How to get a tenant who suddenly ran away due to rent to come back and give you the money automatically!
Yes, you can make money by investing in real estate, but the money is yours only if you rent it out and receive the rent.
If you cannot collect rent from your property in KL and are bullied by your tenants, you still have to humbly beg them not to leave.
Then don’t walk away, because this article is written for you!
Hello, homeowners
Investing in industry is to make money and create passive income.
I hope to be a happy landlord.
But often the opposite happens.
Who can understand the sadness of the homeowner?
01
If the tenant does not pay the rent, not only will he live there for nothing, but he will also have to owe money for water and electricity.
If the utility bills are under your name, when the tenant runs away,
The owner is responsible!
02
The agent clearly told you that it was a Chinese family living here.
The result is that African blacks come in
03
When you are in a meeting, tenants keep calling you.
Sometimes you are told about a water leak, sometimes the air conditioner is broken, and you receive complaints all day long, which seriously affects your work. If you don't handle it immediately, the tenants will be unhappy and think that you have not fulfilled your responsibilities as a landlord and deliberately delayed the rent payment.
So whose fault is it?
04
When the above problem occurs, the previous agent does not respond to you.
This is not the worst!
05
If the tenant knows that you live in another city, you can do nothing about it even if they don't pay you rent.
Because it is very troublesome for you to go to his house, not to mention that you have to fly here if you live in Sabah/Sawarak. As a result, half a year has passed, and if the rent is RM2000 a month, he owes you RM12,000!!
In fact, these are problems that most homeowners have encountered before, and they are nothing new.
But,
The next two minutes
I will tell you four ways to solve the above problems.
The point is, these four methods
Easy to understand
Easy to execute
You are in control
If this is what you want, then put down your work and give yourself two minutes to read every word that follows carefully, because as you read,
Countless homeowners have used these methods.
Continue to buy more properties and rent them out with confidence.
Do you wish to miss it?
Testimonials
Mr.Thien, from Tawau, Sabah
Engaged in timber transport, plantation and development industries
After accumulating wealth in business, I saw that the industry started to rise rapidly in the 2010s. It can be said that at that time, as soon as the house was built and the keys were handed over, I could sell it immediately and earn at least RM100,000 !
After tasting the sweetness, Mr. Thien bought a large amount of real estate.
At the peak period, I bought 9 properties, 5 of which were condos and 4 were shops and factories.
However, since 2016, condo supply has reached saturation point.
After countless battles of wits and courage with tenants,
Mr.Thien found that in the rental industry, you only need to do these three things
Step 1
How to rent out your property in the shortest possible time
Three steps to rent out your property in the shortest possible time
01 Casting a Net 02 Hunger Marketing 03 Optimize your home
Step 2
Confirm the tenant’s identity
Here are four important keys, remember them!
01
When the landlord signs the lease, it is best to meet the tenant in person.
Otherwise, you might just rent an IC and if something goes wrong, you won’t even be able to find the person.
02
Ask the other person about their occupation to see if they are hesitant
If you are hesitant to answer even your occupation, there may be a problem. Common problems are that you are running an illegal call center or placing a bitcoin machine.
03
The importance of a lease
Those things that have been damaged, or what has been provided, are all clearly written, otherwise you won’t know what has been provided.
04
CTOS Report
You can get CTOS report to see if the tenant returns the car, house installation or credit card on time.
Step 3
What can a landlord do if a tenant doesn't pay rent? (common practice)
If the tenant does not pay the rent, we have always advised the landlord not to take legal action because it is a time-consuming and costly process.
Unless the tenant has absolutely no intention to settle and has no intention to move out, we will have to take legal action, otherwise they may ignore you until next year.
Case 01
The owner is in Tawau, but the house is in KL.
The tenant owed three months' rent, and when we went to the site for a visit, we found more than 10 foreigners living there.
We said that if the rent is not paid tomorrow, we will call the police to suspect that the person living here does not have a valid visa.
As a result, they paid the rent of RM7200 to the landlord the next day.
Case 02
The tenant has been in arrears with rent for 3 months, doesn't answer calls, doesn't reply to WhatsApp, and we are worried that something has happened to him.
We added all his Instagram friends, hoping to contact him.
The next morning at around 8 o'clock, "Thanks God, he's fine"
I also told the owner that I would return the keys to him within three days.
Have you ever had a tenant run away?
I owe you 1-2 months’ rent, less than RM5000, but I don’t know how to collect it. It’s expensive to hire a lawyer, so I just forget it because it’s too troublesome.
In fact, we can recover debts less than RM5000 through the Small Claim Tribunal Court.
Case 03
The tenant owed more than RM4,000 in rent and the landlord sought to recover it through the Tribunal Court.
There was even a case where the landlord received a judgment from the Tribunal Court and the tenant owed more than RM3700 but only paid back RM3000.
The remaining RM700 was over a year and a half later, the landlord suddenly contacted him and said he wanted to pay back the money.
Because his CTOS report contains this Court Case record,
This makes it impossible for the tenant to open a company current account at the bank.
