Property investors

PHOTO: STUFF Last week, the Government announced that property investors could not evict tenants over the next three months, nor could they increase rent for six months

OPINION: As a property investor, I have often been on the receiving end of tall poppy phrases such as “you disadvantage the common man by buying and selling houses to each other, without adding to the marketplace as a whole”.

Or, more commonly, “property investors have it easy and are only in the industry to make money”.

In response to the first message, I wish to share my last working week before the Covid19 shutdown:

I met frequently with my valuer, property manager and her maintenance manager. The maintenance manager created a few new jobs which were tendered for through his network of sub-contractors.

I spoke with my preferred real estate agents, who included their PAs in a discussion involving the local newspaper and potential advertising space.

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