REVscene - Vancouver Automotive Forum


Welcome to the REVscene Automotive Forum forums.

Registration is Free!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!

If you have any problems with the registration process or your account login, please contact contact us.


Go Back   REVscene Automotive Forum > Automotive Chat > Vancouver Off-Topic / Current Events

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.

Reply
 
Thread Tools
Old 10-05-2013, 09:35 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
Quote:
Originally Posted by Gridlock View Post
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)
Advertisement
4444 is offline   Reply With Quote
This post thanked by:
Old 10-05-2013, 10:11 AM   #1302
Banned By Establishment
 
Gridlock's Avatar
 
Join Date: Dec 2003
Location: New West
Posts: 3,998
Thanked 2,982 Times in 1,135 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.
Gridlock is offline   Reply With Quote
This post thanked by:
Old 10-05-2013, 10:34 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
Quote:
Originally Posted by Gridlock View Post
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
4444 is offline   Reply With Quote
Old 10-05-2013, 02:05 PM   #1304
My AFC gave me an ABS CEL code of LOL while at WOT!
 
bing's Avatar
 
Join Date: Dec 2003
Location: vancouver, B.C.
Posts: 1,843
Thanked 563 Times in 229 Posts
Quote:
Originally Posted by Gridlock View Post
^^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

bing is offline   Reply With Quote
Old 10-05-2013, 04:55 PM   #1305
I told him no, what y'all do?
 
GLOW's Avatar
 
Join Date: Aug 2006
Location: Vancouver
Posts: 9,795
Thanked 5,779 Times in 2,488 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

GLOW is offline   Reply With Quote
This post thanked by:
Old 10-05-2013, 08:24 PM   #1306
Banned By Establishment
 
Gridlock's Avatar
 
Join Date: Dec 2003
Location: New West
Posts: 3,998
Thanked 2,982 Times in 1,135 Posts
Coal Harbour in Richmond, haaaave you met the new Yaletown in Whalley?
Gridlock is offline   Reply With Quote
This post thanked by:
Old 10-06-2013, 08:14 AM   #1307
I told him no, what y'all do?
 
GLOW's Avatar
 
Join Date: Aug 2006
Location: Vancouver
Posts: 9,795
Thanked 5,779 Times in 2,488 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

GLOW is offline   Reply With Quote
Old 10-06-2013, 08:44 AM   #1308
I Will not Admit my Addiction to RS
 
Gululu's Avatar
 
Join Date: Feb 2013
Location: Shaughnessy
Posts: 564
Thanked 755 Times in 209 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

Gululu is offline   Reply With Quote
Old 10-06-2013, 09:06 AM   #1309
Banned By Establishment
 
Gridlock's Avatar
 
Join Date: Dec 2003
Location: New West
Posts: 3,998
Thanked 2,982 Times in 1,135 Posts
It's both subtle, and understated.

Next time, could they take some High Def pictures to distort reality?
Gridlock is offline   Reply With Quote
Old 10-06-2013, 09:44 AM   #1310
Head Moderator
 
Lomac's Avatar
 
Join Date: Dec 1982
Location: Great White Nor
Posts: 22,661
Thanked 6,462 Times in 2,081 Posts
Quote:
Originally Posted by Gululu View Post
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.
Lomac is offline   Reply With Quote
Old 10-06-2013, 09:51 AM   #1311
Banned By Establishment
 
Join Date: Feb 2009
Location: bedroom
Posts: 3,112
Thanked 3,492 Times in 1,176 Posts
I thought that too, lol!

ITS COOL, MAN. IT WAS BUILT BY WHITE PEOPLE!
dinosaur is offline   Reply With Quote
Old 10-06-2013, 10:11 AM   #1312
Banned By Establishment
 
Gridlock's Avatar
 
Join Date: Dec 2003
Location: New West
Posts: 3,998
Thanked 2,982 Times in 1,135 Posts
So it was built by white people...um, who designed it?
Gridlock is offline   Reply With Quote
Old 10-06-2013, 11:31 AM   #1313
Willing to sell body for a few minutes on RS
 
quasi's Avatar
 
Join Date: Jul 2001
Location: Cloverdale
Posts: 11,532
Thanked 3,731 Times in 1,322 Posts
Quote:
Originally Posted by Lomac View Post
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
quasi is offline   Reply With Quote
This post thanked by:
Old 10-06-2013, 12:18 PM   #1314
My homepage has been set to RS
 
