Recent content by qprjames

alexlee you are probably spot on. i have made assumptions on everything....i have never run a business before so i didnt really pay too much attention to the initial set-up....my accountant is a friend of mine so i just assumed he would set it up in the most efficient way...... but no i...

sorry perhaps i got a bit mixed up. i assumed i am the trustee....i am the only one listed on the family trust and have full control of the trust. the trust owning the land is a compltly different entity to the company which owns the business. sorry i am still learning these things :o i...

Hi Terry, To answer the below message..... I do own both the land and the business...the freehold and it is owned outright. I bought the land with the family trust and i bought the motel business with my pty ltd. My accountant suggested that i have a family trust and a business to stop...

hi scott..... to answer your questions.... Is the motel developed to the maximum under the council's LEP/DCP? That is, can you put on a second storey or a couple of additional rooms? Is the motel working to the maximum capacity for the size? ie what is your occupany rate? Can this be...

thanks for the feedback arron. the zoning is definately residential or at the very least mixed use. they are a row of twonhouses which are used as mainly for private use but occasionsly rented out. i would only be purchasing 1 of these units. my accountant suggested that i should pay back the...

:oHi guyz, hoping someone can give some advice on this one..... To set the scene, i bought a $1 million approx valued hotel (under my property trust) 1 year ago. just a simple 10 bedroom hotel in a modest seaside resort. the business i purchased seperatly using a seperate business name. it...

I agree with Melbournian...i'd leave the overpriced, overhyped off the plan properties to the foreigners who are forced to buy from new in Melbourne. Much better value in 2nd hand apartments to be had in the city. Just bounce some offers around and you should eventually pick up a bargin somewhere.

I woudnt trust MAB for starters. they seem to have fooled most investors there with their promotional material that the site would be right on the water, but in actual fact, you'll be doing well to get an apartment there with a decent view of the water. You should get down to the site to check...

Yep. relocations is the way to go. Britz/maui also do it. I have done 5 relocations and always got MASSIVE vans which sleep 6 people. Be carefull though, they can cancel their hire contract with you less than 24 hours beforehand IF a tourist wants it as a on-way hire. this happens 1 in 10...

I dont feel the above comment is racist. maybe a little politicalyincorrect yes, but then again you cant do anything these days without offending one group or another! And yes certain 'foreign groups' do change the characteristics and the dynamics of certain areas. Personally i'd rather not...

I've also been looking in kensington/flemington for the same reason although now i'm thinking of waiting 2 years incase prices inner city drop off (sticking my money in shares for the time being). I'm a single bloke in his late 20's, so for me, as long as i can find a nice town house for around...

Her Mr Stitchy. I am in a similar situation to you. My story is that i sold my london (watford) place in 5 years ago for 220GBP. It is still worth the same today. I bought an apartment in melbourne 5 years ago for 220GBP (like for like) and sold it recently for 660GBP (Todays value). So thats...

The floods in queensland are so sad to see but this goes to show how Australia is completely oblivious to what is going on around the rest of the world. There are currently floods in Brasil where 250 people have died!!!!!! Why the hell is this not being reported as well?!?! Australia just seems...

I rented here for 12 months. Its much cooler than in other cbd/southbank areas which is great in the summer, but not very nice in the winter. It seems much quieter and more peaceful than southbank but just feels a little 'empty' in places. I rented in the nolan. great views. but be careful in...

Just wondered why you feel so strongly that i shoudn't buy off the plan? I'm leaning that against buying off plan anyway, but always interested to hear peoples reasons against it (esp after having heard my budget and needs). I will consider you're advice on north melbourne as well. I'd like...