#JoeNgPropertySolution, achieve your retirement simple and earlier.

Continue from Part 1.

Needs or Wants? Making a Right Choice.

Topics to be covered:

1️⃣  Clarify the Misconceptions about  buying property (Real Estate) a Investment than Saving .

2️⃣How to have a   predictable plan like many successful owners can have a choice to only sell and make profits in the upmarket?

3️⃣How to achieve a   Guarantee result.

4️⃣  OPM Recycled Capital Extraction Strategy

( Inspired by Robert Kiyosaki )

to own 2nd property with no money

5️⃣When is the  Right Time.

6️⃣ Powerful messages that you must know from many successful owners for you to take immediate action.

1️⃣ What’s on your mind when it comes to Real Estate?

Invest or Saving ?

Many felt buying Real Estate is an investment.

To me, investment 🟰 RISK‼️

Instead, I see it as a way of Force Saving.

"Make inflation your ally—let it work while you sleep."

Case Study

Assuming you take up a loan of $1,050,000 for a $1.4m property purchase, a 2% interest rate for a 20-year loan.

The total interest you pay to the bank after the end of 20 years will be, $224,826 as below. 

Consider this straightforward yet compiling data from the study conducted by EdgeProp.

They examine non-landed private residential in Singapore's new sale segments between 2008 to 2018 specifically focusing on the average size of 2 bedder condos ranging from 850 ft.² to 950 ft.

Take a look at the chart below for a straightforward break down.

The results are clear, prices increased by an average of  42% in the West region and a remarkable  86% in the east.

Now let us play it  safe and take the  conservative estimate of the lowest 42% price increase. Even after accounting for the interest paid to the bank, the question remains are you still in a profitable position?

⚠️it's important to remember that there will always be measures in place to prevent the market from overheated along the way."     

Building a strong safety fund during this period is essential to protect your real estate savings and ensure long-term security.

With a solid reserve , you'll have the flexibility to hold onto your properties until the market is favorable , giving you the power to sell only when conditions are optimal together with: 

-TDSR " PLUS" financial calculation, to make sure you are  safe  to proceed,

- Extension  Tenure 55/RP or RF Technique,

- OPM DK Technique ,

- 3PS Technique,

- S.A.Y.E Technique,

to futher reduce  your monthly installment or holding cost so your risk  will be at  the  minimum.

⚠️ Therefore, I suggest to stay away from short-term speculation. To me is considered Risky.

How to Use " Other People's Money " to  Build Capital Saving  to pay for your  Retirement based on a real case study. 

The unit above, Block 38, Stack 03,  size of 969 sqft, was purchased on January 2022@ at $1.089m. Interest rate back then was secured at only 1.1% fixed for 2 years,

which works up the monthly installment of $2665. 

(principal $1915+ $748 interest) 

The true that the tenant is not only helping you to build the monthly 1st 3S Principal Saving of $1915 monthly for you but also the

2nd 3S Passive Saving as mentioned below:

Recent Rental transacted were between $4000 to $5500. Let's take $4.5k, after less monthly maintenance fee and property tax, not just the monthly installment paid, the owner still gets around $1285 cash passive income every month. About $15k for a year. Or $450k estimated in 30 years.

Imagine 30 years later,  the house is fully paid,  even if the value of the property remains the same, (excluding 3rd 3S Profit Saving ),

Looking at the data above, we can see that every time a low 🔴 is always  Higher  then  previous low.

A  high🔵 will always be higher  than  previous  High.

Point 🅱️ will always be higher than Point 🅰️

5️⃣ For Those Keen to Own a 2nd (or More) Property with no Deposit, 

Here's a powerful wealth strategy just for you:

💡 OPM- Recycled Capital Extraction Strategy

( Inspired by Robert Kiyosaki )

🧠 The goal is to own property, and earn passive income from it and

🔁 How It Works:

1️⃣Buy a " BMV " Property. 

2️⃣Buy 1st Property with your own funds (cash/CPF for downpayment) using 8️⃣Bullet Proof Resilience Rules property Frame Work for choosing the right property. 

Caution: don't buy anything until you understand how:
https://r009874h.propnex.net/22031/mt-How--Misconception-Rules-when-choosing-a-property--Joe-Ng-90265006

3️⃣Let it appreciate in value while collecting  Higher Passive Rental income.

