Real Estate: Still a good investment?

Real estate is a popular investment option among many Singaporeans. ShareInvestor caught up with Mark Goh, Property Investment Trainer of Marko and Friends to find out more about the landscape of property investing and his thoughts if it is still a good investment.

What started you on the journey of property investment and eventually becoming a property trainer? What are the challenges encountered as a real estate investor?

I realized that my income from work will never give me family time. It is always one or the other so I looked for ways to invest for additional income. Since my first property seminar, I made some money, so I carried on and learn from more coaches. When I realize they have differing techniques, I compiled the best from each and made into my own investing manual.

I was encouraged by my peers to start teaching as they were losing their businesses and jobs. At first, we held events at mostly people’s flat, followed by meeting rooms, seminar rooms and recently at Singapore Expo. I saw how many lives were impacted. With such strong results and encouragements, I decided to start coaching full time.

The biggest challenges come from within me – the noise, the chatter, my stories – my self-limiting beliefs. I still spend time to learn from top coaches in the region to constantly improve my skills and knowledge.

In this rising interest rate environment, is real estate still a good investment? Why do you choose industrial properties over residential or commercial properties?

We do not only invest in industrial properties. We also invest in offices, shops, residential and other properties as I akin property investing to a fruit basket where there has to be different kinds of fruits, and not just one.

I have been through 3 properties cycles in Singapore, and I adopted different methods to different challenges in order to stay above the water. Whether interest rates are raising or lowering, one needs to know how to employ their strategies so that they can emerge as a winner regardless of the situation. The key is to Learn, Unlearn and Relearn.

Many have expressed their doubts over the legitimacy of ‘owning multiple properties with no money down’ strategy as it involves heavy financing and a lot of uncertainties. Can you further illustrate this approach? How can we minimize the risk?

To minimize risks, one has to understand the mechanics of the market and the risk appetite of the owner. Tony Robbins taught me that a successful investor is 20% technical strategy, and 80% mindset, beliefs and emotions. In my classes, I share both. About owning multiple properties with no money down, it is a well-known strategy that the rich have been using for generations. When used correctly, it’s very safe. But when abused, you can capsize.

What is unique about your real estate masterclass? For whom is this course best-suited?

With over 20 years of experience, I customize strategies for each student, and it includes a portfolio across different types of local properties. As long as you are willing to learn, unlearn and relearn and willing to walk the grounds, you will most likely benefit from this program.

Many average Singaporeans are now living with passive income using our methods, so many of them. In fact, you can read all about their stories in our Facebook page: https://www.facebook.com/MarkoAndFriends/

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