More Green's Bull Shi!

[iceman]

Let me get this straight.
You are blaming tenants for not being able to afford to keep their house warm?
You also make it quite clear that providing tenants with a warm healthy home was quite an inconvenience.
You are precisely the reason why legislation is required to protect tenants.

What a load of nonsense. whatsup said his family did all what was required by the legislation and it achieve diddly squat except more costs and increased rents. Most landlords are in the same situation.

[ValueNZ]

What a load of nonsense. whatsup said his family did all what was required by the legislation and it achieve diddly squat except more costs and increased rents. Most landlords are in the same situation.

More cost for landlords which means higher rent and less consumer choice. It's a feel good activity really.

[whatsup]

Let me get this straight.
You are blaming tenants for not being able to afford to keep their house warm?
You also make it quite clear that providing tenants with a warm healthy home was quite an inconvenience.
You are precisely the reason why legislation is required to protect tenants.

No u r sooooo wrong, the property has been totally upgraded, new kitchen, bath rooms, laundry, re carpeted, insulated, painted, new lighting, upgrades switch board, new roof, spouting , heat pump but the tenants wanted to save as much as they could for their own home ( which I totally go along with ) so cut back on power use, replaced the light bulbs with the lowwest wattage they could find, did not ever use the heat pump and turned off the hotwater cylinder every two days in order to save money so again tell me where I went wrong, they even had a cat when they were not supposed to ( cats cost money, food , vets, vaccinations etc !!!!!!!) and to boot they have had to replace the carpet in one bedroom- less than 2 years old due to cats pee at the owners expense after they denied that it was their cat

[Daytr]

No u r sooooo wrong, the property has been totally upgraded, new kitchen, bath rooms, laundry, re carpeted, insulated, painted, new lighting, upgrades switch board, new roof, spouting , heat pump but the tenants wanted to save as much as they could for their own home ( which I totally go along with ) so cut back on power use, replaced the light bulbs with the lowwest wattage they could find, did not ever use the heat pump and turned off the hotwater cylinder every two days in order to save money so again tell me where I went wrong, they even had a cat when they were not supposed to ( cats cost money, food , vets, vaccinations etc !!!!!!! and to boot they have had to replace the carpet in one bedroom due to cats pee at the owners expense after they denied that it was their cat

Very good whatsupp, you did nothing wrong, it was just they way it was conveyed in your first post.

Most tenants I am sure are enjoying warmer healthier homes.

Iceman, in average landlords made a capital gain of $225k per investment property in one year. But they still want to recoup more out of tenants just for providing what most people would consider the bare minimum. That's called out & out greed.
Obviously not all landlords are like this but anyone complaining about providing tge basics whilst making hundreds of thousands of dollars needs to have a serious look at themselves.

[thegreatestben]

It is hard for good landlords, all landlords are tarred with the same brush. I don't know where my hundred's of thousands are? I'm topping up two new builds $1000 a month each!

[whatsup]

Very good whatsupp, you did nothing wrong, it was just they way it was conveyed in your first post.

Most tenants I am sure are enjoying warmer healthier homes.

Iceman, in average landlords made a capital gain of $225k per investment property in one year. But they still want to recoup more out of tenants just for providing what most people would consider the bare minimum. That's called out & out greed.
Obviously not all landlords are like this but anyone complaining about providing tge basics whilst making hundreds of thousands of dollars needs to have a serious look at themselves.

The trouble is " the left is a lie " and the socialists know this but will not accept the truth, imo the only way out of the poverty trap is,
1) education.
2) work as many jobs as you can 2-3 if possible a week while you can.
3) spend your money very very wisely, ask yourself do I really really need this?
3) dont get married too young.
4) make sure you marry the " right " person .
5)when you do get married only have a couple of children.
6) look after your families health ( your greatest asset )
There are many more but you can add to them yourself.

[Daytr]

It is hard for good landlords, all landlords are tarred with the same brush. I don't know where my hundred's of thousands are? I'm topping up two new builds $1000 a month each!

Really! Hells bells you surely not saying that you have an investment that you actually have to pay something towards.... What is the world coming to!

[thegreatestben]

I also developed them - including being on the tools and owned the land as my personal home for 10 years before I developed.

[iceman]

Iceman, in average landlords made a capital gain of $225k per investment property in one year. But they still want to recoup more out of tenants just for providing what most people would consider the bare minimum. That's called out & out greed.
Obviously not all landlords are like this but anyone complaining about providing tge basics whilst making hundreds of thousands of dollars needs to have a serious look at themselves.

You only make capital gain if you sell at prices higher than you bought. Most residential landlords are playing the long game. None average anywhere near $225k capital gains per year for a typical residential rental property in NZ. If you’re referring to “paper gains” during the COVID madness in 2021, then you should acknowledge the very significant “losses” since then.
For long term residential investors, those imaginary gains and losses have no effect as they haven’t sold.

[Daytr]

You only make capital gain if you sell at prices higher than you bought. Most residential landlords are playing the long game. None average anywhere near $225k capital gains per year for a typical residential rental property in NZ. If you’re referring to “paper gains” during the COVID madness in 2021, then you should acknowledge the very significant “losses” since then.
For long term residential investors, those imaginary gains and losses have no effect as they haven’t sold.

OK take a longer view. What have landlords made in the last 10 years even despite the recent pull back? 20 years?
Nothing wrong with property investors making a profit but don't whinge about the costs of making rentals liveable.