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Renters kiss your landlords arse
Topic Started: 9 Oct 2013, 08:32 PM (3,682 Views)
Foxy
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Zero is coming...

Because every dollar you pay helps with the following costs.

yes there is nothing like paying
1) land tax
2) shire rates
3) water rates
4) water usage.
5) repairs
6) interest to the bank
7) vandalism
8) hey insurance
9) did i miss something
9b) The fucking garden.
I have been doing this for 30 years.
Renters just remember to thank your landlord every time you pay him.
And a little tongue would be appreciated.
Peter from
Gnarabup
:pop:
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
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You just figured it out after 30 years?
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mel
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this topic is a paste from a recent comment so i will paste my reply. I make no claim to be an expert but think it's an important issue that's well worth discussing.

fwiw i replied: "to be fair Foxy many of those costs do make their way to the tenant one way or another. Im paying rates on a vacant block of land at the moment and agree the novelty wears off quickly."
Edited by mel, 9 Oct 2013, 08:38 PM.
APF - a place where serious people don't take themselves too seriously. There's nothing else like it.
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Foxy
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Zero is coming...

mel
9 Oct 2013, 08:38 PM
this topic is a paste from a recent comment so i will paste my reply. I make no claim to be an expert but think it's an important issue that's well worth discussing.

fwiw i replied: "to be fair Foxy many of those costs do make their way to the tenant one way or another. Im paying rates on a vacant block of land at the moment and agree the novelty wears off quickly."
it is such a good reply i think it deserves its own thread.
Lets hear what the renter have to say now.
Please note that the great majority of these cost are going directly to the government.
The dumblord gets very little left over.
Peter
from
Gnarabup
:to:

the problem with a block of land is none of the costs are tax deductible.
Peter
Edited by Foxy, 9 Oct 2013, 08:42 PM.
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Massive
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and I'll repost my comment to:

HA !!

Like these aren't factored in when setting a rent price?.... you may not hand over the invoices but its inbuilt into the price..

I should say i'm doing a favour for my clients when I dont bill them for all the computers my staff will use to complete the reports they want - or for each time the receptionist loads paper into the copier, or for when i have to pay the auditer to look over my books ..

we are all charitable folk here on APF...


Business cost is business cost... whether your business is leasing, manufacturing or consulting...

the landlord who has not considered this has purchased their IP's IO expecting huge capital gains like his lawnmower man made in the 2000's is just following the crowd to "easy money" .... dumb money, is dumb money..
Edited by Massive, 9 Oct 2013, 08:54 PM.
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themoops
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Ruby Member
Yeah it isn't a walk in the park, I've always found it funny that land lords have to pay for water. It's the renters that piss it out their dick, or mix it up with their filth down the drain pipe.

But none the less you suck. Because if you bought 30 years ago, my god you've had some seriously unearned money come your way.
Edited by themoops, 9 Oct 2013, 08:56 PM.
stinkbug omosessuale


Frank Castle is a liar and a criminal. He will often deliberately take people out of context and use straw man arguments.
Frank finally and unintentionally gives it up and admits he got where he is, primarily via dumb luck!
See here
Property will be 50-70% off by 2016.
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mel
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Massive
9 Oct 2013, 08:47 PM
the landlord who has not considered this has purchased their IP's IO expecting huge capital gains like his lawnmower man made in the 2000's is just following the crowd to "easy money" .... dumb money, is dumb money..
It has to be said that there are some intelligent and well researched guys out there who know what they are doing and have done well - but i do question just how much money has been made via lady luck for the vast majority of small time property investors or even people who owner occupy in a decent area. We purchased in 2003 in a bad area that just got worse with time. The other home we were considering at the time offered fewer public transport options but has far outpaced the home we purchased due to the demographic not being over ran by ferals. God hates me. No bullshit. :lol
APF - a place where serious people don't take themselves too seriously. There's nothing else like it.
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Massive
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mel
9 Oct 2013, 09:04 PM
It has to be said that there are some intelligent and well researched guys out there who know what they are doing and have done well - but i do question just how much money has been made via lady luck for the vast majority of small time property investors or even people who owner occupy in a decent area. We purchased in 2003 in a bad area that just got worse with time. The other home we were considering at the time offered fewer public transport options but has far outpaced the home we purchased due to the demographic not being over ran by ferals. God hates me. No bullshit. :lol
I've met people who are geniuses and those who simply follow.

Both have succeeded and failed in property and investments. The more smart / modest folk are usually more than willing to admit they had a bit of luck on their side

Those who think property is a "sure thing" or cant figure out costs of leasing a tenancy are already built into their rental charges is the dumb money i refer to..
Edited by Massive, 9 Oct 2013, 09:33 PM.
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Blondie girl
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foxbat101
9 Oct 2013, 08:41 PM
it is such a good reply i think it deserves its own thread.
Lets hear what the renter have to say now.
Please note that the great majority of these cost are going directly to the government.
The dumblord gets very little left over.
Peter
from
Gnarabup
:to:

the problem with a block of land is none of the costs are tax deductible.
Peter
Peter
Were your parents involved in commercial & residential real estate?

I'm also confused why your parents got rid of a lot of their portfolio ? What went wrong/happened?

If you don't wish To answer.... on the forum that's ok...

2 songs

For the bears & tenants who have a decent income....that have no property..

Bob Marleys " don't worry be happy"

U2 "Still haven't found what I'm looking for"

Land tax is for vacant land, you don't want it wasting away doing nothing too long unless you got $$ to play with.
I'm aware of a local agent who has had a block of land vacant for over 10 yrs....in no hurry.
Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$
It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged
Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do.
Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
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mango66
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themoops
9 Oct 2013, 08:55 PM
Yeah it isn't a walk in the park, I've always found it funny that land lords have to pay for water. It's the renters that piss it out their dick, or mix it up with their filth down the drain pipe.

But none the less you suck. Because if you bought 30 years ago, my god you've had some seriously unearned money come your way.
Why should the renter pay moops? After all its the renters looking after the gardens and to some extent if the property is surrounded by lush gardens it does add value to the property.
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