All Topics / General Property / Commercial Property

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  • Profile photo of AdministratorAdministrator
    Keymaster
    @piadmin
    Join Date: 2013
    Post Count: 3,225
    August 3, 2005 - 1:04 am

    Crunched some numbers and have found a property with CoCR 10.26% (I) or 7.29% (P&I).

    This is based on a standard 70% loan for 25 years at 7% interest.

    I consider this to be a decent investment. Is it the same with residentual and commercial to head for the 10% mark?

    Cheers,
    Jacob.

    ‘Stay Happy and you’ll be Perfectly Fine’ – Jack

    Profile photo of steveadelsteveadel
    Member
    @steveadel
    Join Date: 2005
    Post Count: 7
    August 7, 2005 - 12:34 pm

    hi, i think commercial property is definately the way to go for several reasons including return. im involved with 2 comercial properties and so far in 5 years have had the minimal hassles and no vacancies. findind a resiential property giving high returns is next to impossible and if u do its usually in and area with little growth. im presently looking into unlisted property trusts which will give you at least 8.5% return and absolutely no hassles and has growth. i think end of the day we all want high returns with minimal risks and hassles, so i think diversification is important with investing

    hope to be some help
    steve g

    stephen g

    Profile photo of hmackayhmackay
    Participant
    @hmackay
    Join Date: 2004
    Post Count: 197
    August 8, 2005 - 12:21 am

    Hi All,

    I have just one commercail(factory / showroom).

    Had a business operating out of it and the owners decided to sell. At the time in 1999 the rent payment exceeded the interest cost so we bought. its value has gone up atleast 80 percent and rents are now well above the interest. This has been a top investment.

    I would like to buy others but I have seen a lot of props sit mt for many months. I guess you need to get a good (quality brand / franchise)tennant, not your mum and dad setups that seem to have a high failure rate.

    Yes agree that once a good tennant is in place the prop can be hassle free and the tenants pay all the outgoings!!!

    hrm

    Profile photo of AdministratorAdministrator
    Keymaster
    @piadmin
    Join Date: 2013
    Post Count: 3,225
    August 8, 2005 - 2:19 am

    Thanks for your input and may your investments prosper.

    Cheers,
    Jacob.

    ‘Stay Happy and you’ll be Perfectly Fine’ – Jack

    Profile photo of XeniaXenia
    Member
    @xenia
    Join Date: 2002
    Post Count: 1,231
    August 8, 2005 - 3:55 am

    hi spi,

    this may be of inerest

    https://www.propertyinvesting.com/forum/topic/18875.html

    We buy properties in all conditions. Can offer Immediate Cash Settlements, No Real Estate Agents Required
    [email protected]
    phone 0412 437 582

    Profile photo of AdministratorAdministrator
    Keymaster
    @piadmin
    Join Date: 2013
    Post Count: 3,225
    August 8, 2005 - 12:11 pm

    Thanks man. Been reading that one aswell. Interesting.

    Cheers,
    Jacob.

    ‘Stay Happy and you’ll be Perfectly Fine’ – Jack

Viewing 6 posts - 1 through 6 (of 6 total)

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