Originally posted by Perry
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Back to super you have to remember the whole pension/entitlement system was started in Europe and designed to last around 3 years. The entire system has become a ponzi scheme that will fail unless you can sustain large amounts of tax paid growth in each country. It has bankrupted the USA and it will eventually fail everywhere. That's why we invest in real estate. My 84 year old mum gets $140 a week after 65 years of paying tax.
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Originally posted by Viking View PostI have yet to see a property manager that uses anything but the State hand outs or similar one page sign here's.
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Originally posted by MichaelNZ View PostPut it this way - If I, as a business owner, found myself in need of a agent and parasitic support services, I'd seriously question my suitability for the industry.
I take a lot of pride in knowing my stuff, working at the coalface and giving my customers good value and conscientious service.
Don't confuse owning a business and working for a living.
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Originally posted by MichaelNZ View PostI have always left places in the same or better condition than when I moved in.
I stepped up in the Xmas gift stakes and gave hampers - all the tenants were gobsmacked.
I like to think good propterties cared for by a good landlord attract caring tenants.
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Originally posted by MichaelNZ View PostHopefully also rental WOF's to put a stop to people who buy run down houses and blocks to flats to rent out (at high returns) to folk on low incomes.
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^^^Don't be silly Wayne. Sky, IPhones and booze take priority.
Also, before the readers razz me. I generalize here.
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Originally posted by MichaelNZ View PostIt should be done as a package of measures with the aim of decreasing property prices, increasing home ownership and bringing 'investment property' into line with other business activities from a financing and tax perspectives.You can find me at: Energise Web Design
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Originally posted by speights boy View PostI just thought you might have some practical ideas, as you seem to mention this desired regulation on numerous occasions.
Tenant certification would need to cover all or most of these things. So, not sure about practical .... but Tenancy Services could keep and maintain a tenant database which produces a dated certificate which includes:
- record of any TT decisions whether won or lost, and whether on the online database or not
- name and contact details of last 2 landlords
- copy of last 2 bond refund forms
- recent police report
- recent credit report.
Alternatively, the first 3 could be provided by TS and the last two have to be provided by the tenant. The LL's checklist showing that all these items have been supplied then is sent to Tenancy Services. Tenant certification is not complete until the checklist is fully complete, signed by LL and tenant as correct, and submitted. LLs take on uncertified tenants at their own risk.
This would be a similar sized national system to the proposed rental WoF but with fewer clipboard warriors. Still hugely expensive. Of course this is never going to happen, but it is roughly equivalent to the rental WoF.
Perhaps more practical would be a dated and recent report from TINZ, to be provided and paid for by the tenant.
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Originally posted by drelly View PostWhat measures are you talking about? And how is investment property not in line with other business activities regarding finance and tax?
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Some good suggestions there artimus.
As you say, would be expensive.
Would landlords be happy to pay for all this ?Last edited by speights boy; 22-12-2014, 02:28 PM.
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Originally posted by Damap View PostSounds like Michael is suffering from being the smartest person in his team. Never ends well......
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