Category Archives for "Rent to Buy"

Should You Buy Property On Leased Land?

Most people who are searching for a home to buy don’t realize that it is possible to buy a home on leased land. Far from being an uncommon practice most people assume that when you buy a house you also purchase the land it is built on, but more and more non-traditional home buying options (like purchasing a home on leased land) are becoming available as the economy and housing markets continue to struggle.

Here are a few things to know about buying a property on land for leased as well as some pros and cons to help you decide if this is a viable path for you to go down in your home buying journey.

When looking at homes for sale you can tell if the one you are interested in is on leased land if the advertisement says something like ‘manufactured home’ or ‘leasehold interest.’ Also be aware of the word ‘association,’ which will be used to describe areas of the property that you have not explicitly purchased yourself. The price for a home on leased land will also be much lower than the average market price for other similar houses in the area. Leased-land properties are generally built close together and rarely have amenities like a private pool attached to them.

Mortgages are taken out on land for leased properties, but a monthly payment will likely be lower because the original purchase price was cheaper. A fee that you wouldn’t normally have to pay for a traditional home is a land lease fee, which will vary by property. You may also find that some leased-land properties have massive home owner’s association fees that are used to cover the upkeep and maintenance of the leased land areas.

If you are considering buying a property on land for leased it will be beneficial to come up with an outline of your budget for a regular property and for the leased-land property. When you write down the savings and additional fees for both you might find that one is a step above the other when it comes to benefits and price (and it might not be the property you think!). Be reasonable when it comes to assessing your financial goals in the purchase of property, leased-land or otherwise.

You will also want to find out from the owner or realtor how much time is left on the lease. Generally you want to look for properties with a long lease left as you won’t have to worry about the changes that will occur if the lease ends while you are still living there. If the lease is shorter you might find it difficult to get a mortgage and finance your home. If the lease is up soon and you decide to purchase the property anyways, make sure you know what you will happen to the property when the lease ends.

Buying a home on leased land could be a sound financial decision, but weigh your options before you rush into anything.

Source : Ezinearticles

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Rent-To-own Concept To Enable PPRT Flat Occupants To Become Property Owners

Rent to buy is a new concept of buying a house. It still a new method in Malaysia.

The Urban Wellbeing, Housing and Local Government Ministry will introduce the rent-to-own concept to enable low income earners to become property owners under the Hardcore Poor Housing Project (PPRT).

Minister Tan Sri Noh Omar, however, said the introduction of the concept, however, would take place only after getting the Cabinet’s approval.

invest money

“We proposed the concept to enable individuals earning RM2,500 or less to own their PPRT units after their loan applications were rejected due to not fulfilling bank conditions, being blacklisted or not having proper payslip to prove their financial standing.

“Maybe we can create a mechanism so that they can pay a monthly (rent)payment of RM200 within a stipulated period and once they complete the payment, they will get full ownership of their units,” he told reporters after attending the ministry’s Aidilfitri Open House here Sunday.

Meanwhile, Noh said the ministry had set aside an allocation of RM500,000 to repair the lift service at Desa Mentari low cost flats in Petaling Jaya.

“I’m so sad to learn about lift malfunctions at the 16-storey flats…I hope the allocation will be used wisely to ease the burden of the residents,” he added.

Article Source: DurianProperty

Learn this method to save money for buy new house instead rent to buy.

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The most important aspects to consider while selling a property

Buying or selling a property requires a lot of planning and the thoughtful execution. You may find the requirement of hiring a broker to help you in this respect, but that may incur a lot of cost. So it is important for everyone to know few things before you go all out to sell your property to the potential buyers.

Herein below are some of the most important points to consider in this regard:


Choose a Realtor for your property:

When you actually find it difficult to handle all the works related to getting your property ready for selling, you may take help from a reputed Realtor. These people are constantly pursuing educational opportunities, attending conferences, as well as taking part in local community groups and events just to become a more seasoned real estate professional.

