ASKING SEAN

[@Rayang4ver]

Proud to share that my 20 yo condo has been well maintained by a team of dedicated pro bono JMB members led by a responsible chair person. Collection of fees is > 90%. All the recent upgrades & repainting did not require any additional payment by the residents.

[@devilyus90]

Which Condo?

[@Bearbearbear21]

288 wangsa

[@glenoi8868]

I can say this is the most insightful explanation about the exit strategy and note for property investor. Thanks for your humble advise

[@michaelbyz23]

Finally, the most important yet sensitive question answered. Comment first cuz I know it's sure gonna be good content!

[@iherng]

Woah!! Haha. Appreciate it man:)

[@xiaomashitu]

Really Well Explanation For Exit Strategy in Details 🎉🎉🎉

[@iherng]

40 mins just to explain the concept of it haha:)

[@patoises]

can someone summarize the exit strategy please? I listened for 34 minutes still no clue, iherng tends to ramble off topic so sometimes difficult to get the gist

[@iherng]

It depends on what property you’re holding hahahaha:)

[@patoises]

@@iherng oh okay, need to listen again 🙂

[@yongchinyew]

You also have to include agent fee 3% into the selling price. Its not small money there. Usually no buyers would want to transact directly with sellers. Right?

[@iherng]

Nope. I dealt directly with the owner without any agent for many of my units.

[@yongchinyew]

@iherng I need to start a podcast first then.. lol.

[@grandehowe]

I just sold my property directly to a buyer 3 months ago , with proper guidance of a conveyancing lawyer, following procedure process, it definitely save money for both seller and buyer. But I did a 2% discount off my existing selling price on portal to conclude the deal, thus saving for both parties 😅.

[@yongchinyew]

@@iherng how did you advertise? Online? Then I have to spend time to do and arrange many viewings. If we got a day job.. then it's not practical.

[@thevincentlim]

If there is a choice, as a buyer, I always prefer to deal directly with the seller, so we all can save some cost (personally thinking agent don’t really bring much value to the table)

[@VectorLogics]

Hi Sean, wanna ask when we're using the 85% rental:mthly repayment rule when buying a property, should we take into account the maintenance fee ask well?

[@iherng]

Up to you:) if you’re very strict about it then no. But if you really like the project as your own stay unit, then it wouldn’t hurt.

[@VectorLogics]

@@iherng thanks iherng ! Come to think of it even gated landed units have maintenance fees as well…

[@jachinlim245]

Hi Sean, how about invest in Commercial lot, like shop lots / retail lots?

[@vickylaihome]

Love it you explained very detail though i need to rewatch for more absorption 😂

[@patoises]

me too, i didn''t get it , I need a concise explanation 🙂

[@iherng]

Well it’s either we sell for ownstay or investment purpose, and that dictates our strategy to hold or flip the property.

[@jansonfung2271]

imagine making millions having a virtual sifu who answers every thought of you without knowing you

[@zshi1]

Thank you sean.

[@iherng]

Thanks for watching zshi1:)

[@kailoonchin]

So fruitful

[@iherng]

Thanks for listening:)

[@aessvinneekalaveera]

Hello Sean, A humble request: if you have time, could you review the Seri Topaz service apartment located in Puchong Intan as the surrounding location of the service apartment is quite matured though connected with LDP on its right side and an LRT route at Puchong Prima. Some say its RKSU some say its not but the price range is quite stellar. Before the completion of the project it was widemouthed to be 270K++ as its starting price but some property websites are indicating the starting price is 307K++... As a first time home owner, is it worth considering this project for this price point who wants to be both connected with the city center (but not too connected) as well as enjoying the secluded-ness with a lot of amenities provided? Thank you so much Sean. Have a Great Day.

[@lokix19azxc13]

All investment should have a exit strategy in the long run. The issue is if your strategy is to realised your gain only when exit or the investment vehicle is giving you the returns when you hold it and you only sell if you need the cash.

[@iherng]

Thanks for sharing:)

[@AngelynGan]

8k in PTPTN and 3k in PRS

[@iherng]

Yupe!! Thanks for sharing Angelyn:)

[@airofd]

u grow up where in s.alam just wondering hope u reply

[@iherng]

Taman Sri Muda aka Taman Sri Banjir😅

[@airofd]

@iherng never in a million guess u were a Sri muda guy

[@koayjueng1134]

Got money buy shophouse

[@iherng]

I agree. But the holding power must be strong. So you’re right with “got money”.