ASKING SEAN #024 | What should I do with my wrong investment?

In this episode, we will address a question from an audience regarding his wrong purchase of property. Now he is deciding whether to let out the unit and still pay the high different in installment or to just stay in the unit himself.  This is a great example of buying property without clear intent and research. As many are often convinced by the story and 3D images produced by developers or salesperson, sometimes it just takes a trip to the site to clearly tell whether is it a good property or not.  My suggestions were:  1. Furnish up the unit with the best ratio of cost vs return and rent it out to reduce the monthly burden 2. Stay in the unit and rent out the remaining rooms, while save on the current rental cost of the current house 3. Cut losses and sell the property, even with zero profits For more questions, kindly email me at [email protected] and I will try to answer as many as I can.