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08-30-2022, 10:42 AM
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#23276 | | Willing to sell body for a few minutes on RS
Join Date: Jul 2001 Location: Cloverdale
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Originally Posted by Presto  | I think given how many times this guy ignored the city and thumbed his nose at them the city should send in a contractor to do all the work, put it back the way it was and send this guy a bill. If he doesn't pay it start proceedings to take his property.
This guy is a poster child for the people out there that think the bylaws and building codes don't apply to them, fuck this guy.
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“The world ain't all sunshine and rainbows. It's a very mean and nasty place... and I don´t 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. That´s how winning is done. Now, if you know what you worth, go out and get what you worth.” - Rocky Balboa | 
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08-30-2022, 11:26 AM
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#23277 | | Willing to sell body for a few minutes on RS
Join Date: Mar 2002 Location: Victoria
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Yeah, skipping a permit to install a power receptacle, replace a hard wired dishwasher, or maybe even ohh wire a garage is one thing...
But someone who thinks they're going to get away with chopping trees, moving earth, pouring concrete, putting up big structure without being noticed, is pretty dumb.
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08-30-2022, 11:50 AM
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#23278 | | RS has made me the bitter person i am today!
Join Date: Nov 2010 Location: /
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Originally Posted by Badhobz where is this price drop people are talking about!? i looked at REW this morning and all the 2-4mil houses are still 2-4 and some of these hunks of junk have the audacity to go up to 3.4-3.7 from 2.9 before.
market correction my ass. | If prices held steady, the real price has dropped vs nominal price.
Aka, 2BR's that were selling at $850K in 2020 is not equal to $850K in 2022 due to inflation.
$850K in 2022 dollars is equivalent to $760K in 2020. So you're getting a discount of approx. $90K.  https://gyazo.com/2e51d531868fc9dad224473423f2eece
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08-30-2022, 12:08 PM
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#23279 | | I told him no, what y'all do?
Join Date: Aug 2006 Location: Vancouver
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i imagine any property in the lower mainland isn't cheap, including that area of surrey.
seems incredibly risky & wreckless to do this on a huge investment to know apply for permits and do this proper, what a financial clusterfuck hes' in now.
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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
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08-30-2022, 12:18 PM
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#23280 | | in the butt
Join Date: Aug 2016
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Watch him dump the property quickly for a small loss, dip the country, and then the new owner is responsible.
Then it goes even deeper into the rabbit hole and nothing is ever done about it with legal issues that last 3-5-10 years.
I see these strata legal battles that last years, fines are issued, etc, but noone actually enforces them
__________________ Quote:
Originally Posted by Mr.Money
i hate people who sound like they smoke meth then pretend like they matter.
Originally Posted by ilovebacon
Does anyone have a pair of 25 pounds one-inch hole for sale at a reasonable price?
Originally Posted by mikemhg
Clothes come off and my car is permeated with the smell of fillet-o-fish and canned tuna.
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08-30-2022, 01:21 PM
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#23281 | | linguistic ninja
Join Date: Aug 2001 Location: Vancouver, BC
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In his defence, Singh argued that he "never intended to violate" the city's bylaws or building codes, and that he was willing to resolve the matter out of court, according to the decision.
| lol fucking guy probably thought he was in India still. Probably thought he could grease the palms of the inspectors and courts to get his way.
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08-30-2022, 01:57 PM
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#23282 | | My homepage has been set to RS
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"He spoke with Mr. Singh and reminded him that he was not allowed to do any work," Gomery wrote in the decision.
"Mr. Singh said that he would not. Later that day Mr. Lalari (a city official) attended and saw that concrete was being poured and spread by workers. Mr. Singh was present. Mr. MacLeod (the first official) arrived and saw that fresh concrete had been poured since his attendance that morning."
Singh was arrested for breaching the court order. His wife and child were also in the house and were escorted from the property, according to Gomery's decision."
This was hilarious to read
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08-30-2022, 02:14 PM
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#23283 | | Willing to sell body for a few minutes on RS
Join Date: Mar 2002 Location: Victoria
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Lol, got back to work the same day.
I remember when I was a kid my dad wanted to enclose our carport (which was under the 2nd floor deck) into a garage. He got as far as framing it all in, and putting siding on when he started hanging the door city of Richmond came by one day and stuck a stop work notice to the wall (probably because of a snitchy nosey neighbour).
