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  1. #21
    Join Date
    Mar 2015
    Location
    Brisbane Wellington Auckland
    Posts
    487

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    Quote Originally Posted by Viking View Post
    How come?
    Let me guess, you are the PM and you are afraid to move the rents!
    1 ; Rentals in certain areas have not moved (based on a registered valuers report)
    2; rentals on others are set at 6 to 12 years intervals. .again the rentals set by registered valuers

    I love to say all areas have moved.

  2. #22
    Join Date
    Mar 2015
    Location
    Brisbane Wellington Auckland
    Posts
    487

    Default

    Quote Originally Posted by Wayne View Post
    I'd wonder why too?
    10-15 yrs and no rent change. You must be running the properties into the ground.
    I don't think tenants would run a property to the ground just because the rent had not changed.
    I not concerned all my properties (occupied ones that is ) are profitable.
    Net yields range from 6.4pc to 20pc + on original cost

  3. #23
    Join Date
    Jun 2004
    Posts
    9,592

    Default

    Quote Originally Posted by Beano View Post
    I don't think tenants would run a property to the ground just because the rent had not changed.
    My thought was that you were running the properties into the ground and therefore couldn't demand a better rent.
    Still don't understand why the rent would stay the same for 10-15 years.

  4. #24
    Join Date
    Apr 2016
    Posts
    2,343

    Default

    It's commercial not residential

  5. #25
    Join Date
    Mar 2015
    Location
    Brisbane Wellington Auckland
    Posts
    487

    Default

    Quote Originally Posted by Wayne View Post
    My thought was that you were running the properties into the ground and therefore couldn't demand a better rent.
    Still don't understand why the rent would stay the same for 10-15 years.
    The lease agreements are set 6 to 12 year intervals (commercial and residential)
    But the outgoings are paid by the tenant
    Last edited by Beano; 19-01-2017 at 04:12 AM.


 

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