time we go had our lunch at madam joyce,behind tbs

And suddenly i step on a dog shit and i dont admit,even cass emily charmaine keep complaining?

You followed me to the toilet,and i asked you,"bro,smell on my shoes,see isit from my shoes?"

You are seriously the only bro i can found in this world,you really go smell it and told me

Ya,its very smelly,hen chou,when i washed my shoes,i tell u to smell it again

And you told me,still got a bit,wash again!

HAHAHAHAHA,so how can i ever forget about you?

Emily Keh Seow Ping,i still very close to you

So i got nothing to talk to you,hahahaha

Got what i also told you already right?

But then still,when i open back this old album

I found back a lot of your old picture in tbf

Still,honest speaking,you are more prettier last time

Look younger,thinner and fairer

Now also not bad la,older and more mature

Just want to ignite some old memories

Remember last time,you will always call me in the morning

Because we all always overslept and late for classes

And remember when you was single last time

Pangkor, Redang, Penang

Me and Cass look after you ok!

Remember last time,your result is always no.1 in class

Still sorry for what i had done wrong in this few years

Hope you will happy always

Trust your choice,the road is yours

You will find the key to success yourself

All the best to you!

Cass Kiu,Hou pak dong

If my foundation life without you,one word can describe it

Totally meaningless

Do you still remember last time,when u seperate with xxx

You cried everyday,every second every moment!

Remember last time in FOHFOH gang,i throw a grass on you and shout COCKCROACH!

And you shout like nobody cares and everyone was looking at you!

Remember last time mostly every day we spend time with each other

When i was emo,you will be there

Seriously cass,i miss you.

Nowadays,people different already,

MISS UNIVERSE wei

Seriously,all of us were proud of you

And we believe that you will achieve a higher accomplishment in future

All the best to you

Last but not least

Did you all still remember all of these moments?

Forgive me,such a long time i never emo already

Just suddenly look at all of these pictures

I miss you all guys

3 years ago,we are best friends,soulmates

Now,the picture is still there

But many things had changed

Many conflicts,approaching uni,some are leaving,some are working

New friend and new life

All of us have our own life

Maybe one day in future

We will forget each other

Or maybe we are not friends anymore

Just please sometime

Look at the old pic,think of the old times

Because i think that all of these memories cannot be forgotten

When you are lost someday

Look at all of these picture

Those memories,got happy got sad

But most important is

We spend it together

After you watched this blog post

We have to start our own life again

There are too many things that i want to talk to you all

But still

Take care my friend

I believe in someday

We all will meet again

Because i always know that

The bond between us will never change

Take care

All the best to you all in future!

Miss you all

Thanks for giving me such a good memories in 2009/2010

Our foundation life

This will be kept deeply inside our memories

I always believe that!

Bye

Meet again someday!

From:

Ban peng

Sorry for the broken english,because you know la,i am a future CEO,i no need to type all of these,all of these is my secretary job,hahahahah!Take care!

For other readers that went through my blog

Did you all still remember your last time?

Your friend and those beautiful memories?

You wont forget it,it just hide deeply in your heart

Just you havent realised,its like a photo keep inside a cupboard for a few year

One day you take it out, look at it,and feel it

When that days come,if you still can find back those friend,just find it

Dont keep any regret between you,and also your friend

Cherish your friendship everyone

Because,it last forever...

Happy 2012 Chinese New Year in Advanced

There are few good news to share with you all

First and foremost, i had passed all my subjects!

One more sem and if i success to maintain my CGPA 2.5

UWE, I WILL COME TO YOU VERY SOON

One of my resolution in 2012

Secondly,i am heading to japan 8 more days on CNY!

Today,i also get my Real Madrid home kit!