So you can just turn to these people with full reliability when deciding to purchase or sell your next property.

project approved

Consider the Loans and liability factors:

In present days people around the world are going through huge financial uncertainties and are witnessing several issues related to property management. This is a common thought that selling a property with a liability or loan is quite complicated and problematic, but in actuality, if all the documentation and paperwork are ready in an exact way, it can be very easy. So it is important to consider all facets related to the loans and liabilities of your property, you may also hire an expert for advice on the same.

loan rejected

Keep all your documents in order and ready:

Preparing your property for the sale is not only the thing that needs attention, it is also vital to be prepared yourself for inquiries that might arise regarding the property and also be prepared to present the necessary documentation that your listing agent, attorney or potential buyers may request for.

Make sure you have all relevant documents like the copies of rental agreements, deeds, mortgage satisfaction letter, utility bills, tax bills and other such papers ready for showing up as and when required. Also, do not forget to speak to your accountant about the sale of your home with regard to any kind of tax issues.


Look after the Taxation and related issues:

You may have planned to buy and sale property like a residential or commercial one, now this would require you to give attention to the taxation aspects. The taxation is based generally on the timing in which the property is sold. So you must be careful while considering this particular pointHealth Fitness Articles, you may also call for help from a good legal expert for advising you on it.

Source: Free Articles from

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5 Tips for Tenants to Avoid Rental Scams

wealth conference 2016

wealth conference 2016

So just what can you do to protect yourself and your money? Check out this list of five clever tips to help you minimise the possibility of losing your money to property rental scams:


1) Find out with whom you are dealing

Fraudsters can pose as the owner or the real estate agent, sometimes even coming up with elaborate schemes to deceive prospective tenants. A rental fraud case in America involved a former agent who attempted to rent out several vacant properties and collect deposits without having any authority to do so.

Malaysia too has had its fair share of property frauds, most recently with scam artists pretending to be agents. The good news is that you can easily find out if the agent with whom you are dealing really is registered. Just run the agent’s Real Estate Negotiator (REN) number (for free!) on the Negotiator Search page of the Board of Valuers, Appraisers, and Estate Agents of Malaysia’s official website.

To find out about the owner, simply conduct a quick internet search to look for potential red flags. You could also perform a bankruptcy search that will further confirm if the property for rent under his or her name is in foreclosure. The process is a rather simple one which can be completed online through the Malaysian Department of Insolvency’s official website for a small fee. Another method is via over-the-counter transaction in Headquarters Putrajaya, where a small fee of RM10.00 is payable via cash. Done this way, the bankruptcy search results can generally be received within 15 minutes.


2) Ask if a land title search has been done

A land title is a document that holds ownership information for land or any building constructed upon it, not to be mistaken with what some sites use the term ‘Land Title’ for when referring to the property’s residential or commercial title.

Thus, running a title search on your selected property is an important part of confirming ownership and title status as well as procuring more accurate details on the property.

Even though it is common practice to perform this search when owners mean to sell, not all agencies will conduct one for rental properties. It’s alright to ask for specifics and even proof of documentation, especially if the tenancy deal appears too good to be true.

If you are liaising directly with the owner, do run a title search yourself at the corresponding Land Office but do not be alarmed if the registry does not have one on record. Properties without individual titles (still under the master title) may not appear on the Land Office registry for the same reason or could be in the process of registration. The next step here would be to request other proofs of ownership such as a deed or Sale and Purchase Agreement.


3) Meet the owner in person

Note that sometimes, owners prefer potential tenants to work directly with an appointed agent – this is still acceptable provided that the agent is registered or works as a negotiator within a trusted agency.

However, if you have never met the owner or agent in person, do not attempt to send money unless you are able to verify the identity of the owner and the authenticity of the rental agreement. Landlords that you have never met, rarely request for money to be sent online without having a reputable agent to validate the deal and act as a physical go-between.

If in the case of overseas-based landlords, genuine ones often engage a property management agency or real estate agent to manage tenancies. Dealing directly with an overseas-based landlord is rather risky, especially when everything is done online.

In a recent KL rental scam, a fraudulent owner, supposedly a British expat deceitfully requested potential tenants to transfer deposits to a notable property website in Malaysia. However, the banking details appeared to send the money directly into the account of an unknown individual instead of the property website listed.

Thus, if there is you are unable to validate the identity of the owner or tenancy promised, carefully consider before transferring any funds.


