Forum Replies Created
- kenkoh2000 wrote:marten hilberts wrote:rebecca22 wrote:
"……….where I can just repay the private money lender with 12% interest upon the sale of a rehabbed house……"
if you can get investors to do a deal like this please let me know.
i can only share my experience with private lending. yes it is fantastic (the people i deal with have the cash, want to invest in property but submit to the fact it takes some work to generate substantial income from (like to live off)). i offer 10% per annum, paid quarterly for a 36 month term. then at expiry i then give a 9% flat bonus (sometimes, obviously the investor gets paid back his bonus a little earlier…….but as a guide only it equates to approx 13% per annum). these people are not silly but they are smart enough to realise that they aint going to get that return on 'idle' cash sitting in their equity/bank account/business cash flow.
all i do is ask EVERYONE that i meet………."would you like to earn a minimum of 13% over 36 months for only an invesment of $50,000.00? good luckmarten hilberts wrote:rebecca22 wrote:"……….where I can just repay the private money lender with 12% interest upon the sale of a rehabbed house……"
if you can get investors to do a deal like this please let me know.
i can only share my experience with private lending. yes it is fantastic (the people i deal with have the cash, want to invest in property but submit to the fact it takes some work to generate substantial income from (like to live off)). i offer 10% per annum, paid quarterly for a 36 month term. then at expiry i then give a 9% flat bonus (sometimes, obviously the investor gets paid back his bonus a little earlier…….but as a guide only it equates to approx 13% per annum). these people are not silly but they are smart enough to realise that they aint going to get that return on 'idle' cash sitting in their equity/bank account/business cash flow.
all i do is ask EVERYONE that i meet………."would you like to earn a minimum of 13% over 36 months for only an invesment of $50,000.00? good luck*********************************************************
Dear Milly,1. My email is [email protected]. My TEL/FAX is 08-95925108 and my Australia mobile is 0418758123.
2. Please contact me to further discuss your present situation. We might be able to work out some options of mutual interests to ourselves in due course.
3. Thank you.
regards,
Kenneth KOHDear WezWaz,
1. I have been a full-time property investor since Jan 2003. I have also been living-off-equity (LOE) to a certain extent since then.
2. I have helped one of my own overseas investors to acquire and control some A$1.14 million worth of properties, with an initial investment capital of only A$20,000.
3. However, I am no "guru".
4. I am still learning how to invest profitably and in a safe manner, for myself, as part of my own life-long self-learning process, as a full time property investor.
5. For your kind update and further comments/discussion, please.
6. Thank you.
regards,
Kenneth KOH.Dear MeiLin,
1. As in investing in any apartment development projects in Singapore, the priority of making monies in this case, is the Singapore Govt, followed by the Developer , then the Marketing Agents and finally the Investors, who is actually bearing the bulkk of the risks for a small profit.
2. I heard what you said. Howver, I still think that until you have effectively sold your unit and cash out from your investments, it is just a paper gain.
3. When it comes to actual settlelment is in many development projects, as in Australia, there will be many unit on-sales and re-sales such that the subseuqent unit re-sale prices may eventually drop below its original purchase price.
4. I’ve do doubt over what you had said presently.
5. However only a selected few can afford to play this highly risky prestige property sector.
6. Though a Singaporean, I do not see myself quailfying for it as I prefer to invest safely and in a more transparent market like Australia, unlike the Govt’s tightly-controlled market in Singapore.
7. As far as I am concerned, we will only know the truth eventually after the Singapore General Elections. and after the due settlement date for these property purchases whether the projects are still as profitable as what is being reported about it right now.
8. Short of soundling as “defensive” or/and as “sour grapes”, allow me to sincerely congratulate you for your guts and “profits” which you have made.
9. I am sincerely happy for you even though I have still mopt made the monies yet from this particular market.
10. Thank you.
Cheers,
Kenneth KOHOriginally posted by meilin08:My cousin lives in Perth – she is Singaporean. She bought a new HDB flat in Hougang in 2001 for $195,000. Currently worth $500,000.
Mei
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Dear Meilin,1. Interesting…Where exactly is your cousin’s flat in Hougang? Is it an executive-condo unit? How accurate is her feedback regarding her flat’s current valuation price?
2. The overall HDB Resale Price Index has dropped down to 101.2%, some 40% down from its last 1996 market peak.
3. I’ve also done a HDB resale transaction price check: ex-HUDC and HDB Executive flats in Hougang area, now selling price around $330,000-S$350,000 on the average.
4. Based on all the HDB flat resale transactions from Aug-November 2005, the highest price achieved was S$405,000 and the lowest achieved resale price was S$315,000.
