ljfzz replied to the topic Motel Investment in the forum Commercial Property 14 years, 9 months ago
Gday 'thecrest', thanks for the detailed response. Thanks for the offer with respect to a copy of a lease, I do need to see some examples. Happy to provide my email (but what does PM me mean?) Sorry, i'm a bit IT challenged. I see the list of brokers you provided in one of your other posts and have perused them, is there an industry…[Read more]
ljfzz replied to the topic Motel Investment in the forum Commercial Property 14 years, 9 months ago
Thanks for the reply. We are specifically searching for a passive investment freehold and are advised that 9-10% ROI is the current expectation. Our financier has determined the level we need to work within is 1.4m – 1.6m based on a 65% lend which is their maximum these days due to GFC. Hoping for high quality, modern facility in major regional…[Read more]
ljfzz replied to the topic Motel Investment in the forum Commercial Property 14 years, 9 months ago
Hello thecrest, I am new to this site and have never been on a discussion forum before so I hope I'm able to successfully communicate back and forward. I was attracted to join the site afetr reading comments on motel investing which is of interest to me as I am currently trying to source our first investment motel and on a steep learing curve. I…[Read more]