thanks wylie, very helpful!!!

lol terry, how did I guess you would say that!

Come on people!
OK lets refine this notion of the *greatest cashflow generating business* requiring the least effort and the least amount of time to establish to those that can be stuck inside a simple warehouse!
cheers folks….work those brains my friends!

Absolutely wonderful input and very much appreciated Celeste…I have been in a similar (less flashy) children’s playcentre in Townsville, which spurned my interest to begin with. I would love to know the primary frustrations you think and know mum’s, dad’s and children have in using these centres and what other income generating features/systems…[Read more]

I would LOVE to know how they work celeste….Spill all here my friend!

Celeste, thankyou for responding in the propertyinvesting website, I would love to hear about your ideas, which area does a roaring child playcentre trade…do you know any good family demographically oriented areas?

Sorry to go off topic, but does anyone know of a good resource to locate data on upper quartile, median and lower quartile price ranges for NZ properties?

thanks

Hi Vito,
Are you interested in getting (finding) the right property, or creating the right property deal? Because in the latter case you can apply your strategy to any offshore market and succeed.
As for costs, I don’t think the sundry costs of property management and maintenance for Res. prop differ considerably.
So as not to simply nit-pick your…[Read more]

As odd as this sounds to some, I would never buy a tenanted CIP. I just believe there is not enough room to maximize income-thus the captalized worth of the property. I view investing in vacant CIPs as buying wholesale, because the market views it as having no inherent value other then the land and building replacement cost considerations; they…[Read more]

pardon me, I pressed post too early!..[blush2]….. as I was saying, despite the downside of low leveragability on cash down comparative to residential IP; I can see enormous potential in increasing the value of commercial real estate instantly by applying creative solutions to multiple problems ie. pre-qualifying a durable high-income earning…[Read more]

Hi there,

So far most of the rental increase ideas have been based on the assumption the tenant is already in the premesis. I hope more discussion goes into ideas for how to increase rent during vacancies. As for those who think creative value-adding and subsequent rental increases are untenable or immoral, I disagree. The market rent for your…[Read more]

Melbdude, I spoke to you on MSN messenger, and you told me your name was Rhys. L’shanah tovah to you this Rosh Hashanah. I suggest you be more honest this new year and people will be less inclined to doubt the sincerity of your posts

Yidn_shalom24

Thanks for your input Wylie……my reference to the bar ws also speculative. If I was to undertake something like this, I would probe market trends and see what is selling. I found your advice regarding *pointing unimaginative buyers in the right direction, very helpful* thanks again

Yidn

Love to hear your enthusiasm over your success, it is inspirational for a young investor like me.

I hope you don’t let your enthusiasm or perserverance to take action wane by thinking this is the only diamond in the rough though.

mazel tov and I am very happy for you!

Thanks DR X for your comments and kind words,

If you’ve read Steve’s latest newsletter, you will see his response to one of the forum posts regarding changing the perception of the exterior walls for low cost perceived benefit. He refers to concrete *sledging* (I think he called it), whereby they plaster a layer of wet concrete over a an…[Read more]

it’s called synergy and compounding interest dazzling

the recipe of great wealth

I honestly believe an RE deal is made and not necessarily location dependent as Steve advocates. However, at the same time, I think it is wise to try to tackle the market stats and examine them as pointers at least to the extent of analyzing their merit as guides to the prevailing property market sentiment of the past and the present; and then…[Read more]

Thanks Mike!

your clarity has helped me to understand my frustrations a little better with this perpetual question

regards, yidn

Dr X

Thanks so much for your experienced advice i’m learning everyday

warm regards,
Yidn

Hi Nicola, welcome!

From what I inferred in your post, you have the goal of positive cashflow + cap growth but predominantly pos. cashflow with this deal, am I correct?…..If so, I would like to know what you think you could equally achieve in terms of positive cashflow if you were to invest the same amount of capital (assuming you are to use an…[Read more]