The financial tricksters play a game of sinking wrecks and balloons.
They load the debts into the sinking wreck and scuttle it, along with everyone’s legal chances of recouping their money,
and they load the laundered assets into the new untouchable balloon and launch it.
Cheers
thecrest

Hi Riviana.
Sounds like you’ve really got it sorted. The Armidale location factors would’ve made it a great location.
Some like restaurants for the social event, but we prefer a 15hr day to a 19 hr day.

Hope you’re reaching the stage where you can grab a good motel quickly since they get snapped up fast.
Thanks for the congrats. We bought a big…[Read more]

Hope all the moteliers in that north western region like Moree, Wee waa etc survived the flooding, helps to check where you’re buying too.
Cheers
thecrest

Can you ask your valuer which bank panels he’s approved with ?
cheers
thecrest

Wagga is an excellent city for the motel industry.
Now we’re a part of it and on track.
Anyone need help with their motel search welcome to PM me.
Cheers
thecrest

Thank you Paullie we have recovered and then some, thanks to the motel industry, family n friends, the Forum and forumites and all their combined info and help by posting, PropertyInvesting.com mentoring program, and a lot of hard work, and the democratic system and abundant opportunities Australia has to offer.

Cheers
thecrest

We didn’t know how bad it was, and accurate information was difficult to get.

There was no forum at that time.

cheers
thecrest

Glad we took 18 months to find the right motel, worth the wait and due diligence.
It’s a member of a major chain, and woohoo the annual conference this year is in Fiji. (tax deductible).
Looking forward to that, Bula Vinaka.
Cheers
thecrest

The South Pacific is beautiful and enticing, however it is a graveyard of expatriate entrepreneurs.

We lost everything there ourselves due to corrupt officials, so speaking from bitter experience.

Coconut Govts change the rules anytime they like, forget democracy there, and well placed officials
can take anything they like one way or another, or…[Read more]

We installed and used evaporative in a very large flat roofed 2 storey home equivalent in size to 2x 3 brm residences. It required external ducting on the flat roof because there was no internal roof space. Air access from the 2nd floor rooms to the ground floor rooms was provided by the stairwell, which acted as a very efficient air duct. The…[Read more]

Hi Thr1lled.
If you’d like the blank lease, PM me your emai addressl & I’ll send it to you.
Don’t think I can send a big attachment through the Forum private message system.
Cheers
thecrest

Hi Thr1lled.
Our motel is on track, going very well, thanks.
Cheers
thecrest

Hi Thr1llied.
Very glad to hear someone is benefiting from the posts.
Any cashflow that cannot be substantiated, cannot be sold.
Valuers will disregard it.
Any large difference in income between one year and the next, especially an increase approaching sale time, is cause for suspicion, and must be proven if accepted into the sale price…[Read more]

Hi Forwardthinking3.
Hope you’re still in Wagga and enjoying success.
As I mentioned, we were seeking a motel leasehold in Wagga and
we have now purchased the Best Western Ambassador in Wagga so pls give us a call.
Cheers
thecrest

Hi Rossansjacqui.
Is there an update to your motel search ?
What have you found so far ?
Cheers
thecrest

I guess it means that if you fix loans on a rate, and that rate will work for your investment scenario into the future,
then your strategy is successful, and it doesn’t matter where interest rates go for you.

However, changes in interest rates affect the economy in various ways and those changes in the economy may
in turn affect an investment, so…[Read more]

I guess it depends on how poor.
If the management is of a level poor enough to be actionable by Dept of Fair Trading, then the licencee would surely prefer a mutually agreed early termination of the managing agency agreement to a DFT complaint.
Cheers
thecrest

If you haven’t been to a seminar of this type, there is much to learn, provided you don’t have to spend too much on travel or accommodation to be there. In most cases, there has to be a certain amount of included “benefit” for the attendee, and it amounts to the necessity to provide a certain amount of bait on the hook. Without providing some…[Read more]

All kinds of creative deals short or long term are possible especially if you doorknock an area and discuss options and vendors needs to find win-win opportunities, it’s amazing how much vendor finance is available.
Cheers
thecrest

My apologies, I meant to say ask the issuer of the EU (ASIC) for the correct method of requesting a refund.
Hope for Vet80’s sake, and any others wanting a refund, that it’s not a Titanic situation.
cheers
thecrest