Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Black list tenants, got list???

views
     
ninorico
post Dec 29 2011, 08:05 AM

Getting Started
**
Junior Member
91 posts

Joined: Nov 2011
QUOTE(airline @ Dec 12 2011, 06:53 PM)
is there a database of black list tenants
i want to add mine there soon. vomit blood one
if he reading, better pay up.

I googled, can find this only
http://blacklisttenants.blogspot.com/
*
That's a great blog! I would like to contribute if I have one. But I rather don't
ninorico
post Dec 30 2011, 10:39 AM

Getting Started
**
Junior Member
91 posts

Joined: Nov 2011
QUOTE(hoongling @ Dec 29 2011, 11:24 PM)
At this juncture, I can't help but to emphasize that when buying properties we are all taught LOCATION, LOCATION, LOCATION. In being a landlord it is TENANT, TENANT, TENANT.

I would rather leave my property empty in search of ONE good tenant, rather than spend much time, headaches and hassle to go to court, dealing with lawyers etc when things go wrong later.

How I choose (just to share):
1. I ask where he works and how long has he been in the job. I would call the company to find out his salary etc. Better still ask him if he is willing to answer.
Some may find this ridiculous but bear in mind I am letting you a 100k 200k 300k property at only 1k+ per month and since it is a monthly business, I deserve to know. I can't be renting a 1k property to someone making only 2k per month, 50% for rental is ridiculous (assuming he is a single tenant)

2. I do background check by asking where he rents prior to wanting to rent my place, how much was the rental and reasons to move. I will also ask former landlord's phone number. If he hesitate to provide, don't even need to check blacklist listing lor... understood.

3. Prior to entering the house (confirm rental) I walkthrough the house with him, sit down explain my rental agreement clause by clause and ensure he understands before he signs. Many people don't do this and find arguments later

4. To encourage early payment, I give discounts if he pays rental before the 1st of the month.

These are not new tips, these are all learnt from books and attending seminars. Just sharing only.


Added on December 29, 2011, 10:33 pmEh just found out there is a thread just for laws la... so useful!
http://forum.lowyat.net/topic/2138486
*
Great insights! Hope it will helps me in future.
ninorico
post Jan 7 2012, 12:27 AM

Getting Started
**
Junior Member
91 posts

Joined: Nov 2011
QUOTE(Ash1988 @ Jan 3 2012, 10:00 PM)
Guys do you think if the 2+1 and utilities deposit is being given with 2 installments by the tenant is safe?
Say first half when sign agreement and the other half on end of the month.
*
This is standard. Nothing is safe if you have a bad tenant. Tenant screening is important. Half half situation really depends on situation? Working adults? If students, I can consider that.
ninorico
post Jan 8 2012, 11:42 PM

Getting Started
**
Junior Member
91 posts

Joined: Nov 2011
QUOTE(hoongling @ Jan 7 2012, 11:10 PM)
There are a few who have started 3+1 or even 2+1.5
Try read The Millionaire Landlord by Azizi Ali, it IS FUN being a millionaire landlord.
*
Not everyone will agree with 3+1 or 2+1.5. The chances of succeed in renting out is lower
ninorico
post Jan 12 2012, 10:06 AM

Getting Started
**
Junior Member
91 posts

Joined: Nov 2011
QUOTE(blasto @ Jan 11 2012, 08:59 PM)
Today my tenants all shift out, its a new begining from now on..  flex.gif
My friend rented to the same tenants for almost 10years, his advise check their background the superstition way.. coz some tenants in your home brings bad luck bela hantu stuff..  icon_rolleyes.gif
*
Just curious, do you still able to manage for all unit to be vacant for 1/2 months?

 

Change to:
| Lo-Fi Version
0.0229sec    0.72    7 queries    GZIP Disabled
Time is now: 15th December 2025 - 07:16 PM