Many people here in Malaysia are not aware of the fact that just because you don’t have a great deal of capital, it doesn’t mean that you can’t start investing in the real estate market. Remember that lending institutions usually don’t want any more than 20% deposit on any mortgage application that you might make and so if you can get this money together then you can start building a better financial future for yourself.
There are many condo apartments currently available in Sea Park for example and these properties are in an ideal location and so the rental potential is massive. If you can get the initial deposit then you can easily purchase one of these properties and then use the money from the rental income to pay for the mortgage and you will still have money left over. This is why many people in Malaysia are now investing in real estate and they get to enjoy the many benefits that come from that as well.
It allows you to diversify.
If you already have a financial portfolio in place then you need to do what you can to reduce the chances of experiencing any losses and to reduce your overall risk. It is true that you can invest in stocks and shares and other things but these are subject to market trends and you could end up losing all of your money overnight. It makes sense then to diversify and to invest some of your money into property that you know is going to increase in value over the years.
There are many real estate options.
Not only can you invest in condominiums and apartments but you can also think about purchasing commercial properties as well. There is always someone wanting to start a new business so that they can be their own boss and so you will be the person that will offer them the ideal property at very affordable rent. You might also want to look into what is known as ‘flipping’ and this is when you buy a condominium early on and then you sell it quickly to make a quick profit and then you can move on to the next one.
You will have additional income.
No one is saying that you need to quit your full-time job but it is reassuring to know that you will have additional income coming in every single month from the rental value of the property that you have just invested in. You can be sure that the rent will exceed the amount of money that you have to pay to your lending institution for the mortgage and so you can either reinvest it back into the property or you can start living life a little.
Based on current trends and what has been happening in the property market over the years, you can expect your property investment to grow in value with very little risk.