Any leftovers from developer?
Investment SUMMER SUITES AND SUMMER V.O.S. [OWNERS' THREAD], From RM328k off Jalan Sultan Ismail
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 Feb 21 2013, 05:19 PM
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#1
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Junior Member
383 posts Joined: Jan 2009 
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Jul 19 2013, 08:16 PM
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#2
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Junior Member
383 posts Joined: Jan 2009
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So still got available units? Soho ker?
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Jun 23 2016, 04:52 AM
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#3
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383 posts Joined: Jan 2009
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I have passed some agencies to handle my units and they are managing it on airbnb. Not bad return so far. Average 3k+ per month but doesn't include utilities.
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Jun 23 2016, 05:33 PM
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#4
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383 posts Joined: Jan 2009
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QUOTE(syarehey @ Jun 23 2016, 07:25 AM) That's quite good, 3k+ return for you or for the people who manage the unit? Studio on units with bedroom? 3k+ for me. They took like 20%, can't remember like few hundred a month for management. Mine is studio with no bedroom. |
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Jun 23 2016, 05:42 PM
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#5
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383 posts Joined: Jan 2009
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QUOTE(Asali @ Jun 23 2016, 08:07 AM) Just to clarify a bit. "Doesn't include utilities" means that landlord have to pay electricity/water and maintenance fees, right? Yeap, utilities and maintenance bear by me now. They just help me to optimise to hit high occupancy rate. |
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Jun 23 2016, 07:12 PM
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#6
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383 posts Joined: Jan 2009
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QUOTE(gks @ Jun 23 2016, 06:52 PM) Have you receive your utility bill so far? Yea, true. My take home was about 3k, sometimes 4k. Can easily offset the bills charges. I took netflix - 50 bucks a month.Assume u get RM3.5K.. 20% off to airbnb operator... Utilities - broadband, water and electricity another RM400-500.. u r left with RM2.3K. Wouldn't it better u rent to single tenant? Dun forget by end of year one... probably all your furniture/ appliances been thrashed. You better insert clause operator is require to reinstate furniture to original condition. I assume you also need to bear cable tv subscription. |
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Jun 23 2016, 09:20 PM
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#7
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383 posts Joined: Jan 2009
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QUOTE(gks @ Jun 23 2016, 09:07 PM) The take home means gross yet to exclude the utilities and airbnb operator rite... Yeap bro. |
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