UTAR setapak won't be shifting to kampar.... i mean utar setapak only been there for about a yr... why build when they got plans to shift? extension for tarc perhaps?

as i known only UTAR sg long and PJ will be shift to kampar

It won't affect the market price... if Utar setapak happens to shift... it will be foolish to left empty over there... the average numbers of student will remain unchange...

out of topic : since when ur studying in tarc? i just finish my resit paper over there.. haha

Please be very careful about the agreement stuffs... if something happens it will be very messy....

It happens to my friend before... and we had to consult our LAW lecturer for guidance... i can't even tell u what was the situation at that time because itz just too confusing to fully understand...

How come u are so sure that the campus wil not shift?

Well.. the reason is in my previous reply...

IF their planning to shift why they wanna set up UTAR in setapak in the 1st place?

the rumor of all the UTAR shifting to kampar has been around for almost 2 yrs...

and if i'm not mistaken utar setapak is complete somewhere around between 2005-2006??

It they really shift... the building there will be served on a different purpose.. extension of tarc?

if i may allow to add some points here..

1. rental income is a very good source of passive income. make sure you start with a +ve rental income properties.. it depends on the calculation model.. if you can make a profit with 10 month's collection to cover all the cost for the whole year.. that's a good model to start with (basically, the 2 month is the vacancy gap cost)

2. renting to students may not be the most ideal tenants to choose.. you'll get a whole lot of damage and may have to spend alot of time to coordinate rental collection.

3. and if those students are your friends.. it will even cloud the situation further.. you've to be certain that everybody understood their contribution/obligations.. "friends are friends but business is business" if you can't make the call, be prepared for leakages to your profit..

4. have you been a RA(residence assistance) before? that would certainly help to run such a setup.. student rental (with stay-in landlord) properties.

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Added on September 24, 2007, 3:05 pmbecareful with sub-leasing.. it's not a given, if you rent a place.
some tenancy agreement forbids sub-leasing.. (i have such clause with the tenancy agreement that i conduct with my tenant and i explicitly voice this as pre-agreement to lease)

if you're the leasor.. you wouldn't want a sub-lease on your rental properties as it complicates responsibility and accountability.. and to some extend, collection.

This post has been edited by lwb: Sep 24 2007, 03:05 PM