Nothing is diificult if you are willing to do it ... saving fees for time spend.

1. Collect 1 month non refundable deposit as confirmation.
2. Prepare 2 copies TA
3. Tenant sign TA and pay balance 2 + 1/2 months refundable deposit. Signature to be witness by a third party.
4. Landlord acknowledged confirmed tenancy and sign TA. Signature witness by 3rd party.
5. Stamped TA at LHDN..then give a copy to tenant
6. Agreed on a suitable date to handover key. Normally is b4 start of TA to allow tenant to clean or do whatever .... excluding reno.
7. Landlord collect next rental from 2nd month onwards.
8. Payment of monthly rent is b4 7th day of each month.
9. DO NOT just copy and paste a TA as every TA is different to suit the situation. You will only know it if problems arise.
10. If tenant dont pay rent or delay ... start a new thread and will advise accordingly.

Monthly rental x 12 minus 2400 ÷ 250 = X (round up to nearest ringgit) x no of years + 10 2nd copy.

Collect money during the signing of TA.

Monthly rental x 12 minus 2400 ÷ 250 = X (round up to nearest ringgit) x no of years + 10 2nd copy.

Collect money during the signing of TA.

1. Once the tenant confirmed your place, collect 1 month rental deposit. Make known to him that if he cancel, the deposit will be forfeited and if you decide not to rent for whatever reasons, you refund the deposit and pays him an additional same amount collected as his compensation. The deal is considered aborted. Have it signed by both party in a simple letter to avoid a dispute later.

2. Once TA is ready for signing, collect 2 more months deposit, half or 1 month utility deposit and TA fee + stamp duty. RM150 to 200 should be ok.

3. Witness can be anyone NOT related ... e.g. wife, children, parents siblings.

4. Your procedures ... ok

5. Monthly rent should include IWK monthly charges and condo monthly maintenance charges. DO NOT leave it to the tenant to pay other than the utilities. As for utilities payment, landlord can monitor through the apps. Be proactive when the bills start to accumulate.
A paying tenant should enjoy quiet possession of the property and landlord should not enforced too many restrictions. Illegal activities against the law is oredi in the TA. Activities against condo rules are implied e.g. rearing of pets.

Any minor renovation or installing new electrical appliances at tenant's own cost attached to the wall like air con should have landlord permission. What to do with those things after the TA expires, both party have to agree.

Maintenance of any appliances supplied are the responsibility of tenant. Do list all items in the TA as an attachment and spelt out clearly in the TA who is responsibile. Do have allowance for wear and tear and the quality of appliances supplied.

Q at LHDN depends on number of transactions for the day. On non peak time, it can be done in half hour ... max about an hour of waiting. If you are in SJ, the nearest LHDN is in Shah Alam, Kumpulan Perangsang Building, 6th floor.

You need to fill a request for stamping form in duplicate at the counter. Instruction are on the notice board or you can ask for help from those people there. Bring exact amount to avoid return change delay and the 2 copies of TA. The counter will ask which is original and duplicate ... any copy will do as is the same. Since your tenant is paying, after stamping, the 'original' copy is given to him and you keep the 'duplicate'.

Take note the different between Agreement Date (AD) and Tenancy Starting Date (TSD). Your sign on 15.10.20 which is the AD but the TSD is 01.11.20, you have 30 days to stamp the TA from 15.10.20, otherwise a fine will be imposed. You cant stamp it b4 15.10.20 as they will reject.

Maintenance of any appliances supplied are the responsibility of tenant. Do list all items in the TA as an attachment and spelt out clearly in the TA who is responsibile. Do have allowance for wear and tear and the quality of appliances supplied.

Q at LHDN depends on number of transactions for the day. On non peak time, it can be done in half hour ... max about an hour of waiting. If you are in SJ, the nearest LHDN is in Shah Alam, Kumpulan Perangsang Building, 6th floor.

You need to fill a request for stamping form in duplicate at the counter. Instruction are on the notice board or you can ask for help from those people there. Bring exact amount to avoid return change delay and the 2 copies of TA. The counter will ask which is original and duplicate ... any copy will do as is the same. Since your tenant is paying, after stamping, the 'original' copy is given to him and you keep the 'duplicate'.

Take note the different between Agreement Date (AD) and Tenancy Starting Date (TSD). Your sign on 15.10.20 which is the AD but the TSD is 01.11.20, you have 30 days to stamp the TA from 15.10.20, otherwise a fine will be imposed. You cant stamp it b4 15.10.20 as they will reject.

Maintenance of any appliances supplied are the responsibility of tenant. Do list all items in the TA as an attachment and spelt out clearly in the TA who is responsibile. Do have allowance for wear and tear and the quality of appliances supplied.

Q at LHDN depends on number of transactions for the day. On non peak time, it can be done in half hour ... max about an hour of waiting. If you are in SJ, the nearest LHDN is in Shah Alam, Kumpulan Perangsang Building, 6th floor.

You need to fill a request for stamping form in duplicate at the counter. Instruction are on the notice board or you can ask for help from those people there. Bring exact amount to avoid return change delay and the 2 copies of TA. The counter will ask which is original and duplicate ... any copy will do as is the same. Since your tenant is paying, after stamping, the 'original' copy is given to him and you keep the 'duplicate'.

Take note the different between Agreement Date (AD) and Tenancy Starting Date (TSD). Your sign on 15.10.20 which is the AD but the TSD is 01.11.20, you have 30 days to stamp the TA from 15.10.20, otherwise a fine will be imposed. You cant stamp it b4 15.10.20 as they will reject.

In the event of a fire, landlord will have to claim from the insurance company for the reinstatement of the property. It is normally stated in the TA that the landlord is NOT responsible for the tenant's possession other than the property in the event of a fire. If the tenant wants to protect his possession against damage in the event of a fire, he has to purchase the homeowner content insurance on his own cost.

As a long term landlord who depends on rental collection as a source of income, it is advisable to buy additional coverage against loss of rental income in the event of a fire where the unit is unable to be rented out pending reinstatement.

Please be aware that if your property fire coverage is purchased by the MC or JMB or the bank on your behalf,  it will just be a basic coverage. Any additional coverage, the landlord has to buy separately on his own.
Yes

Students from where ? Renting individual room basis or the entire house  ?

As I know, all the students rental are being paid by their parents or sponsor. Definitely they dont have income as they are not working. Unless they use the rental for some other things. What I can suggest is if you rent the entire house to one, sign the TA with the parents. In the event of a default, you can liaise with the student or parents. Do remember that if you sign the TA with the student on the Agreement Date, he must be 18 years and above, otherwise is consider void.

As a landlord, one cannot worry beyond what has not happen after due diligence being done. If the tenant wants to default  he WILL default.

I prefer homestay over long term rental ... currently doing ... for 3 years.

No, I dont advise to call the gf parents. The rental has nothing to do with them and he is not the son.

In life, sometime one have to take risk after weighing the situation. Otherwise is difficult to do things.

If you are comfortable with the 6 months advance rental, then go for it. Seldom do tenants pay up 6 months. Deal with any problem only when it is up. Dont think too much as no one can see the future.