4) Cross-reference contract information

Carefully read the Tenancy Agreement and get assistance if you aren’t fluent in legalese to ensure that the contract is on the up and up. Check that names, identity card numbers and addresses match exactly on the contract especially on the ‘First Schedule’ or ‘Schedule 1’ as it is commonly referred and where summarised details are to be found. To do this, you’ll need to request a copy of the owner’s identity card.

In addition, do confirm that the bank account details provided correspond to that of the landlord. If they do not match however, do seek clarification if the property has more than one owner, otherwise, this could be a cause for concern.


5) Avoid making cash payments or instant transfers

Be sure to issue cheques for deposits or if that option is not available to you, do buy a bank draft, make a copy and hold on to the receipt. Cash payments are difficult to verify or stop if need be, whereas instant bank transfers, while traceable, may not be retractable depending on your mode of transfer.

If a registered real estate agent is involved, insist that any monetary handover be done in the agency office. This would include paying the deposit as well as when signing the Tenancy Agreement.

Whether it’s your first time renting or even if you’ve done it before, it’s completely understandable to feel overwhelmed when it comes to parting with hard-earned money. So instead of enduring unnecessary stress and worry, just get in front of your fears and perform these essential checks.

It may seem like a lot of work and therefore you might just choose to bite your tongue and trust that all will be alright, but it is in your best interest to be diligent not just for the sake of the money but to avoid unnecessary hassle in the future.

Source: PropSocial

Definitely the number of scammers are increasing these days especially with the internet savvy era, it makes it so much easier for them. Renters and buyers just have to be vigilant and manage it wisely to avoid being scammed.

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How to Owned at least 5 rental properties in your life time easily?

There is a simple method to buy 1 property every 5 years, but how? For a post graduate form university, you need to plan ahead when you started your career around age 24. The simple method as below:

Save money for your first property

Once you start your career, on the first month you need to start saving $500 every month for the next 5 years. How much would you save?

Total saving = $500 x 12 months x 5 year

= $30,000

At the age of 30 years old, you have save so much money in 5 years, now you can buy a property that worth below $300,000 properties. $30,000 can be your 10% down payment for your 1st property. After that, rent it out for positive cash flow and you will having additional income.

Do not stop your saving after fifth year, keep continue your saving for $500 per month every month. The consistency is the key for your success.

If your 1st property having excess cash flow, you may added in to your saving to grow your investment fund faster. At the age of 35 years old, you will be buying your 2nd rental properties. Repeat the same formulae until you have acquired 5 units of rental properties. What age will it be? You will be 50 years old when you buy your 5th properties.

How much is the cash layout for 5 rental properties?

table unit

Your total cash outlay for your 5 units rental properties are just $150,000! Is it easy or tough?

The strategy is too slow?

Some of you may said that 5 years plan is too slow. Then you can increased the amount of your saving to any number. If your initial salary is high and able to save $1000 per month, then you will be doing faster and better compare to others.

What if I am too old at the age of 40 years old?

Maybe when you read this article, you are already 40 years old. I believe you have an established career and good income by then. You may have substantial saving in your bank as well. If looking at the table, at 40 years old, you should have 3 properties. In that case, you should be able to go out and hunt for another two more properties. You just need to catch up the plan that you may lost. Remember that the time is the essence for saving in early age.

Bear in mind that the above illustrated strategy is just a simple concept that can be employed by anyone. You are free to change any number to fit to your own individual pace. You can slow down by saving less or speed up by saving more. The ultimate here is to EARN as much as you can and AS FAST AS you can!

Article Source: ChatProperty

Many people will ask, is there any alternative to buy properties without money. The answer is YES, there are a lot of property investor applying this method. How? Click the link below to know more about property tips.

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Advantages of Lease Option Real Estate Investing

This way of investing basically gives investors the right to have  be in control of  and profit from a property without owning it.

Wendy Patton

Wendy Patton

The advantages of Lease Option Real Estate Investing are :

1. Flexible

Lease option real estate investing is a flexible way of investing because the terms of the agreement, such as payment amounts, payment dates, installments, interest rate, interest only payment, balloon payments, purchase price and other terms that are all negotiated between seller and buyer. The responsibilities of both parties are also negotiable. For example, if the investor don’t want to act in the capacity of a landlord, he can specify in the lease option agreement that tenant or buyer will be responsible for all minor maintenance and repairs and the original seller will remain responsible for any major repairs.

