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Type: Posts; User: flyernzl

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  1. Replies
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    Any adjustment in the house price-to-rent ratios...

    Any adjustment in the house price-to-rent ratios for what must be provided by the landlord and included in the rent?

    For instance, a cooking appliance, heating, and so on.
  2. Replies
    1,016
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    121,090

    Same way as the Government should 'fix' the price...

    Same way as the Government should 'fix' the price of shoes if he cant afford those, and 'fix' the price of iPads if he can't afford one of those.
  3. Replies
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    Aha! Rent control !! 'Gunnar Myrdal stated,...

    Aha! Rent control !!

    'Gunnar Myrdal stated, “Rent control has in certain Western countries constituted, maybe, the worst example of poor planning by governments lacking courage and vision.” His...
  4. Replies
    1,046
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    210,338

    Sticky: The second question that a bank will ask when you...

    The second question that a bank will ask when you want a business loan is "what real estate can you put up as security for this loan?"
    No property = no loan.
  5. From talking with mortgage brokers, I am told the...

    From talking with mortgage brokers, I am told the problem right now is assessed serviceability.

    The main trading banks are looking at a property investors ability to service the loan on P&I at 7%...
  6. Replies
    217
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    13,412

    Well today I went and took the measurements of my...

    Well today I went and took the measurements of my one currently vacant South Auckland property.


    The living room is 20.72 sq.m, but there is an adjoining dining/kitchen area of 12.33 sq.m, so...
  7. Replies
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    13,412

    There seems to be a widespread belief that all a...

    There seems to be a widespread belief that all a tenant has to do is say "Hey, there is no insulation", text or call MBIE and $4000 will be instantly extracted from their landlord and sent to them.
    ...
  8. Replies
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    13,412

    Shows the dangers of actually giving the reason...

    Shows the dangers of actually giving the reason for the 90 days notice.

    Never EVER give the reason: just say "Because I want you to leave".
  9. Replies
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    13,412

    No. See:...

    No.

    See:
    https://www.mbie.govt.nz/about/news/no-extensions-for-landlords-who-dont-comply-with-insulation-requirements/

    "“The RTA does not allow for extensions, and this would be unfair to ...
  10. Replies
    1,046
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    210,338

    Sticky: The past month has given us the not entirely...

    The past month has given us the not entirely unexpected sight of two of our Lords and Masters laid low.

    Firstly, the Privacy Commissioner has had to ‘temporarily withdraw for review’ his guide to...
  11. Replies
    217
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    13,412

    Roscoe, someone asked me that actual question....

    Roscoe, someone asked me that actual question.
    My only advice I could give was to buy conditional on vacant possession (so the existing long term sitting tenant who wishes to stay would lose their...
  12. Replies
    217
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    13,412

    Agreed. That's the situation.

    Agreed. That's the situation.
  13. Replies
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    92,092

    Poll: Afraid not.

    Afraid not.
  14. Replies
    217
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    13,412

    There is a 'no excuses policy' in force: "From...

    There is a 'no excuses policy' in force:

    "From 1 July 2019, a landlord who has not installed ceiling and floor insulation where reasonably practicable will be in breach of the Residential...
  15. Replies
    3
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    487

    NZPIF Insulation Survey

    The new Minimum Standards for insulation come into force next week.

    We are conducting research to estimate how prepared the industry is and to also establish what will be required to meet the...
  16. Replies
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    Views
    263

    Ramp Up - Saturday 13th July 2019

    Auckland Property Investors Association Event:

    Isn't it time to break out of the buy-and-hold hamster wheel?

    Are you ready to take your property portfolio to the next level?

    Do you want...
  17. Replies
    899
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    92,092

    Poll: Lawyer = arrogance and ignorance.

    Lawyer = arrogance and ignorance.
  18. Replies
    899
    Views
    92,092

    Poll: Somehow there seems to be a strong belief that...

    Somehow there seems to be a strong belief that having a tax loss makes you money!
  19. Replies
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    1,451

    I would say that you have not thought thru...

    I would say that you have not thought thru exactly what you are trying to achieve.
    Without a set goal you are rudderless.
  20. Replies
    5,360
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    838,271

    "affordable housing for the local population...

    "affordable housing for the local population earning local incomes would be if property prices fell (for potential owner occupier property buyers), or rentals fell (for renters)"

    Or if the...
  21. Replies
    275
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    55,466

    Govt options? Rent control.

    Govt options?

    Rent control.
  22. Replies
    19
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    1,617

    A dollar of tax deducatble debt may be worth less...

    A dollar of tax deducatble debt may be worth less than a dollar of cash that has no tax implications.
  23. Replies
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    1,617

    Bear in mind that the $200k in cash will be your...

    Bear in mind that the $200k in cash will be your own money to do with wahtever you like, with no tax implications.
    However, if you use it to pay off the mortgage on your rental (where the interest...
  24. Replies
    275
    Views
    55,466

    Interest rates down 50%

    Interest rates down 50%
  25. Replies
    1,046
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    210,338

    Sticky: Acquiring a new tenant for a residential rental...

    Acquiring a new tenant for a residential rental is always a stressful time, stressful for both those applying for the tenancy and for the landlord.

    The landlord is generally in the position that...
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