Investors who don’t live near their rental properties rely heavily on the skill and honesty of their agents. Some are known to be not as scrupulous as would be hoped.
A known trick is for an agent to rent out a property, usually short term, but not pass any of the income on to the owner. How would the owner ever know?
Another scam that is put to good use, especially in boom and bust locations during a bust cycle, is to pull most of the properties-for-rent ads off their website, thereby instilling a belief in unsuspecting out of town buyers that there is a shortage of supply in the area. This allows the agents and their developer mates to build and sell more properties.
The Knee Defender, small clamps that block plane seats from reclining, got a global boost after a scuffle between two passengers forced a United Airlines jet to make an unscheduled landing.
The on-line seller’s website crashed when traffic surged, and sales rose “substantially” for the $US21.95 clips that attach to a passenger’s tray table and prevents the person in front of them from reclining.
Airline passengers have come to expect a tiny escape from the confined space of today’s tightly packed planes (and it’s going to get worse): the ability to recline their seat a few inches. However a disturbance started on a United Airlines flight because one passenger was using the Knee Defender. [Read More…]
A lot of the following is a précis from Derek Thompson’s article entitled “A World Without Work”, appearing in the July/August 2015 edition of The Atlantic magazine.
In 2013, Oxford University researchers forecast that machines might be able to perform half of all U.S. jobs in the next two decades. The most common occupations in western democracies are the retail salesperson, cashier, food and beverage server, and office clerk. Economists and technologists look up from their spreadsheets and see automation high and low—robots in the operating room and behind the fast-food counter. They imagine self-driving cars snaking through the streets and Amazon drones dotting the sky, replacing millions of drivers, warehouse stockers, and retail workers. They observe that the capabilities of machines—already formidable—continue to expand exponentially, while our own remain the same. And they wonder: Is any job truly safe?
Kompas.com and National Geographic (Indonesia) recent revealed the results of a survey among international visitors listing their comments and criticisms surrounding their holiday on Bali.
Speaking at an open forum held at the Bajra Sandhi Field on February 8, 2015, the governor shared the top topics of complaint listed by foreign tourists.
According to the Governor, the top five areas of complaint named in the survey were:
– Trash and rubbish
– Traffic jams
– Long immigration lines at the airport
– Customs service at the airport
– Dishonest money changers
The governor promised to undertake steps to address the areas identified as the main sources of complaint from Bali’s international visitors.
In closing, he commented to the large audience, “Let’s fix these things, because my brothers and sisters, we live from tourism. Yes, we must make Bali green. Bali must become an organic island free of chemicals – no more chemicals anyone! Bali is fertile and must become evergreen.”
Garuda Indonesia has announced that it will end its direct flight service connecting Denpasar (Bali) and Brisbane, Australia, effective February 1, 2015.
JetStar and Virgin Australia still serve this highly competitive air corridor.
Garuda describes the flight termination as part of a global rationalization of its route network, caused in part by the weakening Indonesian Rupiah.
A 42-year-old man from Melbourne, Australia, who was found dead in a budget Balinese hotel room, was an internationally known public speaker who travelled the globe as a lecturer on personal success, property investment, and wealth accumulation. The hotel in which he was staying offers rooms starting from US$27 per night.
As reported by NusaBali and DenPost, the body was discovered face down in a room at the Fave Hotel on Jalan Camplung Tanduk, Seminyak, wearing only a t-shirt and boxer shorts. A bell boy had been sent to see if the room was still occupied.
Prescription drugs and an empty liquor bottle were found near the body. Reports suggest that the Australian was helped to his room the previous evening in an intoxicated state.
Police believe the Australian may have died of a drug and alcohol overdose.[sic]
Unknown to many users of Bali’s Ngurah Rai International Airport is the fact that a baggage storage service is in operation. This service is particularly helpful for people who want to store clothing or extra bags while exploring Bali and beyond.
The luggage storage service is located on the ground floor of the airport in the left-hand corner after you enter the terminal. Wrapping, strapping and locker services are available.
Two separate pricing structures are in place with international passengers paying Rp. 50,000 (US$4.20) per locker per day and domestic passengers Rp. 25,000 (US$2.10) per locker per day.
The New Straits Times and Australia’s Herald-Sun report that Indonesian AirAsia X is facing an official Australian government probe for practices and procedures surrounding the last-minute cancellation of a flight service scheduled to commence on December 26, 2014 between Melbourne and Bali.
Australian travellers eagerly scooped up attractively priced tickets offered on Indonesia AirAsia X over the Christmas and New Year period with the first flight scheduled to leave on Boxing Day of last year.
Anyone who has been snorkelling or diving off the north-west coast of Bali knows Menjangan Island. The State News Agency Antara reports that the Regent of Buleleng, Putu Agus Suradnyana, has firmly rejected plans by PT Pulau Tirta Properindo to build a villa resort complex on Menjangan Island.
According to the Regent, the plans for the villa complex violate restrictions against building in sacred zones reserved for temples. In addition to violating rules forbidding construction in sacred area, the villa complex is also being built too close to the high water mark. [Read More…]
Indonesia’s very proactive Transportation Minister has outlawed the sale of airline tickets at airports across the country.
Since assuming office as Indonesia’s new Minister of Transportation, Ignasius Jonan has also enforced rules on the use of illegal flight slots, a contentious issue since the crash of Air Asia Flight QZ8501, established minimum fare levels for low cost airlines, is requiring medical checks on pilots prior to each flight, stipulated that airport service charges must be included in ticket prices, and outlawed gypsy taxis from operating at Indonesia’s airports. [Read More…]