So my dad just left it for about 5 years, and then one day when he figured it was all forgotten about, just hung the door and that was it. Decades later, never heard a peep.
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08-30-2022, 02:17 PM
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#23284 | | I told him no, what y'all do?
Join Date: Aug 2006 Location: Vancouver
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i can picture what the inspector was told  
__________________ 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
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08-30-2022, 02:43 PM
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#23285 | | Zombie Mod
Join Date: Aug 2003 Location: Langley
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Originally Posted by donk. Watch him dump the property quickly for a small loss, dip the country, and then the new owner is responsible.
Then it goes even deeper into the rabbit hole and nothing is ever done about it with legal issues that last 3-5-10 years. | It looks like the guy bought the property for 1.4m back in Jul 2021. Along with the 100k fines, and other costs like demo and rebuild, makes it look like he's gonna take a bath on this for sure.
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08-30-2022, 03:07 PM
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#23286 | | in the butt
Join Date: Aug 2016
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Originally Posted by Presto It looks like the guy bought the property for 1.4m back in Jul 2021. Along with the 100k fines, and other costs like demo and rebuild, makes it look like he's gonna take a bath on this for sure. | No way, that 1 year had sizzling 20% returns
1.4mil x20%= 1.68mil, bump it to 1.78 or 1.88 with the "renovation"
Take off 0.1 for fines he's never gonna pay, another 0.1 to swindle the buyer, another 0.1 for current interest rate "losses", another 0.1 to revert property back to normal
Unless the banks and courts put on a stop sell order, he might even break even I'm just talking out of my ass, someone please quote this 5 years from now when it's all settled, and someone posts a theonion or dailyhive article on it
__________________ Quote:
Originally Posted by Mr.Money
i hate people who sound like they smoke meth then pretend like they matter.
Originally Posted by ilovebacon
Does anyone have a pair of 25 pounds one-inch hole for sale at a reasonable price?
Originally Posted by mikemhg
Clothes come off and my car is permeated with the smell of fillet-o-fish and canned tuna.
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08-30-2022, 06:43 PM
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#23287 | | My dinner reheated before my turbo spooled
Join Date: Oct 2002 Location: vancouver
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Originally Posted by Badhobz where is this price drop people are talking about!? i looked at REW this morning and all the 2-4mil houses are still 2-4 and some of these hunks of junk have the audacity to go up to 3.4-3.7 from 2.9 before.
market correction my ass. | Coquitlam Around me detached homes are listed about 100k less. Sale price is about 2–300k less than listed.
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08-30-2022, 10:42 PM
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#23288 | | RS has made me the bitter person i am today!
Join Date: Feb 2013 Location: Vancouver
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Originally Posted by PeanutButter "He spoke with Mr. Singh and reminded him that he was not allowed to do any work," Gomery wrote in the decision.
"Mr. Singh said that he would not. Later that day Mr. Lalari (a city official) attended and saw that concrete was being poured and spread by workers. Mr. Singh was present. Mr. MacLeod (the first official) arrived and saw that fresh concrete had been poured since his attendance that morning."
Singh was arrested for breaching the court order. His wife and child were also in the house and were escorted from the property, according to Gomery's decision."
This was hilarious to read | This story reminds me of this clown: https://www.nsnews.com/local-news/il...awsuit-3149078 https://www.nsnews.com/local-news/di...-homes-4989900 https://www.ctvnews.ca/canada/vancou...home-1.3653573
Over the last 6 or so years, this guy has been doing unpermitted work all over west van.
That house 733 20th Street is infamous. It was actually for sale during the pandemic, the listing was ludicrous. Called it a $4M house for sale for only $2M or something. With no mention that it literally can't be lived in and the future owner will likely have to tear it down.
Amazes me people think they will get away with stuff like this.
This is a good summary of the mis-deeds: | |
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08-31-2022, 10:23 AM
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#23289 | | Proud to be called a RS Regular!
Join Date: Nov 2006 Location: van
Posts: 135
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Originally Posted by Badhobz where is this price drop people are talking about!? i looked at REW this morning and all the 2-4mil houses are still 2-4 and some of these hunks of junk have the audacity to go up to 3.4-3.7 from 2.9 before.
market correction my ass. | Agreed, I put two offers on two different Richmond houses recently and both were outbidded. Both had 10+ offers, most of them were cash offers and way over asking and assessment.
