Recent content by Gretsch

Hi, I'm looking at this company who manages and sells large commercial real estate to investors under syndication. I have a cousin in real estate that advises me to stay away as he reckons most of the profit goes to the company that sets up the syndicate. I'd be interested to hear from...

That makes sense,

I'm not sure if I follow you here, I have to factor in the ease of selling in the future. So does it follow that a commercial shed would be easier to offload than a retail property ? Or a commercial shed would appreciate in bricks and mortar value better than a store front ?

Well that confirms my feelings on the CIP market in general. I've been scanning the RealCommercial site for months and it appears that most of the stock has had lots of page hits but no sales ! Then you look at the for lease pages and there's literally thousands of properties on offer. I don't...

Great. The rest is obvious. Thanks. :-)

So you're saying it 's not an uncommon thing ?

I'm looking at buying some offices as investment and have come across at least 4 situations where the occupiers are wanting to sell their properties and remain on as tenants. I ran my own business and owned my property, sure I went through tough times, I never thought about selling my...

Hi all, I'm currently looking around to buy some commercial property for investment preferably with a lease in place. Not sure whether to buy a couple of under $400K or something around $800k. Then should I go for offices or industrial, I've looked at Brisbane, Sydney and Melbourne areas...

Yes I'll follow that up and will post my result. Thanks.

Hi, One year ago I handed our Darwin home over to a PM as we moved to our new rural home in NSW. The tenants ended their rental agreement and moved out.Our PM reported everything was good, house had been cleaned out, pool was professionally taken care of and all that. New tenants were...

Thanks for the feedback, I approached a property management company to take it off my hands and furnished means beds, white goods etc while linen and cutlery is a complete package. (They used another name but I forgot what it was).

Hi All, I just finished cleaning out the investment unit I bought 2 years ago, first chance I had as it was rented out the whole time. It had an old TV and coffee table, cutlery & plates, linen and white goods. I decided to ditch the old TV and cutlery as it was off-putting. It's now basic...

Hi Rolf, No borrowing, cash. I've had it with debt !

Yes I realize we will be paying tax on income for our ppor, so if it can't be offset against the interest on the bank loan would the logical thing to do here is sell and pay out the new property ? I was told by my accountant you can't sell your ppor to your SMSF, but it's no longer our prime...

Hi, Here's a question regarding a new property we're about to settle on, I'll give you our current position: We own our ppor, currently valued at around $600K. We've put a deposit on a rural property which we got for around the same price our ppor is valued at. I have 25% cash to put...