Recently, I have decided to place some savings into a cash flow machine, a Property. This investment is a hotel suite situated in Malaysia. It is located in Kuala Lumpur, between KLCC and Bukit Bintang. I have gone into this investment based on a list of reasons that I have stated below.
Why I Buy This Property
1) Location – At the Heart of the City
It is in the heart of Kuala Lumpur where there are huge amount of traffic. (Kuala Lumpur is the city of Malaysia).
2) Near Transportation Nodes and Amenities
The property is near transportation nodes such as Bukit Bintang and Raja Chulan Station with shopping areas such as Lot 10, Pavilion KL.
3) Tenant Occupation
With a busy traffic in this growing area, finding tenants for the property will not pose a problem.
4) Enhanced Security
The property is a suite inside the hotel. The security in a hotel is far better than the usual residential property.
5) Reasonable Value Per Sq Feet
The current property is of good value and stand a fantastic chance for growth in the next 5-10 years.
The set of questions that I have asked myself
What if there are no tenants to pay for my Mortgage Instalments?
The amount for the instalment is within the calculated amount that my other cash flow machines(eg. PopCorn biz) can generate to pay off. No impact to daily life.
Is the developer reliable?
The developer is a reputable company in Malaysia with a good track record. It is also listed in Australia Stock Exchange.
Overall, I see a potential growth in both the property value and the rental yield
with no stress to my daily life.
Please see more information on the invested property.
Property is one great cash flow machines that I would love to have. Over time, I will increase the number of properties in my portfolio.
I am targeting to invest into another property in 2014-2015.
Have You Created Your Cash Flow Machines?