Fair Deal changes might actually happen but...

The Govt need to go do their job and build housing for all these people they want to house for free.

Instead of trying to fob off stuff to other people.

renting out my mams house would actually cost her money ...

Simple numbers:

Income - Rent €1000

Outgoings - Tax €480 approx

Outgoings - 80% contribution to Fair Deal €800

Net loss of €280 per month.

This does not include all the other expenses / risks of being a landlord. So even if I could rent her house out for her I'd be doing a disservice to her.

clearly you are trolling so i'll leave you to it.

I was that gobshite a few years back - as single property landlord is a mugs game. If you get the perfect tenant it is fine but when things go pear shaped you have zero protection … as i said I was in the hole for about 10k worth of damages and 6 months of lost rent when I had a tenant wreck my house. but of course if I threw them out I’d be the one paying them compensation. They walked off in to the sunset when suited them and I had zero recourse for compensation …. So I sold and got out of the game.

there is no way in the world i would enter that business again

So a money grab from the state?

As I am at pains to tell you over and over - my mother’s contributions are paying for her care ….. but no .. that’s not enough - you want her to pay more due to the governments incompetence in suppling social housing

Who does the work when it comes to renting it out? Who collects the rent? Who does maintenance/repairs? Who pays for those repairs/maintenance when they have to be paid for on the spot? Who launches legal proceedings when tennants don't pay? The home owner can't do it. They are a resident in a nursing home and may not have the capacity to make any sort of decisions like that.

Are you expecting family members to do all that work and receive no benefit from it? As things stand, small-time landlords don't even want to do that for their own property as can be evidenced from so many of them leaving the market.

Ever try talking to the council about HAP, or RA, they won't talk to you either you're a third party, even though they are paying you. Imagine try to deal with them in an no payment of rent or eviction scenario. lol, thanks but no thanks.

It wasn't random. There was a lag between my post appearing and others posting. So they went out of order.

Say 40-60k for plumbing and electrics. Then if you look at energy efficiency and the minimum standards these old house you could be looking at 100K+. This is another reason these properties (and Landlords) are leaving the Rental sector and these houses are going into private ownership.

If we bring this back to the refugees its likely to be something along the lines of council schemes. People would also prefer to sell up than do that. So Govt buy these properties and bring them up to your own standards. Same with anyone else who thinks they know better how to manage someone else properties. Buy them and them back up your convictions with your own wallet.

Who manages all this. Runs the rental business.

Not correct.

There would be an outlay of approx €20-30k to get the house in to a compliant state to rent out. This is the home of a elderly lady who didn't modernise like most people of her generation. Electrics, plumbing, heating and insulation.

Storage costs for her assets that we can't claim or dispose of. Purchase of new furniture suitable for a house being rented out.

Landscaping and garden maintenance - its about 3-4 hours min a week during the summer to keep the grass down, along with maintenance of hedges, trees etc ... this is the landlords responsibility.

the couple of hundred quid a month would be absorbed very quickly by ongoing maintenance to adhere to the strict requirements for landlords, there would also be the commission that is paid to a rental agency to keep on top of the administration and legal requirements and to ensure that her best interests are catered for.

So it isn't beneficial to my mother in any aspect

Why doesn't the Govt buy all these properties, rent them out. Fund it using Govt Investment scheme that people can invest in, but don't have to manage.

I'll tell you why. They don't want the associated risk or the expense.

All people want it a return on investment, as extra pension. Most Landlords have one property. Thats around 20k gross income a year. Net after all expenses its perhaps 12k a year. 1k a month. (assume no no tenants of course) 250 a week extra for a pension. Could the Govt not do that instead of these half baked schemes. if they won't why not.