Put on your reading glasses and check out these 5 essential property titles:
1. ‘Own A Property At 25’ – George Leong
It’s never too soon to start putting your money to good use and this book certainly helps young buyers get a perspective of homeownership in the early stages of adulthood. But even if you are past 25, it still holds valuable lessons to follow if you have yet to make a property purchase.
Delving deeply into the reasons why so many Malaysians are having affordability issues when it comes to owning their first home (e.g. inflated property prices, financing difficulties, etc.); this title will also teach you how to get around it by creating and sustaining multiple sources of income.
All property investors have to start somewhere, and with the help of this book, you’ll be motivated to kick start the process of buying your first home.
2. ’40 Questions You Should Ask Your Lawyer Before Buying a Residential Property In Malaysia’ – Khairul Anuar Shaharudin
Property matters can get complicated, especially when relating to the law. Still, a smart investor will not be content to just leave it to the “professionals” to interpret.
Nevertheless, rookie mistakes occur when you don’t know what to ask or even where to start. Having this book on hand will help direct your attention to the pertinent details that you need to query your lawyer about before buying a home.
The questions presented here range from basic ones like, “What is stamp duty?” to more intricate head-scratchers such as, “If the purchaser pays the lawyer on the developer’s panel, who does the lawyer act for?”
If you don’t know the answers, you might want to pick up a copy. Once you’re done reading this, you can also browse the author’s sequel that covers 40 more questions to ask your lawyer.
3. ‘How You Can Become a Multi-Millionaire Real Estate Investor’ – Milan Doshi
Author Milan Doshi is a popular fixture in the real estate world with his highly-effective books, seminars and training programs which help new (and even seasoned) property buyers capitalise on Malaysia’s real estate market.
Although the title of his book appears rather generic, the information contained within is anything but. This compressive page-turner is almost required reading for those who need a bit of hand-holding as well as a motivational push.
Use this book as a step-by-step guide to get clear on real estate investment topics such as housing loans, negotiations, selection, property taxes and best of all, how to garner a profit.
4. ‘How to Become a Millionaire Landlord: Maximise Your Income and Minimize Your Problems’ – Azizi Ali
With multiple best-sellers under his belt, author Azizi Ali gets you in the right frame of mind to take on the challenging but potentially rewarding role of landlord.
His take on cultivating rental incomes as well as buying property for this specific purpose is clever and generally presented in an easy-to-follow style.
Moreover, this book helps the reader tackle related concerns such as property types and locations that are best for renting, in addition to tips on financing. You’ll also learn more about the practical side of being a landlord, for example, how to collect rental payments on time and reduce maintenance issues.
If you enjoy his writing, you might want to check out Azizi’s earlier title, “How to Become a Property Millionaire” as well.
5. ‘Cock & Bull Of The Real Estate Industry’ – Enoch Khoo
Well this title pretty much says it all, doesn’t it? There is a lot of stinky information that surrounds the property industry, however if you are one of those who look for no-nonsense, straight-to-the-point insight, then this book is for you.
According to the author, there is no get-rich-quick system, which is a breath of fresh air when confronted with a consensus that sells the opposite. It’s a reality slap from a realty expert.
Apart from simply spewing truth about major players in the property market, this title also serves as a handy guidebook for up-and-coming real estate agents as Enoch Khoo draws inspiration from his time as a young negotiator right up to the success story he has now become.