The third one I wrote was 100k more than the asking, and also competing with couple other offers. The owner ended up pulling out the listing and not selling at all.
LOL where is the market correction?
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08-31-2022, 11:00 AM
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#23290 | | private modder
Join Date: Feb 2002 Location: North Shore
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Originally Posted by quasi I think given how many times this guy ignored the city and thumbed his nose at them the city should send in a contractor to do all the work, put it back the way it was and send this guy a bill. If he doesn't pay it start proceedings to take his property.
This guy is a poster child for the people out there that think the bylaws and building codes don't apply to them, fuck this guy. | He's just like the crazy lady in North Van who insisted on using her townhome as an AirBnB rooming house and the strata had to fight her for years in court. She kept returning to the property and eventually was arrested for contempt of court. Judge imposed a court-ordered sale of her townhome, which is pretty much unheard of. Judge is likely going to send her to jail in October. I think the sad part is she has mental health challenges, but also she refused to undergo any psych evaluation. Quote:
In 2018, Yu’s strata won a years-long legal battle forcing her to shut down the backpackers hostel she was operating out of her Central Lonsdale townhouse. Yu, however, failed to pay the $52,100 in legal bills her strata had racked up, as she had been required to do, and the judge ordered the sale of the townhouse.
Yu was arrested in November, 2020 when a court sheriff and a real estate agent arrived to find padlocks and chains on the doors, with Yu refusing to allow them in.
Yu was arrested again in April 2021 after neighbours filmed her showing up outside the townhouse with a U-Haul and attempting to move her furniture back in. She was later charged with criminal mischief, although the Crown dropped that charge once Yu was found guilty of disobeying a court order.
Addressing the court, Yu pleaded with the judge that she not receive any sentence at all.
“I’m asking your honour not to sentence me, to not put me in jail because this too harsh on me,” she said. “I have done my best in contributing to my family and my friends and also to society.”
Yu said her behaviour should be attributed to a head injury received in a motor vehicle collision years earlier. She added that her legal troubles have led her to swear off alcohol, which was impairing her judgment.
But Yu declined to participate in a pre-sentence report and skipped the appointments that had been made for her to get an independent psychiatric assessment, which the courts use to help provide context and arrive at justice sentences.
“There is nothing about your mental health which I can say contributed to the offence or mitigates the sentence in the range I am considering,” Judge Joanne Challenger told Yu.
Challenger also left Yu with a warning ahead of her next court date, which comes in October.
“On the next occasion, when I impose sentence, I am suggesting strongly to you that you do not drive here,” she said.
| https://www.nsnews.com/local-news/ju...ily-yu-5732282 | |
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08-31-2022, 11:05 AM
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#23291 | | Need my Daily Fix of RS
Join Date: Feb 2017 Location: VAN604
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Originally Posted by yoursyumiko Agreed, I put two offers on two different Richmond houses recently and both were outbidded. Both had 10+ offers, most of them were cash offers and way over asking and assessment.
The third one I wrote was 100k more than the asking, and also competing with couple other offers. The owner ended up pulling out the listing and not selling at all.
LOL where is the market correction? | I noticed this too, perhaps there are some areas that are still more lucrative than others. Ive been looking for a 1 bed invest property and I've been outbid by others. To be fair, by no means am I low balling but at the same time I'm not gonna offer the ridiculous over asking.
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08-31-2022, 02:09 PM
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#23292 | | My homepage has been set to RS
Join Date: Jun 2013 Location: Burnaby
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Originally Posted by G0rilla I noticed this too, perhaps there are some areas that are still more lucrative than others. Ive been looking for a 1 bed invest property and I've been outbid by others. To be fair, by no means am I low balling but at the same time I'm not gonna offer the ridiculous over asking. | where are you looking and how much are you putting down?
I always figured BC isn't a good place for investment properties unless you're banking on appreciation. Because any property you buy right now, you'll like be cash flow negative by hundreds if not thousands of dollars.
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08-31-2022, 02:28 PM
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#23293 | | Need to Seek Professional Help
Join Date: Jan 2005 Location: Van
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The market has been tightening but if you are looking for something we should see a big uptick in listings in September. After that, listings will fall off once again until Spring 2023. It's a seasonal thing.
