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Type: Posts; User: absoluteproperty

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  1. And there are lots of lemons, new and old. The...

    And there are lots of lemons, new and old. The locals can tell you, but only after they bought the good ones. I live in Wellington but as an ex Aucklander, to an extent certain groups operate...
  2. The problem I have seen from my own personal...

    The problem I have seen from my own personal view, is that there is so little difference (in Wellington City) between the cost of a 2+ bedroom space, and a 1 bedroom space - but the 1 bedroom space...
  3. With current government policy being so...

    With current government policy being so anti-landlord, the primary reason I have removed myself from the buyers pool is concern about profitability.

    I have a shared concern with the banks, in...
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    In a market with questionable fundimentals long...

    In a market with questionable fundimentals long term, I would keep in mind what your intentions are, specifically if you are looking to sell if interest rates begin to go up or once you get capital...
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    I own a property as well though it is not in...

    I own a property as well though it is not in texas; it is a property that has water around it, no matter how hard I try the water still comes from the sky every day. I asked the tenants to close...
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    Hi John, where are you based? I have a background...

    Hi John, where are you based? I have a background in security, and am now a multi-property owner myself so may be able to assist in some way with training your staff.
  7. I have kept current properties, but started...

    I have kept current properties, but started working in overseas market while Taxcinda and Twitford decide how many landlords she will bankrupt and tenants they will make homeless in the course of...
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    565

    You could engage another co and refuse to pay the...

    You could engage another co and refuse to pay the original bill for failing to meet contract requirements, if time frames are in writing I would imagine? Are you in Wellington? Service levels are...
  9. This question would best be suited directed at an...

    This question would best be suited directed at an accountant or solicitor experienced in dealing with property purchases, they would be up to task on the current intricacies of the new laws passed...
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    As someone that has previously worked very...

    As someone that has previously worked very closely with Police in the city for a number of years knows the streets and the people that populate them, as well as the property market in the area., I...
  11. Thank you for your advice Don't Believe the Hype,...

    Thank you for your advice Don't Believe the Hype, very insightful and something I had no considered.

    Unfortunately for me, I suspect the owner has tried to pick the market peak, selling for...
  12. Purchase scenario: how would you approach this?

    Hi all,

    Have an unusual situation and not too sure on what the best scenario for approach is.

    I had been told a property was going on the market locally in Wellington, I knew the owner...
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    Except for the fact that in the reality of this...

    Except for the fact that in the reality of this country, there are so many subsidies which have been in place for so long, many people do it even realise they are being subsidised by another party.....
  14. Teachers aren't happy at the moment, but I would...

    Teachers aren't happy at the moment, but I would imagine that the increased spending on education will no doubt be largely allocated to raising salaries, to attract new teachers.

    Unfortunately,...
  15. I truly believe that by achieving this, labour...

    I truly believe that by achieving this, labour will guarantee (6096*2.5)*2.7 (a total of 41,148) votes, 6096 being the annual supply over their term, minus the first year wasted in talking and a...
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    I am a full time, professional host with AirBnB....

    I am a full time, professional host with AirBnB. I have been so getting on towards 4 years now.

    The market I operate in is absolutely saturated with listings, mostly due to agents thinking it is a...
  17. Thread: Airnb

    by absoluteproperty
    Replies
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    16,147

    Yes, in Wellington this is a similar story. I...

    Yes, in Wellington this is a similar story. I have been on AirBnB since far before it began appearing in the papers here, few of my guests were Kiwis and 80%+ were American or European.

    Since it...
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    Having been through open homes for some...

    Having been through open homes for some apartments in the weekend, one of which being a brand new listing in a prime location I can tell you that there just aren't that many people looking. I was...
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    As a former chair of a of a body corporate, and a...

    As a former chair of a of a body corporate, and a body corporate committee, and member of multiple body corporate and body corporate committees over the past 8 years I can say this:

    Under the unit...
  20. Agent negligence putting personal and owners assets at risk during inspections.

    Hi all,


    Owning a few properties I always take great care when undertaking inspections.


    I rent a property in Auckland, and have been there for just under 2 years. I am often not at the...
  21. An excellent post with sound advice, every aspect...

    An excellent post with sound advice, every aspect covered without bias. I commend such an excellent reply.

    As an investor looking for a new IP in Wellington, renting while I look for a new home to...
  22. It is a common scam I have come across with...

    It is a common scam I have come across with agents. Obviously it is designed to push the price higher and pressure the buyer to pay more.

    It is a system that absolutely should be regulated, in a...
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    If I could answer for Bluesky (or more so for...

    If I could answer for Bluesky (or more so for myself) I love the fact that there aren't any Nigerian Internet cafes located on the development..
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    BlueSky, Was that the first block? There are...

    BlueSky,

    Was that the first block? There are 950 homes in this development. I bought 300. The earth began to spin too fast and I realised I was a Kiwi property investor, so I came back to godsown...
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    Not with the MBIE, however I called out ANZ Bank...

    Not with the MBIE, however I called out ANZ Bank for doing this to me a few months ago.

    I transferred a medium sized amount of funds onto a credit card, and once the showed as available funds I...
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