Kia ora Emily, I have been reading your Friday night chats for a few weeks, but it took today for me to pay for an annual subscription. The reasons are because what you write is SO compelling and also, you are feeling sick. Yes, you showed up for all of us and our inboxes today (we are grateful, especially for the curation so we can easily absorb this information) but hey you’re sick!!! You need the night off. I hadn’t budgeted an annual plan, but if it means you take the night off (I know that’s unrealistic when you’re a parent) or at least a night off your writing job, then please take the night off. We need you to keep writing this stuff because it helps us make sense of everything that seems out of control. So look after yourself tonight. Get under that duvet! Rest and recover. And thank you thank you thank you thank you.
I didn't post because I didn't want to sound like a sanctimonious bitch but you said you wanted to hear. I manage our family trust property. Someone told me we 'have to' charges market rent or it will mess up the market. I ignored them. I chose the very low end of the then market. I notified the tenants in writing that rent would be reviewed annually by the published cpi. However, for two years I've told them what it could go up by (about $6pw) but have chosen not to apply the increased. It does not accumukate so if I ever do apply it, the increase will only be the current years cpi. If these tenants depart (hopefully never), I will not increase the rent for the new tenants.
One thing I hate is my insurer demands I inspect the property every 3 months. I consider this an invasion of my tenants' privacy and only visit that often because I have to.
I have friends who recently bought a couple of investment properties and are quite upset at not getting tax breaks any more. They feel other "businesses" get tax breaks so they should too (there's probably another topic there on business/company tax!) I actually didn't realise the breaks they got! I'm sorry for my friends that they will be a in a worse financial position but philosophically I believe everyone should pay tax on their income no matter what source it comes from. I've avoided saying any of this to them :-)
They’re not loading me up with their woe. Sometimes you have to look at the overall value of a friendship and not get into things that you disagree on especially if it will cause them more stress for the sake of a good friendship
Kia ora Emily, I have been reading your Friday night chats for a few weeks, but it took today for me to pay for an annual subscription. The reasons are because what you write is SO compelling and also, you are feeling sick. Yes, you showed up for all of us and our inboxes today (we are grateful, especially for the curation so we can easily absorb this information) but hey you’re sick!!! You need the night off. I hadn’t budgeted an annual plan, but if it means you take the night off (I know that’s unrealistic when you’re a parent) or at least a night off your writing job, then please take the night off. We need you to keep writing this stuff because it helps us make sense of everything that seems out of control. So look after yourself tonight. Get under that duvet! Rest and recover. And thank you thank you thank you thank you.
Hi EWW
I didn't post because I didn't want to sound like a sanctimonious bitch but you said you wanted to hear. I manage our family trust property. Someone told me we 'have to' charges market rent or it will mess up the market. I ignored them. I chose the very low end of the then market. I notified the tenants in writing that rent would be reviewed annually by the published cpi. However, for two years I've told them what it could go up by (about $6pw) but have chosen not to apply the increased. It does not accumukate so if I ever do apply it, the increase will only be the current years cpi. If these tenants depart (hopefully never), I will not increase the rent for the new tenants.
One thing I hate is my insurer demands I inspect the property every 3 months. I consider this an invasion of my tenants' privacy and only visit that often because I have to.
Bring on a third post! 🥰
I have friends who recently bought a couple of investment properties and are quite upset at not getting tax breaks any more. They feel other "businesses" get tax breaks so they should too (there's probably another topic there on business/company tax!) I actually didn't realise the breaks they got! I'm sorry for my friends that they will be a in a worse financial position but philosophically I believe everyone should pay tax on their income no matter what source it comes from. I've avoided saying any of this to them :-)
Why avoid it, be brave and let them know your thoughts. If they are loading you up with their woe, give it to em straight. Kia kaha.
They’re not loading me up with their woe. Sometimes you have to look at the overall value of a friendship and not get into things that you disagree on especially if it will cause them more stress for the sake of a good friendship
Thank you thank you get well soon
The image of the landlord holding up a city is very Atlas Shrugged lmao 😂
Drastic situation needed drastic measures. Already looking forward to your third post on this.
Is it possible to private message you Emily? I tried to reply to your email not sure if it worked.