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Rent or Own Stay, Would like some advice
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cawan
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 Dec 5 2024, 05:33 PM
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» Click to show Spoiler - click again to hide... « QUOTE(6996 @ Dec 4 2024, 09:31 AM) Hi everyone, Would just like some of your kind advice for my current situation: I bought an older condo early this year with the help of my parents for half of the down payment, the condo in question is Tropika Paradise in USJ 17 Subang Jaya. Bought it for RM400k+ and my monthly repayment is now RM1,680 per month with the maintenance fee being RM330. The condition of the interior is okay but it's a bit dated and old, so if I were to stay there I have to renovate the place which will have another major cost. I'm having a bit of trouble deciding whether I should rent this out or slowly save for the renovation cost and live on my own, as right now after paying for the installment and maintenance fee, I find it hard to save. Just trying to look for your point of view, if you were in my shoes. I have a bit of reservation with renting as I already bought some nice furniture's for it (which is still being kept in the store, as we have asked them to deliver it when I'm ready to move in) and I'm not sure if I am able to handle it if I get a bad tenant. Thank you. owning and stay at 2nd house now. first house left for 4 months, and next Jan tenant will enter. cut short, much fussy to look for new tenant. they will ask for new paint, washing machine, extra bed, all room aircond.. fushhh.. owning 2nd house like owning 2-3 car.. confirm that for 2nd or 3rd car u will just left behind.. then this 2-3 car become burden for ur pocket. that include road tax, tyre, maintenance.. look into long future.. what ur coming plan .. if just stay with father mother now, no extend of room size need, easier on daily task (household, billing..) .. that much saying your 2nd house not needed. rent it, let agent handle.. or last resort to sold it. |
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