| Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum. |
 | | 
10-05-2013, 10:35 AM
|
#1301 | | I contribute to threads in the offtopic forum
Join Date: Jun 2006 Location: not vancouver
Posts: 2,642
Thanked 1,941 Times in 765 Posts
Failed 532 Times in 202 Posts
| Quote:
Originally Posted by Gridlock  4444...I think what he's saying is the 2800 makes sense TO THE OWNER as he takes his mortgage and his strata and prop tax and bundles it up to $2600, and he adds $200 because he's a property owner dammit and he's entitled to profit and makes a rental price of $2800.
Probably based on 5 or 10 % down too. | Exactly, he's doing a 'it costs me x, I'll charge y' - a cost plus approach.
Unfortunately he'll only be able to rent it for what the market will pay, and unless they get someone born yesterday, it will rent for $2k max (well, I wouldn't pay a penny more than $1800, but I'm about 10% cheap)
| 
|  | |
10-05-2013, 11:11 AM
|
#1302 | | Banned By Establishment
Join Date: Dec 2003 Location: New West
Posts: 3,998
Thanked 2,982 Times in 1,135 Posts
Failed 284 Times in 109 Posts
|
That is my fear...having to pay out for someone else to run my place into the ground.
This person could be looking at upwards of $1000 per month in subsidy.
$12,000 a year.
| |
| | |
10-05-2013, 11:34 AM
|
#1303 | | I contribute to threads in the offtopic forum
Join Date: Jun 2006 Location: not vancouver
Posts: 2,642
Thanked 1,941 Times in 765 Posts
Failed 532 Times in 202 Posts
| Quote:
Originally Posted by Gridlock That is my fear...having to pay out for someone else to run my place into the ground.
This person could be looking at upwards of $1000 per month in subsidy.
$12,000 a year. | Welcome to the stupidity of Canadian real estate. My landlord has owned since new, 17 or so years, so I know his costs are waaaaaay lower than a new purchaser (hence how I could negotiate less than market rent - helps when ur a suit and tie and give him 12 cheques on the spot) - had he bought in the last 2 years, he'd be paying about $700 a month in expense, not including principal repayment, for me to live here, all whilst value has decrased.
I respect my landlord, buys at reasonable rates, plans to hold forever, effectively, and is ok getting less than market rate to keep a good, long term tenant - exactly my approach for my rental properties - I'll give up $100 a month to have good tenants that look after my houses for multiple years.
Anyone that buys today to rent out is a crackhead, or likes negative cash flow
| |
| | |
10-05-2013, 03:05 PM
|
#1304 | | My AFC gave me an ABS CEL code of LOL while at WOT!
Join Date: Dec 2003 Location: vancouver, B.C.
Posts: 1,843
Thanked 563 Times in 229 Posts
Failed 63 Times in 31 Posts
| Quote:
Originally Posted by Gridlock ^^I tried looking up what you could buy it for, but couldn't find a 1 bed in the building for sale.
There is a 2 bedroom just a tick under 1 million.
I've never actually lived in a new condo. I rented one once, but it was just a normal little one. Do people actually use the amenity rooms? Gym yes, I get that but like the media room. Do I actually sit there and watch a movie? Study room?
Seems a little too communal for my taste. I didn't live in a dorm for the same reason.
Do any of the condo dwellers here actually use the shit they pay for? | Don't quote me on this but from what I recall walking into the sales center, those units were going for about 530-550k for a 2 BR (or was it a 1BR?). About a 100k premium compared to a new unit at the Ora tower down the road. The sales guy tried to justify it based on prestige that you can tell your friends you are living waterfront, "Coal Harbour Richmond".
__________________
Cars:
02' Lexus IS300 5spd
07' BMW 323iA
05' BMW Z4 5spd
06' BMW 330i 6spd
10' Audi A4 quattro
08' BMW M3 6spd
15' Kawasaki Ninja300
08' Yamaha R6
10' Honda Ridgeline
17' Audi Q5
16' BMW X5D
| |
| | |
10-05-2013, 05:55 PM
|
#1305 | | I told him no, what y'all do?
Join Date: Aug 2006 Location: Vancouver
Posts: 10,163
Thanked 6,023 Times in 2,615 Posts
Failed 105 Times in 67 Posts
|
when you looked at the guy after he said "coal harbour richmond"...was his face like this? 
__________________ Feedback
http://www.revscene.net/forums/showthread.php?t=611711 Quote: Greenstoner
1 rat shit ruins the whole congee
originalhypa
You cannot live the life of a whore and expect a monument to your chastity | Quote:
[22-12, 08:51]mellomandidnt think and went in straight..scrapped like a bitch
[17-09, 12:07]FastAnna glowjob
[17-09, 12:08]FastAnna I like dat
| | |
| | |
10-05-2013, 09:24 PM
|
#1306 | | Banned By Establishment
Join Date: Dec 2003 Location: New West
Posts: 3,998
Thanked 2,982 Times in 1,135 Posts
Failed 284 Times in 109 Posts
|
Coal Harbour in Richmond, haaaave you met the new Yaletown in Whalley?
| |
| | |
10-06-2013, 09:14 AM
|
#1307 | | I told him no, what y'all do?
