Tips to be property millionaire

These are some highlights from a handout that Doshi shared in his property intensive preview.

• Have a firm idea on your financial goals. Otherwise, you won’t know which direction to head to. Some examples of financial goals include knowing the number of properties to invest in, your desired passive income, investment strategies you want to apply, and so on.

• Individuals who are less than 35 years old should focus on maximising their earning potential as they are at the prime of earning age.

• Invest in low-risk commercial properties that give high returns of over 8% per annum, with low entry costs.

• For beginners, it’s advisable to start investing in apartments of condominiums as it’s easy to achieve zero or positive cash flow every month, as compared to landed house.

• When you get married, you buy a dream home right away. Instead, it makes more sense to buy an investment property and rent a home for the first 10 to 15 years of your married life.

• Instead of buying costly high-end residential properties, you could invest in commercial properties that give the best of both rental returns and capital appreciation.

• It’s always worthwhile to pay a premium and buy the best properties in great locations.

• Savvy investors creatively buy one property a rear or even one every few months with little or no-money-down.

• Most people’s financial goal is to retire debt-free at age 65. Smart investors aim to retire at age 45 or earlier, by accumulating good debts of at least RM3 million via property investments.


You focus on hitting a certain net worth instead of generating passive income. For example, when you retire debt-free, you must have RM1.8 million in fixed deposit at 2% per annum in order to get RM3,000 per month. Instead, one might be able to get the same amount of passive income by investing RM500,000 in properties.