Who would be a landlord?

galway said:
As i already pointed out it makes no Business since to enter the Industry at present this well all change once their is a shortage of rental property up and down the country they landlord of the future will not be like the Amateurs I meet ill prepared to run a business in the home rental sector,
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Very hard to take you seriously with statements like this... Havent we be in a housing crisis for years now, with a massive shortage of rental property?
 
galway said:
Ireland is full of them, I was one myself an Amateur Landlord back in the 1980s, Built a house in an area I expected I would move back to and then rented it out,
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What defines an amateur landlord, are you referring to what circumstances transpired so that they rented out a property, or the fact that they are not very professional landlords?

TBF, Im a landlord, and quite a good one at that (I think), the tenant definitely has no issue with and thinks I am far better than most landlords (whether they are the 1 property landlord or the far bigger ones)

I hate the 'Amateur' label, because it infers they are not very professional. Peoples perception of the smaller landlord is that the tenant is living in squalor.. But the fact is, they are living in very good standard accommodation, usually far under the market rate... you can bet you life that a company based landlord will increase the rent as much as possible every chance they get..

When it comes to maintenance, this is a 2 way street - I always got onto things straight away, however doesnt really happen that much (maybe once per year), however you have tenants out there expecting the landlord to change a bulb for them...
 
Facebook post from Ray Cooke an estate agent here making exactly the points that we have been making

Tenants are allowed play the system and overhold/not pay rent for 2 to 3 years - nothing happens to them.

A landlord does something wrong - big fine

All supported by the RTB
 
So many business groups campaigning government now because the oil crisis is making their business unviable, childcare services, haulage firms, heating oil, petrol and diesel, nursing homes, to name a few. People might not like paying higher prices because of supply problems but it’s clear that suppliers need to increase prices to stay in business so the state are planning to step in with supports for those businesses to ensure they keep operating. The state recognises that consumers can’t get a free fill of oil, or use a crèche place for months on end for free for example. Such a contrast with rented housing suppliers where the complete opposite happens and elected officials publicly advise tenants to ignore legal notifications, overhold and refuse to vacate someone else’s property. Landlords really are despised in this country.
 
bipped said:
Such a contrast with rented housing suppliers where the complete opposite happens and elected officials publicly advise tenants to ignore legal notifications, overhold and refuse to vacate someone else’s property. Landlords really are despised in this country.
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I don't think Landlords are despised in this Country,
I suspect the problem is a lot of small Landlords when the next election comes round will vote for the same elected officials who publicly advise tenants to ignore legal notifications overholding and refuse to vacate someone else's property,

To be honest I will include myself along with lots of other Landlords who post on hear who give out about the above elected officials but their DNA is centre right/left in other words FF/FG,

In other Words It Was some other Landlord they were on about not me
they love Landlords who else would be so forgiving,
 
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bipped said:
You’ve heard of the least worst option
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yes I agree
but the least worst option designed the system we have today,
Hi stormy I already seen the article you linked to Mr Martin writing to Mr Brown This is mostly done and copied to Landlords just to keep them on side,
Greenbook said:
5. This has gone to two RTB Tribunals and is now on its way to the High Court
6. Tenant is still in situ not paying rent

In fairness the Tribunal does not appear to have been biased against the landlord, it is just the system. It is designed so that the tenant has every opportunity to make complaints and drag the whole thing out as long as possible.
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stormy said:
Interesting article summing up the mood

Revealed: Landlords' furious emails to ministers
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"The six years would be too much of a gamble for us because if either of us became unwell and needed funds then we would be very stuck and then add to that all the worry and anxiety, it would be just too much for us."

This is what should have every landlord over the age of 50 selling. By the time you retire you want to be out or able to easily get out of any investment that can potentially become a drain on your time and finances. PRS is such an investment. The gates are closing and almost closed already. There wont be much more opportunity to sell up and just enjoy the fruits or your investment. The next step will be a job you cant ever give up without losing a lot of your investment.
 
Premos said:
Very recently my husband was told that being a landlord was immoral (the person did not know we were renting a property).
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None of my colleagues know I own a rental property. Some of them own rental properties but I always ask them questions as if I dont own one, but I understand exactly where they are coming from. You would want to hear the names these people are called behind their backs by their "friends", who actually dont understnad anything at all about what the are criticizing their colleagues for behind their backs.
 
JamieB_ said:
This is what should have every landlord over the age of 50 selling. By the time you retire you want to be out or able to easily get out of any investment that can potentially become a drain on your time and finances. PRS is such an investment. The gates are closing and almost closed already. There wont be much more opportunity to sell up and just enjoy the fruits or your investment. The next step will be a job you cant ever give up without losing a lot of your investment.
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Agreed. Furthermore, the fact that you can’t terminate a lease on the death of the landlord is even more egregious - leaving the executor and the ultimate beneficiaries to deal with a property and tenants they didn’t ask for.
 
Interesting in Ray Cooke's video as well that if the RTB determine that the landlord should pay compensation to the tenant, they will help the tenant to pursue the landlord through the Courts.

If the landlord is owed a couple of year's rent and the property has been damaged, the landlord gets no help at all from the RTB. That is fine if a genuinely large landlord is involved, but shows the bias as most landlords stuck in this situation would have one or two properties. The loss could run to tens of thousands and no help from the RTB whatsoever.
 
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