Join Date: Aug 2006 Location: Vancouver
Posts: 10,163
Thanked 6,023 Times in 2,615 Posts
Failed 105 Times in 67 Posts
|
can't call it a harbour...if there's no harbour and it's a dike/swamp/marsh 
__________________ Feedback
http://www.revscene.net/forums/showthread.php?t=611711 Quote: Greenstoner
1 rat shit ruins the whole congee
originalhypa
You cannot live the life of a whore and expect a monument to your chastity | Quote:
[22-12, 08:51]mellomandidnt think and went in straight..scrapped like a bitch
[17-09, 12:07]FastAnna glowjob
[17-09, 12:08]FastAnna I like dat
| | |
| | |
10-06-2013, 09:44 AM
|
#1308 | | I Will not Admit my Addiction to RS
Join Date: Feb 2013 Location: Shaughnessy
Posts: 564
Thanked 755 Times in 209 Posts
Failed 1,752 Times in 224 Posts
|
speaking of Richmond... friend's newly built 2013 sfh in Richmond
land 15,000 sqft
5800 sqft
5 bed 6 bath
built by european/caucasian contractors
22 ft ceilings
premium built
dual kitchens
asking only 2.68 mil  | |
| | |
10-06-2013, 10:06 AM
|
#1309 | | Banned By Establishment
Join Date: Dec 2003 Location: New West
Posts: 3,998
Thanked 2,982 Times in 1,135 Posts
Failed 284 Times in 109 Posts
|
It's both subtle, and understated.
Next time, could they take some High Def pictures to distort reality?
| |
| | |
10-06-2013, 10:44 AM
|
#1310 | | Head Moderator
Join Date: Dec 1982 Location: Great White Nor
Posts: 22,661
Thanked 6,462 Times in 2,081 Posts
Failed 98 Times in 51 Posts
| Quote:
Originally Posted by Gululu speaking of Richmond... friend's newly built 2013 sfh in Richmond
land 15,000 sqft
5800 sqft
5 bed 6 bath
built by european/caucasian contractors
22 ft ceilings
premium built
dual kitchens
asking only 2.68 mil | They seriously had to write that? 
Does that mean every subcontractor who came through the house was also a caucasion of European descent? Or just the GC?
And, sorry... that place is pretty damn gaudy.
| |
| | |
10-06-2013, 10:51 AM
|
#1311 | | Banned By Establishment
Join Date: Feb 2009 Location: bedroom
Posts: 3,112
Thanked 3,492 Times in 1,176 Posts
Failed 441 Times in 145 Posts
|
I thought that too, lol!
ITS COOL, MAN. IT WAS BUILT BY WHITE PEOPLE! | |
| | |
10-06-2013, 11:11 AM
|
#1312 | | Banned By Establishment
Join Date: Dec 2003 Location: New West
Posts: 3,998
Thanked 2,982 Times in 1,135 Posts
Failed 284 Times in 109 Posts
|
So it was built by white people...um, who designed it?
| |
| | |
10-06-2013, 12:31 PM
|
#1313 | | Willing to sell body for a few minutes on RS
Join Date: Jul 2001 Location: Cloverdale
Posts: 11,580
Thanked 3,789 Times in 1,349 Posts
Failed 83 Times in 42 Posts
| Quote:
Originally Posted by Lomac They seriously had to write that?
Does that mean every subcontractor who came through the house was also a caucasion of European descent? Or just the GC?
And, sorry... that place is pretty damn gaudy. | I had a meeting two weeks back with a large global contractor you would all know, you see there signs everywhere. It was a scope meeting to award a job to our company, they came out in the meeting and asked us what kind of tradesmen they could expect on the job if they awarded it to us and they weren't talking about qualifications they were talking about nationality. How do you even answer that question? I'm not going to say what contractor it was, we do work for them quite a bit.
They had just finished another similar project and they had a ton of Safety and quality issues with the other guys, they ended up using us and we were not the low bidder.
