Josh1942 replied to the topic Motel Investment in the forum Commercial Property 15 years, 1 month ago
What commissions are yopu paying to brokers to sell a motel?
Josh1942 replied to the topic Is the Commercial market still dry??? in the forum Commercial Property 15 years, 1 month ago
I have clients from overseas lined up to buy in Sydney CBD especially hotels/motels. Problem is there is no stock at reasonable yields. Anything that becomes available will be quickly sold. The big agents are a problem because they accept listings at unrealistic prices which are not borne out by due diligence. Many commercial loans will have to be…[Read more]
Josh1942 replied to the topic Discount Property Group in the forum General Property 15 years, 6 months ago
To answer your question. I do this for a living. Just yesterday I saved a prominent Doctor about $30,000 by giving him free advice about a property purchase he was about to sign for. He does all his own research and pays a great deal of money for it – all the best too – everything from people such as Matsuik, Ryder,the Banks,IBIS etc. He is…[Read more]