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Type: Posts; User: Damap

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  1. Replies
    4,115
    Views
    497,298

    What twaddle. The Herald really losing its grip.

    What twaddle. The Herald really losing its grip.
  2. Replies
    67
    Views
    2,791

    Absolutely right Bob, agents and agency...

    Absolutely right Bob, agents and agency commissions double every 10 years obviously. And most agencies have increased comms from 3 to 4% over the last 10 years.
  3. Thread: Offers Over

    by Damap
    Replies
    5
    Views
    418

    Asian sellers always offer under that number...

    Asian sellers always offer under that number because they set it to see if they can get more. so if asking over 1 mil go in at 850K and let them counter.
    Non asian sellers usually the over is their...
  4. You would be the only one in history Gary ......

    You would be the only one in history Gary ......
  5. Replies
    6
    Views
    295

    Whats a 3 beddie b and T worth rent wise Macc?...

    Whats a 3 beddie b and T worth rent wise Macc? (140 sqm 549 sqm site?)
    And buying under 4 hundy OK?
  6. Never even heard of one........

    Never even heard of one........
  7. Replies
    6
    Views
    295

    Any Papamoa investors?

    I've been offered a private sale 3 bed brick and tile off the Dickson end of Longview. Any thoughts on rental demand, location OK, values in the area? Anybody interested in buying also happy to share...
  8. Thread: 5+ Property Rule

    by Damap
    Replies
    72
    Views
    2,590

    Some common sense at last.........

    Some common sense at last......
    https://www.facebook.com/MikeHoskingBreakfast/videos/vb.168001999900036/943777938989101/
  9. Thread: 5+ Property Rule

    by Damap
    Replies
    72
    Views
    2,590

    I am allowing for the fact that the changes may...

    I am allowing for the fact that the changes may be very simple to get around therefore not much cost. Until they are imposed we won't know.
  10. We put Healthaires into all our rentals, no more...

    We put Healthaires into all our rentals, no more mould, weepy windows etc. Was a good solution that meant tenants can keep their windows closed and never have any fresh air but we don't get the...
  11. Thread: 5+ Property Rule

    by Damap
    Replies
    72
    Views
    2,590

    The only people it would affect perhaps are the...

    The only people it would affect perhaps are the newbies who don't have enough equity/skill or fortitude to find a solution.
    What WILL happen is the education circuit will move into high gear and...
  12. Thread: 5+ Property Rule

    by Damap
    Replies
    72
    Views
    2,590

    You're not even making any sense now. You are...

    You're not even making any sense now. You are saying that if the gummint makes borrowing harder investors will simply borrow less and therefore rents won't increase.
    If that is what you mean it's...
  13. Thread: 5+ Property Rule

    by Damap
    Replies
    72
    Views
    2,590

    That would take 5 minutes to get around. That is...

    That would take 5 minutes to get around. That is my point. You wont stop investors they just have to spend more money.
  14. Thread: 5+ Property Rule

    by Damap
    Replies
    72
    Views
    2,590

    I don't know where you get that idea from. ...

    I don't know where you get that idea from. Whatever they do to limit lending to investors will mean investors will have to pay more to get money elsewhere. Holding costs will rise not reduce.
  15. Replies
    39
    Views
    1,599

    I'm not blaming I think it's awesome!

    I'm not blaming I think it's awesome!
  16. Thread: 5+ Property Rule

    by Damap
    Replies
    72
    Views
    2,590

    45000 live there, 63000 work there. Peanuts as I...

    45000 live there, 63000 work there. Peanuts as I said.
  17. Unless they pull the property file, none of them.

    Unless they pull the property file, none of them.
  18. LIM used to be all you needed but not anymore...

    LIM used to be all you needed but not anymore sadly. More council gouging......
    http://www.aucklandcouncil.govt.nz/EN/ratesbuildingproperty/propertyinformation/Pages/PropertyFilesReportshome.aspx
  19. The property file is the actual file that...

    The property file is the actual file that contains every single piece of paper attached tot eh title since it was created. LIMs have less and less in them as council would rather charge you $120 for...
  20. Thread: 5+ Property Rule

    by Damap
    Replies
    72
    Views
    2,590

    According to ACC it's 13%, no reason for anybody...

    According to ACC it's 13%, no reason for anybody to live there as I said.
    (25% of the old Auckland city)

    Same with businesses "With 8,500 businesses, the CBD accounts for 18% of all businesses in...
  21. Replies
    39
    Views
    1,599

    Watched 6 auctions in Tuesday. Watched Chinese...

    Watched 6 auctions in Tuesday. Watched Chinese bid everything except 1 house up to at least 12% over CV, many were 20%
  22. Thread: 5+ Property Rule

    by Damap
    Replies
    72
    Views
    2,590

    But that will put pressure on councils to rezone...

    But that will put pressure on councils to rezone land on the fringes which is what they should be doing anyway.
    Who needs to live in the CBD hardly anybody works there?
  23. Thread: 5+ Property Rule

    by Damap
    Replies
    72
    Views
    2,590

    @Speights, oh that could be true I guess @Wayne,...

    @Speights, oh that could be true I guess
    @Wayne, with overseas investors that may be true because they don;t care about yield as mush but for local investors we can and will push rents as much as...
  24. Thread: 5+ Property Rule

    by Damap
    Replies
    72
    Views
    2,590

    I still think Eri the reality is we don't have a...

    I still think Eri the reality is we don't have a problem. In most developed nations people live where they can afford to live. There is plenty of cheap housing on Aucklands fringes people need a...
  25. Thread: 5+ Property Rule

    by Damap
    Replies
    72
    Views
    2,590

    I don't get you Speights. If they reduce supply...

    I don't get you Speights. If they reduce supply we will find other ways to buy that will cost more......
    It won't stop investors it just adds complexity and cost, (without knowing what the changes...
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