Tuesday, October 16, 2018

September 2018 Report

After many months missing in action, it is time that I wrote an update. So, I quit my job again. LOL. I left around August 2018. Despite the higher pay, I cannot fit in the office environment. A warning to people that are planning to find out what they really want to do in life after working for years in the salaried environment. If you have been out in the gig environment for a while, it is hard to go back to a "proper" job of 9-6 and it can be detrimental to your family finances.

How about the property path that I had planned? Well, I finished the course and went for the exam and was fairly confident about Paper 2 but the results turned out badly. I failed both paper 1 and paper 2. The thing with the property agent exam is that we do not know what questions we do wrong. It will be relearning the whole syllables again and hope your understanding is of the exam standard.

During the exam, there was this one question that derailed me from this path. It was something like how to invest in property if you do not have enough capital. Answer? REITs because they are required to distribute at least 90 percent of their taxable income to their shareholders annually. That made me reconsider my decision due to the time and money needed if I am going to choose property agent as my career. As a new property agent, I have learnt that we will need to spend money in property portals to advertise property for owners and advertisement to market our service. You will also need to go for courses to clock your requirement so you can renew you licence. All these requires money. Time and money is a luxury that I do not have to do the job. If I have the money, I might as well invest in REITs to do the job for me.

Investing in myself is always a good investment. So after removing the property path, I started to think of what I have been doing so far in my property management career that is of benefit to the next path. Might as well do something I have knowledge of rather than venturing into the unknown.

Maintenance Coordinator - assisting customer with issues of the property they are leasing.

Property Officer - getting quotation to renovate and ensure units can be handed over based on customer's requirement in the agreement

Defects Coordinator - Spotting of defects and assist customer in rectifying the mentioned defects during the defects liability period.

Skills learned

Paperwork - checked
Coordination - checked
On standby for issues - checked

So what did I come out with? Being an Interior Designer.

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