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Type: Posts; User: Bluecoat

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  1. gave it verbally to new Agency who signed them...

    gave it verbally to new Agency who signed them up with new property.

    Love to be a fly in the wall what advise they are giving to my tenants.
  2. Yes i cancelled the $20 increase that was due...

    Yes i cancelled the $20 increase that was due BEFORE the lockdown.

    I have reduced by $110 pw and is now periodic. Lets hope they give me 3 weeks notice again before moving.

    Gave them really...
  3. Have a tenant who gave notice before the...

    Have a tenant who gave notice before the lockdown. I have advised them they can stay until lockdown is over .
    They came back with
    New rent reduced by $110 and NEW TA signed
    That tenancy is...
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    891

    Better than the Toilet paper Post. At least this...

    Better than the Toilet paper Post.
    At least this engages your brain.

    Each to their own!
  5. Replies
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    312

    Both locations are poor choices right now with...

    Both locations are poor choices right now with the tourism industry in crises.
  6. you should change your name to iamadreamer

    you should change your name to iamadreamer
  7. One of my tenants whose children moved out gave...

    One of my tenants whose children moved out gave me notice to vacate about one ago. He has secured a 2 bedr unit for $520 Due to lock down , he is looking at a reduced rent to stay on. My 2 storey 4...
  8. It will be tough on those that loose their jobs....

    It will be tough on those that loose their jobs.

    https://www.tvnz.co.nz/one-news/new-zealand/most-kiwis-dont-have-enough-savings-weather-economic-downturn-survey-finds


    Always have a safety...
  9. Replies
    324
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    18,920

    Sticky: As a business owner, I too want handouts -- but...

    As a business owner, I too want handouts -- but wont get a second look as those who get attention (logging firms).

    me ? I just accept its all part of been in a business.
  10. Replies
    324
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    18,920

    Sticky: Monetary stimulus is useless against a genuine...

    Monetary stimulus is useless against a genuine supply shock and and demand for new credit collapses.

    Growth was already weakening for other reasons than COVID-19.
    Monetary tools are not designed...
  11. Replies
    324
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    18,920

    Sticky: And house price inflation- no impact, small...

    And house price inflation- no impact, small impact or big impact down the line ?
  12. Replies
    34
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    2,596

    Can you post the listing ?

    Can you post the listing ?
  13. Replies
    5
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    509

    Most are Tokorua. In a buyers market...

    Most are Tokorua.

    In a buyers market definitely can get some good properties, but in a sellers market its just offloading ones that nobody else wants.
    problem is , these days with prices so high...
  14. Replies
    12
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    768

    Am I correct to think that its not consented now?...

    Am I correct to think that its not consented now?
    As all cladding work requires it.
  15. Replies
    3,217
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    387,791

    councils blimming allow high rises by the airport...

    councils blimming allow high rises by the airport yet the place I am looking is atleast 15-20 Km's away.

    "The property is also subject to an overlay in the Auckland Unitary Plan defined as...
  16. Replies
    24
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    2,702

    Some v good suggestions. Sometimes it may not...

    Some v good suggestions.

    Sometimes it may not be about projects or making more money, it could simply be of giving back, working with not so privileged groups and seeing their life turnaround.
    ...
  17. I have had similar returns - what fund type is...

    I have had similar returns - what fund type is yours and who is the fund manager ?
  18. Replies
    592
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    117,260

    So what basis did you make your initial...

    So what basis did you make your initial purchases? Yield is a pretty good indicator .
    Would you still recommend someone who has 500k capital to buy as many as he can or look elsewhere - from the...
  19. Replies
    3
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    476

    neither. If you throwing money into it its a...

    neither. If you throwing money into it its a liability.
    Why would you rent a brand new house and subsidise it at that
    What of interest rates go up and you have no income ? bad health, loss of...
  20. Property returns will only going to get worse...

    Property returns will only going to get worse with new legislation and TA rulings.

    There will be time when I would reduce exposure to invest elsewhere where you don't get all these headaches for...
  21. does it matter these days - with inflation...

    does it matter these days - with inflation tracking 1.5%. Still better than term deposits.
    Property investment is more tangible than shares. The fact you can borrow from the bank to get started...
  22. You can still invest in some regions for a 7-9%...

    You can still invest in some regions for a 7-9% yield. Only issue is now you have to work for it and costs of keeping is ever increasing - what you receive din your hand a decade ago is very...
  23. The issue with buying Australian properties is...

    The issue with buying Australian properties is the amount of stamp duty and taxes its almost not worth it.

    As for picking ASX minting stocks, few of them could do well, but speculative to buy...
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    5,539
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    921,448

    Waiting for a bargain may never come. Sounds like...

    Waiting for a bargain may never come. Sounds like 80% of the population, waiting for the prices to come down. Or some missed the gains and now throwing their toys.
    Yes the prices are over inflated...
  25. Rent not achievable pre reno Current yield 3.9...

    Rent not achievable pre reno
    Current yield 3.9
    Still in the market after 4 months...
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