4️⃣Apply Recycle capital extraction strategy after your value increases.

5️⃣Use that Recycel capital to fund Property #2 — withou t injecting new cash.

6️⃣Property #1 continues earning passive for you, while Property #2 begins working too for you like a Cash Printing Machine.

Now can I say that building your Capital Saving for Retirement is not as difficult as what you think so long you keep an open mind, your risk can also be at the lowest since you're not paying any installment for the next 25 to 30 years, right?

🚫Imagine once the property is fully paid for by rental in 20 to 30 years time.  

Let's say the owner continues to rent out the unit, and by then the rental fee will easily be doubled to $7k to $8k due to inflation, this passive rental income will provide for their next 20 to 30 years retirement fund starting at age 60, or even allow them to pass this rental income to the next generation.

I called this Building Generation Saving Fund.

✅With rental savings for Retirement, worry becomes a thing only in the PAST.

Now you can continue receiving a steady retirement income, regardless of how long you live, as long as you keep your property on rental .

✅Learn how to ask the Tenant for more rental.

5️⃣Why Now‼️

Let's ask yourself with confidence:

Which age is the most preferred time to start building your Saving through Assets with Less Stress and Lower risk? 

As early as below

1️⃣35 years old?

or

2️⃣55 years old?

how can you apply

-TDSR "PLUS" financial calculation,

to  make sure you are  safe  to proceed,

-Risk Assessment Management(RAM), 

to have a  predictable plan in case you become 

self-employed, 

-Extension Tenure 55/RP or RF Technique,

-OPM DK Technique,

-3PS Technique,

-S.A.Y.E Technique,

To  reduce  your monthly installment or holding cost so your  risk will be at  the  minimum.

🧐Do you think Building Capital Saving is now a Need  or Want?

6️⃣Powerful messages to take Immediate Action from many successful Owners for Building Capital Saving.

I love to ask property owners a similar question: Do you remember when you bought your property years ago, was the price considered quite high?

Many would nod and say "YES" 

Now, here's the Next following question: Do you regret that decision today?

Surprisingly, most would answer, "Not at all" because what seemed high back then is now considered incredibly affordable.

"Some regretted and if given a choice back then, they will seize the opportunity to acquire multiple assets in their younger years"

Powerful messages to take Immediate Action from many successful Owners for Building Capital Saving.

Months ago, I had the pleasure of serving a delightful and respectful old couple, Mr. & Mrs Lin. They were passionate food lovers consistently exploring famous eateries and cafes in Singapore with their  family SUV Mercedes, GLB AMG 35, with a impressive boasting 302 bhp and 400 Nm torque with only 5.2 sec

(0-100 k /h). 

The best part is, that they enjoy all this without worrying about the spending. Now you might be wondering how they manage to live this dream?

The truth is, there are no secrets, just like many private property owners creating 2nd Properties as a savings plan during the earlier years . Fast forward today, and their properties are fully paid off by tenant, continue generating rental income that cover their expenses. 

Creating a 2nd properties, Using "Others People's Money to "Fund" your retirement. 

Follow in the footsteps of many successful property owners, like Mr. and Mrs. Lin. 

Powerful messages to take Immediate Action from many successful Owners for Building Capital Saving.

Legacy by Building Generation Capital Saving

" They also mentioned one of the reason to create saving plan in Real Estate is also because of their childrens.

W hether it’s to fund their education or to help them financially in the future so that they don't have to caught in a situation to make tough choices or sacrifices in life like what many of our parents going through in the past when building a family. 

Isn't it a gesture of all Parent's love and goodwill for their childrens and how we want to be remembered"

Disclaimer: If you have noticed that throughout my sharing, I have consistently emphasized the importance of saving, building capital systematically, and having a long-term saving plan.  

It is important to note that if you are looking for short-term quick money, these strategies may not be suitable and can lead to stress and unhappiness.

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@Joe Ng Property Solution, achieve your retirement simple and earlier.

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Joe Ng XH Propnex Realty Pte Ltd

CEA Licence No. L3008022J/ R009874H

Phone No. 90265006

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