tonyjj01 replied to the topic First time commercial property investor in the forum Commercial Property 15 years ago
doogs1357 wrote:
No problems. If you've got a tenant in place my advice would be: – Maintain communication regularly and make sure the air-conditioning is working properly. You'd be surprised, but this is the biggest complaint we get from sitting tenants. A tenant isn't going to move just because the air-con doesn't work well. But it will make…[Read more]tonyjj01 replied to the topic First time commercial property investor in the forum Commercial Property 15 years ago
doogs1357 wrote:
Hi Guys, I'm a commercial property sales and leasing agent in Sydney. I've been doing it for around 8 years and I'd like to share some insights for those that are interested: – Investors with property valued between $300k and $3mil rarely do well with industrial or commecial (office) investments in my markets. – Property can…[Read more]tonyjj01 replied to the topic First time commercial property investor in the forum Commercial Property 15 years, 2 months ago
kum yin lau wrote:
Hi, my experience with lenders is such that I can probably write a book about how the banks decided that I didn't have the means to repay.I take whatever loans I can get. Sounds like a broken record. When RESI said I qualified for a 500000 loan in 2000, I asked when do I get it, where do I sign? Remember back then, that was a…[Read more]tonyjj01 replied to the topic Chartered Accountant vs Certified Public Accountan in the forum Legal & Accounting 15 years, 2 months ago
Hi can anyone recommend a good financial adviser and accountantin the Sydney area? i don't wanna spend a huge amount but I'm willing to compromise. thanks…
tonyjj01 replied to the topic First time commercial property investor in the forum Commercial Property 15 years, 2 months ago
crj wrote:
Another aspect to consider is some lenders want principal and interest repaid over say 10 years. This can have a detrimental impact on your cashflowI'm filling out paperwork for the loan as we speak. repayments will be more then rental return, but i have another pos cash flow property to cover the difference. you know any lenders…[Read more]
tonyjj01 replied to the topic First time commercial property investor in the forum Commercial Property 15 years, 2 months ago
thanks mate
tonyjj01 replied to the topic First time commercial property investor in the forum Commercial Property 15 years, 2 months ago
kum yin lau wrote:
Hi, tell me when you find a commercial property with good leases selling @ 9% net yield. I'll pay you finders' fee.KYHi KY, how are you i just wanna advice of something i have found, your opinion would be appreciated. commercial property in Sydney city area asking price of about $300, 000 and rental lease dues to end this…[Read more]