thecrest wrote:
Hi Jacko10. Without knowing other details of the leasehold, on face value it is overpriced at ROI 24% ( Nett $170K is only 24% return on cost price of $720K ). 30% is more like the market rate, so price should be more like $570K, provided it is in good condition, minimal maintenance, reliable income etc. (remember school groups…[Read more]

Hi The Crest,I have been reading up on this forum for a few weeks now and have really appreciated your feedback for other motel investors.Today i signed up as I am interested in a leasehold Motel in Victoria.  It also operates as a group accommodation facility for school groups.The motel is located in coastal victoria in a destination town.It has…[Read more]