View Single Post
  #26  
Old 10-05-2014, 09:49 PM
Kunama
...

Kunama is offline
 
Join Date: Sep 2012
Posts: 3,588
Some of the ideas above are interesting but rather simplistic in that they fail to take the 'follow on' effect into consideration. When you change one thing you affect many things down the line, if businesses aren't profitable they aren't going to employ people, who then will be on welfare etc etc.....

The views about property investors always amuse me. Seems to me that some people have an unrealistic idea of the actual return a property owner gets from a rental property. Realistically, sometimes I feel I would get a better return from my $$$ if I sold the properties and donated the money to charity.

Unfortunately I find that "tenants" sometimes aren't an asset. These days they won't even replace lightbulbs or smoke detector batteries, instead they call the agent who sends a repairman and bills me for each such callout. Most recently I was billed $110 for an electrician to repair a ceiling fan, turns out the tenants children had removed the batteries from the remote control for their toys, did the tenant apologise or offer to reimburse me for the callout?

Perhaps I lack sympathy for some of the people always looking to blame others for their lot in life, for the cost of houses etc but in my experience those that were most vocal were also the least likely to want to do overtime I offered them choosing to go to the beach instead.
Reply With Quote