ASKING SEAN

[@RayMak]

Some people really think their properties can be rented out forever...

[@iherng]

Well technically it's possible provided the premise is maintained.

[@bejijat]

I think rental as sole retirement income is ok but you need a company or employees to fully manage your rentals. You won't be able to manage them effectively when you are 55. I would suggest to retire only when your annual rental income is 5 times your annual expenses. FD, mutual funds etc are medium risk for retirement. KWSP is better. Retire at 45??? Wait until ur there and decide again. Nevertheless, prepare as if you're going to retire tomorrow. Once ur 45, ur salary should be around 50k. Ur lifestyle will increase and your rentals wont be enough to support it. But.. who knows?

[@hafiz4652]

Iherng can you explain more to get 90% quota thru proxy (let say my sister) that means my sister need to have loan eligibility in term of DSR,

[@eikichan316]

That's what we have been doing: Bought 2 units for Airbnb while we rent a small unit for ourselves. Not easy answering that "why don't you buy a unit to stay?" question though. Ppl are too accustomed to the thinking of buying own unit to stay, even though there are many more options to explore.

[@tharmendransukumaran6626]

How do you manage airbnb?

[@shazeemkamaruddin8539]

Hi Sean, can you please review property in Gamuda Gardens? Thanks man

[@harrypotter6697]

yes im 17

[@ADER2K]

Hey iherng! Is there any benefits of joining your team in Far Cap? Any difference in applying for yours as compared to normal applications?

[@iherng]

I can share what I bought with you 😃

[@ccchannel4824]

@@iherng can pls share to me? I am considering joining far capital

[@tanchinkoon]

Hi iherng,is it good to having chat with u about far capital ....can u share with me

[@RayMak]

Really really wise answers!!! =)

[@没心没肺的快乐废物东]

Damn, hello legend , nice to see u here.

[@hazimyusoff67]

Always good to hear your thoughts sean

[@iherng]

Thanks for watching Hazim!!

[@vineshrajoo2805]

Thanks for the another great advice. It is definitely advisable to have multiple sources of income for retirement. In my case, they are my job's pension, honorarium, golden handshake package , rental, dividends from blue chip stocks, amanah saham units and payments from matured insurance policies. On the issue of lifespan, based on a more reliable data that is relevant to me, my number is a bit low (70 years old) because both my parents passed away around that age. I guess, everyday after the age of 70 is a bonus day for me. You are right to say that if one wants to retire early, one needs to get a hobby or something to do. I am 49 right now and am choosing to retire at the age of 58. One of the thing that I am doing to prepare myself for my post retirement era is sharing some of my ideas on multiple youtube channels and building virtual relationships with young youtubers like your goodself. Old people like me have to hang around with young people like yourself because I am sadly starting to lose more friends as the years go on. Apart from that, maybe when i retire, i can apply to work as your driver. hehehe.

[@haldepet12]

about diversifiing: yes, you definitly should not put all eggs in one basked. And the real-estate basked might not be as reliable and predictable as you think, especially the Malaysian one. Just consider that there are some oversupplies, especially in Johor Bahru and the economic development is not very promissing even when there is a slight recovery from COVID. Also keep in mind that there is a debt moratorium going on to prevent the owners from default mortgages and foreclosure. This will not last for ever and what is the marked after finish of moratorium like? And to take on mortgage in exchange for rental income is always risky, because it is sure that the interest rate will go up one bad day to come. Besides you should take with your learning from COVID, that has brought with defaults of tenants too and the next virus will come for sure sooner or later. I think you cannot enjoy your leisure time in early retirement in such a financial situation. So better go on working and accept that you cannot take up that risk of early retirement.

[@vineshrajoo2805]

@@haldepet12 Well said boss.

[@jackblack5962]

Very lucky for him to start working at 21

[@iherng]

Hahaha. Thanks for watching 😁

[@praba775]

8 1/2 K @ 28yrs is great achievement. on the right path.

[@iamtg1]

Hallo iherng, how to contact you? I need some advice from you regarding investment and retirement in Malaysia.

[@iherng]

[e-mail] =)

[@junji19921223]

We need Singapore version of iherng

[@michaelbyz23]

Happy Chinese New Year, Gong Xi Fa Cai!

[@leon1078]

Haha , Sean always choose kl compare to Penang for property investment as usual

[@iherng]

Definitely!! But I seriously don't mind retiring in Penang.

[@JasperEGG]

financial freedom > retire better think this way > become financial freedom exit the 9-5 job and do what we like such as hobby for rest of our life

[@xxuryexx]

Hi there again, pewpew again if you rmbr from my previous comment on your tropicana condo video. Very interesting topic talked about by YX for this Ep. I'm a 23 year old just done working 1 yr ish after grad and very much trying my best to increase my views/pointers and methods of getting my dream home once I'm able to be independent full on. Again very knowledgable and well discussed points from this Ep. Have been consistently looking forward to your Vids and property reviews with notification bell on bro haha. Appreciate you Sean :) Happy Chinese New Year folks..

[@NplusO88]

Hi sean, I was told that if you team up with your close relative to leverage the 90% quota, banks will only look at the weaker link. Meaning if lets say mr.A is up to 70% teamup with mr.B who is 90%, bank will check and decides on the 70%

[@hakeemkamarudin3211]

Hi Sean @ anyone Sean subscriber do u know any best facility & affordable price Residence for rent near MRT Station?

[@iherng]

I think a better question is where? And what's affordable? RM 500? RM 5000? May I suggest to look at property portals such as propertyguru or iproperty?

[@jaderealtykl6098]

Hi Hakeem u can contact me I have a unit available 8min walking distance to MRT

[@zainuddinbaharun4945]

Happy Chinese New year my triend 2022...