Rental Income

This is the second time I collected rental income from my company for the month of May. It is an affordable $1k per month that is fully furnished and all paid for by the generous boss. He also paid for water heater to be installed and a big fridge that cost around $700 or so, which was bought from a retail shop downstairs showcasing many models of fridges and washing machines - something that we need on a daily basis. After factoring in the cost of the apartment, the rental yield is around 4%, which is better than fixed deposits sitting in the banks. Just the other day, I attended a property talk by Ahyat Ishak, a famous speaker turned property investor who is a third cycle goat; which means he is 36 this year - same as my youngest sister. Armed with an MBA and educated in a Chinese school, he has a very Chinese mind in a malay body. The 2 hour talk was entertaining and at the end of it, he took a video of the spectators raising up their hands and shouting hello as he zooms past us with his iPhone 6. Pretty cool guy and someone you would want to engage with for your property roadshows.