Search results

Enough time has elapsed so I will finish this saga off. The commercial property in Brisbane was sold late last year. I was eventually offered $715k privately (no agents). I considerered this amount above market expectation and enough compensation to exit the investment. The gross gain was...

I pay a flat $ 200 + GST per month which I think is quite reasonable for this sort of thing. MJK

Zed, What do you mean by "property value based on cap rate" ? MJK :)

Dazzling, It is quite accepted for the agent to do only leasing without management expectation. Leasing costs are generally between 10 and 15% of first year rent. MJK :)

Learning Man, I bought my first resi IP in 1994. I didn't get serious about realestate until 1999 when I read that I actually could buy more than one property. Since then I bought houses up until 2003. I consider myself on top of most aspects of residential investing. For me it was important...

For the benifit of budding Commercial Investors.... Due to the residential market peaking, I decided to buy my first Commercial property. I was after positive cash flow and looked to Brisbane to find it. Late 2003 I purchased an Office/Warehouse: (280 sqm) for 470,000 with as an ongoing...