Philfella replied to the topic Motel Investment in the forum Commercial Property 9 years, 10 months ago
I’m am having difficulty in tracking down an experienced motel legal firm and an accountant specifically in NSW, to assist me in my proposed motel acquisition. Specialist’s who know the motel industry well I am finding to be rather allusive, and don’t seem to promote there services widely, especially in NSW.
Can any forum members pass on any…[Read more]Philfella replied to the topic Motel as a passive investment in the forum Commercial Property 10 years, 3 months ago
Hi thecrest,
After Googling relief managers, I’m now thinking this is something within my capability.
I am now planning to broaden my search to include going concerns, and also will take onboard your feedback regarding the motel market. I very much appreciate your recommendations and encouragement.
Many thanks again
PhilfellPhilfella replied to the topic Motel as a passive investment in the forum Commercial Property 10 years, 3 months ago
Thank you thecrest,
The feedback you have given is very helpful, you recommend buying a freehold in excellent condition, which has been our main goal, but in saying that it seems we are going to have to be very patient and very persevering to obtain such a property.
As so far I have been disappointed by the low supply of available quality…[Read more]
Philfella started the topic Motel as a passive investment in the forum Commercial Property 10 years, 3 months ago
My wife and I are self funded and managed retirees, who are always on the look out for suitable income enhancing investments that also provide some capital gain.
I have been investigating and researching over the past 6 months the possibility of investing in the freehold part of a NSW country motel as a passive investment to the value of…[Read more]Philfella started the topic Motel as a passive investment in the forum Commercial Property 10 years, 3 months ago
My wife and I are self funded and managed retirees, who are always on the look out for suitable income enhancing investments that also provide some capital gain.
I have been investigating and researching over the past 6 months the possibility of investing in the freehold part of a NSW country motel as a passive investment to the value of…[Read more]Philfella started the topic Motel as a passive investment in the forum Commercial Property 10 years, 3 months ago
My wife and I are self funded and managed retirees, who are always on the look out for suitable income enhancing investments that also provide some capital gain.
I have been investigating and researching over the past 6 months the possibility of investing in the freehold part of a NSW country motel as a passive investment to the value of…[Read more]Philfella‘s profile was updated 10 years, 3 months ago
Philfella became a registered member 10 years, 4 months ago