I've recently brought an auction property on a low cost apartment. Bank loan just approved and now am handling the name transfer etc. The agent told me while waiting for such, I can start advertising and immediately there's a serious tenant. We inspected the property and found there were many defects as listed below
1. leaking water tank
2. broken toilet sink
3. main pipeline replaced with pvc pipe instead of steel pipe
4. huge crack outside the house (not much of an issue since the property is built on mining area)
5. no ECB fuse (other tiny fuse are there but the big fuse isn't, i don't know what are their uses as I'm no electrician)

Thus the tenant offer to fix all those as long as I deduct the rental (which is onlyRM300/mth). So shall I let him fix it and deduct rental? or pay it off once he fixed it? I'm just worried that after fixing in rental deduction, i'm afraid another problem crops up and he would offer to fix it again, and another rental deduction?

Also the crack i would prefer that the developer fix the problem. Since it's an auctioned property, I wonder how do I go about the outstanding bills like TNB which is under the previous owner name (OUTSTANDING RM350) and water bills of RM700) ? Maintenance outstanding are borne by the bank.

The tenant is somehow a contractor for plumbing and etc, he fixes everything.

nope..puchong..

auctioned by Leong Auctioneers and from Maybank. Seems that they only pay for the maintenance.

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Added on December 7, 2008, 11:44 amanother thing to add....

the tenant has finally fixed everything in which i gave him 2 months of free rental.

in meantime, there's a big crack outside the property...which the neighbours say the developer should fix it. I asked the developer, they say maintenance must be paid. I am waiting for the auctioning bank to pay up the maintenance as per say in agreement but the tenant keeps insisting to repair it himself which I think not necessary since it doesn't affect his comfort of living.

This post has been edited by hamster9: Dec 7 2008, 11:44 AM