Guess 100 units work nicely based on savings of $300 a month.
Other significant updates:
(1) Finally secured a tenant for my HDB - market is indeed softening... the house sat empty for 1 month. While logically I know there is definitely a vacancy period, I can't help but feel that every day the house sits empty, I am losing money. All is good now though - the rental deposit is now in my bank account. Ka Ching!
Rates have come down slightly - but still not too bad for a stream of rental income.
(2) Sold my flashy car... after listing it on consignment for 1 year... there is finally a taker. Love that car - especially the cool breeze at night when you drive top down. But after 5 good years, i think it was time to let go... Uber didn't even accept my car as it was a 2 door ride... (back when i was thinking of getting extra cash). In case you think i am being extra financially prudent by selling the car and taking public transport, i have to admit, i am not. I just downgraded to a bread and butter car. It is indeed very tough (i am very pampered) after driving for close to a decade to get back to BMW (bus mrt walk) - doing it for a few weeks now, and actually Uber is quite okay, if there are promotions going on.
So, i guess it is a compromise between wanting to save more money and still have a car around... i know it delays retirement by a couple of years, but it is indeed a conscious decision.a