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  • Profile photo of Dave The InvestorDave The Investor
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    @dave-the-investor
    Join Date: 2011
    Post Count: 3
    July 10, 2011 - 10:21 pm

    Hi thecrest

    Could you please confirm that you received my information by PM as I am not sure how to access your reponse.

    Regards

    Dave

    Profile photo of Dave The InvestorDave The Investor
    Member
    @dave-the-investor
    Join Date: 2011
    Post Count: 3
    July 6, 2011 - 6:43 am

    Thanks thecrest

    I understand that the will be a difference of returns from inland to coastal,I am assuming that is because the value of the land is greater by the coast.

    My question is should it be as much as a 50% better return between them, if its 10% for coastal.Put in another way should coastal be better than 10%?

    I think the catchphrase should be "coast for dough and inland for more dough!!

    One of the properties I have looked at only has 35% occupancy. My concern is that the other players would have capitalized on that and it would be hard to lift substantial,would you agree?

    Thanks

    Dave

    Profile photo of Dave The InvestorDave The Investor
    Member
    @dave-the-investor
    Join Date: 2011
    Post Count: 3
    July 3, 2011 - 2:58 am

    Hello

    I'm a newbee.

    I have been looking in to investing in a freehold motel.

    I have also been looking at the post on this forum.

    The freeholds I have seen do not appear to be returning anywhere near 15%, they seem to be more like 10%. Does this mean that they are overpirced or under performing?

    I do like the attraction of the motel being on the costal fringe.

    Where I have been looking are more destinations than passing trade.

    I look forward to some comments.

    Thank you.

    Dave

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