__________________
The world ain't all sunshine and rainbows. It's a very mean and nasty place... and I donīt care how tough you are, it will beat you to your knees and keep you there permanently, if you let it. You, me or nobody, is gonna hit as hard as life. But ain't about how hard you hit... It's about how hard you can get hit, and keep moving forward... how much you can take, and keep moving forward. Thatīs how winning is done. Now, if you know what you worth, go out and get what you worth. - Rocky Balboa | |
| | |
10-06-2013, 01:18 PM
|
#1314 | | My homepage has been set to RS
Join Date: Jun 2008 Location: Nowhere
Posts: 2,294
Thanked 848 Times in 392 Posts
Failed 59 Times in 28 Posts
| Quote:
Originally Posted by quasi I had a meeting two weeks back with a large global contractor you would all know, you see there signs everywhere. It was a scope meeting to award a job to our company, they came out in the meeting and asked us what kind of tradesmen they could expect on the job if they awarded it to us and they weren't talking about qualifications they were talking about nationality. How do you even answer that question? I'm not going to say what contractor it was, we do work for them quite a bit.
They had just finished another similar project and they had a ton of Safety and quality issues with the other guys, they ended up using us and we were not the low bidder. | I'm just going to point out the pink elephant here. (On what some people believe) - it's stereotypical but hey, stereotypes have some ounce of truth in them.
Asians/punjabi (brown) have poor build quality.
White/European have higher build quality, don't cheap out on materials.
Or it's like what I heard in China, have a white person on your company = success.
So why wouldn't you want to buy a house made by a white person?
| |
| | |
10-06-2013, 04:01 PM
|
#1315 | | My homepage has been set to RS
Join Date: Aug 2002 Location: AB/BC
Posts: 2,224
Thanked 1,207 Times in 386 Posts
Failed 26 Times in 10 Posts
| 
Maybe they are just concerned about workers safety?
| |
| | |
10-06-2013, 04:29 PM
|
#1316 | | Banned By Establishment
Join Date: Dec 2003 Location: New West
Posts: 3,998
Thanked 2,982 Times in 1,135 Posts
Failed 284 Times in 109 Posts
| Quote:
Originally Posted by subordinate in China, have a white person on your company = success. | Yeah, we're like a lucky rabbits foot.
| |
| | |
10-06-2013, 04:32 PM
|
#1317 | | My homepage has been set to RS
Join Date: Jun 2008 Location: Nowhere
Posts: 2,294
Thanked 848 Times in 392 Posts
Failed 59 Times in 28 Posts
|
Its more for face.
For contracts, deals. Its a real thing.
Posted via RS Mobile | |
| | |
10-06-2013, 04:34 PM
|
#1318 | | resident Oil Guru
Join Date: Mar 2005 Location: Vancouver
Posts: 7,716
Thanked 10,457 Times in 1,794 Posts
Failed 1,065 Times in 267 Posts
| Quote:
Originally Posted by Gridlock Yeah, we're like a lucky rabbits foot. | Yeah, a white guy to the negotiation table works wonders.
| |
| | |
10-06-2013, 06:35 PM
|
#1319 | | I told him no, what y'all do?
Join Date: Aug 2006 Location: Vancouver
Posts: 10,163
Thanked 6,023 Times in 2,615 Posts
Failed 105 Times in 67 Posts
| Quote:
Originally Posted by Gridlock Yeah, we're like a lucky rabbits foot. | as long as it's a white rabbit
__________________ Feedback
http://www.revscene.net/forums/showthread.php?t=611711 Quote: Greenstoner
1 rat shit ruins the whole congee
originalhypa
You cannot live the life of a whore and expect a monument to your chastity | Quote:
[22-12, 08:51]mellomandidnt think and went in straight..scrapped like a bitch
[17-09, 12:07]FastAnna glowjob
[17-09, 12:08]FastAnna I like dat
| | |
| | |
10-06-2013, 06:44 PM
|
#1320 | | I subscribe to the Fight Club ONLY
Join Date: Feb 2002 Location: Coquitlam
Posts: 7,091
Thanked 2,112 Times in 264 Posts
Failed 61 Times in 29 Posts
| Quote:
Originally Posted by subordinate
Asians/punjabi (brown) have poor build quality.
White/European have higher build quality, don't cheap out on materials.
| A few years back we got a new roof done thru Sears.
$19,000 plus change.
It was a Indian boss with 7 Mexicans working for him that he jammed into his F350.
As part of the contract, a roofing inspector was to inspect once the job was done.
His report highlighting deficiencies ran 19 pages long. | |
| | |
10-06-2013, 06:47 PM
|
#1321 | | My homepage has been set to RS
Join Date: May 2002 Location: Vancouver
Posts: 2,370
Thanked 1,874 Times in 604 Posts
Failed 217 Times in 88 Posts
| Quote:
Originally Posted by Gululu speaking of Richmond... friend's newly built 2013 sfh in Richmond
land 15,000 sqft
5800 sqft
5 bed 6 bath
built by european/caucasian contractors
22 ft ceilings
premium built
dual kitchens
asking only 2.68 mil | That is an amazing house......in van, you would get a really nice Vancouver special!!!