In terms of a price correction, prices have currently bottomed out @ 10% off peak prices in Coquitlam and the remaining sellers are not in a panic to sell. But prices are down 10% because buyers can borrow less. Is that really a correction when affordability hasn't improved? House horniess seems as strong as ever.
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08-31-2022, 03:00 PM
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#23294 | | RS has made me the bitter person i am today!
Join Date: Nov 2010 Location: /
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Real estate is probably the last thing someone is willing to sell at a lost. They will sell their cars before that happens.
Also no one who bought recently is struggling at 4 - 5% rates where they need to sell. They can cut back on expenses to keep their home. There's major sentiment when people list 10% below the peak. Despite still up 10-15% since 2020
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2007 CSX Type-S [Sold]
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08-31-2022, 03:14 PM
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#23295 | | Network Admin Team
Join Date: Apr 2001
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Were the properties you guys were trying to bid on severely underlisted in the first place?
After talking with a few financial advisors after my TH sale, there are lots of people with seven figure sums in HISA's waiting on the sidelines to get back into the market after selling at the peak
The under listed new and shiny will of course draw the most attention and bids, etc.
Guess its only a matter of time till I panic and get back into the market buying another crack shack dump in Coquitlam and reno it surrey style  | |
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08-31-2022, 04:36 PM
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#23296 | | Need to Seek Professional Help
Join Date: Jan 2005 Location: Van
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Originally Posted by rb After talking with a few financial advisors after my TH sale, there are lots of people with seven figure sums in HISA's waiting on the sidelines to get back into the market after selling at the peak | This is Vancouver in a nutshell lol. Everyone knows friends/family just waiting for the market to bottom out to accumulate more RE (unless we all know the same people lol). When the market turns around it will turn really fast - within months.
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08-31-2022, 05:00 PM
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#23297 | | in the butt
Join Date: Aug 2016
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I don't know anyone with a 7 figure bank account. Even most people older than me, don't have 100k in there
Cue everyone on here is a baller, or knows ballers obvs
__________________ Quote:
Originally Posted by Mr.Money
i hate people who sound like they smoke meth then pretend like they matter.
Originally Posted by ilovebacon
Does anyone have a pair of 25 pounds one-inch hole for sale at a reasonable price?
Originally Posted by mikemhg
Clothes come off and my car is permeated with the smell of fillet-o-fish and canned tuna.
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08-31-2022, 05:05 PM
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#23298 | | Proud to be called a RS Regular!
Join Date: Nov 2006 Location: van
Posts: 135
Thanked 55 Times in 7 Posts
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Originally Posted by rb Were the properties you guys were trying to bid on severely underlisted in the first place?
After talking with a few financial advisors after my TH sale, there are lots of people with seven figure sums in HISA's waiting on the sidelines to get back into the market after selling at the peak
The under listed new and shiny will of course draw the most attention and bids, etc.
Guess its only a matter of time till I panic and get back into the market buying another crack shack dump in Coquitlam and reno it surrey style | I can share my own experience, these information are publicly available. The two I got outbid:
4505 Fisher Court, Richmond, 1.69 asking/1.65 assessment, 1.90 sold (no subject, I offered 1.8)
4320 Shackleton Gate, Richmond, 1.58 asking/1.47 assessment, my 1.71 offer got rejected Monday, don't know the selling price yet.  | |
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08-31-2022, 05:22 PM
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#23299 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Feb 2002 Location: Vancouver
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Originally Posted by donk. I don't know anyone with a 7 figure bank account. Even most people older than me, don't have 100k in there
Cue everyone on here is a baller, or knows ballers obvs | Only guy I know, never bought a house. Lol
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08-31-2022, 05:31 PM
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#23300 | | I *heart* Revscene.net very Muchie
Join Date: Jun 2002 Location: Vancouver
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Originally Posted by yoursyumiko I can share my own experience, these information are publicly available. The two I got outbid:
4505 Fisher Court, Richmond, 1.69 asking/1.65 assessment, 1.90 sold (no subject, I offered 1.8)
4320 Shackleton Gate, Richmond, 1.58 asking/1.47 assessment, my 1.71 offer got rejected Monday, don't know the selling price yet. | Shackleton Gate. 39 parties. 14 offers. Accepted offer only has inspection on it
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