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Type: Posts; User: AMR

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  1. Replies
    6
    Views
    410

    Suicide of an occupier is neither a breach of the...

    Suicide of an occupier is neither a breach of the building code or the resource management act. Nothing wrong with the place.

    In terms of disclosure, this ruling might help you out.
    ...
  2. Replies
    20
    Views
    958

    Looked into Harmoney and P2P lending. The...

    Looked into Harmoney and P2P lending. The drawback of this is unless you have a huge amount of unleveraged equity it doesn't generate enough cashflow to be worthwhile.
  3. Replies
    218
    Views
    9,044

    Property Trader, which rules do you think can be...

    Property Trader, which rules do you think can be safely broken?
  4. Replies
    5
    Views
    506

    3-4 houses away from the road down the right of...

    3-4 houses away from the road down the right of way will be ok as your neighbours would absorb the noise. It's still close to the main road and the shops, malls, etc, but without the noise issues....
  5. Replies
    11
    Views
    900

    If there isn't a pylon close to it (i.e not...

    If there isn't a pylon close to it (i.e not visible), not close to a busy road or railways, I would suggest it's probably a reasonable hold. The southern side of Mangere East and Mangere town centre...
  6. Replies
    8
    Views
    505

    Is this a North Shore property Ahar? Try...

    Is this a North Shore property Ahar? Try searching under Auckland - the supercity changes have meant that everything is lumped together now.
  7. Auckland Council seem to be taking a very common...

    Auckland Council seem to be taking a very common sense approach. I'm surprised!
  8. Are you in a position to commute to Hamilton to...

    Are you in a position to commute to Hamilton to attend the PIA meetings?
  9. Replies
    13
    Views
    811

    Depends if the property will always be an...

    Depends if the property will always be an investor property, or whether the renovations will push it into first home buyer territory.

    How many levels is it?
    How many in the block?
    Are the...
  10. Replies
    3,992
    Views
    476,828

    Should we expect another contraction of the money...

    Should we expect another contraction of the money supply as in 2008?
    The answer is: NO. When we look at the graph of the Fed balance sheet below, we can see that total asset growth [red] is slowing....
  11. Call me maybe?

    Call me maybe?
  12. Replies
    45
    Views
    3,820

    Damap, What sort of properties were you owning...

    Damap,

    What sort of properties were you owning in South Auckland?

    I had issues with poorer quality housing (multi-storey 2 bedroom apartments in city fringe and studio apartments in CBD),...
  13. Mangere East is a big suburb, imo I would rank...

    Mangere East is a big suburb, imo I would rank them as follows from best to worst.

    Mangere East (Papatoetoe Side - better schooling)
    Mangere South / Peninsula Park (Excluding Naylor Drive area)...
  14. Replies
    3
    Views
    619

    If it's just a new wall and you're not touching...

    If it's just a new wall and you're not touching and structural elements then no. A new workshop / office room is fine.
  15. Likely to be non-load bearing but worth getting...

    Likely to be non-load bearing but worth getting someone in to check. If it's not load bearing, then it might be an exempt work.
  16. Replies
    3
    Views
    856

    The minor dwelling still has to be 60 sqm, so if...

    The minor dwelling still has to be 60 sqm, so if you go two storey, you'd need to take a lot of space out for the staircase and extra hallways, at the expense possibly of one of the bedrooms. I've...
  17. Replies
    18
    Views
    2,084

    Ogg - progress the subdivision NOW as you will...

    Ogg - progress the subdivision NOW as you will likely lose value when the unitary plan comes in and your house remains single zone. You probably have 3-5 years to do so.

    The other alternative is...
  18. Check the Auckland plan as I believe minor...

    Check the Auckland plan as I believe minor dwellings are not permitted. You might have to go down the full subdivision path and say, do one section of 400 sqm and the other at 320 sqm. Can be done,...
  19. Thread: Advice

    by AMR
    Replies
    14
    Views
    1,374

    Is this in Auckland? I'm surprised you say it...

    Is this in Auckland? I'm surprised you say it hasn't grown for two years. Which suburb?
  20. Replies
    6
    Views
    986

    What is your strategy? Buy and hold or trade for...

    What is your strategy? Buy and hold or trade for these? Will you be undertaking the repairs yourself or relying on the body corporate?
  21. Replies
    5
    Views
    483

    Not as simple as simply reconnecting the kitchen....

    Not as simple as simply reconnecting the kitchen. Would also need to look at things like services, parking, yards, etc.
  22. It's a cross-lease needing renovation in one of...

    It's a cross-lease needing renovation in one of the poorer streets in the area, with no subdivision potential and minimal land.

    IMO definitely went for more than fair value.
  23. I offered $30 per week for my minor dwelling but...

    I offered $30 per week for my minor dwelling but before I could say this to my tenant, he went ahead and told me he didn't mind. Probably has something to do with the below market rent on the...
  24. Replies
    0
    Views
    298

    Insurance for multi-incomes

    Hi all,

    I've almost finished building a minor dwelling and will be needing to get insurance for it soon.

    In terms of pricing for home and incomes, would insurance companies be insuring it as...
  25. Replies
    46
    Views
    4,265

    I would suggest cropping out the letterbox...

    I would suggest cropping out the letterbox numbers as well as a minimum to prevent thieves from using your page to target properties.
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