Buy or Build?

Many newbies would have such doubts: Buy a ready property or build a standalone farm? Good question, and this is my expertise....hehehe.

Before becoming a farmer, property investment is my favourite "hobby". Property investment is a passive income stream, I love it the more I know about it. The theory is you use OPM(other people money) to invest. Why OPM? You only need to come out with 10-20% of the property price to own one, and your tenant pay for the rest of 80%...and by the end of 20 years after your instalment is fully settled by your tenant, your property should appreciate by double from your original price. Using 20% to hedge for a 200% gain! No wonder all rich and famous are property and real estate investors. And another added beauty of property investment after knowing about swiftlet ranching is you can use your untenanted second or first floor for swiftlet ranching! You never wasted a single inch of your property! This is always my first choice.

However, here come the trouble of using a commercial shop lot for agricultural purpose....hmm, this is why the trouble with Penang and Melaka ranchers now. Building a standalone farm on an agri land becomes the new trend in Malaysia. However, building a standalone farm requires hard cash, 100% on your own. Perhaps the most viable way is to JV with someone you know, like your friends and relatives. Look for a good location and work on it!

Happy farming!