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nzstato

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Posts posted by nzstato

  1. Little bit more progress... they're back filling the foundation, you can see we've had to come up quite high on the blocks to satisfy the floor level with the council (flood hazard zone).  It wont look as pronounced once we get the ground level back with some fill/top soil and there will be a small bit of decking around the front here.

    Have also had my negotiation hat on for the provisional cost revisions which are coming back, keeping em honest.

    D14.thumb.jpg.fbd05fbaebe49a99ad9b3529c628be36.jpg

    • Like 5
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  2. 10 hours ago, NickJ said:

    Loving the colour choice!

    Figured if I was going to replace the damaged panel on mine I might as well remove it and have a tap on the workbench.
    End cap was stuck on with the most impressive black goop i've encountered, not even paint stripper wanted to touch it, lots of gentle prying with a paint scraper got it off in the end.
    Panel came out pretty good for a first time with Ali, not perfect, but far better than I expected! Just held on now with a few pop rivets until I can source the correct AN470 rivets.

    IMG_9467.jpg.bbe757a4899335044f96341b1493f571.jpg

    Thanks for the inspirational panel work!

    Thats awesome.  I'd love to have the gear in the future to be able to make entire tub sides. 

    I've previously bought those rivels from central 4wd in Qtown but if you want a bunch there must be somewhere else cheaper.

  3. 1 hour ago, kiwi808 said:

    Buying cars as an investment seems like way more fun than buying shares. It’s why after the GFC classic car sales went up. People liked looking in the garage and seeing their investment as opposed to looking at a computer screen.

    There have been lots of articles written about it too. Google is your friend.

    The golden rule here is to buy something that will appeal to a wide market.

    Rotaries are going up in value, but might not have the same appeal as a Holden, Valiant or Ford.

    The market in NZ is much smaller, which I think makes it riskier.

    A good clean FC might be a good buy. They are still under $50k. (Couple of okay ones for $35k but will require rebuilds as per standard rotary ownership)
    Good clean Batty’s are $50k which is a big chunk of change.


    My money Is on Rotary Bongo Vans.

    The 'Hagerty SideDraft' podcast is very good at discussing this topic

    They always say, but something you love first, as an investment second.

    • Like 1
  4. 20 minutes ago, azzurro said:

     

    Good progress Sam! 

    Like any project must be awesome seeing what was in your head slowly becoming real.

    Cheers

    Like any project there are stressful moments of "dear god what I have I done.." and a general drain on finances with the hope it'll all be worth it in the end...

    It is likely this will be slightly over our initial project budget but will do the financial wash up all the way at the end.

    Will do the next update when there is a bit more of a foundation to look at.

     

  5. Best thing I can do is refer here and find an accountant for your specific situation, there are some further links here which go into way more accountant lingo than I have experience over.  I believe main exemptions are if a) you purchased with no intention to originally subdivide and b) arent involved (or associated) with people in property development or construction, 

    https://www.ird.govt.nz/property/buying-and-selling-residential-property/my-buying-or-selling-situation/subdividing-and-developing-property-to-sell

    Major quotes from there

    "The tax rules around the sale of subdivided and developed sections are complex, and it’s always a good idea to seek advice from a tax advisor to make sure you’re getting it right."

     

    • Like 1
  6. 5 hours ago, Vintage Grumble said:

    What have you got in the way of engine bay venting? I want to seal mine up as sound tight as possible, but then worry about the motor eating stinky hot air, wondering what the best thing to do is? 

    Its fairly well vented.  There is an open port on the cover near the air intake.  Its open between the floor and bilge space and there are small vents on the rear bulkhead.  The fuel tanks at the rear are vented separately

    If you are worried about water ingress I'd seal up your top cover as best you can, add a vent (wherever is best) for the intake and run a bulkhead vent well above the waterline.

    Helpful I hope?

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