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Andrew Pitt
Participant
@andrewpitt
Join Date: 2015
Post Count: 21
February 27, 2018 - 8:43 am
actually, i retract previous post. I am using Certus Legal for a commercial purchase and they are proving very able.
Andrew Pitt
Enhancing Commercial Property to Empower Business
Andrew Pitt
Participant
@andrewpitt
Join Date: 2015
Post Count: 21
January 22, 2018 - 5:50 pm
Great photo of Rote(?), would boom if/when they allow/start direct flights from Aust to Kupang West Timor
Andrew Pitt
Enhancing Commercial Property to Empower Business
Andrew Pitt
Participant
@andrewpitt
Join Date: 2015
Post Count: 21
January 22, 2018 - 3:04 pm
Any other suggestions for Qld (Brissie/Sunshine Coast) based solicitors familiar with commercial property conveyancing. (I had a look at Certus Legal, family and kids photos, suggest to me they are resi focused.) thanx
Andrew Pitt
Enhancing Commercial Property to Empower Business
Andrew Pitt
Participant
@andrewpitt
Join Date: 2015
Post Count: 21
December 12, 2016 - 11:58 am
Thank you Corey. Yes, I would agree – that ruling has major implications for property held in a SMSF. Rethink of strategy even. thank you for sharing.
Andrew Pitt
Enhancing Commercial Property to Empower Business
Andrew Pitt
Participant
@andrewpitt
Join Date: 2015
Post Count: 21
December 11, 2016 - 6:35 pm
Scott & Corey – can you please expand on “compulsory drawings”. What would happen if you don’t spend as much as somebody else wants you too?
Andrew Pitt
Enhancing Commercial Property to Empower Business
Andrew Pitt
Participant
@andrewpitt
Join Date: 2015
Post Count: 21
March 20, 2016 - 9:57 pm
what is your prediction for Mackay Region prices? Going down in next 12 to 24 months, neutral, or on the rise in next 12 to 24 months?
Andrew Pitt
Enhancing Commercial Property to Empower Business
Andrew Pitt
Participant
@andrewpitt
Join Date: 2015
Post Count: 21
December 18, 2015 - 5:12 pm
South Coast NSW? Love the area. All those roadworks, north and south of Nowra are just making the region closer to Sydney. There has been a bump up in prices I notice, Nowra, Ulladulla and Batemans Bay plus other
Andrew Pitt
Enhancing Commercial Property to Empower Business
Andrew Pitt
Participant
@andrewpitt
Join Date: 2015
Post Count: 21
December 17, 2015 - 9:46 am
offer to split the cost 50/50 perhaps? It will improve the quality of the property and the tenant can subsidise the enhancements
Andrew Pitt
Enhancing Commercial Property to Empower Business
Andrew Pitt
Participant
@andrewpitt
Join Date: 2015
Post Count: 21
December 17, 2015 - 9:39 am
I have two grandfathers that were bank managers, my dad was a bank manager, my mum worked in the bank, so did a sister-in-law.
But from my experience, it’s use a broker every time.
I have a good relationship with Michael and George at http://www.alphamortgagemanagers.com.au
My nephew has another in North Sydney that he can relate to.
Plus a strategy to reduce risk – it to spread different loans with different lenders. Which a broker can do.
All loans and all security with one bank? No thank you.
Andrew Pitt
Enhancing Commercial Property to Empower Business
Andrew Pitt
Participant
@andrewpitt
Join Date: 2015
Post Count: 21
December 17, 2015 - 9:27 am
yes, I would be interest Guts, I am in the east, where are you based?
Andrew Pitt
Enhancing Commercial Property to Empower Business
Andrew Pitt
Participant
@andrewpitt
Join Date: 2015
Post Count: 21
September 3, 2015 - 4:14 pm
No. But I do have experience moving a telegraph pole for a driveway in Sydney. Long, long, long process, similar to DA process, with requirements for certified designers, Council approval and certified contractors, 9 month process, with more than 20 stages.
Andrew Pitt
Enhancing Commercial Property to Empower Business
Andrew Pitt
Participant
@andrewpitt
Join Date: 2015
Post Count: 21
September 3, 2015 - 4:05 pm
limited upside with strata
Andrew Pitt
Enhancing Commercial Property to Empower Business
Andrew Pitt
Participant
@andrewpitt
Join Date: 2015
Post Count: 21
June 3, 2015 - 11:03 am
Hi Scott – the plan is to negotiate a lease with a tenant – build it to their finish specs – and keep it as a going concern. There is a screaming big billboard on the highway and a listing on allhomes.
Andrew Pitt
Enhancing Commercial Property to Empower Business
Andrew Pitt
Participant
@andrewpitt
Join Date: 2015
Post Count: 21
June 2, 2015 - 6:07 pm
Shukri Barbara
Property Tax Specialists
http://www.propertytaxspecialists.com.au/
509/71-73 Archer St, Chatswood NSW 2067
(02) 9411 8133
Shukri does seminars as well, mostly northside
Andrew Pitt
Enhancing Commercial Property to Empower Business
Andrew Pitt
Participant
@andrewpitt
Join Date: 2015
Post Count: 21
June 1, 2015 - 9:12 pm
interesting formula to arrive at a final figure – I punched the numbers in excel and got a different number.
3433 x 1.2 x .85% (efficiency) /90sqm x 197,000 per unit = 1,500,000
If you are not sure on the value – and you do want to sell – why not invest in a professional valuation?
Andrew Pitt
Enhancing Commercial Property to Empower Business
Andrew Pitt
Participant
@andrewpitt
Join Date: 2015
Post Count: 21
April 30, 2015 - 5:44 pm
Wow! Lots of good advice in the above posts. I would agree with all the sentiments. Only thing i would add is – write a Business Plan – in this instance a Commercial Property Business Plan – with a whole bunch of specifics. On the advice of Steve McNight – I did – and i found the process gave me tremendous focus for the journey.
Andrew Pitt
Enhancing Commercial Property to Empower Business
Andrew Pitt
Participant
@andrewpitt
Join Date: 2015
Post Count: 21
April 30, 2015 - 5:29 pm
yes Guts, i saw the James Dawson webinar last Friday, went for about 2 hours, i think he repeats it. Some interesting stuff on there and James showed us all his property’s. Here is the link to his facebook page https://www.facebook.com/jamesdawsonproperty
No i have not seen or heard of anybody with the package – but, yes would like to know more too
Andrew Pitt
Enhancing Commercial Property to Empower Business