ASKING SEAN

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  • Опубликовано: 24 авг 2024
  • Link to join my team in property investment club: bit.ly/3DxoxWS
    Use promo code: SEANTANMAKEOVER22 for property makeover: wa.link/0ea7rb
    In this episode, we will go through a mistake by this audience who blindly took his friend's agents word and now suffering losses in his portfolio. Let's learn from this together.

Комментарии • 91

  • @DrViolette
    @DrViolette Год назад +45

    Very good advice at the last 3 minutes! Love the fact that despite all the mistakes, you still encouraged David by saying it’s not the end of the world, and to have the right mindset to face his challenges ahead. Some really tough love right there in this episode. Thanks Sean!

    • @AkIInGkO
      @AkIInGkO Год назад +2

      Totally agreed 👍

    • @iherng
      @iherng  Год назад +3

      We all need more love and positivity!!

  • @jasonwong2317
    @jasonwong2317 Год назад +36

    Recipe for disaster learnt from this episode:
    1. Go All In for investments you know nothing about
    2. Leverage on leverage on investment too good to be true
    3. Being greedy and stupid simultaneously (Being any one of these do much lesser harm but not when being both)
    Key take away for the video: Even in the worst case, no need to jump from top of the building, just declare bankrupt.

  • @frederickho348
    @frederickho348 Год назад +8

    As an international property investors for nearly 30years, this advice is fantastic and the best

    • @iherng
      @iherng  Год назад

      Thank for sharing!!

  • @gohkahchin2437
    @gohkahchin2437 Год назад +21

    Better act fast, don't forget bank interest is multiplying your deficit now. Remember that we always pay 2 house price to own 1 house.

    • @Bearbearbear21
      @Bearbearbear21 Год назад +2

      Pay cash la. Bank cannot earn your money 😂

  • @roybenedict9045
    @roybenedict9045 Год назад +33

    The amount of passion in this video, its confirm speaking from experience and pain

    • @iherng
      @iherng  Год назад +9

      100%!! Been there done that!!

  • @khoojustin2710
    @khoojustin2710 Год назад +10

    Just my little suggestion, by doing fully furnished for your unit, can investigate whether possible to partition and add more rooms option to get high rental amount by renting rooms which will turns you higher return. But again, do homework to study if is feasible, it’s just a little way to solve the issue.

    • @iherng
      @iherng  Год назад +2

      Nice!! Great suggestion Justin!!

    • @khoojustin2710
      @khoojustin2710 Год назад +1

      @@iherng Always learn from you!!!

  • @joshualai888
    @joshualai888 Год назад +5

    Very insightful. I agree with him about being greedy and never trust agents fully. Do your own homework and lastly, location, location and location.... Good luck guys and thank you Sean for sharing👏🏼👏🏼👏🏼👏🏼 Love your videos and your intro "what's up" 🤣👍🏼

  • @newschaser6414
    @newschaser6414 Год назад +4

    I don’t quite agree with the lazy part, I think it’s more on being easily persuaded and misconceptions of what agents and people have been preaching in the society. How things have been painted so good for property. For example, “property is a good investment” which in reality it is not. Or “you must own a property” which in reality, no it’s not necessary. All these can reduce doubts of a person on thoughts of the possible underlying issues when you purchase a property since this is a “good investments”. It has been a norm.
    I also learned it the hard way. Regardless, I wish the best to this brother. Hope he recovers soon 🙏❤

  • @calebfwm
    @calebfwm Год назад +6

    Brave straight forward hold no prisoners sharing. Thank you Sean

    • @iherng
      @iherng  Год назад +1

      Thanks for watching Caleb!!

  • @francispua3210
    @francispua3210 Год назад +3

    Study about location is very very important, don't blindly invest into properties. Not like beli sayur from pasar.

  • @jasonj7241
    @jasonj7241 Год назад +5

    Nowaday people buy property first is think how to earn and flip, not just want to has a home

  • @kennethtan6789
    @kennethtan6789 Год назад +5

    Good to see you embark on this variation to your content subject matter. suggested title: Nightmares with iherng or Friday the 13th with iherng? Kudos.(watching this in London)

    • @iherng
      @iherng  Год назад +3

      I’ll be there next month hahaha. Thanks for watching as usual Kenneth! Appreciate the name suggestion hahahaa!!

  • @nickloong
    @nickloong Год назад +1

    It's not the first time hearing such investment disasters due to one word, Greed! Many have gone bankrupt at a young age due to this strategy. Bite the bullet and start consolidating your portfolio. It is the best way to go!

