Me&MyProperty

Net rental income put to good use

Mr Josh Liaw with his wife Tan Xinhui, and their children Jerome (left) and Joel. The couple have a preference for “real assets” – real businesses with cash flows – over financial assets. Recently, Mr Liaw has been investing in media and tele
Mr Josh Liaw with his wife Tan Xinhui, and their children Jerome (left) and Joel. The couple have a preference for “real assets” – real businesses with cash flows – over financial assets. Recently, Mr Liaw has been investing in media and telecommunications stocks such as Singtel, AT&T (through the merger with Warner), Disney and SoftBank. ST PHOTO: ZHANG XUAN

Property firm's GM lives in rental home while letting out his unit; gains used for other investments

Mr Josh Liaw had his sums all worked out when he decided to live in a rental property in Seletar while letting out his apartment in the prime River Valley area.

Doing so nets him an additional monthly cash flow of $1,000, which comes in handy for his other investments in shares and real estate investment trusts (Reits).

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A version of this article appeared in the print edition of The Sunday Times on July 29, 2018, with the headline 'Net rental income put to good use'. Print Edition | Subscribe