ljfzz replied to the topic Motel Investment in the forum Commercial Property 14 years, 10 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, 10 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, 10 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]