Hi Ajay,
There is other cost ‘Holding cost” and ‘subdivision cost’. As you mentioned you are building 7 units so I assume you are sub-dividing the block. Depending on the council it will take about 9 months to a couple of years to get the planning permit. One of mine development it took 3 years to get the permit and that is the longest holding…[Read more]

Hi thecrest,
I am not the full owner there is about 5 other partners. Yes the registered LLC paid 15% deposit and 85% loan (50% bank loan and 35% loan paid by former motel owner where the loan rate is about 1% higher than the bank rate).
The return on the money you invest as deposit say 100000 you get 12% every year. All partners have difference…[Read more]

Hi thecrest,
Yes the motel is freehold under management. When I say passive it means I am a 30% shareholder and the initial amount I invested as shareholder is taken as loan in the business and the business pays 12% per annum paid monthly for the initial investment amount. Just to clarify when you say 13.5% return for local motel is the net…[Read more]

Hi thecrest,

Let me see whether I can answer all your query LLC is Limited liability Company. Each motels is on its own LLC. So if one goes bad the others will not fall with the bad property. Currently all the motels are freehold with 25 years loan on the property.
Any investment you make you will get 12% of that investment (so invest 100k you…[Read more]

I have invested in motel as a passive investor in the USA motels and get a return on my investment of 12 % every month. I started investing during the GFC in 2009. Currently the LLC I have invested started with 1 motel and today they have grown into 3 motels and in the process of buying the 4th motel and partner is calling me to go and help him…[Read more]