Yes totally agree with Qlds007 and Terryw.

The problem I see here is that motel leaseholds are a business and not bricks and mortar therefore can not be borrowed against with a SMSF. However if you decided to go the other way and purchase a motel freehold, the rules change as you actually have bricks and mortar to borrow against.

Check with the…[Read more]

Hi JJMB,I am a Motel Leasehold owner and happy to answer any questions you may have. I was very raw when I purchased my leasehold, and learn t very quickly by asking other motel owners. You will find other owners are happy to talk to you as they also gain new insights to the way others run their motels.If you need any experience and willing to…[Read more]

Totally agree with both Kaylah and Scott No Mates comments. Paying extra attention to Scott No Mates comment of "Is it an open or exclusive agency agreement (ie can you sell it yourself or is the agent still entitled to their commission? "If you have not signed any exclusives and you are willing to advertise and sell the land yourself, a great new…[Read more]

Although it is a very new site, sellnoagents.com.au is a site offering advertising for owners to sell both their real estate and businesses. It's a nice looking site and will be a great place to pick up some bargains when it gets going.No cost to the advertiser and no commissions on the sale means very good bargaining opportunities……

Hi Crest,
We currently have a leasehold in country Victoria and are contemplating selling the leasehold or running it under management.

Just wondering if you could steer us in the right direction as far as paying the managers, such as contracts of numeration and duties.

regards,

Earlstongardens.