__________________
16 GT3 RS
11 R8 V10
17 Long beach blue M2
86 944 Turbo with 340rwhp Lindsay Racing kit
15 991 PTS GT3
18 VW Golf R
| |
| | |
10-06-2013, 06:50 PM
|
#1322 | | My homepage has been set to RS
Join Date: Jun 2008 Location: Nowhere
Posts: 2,294
Thanked 848 Times in 392 Posts
Failed 59 Times in 28 Posts
| Quote:
Originally Posted by Volvo-brickster A few years back we got a new roof done thru Sears.
$19,000 plus change.
It was a Indian boss with 7 Mexicans working for him that he jammed into his F350.
As part of the contract, a roofing inspector was to inspect once the job was done.
His report highlighting deficiencies ran 19 pages long. | First mistake was calling Sears lol.
Sears likely outsources these things.
| |
| | |
10-06-2013, 07:00 PM
|
#1323 | | Wanna have a threesome?
Join Date: Oct 2010 Location: Squamish
Posts: 4,889
Thanked 5,054 Times in 1,657 Posts
Failed 439 Times in 203 Posts
| Quote:
Originally Posted by subordinate First mistake was calling Sears lol.
Sears likely outsources these things. | Sears does outsource; Home Depot and Rona do as well.
The vetting process is totally non-sensical, I would not suggest anyone use them.
Last edited by MindBomber; 10-06-2013 at 09:40 PM.
| |
| | |
10-06-2013, 09:38 PM
|
#1324 | | Revscene.net has a homepage?!
Join Date: Jan 2013 Location: Richmond
Posts: 1,295
Thanked 1,934 Times in 494 Posts
Failed 31 Times in 15 Posts
| Quote:
Originally Posted by Gululu speaking of Richmond... friend's newly built 2013 sfh in Richmond
land 15,000 sqft
5800 sqft
5 bed 6 bath
built by european/caucasian contractors
22 ft ceilings
premium built
dual kitchens
asking only 2.68 mil | I found your listing. V1028095, 9620 PINEWELL CR, Richmond, British Columbia $ V7A2C8
Comparing it to other propertieS:
Yes, like dinosaur said, it is gaudy.
Almost all new builds over $1.5 mill, that feature 3 car garages are gaudy.
They basically have the same concept and "exude" good quality workmanship, at least, the parts that can be seen.
It appeals to a certain market...
Concept:
big open foyer
double kitchens
Sometimes, an in-law suite (not legal)
Big frontal lawn/paved tiles
Small backyard
Open second floor with railings, looking down the front or the back of the inside of the house
Lots of granite, sometimes marble... NO quartz.
Basically, it's for the buyer to show off...
In reality, all these houses basically look the same, with the same concept and same "craftsmanship", etc.
The difference is the location.
Now, I'm just giving out my opinions with some facts.
The seller is asking for $2.68.
Its location is not that good, but the seller had to buy 2 lots and combine it to make this house.
It is in the "east" side of Richmond.
He could have combined the 2 lots and split it into 3 lots and built 3 houses at the $900k range.
So, $2.68 is a relatively "average" price, if you could believe.
Compare it to the "west" side which is usually No. 3 Road and west.
A $2.68 million NEW house is usually only 3,700 sq. footage on a 7,000 to 10,000 sq. feet lot, in Richmond West.
So, the listing here, is priced right, but not sure if it can sell at this market.
Richmond has been appreciating much faster than Vancouver in the last few years.
----------------------
The main points I wanted to make are:
1- The new houses over $1.5 basically look the same using the same concept.
2- There are no architectural signifcance when you compare a similar house at a similar price point.
3- The only differences are the location, paint job outside, colour of tiles, etc.
4- It is actually priced right, believe it or not based on lot size, sq. footage inside, location, and the fact it is brand spanking new.
5- However, how long it takes to sell it is another different matter... There will be a lot of price markdowns or "re-listings"...
6- For $2.68 million, you could get a much better location in West Van in a much better neighbourhood, a slightly larger lot size, a house with architectural significance with obvious differences (you won't be buying a house that is the same as a neighbour's house)... Of course, it won't be brand-new, but it is probably renovated thoroughly.
| |
| | |
10-06-2013, 10:11 PM
|
#1325 | | Banned By Establishment
Join Date: Dec 2003 Location: New West
Posts: 3,998
Thanked 2,982 Times in 1,135 Posts
Failed 284 Times in 109 Posts
|
AND
The buyer needs to have CASH.
Can't get mortgage insurance over 1 million, so it needs to be 20% down. So the buyer needs to present 1/2 million to buy.
Significantly lowers your buying pool.
BTW...excellent assessment!^^Placid.
And do we have enough realtors on the case? 4 from different companies. $10,000 in commission each...on a 2.68 million house. Ballin!
| |
| | | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off
| | |
All times are GMT -8. The time now is 10:12 AM.
|
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
The banners on the left side and below do not show for registered users!
