No tenant? No income. Need to know the area very well to know what the market rent return would be and how long you would have to wait to get a tenant.If looking at a tenanted property, important to assess the stability of the tenant and ability to pay.Sometimes existing landlords have inside info about the tenant's forward plans and may try to…[Read more]

Hi DWhat price bracket are you looking in ?What geographical area ?Any industry type preferences? e.g. factory, office, shop, storage, ?Minimum return required?Type of deposit or equity as collateral – cash, residential ?Time period of investment ?Cheersthecrest 

I thought you could PM someone on this forum, otherwise what are the inboxes for ?

Checkout this thread which is listed about 7 posts down from yours.Cheersthecresthttps://www.propertyinvesting.com/forums/getting-technical/legal-accounting/4328614

Fair comments in some places. However ….Usually ,commercial returns with very secure tenants and zip vacancy are selling between 6 1/2 – 8% max.As you know, commercial returns are nett, tenant pays all outgoings, CG is low, vacancy is a worry and when it hits it lasts longer than res. However, tenant turnover is much less, hence occupancy l…[Read more]

Hi DebskiPlease send me a private message incl your email address and check your private messages for the last one I sent you as wellso I can send you some info.Cheersthecrest

Hi AlexAre you the buyer or seller ?Assuming you're the seller :Unless the contract expressly prevents renting it out, you technically still own the property until successful settlement, at which time ownership passes to someone else. So while you own it, do what you like.However, you have purchaser's  expectations to fulfil at settlement.Does…[Read more]

Hi LinethThis is your first post so welcome to the Forum from just another forumite.Only one post in 6 years !!  That's a long time watching on the sidelines.I for one would need some time to get to know you from watching you helping others on the forum.  Never too late to start and always good to have experts around.Cheersthecrest 

If anyone is genuinely and seriously looking to buy a motel in NSW contact me now as I have an excellent one for sale with genuine reasons for selling.cheersthecrest

debski wrote:
Hi,My husband and I are interested in running a motel.  Can anyone share their experiences/opinions in this area with us?  We would want to run the place ourselves as much as possible.  Since our personal accommodation would be on site, I would imagine that personal cash outgoings would be minimal which is a big incentive.  What…[Read more]

From my own personal experience with the previous RESULTS program, it's a case of putting in and getting out in equal proportions. If you see yourself spending the next 12 months wondering if you're barking up the wrong tree and don't want to waste a year, and would prefer to get on track and do it right with a mentor, then you can get the success…[Read more]

Hi Simon / AofPls  PM me as I have some great opportunities for you.Cheersthecrest

There's obviously a great need here.With voice, data & paper communications now conquering distances,  does it matter where this great accountant is?I have trouble communicating effectively with mine face to face, and the lack of knowledge is amazing.I think my plans have outgrown my accountant.My hand is up too. Can we list these great a…[Read more]

Since almost nothing sells for the listed price, what's the point ?

what's on offer ?

It sounds like the road map thing – you need to know where you are now so you can create a map, plot a course and follow it.Not knowing anything about your level of education & experiencereal in estate investment , you might benefit from a mentoring program like R.E.S.U.L.T.S. from Steve McKnight. We found it excellent. Our mentor coach was Br…[Read more]

What group are you talking about ? What's the name ?

Ditto.  A  response should be positive and on-topic.

Hi CarpeMotel leases are usually owner operated and bought and sold through Brokers, and are usually priced according to the current market conditions and nett profit after rent is paid.At the moment, a motel leasehold in good condition trading well in a good NSW country  town should sell at around 30% nett meaning a leasehold which netts $12…[Read more]

Hi DebskiYes it's confusing because It's such a versatile and flexible area of investment, enjoy the options.There are enough important considerations in this area of investment for someone to write a book on it. The topic is too long for a post here but this is an info sharing area so I'll cover a little of it but be brief.Location.Outside ci…[Read more]