Hi everyone, this is a request for help from thecrest.

He is away from his computer and needs a blank NSW motel lease.
If he has sent you one before, can you pm me your email and I'll get it off you, to pass on.

Many thanks in advance!

Hi to thecrest, I've learnt such a lot from your wonderful posts, many thanks, and have a couple of questions not yet asked.

Our situation (as I know you're going to ask ) : We are looking to buy a leasehold motel in a strong country town, not coastal. We won't need finance as the one we are researching (which is in Victoria) is within our means.

Both the agent, who is familiar with this motel, and the current operator, have told us a lot of cash goes through the place (without actually saying it if you know what I mean) and I'm sure this goes on at many motels. How then can we rely on the P/L financials? Would it still be worthwhile getting an accountant to look them over, even though they aren't right? There's a big difference from one year to the other.
 
Secondly, do you have the steps involved in buying a leasehold motel documented? I guess I need to know a) the steps and b) what order they should be done in. As an example, at what stage do you get a solicitor on board – when making the offer, so that the conditions can be put in correctly, or after the offer is accepted, then have the conditions inserted into the contract?

 Thirdly, we want to get an assessor to check the motel, for its value, and am having problems with this too. First I cannot find any – what are they called?) and second do they base their estimate of value on the P/L, as again, these are skewed. 

If you can shed any light on these, we would be most grateful. Hope you are doing well with your motels.