Saturday, January 27, 2018

House for Sale at Taman Pulai Utama

My house at Taman Pulai Utama, Skudai, Johor is available for sale. If any of you, relatives or friends are interested, you are welcome to buy the house.


The location is strategically located in Taman Pulai Utama which has her own shopping Mall known as U Mall. The exact location is as below:

https://www.google.com.my/maps/place/57,+Jalan+Pulai+30,+Taman+Pulai+Utama,+81110+Johor+Bahru,+Johor/@1.5429671,103.6201205,17z/data=!4m5!3m4!1s0x31da74105c8730c1:0xd5df3b3874939040!8m2!3d1.5425746!4d103.6223515?hl=en



I can walk to U Mall or Song mart in 5 minutes. At the front of my house, there is a playground which consists of a badminton court, basketball court and children playground. Since there is no house at the front of my house, there are plenty space of parking lots. So, if you organize an event at this house, your guest will have no problem to park. I also have planted rambutan and kuini trees as shown in the pictures.


The main hall is big since I already tore down the master bedroom in ground floor in order to increase space of the main hall. As shown in the various angle below, there are large space for you to arrange the furniture. However, the color of the main hall walls is no longer yellow. My current tenant already painted them white color.





By the way, this main hall has been painted white color by the current tenant.

In the top floor, there is also a bathroom and a hall where we can see the ground floor as shown in the picture above. Since the ground floor master bedroom was tore down, the only master bedroom left is on the top floor. The size is as big as the tore down master bedroom.


The top floor rooms, hall and stair are fully tiled.
Below the stair, it is suitable to put the dining table.






 The kitchen already have cabinets as shown in the pictures.



There are two other bedrooms:






If you are interested, you can call me for an appointment at 019-7311350.

Tuesday, January 23, 2018

My 2nd Tapioca Harvest

The tapioca trees on the left and right are ripe to be harvest. I decided to harvest the one on the right first because it is a lot taller than the one on the left (twice the height of the left).






 I asked my eldest son to help me to harvest the tree.

 First, we get rid any small plant on the top soil. Then, we dig the top soil carefully while avoiding to hit the tapioca roots.





Sometimes when we are sure the location of the roots, we use angkul to dig the soil.



We managed to get a lot of tapioca roots.




The simplest way to enjoy the tapioca roots is by boiling them.


After finished eating one full plate of tapioca, it is still not enough!


Now, I have a new location about 1 meter square to add another tapioca tree or other trees such as sweet potato, banana, papaya etc..





Friday, January 19, 2018

Excellent Two Storey House at Bandar Seri Alam for Sale

I bought this house in 1997 after two weeks I got married. It is quite emotional to sell this house. My wife and I have sacrifice a lot to maintain and fully paid the house in 2012. The funny thing is we never slept in the house!

Last year, the house was repainted, fully cleaned especially both toilets, and repaired any damage. The poach was also improved by building the walls on both sides, a new gate and cement the whole poach. I built an L-shape table top in the kitchen so that it is easy to cook in the house. While the renovation was done, a few people already asked to rent the house on the same day! This year, I have to replace the piping from the main road to the main tank since the old pipes already burst in several places. So, whoever buy the house does not need to worry about the condition of the house. It is also one of the reasons why I can easily get a tenant at a high price!


The house land size is 16' X 65'. There are 3 rooms and 2 bathrooms. The asking price for year 2018 is RM265,000 and it is negotiable. Currently, the house is rented. The monthly rent is RM1,000. So, at RM265,000, it is a good investment if you plan to rent it out. If the current tenant quit renting the house, it can be rent out for RM1,000 to RM1,200 depending on your business plan. If you want to make it a homestay, you can get even more.

Bandar Seri Alam is a very busy place nowadays especially after UiTM and UniKL already started their operation. When fully operated, UiTM and UniKL are going to have 15,000 and 5,000 student in 2014! In 2018, there are more than 6,000 students in UiTM Bandar Seri Alam. This is excluding the workers and other learning institutions in the town. Bandar Seri Alam is also known as Bandar Ilmu (Knowledge City) since there are many learning institutions in the town.


If you visit the house, I can explain the business model I have used for this house, what are other potential business you can do, and how to make sure you can get a good tenant. You have to choose the right strategy for yourself depending on your personality. Originally, the top floor was not tiled. But, I already tiled the top floor about 5 years ago. All the furniture available in the house can be yours as shown in the pictures. There is also a refrigerator in a good condition.
I am not desperate to sell this house especially when I managed to increase the rental for both of my shops recently. In the future, I will explain more in detail how I managed to increase my shops rental by 50%. The traffic flow between Skudai to Pasir Gudang is not getting better for the next two years. So, it is better for me to sell the house and concentrate my investment in the Western part of IRDA. It was a tough decision especially I was thinking to maintain holding the house to stand by if my eldest son will further study in Bandar Seri Alam. My wife's cousin just started his first year study in UiTM Bandar Seri Alam. Guest where he is staying? He have to rent an apartment with 3 rooms for RM1,300! And to cut the cost, he have to share the apartment with another 9 students! It is not only about cost, even if you have money, there is no vacant house to rent in Bandar Seri Alam. If you put an advertisement today, you can get a tenant by today if you are not a picky owner!

HAPPY INVESTING!

Sunday, January 14, 2018

DIY Grass Cutter Machine

My son wanted to try cutting the grass by using my DIY grass cutter machine. Below is the video of his action.


A hand drill can be used to become DIY Grass Cutter Machine. It saves a lot of money. I can cut the grass anytime I want. The cost to build is very low. The hand drill cost is also low if a wired hand drill is used. The hand drill wire is short. So, wire extension is used. It is cheaper to buy or build an extension wire than to buy a cordless hand drill. However, the wire of the hand drill should be hold a few feets to avoid accidental cut.

