THE LONG GAME
Investor Darryl Reid has no illusions about the five-bedroom 1950’s bungalow that he purchased for $509,000 in Rotorua last November. He calls it a “meth house”: “It tested negative, but it was as rough as one,” he shares.
The Ōwhata house and sleepout were bought sight unseen on the recommendation of a local iFindProperty expert in the district. He thought that it was going to be a wreck and when he eventually saw it, he wasn’t wrong.
“It was disgusting. Although an owner-occupier
