Just listed a chch rental on TM - had someone contacting me within a couple of hours offering an extra $50 above the listed weekly rental. should i be concerned? or have other landlords had this happen? i understand maybe its a good time to be a chch landlord but the old maxim 'if its too good to be true, it probably is' sounds appropriate...
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Someone offering more than the listed rent - should I be concerned?
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Originally posted by rentalrunner View PostJust listed a chch rental on TM - had someone contacting me within a couple of hours offering an extra $50 above the listed weekly rental. should i be concerned? or have other landlords had this happen? i understand maybe its a good time to be a chch landlord but the old maxim 'if its too good to be true, it probably is' sounds appropriate...NZ Tax fixed fee accounting, we are an online accounting practice. Our integration with Xero and our unique approach provides provides superior value to our clients.
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Originally posted by jimO View Postits a good time for ChCh landlords to ripp off their tennants
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I have offered over and above the asking rent in years past when there were very few good places on offer, so I wouldn't be concerned. Enjoy it.
its a good time for ChCh landlords to ripp off their tennants
Classic lefty crap. Didn't hear anyone denigrating the tenants for paying so little in years gone when interest rates were higher and vacancies abundant.
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A few years ago, I rented out my home when I moved to Tauranga for awhile. We had an open day and had a large number of tenants come through. One family offered something like $80 more a week to secure the house, pushing it up to $600/wk - well above the market rate at the time. They were my favoured prospect tenants even without the offer of money, so for me, that was a bonus. Their motivation? To live in the school district that they wanted. They moved out a year or so later to go to Japan - but it didn't work out. When my replacement tenants moved out after 6 months, the original family moved back in and stayed for another few years until I moved back in. I am possibly moving out again later this year - and I have already contacted them in case they are interested in coming back.
So... for me, it worked out to be a very positive thing. I had excellent tenants - AND more money in the bank. Find out their motivation for paying more.Lisa
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Originally posted by buxlo122 View PostHi rents mean more incentive to build property this restoring the balance.
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Christchurch people are desperate to secure safe rental accommodation many are/have been home owners and for the first time in years they've been forced into the rental market. I know of one couple paying $750/week for nothing flash!! Been out of their own home since Sept 2010 and no sign of the Insurance Co playing ball any-time soon So do your normal checks and see how they come out with them.
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