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FR ebook-RETIREMENT PDF
FR ebook-RETIREMENT PDF
RETIREMENT INCOME?
Salam and hello there. My name is Faizul Ridzuan, and I guess most of you do not know
me yet. Allow me to introduce myself. Today, I’m known as per the following:
Author of the book “WTF? 23 Properties by 30”, which sold over 60,000 copies
to date.
I’ve been featured in Astro, TV1, TV2, TV3, BFM radio, and in various property
publication like Focus Malaysia, Property Insight, Home Finder, NST, The Star,
CEO and Founder of FAR Capital Sdn Bhd, an independant property advisory
firm that advise people where and what property they should be buying to
alone. 5 of them are now fully paid and targeting to fully pay off all these
properties in the next 10 years, and ensure that I can fully retire at 45 with
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Was able to resign from a RM18,000 per month employment at 32 years old,
Recently bought the recent edition Porsche Cayenne S before I reached 35th
My firm and I was invited to present a paper on youth housing in 2014, in front
of the current Prime Minister of Malaysia and his cabinet as part of the 2015
Budget initiative. And I was lucky enough to be invited after that to have lunch
with the Prime Minister and his cabinets (although we didn’t get to discuss
Firstly, I apologies if this intro sounded pretty baggie or sounds like showing off.
The reality is that most of us only wants to take advise from people that they deem as
successful so I hope this little introduction give you a glimpse of this unknown, unheard
of author.
Personally, I don’t consider myself as successful yet (perhaps until I get my RM50,000
passive income per month) but at 34 today, I live a very decent life.
And I got this all simply because I started investing in properties since 2005 and the
investments I made has done well enough to allow me to quit my high paying job,
pursue my passion, live in my dream house, and drive a decent car today.
So now that we get the pleasantries out of the way, lets us begin shall we?
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WHY AM I SHARING THIS METHOD VIA THIS EBOOK, FOR FREE??
I’ve done almost a thousand of 1-ON-1 consulting sessions in the last 24 months, and
I’ve spoken to many more during property events, Sarjana Hartanah, and webinars.
Amazingly, I found that people are still very sceptical that they can actually live very
decently if they invest wisely in properties. They often told me that I can do what I do
and I’m making the kind of money that I make today because I was special, and I have a
gift.
Is there anything special about me? You can decide once you learn my
background?
Truth to be told, I’m actually very average. I was born and grew up in Sentul, which was
I can’t recall seeing anyone rich there and up to 10 years ago, you can hardly see latest
The schools were consistent amongst the bottom 10 performing schools in the whole of
KL. Being born and growing in Sentul means you are surrounded by low income group,
I don’t have rich parents, and never had inheritance money or donation coming my way.
I’ve been working since I was 13 when I help my dad set up his carwash in Sentul after
he was let go during the 1997/1998 Asian financial crisis. Did OK during SPM despite
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ponteng kelas for close to 100-days that year. I studied software engineering in Uni
Malaya and graduated with a degree in Software Engineering (which is pretty useless
I had to work part-time at Starbucks for almost 5 years throughout my uni days because
I needed pocket money to pay for my scooter, that I use to commute everyday from
So for those who were wondering if I had the privilege of a nice silver-spoon life
nice car like owns the world despite never worked a day in his life.
Once I graduated, I worked as a software engineer for while and I don’t even work in the
property industry.
I couldn’t last 1 year a software engineer, when I decided I don’t want to talk to
computers anymore (programmers write codes to tell computers what to do). So I quit
Did okay there, and was offered to take up a job as a management trainee in a foreign
bank. Bought my 1st property here. Got promoted to a manager in a year, and then 2
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I started buying my first property barely 6 months into my 1st real job in a bank, and
been buying ever since. When I quite my job and tell my boss that she is fired, I bought
So why do I sibuk here trying to share my past? Because some of you will be making
The reality here is that my background was very humble and I hardly had any advantage
growing up or while working. They make my story seemed as if I was the lucky one
although what I did was to follow a specific process that I know works and repeated that
Lucky is an excuse many people use so that they don’t have to try. And there are many
more excuses that people will tell me and I’ve compiled them so that you can
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Common excuses people give
properties?
I don’t have money to invest I started with only Rm2000 capital. And I have
I’m just an employee, how to buy I bought 25 properties as an employee. Its actually
I know a few people lost money So do I. But there are allot more people who made
in properties. money than the ones that loose over a long term.
fool will part with his money faster than he can say
I cannot get loan Understand how banks approves your loans so that
Boss don’t give me bonus this More reason to invest so that you can create your
I don’t know where to buy? This is learnable provided we put the effort and
I want to focus on my career first I’ve seen people who lost their job at 45 years old
back.
I need to get married soon so I have my wedding paid for by my tenant. You can
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need to reserve a lot of cash for do the same if you invest in properties 5 years
I want to buy that car to look cool You know what’s cool? Driving around in a Porsche
first. Then only I go buy a house. that is paid by someone else ( Not from donation )
Job not stable now, better not 1. When jobs are stable, the property you want will
bargain.
Want to buy my dream house If you invest first, someone else will buy you your
first before I start investing dream home. I only bought my dream house in Mont
cash.
invest in properties?
