So Akzle collects a taxpayer 'salary'.
No more needs to be said about reliability, responsibility, ownership, insight, or independence. He's another parasite on the body politic. (as if we didn't know that already)
Hardcore Biker
So Akzle collects a taxpayer 'salary'.
No more needs to be said about reliability, responsibility, ownership, insight, or independence. He's another parasite on the body politic. (as if we didn't know that already)
The Majestic Metal Wizard
From the other side of the coin - we have a significant customer base in the Real Estate sector, so I have been privy to the conversations from the other side (whilst onsite doing work for them).
It seems to me that like most industries you get:
10% who are worth their weight in gold
80% who are average - do an okay job
10% who are shit
One thing I did hear often is that it is not uncommon for Rental Managers to oversubscribe their services ie take on more properties than they can reasonably be expected to manage, apparently there is an ideal amount of properties per manager - but I can't remember what it was, there was some discussion as to whether a cap should placed on the number of properties. In any business, you pay more attention to your squeeky wheel customers and your high value customers. A lot of them also had contracts with Trades people/Handymen and so would often exclusively use them - even if it meant 60 Km in travel time - It's not ideal but then in any industry if you have a contractor you know and trust and are certain they will do a good job for a good price - why risk an alternative?
On the flip side of the coin - I've had 1 who was fantastic (relaxed and always gave me the opportunity to rectify a problem before she took it out of our bond) 1 rental manager who was okay, one who was a bit of a Bitch, one who was okay until it came time to repay my $2,000 Bond, then suddenly couldn't find my Bank account number etc.
Physics; Thou art a cruel, heartless Bitch-of-a-Mistress
Bored Room
Gewry is out on that one ...Originally Posted by RDJ
DeMyer's Laws - an argument that consists primarily of rambling quotes isn't worth bothering with.
No8 Wire Extraordinaire
Bah! Favoritism.
Don't you look at my accountant.
He's the only one I've got.
has made a bo-bo in his nappies
Luckily for her?
'cause the poor bitch would've long since had all her holes drilled, no thanks to you?
Nana
Nepotism...
Sent via tapatalk.
Forum whore
we use an agent on a little place,the monies go in regular as clockwork,any maintenanace issues are rectified pronto,and a plumber and or electician always turn up on the day required.tenancies are always 1 year at a time
Hardcore Biker
As a renter we have had a mixed bag of agents. Was renting an apartment, which had just been done up, and when we moved in there were a couple small niggles (the usual running toilet, a couple windows which were a bit fucked and needed a pretty tall ladder to fix, and some other things I can't remember) they sent some people decently quickly to sort it all out. A few months later and they want to do an inspection. No problem. Organise a time etc. but oh no they have lost their key so one of us has to be there all day to let them in. Happened again when we were moving out and they wanted pictures of the place for a new trademe add. Happened to some friends who were letting through the same agency. Either someone is sneaking some keys for a side business or they have a shit filing system. By the end the manager became a bit shit to deal with as well. There were so many people involved at the agency, different people showing the places, different people walking you through the agreements, different people doing inspections etc. You never knew who you were going to deal with each time something was raised. At least the tradie was consistent across it all.
Had second hand experience via the mother-in-law of the other side. Tenants that she thought were doing a good job but weren't. They place was a rotten sodden mess when they moved out from leaking pipes and ceilings etc. When we were informed of issues they were promptly fixed but we got the impression that the agent was playing the owner off against the tenant all the time and making away with a bundle for doing sweet fuck all. When all the damage came to light after the tenants moved out, the agent was changed and the new one seems to be doing a little better.
Do what you have done, if you find good tenants don't be a grinch with the rent. Don't price it too low to start with, but if you can swing it don't put it up at every chance. That is likely to push people out, even if it is only $5-$10 a week difference, that can make a difference to people on fixed incomes like struggling students (and no, not all of them are diabolical heathens, leaving piss and blood everywhere many particularly postgrad students are happy to finally have something not shit and stable)
Forum whore
you mean they dont have utes.......fuckers
Forum whore
I keep the rents low on my properties. One tenant has been in there for over 10 years. Another tenant over 5. I maintain as soon as needed and both these tenants have an "ownership" pride in their houses. I have had some shocking tenants in the past. No way would I trust a management company unless I was 100% sure in their skills and ability. I much prefer giving them value for money, and getting stability in return, rather than seeking the maximum $$ return.
KB's Chief Cats
i know, right
Kruger-Dunning Parts n Service
Very interesting thread... thinking of becoming a landlord, just missed a great opportunity.
What worries /interests me is whats the best way to do contract in terms of being easily (relatively) to evict non payers. Is there enough basis in law or do you need a well written agreement.
I like the comments above about keeping rent constant for low income people and how your better off keeping a consistant payer in there long term. A lady I new in banking recently said with renting you should really only budget on the property being tenanted for six months of the year as finding new good tenants isn't easy or quick....
Every great cause begins as a movement, becomes a business, and eventually degenerates into a racket - Eric Hoffer
Forum whore
It's not possible to easily evict anyone. People can essentially squat in your house and there is sweet fuck all (legally) you can do about it.
Embracing mediocrity
The only way of keeping the right to get rid of a tenant is to always rent on a fixed term tenancy, if you like them you can sign them up again for another year, if you don't you give the required notice (21-90 days) that the tenancy isn't being renewed.
If there are real issues the only option is the tenancy tribunal, been there a couple of times and in both cases they immediately ended the tenancy, you can at that point legally enforce the eviction. Never got the money that was owed other than not refunding the bond, sometimes you just have to put it down to another cost of business and move on.
Never used a property manager, and never had to rent through one, but from the people I've talked to at both ends of the business they vary from amazing to completely useless. The only way to know is to talk to some of their current clients, if they won't provide details of someone to talk to that's probably a bad sign right from the start.
The latest scam by property managers is to rent properties on a yearly basis as above, but as they are effectively signing up a new tenancy agreeement every year they consider it to be a new tenancy, so charge the usual fee of a weeks rent for a new tenancy so the tenant can carry on living where they're already living. The options are basically pay up or fuck off.
Riding cheap crappy old bikes badly since 1987
Tagorama maps: Transalpers map first 100 tags..................Map of tags 101-200......................Latest map, tag # 201-->
Hardcore Biker
Crockers are currently doing 6 month agreements for many properties in central Auckland... and I bet they're not the only one's taking advantage of the current situation.
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