  • @gomugomu4489
    @gomugomu4489 Год назад +7

    He is 32 still young. I have seen many people double their salary at this age in Singapore. Can one. Ganbatte!

    • @iherng
      @iherng  Год назад +4

      Yes!! Lots of possibilities!!

  • @ThomasKumar59
    @ThomasKumar59 Год назад +1

    Hai Sean, I am Thomas Kumar from Bandar Botanic , Klang.Found your property info splendid and very informative.Importantly , you are well informed.Keep it up and I have recommended you vlog to others as well.

  • @KB-lv3vo
    @KB-lv3vo Год назад +8

    Exactly. Well said. These people are lazy and greedy and when things dun turn out the way they want, they blame it on the agent. They blame it on real estate, real estate cannot make money one la. All I gotta say is serve u right 😂Not putting any effort and thinking ur money will grow.

  • @manuelgakim8964
    @manuelgakim8964 Год назад +1

    Bersyukur selalu dan yang penting masih hidup.

  • @andysetia6771
    @andysetia6771 5 дней назад

    Some of new property looks very promising with high rental yield. But over sometime the rental rate drop following market demand. How investor should analysis the future risk like I mention?

  • @penguinno2468
    @penguinno2468 Год назад +4

    If it sounds too good to be true then its too good to be true

    • @iherng
      @iherng  Год назад

      Absolutely!!

  • @e30ygc
    @e30ygc Год назад +9

    Sean...like that part of you in motivating this poor guy. I also hope he can snap out of this rut.

    • @iherng
      @iherng  Год назад +4

      Yea. Sometimes all we need is some form of encouragement! Spread more positivity:)

  • @krisztinafoo27
    @krisztinafoo27 Год назад +8

    Brilliant episode!

    • @iherng
      @iherng  Год назад +2

      Thanks for watching Krisztina!!

  • @justinalim
    @justinalim Год назад +2

    Hi Sean, thank you for sharing your opinion and advice on property investing. I love your content! Can I give a feedback? for the story scenario, can it be display in the video ?

    • @iherng
      @iherng  Год назад +1

      Thanks for watching. However sometimes they are too much personal info within the email, so I kinda filter them out when I read. Let me figure out another way lah.

  • @mohamadfaiz2967
    @mohamadfaiz2967 Год назад +4

    This person is greedy af. But his friend is the worst. Even if you have 10k surplus each months, buying 4 property is insane..

  • @parrtipan
    @parrtipan Год назад +2

    Hi Sean, Very good advice. Love watching your video's. Its very informative and simple. Keep rocking and do more buddy.... cheers

    • @iherng
      @iherng  Год назад

      Thanks for watching pan:)

  • @iUncleBladeYJ
    @iUncleBladeYJ Год назад +3

    When you said higher rental = higher valuation. According to who? The market or banks? If banks recognize it does that mean you can refi out the difference?

  • @jylaw9495
    @jylaw9495 Год назад +3

    Bought 4 properties and none are making profits 😮 you need to learn from mistakes

    • @newname3718
      @newname3718 Год назад +4

      all are overpriced tbh. Most likely bought during 2015-2017

    • @iherng
      @iherng  Год назад

      Yupe. Most are priced along with room for rebates and cash backs. If the cash were kept, this discussion would be way easier haha:)

  • @jenniferloh2914
    @jenniferloh2914 Год назад +3

    If declare bankrupt, need balik kampung cannot work in Singapore ....

  • @avaxis
    @avaxis 6 месяцев назад

    More “investors” need to watch this. End of the day, don’t blame the property agent because you need to take responsibility for your own action. The agent didn’t force him to sign the S&P. If can buy a property and straightaway make money, why would the agent sell to you? 😂 the agent will sell to his father mother brother sister cousin neighbor and his neighbor’s dog before selling to you.

  • @stepoen
    @stepoen Год назад +2

    Very solid advice.

    • @iherng
      @iherng  Год назад

      Thanks for watching Aaron;)

  • @wh-gg7du
    @wh-gg7du Год назад +1

    Good luck bro, all the best

  • @sherrykoo6103
    @sherrykoo6103 Год назад +2

    You are still Young 👍👍👍
    David gambateh 💪💪💪

    • @iherng
      @iherng  Год назад +2

      Yupe!! Still a long way to go! Love the positivity Sherry:)

  • @mahadhirisaable
    @mahadhirisaable Год назад +1

    Thanks!

