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Good idea to rent out for 3 years? Pros and Cons
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TSsubaiku
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Dec 28 2023, 05:22 PM, updated 2y ago
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Hey guys, need some input from those of you who have experience. Recently I had some viewings to rent out my condo unit. Got some interested foreign students offered to rent for 3 years. I have usually done only 1 year so far. On one hand seems ok to me because I don't need to worry for the next 3 years. But on the other, if there are any problems, also means locked down for 3 years. (They seem ok lah when meeting them) Also, cannot raise rent.
Any advice?
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K555
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Dec 28 2023, 05:30 PM
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Getting Started

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QUOTE(subaiku @ Dec 28 2023, 05:22 PM) Hey guys, need some input from those of you who have experience. Recently I had some viewings to rent out my condo unit. Got some interested foreign students offered to rent for 3 years. I have usually done only 1 year so far. On one hand seems ok to me because I don't need to worry for the next 3 years. But on the other, if there are any problems, also means locked down for 3 years. (They seem ok lah when meeting them) Also, cannot raise rent. Any advice? then try 2 + 1 lor with condition to raise not more than certain percentage.. student lagi ma..kesian sikit
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