Join Date: Jun 2008
Location: Nowhere
Posts: 2,294
Thanked 848 Times in 392 Posts
Quote:
Originally Posted by quasi View Post
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?
subordinate is offline   Reply With Quote
This post thanked by:
Old 10-06-2013, 03:01 PM   #1315
My homepage has been set to RS
 
sdubfid's Avatar
 
Join Date: Aug 2002
Location: AB/BC
Posts: 2,215
Thanked 1,205 Times in 384 Posts


Maybe they are just concerned about workers safety?
sdubfid is offline   Reply With Quote
Old 10-06-2013, 03:29 PM   #1316
Banned By Establishment
 
Gridlock's Avatar
 
Join Date: Dec 2003
Location: New West
Posts: 3,998
Thanked 2,982 Times in 1,135 Posts
Quote:
Originally Posted by subordinate View Post
in China, have a white person on your company = success.
Yeah, we're like a lucky rabbits foot.
Gridlock is offline   Reply With Quote
Old 10-06-2013, 03:32 PM   #1317
My homepage has been set to RS
 
Join Date: Jun 2008
Location: Nowhere
Posts: 2,294
Thanked 848 Times in 392 Posts
Its more for face.

For contracts, deals. Its a real thing.
Posted via RS Mobile
subordinate is offline   Reply With Quote
Old 10-06-2013, 03:34 PM   #1318
resident Oil Guru
 
LiquidTurbo's Avatar
 
Join Date: Mar 2005
Location: Vancouver
Posts: 7,716
Thanked 10,457 Times in 1,794 Posts
Quote:
Originally Posted by Gridlock View Post
Yeah, we're like a lucky rabbits foot.
Yeah, a white guy to the negotiation table works wonders.
LiquidTurbo is offline   Reply With Quote
Old 10-06-2013, 05:35 PM   #1319
I told him no, what y'all do?
 
GLOW's Avatar
 
Join Date: Aug 2006
Location: Vancouver
Posts: 9,795
Thanked 5,779 Times in 2,488 Posts
Quote:
Originally Posted by Gridlock View Post
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

GLOW is offline   Reply With Quote
Old 10-06-2013, 05:44 PM   #1320
I subscribe to the Fight Club ONLY
 
Volvo-brickster's Avatar
 
Join Date: Feb 2002
Location: Coquitlam
Posts: 7,091
Thanked 2,112 Times in 264 Posts
Quote:
Originally Posted by subordinate View Post

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.
Volvo-brickster is offline   Reply With Quote
Old 10-06-2013, 05:47 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
Quote:
Originally Posted by Gululu View Post
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
Z3guy is offline   Reply With Quote
Old 10-06-2013, 05:50 PM   #1322
My homepage has been set to RS
 
Join Date: Jun 2008
Location: Nowhere
Posts: 2,294
Thanked 848 Times in 392 Posts
Quote:
Originally Posted by Volvo-brickster View Post
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.
subordinate is offline   Reply With Quote
Old 10-06-2013, 06:00 PM   #1323
Wanna have a threesome?
 
MindBomber's Avatar
 
Join Date: Oct 2010
Location: Squamish
Posts: 4,889
Thanked 5,054 Times in 1,657 Posts
Quote:
Originally Posted by subordinate View Post
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 08:40 PM.
MindBomber is offline   Reply With Quote
Old 10-06-2013, 08:38 PM   #1324
Revscene.net has a homepage?!
 
Marshall Placid's Avatar
 
Join Date: Jan 2013
Location: Richmond
Posts: 1,295
Thanked 1,934 Times in 494 Posts
Quote:
Originally Posted by Gululu View Post
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.
Marshall Placid is offline   Reply With Quote
This post thanked by:
Old 10-06-2013, 09:11 PM   #1325
Banned By Establishment
 
Gridlock's Avatar
 
Join Date: Dec 2003
Location: New West
Posts: 3,998
Thanked 2,982 Times in 1,135 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!
Gridlock is offline   Reply With Quote
This post thanked by:
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



All times are GMT -8. The time now is 03:30 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
SEO by vBSEO ©2011, Crawlability, Inc.
Revscene.net cannot be held accountable for the actions of its members nor does the opinions of the members represent that of Revscene.net