    • @iherng
      @iherng  Год назад +1

      Thank you so much Isa!! Appreciate the gesture;)

  • @joshlee9396
    @joshlee9396 Год назад +6

    This is the kind of unethical agent that spoil the entire industry

    • @iherng
      @iherng  Год назад +2

      Unfortunately… that further highlights the importance of being informed!!

  • @ivanlkf
    @ivanlkf Год назад +2

    do you allow property agent to used your video content for showcasing in property fair ? I saw your video being used at property fair previously.

    • @iherng
      @iherng  Год назад +4

      Well I don’t mind lah since I critique the project objectively anyway. Thanks for asking Ivan:)

  • @newjourney9220
    @newjourney9220 Год назад

    Market rate and market price are two different things.

  • @meercus
    @meercus Год назад +6

    "Dont blindly trust anybody"🤣

    • @iherng
      @iherng  Год назад +3

      Even if it’s family and friends… haha:)

  • @daryllim4826
    @daryllim4826 Год назад +1

    Saville omg..... Pls don't send me to jail

  • @gohkahchin2437
    @gohkahchin2437 Год назад +4

    4, you really 4 liao now😅

    • @iherng
      @iherng  Год назад +4

      It’s not the worst case lah. With patience and hardwork, he can go through this:)

  • @leon1078
    @leon1078 Год назад +1

    Haha , x 3 not enough , must x 4 then maybe enough

  • @Sllee93
    @Sllee93 Год назад

    What a solid episode.

  • @realtjliew
    @realtjliew Год назад +1

    Actually, will you do a podcast or video about smart home in Malaysia for both iOS & Android users?

    • @iherng
      @iherng  Год назад +1

      I’m still trying to get smart home experts or suppliers on my podcast actually. Any recommendations?!

  • @fatmann6201
    @fatmann6201 11 месяцев назад

    Do u know the majestic luxe project. Can a comment..

  • @KhaiFirst
    @KhaiFirst Год назад +1

    11Kview only 300like ? what guys drop that like!

  • @semileong
    @semileong Год назад +1

    Check out 18:43 for best joke of the month or year? Hahaha..... 😂

  • @tangchuengkhai
    @tangchuengkhai Год назад +2

    Maybe you want to find Adrian wee

    • @iherng
      @iherng  Год назад +1

      I don’t think he can help too hahahaha.

  • @aaronadam4747
    @aaronadam4747 Год назад +2

    No wonder most agents are handsome or beautiful.

    • @iherng
      @iherng  Год назад

      Hahahahahahaha.

  • @nickcdiaz1349
    @nickcdiaz1349 Год назад

    4 properties under his name, with an ok surplus and a personal loan that an agent is paying? Man, this dude is rather shady. Drug dealer or what??😂

  • @roslidawati
    @roslidawati Год назад

    Paling sedih ejen yg cetek ilmu

  • @southadam
    @southadam Год назад

    GG David.

  • @MyMomSayNoDota
    @MyMomSayNoDota Год назад +1

    change identity, stay in singapore.

  • @JCDeltaCh
    @JCDeltaCh Год назад +1

    im so scare to click in this video...

    • @iherng
      @iherng  Год назад +1

      Well it’s fine hahaha. Lots of points to learn from this episode!!

    • @JCDeltaCh
      @JCDeltaCh Год назад

      @@iherng ya man, as always, thanks for your sharing ! 🙏🏻

  • @ssddsquare
    @ssddsquare Год назад +1

    Can you be my friend and help me furnish my unit? :)

  • @jokerkuek3774
    @jokerkuek3774 Год назад +1

    Nowadays a lot of conman

    • @iherng
      @iherng  Год назад

      Well it’s our responsibility to stay informed!’

  • @dariusyap5073
    @dariusyap5073 Год назад +2

    Sounds like your past tragedy

    • @iherng
      @iherng  Год назад +1

      Mine was way worst haha:)

  • @hodlsapiencrypto9067
    @hodlsapiencrypto9067 Год назад +2

    I really dont get why people have to state their age and earnings lol? Sounds like ppl wanna show off if u ask me especially ones working in singapore lol

    • @iherng
      @iherng  Год назад +22

      Well that allows me to estimate their options better too. It would entirely different from a person in his 30s versus 60s. Income also help. It’s all about context.

    • @newname3718
      @newname3718 Год назад

      why not though? hahaha you do realise the companies deliberately encouraged the "pnc" culture to avoid us to compare among ourselves right?