Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Renting condo to foreigner, What to look out for?

views
     
BeverlyHills
post Oct 30 2020, 05:59 PM

Getting Started
**
Junior Member
53 posts

Joined: Apr 2019


QUOTE(spreeeee @ Oct 28 2020, 11:53 AM)
he has no problem to pay the 2mths security deposit, 1mth advance rental, 1/2 mth utility fee, and TA fees.
i wonder how the TA could protect landlord.
1yr rental paid upfront, not sure if anyone willing to pay that or not.. lol
*
Wiling, if u give 30-50% discount.
BeverlyHills
post Oct 30 2020, 06:34 PM

Getting Started
**
Junior Member
53 posts

Joined: Apr 2019


QUOTE(mini orchard @ Oct 30 2020, 06:06 PM)
Ya ...plus monthly free massage, free maid, free utilities and whatever free
*
no need to be sarcastic. Can see that u never dealt with such offers before. Yes, if owner can offer good discount and tenant have cash in hand, no prob. But if owner not in rush of course he will not offer such discounts.
I personally got that when paid upfront one year cash and seems owner needed cash. Easy.
BeverlyHills
post Oct 30 2020, 07:15 PM

Getting Started
**
Junior Member
53 posts

Joined: Apr 2019


QUOTE(mini orchard @ Oct 30 2020, 06:45 PM)
Why would a landlord rent for 50 % discount and take the risk outcome of the property condition after tenancy ends ? The 50% can goes towards repair .... so is 0 rental. Better to leave vacant. Landlord collect only 11 months after deducting agent fees. Nett effect is even less than 50% ?

If say another 10% off, its reasonable. 30 to 50 .... money grow on tree ?
*
Ok maybe I mention too much numbers previously biggrin.gif but anywhere from 5% to 30% is possible and I personally managed to get down price from 2300rm to 1800rm paying for 1 year up front.

By the way, I paid for the whole year, but lived there only few months before moved out.
BeverlyHills
post Nov 3 2020, 09:40 PM

Getting Started
**
Junior Member
53 posts

Joined: Apr 2019


That time my ex paid so I didn't benefit or lose. But im agree with u that its quite risky. Yet if u have cash money and u kinda confident u can pay in advance if deal looks good.
Just IMO.

 

Change to:
| Lo-Fi Version
0.0148sec    0.28    6 queries    GZIP Disabled
Time is now: 6th December 2025 - 01:50 AM