Alhamdullillah my books finally arrived. I was worried that I woudn’t receive the books because it happened to me last time 15 years back when I ordered my first book at Amazon. My mistake when it didn’t arrived 15 years back I didn’t complain to Amazon.
Worry that it would happen again, I complained immediately after not getting my books. Fortunately I received the books yesterday and at same time I got refund on my postal charges from amazon as mentioned in my My Books delivery from Amazon are delayed.
Now I have to read 3 books about restaurants. I bought these books because I want to understand restaurant business but I don’t have any planning to open a restaurant though.
my books ordered from amazon arrivedmy books ordered from amazon arrivedmy books ordered from amazon arrived
I ordered few books at Amazon.com on 8th September 2018. According to Amazon, I shall get the books by 24th September 2018. Unfortunately till 27th, I haven’t received the books.
amazon order delivery
It worried me. Then I complained to Amazon via Live Chat. The customer representative told me that Amazon delayed the order processing and expected the books will be delivered to my house by 11th October.
The good thing the customer representative offered postal refund of USD19.96.
amazon live chat
Wow it really impressed me. Give me confidence buying more from Amazon!
Last week, we had to service our kitchen gas stove caused it was hard to ignite the fire. I never serviced my kitchen stove for the last 5 years.
How do you know when it is time to service your gas stove?
When you try to ignite, it is hard to get the fire as in video below.
When you get the fire, the fire is immediately switch off after you take your hand off from the igniter.
How to service it?
At first, I tried to do it myself to clean and service my gas stove. I read the internet on how it should be done. I tried to take out the fire burner but I couldnt remove it. Afraid that I might break my kitchen gas stove so I decided to call in professional repairman.
Hire professional to service my kitchen gas stove
I called few professional repairmen. Of course as usual, I tried to get the cheapest one. I got one repairman that would service my kitchen gas stove for RM80 – RM130 only. I set appointment, unfortunately the appointment was postponed few times.
I got fed up then I got one repairman who charged higher price (RM160), after calling he immediately set appointment and kept his promise to come to my house.
How the professional service it?
First he unplugged the gas hose from the gas stove and switched on the kitchen gas stove to burn all remaining gas inside the gas stove.
Then, he removed the fire burner by using a special hammer. He did it cautiously not to break the gas stove.
used special hammer to take out sticky fire burner from the stove
After removing the fire burner, he unclogged the burners using a metal brush. Then the repairman used high pressure air to remove the hard debris inside the fire burner.
He cleaned it using soap, wiped it with cloth and let it dried.
He then scrubbed the stovetop using metal brush and some soap. He used cloth to dry the stovecop.
Afterwards he used vacuum cleaner to clean any debris around the stovetop and holes in the stovetop.
vacuum the stovetop to take out all debris
vacuum the stovetop hole to take out debris inside the stove
After cleaning up the fire burners and stovetop, he adjusted the fire using levers under the kitchen stove.
after cleaning, adjusted the fire using levers under the kitchen stove
Finally, he spray painted my stovetop to grey and it looks like new stove!
The service took around 1 hour to complete.
My opinion on the kitchen gas stove repairman.
I highly recommended this guy as he is really professional keeping up to his promise and he knows his trade very well.
This book is an eye opener for me as it made me understand the difference between assets and liabilities. It teaches us to increase our financial literacy. A lot of adults make wrong financial decision due to lack of financial knowledge and never been taught at school on personal finance.
This book triggered me to read other books on investment.
rich dad poor dad
Manage Effectively Own Personal Finance Before Investing
Rich Dad Poor Dad made me wants to invest in real estate and stocks. However, I didn’t start investing directly as I think I need to manage well first my personal finance and to have the right behaviour to become financially free.
1. The Millionaire Next Door – Thomas J Stanley
The Millionaire Next Door is based on real survey on millionaire. It concludes most millionaire doesn’t spend their money extravagantly. They are frugal! I adopts few of behavior of millionaire into my lifestyle. Example, before reading this I was driving expensive car, now I just drive small non expensive but reliable that is no loan on it!.
the millionaire next door
2. Total Money Make Over – Dave Ramsey
Total Money Make Over, push me further on handling my personal finance. No debt and have emergency fund for rainy days. Only then start investing aggressively.
total money makeover
Investing In Real Estates
After I have my monthly budget, settle off certain of my debts. I started to invest in real estate. I scout around a lot of properties, evaluate based on given tips, add my on way of evaluation. Do the ROI calculation etc. I do that based on below books.
