What’s the biggest headache of first time landlords?
Slow economy? Soft market? Sibor rise? Bad agent? No tenant?
If you had been a landlord before, you would agree with me that no tenant is still better than bad tenants. As the saying goes, being single is far better than being stuck in a bad relationship.
Another tenant from hell
Last month I went for a haircut with my usual hairdresser and opened a can of worms by mistake.
“How long do you want to cut at the back?”
“Around 1 ½ inch.”
“Are you still staying at Jurong East?” I shouldn’t have started this. It was all my fault.
“No, I’ve moved to Toa Payoh … did I tell you that I finally bought a flat?”
“Congrats! It’s nice to have your own place.”
“I have a spare room so I decided to rent it out.”
“Good to have a tenant helping to pay the loan.” …Read the full article →