Freckle replied to the topic property and business investment in the forum Commercial Property 12 years ago
Happy to help. Drop me a line if you need any more info.
Freckle replied to the topic property and business investment in the forum Commercial Property 12 years ago
999ivan wrote:
I did leave the door open if they could restructure the deal to my advantageThe deal side should be fair and equitable. Advantage to anyone side is something to be avoided because an unbalanced deal has a higher probability of ending acrimoniously. So when you run into what you think is inequality make this statement and…[Read more]
Freckle replied to the topic property and business investment in the forum Commercial Property 12 years ago
Before you can do anything you need a comprehensive business plan. That will describe how, when, how much. time to break even, market assumptions and so on. They're coming to you so they produce that. Along with comes an investment proposal; value of the business and how they've valued it, why X dollars buys X equity, other financing requirements,…[Read more]
Freckle replied to the topic property and business investment in the forum Commercial Property 12 years ago
PS.
If the guy can bring business to the table he can be accommodated with options, bonuses, profit share increase etc as a kicker. Just don't don't give equity away. That gives a huge chunk of not only future equity value away but also your share of future dividends as well. You also loose voting power which make you virtually powerless.
Over 5…[Read more]
Freckle replied to the topic property and business investment in the forum Commercial Property 12 years ago
If the guys as good as they say it begs the question of why do they need you at all. To me it doesn't change the deal to any great extent other than he may be slightly more bankable.
Letters of intent mean nothing. They're given out fairly lightly because they are not a contract and are not binding.
You might get an order but what if things go…[Read more]
Freckle replied to the topic property and business investment in the forum Commercial Property 12 years ago
999ivan wrote:
Thanks for your thoughts. They have a brew master lined up but would also both be drawing a salary. One as general manager and one as VP of sales. The other way I feel I may be being taken advantage of, is in the division of equity shares in the brewery business. They want me to invest 240,000 for 15% while they would invest…[Read more]Freckle replied to the topic property and business investment in the forum Commercial Property 12 years ago
This is the way you should structure the deal.
The property.
I would buy the property outright and lease it to the business. No share splits,complicated ownership setups etc etc. Keep it real simple. If they want to own a 1/3 or whatever they have to divy up. None of this I'll pay my contribution in payments from the business rubbish.
Or…[Read more]
Freckle replied to the topic Bakken oil formation in the forum Overseas Deals 12 years ago
Beware of the MSM hype and absolute lies re anything shale. If you listen to the actual experts in the field they're singing a completely different…[Read more]
Freckle replied to the topic Whitehaven Coal in the forum General Property 12 years ago
I wouldn't get too excited by one little mine and what it may mean for coal resources on the east coast. To put things in perspective Aus is the 4th largest exporter but that only comes up to 6.7% of global production. Aus consumes 54% of its own production which is likely to diminish as gas replaces coal fired power generation.
China proposes to…[Read more]
Freckle replied to the topic Principle & Interest Repayment Calcs in the forum Help Needed! 12 years ago
Go to this thread
https://www.propertyinvesting.com/forums/finance/4346478
plenty of spreadsheet tools you can play with there from the simple to the complex.
Freckle replied to the topic Heritage Listings – help needed in the forum Heritage Trusts combined with 12 years ago
Heritage Trusts combined with local authority oversight is probably the most painful experience you're ever likely to encounter. Feel free to slit your wrists now.
Personally wouldn't go near anything that is, or likely to be in the future, Heritage listed. But if your the masochistic type then a heritage consultant is an absolute must and one…[Read more]
Freckle replied to the topic Melbourne Market Update in the forum Forum Frolic 12 years ago
DWolfe wrote:
I'm looking forward to Steve's eBook. Should be good, but geez I really do prefer a book with paper pages!
D
There's a new machine out called a printer
I've just bought one of these (got it cheap.. Harvey Norman end of stock sell out) but apparently it's not wireless… go figure. I'll upgrade next…[Read more]
Freckle replied to the topic 1st time New Zealand investor living in Sydney in the forum Overseas Deals 12 years ago
You're taxed in your country of primary residence which I assume is Aus. You need a local accountant with NZ knowledge AND property expertise.
Note there is no CGT in NZ
READ THIS PAGE BELOW
Freckle replied to the topic 1st time New Zealand investor living in Sydney in the forum Overseas Deals 12 years ago
Not personally. You might try a specific request in the Help Needed forum or simply ring around and ask a few questions of accountants. The NZ tax thing is not over complicated. I would tend to focus on an accountant with property investing knowledge/know how as priority.
Freckle replied to the topic Property bust not here yet … worse to come in the forum General Property 12 years ago
The idea that we are reducing debt and deleveraging is somewhat of a myth accept for businesses that have strengthened their balance sheets since the GFC.
Australia has two significant problems namely; the amount of debt owed to foreigners and that a significant portion of that debt is household debt. A substantial devaluing of our currency…[Read more]
Freckle replied to the topic Property bust not here yet … worse to come in the forum General Property 12 years ago
Hyperinflation only destroys local debt not debt owed externally. It also destroys the debtor if the debtors income/assets remains at pre hyperinflationary levels which they usually do.
So for example debt owed internationally still remains because it is valued in the lenders currency which will have moved against any hyperinflationary…[Read more]
Freckle replied to the topic Property bust not here yet … worse to come in the forum Agree but the US is beyond 12 years ago
Agree but the US is beyond that. If they cut all discretionary spending they sill couldn't balance their budget.
This is what US total debt looks like. This does not include future liabilities like aged care, medicare/medicaide, pensions etc.
The US is trapped in a debt hole so big it can't climb out of it. Their solution is to dig the hole…[Read more]
Freckle replied to the topic Property bust not here yet … worse to come in the forum and…. 12 years ago
and….
If one takes the chart above showing the absolute level in Corporate debt, and assumes this is a valid proxy for total leverage growth across all other sectors, one can say, with a straight face, that if all Chinese debt on and off the books, including shadow leverage, were to be pooled, it would make America's grand consolidated debt…[Read more]
Freckle replied to the topic Property bust not here yet … worse to come in the forum China is the one to watch. 12 years ago
China is the one to watch.
Look where Australia is (113%)
Freckle replied to the topic Property bust not here yet … worse to come in the forum General Property 12 years ago
Wife was in Rome last year with our daughter-in-law (Maltese), her mum and my wife's friend. Rome is horrendously expensive as is much of Europe. If your going with your wife she'll love the clothing stores. The quality of their clothing makes ours look like rags. And according to the wife very reasonably priced given the quality.
The downside…[Read more]
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