milman replied to the topic Motel Investment in the forum Commercial Property 12 years, 6 months ago
THANKS CRESTSLOWLY BUILDING SPREADSHEETS OF CASHFLOW SCENARIOSMILMANI was confused but now I'm not sure
milman replied to the topic Motel Investment in the forum Commercial Property 12 years, 6 months ago
HiIf the rent for a leasehold is currently 159k excluding GST.Does that mean one has to pay 174k all up.With a 22 room motel what would be the average claim for depreciation (div 40)?Thanks Milman
milman replied to the topic Motel Investment in the forum Commercial Property 12 years, 6 months ago
Thanks Crestrequirements :time requirements- no restraints number of family members – husband and wifeBedrooms required – at least 2Pets- 1 small dogPool?- ?Region- anywhere profitable not coastalPrice bracket – 600k-875k (if house sold)Reno / trades skill level- minimialAdmin skill level- quick to learnCustomer skill level : goodFlicked your li…[Read more]
milman replied to the topic Motel Investment in the forum Commercial Property 12 years, 6 months ago
Hi – AllMy wife and I are looking for a leasehold motel.Just went to a seminar at Caloundra .From what I can gather no restaraunt, 30 year lease and not coastal. Although, we tasted the Tancredi prepared meals and they were great.We are currently wading through loads of information. It's hard to determine what is fact from fiction.After signing a…[Read more]