Investing in Real Estate - Gary W. Eldred

One other thing that I wanted to start learning about this year is real estate. Not sure what my objective right now is yet - for investing or simply for finding a place to stay. And not sure when I'd go in too - whether now or a couple of years later. Nonetheless, as the saying that luck favours the prepared mind, why not start now.

This is a rather straightforward book about the basics. The key idea behind investing in real estate, I feel, is that it allows you to leverage your initial capital many times over.

Not much that I can write here on the specific learning pts as there is a significant amount of calculations that are stated in the book that are not easy to reproduce. However, the key learning pt from these calculations is that there are many variables at play - interest rates, amount of loan, amount of capital, length of loan, etc that influences the eventual cash flow.

I think the next step is really to try to dive into the property market in Singapore and get a sense of the prices, what areas are good, whether the market still has room to grow and when is the right time to go in.