5. For your kind update, please.
6. Thank you.
regards,
Kenneth KOHOriginally posted by meilin08:Hey Ken,
Did you see the article in yesterday’s business Times?
Sentosa Cove land up 65%. Those who bought their land at 3mill will be laughing – now worth 5mill.
Mei
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Dear Mei,No… Congratulations and good for you then.
Cheers,
Kenneth KOHOriginally posted by meilin08:The govt has recently changed the deposit structure from 20% down to 10%. And of this 10% you can use 5% from your CPF and 5% cash.
Mei
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Dear Meilin08,1. Are you also saying then that Singapore banks will lend the investors upto 90% LVR loan for the property purchase? When the laws on the reduction from 20% to 10% deposit take place effectively?
2. Please advise and clarify further.
3. Thanks.
regards,
Kenneth KOHOriginally posted by Milly:but just remember seven yrs down the track when you.re eying off the pretty young secretary, ‘hell hath no fury like a woman scorned’.
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Dear Milly,1. Oops, are you saying that the husband has not grown up to be able to appreciate his own wife’s inner beauty then, after 7 years of marriage and living together.
2. Perhaps, having children and setting up a family may make the man feel more needed/wanted by his wife/family such that he will be more prepared to committ himself more to the marriage and to his wife/family…
3. Where do we draw a line between a husband truly appreciating the beauty in a lady passing by and his lusting after her?
4…. Perhaps, the husband is not coming to terms with his own aging process or/and having problems accepting his own process. Perhaps the marital life is get routine and stale after 7 years of living together. How can the wife help in this case?
5. What must the wife do to prevent her husband from scorning her in the first place.
6. For your kind uodate, please.
7. Thank you.
regards,
Kenneth KOHOriginally posted by Milly:You can be the most hardworking, attentive, helpful wonderful husband in the world and you come home one day to an empty house and a letter explaining that wifey has left, been swept off her feet by some wicked libertine she met at the gym. “
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Dear Milly1. How can the husband be truly both so attentive to his wife and yet does not know that she is straying away?… Unless he is not truly as attentive as you would suggest him to be in the first place, honestly speaking.
2. Another possibility which this scenario can occur is when the husband is mistaken himself duirng all these while and that he is only loving his wife the way he thinks she would like him to love her, rather than the way she truly would like him to love her.
3. If the husband truly love his wife in the way that his wife truly want to be loved by her husband, will she run away with a new man suddenly? I do not think this is likely to be so.
4. Even if the wife should run away with another man suddenly, wouldn’t a loving husband want to wait for her to return back on her own free will subsequently if the husband is indeed loving his wife with true unconditional love inthe first place? Wouldn’t the loving husband quietly reflect over what have happened and ask what are the lesson he has to learn as a loving husband, so as to continue to make the marriage work in future?
5. For your kind update, please.
6. Thank you.
regards,
Kenneth KOHOriginally posted by hellman:Sorry but I have seen unhappy families where it is pointless for the parents to be together, but the remain “for the sake of the kids.”
So what do u want to see – 1) A marriage that might have screaming fights and or physical violence, which teaches kids it’s okay to be abusive? or 2) seperate with less fighting?
Think back as a kid I know what I would chose.Hellman
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Dear Hellman,1. Do the feuding parents need professional help in the first place?
2. You says, ” A marriage that might have screaming fights and or physical violence, which teaches kids it’s okay to be abusive?” Do you not agree that the abusive couples needs professional help in the first place if they are unable to calmly agree to disagree with one another in the first place and learn to contain their own anger?
For the safety and welfare of the child, shouldn’t the abusive parents be referred for professional counselling on their effective anger management or/and reported to the relvant authorities concerned?3. You says, “or 2) seperate with less fighting?” does this truly solve the problem for anyone especially for the feuding parents? Imagine what will happen when the fueding parents separated, re-married, started a new family again and then subsequently start to feud with their new partners again? Aren’t more people going to ge thurt again if the basic problem is lfet unresolved? What are you going to do then?
4. Sometimes, couples communicates through their quarrellings. So, who are we judge if they should separate or continued to live together as a married couple except by the affected parties themselves?
5. For your kind update, please.
6. Thank you.
regards,
Kenneth KOHOriginally posted by hellman:Also I see pre nups as more of a plan of what happens if… rather than this is your share, that is my share.
Hellman
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Dear Hellman,1. Would you not agree that in your thinking you have allowed this possibility that your future marriage will break down through planning the pre nup?
