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 Condo for daily tenent..homestay..legal or illigal, Condo for investment

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ecin
post May 23 2012, 10:14 AM

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QUOTE(katijar @ May 22 2012, 01:32 PM)
why want to do that?
just rent it to Africans... they can pay good rental.
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You'll spend equally "good" expenses after all tongue.gif

Added on
QUOTE(dino10chels @ May 22 2012, 03:00 PM)
maybe owner manage to convince the management....who knows
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Residences will kill the management, if JMB, the position bye-bye for the coming AGM biggrin.gif
ecin
post May 23 2012, 12:10 PM

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QUOTE(michaellee @ May 23 2012, 11:46 AM)
Truthfully, in my youth, I did not believe the power of tenancy agreement. To be honest, I don't either now. If anything, tenancy agreement protects the tenants more than the owners. Verbal agreement is a form of agreement. Getting your 1-3 days tenant to sign on a piece of paper is good enough, personally. The shortest time frame I have let out is 1 week and normally that privilege is applicable to my returning O&G clients. Anything wrong, the company will compensate me. I think the problem with doing 1-3 days tenancies is the logistic of dealing with your potential tenants and possible damage they bring. You do not know how much deposit you should take from them if your house is equipped with more than 20k worth of furnitures. All it takes is one case, and it will set you back for a while.
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+1 thumbup.gif (Besides the "Verbal agreement is a form of agreement.")
+ one IC photocopy/Visa photocopy/Passport photocopy and small amount of deposit

ecin
post May 23 2012, 05:21 PM

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QUOTE(katijar @ May 23 2012, 05:04 PM)
can pm me which high end condo is available for daily rental? might be good to have a party there. thanks!
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I don't know what is your definition of high end, but the below one is quite a good one:
Txxxxxxxsa Sxxxxal ... You can find it in agoda biggrin.gif

But guys, try not to do that, you'll disturb real residences very much notworthy.gif
ecin
post May 23 2012, 09:21 PM

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QUOTE(Backkom @ May 23 2012, 08:47 PM)
Thanks... please do not come to TS for daily rent, real resident like me gets annoyed because we just totally lose control over the incoming crowd...

Hmm let me rephrase - please come to TS for one night, you can come and have a not-too-noisy party, and please give me the unit number of that God-damn-boutel! For that I'll buy you a big big supper  thumbup.gif
Oh... TS owner here.

Would you mind to share how's the situation now due to that?
And, nobody stressed management/JMB?
No "fighting" in AGM? (I've seen before somewhere else)

ecin
post May 23 2012, 11:33 PM

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QUOTE(Backkom @ May 23 2012, 10:02 PM)
Sigh, we got bigger problem - the cheapo developer refused to call for AGM despite the VP was 30th April 2011 - I'm really tempted to sue them and send the tauke to jail...

Developer is in control - so we don't have resident pass system. Plus tenants are too "fluid", keep moving in and out (coupled with this Boutel going on)...
And having ME tenants who don't sleep at night (they have fun at poolside till 3am) and loves to litter really doesn't help...
Management office is all ready to shut the Boutel down but we need to give them the unit number... (and they advised that we residents better not get involved directly)...
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Ops, you guys have to work harder then ..

ME last time Seri Maya got many people complained also, but I guess it's now got better, seems like didn't hear much anymore, probably you guys someone can go and check it out what had them implemented to reduce similar issues.
ecin
post Aug 10 2012, 10:10 AM

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QUOTE(cherroy @ Aug 10 2012, 01:21 AM)
Long term tenants does not mean it must be good, but for security purpose, it is easier for them to control, monitor etc.
It is impossible for security personnel to control and monitor if the properties is full of stranger everyday and changing everyday.
Try to run a management company or security company with that, you will find and encounter problem to enforce a tight security in this kind of situation.

Just like a mall, it is impossible to screen every visitors coming in, as everyday you see stranger and face keep on changing.
If screening everyone, people complain, and also causing lot of time and effort by the security personnel, causing delay in access, car access etc.

But with long term tenants mostly, security personnel can identify who is who, and even their routine visitors.

No one want their properties or home being passed by stranger that keep on changing everyday except for the party wish to turn their properties into daily rent and reap profit from it. No offence.  smile.gif

Yes bad long tenants is as bad. But we are talking about increase of security risk with extreme short term /daily tenants.

It is not only increase the security risk, but can make the property value less appealing for future appreciation for genuine future own stay buyer.
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+1

 

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