After all methods have been exhausted,
If the tenant still refuses to leave,
Then there is no way to go through legal procedures (legal practice)
From Letter Of Demand --> Court Order
Case 04
The tenant runs a restaurant and owed RM105,000 in rent in 2019. We issued a lawyer's letter and obtained a court order.
When we were preparing to close the store,
The tenant was able to pay off the rent of RM105,000 within one month.
Step 4
Download three very important apps
TNB
Syabas
Indah Water
All utility bills can be found at
TNB, Syabas, Indah Water Search here
Although the situation has improved a lot,
However, the rental industry is still a human-related business, and it is impossible to completely automate everything.
Especially, it takes at least half an hour to pay the management fees of 5 condos each time, and due to geographical reasons,
I was never able to meet the tenant and could not confirm his/her identity. I could only pray that I would meet a good agent who would provide me with the correct information about the tenant.
In accidental cases,
I found out there is a Property Management company in KL
RentLog Management
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Not only does it manage the property of the homeowner in a systematic way,
01 Collecting rent
02 Monitor utility bills (electricity and water) every two months
03 Our lawyers will assist in applying for a court order for tenants who do not pay rent but refuse to move out.
Get the court order and cut the lock!
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04 Every year, the statement is convenient for paying income tax
05 Repair, maintenance and cleaning solutions
06 Help pay land tax, property tax, maintenance fees
07 We have also developed our own management system app. Tenants can pay rent in the app, and landlords can keep up to date with the latest information. All files can be downloaded at any time in our app.
Why do homeowners trust RentLog to manage their properties?
The reason is actually very simple. As a homeowner, you don’t really need much.
01 Receive rent
02 Don't bother me
03 The house is well protected
Just these three things.
But the rental industry involves people.
When the landlord directly takes over the property with the tenant,
Landlords are often unable to refuse tenants' requests.
Even some unreasonable demands such as deducting rent
The landlord is caught in a dilemma and may be easily soft-hearted. It would be more appropriate to let a third party handle this matter according to the rules and in a humane manner.
Homeowners can enjoy the fruits of their labor more happily.
Just wait to collect the rent.
Because...RentLog is your remote personal butler!
Customer feedback
Imagine that when you are meeting with other boss friends, you say that you have so many businesses in KL that you already have a professional company to help you manage them.
Imagine that next time when you are in a meeting or busy, there will be no more calls from tenants.
Imagine that you can instantly get the information of 9 properties with just a Whatsapp, a phone call, or opening the RentLog App.
Most importantly..
Without having to worry about collecting rent, you can continue to invest in more properties with more confidence, let your tenants help you pay for your house, create more passive income, and prepare for a rich and prosperous life after retirement.
My friends all said: You are fine, you don’t have to work anymore, the rent alone is enough to support you.
Why you shouldn't miss it?
Monthly Fee:
10% of rental received/minimum RM200 per month/lease agreement
*Depends on which one is higher
Once again, if you rent out a house, the rent must be collected before it is yours.
We are rent collectors, not debt collectors.
Although the tenant ran away,
We have successfully helped the landlords recover more than RM200,000 in rent
We are often able to resolve matters before they go to court, and for many years we have been following the advice of lawyers and police to carry out our actions. All procedures are legal, reasonable and rational.
The important thing is, there is no additional charge for collecting rental debts.
Because this is the scope of our work,
The homeowner only has to pay the attorney's fees if the matter is brought to court.
Wait, we provide you with more services than these
01 Tenant does not pay rent, free first lawyer's letter worth RM800 sent to tenant
02 If the tenant does not pay the rent, you will get a free Tribunal Court Application service worth RM2500
03 Tenant CTOS lite report worth RM20 for free
A total of RM3320 worth of discounts for you
I know that there needs to be a high level of trust between the owner and the housekeeper.
If you are not satisfied with our service within 90 days, we guarantee a 100% full refund within 3 working days!
Tips:
Because every time we receive a customer, we need to fully understand the status of that industry.
If you are renting, you should communicate with the tenant first.
If the space is vacant, we will arrange for the agent to rent it out in the shortest possible time.
So we can only accept 30 new customers every month,
This month is over, you have to wait until next month,
Then your situation may be delayed for one more month, and your house will be empty for one more month.
This means you have to worry for one more month and collect one less month of rent.
Without further ado,
3 days of discounts you can't miss,
11-14/7/2024 Let RentLog be your remote personal butler and you can get one month free of management fee
When bosses have employees to share their worries and work hard for their business, do you still need a personal butler to manage your business?
Starting from RM200 per month ,
If you sign up for our service,
If you are not satisfied with our service within 1 month,
We refunded it in full!!
And the first 50 customers,
Free one month service fee.
Contact us, 👇
📲📲Click Whatsapp
https://wa.me/60126071022
📩Email:
admin@rentlog.asia
Rentlog Management (M) Sdn Bhd
Email: admin@rentlog.asia
Phone: +60126071022
Whatsapp: https://wa.me/60126071022
Address: No. 2-2,2-4, Jalan Radin Anum 2, Bandar Baru Sri Petaling, 57000 Kuala Lumpur
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