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Type: Posts; User: AMR

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  1. Replies
    13
    Views
    453

    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...
  2. Replies
    3,917
    Views
    467,093

    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....
  3. Call me maybe?

    Call me maybe?
  4. Replies
    41
    Views
    2,935

    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),...
  5. 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)...
  6. Replies
    3
    Views
    493

    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.
  7. 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.
  8. Replies
    3
    Views
    814

    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...
  9. Replies
    18
    Views
    1,830

    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...
  10. 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,...
  11. Thread: Advice

    by AMR
    Replies
    14
    Views
    1,302

    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?
  12. Replies
    6
    Views
    955

    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?
  13. Replies
    5
    Views
    469

    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.
  14. 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.
  15. 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...
  16. Replies
    0
    Views
    292

    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...
  17. Replies
    46
    Views
    4,026

    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.
  18. Replies
    46
    Views
    4,026

    Don't you need permission from the owners to sell...

    Don't you need permission from the owners to sell their house for them?
  19. Replies
    14
    Views
    1,313

    There's a good* part of Otara and a bad part of...

    There's a good* part of Otara and a bad part of Otara (*relatively speaking).

    The good parts of Otara have had very good price rises in the last few years. These would be Franklyne Road /...
  20. Replies
    32
    Views
    2,073

    The District Plans for your region. I would think...

    The District Plans for your region. I would think with the carport, it wouldn't count as additional impervious area because the area underneath is already impervious.
  21. Replies
    13
    Views
    1,255

    The likes of Noel Leeming will install and remove...

    The likes of Noel Leeming will install and remove the old one too.
  22. Replies
    13
    Views
    1,255

    I was going through my taxes last year and found...

    I was going through my taxes last year and found that 3 of my second-hand stoves had failed just outside the warranty period. I wouldn't recommend going for a second hand unit, you'd save around $300...
  23. Replies
    65
    Views
    4,955

    Yes both in the Wattle Down / Manurewa border...

    Yes both in the Wattle Down / Manurewa border area. I rented them out last year at $390 and $400 per week for 3 bedrooms with carport and single garage respectively. Both are now looking pretty...
  24. Replies
    65
    Views
    4,955

    How many bedrooms BigDreamer?

    How many bedrooms BigDreamer?
  25. Replies
    65
    Views
    4,955

    I agree there is a bit of a rental boom going on...

    I agree there is a bit of a rental boom going on at the moment.

    Manurewa - Just before the LVR rules kicked in last September there were over 140 listings for rentals in Manurewa, good quality...
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