Monthly Archives: October 2012

METH LABS

Well that got your attention! And so it should because it’s becoming a real problem for home buyers, sellers and renters.

I inspected a home a while back and noticed a few things. There was some odd-looking capped off plumbing around the outside of the house, which I at first put down to someone having an enclosed garden of some sort, some odd damage to the electrical meter box and inside, unusual wet damage to the plaster cornice. After having a good look at the roof I was perplexed as to why there was so much water damage inside so I decided to grab a torch (flashlight) and ladder and take a peek through the man-hole and into the ceiling space. Continue reading

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Hurricanes, Cyclones, Typhoons and Storms

As a former air traffic controller, the professional study and knowledge of the weather was an essential and very important part of my job. I was constantly amazed at the effects of a little surface heating combined with some water vapour. I am a Hurricane Hunter, having flown on a NOAA P3 aircraft through the very large tropical cyclone Kerry in the Coral Sea in 1979. 8 hours of terrifying Hell!

The lure of living on the water also comes with dangers, none more devastatingly illustrated than Hurricane Sandy’s disdainful treatment of the New Jersey shoreline in the United States. Comments like “We’ve never seen anything like it” are just so true.

Many of us may never see anything like a particular storm as they arrive, unexpected and uninvited, every 100 or even 1,000 years.

When considering buying or building a property on the water, any water, always, in the back of your mind know that water, combined with the winds from meteorological events, may well turn your magnificent view into your worst nightmare.

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A SCAM THAT CONTINUES

Many years ago I lost $250,000.  I’m not stupid, merely as trusting of professionals as most lay people. My life savings were stolen by a group of Company Directors, Accountants, Solicitors, Valuers, Financial Advisers, so-called Consultants and Real Estate Agents, working together in such a way as to totally confuse and bewilder even the most experienced investor or business person.  Since then more Accountants, calling themselves Receivers this time, more Solicitors and more Advisers and Consultants have taken whatever was left after properties were sold and proceeds distributed.  Fellow investors and I advanced $2 million on a land valuation of $3 million supplied by a well-known firm. When the scheme collapsed, the land sold for just $220,000.00! The Receiver’s costs were $270,000!  One fellow investor died from the stress of it all.

Continue reading

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