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Yes, I too am sick of tradesmen who not only charge like wounded bulls, but also often don't do the job properly the first time so need to be called back..
I have maybe 12 electrical jobs I'd like done (additional security lights, changing light shades, a couple of new power points, a bit of a variety of stuff, but totalling 12) at my home, but as none of them is particularly urgent, I've been putting them off for up to 12 years – because it costs so much for an electrician!! So some overcharging tradie out there has missed out for 12 years because they are too expensive. They are their own worst enemy. But they don't see that, as their ego gets in the way.
I had the best lawyer in the world to represent me in my fairly recent family court property settlement. My partner spun the process out for as long as he could get away with, so it cost me $29,000, but my lawyer gained me an additional $197,000, so to me he was worth every cent. I think some lawyer bashers could perhaps weigh up what they've got to gain, before they set out to find a lawyer. Yes they seem expensive, but mine was worth every cent I paid. I became aware during the process that he'd studied accountancy to further his education, & beyond the settlement I discovered he was also in the process of studying child psychology, to have a better understanding of his clients.
There were 2 lawyers at his practise, & between them they had to earn enough to pay 7 staff, including themselves, as well as pay quite high rent, so I'm probably one of the few who could see where his $350 per hour was going.
His name is Martin Hynes, Bunbury, W.A.
Yes, let's name the good service people
…….and as for you "crashy", yes whining & moaning can bring prices down!
I took my only rental property of 13 years off my agent in August, as I couldn't stand the inefficient service any longer I got from the property managers & most other people who attended my property, which included the blind man, electrician, plumber, maintenance men. I'd been asking for 13 years, for any tradies who attended my property, to call me from the job, as I wanted to ascertain whether I was going to pay, or whether the tenant was going to pay for the problem. I think 2 of about 12 (we had a couple of very damaging storms) called me from the job, which I didn't know had been completed til the payment was deducted from my rent. I found out too late each time, that the lack of calls was mostly the fault of the property manager's assistant (assistants should be made to pass some sort of an exam prior to employment!!!!) who didn't request a call be made from the tradies.
So they all lost out, the property management company & the tradies.
I've also found that people who seriously overcharge have their head stuck a long way in where daylight don't go, & they have no perception that they have a disgusting reputation. They also seem to be unaware of karma.Onya Rachel, you did well
A little bit of knowledge goes such a looooooong way with rental properties, doesn't it?
Glad it worked out as well as it has for you,
Cheers,
LizBit cheeky I know, but in the past, whenever I've had to sign a new Authority To Manage form for a new agency, I cross out their 2 year date & write in it's place UFN, then initial it.
When they query that, I just tell them I'll stick with their agency for as long as I'm happy with their service!
And do they tell me to go jump? Course not, they want my businessSome of us have been conditioned through our parents and others, to have a "scarcity" mentality.
It's up to the newer generation who're whingeing about "cant' afford this, can't afford that," to break out of the scarcity frame of mind. And it can easily be done, just look at the examples given by some of the posts immediately preceding mine
Don't let fear get in your way.
You don't have to be wealthy to invest, but you sure need to invest to be wealthy (as in own your own home).I'm with you on that one bardon.
Debt (if you handle it astutely), makes money. Sitting on your hands doesn't.
I detested secondary school (boarding school) & so did very poorly with secondary education, but decided the day I left there that for me to get ahead, I'd just have to work long hours, end of story.
And that's what I've done ever since, worked full-time, as well as a part-time job (while others are sitting in their comfort zones in front of their TV every night), & occasionally I've had 2 part-time jobs.
I've built myself up to currently owning 2 houses, I have no debt, & am about to commence having 2 units built behind one of them.
Being female, debt doesn't sit very well with me, so I pay off a mortgage much faster than is necessary (which makes the cost of the loan much less) and that then leaves me free to go get another debt My comfort zone's slowly getting used to it.
We don't have to be wealthy to invest, but we sure need to invest to become wealthy!Hi Joely,
I'd move into it, & rent out the one you live in now, if the one you currently occupy is of a good rental standard.
That way I'm sure your existing mortgage becomes tax deductible, and you could do lots of the work you're planning to do in the second house, in your spare time, saving you lots.
I feel you'd be doing yourself a big financial favour by swapping houses. May need to swallow a bit of pride, but hey, it's your future at stake hereWow! 3491. That was worth all the grind & the going without over the last 20 years!
So that’s my benchmark. I wonder what I can achieve in the next 20 years, but I’ll start with this next 12 months first…….
Thankyou so much Steve McKnight, for sharing your experiences with us & giving us the benefits of your knowledge and wisdom, on which to build our own. You’re a champ!
Cheers,
LizHey guys,
I think we can make our point without putting others down.
Start your sentences with, “from my experience, I’ve found…..” instead of losing control and criticising someone else’s experience, huh?