2. Financially Low Risk

Lease option real estate investing is a low risk financially, because you have the purchased the right to change your mind and let the “option to buy” expire, if the property fails to rise up enough in value to make a profit. Even if your tenant or buyer decides that not to buy the property, you have profited by a positive monthly cash flow from the tenant or buyer’s rent payments, and upfront non-refundable option fee.

3. High Leverage

Lease option real estate investing is a highly leveraged because you are able to get control of a property and profit from it now, even though you don’t own it yet. The fact that you don’t own it, also limits your personal liability and personal responsibility. Only if you decide to purchase the property by exercising your option to buy, would you take title to the property.


Source : paulinhabrecho

Finally, the more thing that you understand from creative real estate investing strategies and apply them for now, the more profits you will get in today’s real estate market.

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Benefits of buying and selling on Lease Option

You might be asking yourself what all the fuss is about lease options. Well there are a few reasons why investors have been getting hot under the collar about them.

Now, i will list out the benefit of buying and selling on a Lease Option :

Better Homes

Benefits of buying on a lease option :

đŸš© There is no need to get a mortgage. You can simply recycle the seller’s mortgage. This will speeds the whole process up and gets round the problem of lending being refused or delayed.

đŸš© No deposit is required. It really is possible to buy a house for a RM!

đŸš© Deals cannot be scuppered by a surveyor down-valuing a property.

đŸš© You can give the seller a much better price for their property than with the traditional below market value purchase model and still make good money!

đŸš© You can buy negative or little equity properties and still profit.

Benefits of selling on a lease option :

đŸš© You will normally get an upfront option fee from your incoming buyer. This can range from a couple of thousand to tens of thousands of RM.

đŸš© Your monthly cashflow is far higher than a traditional buy to let, typically about 20% higher. You can’t beat this for income investment property.

đŸš© You can sell quicker and simply because you are making the property easier to buy.

đŸš© You can sell to people who would not normally be able to get a mortgage such as self employed, people who are new to the country, people with bad credit records, and crucially, those who not yet have enough deposit.

đŸš© Tenants and buyers will tend to do their own repairs and not call you in the middle of the night about a leaking tap.

đŸš© Your buyer will generally be in there until they buy so you won’t have any voids.

đŸš© Your tenant is going to own one day so is very unlikely to miss a rent payment.

đŸš© When the tenants and buyer finally buys the property, then you will normally make a cash lump sum that known as the “back end profit“.

Source : property-investment-blueprint

Read these benefit properly and try to buying and selling on a lease option, then you will know that it really can bring many benefit for you.

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Young adults must Investing in Property

Investing in property is means that adding assets. When paid in full and managed well, the investment will remain an asset, while providing passive income monthly and capital appreciation. Kept for a longer time, this asset can also be passed on from one generation to the next generation.

Actually, trying to investing when you are still young is obviously not an easy decision for you to make, but it is not impossible as well. With the right mindset and plan, it’s the best age and best time to begin for the investments.

Star Property

Star Property

For a successful investment, young generation should:

1. Be in the know

Being tech-savvy is another advantage for young generation, as there are apps, online courses, financial and educational property websites, blogs and social media, which offer valuable guidance for you. What matters most is getting your research done and get the right knowledge base before venturing into property investment. You should read up on books by financial and investment gurus, and attend talks and forums to get invaluable insights from property experts and investors. You can learn from their mistakes and avoid the pitfalls of property investment.

2. Buy to generate income

There are some young generation who are considering to buy the property for their own use, but i suggest that the best investment is to rent out the property. The investor would get capital appreciation and monthly rental at the same time and it’s not necessary to fork out money each month. So it’s better to let tenants pay for your investment.

3. Choose the right property

For the young generation to have a successful investment, it is important to choose the right property which will grow in value and will attract the potential tenants. You must start with smaller-sized units such as studio units and SOHOs priced below RM500,000. So it is best for you to evaluate the surrounding areas, the growth indicators and upcoming infrastructure, existing and future amenities, and so on.