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So you see, all excuses are just excuses. In the words of Jordan Belford:
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Why properties and not other investment?
Upon graduation, I started researching on ways to grow wealth and after seeing all
forms of investment vehicle made available to a 23-year old, I decided and knew
properties was the best fit for me. It is the only investment vehicle I know where I can
start with zero capital, and I can actually get another sucker to legally paid for things
that I own.
I can’t borrow money to buy stocks, unit trust or gold, but banks are always happy to
Ask yourself, why banks are willing to let you borrow money cheaply for 35 years when
What’s so difficult about understanding buying something that you can rent higher VS
I’m basically saying that anyone who can count money can invest in properties, which is
Stocks require a full understanding of the business that you invest in. Otherwise, you are
just gambling and sometimes you will win, but you can also loose.
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You need a lot more intelligence to make RM100k in equities/stocks compared to
properties. I’m basically saying due to my limited intelligence, properties fit the bill for
me. Plus, need to use own money to buy stocks, which sucks.
3rd reason, is that I think you can control the outcome of your properties much better
I can’t stop a company who is about to hire an idiot CEO to run the company, but I can
I can rent bare, partly furnished, fully furnished, long term, medium term, short term if I
want to increase my yields. If I buy gold / currency / equities, I have no control on what
And since I realised I don’t have the intelligence to master many forms of investments, I
decided to focus on properties. And it has paid off big time for me. I made my 1st million
cases, I help advise people how to accomplish their financial goals using properties. In
one of my post, there were many who requested that I create a guide to give them some
ideas on how to achieve their financial objectives using properties. So here I am, sharing
my methods so that people can open their minds and realize the power of investing in
properties.
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The other reason, I used to have a colleague who struggled to save money for her kids
I think she would have been a lot more comfortable if she has invested in some
properties and sell those properties off to fund her children education fund. Its not easy
Most of use hardly have RM100,000 in the bank, let alone RM2mil. She has to save
approx. RM13k every month so I can see it was very taxing for her.
Not something that I want to do at 45 years old so I hope my sharing here will be able to
give some ideas on how people can send their kids for a decent overseas education
Today, I see people that are stuck in jobs that they don’t like, with the boss that they
They can’t afford to resign without an offer elsewhere as they have bills to pay and huge
Wouldn’t it be nice to have the option to resign anytime and work in a job that you truly
like?
Today, I see parents worrying about not having enough to send their kids for an
overseas education, as the local education system is unfair and they suck anyway
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They ended up working and saving for 30 years to send their kids to UK in the hope of
having that great education with hopefully a good pay check later.
And then their kids drop out from school because they rather pursue art or political
which their parents prefer today, good doctors and good lawyers are paid a lot.
Today, I see people STUPIDLY pay RM300,000 to RM1Mil to buy a car using their hard
eared money, when they can get someone else to pay that for them.
Today, I see people struggling to sustain their nice house and expensive mortgages,
when they can actually get someone else to pay for the house of their dreams.
Above, are all the reasons that compelled me to write this and allow people to download
I hope it gives you some idea on how to get others pay for whatever you want to have in
life. I hope that by applying what I’m about to share with you now, you no longer have
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HOW CAN I BUILD A RM20,000 MONTHLY RETIREMENT INCOME PORTFOLIO?
I will illustrate this using real life properties that I have purchased.
I’m gonna use an example of 4 properties I owned to give you a taste of what you can
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Property Purchase Current Net gains if Monthly Monthly Nett
flow
Sentral – ( After 6
Unit 1 years of
purchase )
Sentral – ( After 6
Unit 2 years of
purchase )
– Unit 1 years of
purchase )
– Unit 2 years of
purchase )
Notes:
1. Both Titiwangsa Sentral were bought from developer in 2009, and completed in
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2. Both Summer Suites units were bought in 2011, and was completed in mid-
2015. We paid a 25% down payment for this, as at that point of time we received
good bonus from our employments and sold a property with a decent profit so
we have plenty of cash back then and could afford to put extra in down
payments.
Titiwangsa Sentral
Summer Suites
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Today, these 4 units generates approximately RM10,000 per month in terms of rentals,
and gives me RM4,400 in pocket money every month after deducing my monthly
My monthly instalment works to about RM5,000 per month, and I still have 23 more
I would have about RM150k loan balance left which I can easily pay using my EPF which
That means I can fully pay off these 4 loans at 55 and get maximum from my rental
collection.
Today my rental collection are at RM10,000, but its safe to assume that the current
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If we assume that rentals actually go up by 3% every year on a compounding basis, I
should be able to comfortably collect over RM18,000 in rentals every month at 55.
To understand this, you can view the demonstration of the projected returns based on
Some of you might be thinking that I’m perhaps way too optimistic in my projections.
Some of you might think I’m uttering rubbish and the 3% rental increase over 20 years
is unrealistic?
If you are sceptical, please have a look at the rental and subsale prices compiled by The
Edge here:
Price increase of various properties from 2nd Quarter 2010 until 2nd quarter 2015
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Rental increase of various properties from 2nd Quarter 2010 until 2nd quarter 2015
The chart above tracks the rental increase across multiple properties around Klang
Valley.
