Slowly but Surely

I guess its time for me to look for new projects and new development. A lot of good developments around in Shah Alam coming up.. As we all know, currently we are experiencing some sort of an economic downturn but the property market is still flourishing in Malaysia and to anyones surprise, people are still buying new properties. Just have a look on your daily newspapers! Theres tonnes of new housing development and all are offering affordable packages and people are still buying. Economic downturn? Theres something for everyone! You just have to look carefully. Indahria will be coded (#001) from now onwards for my future reference. Hopefully by the end of year i can add up a new property (#002) to my listing.

Moving forward, everything is looking pretty good. The tenancy agreement is all completed and will be given to my tenant to be signed. Didnt even manage to become a resident of my own home but i believed i made the right decision by renting my place out. My passive income column is growing, slowly but surely.

Tenant Found!

Ladies and Gentlemen, we have a winner!

The apartment has now found its new tenant today and i hope that this would be a great and long win-win situation between myself and my tenant. As i have previously mentioned, i was in no hurry to find a tenant but hey, why not? Of the many types/places that i have put up my ad (mudah.my, forums, etc, etc) my tenant found my ad from a channel that many of us would not even think of putting up an ad there but it definitely works for me (& i am not telling how) Boo!Hoo!

More stories regarding this later. In the mean time, i am getting myself occupied with a Tenancy Agreement to prepare, got minor repairs and adjustments need to be done to the apartment, final checks with the management office to be sorted out and heyyy, finally, postive cash flow starts flowing... i can just feel it.