Asked by Anonymous
Asked on 29 Dec 2018
Always remember, whatever deals you see that is "too good to be true", there are risk involved.
From what we have discussed in Seedly Facebook, the issues with those $0 property etc falls under a few risk
1) Overleverage risk. 2) Payment risk 3) Interest rate risk 4) Tenant vs Payment risk 5) Capital lost for property bought risk
There are many ways to hedge all these risk, but you will need to fully understand before undertaking them. I am ill advice to let you know as I have not studied rental market much in SG (especially industrial and commercial).
This can only be down through collaboration with others. Those with money,give money. Those with no money, give time.
Top Contributor (Jun)
not everything you see can be trusted. alot of scams on facebook. Some even said buy bitcoin will be millionaire. Some ask to buy some mlm durian investment.