Jo replied to the topic Looking to lease out my small motel in 2 years time – good idea? in the forum Commercial Property 10 years ago
Hi Dave,
I am in a very similar position as you with a small block of freehold holiday units in a coastal area of NSW and looking at the possibility of leasing out in a few years time.
Will be most interested in your progress
Jo replied to the topic Understanding water fees in the forum Help Needed! 10 years ago
I have properties where we pay the water and other properties where the cost is passed on to the tenant. One problem I have found where the tenant pays the water is that they will complain about every single little drippy tap because they think it is costing them a fortune in water – in reality it may be costing only cents in extra water bill,…[Read more]
Jo replied to the topic Would you buy in a dodgy area? in the forum General Property 10 years ago
I too was wary about buying in a dodgy area.
But purchased a house in a fairly high housing commission area a few years back which has so far proven to be my best investment.
I advise to look for an area where the government is slowly selling off the housing commission homes and be fairly picky on tenant selection.Jo started the topic Unit complex sale in the forum Help Needed! 10 years ago
Hi. I have a unit in a small beachside gold coast complex.
The majority of the owners are interested in selling to a developer.
We have been approached by a commercial property sales agent who specialises in this and requests all owners to sign a 6 month exclusive sales contract.
Am interested on thoughts and experiences of whether it would be…[Read more]Jo became a registered member 10 years ago
