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 U guys who rent out units

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TSoldtimer05
post Apr 4 2020, 11:32 PM, updated 6y ago

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As per topic, what do you do ? Let tenant stay for free for 6 months ?
Zwean
post Apr 5 2020, 12:12 AM

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QUOTE(oldtimer05 @ Apr 4 2020, 11:32 PM)
As per topic, what do you do ? Let tenant stay for free for 6 months ?
*
Pay rent as usual.

Else who pays for the extra interest, maintenance fee, assessments, repairs, etc?
rinsedpie
post Apr 5 2020, 12:30 AM

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who advocates for non-payment??
no way will there be non-payment
am i wrong to say this?
cablesguy
post Apr 5 2020, 12:55 AM

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My personal opinion, depends on who is renting the unit, if tenant no salary or pay cut and if good tenant and only if they ask, then discount. But if tenant getting salary, like gov servant full salary, I dont think so.
Captain89
post Apr 5 2020, 01:03 AM

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QUOTE(oldtimer05 @ Apr 4 2020, 11:32 PM)
As per topic, what do you do ? Let tenant stay for free for 6 months ?
*
Give few percentage discounts due to tenant job affected badly
Few 3 months only. Should be okay
heavensea
post Apr 5 2020, 06:02 AM

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Ts is Messiah
Garysydney
post Apr 5 2020, 06:17 AM

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My wife has 2 units in Mont Kiara (3+1 bedder and a 1 bedder). The 3+1 now is empty (used to be getting rm5k/mth) rented to a Japanese while the smaller one is still with a tenant (still paying at the moment). Luckily my wife doesn't owe any money on both units - only less income to use every month for her.

We are living overseas and cannot come back to check the units. Luckily i have still quite a lot of retirement savings overseas otherwise we will be in big trouble if we need to service a mortgage.

Times like this, debt (loan) is a miserable word! Luckily i have no debt at all.

After this pandemic, i don't think i would be interested to purchase any more properties for a long time!

This post has been edited by Garysydney: Apr 5 2020, 07:06 AM
icemanfx
post Apr 5 2020, 07:24 AM

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QUOTE(Garysydney @ Apr 5 2020, 06:17 AM)
Times like this, debt (loan) is a miserable word! Luckily i have no debt at all.

After this pandemic, i don't think i would be interested to purchase any more properties for a long time!
*
Many failed to realise housing loan is only a good debt if it is current/up to date.

This post has been edited by icemanfx: Apr 5 2020, 07:33 AM
nightkids81
post Apr 5 2020, 07:37 AM

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Wanna asking:
Example: Rental RM1500 per month. Landlord give RM500 a month discount or during MCO does not have to pay the rent coz tenant didn't get salary. Then after MCO, the tenant has to pay all the 6 month deferral rent together with the current month or 6 month rent is considered burn? Meaning free stay.
dookievi
post Apr 5 2020, 07:43 AM

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my landlord waived 6 month rental
nexona88
post Apr 5 2020, 01:22 PM

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for far No free rental..

JSern
post Apr 5 2020, 01:31 PM

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QUOTE(dookievi @ Apr 5 2020, 07:43 AM)
my landlord waived 6 month rental
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your landlord is a fool
heavensea
post Apr 5 2020, 03:36 PM

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QUOTE(dookievi @ Apr 5 2020, 07:43 AM)
my landlord waived 6 month rental
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My landlord upgraded me into a bangalow
Boomwick
post Apr 5 2020, 09:03 PM

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QUOTE(dookievi @ Apr 5 2020, 07:43 AM)
my landlord waived 6 month rental
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My landlord offer free and giv me 2k a month on top of that for food and others
Zwean
post Apr 5 2020, 09:40 PM

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QUOTE(dookievi @ Apr 5 2020, 07:43 AM)
my landlord waived 6 month rental
*
My landlord gave me his house and rent it from me after.

This post has been edited by Zwean: Apr 5 2020, 11:21 PM
Captain89
post Apr 5 2020, 11:19 PM

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QUOTE(dookievi @ Apr 5 2020, 07:43 AM)
my landlord waived 6 month rental
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My landlord offered me his multi million company after he knew I lost my job
TSoldtimer05
post Apr 6 2020, 06:17 AM

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QUOTE(Zwean @ Apr 5 2020, 12:12 AM)
Pay rent as usual.

Else who pays for the extra interest, maintenance fee, assessments, repairs, etc?
*
True. Else who gonna pay landlord bills ?
TSoldtimer05
post Apr 6 2020, 06:19 AM

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QUOTE(rinsedpie @ Apr 5 2020, 12:30 AM)
who advocates for non-payment??
no way will there be non-payment
am i wrong to say this?
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Right. Was wondering if there were any such motion being passed due to Mco.
TSoldtimer05
post Apr 6 2020, 06:20 AM

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QUOTE(cablesguy @ Apr 5 2020, 12:55 AM)
My personal opinion, depends on who is renting the unit, if tenant no salary or pay cut and if good tenant and only if they ask, then discount. But if tenant getting salary, like gov servant full salary, I dont think so.
*
True, this is considerate
TSoldtimer05
post Apr 6 2020, 06:21 AM

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QUOTE(Captain89 @ Apr 5 2020, 01:03 AM)
Give few percentage discounts due to tenant job affected badly
Few 3 months only. Should be okay
*
Thats being fair. Good landlord

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