And also dye my hair into brownish color by

a LOT10 hair stylist for only RM35

(Sister high school friend,so it would be cheaper :P)

读回yenyen的blog

看回2010，2011

也是我刚跟yenyen认识的时候

发现到

以前种种的回忆

今年我们都21了

我才发现好久没emo了

人有时还要emo的

证明人生还有冲动！

但是emo过头

那可也是不好的

最近在Mx too

设计了Mx Too 的company profile

同时我帮roncato sdn.bhd 写的stingray故事也被采用了

我看多一个月我就可以share给大家看了

此外，我也负责了公司的tele-marketing

打给了很多MLM 公司

Amway，Elken，foreverliving 和其他

都被拒绝了

不要紧，我越挫越勇

像Ah koh gorgor 说的

训练你的厚脸皮和口才

此外，昨天我也陪他见了第一个顾客

Jordone Sdn.Bhd

He use not more than 10 minutes

谈妥了，一千条belt

He told me

You have to learn the way to communicate with others

Use your networking nicely

那个公司真的很气派

看来我要学的东西真的很多

道理呢

不讲了

做还是实在一点

因为

当你可以把失望变成习惯时

没什么是达不到的

有点困了

晚安

我的华语还没退步嘛！

哈哈哈

Good luck everyone!

Guess that i wont be blogging for a while

So Happy Chinese New Year in advanced!

祝大家今年行运一条龙

My resolution for 2012

First blog post for 2012

This will my resolution and wishes for 2012!

1.At least learn something(successfully get a business for Mx Too by myself,i dont care how much i earn actually just want to gain my first blood or 第一桶金)

2. Pass all my subject in 2012 exam of Help and maintaining 2.5 in my CGPA

to go UWE in this year!

3. Basically reading those land and property book(forced by mum), and will be

attending courses and seminar of land and property on 7th and maybe more in future,

Hope that i can be my mum strategist and at least earn some commission from her

since i still dont have any money to invest on those property right now*evil smile*

4. Go for at least three country in this year, Japan(confirmed), Taiwan (confirmed),

Chinna and Hong kong(i think i can go whenever i want since mum

going there for more than 5 times per year)

The last one still yet to be confirm,i think i shall be choosing those European Country

If my pocket money allows me to do so, Australia(Grandma is going soon

and asking me to accompany her,so the percentage is damn high,Sydney i guess!)

5. Lastly,this would be my love life,i think i already have everything in my life

and i even have more than others in my age so i am appreciate everything and i glad to be

Low Ban Peng, so basically, i still havent give up for searching my special one but i believe

that."God,you wont be so cruel right?" hahaha,still, what can i do is just wait

This is not really important compare to the others because I think as a man,

Its your duty to be success 1st,no money,no life,no woman

顺其自然吧

Last but not least,i think its still early to think about you want to get rich in future

or you want to become a boss or owns a bursa company,but everything starts with a dream

and a ACTION!So this will be my first action for this year,let see which resolution i had achieve in the end of this year!God bless you all too my friend!hope everyone got a successful 2012!

Thats all,time to sleep now,goodnight!Still need to wake up early for my return to

Mx Too after my long holiday,time to work hard for a better future!

God bless you all!

All my friends!

Bye 2011

If we need to say hi to someone when you meet him/her

Then we also need a goodbye for an ending

Finally 2011 is going to end soon

How to describe this year?

Or i shall said its a happening year for me again

But compare to 2010

I think i shall say that it is better

At least,i am not so emo compared to the previous me

New year,new hope and new people to meet

In conclusion

Our life is same with a chess game

Your choice is in your hand

But thats your game

You might take a wrong step

But doesnt mean that you had lose everything

Friends are like the commentators beside you

They can give you advise or what

But the last decision is in you hand

So,be not afraid to take the wrong step

Be afraid of when there is nobody beside you to give you any advise anymore

True friends will always remain on the same spot

They wont leave you

Just like me and you,my old friend

But what i can give is just an advise

Most important is

Dont regret with what you done

Just stay strong and follow your decision!

So i wish you and everyone will have a good 2012 ahead

Recently,i see a quotes from twitter and i found that it is very meaningful

你所浪费的今天，是昨天死去的人奢望的明天

你所讨厌的现在，是未来你回不去的曾经

Anyway, thanks 2011

Being single is not big harm actually

Be aggressive everyday

There are many many more things for us to conquer it in future!

Like what Luke told me

"Don't worry if you are still single.God is looking at you right now saying,"i am saving this one

for someone special!"

Sounds like self-consoling

But what to do? this is L.I.F.E

Every second we breathing

We shall believe that

There are still hopes in future!

Smile :)!

人生就是要不停的战斗！