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Type: Posts; User: saleemn

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  1. Replies
    924
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    105,879

    Poll: Any update on the ring fencing? Is it applicable...

    Any update on the ring fencing? Is it applicable from 1 April 2019?
  2. Replies
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    1,164

    Permeable Paving

    Hi

    I recently subdivided a property in West Auckland and one of the conditions for the resource consent is to put in permeable paving in the driveway/vehicle crossing area as the site is within a...
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    3
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    1,255

    Bond Refund of Deceased Tenant

    Hi

    I have an unusual situation. In one of my rentals I had a very long term tenants and both of them had passed away. We have some overdue arrears to be recovered from the bond.

    When the PM...
  4. Thanks Ross

    Thanks Ross
  5. Expenses Connected with Sale of Investment Property

    Planning to sell long term investment units. If ultimately end up not selling the units can we claim the expenses incurred for selling - advertising cost and minor maintenance.

    In case the units...
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    10
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    2,315

    How is the Settlement road, in Papakura? The...

    How is the Settlement road, in Papakura? The property is question is at the top of the road.
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    828

    Cost Associated with Sub Division

    Hi

    While doing a sub division and new build in a rental property, if some cost is incurred in the exiting rental property is it considered as the development cost of the new build or repairs and...
  8. Thread: Lending - BNZ

    by saleemn
    Replies
    37
    Views
    6,795

    First Mortgage Trust

    First Mortgage Trust
  9. Replies
    10
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    3,569

    I am in the process of subdividing a property in...

    I am in the process of subdividing a property in New Lynn Auckland and the estimated cost is about 220K. The cost is up mainly as we have to do build a new storm water and water connection.
  10. Try Smart Energy Solutions. They seem to be Ok as...

    Try Smart Energy Solutions. They seem to be Ok as I have dealt with them for few of my rentals
  11. Thread: Lending - BNZ

    by saleemn
    Replies
    37
    Views
    6,795

    Same thing happened to me. I approached a broker...

    Same thing happened to me. I approached a broker who could secure a loan from a 2nd tier lender. But bit expensive. Then I approached FMT on my own and got a much better deal than with the broker.
  12. Replies
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    1,538

    The total sectoion is 809 sq mt with 2 x 2 BR...

    The total sectoion is 809 sq mt with 2 x 2 BR units in the front. It is zoned mixed urban and the subdivided section at the back is about 334 sq mt. The built area of the house is about 185 sq mt.
    ...
  13. Replies
    6
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    1,538

    Currently I am in the process of building a 5 bed...

    Currently I am in the process of building a 5 bed room two level home in New Lynn with Ashcroft Homes. Seems like a reasonable Company so far.
  14. Replies
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    12,545

    Thanks Nick this is a great advice Saleem

    Thanks Nick this is a great advice

    Saleem
  15. Replies
    62
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    12,545

    Investment in Tokoroa

    Hi

    Any idea about investing in Tokoroa. The gross yield is over 11% A block of unit of 4 - 3 x 2BR and 1 x 3BR can be picked up for 350K

    Any comments welcome
  16. There is no such minimum plot size as far as I...

    There is no such minimum plot size as far as I know. As long as you meet the council requirements you can develop. I am in the processes of obtaining a resource consent for a property in New Lynn...
  17. Replies
    4
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    1,650

    Thanks guys. These are all long terms rentals and...

    Thanks guys. These are all long terms rentals and when moved to a bigger property it was suggstd that to keep the whole thing tidy it was better to have a diffrerent structure and keep it under LTC....
  18. Replies
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    1,650

    Selling Rental to LTC

    Have a situation. Have 2 properties. One owner occupied and one rental both on personal name. Converted the owner occupied in to a rental and sold both the properties to LTC at market price. Bought a...
  19. Replies
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    2,164

    This guy had no gear with him. He went on to the...

    This guy had no gear with him. He went on to the attic to check something and walkd on the false ceiling and punched 3 holes in the ceiling. He did not have a proper ladder and used the the domestic...
  20. Replies
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    963

    For gradual damages most of the insurance Company...

    For gradual damages most of the insurance Company will have a maximum limit. In case of AA Insurance it is $ 2,000.
  21. Replies
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    2,164

    Damages Caused by a Tradesman

    Hi

    I listed a small job on Builderscrack website and a Tradesman responded to that. He had a reasonably good reviews.The job was awarded and I realised he is not really equipped to do the job....
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    4
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    2,921

    Sorry for the typo. It was declined by Veolia.

    Sorry for the typo. It was declined by Veolia.
  23. Replies
    4
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    2,921

    Excessive water bill

    In my rental in Papakura the water bill for about 3.5 months came to about $1300. The issues were as below:

    1. There was some leak in the kitchen sink which the tenant did not notice and there by...
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    889

    Thanks Guys for all the input. The PM who...

    Thanks Guys for all the input. The PM who currently manages the property has given a good feedback. Since the property is just a stone's throw from the town centre and hospital it is always tenanted...
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    Fraser I have sent a PM with the address. ...

    Fraser I have sent a PM with the address.

    Thanks

    Saleem
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