Master Your PROPERTY INVESTMENT Charity Seminar

Master Your PROPERTY INVESTMENT Charity Seminar in conjunction with iProperty Expo 5th-6th November 2011

I attended this seminar on 5th November at Sunway Convention Ctr. What attracted me was Milan Doshi being one of the 3 speakers. I skipped the final talk on overseas property investment.

These are the topics highlighted in the seminar brouchure. I'll do my best to recap what was conveyed by the speakers.

How to determine if there’s a property bubble.
It depends on whose perspective it's coming from.
Developers who are forever bullish will insist there is NO bubble or anything remotely close to that.
Prospective buyers who missed out the the property bull-run in the recent 2 years will bet their lives that the property bubble will soon pop.
Prospective sellers looking to cash out will naturally support no bubble argument.
You get the gist by now. But that isn't the answer you are looking for is it? The most satisfactory answer would be from Mr Doshi himself. 'No bubble, but due for a correction'

Is there such a thing as the “right” time to buy, sell, hold or refinance property?
It depends, again! Milan Doshi never has a yes/no or 1+1=2 replies.
Right time to buy on selective properties which mets his criterias.
Sell non-prime properties.
Hold properties in prime locations.
Refinance NOW, before the downturn when banks start tightening on credit.

Learn over 10 incredibly powerful property investment strategies that 100% applicable in Malaysia.
Really? There were 10 strategies? I'm not a good note taker. In fact, hardly any. I will cover all important info shared by Doshi and i'm sure that includes several of these strategies.

How to avoid costly mistake most property owners make.
This is more on mortage selection. Always negotiate with your banker and try with another bank if one rejects. Appeal with additional supporting documents such as fat bank account statements; never resubmit the same set of documents.

How to plan your mortgage financing.
Plan at least 6 months ahead. You may need to retain a certain amount of balance in the bank statement for 6 months as part of supporting document.

Just 2 steps approach to knock off 9 years of your loan tenure.
Pay 13 installments a year instead of 12.


How to participate in oversea property Investments at very low entry level.
Why buy oversea property? How it benefits Malaysia Property Investors?
Sorry, I skipped the 3rd segment. I got no answers to these.

How to choose the right Property Investment program for yourself.
Each of the speakers will 'sell themselves' at the end of their talks.
Milan Doshi's 2-day seminar costs about RM5K.
Michael's maiden mortage seminar goes for about RM3K.

Other Tips & Pointers by Milan Doshi:
- Singapore property market leads Klang valley
- Leaders of landed properties: Desa Park City & Setia Eco park
- Leaders of condominums : KL Sentral & KL Eco City
- Demand at KLCC/Mont Kiara areas is declining
- Kl Sentral is good as land is scarce & demand is aplenty.
- Cyberjaya is to be avoided by savvy investors. Plenty of land! Look left, right, front and back; empty land everywhere! Properties within walking distances from universities are OK but the moment you have to drive... beware. Puchong & SK offers better lifestyles; variety of food and entertainment.
- Assert caution on contractors turn developers. construction and development are 2 very different playing field in the same line. They may not be able to deliver a concept, are not reputable and like to cut cost.
- Keep an eye on the stock market. They are a precursor to the property cycle.
- Go for reputable developers with solid track record if you wish to sleep soundly for the next 3 years.
- Buy below market price
- Watch out for irrational exuberance. Results in over supply. Ie: KL Metropolitan naza
- Refinance. O/D or flexi loan. Have funds on standby. It's easier to refinance in good times.
- All purchases must have exciting future upside, such as infrastructure & malls
- Learn, Network & Earn before investing.

I save the best for last.
Where are we at the property cycle?
We already at the peak, if not very near, according to Milan Doshi.

I will be attending another seminar by Milan Doshi next month. A 3-hr talk which covers more than this charity seminar. I really would like to go for his 2-day seminar if not for the hefty price tag.

Would you like me to cover on the next seminar?
Has anyone attended his full 2-day seminar? Any feedback is most welcome.