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Amending the ad won't put it back up the top. Even if you take it off and put it back online generally their systems will pick up on it and put it back to where it should be.

I believe that the concept of introducing going concern was to encourage investors to buy. If you buy a leased investment (or partially leased, with the remainder marketed for lease) and intend on keeping it as an investment then it is a going concern. If the tenant is issued notice to vacate...

Being at the top of search results will get more views, which gives a higher percentage of getting more enquiries, which leads to more inspections and therefore offers. What's the property worth and how much is the ad? If there's only 1 page of results in that suburb then it's probably not...

Tony Cunningham from Cunningham Custom Homes builds some amazing homes. He is a lovely guy and very trustworthy.

Thanks for the suggestions thus far - keep them coming!!

Hi all, I specialise in the Sales & Leasing of Industrial property throughout Western Sydney and often get asked to recommend some good operators that fall under the following categories: - Racking consultant - Fit out consultant - Logistics consultant - Commercial mortgage broker -...

Ultimately the role of an agent is to represent their client to get them the best result, without lying/deceiving their client or purchasers. Unfortunately this is not always the case as agents sometimes chase the quick fee at the expense of their reputation. Thankfully, many of these hustlers...

$1.81M PP + $700k reno = $2.51M. At $290/week x 25, that's $377,000 pa. 15% gross return before tax.

$1.81M total. RPData shows both transactions as MULTIPLE, which means they paid $1.81M for multiple properties - this is quite common on RPData.

Datto, I believe the methadone clinic has already relocated. Vacancy rates in St Marys Commercial are exorbitant and we don't envisage this will change over night. Queen St will not be able to compete with the likes of Westfield Penrith and Mt Druitt where customers can park undercover...

Wobbly, As suggested, CBRE, Colliers, JLL, KF release some great market reports, although it is mostly pertinent to the higher grade properties. Attending auctions to see what yields properties in your local area are selling for would also be a handy tool, as would speaking to local...

Hi mate, Looks like you have a good grasp of the basic concepts of CIPs. Some pieces of advice from my experience which may help your decision making: 1) Commercial property is harder to fund (lower LVR = less leverage = lower ability to build wealth). For eg if you had $400k cash, you...

It's funny; I see a lot of people who blindly chase high yields, regardless of the potential of the property. I bet if they look back in 10 years time they would be shocked at how well their portfolio could have performed if they had made the right choice.

Warren Buffet has been quoted saying: Do you agree that this applies to property? Would you rather buy a property with great prospects at a fair price, or an average property at a great price? For me, a 'wonderful' property will, over time, pay dividends far exceeding the savings made on...

Net rent = gross rent less council rates, water rates, PM fees, land tax, building insurance etc. Capitalisation rate is net rent/sale price. eg if it brings in $120k pa gross and there are $20k in outgoings then your net rent is $100k. If the asking price is $1M, then: $100k/$1M = 10%...

It will depend on the property, the method of which it is being offered for sale and what marketing is being done and who is paying for this. Generally, anything under $1M is 2.5-3.0% + GST, anything over $1M is generally 2.5% but in some cases you might get them down to 2%. 0.5% of $2M is only...

No problems, happy to provide general advice as I don't want to see you get caught buying something which will give you nightmares. 1) I don't know any well, but there are some out there. Not sure what they charge either, but maybe worth looking into. 2) