RnB

piccies?

but for personality IMHO nothing beats a... scooter bleaney they have balls.

hooked up an Iwaki 50 pump as a return pump.... ok so it moves a lot more water then an ehiem 1060 I have now got rid of all the leaks but I have the dreaded micro bubbles..... Pies - others... what causes them, whats the fix. The pump is mounted at floor level, and gravity feeds it from the sump, only about 1 ft of head on the input side, pushing through 2m of tube, about 5ft head. :roll:

t+1 day

I own multiple residential rentals via LAQC, and my own homwe trust owned. I would not personally be buying, the right time to be buying stopped about 2 years ago, now is a good time to be lightening up a bit. take some profit and tuck some cash away for bad times 8) if you do not own it depends on how long you see yourself being in that one place? in times of recession it helps to be mobile to get a job....... I would probably be doing the auction rounds checking out whats out there, making low but not stupid offers etc, i would fix the mortgage for 18 months as we should be in a falling int rate position by then and then i go onto floating for about 24-30 months then I would fix for as long as i could if the rates where low.... I am personally fixed at 6.45% for 5 years with just under 4 left to run on all my properties. interest rates tend to run in long cycles. we are near the top, no point fixing long term now, but flaoating about 9% vs 7.8% for 18-24months, so fix to get that 1.2% saving. Depending on others circumstances..... Married with family and stable job... buy a home! stability is a good thing for famillies. Single .... buy an investment property, if you can find a bargin... don't be in a hurry, market feels very toppy outside of AKL. migrantas only seem to want to live in akl. do not live in it yourself! just let it run as a tax loss. also akl seeing a lot of Aussie buyers... when they invest here no cap gain tax or high duty's etc... its pushing akl higher still...... DO NOT TOUCH APARTMENTS.. in 50 years your house will be worth next to nothing and you will own 10 sq m in body corp with 20 others duh.... IMHO if a property cannot show you at least 6% yield, leave it alone.... also i would not peronally touch investment property outside the 4 major NZ citys AKL,WGTN,CHCH,Dunedin the regions have a history of being hit hard in recessions............ the AKL economy is the engine of NZ excluding agriculture... it will be hit first but also recover first. I personally think that inner city villas close to AKL center with good school zones are the safest games in town. they just cannot build enough roads up here, eliminating the commute will be a major purchasing factor.......

with all respect House prices can go up and down, and incredibly fast both ways! The market NEVER goes just sideways, thats impossible.. think about it. Given this everyone is always trying to pick the bit just before the top to sell...... how many do you think get it right? In general in NZ house price history shows that during downturns houses do move down in real $$$ terms, approx 8-9% PA in AKL in past. But for the buyer the significant thing is that the quality of the stock available goes up, and if you hold a dump... best you do not have to sell. The banks fund their mortgage books offshore, in general at the NZ base rate + a little bit, and they have to manage the exchange risk. in general the book is a 2 year average fund, thus the banks are slightly exposed to 5 year fixed lenders, thats why they encourage 2 year fixes 8) While our doller is held high by our high interest rates (called a high yielding currency) this will all change rapidly as/when the US economy recovers and the FED starts tighting. We have a MIGRATION lead economy.. and migrants need houses, if the economy turns down (something every bank economist in the country is forecasting) the gumint can ease immigration rules if necessary to spur economy. The biggest mistake most people make is to buy there first house and live in it themselves... financially / tax wise, thats so stupid..... House prices can and do go into negitive equity situations (you owe more on mortgage then the house is worth) ... its happened here before and in the UK! Do i think the market will crash? only if we have a major event (foot and mouth for real, massive international war (taiwan/china scenarios?) flu that kills 1 in 20 people would do it! in other words, probably over our life times, we will see 1 event capable of dropping houses prices about 30% overnight....... its much more likely we will see only inflation growth or even a 8%ish fall in selling prices for a year or two, our base rate is very high, the RBNZ can cut it a long way to spur buying.... they want a soft landing remember if you are in trouble with the rest of the population, the banks are in bigger trouble last point, if the house you are looking at is 300k and it goes up only 5% while you wait, before tax you have to make an extra 20k just to stand still? can you do that?

Its amazing what comes out at night........

dropped $120 on a few bits to get an iwaki inline as a return pump.....

the paypal worked fine but the worldpay spat the dummy on that site?? go figure... I will be waiting by the mailbox then..... Think i will run em on the same circuit as the blue lights like steve.

they just tried to hit me $268 sgd for 2 + shipping so thats about $112 NZD each.... nice

whats it called the newer one?

so they cost you $100 landed?

http://www.amazon.com/exec/obidos/tg/detail/-/1890087025/ref=ase_reeflink/103-0397041-5872653?v=glance&s=books i can take a peek at?

how much... tell him he's dreaming........

Would you tear it down and sell the parts... or would you try and sell the whole thing like recent trademe auctions..... I wonder if anyone has a spare 5k to spend in one hit...... ???

What size RCD devices are you wiring in? and anyone tried 1000W MH lighting yet? Peter

Does he have nice new shop now up top of the lane?

Saw pies setup again last week. The sump room is looking way good, tank looks great, corals all doing well. I love the widh of this tank!

some pumps can actually be wired at the attachment panel for either voltage... but not many... If buying new I WOULD NOT buy 115... but if you pick up a stack of trademe 115 ones like me for $20 each... buy a transformer, pumps pull quite small loads, easy for transformer to cope. Peter

true steve, your big tank looked awesome , but did not have massive flow..........

:lol: watch the lips move You do not need an anemone to either KEEP or BREED clownfish.....

buy the clownfish book..... while it is all well to do the breeding in the same water coloumn.... you will need to rasie/feed the fry in a separate tank....... best to move water with eggs and leave the pair to breed again, they can be keept in a pretty much bare tank.

its called risk, and to take it you have to get a return.

I have DVS in AKL and think its great, but if i lived somewhere slightly colder I would go for air con..... After 8 years in the UK, AKL seems tropical. Peter

Poor knights and gt barrier are my fav dive sites......