The best performing ones saw rental increase of over 80% in the last 5 years, and even
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Means so long as we continue to buy good properties, a 3% rental increase annually is
hardly impossible.
The best part about all of these can be summed up with the following:
If you spend less than RM20,000 per month at, you can live up until 150 years
old and still never have to worry about money. Your asset that has a net worth of
over RM5mil gives you an income of over RM20,000 per month. So you are not
living of cash you get from your savings, but from your asset-generating income.
If you needed a lump sum cash (say for medical purposes) you can always sell
So there you go, building a retirement income of RM20,000 per month is not impossible
or difficult.
Hang on Faizul, you mentioned I can build my RM20,000 retirement portfolio for
free.
You paid down payment in those earlier examples, so its not technically free kan?
So if I don’t have capital to invest, can I still get my RM20,000 per month
retirement income?
Yes you can. Let me illustrate how to accomplish this using other property examples
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Property Purchase Price Rental Year of
Down payment
name price today today purchase
Tropics @ RM0
Penaga@Taman
RM0
Raintree Batu RM1,300 2010-
RM171,000 RM360,000 (RM1,000 Booking that
Caves 2011
was refunded later)
-2011
RM0
Palazio Studios
RM98,000 RM180,000 RM900 (RM1,000 Booking that 2009
– Unit 1
was refunded later)
RM0
Palazio Studios
RM101,000 RM180,000 RM900 (RM1,000 Booking that 2009
– Unit 2
was refunded later)
RM40,000 ( fully
refunded upon
Regalia Unit 2 RM420,000 RM480,000 RM2,200 2015
completion of the
purchase)
SUMMARY RM11,300
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There you go. Using all these limited capital examples, I can build a portfolio that can
If I can pay these loans off in 20 years, I will be able to collect over RM20,000
So using limited or zero capital, you can still build a decent retirement portfolio.
Best of all is that all these properties were rented at more than the monthly repayment
All I need to do is wait for another 20 years and let my tenants pay off my loans.
Faizul, you can get these results as you bought properties when it was still
relatively cheap.
The honest answer to this question is I don’t know what the future might hold for any of
us. But I like to look at history to give us an indication of what will happen?
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The reality here is that in the period of 1988 until year 2014, the only years where
property values dropped was during the 1998-1999 Asian financial crisis.
This data is proof that Malaysia’s local property market has been very resilient and price
In our estimates and backed by the data above, if one has a minimum holding period of
10 years, their property risk reduces significantly and should be able to enjoy decent
gains.
For example, from 1988 until 1998 (Asian Financial Crisis), property values still more
doubled over a period of 10 years, while the next 10 years (1998-2008) property values
still increase by over 30% despite the aftermath of Asian financial crisis.
We both don’t have a crystal ball about what will happen in the next 10 years, but I’m
betting that property values will continue to increase thank to higher cost to build
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properties combined with the fact that our young population means demand will
Our average population age is below 30 years old means more than half of our
From a theorist point of view, yes anyone with a decent job and income at least RM5,000
But the reality is that great buys like Titiwangsa Sentral and Summer Suites don’t come
by very often.
I’ve been investing for 11 years now and great buys are once in a blue-moon occasion.
These great property wont jump in front of you and say “BUY ME!”, right? Today, when I
see great buys, I don’t buy only 1-2 units, and I tend to buy a lot. For example:
In 2013, I saw a development where the units were selling at 30% below its real
RM350k. 40% gains in 3 years, almost 10% gross yields, and RM400 positive
cash flow per unit isn’t too bad when most people I know are struggling to break
even.
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In 2015, bought 8 units of double storey houses in a single development, at
around RM500,000 each. This area, will soon receive MRT connectivity so I
Some might argue that I was stupid to put all my eggs in one basket.
But most of my regrets in my investments comes from the fact I didn’t buy enough so
now I buy a lot in a single development the moment I’m convinced that those properties
And I spend a lot of time on research to make sure I don’t make the wrong investments. I
even developed my own set of test and framework to guide me in all my investments.
The results so far have been extremely encouraging and I’ve yet to buy a negative cash
flow property or anything that couldn’t make a minimum 100% return on capital in 3
years.
People say you need to choose between capital appreciation or cash flow.
I’m a little greedy so I tend to buy things that can get at least break even rentals with
good capital appreciation prospects. So in essence, I target both capital appreciation and
rentals.
Absolutely yes.
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The key here is to learn the rules of this game and have the patience to execute your
own game-plan.
So if you want to learn my methods directly from me, I run this program called Sarjana
I also share the methodology and process I used to identify the prospects of Titiwangsa
Besides this, you can also expect to learn the following from Sarjana Hartanah:
How to overcome 70% LTV restrictions and get 90% loans for all your
purchases?
Learn how to build your children education fund and send them to Harvard /
How to ensure your property can be rented out easily and quickly?
Register here and learn how to identify that next property that could be another
Titiwangsa Sentral or Summer Suites to fund for your own RM20,000 monthly
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p/s: Want more discounts? Come with a few people and gain more savings from what is
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