Go The Extra Mile.

A few years ago, I rented out my house but I did not face any problem because the tenant was a real gentleman in every sense. Everything was in black and white. Three months deposit and another RM300.00 for water and electricity.

A specified date was agreed for rental payment and I made sure he paid on time. That was one problem solved. Next, I would, without fail, called up the utility companies in the middle of every month to check on the status of my bills. That way, I could keep track on them. Once a while, I would drive past my house to “double check”. That was done mostly at night.

The second tenant was okay too. She did not give me any problem. I guessed I was just lucky. Only the third tenant gave me a slight problem but I nipped that in the bud. I did not let him dictate to me. One month default in payment, I gave him the ultimatum.

After the final settlement (I made sure he did not owe me), I returned the deposit one month later through his bank account. That was one way to safeguard my interest.