Finding High Rental Income Property GEMS
How To Spot GEMS Property To Get High Rental Income
What properties can you own that will help you collect a high rental month to month, year to year, and forever?
Help you retire and enjoy a wonderful life?
Pursue your dreams and offer the very best of life to your loved ones?
For me, I looked for property GEMS to achieve that.
First, G stands for Growth Area
What’s a growth area?
This is an area whereby the government has invested billions of dollars.
For example: building a new township, business district, high-tech center, technological hub, major train station, and other major developments.
The government would have to spend billions of dollars clearing the land, improving the infrastructure, developing amenities and facilities, and establishing an ecosystem of support and services.
The private sector has also poured in billions of dollars into the area, for example, building shopping malls, industrial parks, and recreational and leisure facilities.
As a result of these billions of dollars of investments, it’ll push up the price, value and profit potential of properties in that area.
I target growth areas where the supply is limited and the demand is growing strong.
Case in point, I was among the first to buy three condo units at the Marina Bay Area.
Billions have been spent to turn it into the next Central Business District, and banking and financial hub.
I bought the units cheap.
And with inner city living as a trend, I was able to rent out the condos and fetch great rentals.
I can share with you many more of such examples.
Second, E stands for Existing Tenant
Most of my properties have either a credible tenant in place or a tenant that’s moving in.
For example, I bought a property that was directly opposite a new campus of a prominent university.
The university was located close to the city.
There wasn’t enough properties around the university.
I was able to have ongoing rentals from either students or executives working in the city.
And the rentals have been growing over the years as the university and city continue to grow.
And the rentals not only service my bank mortgage, I also have money coming into my pocket – month to month and year to year. Forever.
If I have time, I can show you many more of such examples, you can join me in my upcoming seminar.
Third, M stands for Market Demand.
In every city and country, there will be areas where there will always be a strong demand from buyers and tenants – even during a crisis.
Let me share with you an example.
During the SARS crisis, I bought a property at one of the hottest parts of Orchard Road and right at the heart of the business district and shopping belt.
If I tell you the price, you will fall off the chair.
Let’s just say it’s the price of a low end condo unit.
Absolutely no problem getting rentals.
I can show you many of such properties and prove to you why even during a crisis, the prices and rentals will hold steady and even go up.
Fourth, S stands for Special Properties that cater to a targeted niche market.
These properties are demand-driven properties and will enjoy growing demand and rentals.
For example, after a particular government and the private sectors have invested billions of dollars to build a second CBD.
I was among the first to buy a property there and bought it really cheap.
I have a steady stream of potential tenants and the rentals will continue to increase.
Another example, a major company identified a hot area for service offices.
They rented our properties to c aster to a special market and signed a long term tenancy agreement with us.
We can enjoy great capital and rental profits for years to come.
Join me in my upcoming webinar, where I will have more time to share with you more examples.