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All Forum Posts by: Roy Tan

Roy Tan has started 3 posts and replied 3 times.

Post: How to get the best rent?

Roy TanPosted
  • Real Estate Investor
  • Singapore, -
  • Posts 3
  • Votes 0

I wonder how can get the best rental estimate for my units? 

Will Zillow rental estimate an accurate guide to price my rental request?

I had experience in getting high rents on some units pretty fast after they were listed while some have to reduce rents to get them rented.

Thank you.

Post: How to get rid of a toxic property?

Roy TanPosted
  • Real Estate Investor
  • Singapore, -
  • Posts 3
  • Votes 0

Hi,

I ventured into property investment in memphis about 2 years ago.

Invested a few units in this city. All are on track for positive cashflow except one which is in a poor neighbourhood area. About 9 months ago, the unit was left vacant and soon after, it was vandalised.

My local property mgr was underperforming and i had to change a new one from sept 2014.

My insurance company rejected my insurance claim and if i am to repair, it will cost me over $6-7K. This unit was bought at 49K. Even if i repair it, it may still prone to vandalism.

Any kind advise out there as in how to deal with this toxic unit?

Post: Hello from Singapore

Roy TanPosted
  • Real Estate Investor
  • Singapore, -
  • Posts 3
  • Votes 0

You may find my introduction strange because i am not a local. However, i do property investment in Memphis areas and i like bigger pockets platform.

Property Investment Singapore