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Type: Posts; User: Bob Kane

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  1. Replies
    5
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    261

    No - the developer is breaking even on this one....

    No - the developer is breaking even on this one.
    The developer is being generous to the council on this project in order to get favorable treatment for other projects they want to do.
  2. Replies
    6
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    238

    Steve Goodey developed an apartment block some...

    Steve Goodey developed an apartment block some time ago.
    He doesn't seem to contribute to PT these days but is still actively involved with property.
  3. Replies
    5
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    261

    I'm not sure why Wellington City Council are so...

    I'm not sure why Wellington City Council are so concern about "essential workers" that they want to lease a whole building off a private developer.
    "Essential workers" can get by on their own two...
  4. Replies
    6
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    238

    Talk to RE agents who sell new apartments. They...

    Talk to RE agents who sell new apartments.
    They know all the developers.
  5. There probably are but no-one has managed to...

    There probably are but no-one has managed to understand what they are.
    Everyone is stumped over the low interest rates.
    No-one is controlling it.
    At some stage a clever person will realise what is...
  6. Sure. Every economist in the world has been...

    Sure.
    Every economist in the world has been predicting interest rates will return to pre-GFC levels for the last 10 years.
    They have all been wrong.
    Economists advise governments.
    No economist...
  7. Why not take a deep breath and start at the...

    Why not take a deep breath and start at the beginning?
    ;)
  8. Rate will stay low for a very long time. The...

    Rate will stay low for a very long time.
    The government is not causing this.
    The low rates are a world-wide thing and governments don't really know why.
  9. LOL Love it. Rentalrunner is trying to cheat...

    LOL
    Love it.
    Rentalrunner is trying to cheat Trademe out of listing fees.
    He asks:

    Of course we do.
    Every honest person does.
    He's a cheat.
    Unfortunately, people like rentalrunner gravitate...
  10. You post a complaint and you get a response....

    You post a complaint and you get a response.
    Can't handle it?
    You know what to do.
  11. You pay for a rental listing and want to reuse it...

    You pay for a rental listing and want to reuse it forever for free?
    Sorry, the world doesn't work that way.
    Change your attitude.
  12. Replies
    12
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    500

    I agree it was a scam - I was one of the early...

    I agree it was a scam - I was one of the early warners about it.
    Unfortunately, the TT doesn't see it that way and can hand out penalties against LLs so you have to protect yourself against a...
  13. Replies
    12
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    500

    Test for meth as they leave. If below the limit...

    Test for meth as they leave.
    If below the limit - ignore it.
    If over limit - charge them for the clean up - take it from the bond plus more if the bond doesn't cover it.
    Your next tenant needs a...
  14. Replies
    11
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    495

    You are usually right. Should they claim the...

    You are usually right.
    Should they claim the full $2000 monthly interest or 1/3 of that?
  15. Replies
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    477

    Some people would suggest that room is large...

    Some people would suggest that room is large enough to be divided in two - giving you a 5 bedroom rental.
  16. Replies
    11
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    495

    It sounds like this is a PPOR and not an...

    It sounds like this is a PPOR and not an investment rental.
    If so then no interest can be deducted.
  17. I would expect so. There will be additional tax...

    I would expect so.
    There will be additional tax issues so best talk to an accountant - try Rosco here at PropertyTalk.
  18. I'm hoping that Keys has an answer to that point.

    I'm hoping that Keys has an answer to that point.
  19. Would your policy be something like: Fixed...

    Would your policy be something like:
    Fixed term: rent = current market rate
    Periodic term: rent = current market rate + $100
    ?
    Those who want to stay for life can pay a bit more for that...
  20. Replies
    33
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    2,358

    My prediction: Some new, fresh-faced, lying...

    My prediction:
    Some new, fresh-faced, lying scammer will step up and claim to be NZs leading property educator in the style of Richmastery of a few years back.
    In a rising market these types come...
  21. Replies
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    9,673

    Most likely quite a few kids of anti-vaxxers will...

    Most likely quite a few kids of anti-vaxxers will die.
  22. Replies
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    36,644

    It's always meant a huge drop in house prices -...

    It's always meant a huge drop in house prices - by at least 40%.
    We're still waiting for it to happen....
    It's a stupid term used by those who want to see others suffer.
  23. Replies
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    693

    If it's cracking within 4-5 weeks then the work...

    If it's cracking within 4-5 weeks then the work isn't fit for purpose - not appropriate for the conditions.
    If the contractor knows his stuff and backs his work then he'll repair it so that it won't...
  24. Replies
    15
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    693

    There's your problem. The compacted bed is...

    There's your problem.
    The compacted bed is flexible and moves.
    Grout would never work over a flexible base.
    If you had poured concrete over the compacted base then it would be rigid enough for...
  25. Replies
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    795

    Except when a house becomes a rental for the...

    Except when a house becomes a rental for the first time.
    As I understand it.
    If I'm wrong then someone will be quoting the ruling.
    :)
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