2. Wouldn’t it be more productive for the young couples to spend more time to learning how to make the marriage work and “fail-proof” their own marriage during their own dating/courtship process, then to spend time thinking about how to do when the marriage fails in the first place?
3. Why should the marriage fails in the first place? Do we then knowingly want to enter into a marriage when we know it will fail in the first place?
4. For your kind update and further comments/discussion, please.
5. Thank you.
regards,
Kenneth KOHOriginally posted by Milly:anyway im not cynical or bitter. I had a wonderful marriage to wonderful man but I cant help looking about and learning from the experiences of others. I’m a realist….not a cynic.
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Dear Milly,1. Have you truly wonder why does your marriage works while others do not?
2. What can we truly learn from your own wonderful marriage?
3. What do you see are its critical successful factors for your own good marriage?
4. Looking forward to hearing and learning from you please.
5. Thank you.
regards,
Kenneth KOHOriginally posted by Milly:
[brYou can be the most hardworking, attentive, helpful wonderful husband in the world and you come home one day to an empty house and a letter explaining that wifey has left, been swept off her feet by some wicked libertine she met at the gym.
Are you saying you would continue to love yr wife in such a circumstance? nah….there are always conditions to love.
It’s all very well to go on about romance and trust but just remember seven yrs down the track when you.re eying off the pretty young secretary, ‘hell hath no fury like a woman scorned’. Wifey will want to hit you where it most hurts….the hip pocket! It wont be about greed for the goods, she wants REVENGE.
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Dear Milly,1. Honestly, if a wife runs away with another new man , despite having a nice husband at home, it tells me of a marital problems left un-resolved for a certain period of time. Both the husband and wife are equally responsible for the marital problems. Please remember that it always takes 2 hands to clap in a marital situation.
2. To me, from the scenario painted, it does suggest there was no true unconditional love prevailing in the first place and that the marital problems was existing and was allowed to continue for a certain period of time before such an extra-marital affairs can take place.
3. If a man or woman is weak and succumb to temptations of a more charming new partner outside the marriage, I am sure if the dating process and courtship has been proper and thorough, such weakenesses can be easily be unveiled out during the courtship process. If the dating couple fails to take positive actions to properly resolve and help the partner to overcome the weaknesses accordingly and yet knowingly and intentionally proceeding further into marriage, then both parties are equally responsible for causing the problems and marital breakdown in the first place, will it not?
4. If we truly love a person unconditionally and our partner left us for someone esle, and is truly happy with the new partner, would we not grant them our blessings too? If we are unable to do that, then whose problems is this?
5. If our partner runs away with a new partner and subsequently return back to us, do we as a loving partner willingly learn to forgive and to forget and prepared to accept the erring party back into our marriage fold, wil we not if we truly love them unconditionally in the first place?
6. Why do partners wander away? Simply because not all the needs are properly satisfied by the other partner within the marriage/couple context.
Both the erring and the victimised partner are equally responsible for the marital problem/extra-marital affairs, do you not agree?7. An eye for an eye. This is the usual human response when one is being hurt.
8. But do we ask oursevles why do people choose to hurt us in the first place?…What can we learn about ourselves?
9. If the hurt is painful, do we still want to introduce more pain to our own beloved partner if we truly love him/her?
10… Or do we allow ourselves to further escalate the pain level by futher hurting one another again even more? Where unconditional love prevails, this will surely not happen.
11. For your kind update, please.
12. Thank you.
Cheers,
Kenneth KOHOriginally posted by Milly:I don’t believe there is such a thing as unconditional love Kenkoh. (tho love for our kids might come close)
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Dear Milly,1. Why?
2. If neccessary, we will agree to disagree then.
3. Thank you.
regards,
Kenneth KOHOriginally posted by Simmi:Hey, Life is like a business.
Simmi
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Dear Simmi,1. How sad if this is indeed what you presently and truly believe. Are you also further suggesting here that we should live our lives likewise?
2. As human beings, let us think and live as one intrinsically and unselfishly to make a better world for all to live in!; Let us not think of others or of oursevles, wholly in terms of $$$ or a some sort of a precious commodity to trade ourselves and human life with as in a business which you are suggesting here.
3. I definitely do not agree with your “selfish” way to life. Let us all live and let live in harmony and humbly with one another, always esteeming the others better ourselves and loving others as we love ourselves.
Cheers,
Kenneth KOHOriginally posted by Celivia:Look, I still stand by what I said, and:
If you HAVE to get married, go in it with 100% of what you have.If things do not work out, the worst thing that will happen is that there will automatically be a 50/50 split…
Is that so bad?