1. The Weekend Millionaire’s Secrets To Investing in Real Estate – Mike Summey & Roger Dawson
It taught me how to invest in real estate, how to come out with a deal and at same time how to negotiate. The steps mentioned are clear, pragmatic and realistic but of course not all can be applied in Malaysia. I read lots of property investment books this is one of my top choices.
the weekend millionaire secrets to investing in real estate
2. How You Can Become A Multi Millionaire Real Estate Investor!
I read this book to understand what is the cost of legal fee on Sales & Purchase agreement, loan agreement and others where it is applicable in Malaysian properties investment. It taught me how to understand the process as well.
how you can become a multi millionaire real estate investor
We started sending our kids to pre school starting age of 5 years. Selection of school are based on syllabus or activities which are balance between education, social skills and creativity development.
Since they went for kindy for 5 days a week, normally we will sent them to a play area during weekend and swimming class. (more to surviving skills)
At age 6-7, we sent both to music classes, which enrolled our daughter for Electone class while son went for drum class.
Our daughter only last for 1 year half and decided not to pursue anymore. As we observed that she likes to climb and jumping then we sent her for a gymnastic class. Seems that she is happy jumping, cartwheel, forward roll, front flips … we let her continue doing;
Estimate monthly rental value of targeted tenants.
Derive properties price suitable for the targeted tenants.
To achieve the studies objectives, I need to have facts on
Number of households in Malaysia and specifically for Selangor as I invests mostly in Selangor.
Estimated income level of each household
Malaysia Income Level
Malaysia households are categorized into three major income groups.
B40 – or bottom 40% with median income of RM3,000 (Y2016)
M40 – or middle 40% with median income of RM6,275 (Y2016)
T20 – or top 20% with median income of RM13,148 (Y2016)
malaysia household b40 m40 t20 household income
Number of Household In Malaysia
In 2010, number of household is around 6.35 millions. Lets say I estimate by 2018 the number of household is around 10 millions.
In 2016, 19.9% Malaysian population resides in Selangor. Hence number of households in Selangor is 10 millions x 19.9% = 1.99 millions.
malaysia number of householdmalaysia population distribution
Rental Affordability for Each Household Group & Targeted Property Price
Assumptions:
All household group only willing to spend one third of their income for rental.
Property price is estimated based on monthly loan equal to monthly rental affordability and calculated based on 4.5% interest, for 30 years tenure and with 10% deposit.
No
Household Group
Median Income (RM)
Malaysia Total Number
Selangor Total Number
Rental Affordabilty (RM)
Property Price (RM)
1
B40
3,000
4,000,000
800,000
1,000
220,000
2
M40
6,275
4,000,000
800,000
2,100
460,000
3
T20
13,148
2,000,000
200,000
4,400
900,000
Conclusions:
I target mostly to B40 household group. Hence, I need to purchase properties within RM220,000 range.
I don’t target M40 or T20 as they can afford to buy they own house, hence vacancy rate will be higher than targeting B40.
I installed Chitika ads at my website www.ikatankasih.my. I didn’t realize I tried it from April 2017 till June 2018. Unfortunately it doesn’t bring any income during that period.
It might be due to lack of hits from my websites. On average my website clicks from Google Search is around 380.
Windmill Upon Hills is a freehold condominium located at Genting Highland, Pahang. Specifically it is located at Genting Permai near Petron and Starbucks.
Below are pictures that I compiled from February 2017 till August 2019.
Updated till August 2019.
Target completion is October 2019.
