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Type: Posts; User: Bluekiwi
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Just look at Dominique Stevens and his predecessor in around 2003.
He was 99.9% wrong.
13 out of 16 at barfoots taka auctions sold under the hammer today.
95% bought by Chinese bidding against each other.
In 3 months time you will read in the herald that the market has turned good...
Yep I am a useless speller sorry.
Doing very well property trading in Papatoetoe.
Sussie Synam I think is second name, Malcolm Hesseltine.
Sussie was a student of yours maybe or at least knows your wife and MH I assume you remember.
Talking with Malcolm and Sussie about you today Dean.
Amongst other things of course.
Could you explain that comment in more depth Dean.
Are you saying that anyone listing in early Jan does so as they are under pressure to sell.
With same thing applying late Dec through to mid Jan....
Only around 750 trademe listings on the shore.
Still very very low levels.
When listings hit 1,300 that is when I get concerned, has been a while since that high.
For property trading its an obvious expense.
For rental property I would put it under part of the capital cost of purchase.
But I am no accountant.
Crikey I just read this article.
This is more on the mark, similar to what I just said.
Can I just say, as a long time watcher of...
Another article written by someone who doesn't know what he is talking about, well in the last paragraph anyway and the one Eri has quoted.
The Chinese have a small proportion of wealth in the...
Where will people put money with shares about to crash, where will people go with economies cracking, and political issues snowballing......
Great time to be in Auckland property isn't it.
Anyone got some good advice.
Basically looking for good quality at reasonable price to supply and install 2 bi-fold doors that are replacing ranch sliders, for our personal house.
All the walls of this house I am looking at are logs.
Anything that is not a ranchslider or window, is log.
It is a log house, and inside are also some of the exposed poles of the pole house on a...
One is definitely loadbearing.
Bathroom walls could potentially be.
Yep sounds good.
But nothing will happen unless I find that magical draughtsman that can put an application in to council.
Will keep looking.
Good idea's though, should help to keep consent...
Does anyone know of a good draughtsman who can also do the building consent for me.
Am doing some minor renovations at my house but I do need consent as I am taking out a couple of walls and putting more windows in.
Would anyone happen to know of someone on the shore maybe, who...
That's what they say but there is a comment from RBNZ that will lower it "IF Neccesary" so the commentators are full of BS
You could about 5 years ago when negative gearing was a naughty word.
And the doom sayers were saying how terrible 5% in Central Auckland was.
Tony A was saying yesterday we have decades potentially of low interest rates.
That is very very cool for property investors and anyone in property.
Those people who have constantly had digs at...
I would leave your accountant only to talk to the IRD, a bit like why you use a mortgage broker.
We usually cant help blabbing stuff when we should be keeping our mouths shut.
I am learning about...
Back on to rates.
This is a good reason of why OCR wont go up much for a long time.
And why it could be safer to stay in the short term pool when longer term (US driven) rates, finally ? start to...
It was a do-up in Glenfield that "white trailer park trash" had a brainwave to auction off in a terrible state (Grandmother left it to them)
I have sold it now, spent 5k cleaning it up and sold it...
And if its only 50k ?
I might lose out on another 100k.
Your very much in the same school as Malcolm Hesseltine aren't you Dean.
This is a concept I am getting to grips with right now actually.
With the house I just bought for 640k, should I just spend 5k in cost and sell for 755k and make 100k.
Or should I reno and have a...