IUE Property Investment

I'm just excited last weekend after ordering my first signboard for a house I'm about to rent out. Obviously my tenant would be students.. or others but I'm always a bit worried if those are going to be students. So I sort of "beef-up" the house a little bit; get some builders to brick up my fence and lay a new coat of paint; also planning to erect awnings both at the front and back of the house. That would be our "IUE Housing" house template for all future investment.

Guidelines from my "seefuu":-

1. Invest in at least in 5 houses.
2. Target price should be RM100K-ish I suppose plus/minus 10K.
   
3. Invest in terrace house or apartment ONLY.
4. The house that you've invested in MUST be at least 1 hour traveling distance from where you live. Hence invest ONLY in KT or Kuantan.

The current plan for the house is to have it refinanced first to Islamic Financing Scheme. Currently its being finance by MBSB. After the renovation the value would definitely increase to at least 10K then that would pay for the renovation cost and my next investment.

Yup! Interesting!