You win some, you lose some.Celivia
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Dear Celiva,1. Why not try to continue to stay “win-win” in the same marriage instead by learning to peacefully work out and properly resolve the marital problems for the sake of the entire family and not for my own selfish interest sake instead?
2. A true marriage is never meant to end up in dirvorce in the first place, has it been properly founded on the strong foundation of unconditional love in the first place.
3. For your kind update, please.
4. Thank you.
cheers,
Kenneth KOHOriginally posted by grossrealisation:hi Dutchess
without taking the high moral ground can I just give my little .002%.
first I have read the and some I agree with and some I don’t but at the end of the day it comes down to trust. you can if you wish put this here and that there but is that trust if he is going to go here or go there again is that trust if you go for a loan and you are going for the loan and the bank lends this is this trust.
we live on trust and if you dont think this person lives on trust then sorry I can give you companies all over the world but they are not going to give you the one thing you need and that is a person that works on trust.
there are 1000’s maybe 10000000 of sharks out there and the one thing that stops them from me is trust, you must trust them and get family or friends to trust them and work from there,
suits want your money more then the sharks.
I like the post we men don’t have this problem but my girl has here property investment controlled by a trust and controlled by a suit.here to help
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Dear Gross Realisation and Dutchess,1. Technically speaking, a marriage which is based on mutual trust is one which is based on a conditional love(“I trust you only becuase I think/find you to be trustworthy in the first place”) and this is also likely to fail too.
2. Would one willingly trust a unreliable person in general? If NO, then the trust is just another form of conditional love. If yes, are we not knowingly, asking for trouble, ourselves?
3. Unconditional Love is not the same as trust. It has a much deeper, stronger and more effective basis to build a marriage foundation. Unconditional love entails and will usually involve loving our spouses much more than the way we are loving ourselves, to strive to continually protect and enhance our partner’s well-being and personal happiness to the extent of sacrificing our own where neccessary. In such kind of true love, the word/reference to selfislh and self-centred “I” does not actually exist, only “we”/”ours” and our higher love for our own partner (and our family) at all times.
4. For your kind update, please.
5. Thank you.
regards,
Kenneth KOHOriginally posted by Dazzling:When my ex and I split – I walked away with nothing but the kidsYou walked away with everything then…
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Dear Dazzling,How can that be? With a broken marriage, a broken relationship and without a wife or/and with hurts and pains all over for all parties concerned and with always an absent parent for my child and having set up a poor live example and wrong role model for my own kids’ future marriage?
Sorry, I cannot agree with your line of thinking or teaser.
Thank you.
Cheers,
Kenneth KOHOriginally posted by nazzysmith0153:Interesting post this, always wondered if there was any point to a pre nup… I certainly dont want the other half walking away with all my money. But like others theres noway we will break up… Or will we???? People being people theres no guarantee that the other half wont find something better or harbour resentment untill it blows up in my face. Were in a solid commited relaionship and have eyes for no other, however I believe in this day and age statistically things dont look so good. So many broken relationships and Most splits are on bad terms which means the other halves usually go for everything they can get. It would be stupid not to try to protect yourself.
But for me there is noway id go after a prenup. IT undermines the TRUST…+++++++++++++++++++++++++++++++++++
Dear Nazzysmith0153,1. If couples enters marriage with this selfish attitude that my own self-interests and personal happiness is more important than that of my partner, or/and I only love you when you are preapred to love me in the first place’ type of conditional love basis, is it any wonder such a marriage will fail eventually?
2. Likewise, I think that people who are contemplating having pre-nup, are also planning to fail in their marriage too. By their own actions and thinking, they seem to be saying that they are only prepared to love their life-partner upto that level that they are prepared to share their properties ( but not their lives? ) and if also for their lives too, only for a specificed time frame but note their entire lifetime?) with their partner. Does is it any surpise that such a marriage will equally fail too in due course.
3. Likewise for dating couples who are planning to conveniently co-habits together as some sort of trial marriage arrangement prior to actual marriage, they are also planning to fail in their marriage too. Under such kind of arrangement, we unknowingly “get used” to enjoying all the benefits of a married cuople living together, without/failing to understand the actual social committments required of a real marriage which requires full-time committment and a lot of give and take attitude between the willing life partners to make their marriage truly works for life. This has been confirmed
through research studies in the USA.4. Trust is one thing (as it can be easily broken as in any business relationship);- UNCONDITIONAL LOVE is another totally different thing altogether!
5. Unfortunately, only those marriages that are founded on true UNCONDITIONAL LOVE ( rather than superficial mutual trust basis) will last!
6. For your kind update, please.
7. Thank you.
regards,
Kenneth KOH
