Being the capital city, the inhabitants of Kuala Lumpur is made up of literally a melting pot of language, culture, and even nationalities. The bustling city life that teems with fresh opportunities does not only accommodate locals, but also expatriates – and just like everybody else, they too are in need of a home sweet home – comfortable living spaces and neighbourhoods to rest their heads after a long day of frequenting to and fro from their workplaces.
Great Tips for Negotiating a Higher Rent from Your Tenant
Rental negotiation can be pretty tricky if you do not have the know-hows. A poorly-prepared landlord would not be able to offer good counter-offers to convince his or her tenant that the rental was reasonable. In the worst case scenario, he or she might even miss a chance to grab hold of a good tenant due to poor negotiation skills and a lack of perception for long-term gains.
Who Can Save the Malaysian Property Market?
The current Malaysian economy has caused much worry among the majority of Malaysians – especially those who aspire to procure homes of their own. Gasp!
Everyone knows that real estate, especially rental property, is a business with much potential. For starters, properties rarely depreciate, and people are constantly demanding for more and more housing, all the more when you are in an urban area. But at the same time, just like any other trade, it is also a known fact that it is more than just merely buying properties up and rent them out; no matter how much money you have, plunging into the market and competition without any knowledge and preparation is akin to courting failure!
Finding good housemates that you can live with harmoniously is never easy, but if you can ever find some, it would certainly be advantageous, convenient, and even fun to live together under the same roof.
So, you don’t get along well with your tenant. Well, that is actually not big news. Most landlords have or will encounter situations in which they do not get along well with their tenants. The question is: while some tenants are really terrible and unreasonable, is there still a way to mend your relationship with them – or when nothing else works, to take a firmer stand so that things can work out better?
Getting a good tenant can guarantee you a steady stream of passive income. However, despite the landlord’s responsibility to treat tenants with all the respect they deserve, there will always be some who would give more trouble and headaches than their rental’s worth.
Living alone in a big city like Kuala Lumpur is sometimes more challenging than anyone can imagine. Most young people are unable to afford renting a whole house by themselves and will choose to share a house or apartment with others. If you are one of those who are sharing a house with other housemates or roommates, you’re bound to face some issues eventually.
Well, there is this humorous saying that buying a home is unlike buying some vegetables from the wet market. To first time home buyers, it’s a major decision to make in life, and an important learning process. To property investors, making a sound decision ensures easy management (including renting out and fetching good rental) of the property, and of course most importantly, profit making when he/she sells off the property in the future.