Source : starproperty

Finally, to be successful in investment, these are the way that will help young generation to become successful in future. So, young generation must read these points and know about how to use the way for investments carefully.

For more information about Investment Tips, please visit the following website

Property Millionaire Intensive

4 Important Point for Investors

Buying a property is not that simple or easy as ABC’s. In order for you to be successful in property investment, you must do a detailed research to get the information of the property investment as much as you can and also find a intelligent investment strategy to use.

So for the four points that all of the investors should know to understand the way around property investment is :

1. Why invest in Real Estate? 🏠

Compare with other type of investments, investing in real estate is the investments that can bring many beneficial for you because it is a way to hedge against inflation. Property investment is considered as one of the best ways to grow wealth and leverage to purchase more property.

For example, if you compare between buying, holding and selling your real estate, you make money when you hold the real estate. This can happen in two ways, through capital appreciation and rental income. Capital appreciation guarantee increase in property value over time, whereas monthly rental can help with the mortgage and side income.

2. Get updates on current issues 🏠

Some might not be aware of this, but some current issues that are happening in the country can affect a property’s market value. Depending on the issue, it can either increase or decrease the property’s value. So, for the current issues that property investors must know are political stability, real estate bubble, depreciation of the ringgit, bank rules on mortgage loan, government curbs and also the implementation of Goods and Services Tax.

3. Be aware of pitfalls as an investor 🏠

Witnessing a high return on property investment could make one eager to buy without careful planning, research and preparation. This will bring high risk for your money.

The five pitfalls or mistakes that many investors made are :

🔓you just follow which investment that your friends buy because you see friends and relative buying property.

🔓 not paying attention to the absolute price versus psf value

🔓 imposing own value on property

🔓 buying during bad times or without a good deal

🔓 buying even though the property is not within budget

4. Think like a savvy investor 🏠

Investing in property is not just about making money, it is also about having the right mentality to make savvy investment decisions. You must always remember that property investment is not a decision to be made on impulse. When it comes to making profit like savvy investors, make sure that you are familiar with the concept of Finder, Financer and Funder. Then you can increase the probability of you securing a good property deal with these 3 concepts.

The most important things in property investment is to know the necessary in order to build a solid investment strategy. It is important to learn and understand the game of investing in property, and to maintain objectivity. You should also have to make sure that the property that you buy is always below market value.

Source :starproperty

Finally, i hope that these 4 points will very helpful in your investments and i prefer to invest in high-rise developments because it usually cost lower than landed property, and also because it makes quite good rental income.

For more information about Investment Tips, please visit the following website

Property Millionaire Intensive

Malaysia Property For Rent – Effective Choice For Estate International Investor And Brokers

Land and space square measure resources that may neither be created nor destroyed. As a results of this their price ne’er depreciates within the long run. In Asian country Property for rent prices square measure anticipated to extend at the speed of five.5% per annual within the course of consecutive five years.


Due to the boost in population Malaysia, Property Rent has also amplified a bit. This increase is also ascribed to the large interest shown by customers who use Property Websites to Rent Flats and Condos while browsing Malaysia for buying and holidays. This has led to much more amount of Serviced Apartments in Malaysia in ideal locations. Cities like Penang and Johor appeal to foreign speculators and website visitors for its Scenic Beauty and very affordable Property Rent and Fees.

The vibrant and different Traditions of Malaysia allures several vacationers, and it is considered as one of the best areas to cease working in South East Asia. Its proper placement allows it to be well linked with Singapore, China and Australia due to which several repeated tourists choose to lease a Malaysia property for rent.

The existing government coverage also encourages assets by minimizing taxes on property ownership in Malaysia to virtually nothing. Most non residents use Property Websites to track prices and purchase, sell or rent properties in Malaysia. This permits them to review different properties in Malaysia and close deals with ease.

Source: Artipot


Thus all indicators thought-about the degree of Asian country property for rent has increased  because of the govt. Policy. this permits a growth within the country’s gross domestic product and choice of additional Property for rental in Asian country at low fees. The costs represented by Property Websites additionally mirror an equivalent trend and record cost-efficient Property for rental in Kuala Lumpur, Penang and additionally Johor.


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