(sources from Windmill Upon Hills Facebook & others)
Please join owner Windmill Upon Hills Telegram Group Chat
windmill upon hills genting residents lobby @ august 2019
windmill upon hill genting jacuzzi @ august 2019windmill upon hill level 9 facilities @ august 2019windmill upon hill level 9 facilities @ august 2019windmill upon hill level 9 facilities @ august 2019windmill upon hill level 9 facilities @ august 2019windmill upon hill level 9 facilities @ august 2019
windmill upon hills progress 21 june 2019windmill upon hills progress 21 june 2019windmill upon hills progress 21 june 2019windmill upon hills progress 21 june 2019windmill upon hills progress 21 june 2019windmill upon hills progress 21 june 2019windmill upon hills progress 21 june 2019windmill upon hills progress 21 june 2019windmill upon hills progress 21 june 2019windmill upon hills wb 27 unit progress – 25 april 2019windmill upon hills wb 27 unit progress – 25 april 2019windmill upon hills wb 27 unit progress – 25 april 2019windmill upon hills wb 27 unit progress – 25 april 2019windmill upon hills wb 27 unit progress – 25 april 2019windmill upon hills wb 27 unit progress – 25 april 2019windmill upon hills wb 27 unit progress – 25 april 2019windmill upon hills wb 27 unit progress – 25 april 2019windmill upon hills wb 27 unit progress – 25 april 2019windmill upon hills genting common area – 25 april 2019windmill upon hills genting common area – 25 april 2019windmill upon hills genting common area – 25 april 2019windmill upon hills genting common area – 25 april 2019windmill upon hills genting common area – 25 april 2019windmill upon hill 16 april 2019windmill upon hill 16 april 2019windmill upon hill 16 april 2019windmill upon hill 16 april 2019windmill upon hills progress 13 april 2019windmill upon hills genting progress 22 march 2019windmill upon hills genting progress 22 march 2019windmill upon hills genting progress 22 march 2019windmill upon hills genting progress 22 march 2019windmill upon hills genting highland march 2019windmill upon hills genting highland march 2019windmill upon hills genting highland march 2019windmill upon hills genting highland march 2019windmill upon hills genting highland march 2019windmill upon hills progress 17 february 2019
windmill upon hills progress 17 february 2019windmill upon hills progress 24 january 2019
windmill upon hills progress 24 january 2019 – 2windmill upon hills progress 24 january 2019windmill upon hill progress 22nd December 2018
windmill upon hills progress 14th November 2018
windmill upon hills progress 14th November 2018 roof top
windmill upon hills progress 27 oct 2018
windmill upon hills genting permai progress september 2018
windmill upon hills genting permai progress september 2018
windmill upon hills genting permai progress september 2018
I have been a landlord since 2008. It has been 10 years now. Based on my own experience, there are few type of tenants.
Tenants can break or make your life easy. Therefore, it is crucial to screen tenant carefully.
So I came out with my own guidelines to screen my tenants. I made mistakes at the beginning because I want so bad to have my unit occupied and money flowing in.
Based on my bad experience, I would rather leave my unit vacant till I ll get the good one.
Below are my guidelines based on my experience. Other landlords might have different views. I don’t suggest anyone to follow blindly my guidelines.
Few criteria to be considered:
Household Type
Attitude
Appearance
Financial Strength
1. Household Type
Household Type \
Factors
Family with Young Kids
Family No Kids
Single Alone
Together with Friends (Men)
Period of stay
2 - 4 years
2 - 4 years
3 - 4 years
1 - 2 years
Rental income
Sustainable
Sustainable
Sustainable
Ask for discount if one of members leave and no replacement
Pay on time
Yes
Yes
Yes
No if suddenly one of members leaves
House conditions
Graffiti on wall
Clean
Clean
Dirty
Complaints
Sometimes
Sometimes
Sometimes
Sometimes
Utilities are paid?
Yes
Yes
Yes
Need to monitor and inform
Person in charge
Remain the same
Remain the same
Remain the same
Keep changing
Recommended
Yes
Yes
Yes
No
2. Attitude
Ensure tenants are soft spoken, not demanding or not complaining so much on the house. Example saying the house has so much dust (even in actual fact no). If not, if they become your tenants, they will make your life miserable by complaining a lot.
3. Appearance
Appearance is important to check whether the tenants will take care of your unit or no.
You can check whether their hair is well trimmed, taken care off. Their shirts are ironed. Besides, if can meet them near their car would be good. You can see whether their car is a mess or not.
4. Financial Strength
You can check this one easily by asking for deposit. If they negotiate please raise the red flag.
Please also try to dig where do they work to check sustainability of their income.
