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Type: Posts; User: oc

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  1. Thread: how much deposit?

    by oc
    Replies
    22
    Views
    5,627

    Cash +ve or -ve surely its a matter of timing...

    Cash +ve or -ve surely its a matter of timing buy today with no deposit or next week. month, year, decade or century when sufficient have been aquired.

    Do the maths - capital + rental income...
  2. At times when the international price of...

    At times when the international price of petroleum is at record high - one could ask the question - Should the govt reduce the petrol taxes to ease the burdon for the voters.

    OC
  3. Replies
    9
    Views
    2,328

    Neighbours of our rental properties can be worth...

    Neighbours of our rental properties can be worth their weight in gold.

    I have included some of my rental neighbours in my xmas wine list. Like Betty who called me asking "Are you are aware your...
  4. Thread: Academics views?

    by oc
    Replies
    6
    Views
    1,633

    The so called financial advisors HATE the...

    The so called financial advisors HATE the property market because is is relatively free and deregualted and out of their control. Long may it last !

    OC
  5. Replies
    13
    Views
    2,662

    The actual market value is only known "Post Sale"...

    The actual market value is only known "Post Sale" i.e. the value a property sold for.

    Any other values are only a guess.

    OC
  6. Replies
    5
    Views
    1,594

    :lol: :lol: :lol: Well done everyone. The...

    :lol: :lol: :lol:


    Well done everyone. The numbers speak for themselves.

    winter greetings
    OC
  7. Thread: Profiles

    by oc
    Replies
    2
    Views
    911

    Profiles

    I would appreciate if forumites could update their profiles with their location as it is interesting to determine whether attitudes and ideas vary depending on geography.

    thanks
    OC

    :?: :?: ...
  8. Replies
    34
    Views
    4,784

    Hi CB The maths should speak for itsself....

    Hi CB

    The maths should speak for itsself. Compare your current costs ie Interest rates insurance and maintenance with - interest earned on capital (net of selling expenses) less tax less rent...
  9. Replies
    8
    Views
    1,520

    Seek advice from your local Law Society. ...

    Seek advice from your local Law Society.

    Having a solicitor acting for both parties in a transaction unless the deal is straight forward and you know whom you are dealing with can be a risky...
  10. Thread: Tenant demands

    by oc
    Replies
    8
    Views
    2,077

    Your tenants may be on night rates for his/her...

    Your tenants may be on night rates for his/her water heating.

    OC
  11. Replies
    2
    Views
    985

    Woolston Rental Market

    Greeting All

    The good news is .. the weather in San Jose is brilliant with temps in the mid 20's. We are over her to help celebrate our good friend Denise's 50th.

    Denise is a nurse who has been...
  12. Replies
    3
    Views
    1,387

    Hi Fitboy I think most of us fell some...

    Hi Fitboy

    I think most of us fell some responsibilitly for our tenants.

    As a member of the local property investors assn (South Canterbury) we often have tenants who require a peoperty to rent...
  13. Replies
    10
    Views
    5,618

    Greetings Mariner31 Vacant possession is just...

    Greetings Mariner31

    Vacant possession is just that, there is no tenant in place. Therfore when you let the property for the first time what was in place before is irrelavent. If you have not taken...
  14. Replies
    10
    Views
    3,519

    Shenl Depreciation claims is only part of the...

    Shenl

    Depreciation claims is only part of the story. You state that you own (mortgaged) 2 properties your residence and one rented. If you've done things correctly your rental property should be...
  15. Thread: Age of State Houses

    by oc
    Replies
    5
    Views
    1,134

    Hi Carpet Check the year on the hot water...

    Hi Carpet

    Check the year on the hot water cylinder it may be the original.
    Your local council should have rating history.

    OC
  16. Replies
    39
    Views
    6,828

    Greeting all The following letter was issues...

    Greeting all

    The following letter was issues by Dr Murial Newman Act MP

    regards
    OC
  17. Replies
    1
    Views
    916

    SaraK Not much difference from what we...

    SaraK

    Not much difference from what we experience here (South Canterbury) about 5% of tenants. Our local Property Investor's Association have their names (most assns maintain a debtors list).
    ...
  18. Replies
    11
    Views
    3,442

    I approached the service in person and explained...

    I approached the service in person and explained by problem. Sometimes I think you get a better result with the persoanl approach rather than by phone contact. Some officials can be rather guarded...
  19. Replies
    11
    Views
    3,442

    Hi Lucylou Had a similar problem a couple of...

    Hi Lucylou

    Had a similar problem a couple of years ago and managed to contact my former tenant with the help of the local probation service, it probably help to know where your tenant is being...
  20. Replies
    8
    Views
    6,877

    Greetings Neil A fixed perios tenancy is...

    Greetings Neil

    A fixed perios tenancy is exactly that from - start date to ending date. If tenants wish to stay a new agreement need to be made. You cannot get rid of the tenant during a fixed...
  21. Replies
    2
    Views
    743

    Glenn's correct. This is the Govt fiddling with...

    Glenn's correct. This is the Govt fiddling with small areas of the economy this and the Working for Families package is a method of reintroducing progressive tax by stealth and is an admission that...
  22. Replies
    4
    Views
    1,874

    Greetings Fudosan If you take posession of the...

    Greetings Fudosan

    If you take posession of the property with the tenant in place you are taking over the rental contract you should threfore have the right to see what you are purchasing.

    I...
  23. Thread: Bank Rules

    by oc
    Replies
    26
    Views
    4,701

    Dave Sounds a familiar story - I was with...

    Dave

    Sounds a familiar story - I was with Wespac in 1996 and lined up finance to purchase investment property they stated they would lend up to a certain percentage of RV and after having an offer...
  24. Replies
    28
    Views
    3,651

    Poll: Andrew Point taken OC

    Andrew

    Point taken


    OC
  25. Replies
    28
    Views
    3,651

    Poll: :cry: :cry: :cry: Come on forumites Please...

    :cry: :cry: :cry:

    Come on forumites Please VOTE


    384 views and only 34 votes !!!!!


    OC
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