Hi Vet80.
Well placed link speedygonzales.
The speedygonzales Gold Coast article makes me think you would be joining a long queue for a refund.
Now there is another company involved, it looks more complicated.
Dept Fair Trading should be able to suggest the correct method of requesting a refund which complies with
their EU order.
Good luck
cheers
thecrest

Hi Alrox.
As a matter of interest, what price bracket leaseholds are you looking at ?

” . . . . Enforceable Undertaking . . . .” OMG sounds like an embalmer with a court order. Groan, sorry Terry & everyone, it just got to me, that one.
cheers
thecrest

FWIW – The Aussie Rob sales team did a sales presentation to us at home one afternoon, several weeks after the Darling Harbour Mega-Conference.
We showed considerable sales resistance, and we were very confused and unable to grasp how this whole program was operating, and had more questions than answers like who ran the information systems behind…[Read more]

Hi Vet80.
Sounds like a refund opportunity.
If you’re seeking passive retirement income, you might like to checkout my posts on motel investment ( passive ).
Motel leaseholds return around 9% to landlords, sometimes 10% if setup right by the landlord offering a new lease.
Cheers
thecrest

20:20 hindsight is easy to sell.
There are horseracing betting systems for sale taking credit for past success, easy after the races have run and results are in though.
I’d like to see a trading system offered for sale with a 100% unconditional money back guarantee.
cheers
thecrest

First I’d locate and engage a very property investing savvy accountant and ask them the same questions.
Then bring a short listod options and scenarios to the forum and refine it.
My 2c worth.
Cheers
thecrest

Over the last 2 years we have had some educational experiences with banks who financed our motel investment, and in the hope it might help someone else, we’ll share it here.
Bank A – agreed to finance our plan to sell our freehold motel, buy a leasehold motel and double the return for the same investment.
Then use the extra income to buy 1-2 brm…[Read more]

Anyone care to add to this post n let us all know what they’re seeking in a motel and share their story ?
The journey is always amazing.
Cheers
thecrest

Hi Kenneth.
You’re talking pesos, right ?

cheers
thecrest

Hi Alex
Nice big quote. Did u mean to copy all that ?
Agree it’s very interesting.
Cheers
thecrest

Hi John.
That’s a very clever strategy.
It converts personal living expenses the tenant can’t claim on tax,
into expenses the landlord can claim.

Can someone familiar with Australian Tax Laws tell us if
there are any FBT implications in supplying “free” utilities to a tenant ?

What else can the landlord supply for the same effect – groceries,…[Read more]

TripAdvisor lists only one motel in Narromine, might be other accomm though.
Cheers
thecrest

http://www.tripadvisor.com.au/Hotels-g529007-Narromine_New_South_Wales-Hotels.html

Hi All.
We are pleased to announce finally after many hiccups over the last 18 months of searching
for the right motel, , that we have
settled and purchased the leasehold of :

The Best Western Ambassador Motor Inn, Wagga Wagga NSW.
4 star, 22 rooms plus 6 x 2 brm apartments, pool, no restaurant,
strong business, excellent location, very strong…[Read more]

Ask the vendor, who needs to be not only willing, but legally able.
Cheers
thecrest

Some good suggestions here, if you want only payroll, MYOB and QB entry level are around $700 & $500 respectively.

I’d really appreciate as many suggestions as possible, something will ideally suit this purpose,
and I’ll look at just about anything. Sometimes the simplest are best.

Cheers
thecrest

HI Naisy.
I totally agree with Pazza & Xdrew – education first.
Spend little or nothing until you have a sound strategy.
Search this forum for lists of essential reading and usually you’ll find people suggesting starting with a book like Rich Dad Poor Dad.
And continue to haunt the forum as you have, and you will learn fast.
Good luck on your…[Read more]

OMG. Didn’t notice. Picked it out of the active posts list. Duh.
Oh well, more typing practice.
Thanks for the heads up.
Cheers
thecrest

Sounds like Shangri-la.
That was a nice movie.

Maybe I’ve missed something in trying to quickly read all the volume of your posts.
Cheers
thecrest

Hi Tracey.
Assuming the valuer agrees with the $120K nett return, and that return has existed for a long enough period,
then there must be some reasons in the written valuation stating
how the valuer reached a figure below the capitalisation rate you were expecting.
That’s not to say the stated reasons are correct.
BTW, what is the general cap…[Read more]