Hello all. I just sign the contract as Landlord. There are 1 issue here i want to share. Before signing, the speedrent agent says they will collect 1st and the 12th months payment from the tenant. Speedrent will pay the Landlord 1st month Full and use the 12th months payment for insurance. Upon that, they didn't mention about Landlord wont get the 12th months payment. In total, Landlord only will receive 11th months of rental payment. ONLY AFTER I sign the contract they mention about this. What do you guys think? Now i feel cheated.

Speedrent service is for whole unit. How about room by room rental?

Just got a tenant through SpeedRent recently. Let's see how everything turns out.

1. Met up with Tenant face to face.
2. Speedrent has been helpful in arranging the meet-up using WhatsApp.

Correct me if I'm wrong. I'm not giving 50% discount on 1st month rental. Speedrent is taking the 12th month rental , however, they're providing guarantees using Allianz insurance to cover up to 2 months rental loss in case of no payment and also legal fees in eviction of bad tenants.

Eviction will NOT be handled by them, but Speedrent stated will assist on a case to case basis.

Speedrent basically invoice Tenant, tenant pay speedrent, speedrent pay Landlord. Let's see how this works out, as Speedrent becomes a collecting agent on my behalf as well.

Also for analysis purposes

I've engaged 4-5 property agents to rent out , but all like tidak apa attitude.

Posted in SpeedRent in January 2017. Met 1 potential tenant face to face recently, with around interested 2 people (1 of them is a property agent)