Warning:
1. Do not cut any grass during raining to avoid electric shock.
2. You should wear safety google to avoid any flying debris.
3. You should wear a long pants to avoid itchy due to the grass debris.
4. And, it is advisable to use a boot to avoid the grass debris from hurting your foot.

Unless you are an electrical engineer or know well to protect yourself, you should not cut any grass outside the building during raining. I tried to cut the grass today although it was drizzling since two days ago and today. I have to put extra protection to my wire extension and also my hand drill before I dare to cut any grass. I have to cut the grass today because the grass already tall as tall as in the video above.

It is a good exercise, and saves money. In fact, the last time I pay someone to cut the grass, they also cut my needed trees especially my vegetable and herbs trees. So, it is better for me to cut my own grass.

Have fun!

Thursday, January 11, 2018

Not Everybody suitable to be a Property Investor but Everybody should buy a House

Whenever I met a trust fund agent, I am always being invited to join them, and buy their product. But, I never trust a trust fund! The main problem is not the fund is not good. But, does trust fund investment is suitable, and the best for me? None of the agents can explain or convince me. They always claim trust fund has higher liquidity compared to property investment. They claim their profit is always high. Sometime a trust fund profit can reach up to 30% profit return.

The more accurate question is does the investment is the best based on my personality, and financial background. Sales people tend to promote the beauty of their products without really understand the customer's needs. I hate these kind of people. When you work, and you have to find the solution to your organization's problems, you will also hate these kind of people, where they are offering to solve other problems which don't exist in your organization!

Whereas, as property investors, we always encourage people to buy a house. If they can see the opportunity, they should also join us to become another property investor. I don't get any money when I encourage people to buy a house. I don't get any money when I encourage people to become a property investor. But, I definitely will ask for money if people want to learn my secret such as how do I buy a shop lot even though I have only RM5,000 in my saving, or how can I buy a house even though my saving is not sufficient to pay the downpayment, or how can I buy a house even though my income is barely enough to pay the rent, and many more.

There are many trade secrets in property investment. Even though there are many property investment short courses being offered by many cifu's (how do you know they have sufficient knowledge, and experience? How do you verify their claim?), they are actually only the basics. In fact, they don't answer many of my critical questions such as mention above. In fact, a lot of property investment groups are using dangerous strategy because no one strategy can fit for everybody!

Even in schools, universities, or working places, people don't take any aptitude test. You are lucky if you have taken one at the work place, and being given the tasks based on your aptitude test. But the most important thing is Not Everybody suitable to be a Property Investor, but Everybody should buy a House.

Wednesday, January 10, 2018

Diversify or Slowly Die

It is normal to hear in business, you should expand or die, or you should diversify or slowly die.

I diversify my gardening by planting new trees such as belimbing besi, limau bali, harum manis, nangka and cempedak. This is to ensure the survival of small trees (renek) such as herbs, vegetable, and flower trees. My daughter found that there are many lady bugs on the tree outside my house's wall. It is a good sign because lady bug does not only helps the pendebungaan but it also eat harmful bugs. So indirectly, lady bugs help to ensure the survival of my herbs, flowers and vegetables.

In property investment, it is safer to have properties in more than a single type of property. My first two investment were only houses. Then, I bought a shop lot. I felt it is a lot safer for investment. Now, I am sure it a safer investment. In previous economy slow down, there were many houses without tenant, or rent at lower price. But an empty shop lot was quickly rent out as fast as two weeks. Then, I managed to get a land. Afterwards, I bought a house and a shop lot at the same time. All my houses are in different market segment.

But, I faced a major problem. I am not getting any younger. With the new house, I have to do major renovation before I moved in. The renovation used a lot of money, time and effort. This also means I have less income compared to if I rent out the new house. I also do not need to spend much money if I just rent out the new house. But, I have no choice. Then, I got cheated by the contractor who did the initial renovation. I already paid 95% of the agreed cost. But the incomplete work was more than 30%. I had to find additional fund to complete the house. This only made me more determine to complete the renovation at all cost. So, I became the project manager, the acquisition manager, planning manager, manpower manager and quality control manager. I also managed to train my eldest son to be the assistant executive to fill my gaps.

Now, I have to consolidate my investment. I must trim any wastage. I have to find additional, and new sources of income to supplement my financial shortcoming. It looks like my current income sources are insufficient for expensive entertainment, and unexpected eventualities.

Thursday, January 4, 2018

Happy New Year

It is still fresh to say a happy new year. I was exhausted during the last week of the year 2017 to compile my whole 2017 year works, and submit them in the online record. Most of the time, I forgot what have been done. Worst, it is difficult to find the proof for every work especially when they were done months ago. Some of them, I managed to print pdf file and store in my hard disk. But, most of the time, I was busy chasing to finish my tasks. When, we are busy, it is normal other tasks will also appear at the same time.

For 2018, I hope to do my work including my investment more systematic. In order to do that a better work planning is needed. I have to increase the usage of cloud computing and smartphone. It looks like my utilization of academic blog really help me to spread the information to relevant parties in a more efficient manner. Hence, in 2018, I should use the academic blog more frequently. For my personal blog, sometimes I have original idea to do my market survey and investment more effectively. But, this blog is shared to all viewers around the world. I need an alternative mechanism to share my ideas to those only essential.

Another thing, I must have a better planning for my academic, investment and business. They are all interrelated. As usual, one plan is not sufficient. I should have an alternative plan, and also a back up plan. To do this, I need to be in the zone of creativity, list all the possibilities that came into my mind, analyze the relationship, prioritize them, and focus the goals to be achieved. The most difficult part is ideas are not easily come by when you need it. So, you should appreciate the sources wherever you can get any idea.

HAPPY NEW YEAR!