ASKING SEAN

[@hzqqqqqq]

hi sean. how do we stamp the tenancy agreement ya?

[@patoises]

totally agree - I would also go for the option with the greatest financial opportunity now, rather than over-think about what might happen in 3 or 5 years time.

[@iherng]

Yupe, you're right!! Making the best decision at today's context rather than guessing what's gonna happen:) Thanks for watching!!

[@HAMER2U]

Do partial payment from time to time until positive cash flow. Sooner or later your rental will covered your installment. Buy investment one. And temporary rent a good landed. Nowadays plenty of choices.

[@KH_Minimalism極簡人生]

A lot of improvements in your recent videos, good luck will follow those are hardworking. Rental income is activated income, not passive income as many people think.

[@iherng]

Spot on KH!! Activated income... wow. Thanks for sharing!!

[@FirdausIsmail1]

loving your quote from kiyosaki that you earn money when you BUY! I think that best described what we all should do.

[@iherng]

Yupe. I learnt a lot from his books. Thanks goodness I came across his book in my teenage years=) Anyway, thanks for watching!!

[@SL-ko2fc]

If the rental is lower than the instalment, means negative return right, will the bank deduct this from income and affect buying the next property?

[@cheewaidavidwong7256]

thanks for your constructive suggestions, salute 😊😊😊

[@iherng]

You're most welcomed. Hope you learnt something:)

[@lewis_jiahao]

I wonder why would I find myself surrounded with people who reads Robert T Kiyosaki's book recently. This is like magic since I started reading it 😂 Good video though, support your initiative and it's a very good intention to make the "Asking Sean" section. Continue your great job!

[@iherng]

His book is gold!! Thanks for watching and sharing your thoughts. I really appreciate it!

[@songjina688]

Thank you Sean, i go through one by one your video. And finally managed to have one subsale apartment in Cyberjaya for investment.

[@iherng]

Fantastic Ayna!! That's great news=) Do share my video around so I get to help more people yea!! Thank you so much for sharing your story.

[@bmagnus2729]

Hi iherng, what is your opinion on bulk purchasing now since you have join "FAR capital". Honestly, i feel sceptical with them as the bad stories about buying from property gurus always hunt me.

[@hasics94]

So you need to have and stamp the tenency aggrement for the bank to see the current mortgage as one of the income? What if the rent is the same as monthly installments? How about my dsr? As always, great video 👍👍

[@iherng]

Hi Hasics, yes you must stamp the tenancy agreement to declare the income. If the rent = installment, your income would minus installment plus your rental. So your DSR would be the your income. Thanks for watching:)

[@anosromanee-conti7960]

So need to set the rent price according to the rental market price no matter wht kind of house it is?

[@iherng]

Great question. Usually this approach only applies to high rise as for landed homes, usually the ROI wouldn't be high but their potential for capital appreciation is very high=)

[@msshopaholic21]

Hi Iherng, I would like to know about your opinion for Suria Stonor apartment

[@zaraallysha]

Suria stonor my aunty just buy from glomac. It's very good for stay and investment. Alot of foreigners willing to rent.

[@nadiaheng6547]

This is so informative! Thank you Sean!

[@iherng]

You're most welcomed Nadia:) Thanks for watching!!

[@InfraKai]

As usual bro. Amaze by your knowledge. Keep it up. Hope to cooperate with you in the future. I am from a C.E background but more interested in properties development and sales.

[@iherng]

I see. Thank you so much for watching and sharing your insight=)

[@shaunchin6062]

Easy said than done buddy.

[@iherng]

Well it depends who you ask:) Thanks for watching 😁

[@morepewpewlessqq4720]

Get option 1, squeeze them for the cheapest possible price,(but then you have to cough-up with cash for Reno, I tend to think those cash-back option is appetising) dress-up your property and rent it higher than the rest. But to break even on the monthly mortgage is already very difficult, much less with rental>mortgage. Few years down the road, seek for a bank evaluation, pray it goes up.Refinance, get the cash and get another property perhaps? But I rather think this is counter-productive as you end up with more good debts, not too sure about this also. Perhaps Iherng can share some enlightenment please? Thanks!

[@iherng]

Wah... taichi to me... hahahaha. Your approach is definitely sensible especially when the fundamental location of that property is attractive. And it's great if you have limited capital. Thanks for sharing Pew Pew. It's so good to have experienced investors sharing knowledge in this platform=)

[@AfiqFaisal]

Walao! Earning rm11k at the age of 28? How meh? So envy!

[@iherng]

Yupe. He's awesome:) Thanks for watching Afiq!

[@comicmanket6610]

definitely a doctor or dentist , for real

[@contantino_mm]

@@comicmanket6610 or software developer working remotely for foreign company.

[@lelsqueks]

Great video

[@iherng]

Thanks for watching Zac!!

[@bryanccc4226]

Mortgage > rental walao I rather go with fd more easy

[@iherng]

Very hard to predict because they might be potential capital appreciation and leverage on the bank's money which will still turn out to be better than FD. But FB definitely will be more secured!

[@bryanccc4226]

@@iherng thanks for the reply ,appreciated=)

[@enzedaxe4001]

Leverage on financing facility is the biggest motivator. Consider the return on your cash investment rather than return on cost of property. U bought it with the banks money. This is fundamental of how business work. Return on cash invested. Also over long term, property is relatively secure. But not like Fd of course which is guarantee capital and guarantee returns.

[@izzmalaysia8007]

Wahlaooo so rich with that kinda money no debt- i would go for my dream home before it become too expensive to own. Example. If now u think 1.5mil condo in KLCC is expensive, u think in 10yr time it wont be more expensive ka? Buy it while u still can

[@iherng]

That's definitely one way to approach the matter. Thanks for sharing your view Izz=)

[@janicengow]

Hi Iherng, should I calculate the maintance fees and sinking fund into my rental? For example my property month installment RM950, maintainence RM200, so I need to rent minimum RM1150 for cover my installment? If I can get RM1150 does it means i have passive income already? How to calculate ROI? I am newbie and alot of question in my mind.Appreciate your answer if you can see my comment 😊 thank you.

[@iherng]

It's up to the market price of rent, which means how much would your tenants be willing to pay for the space you offer? I can include whatever I want as a landlord but all are useless if the tenant just rent next door compared to yours because of the higher rental rates. Thanks for asking=)

[@kohlee888]

👍🏻

[@iherng]

Thanks for watching bro!!

[@Erudite1014]

niceee

[@iherng]

Thanks for watching Firdaus:)

[@YenNieNg97]

👋👋👋👋👋

[@iherng]

Thanks for watching Yennie!!

[@freezfrank6350]

the video image is too poor, you need to fix it more

[@Daddyisanuncle]

Love your insights. Thank you Sean!

[@iherng]

You're most welcomed Rouge!!