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Type: Posts; User: WGN ex-property manager

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  1. Can't help thinking that Social housing (big...

    Can't help thinking that Social housing (big expensive problem that it is) is best handled by one centrally coordinated and funded agency, with funding direct from central government (in other words...
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    If you only get one bid at $1 are you happy to...

    If you only get one bid at $1 are you happy to enter into legally binding agreement to sell it for $1?

    If so I have some loose change in my pocket. PM me. We should talk!
  3. [So even if the e valuation was 20% off the mark...

    [So even if the e valuation was 20% off the mark the bank where still in the clear if you went to the wall.
  4. ANd we haven't even got onto the crown debt...

    ANd we haven't even got onto the crown debt levels already concealed in the power co SOE's.

    Riddle me this:

    When Meridian was created it was handed the crown jewels of the Electricity Corp...
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    Not if the Buyers agent is double settling, and...

    Not if the Buyers agent is double settling, and even if they are merely assigning, they could be argued to have an equitable interest in the property, as its their name on the contract, and their ass...
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    Not as I read it. If the End buyer is the CLIENT...

    Not as I read it. If the End buyer is the CLIENT you also need to get a Reg Val.
  7. Apologies for stereotying you Glen. What is...

    Apologies for stereotying you Glen.

    What is the mix of properties you manage, just so we can get a fairer picture?
  8. I like this idea... quite smart. I wonder what...

    I like this idea... quite smart.

    I wonder what IRD would think of it, given their loooooong battle to finally argue that buildings DON'T depreciate :-)

    Given that the building code should and...
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    How do you breathe 8O Or are you just so...

    How do you breathe 8O

    Or are you just so experienced you can do an inspection in 45 seconds flat :icon_mrgreen:
  10. RE: Downstream consequences of accepting a house...

    RE: Downstream consequences of accepting a house with unconsented work.

    1. The council might issue to a notice to fix. In general this is quite rare.
    2. Future buyers will be scared off, so your...
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    Do you have an offstreet carpark for each...

    Do you have an offstreet carpark for each dwelling?

    If not this may well be a non starter with the council.
  12. @DOG, yes I agree. One of the big challenges for...

    @DOG, yes I agree. One of the big challenges for a PM is segregating their LL clients into different segments, each of which need different management.

    Some need everything explaining to them, 5...
  13. I notice the agents first involved in this...

    I notice the agents first involved in this discussion seem to have dissapeared from the thread.
  14. I suspect some posters are offering advice...

    I suspect some posters are offering advice specific enough to personal circumstances that, yes, the FMA could go after them if they could be bothered.

    Given the costs and qualifications required...
  15. Many landlords don't have $5K lying around to...

    Many landlords don't have $5K lying around to repaint an interior. Once the potential bill is over the PM"s maintenance authority limit (typically $500 with us) then we HAVE to ask before spending...
  16. RE; REINZ PM"s needing REAA license? Short answer...

    RE; REINZ PM"s needing REAA license? Short answer - don't know as I haven't been close enough to being in that position to need to know.

    Long answer? I'm guessing the bus sized holes in the REAA...
  17. This is a very good point, and has been on my...

    This is a very good point, and has been on my mind as well.

    Should PT get itself certified as Qualifying Entity perhaps?

    Or maybe PT could offer a generic disclaimer that any concerned posted...
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    Ok I’ve re-read the act and my suspicions are...

    Ok I’ve re-read the act and my suspicions are confirmed : The act doesn’t work for a real world licensed buyers agent, because it was only designed with vendors agents in mind.

    1. To act as a...
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    If they'd properly align company and personal tax...

    If they'd properly align company and personal tax rates then there would be no motivation to try and adjust your tax bill via company structuring, so no need for court cases like this.
  20. Sounds like a PM with too few customers to fill...

    Sounds like a PM with too few customers to fill his time and earn a a living.

    No point in messing your tradies around getting quotes before you've got any hint from the landlord that they are...
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    In Wellington the council do allow conversions of...

    In Wellington the council do allow conversions of basements. Rules are quite tight esp around fire-walling, natural light, minimum ceiling height and having one offstreet car-park per dwelling.
    ...
  22. Ok NIK, this case clearly went against you and...

    Ok NIK, this case clearly went against you and some elements of it are unfair, but there are also some lessons for you here.

    1. Anything the DBH call centre advise you should be treated with the...
  23. And there we have it. Most cases I have come...

    And there we have it.

    Most cases I have come across or read here on PT involving a poorly treated landlord involve the landlord chasing rent or damages, stating the facts to the TT, then the...
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    Sort of. As I read the act some clauses talk...

    Sort of. As I read the act some clauses talk about the agents obligations to the vendor, and some talk about the agents obligations to the client. The implication seems to be the the client is always...
  25. Building rapport helps, but the big players...

    Building rapport helps, but the big players welcome a business like approach rather than dancing around holding each others hands
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