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Bjorn1688
post Feb 21 2019, 02:23 PM

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QUOTE(leodinouknow @ Feb 21 2019, 10:49 AM)
then call ahlong is better choice than cut water/electric?
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Strictly speaking it is very much illegal too and got to be careful as a landlord when you call such persons to deal with this type of mess and make sure you use a proper ah long.

Any injuries or property damage the tenant suffers he or she can take legal action against the landlord.

However 2-14 days vs 9-12 months........hmmmmmm
BEANCOUNTER
post Feb 21 2019, 03:01 PM

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you better make sure non of the tenants is using medical device that required electricity, otherwise you will be done for 2nd degree murder.

that's before you obtain a court order for eviction notice.
Bjorn1688
post Feb 21 2019, 03:22 PM

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QUOTE(BEANCOUNTER @ Feb 21 2019, 03:01 PM)
you better make sure non of the tenants is using medical device that required electricity, otherwise you will be done for 2nd degree murder.

that's before you obtain a court order for eviction notice.
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Actually I did have a similar situation some years back.

Nasty problematic tenants whose rent was in arrears and the TNB bills were red notices. Basically each time they came to cut the supply some money changed hands and the power remained on.

I told the tenant to get the supply in their own name and gave them 1 week to do so and to sign on the document I had prepared.

1 week later, they did not do anything about it and the power was disconnected. They complained that their insulin could no longer be used. Told them to go to court which they did. Judge threw out their claim.
Harry_Bobinski
post Feb 21 2019, 03:24 PM

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QUOTE(Bjorn1688 @ Feb 21 2019, 03:22 PM)
Actually I did have a similar situation some years back.

Nasty problematic tenants whose rent was in arrears and the TNB bills were red notices. Basically each time they came to cut the supply some money changed hands and the power remained on.

I told the tenant to get the supply in their own name and gave them 1 week to do so and to sign on the document I had prepared.

1 week later, they did not do anything about it and the power was disconnected. They complained that their insulin could no longer be used. Told them to go to court which they did. Judge threw out their claim.
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So they complied at the end and moved out?
Bjorn1688
post Feb 21 2019, 03:30 PM

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QUOTE(Harry_Bobinski @ Feb 21 2019, 03:24 PM)
So they complied at the end and moved out?
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You mean by cutting the power? Nope, they did not budge and reconnected the electricity illegally bypassing a meter.

I had my usual ah long deal with them.
Learjet35
post Feb 23 2019, 09:42 AM

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QUOTE(WannaGetBuffed @ Feb 20 2019, 01:34 PM)
yup best is go bid urself. last time i bid for low cost tell agent max 140k when i know can get around 120k myself if i go alone without agent, in the end as expected he call me say bid won at 138k. but probably someone also will ask agent go there kacau the price until close to market price since got bidder register.

some forummer also pretend tolong also makan commission jugak, no free lunch in this world
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Better pay those ulat 1k each rather than fight them.
icemanfx
post Feb 23 2019, 10:32 AM

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user posted image

https://www.edgeprop.my/content/1480406/mor...der-hammer-2018

Number of foreclosure in this year is likely higher than 2018.

Number of foreclosure is as many as number of developers overhang units. given most investors financial is weaker than developers, mean many are in financial distressed.


This post has been edited by icemanfx: Feb 23 2019, 10:38 AM
BEANCOUNTER
post Feb 23 2019, 11:01 AM

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Who to blame???

The banks themselves....
icemanfx
post Feb 23 2019, 11:19 AM

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QUOTE(BEANCOUNTER @ Feb 23 2019, 11:01 AM)
Who to blame???

The banks themselves....
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Developers and speculators are victims.

AskarPerang
post Feb 23 2019, 01:58 PM

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gladfly
post Feb 23 2019, 03:53 PM

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QUOTE(icemanfx @ Feb 23 2019, 11:19 AM)
Developers and speculators are victims.
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Ohh
. The burn of sarcasm... 😂 😂
Harry_Bobinski
post Feb 23 2019, 04:42 PM

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QUOTE(Learjet35 @ Feb 23 2019, 09:42 AM)
Better pay those ulat 1k each rather than fight them.
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1k would do it? I highly doubt so
potenza10
post Feb 23 2019, 08:52 PM

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If for 3rd prop buy under lelong, need to pay another 20% since loan only 70%?
AskarPerang
post Feb 23 2019, 09:01 PM

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QUOTE(potenza10 @ Feb 23 2019, 08:52 PM)
If for 3rd prop buy under lelong, need to pay another 20% since loan only 70%?
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Yes. 10% to qualify for bidding.
Remaining 20% cash + 70% from bank loan settle within the remaining 90/120 days.
Learjet35
post Feb 23 2019, 09:54 PM

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QUOTE(Harry_Bobinski @ Feb 23 2019, 04:42 PM)
1k would do it? I highly doubt so
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Depends on what type of property also. I did this before.
leodinouknow
post Feb 23 2019, 09:55 PM

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QUOTE(Bjorn1688 @ Feb 21 2019, 04:30 PM)
You mean by cutting the power? Nope, they did not budge and reconnected the electricity illegally bypassing a meter.

I had my usual ah long deal with them.
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dog cannot borrow, can borrow ah long? in case we need the service
BoonieTan
post Feb 23 2019, 09:57 PM

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QUOTE(leodinouknow @ Feb 23 2019, 09:55 PM)
dog cannot borrow, can borrow ah long? in case we need the service
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I'd really keen to know the contacts of some friendly ah long too 😉
leodinouknow
post Feb 23 2019, 10:03 PM

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QUOTE(BoonieTan @ Feb 23 2019, 10:57 PM)
I'd really keen to know the contacts of some friendly ah long too 😉
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ah long where got friendly de? you think ah long is spiderman, friendly neighbourhood?
AskarPerang
post Feb 23 2019, 10:06 PM

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Sand Dust
post Feb 23 2019, 10:48 PM

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QUOTE(Learjet35 @ Feb 23 2019, 09:54 PM)
Depends on what type of property also. I did this before.
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Online bidding will hopefully remove this?

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