I don't really have regrets in life.What I do have are mistakes I made in the past that can be used to improve on my future undertakings. In investment, tipu lah if you don't make any mistakes. Sure got one. Here are my top three 'regrets' in my short investment history in properties.
1. Sell off a cash flow positive property.
I bought this property with my wife for roughly RM 170 K. It was in a rather hulu place. Nothing much there. It was miles away from the nearest restaurant and the developer wasn't that well known except for some political connections. It was in Shah Alam, but not in the Shah Alam people usually know. Back then, whenever I tell people which section it was in, people didn't even know the place. Malays will call it tempat jin bertendang.
1. Sell off a cash flow positive property.
I bought this property with my wife for roughly RM 170 K. It was in a rather hulu place. Nothing much there. It was miles away from the nearest restaurant and the developer wasn't that well known except for some political connections. It was in Shah Alam, but not in the Shah Alam people usually know. Back then, whenever I tell people which section it was in, people didn't even know the place. Malays will call it tempat jin bertendang.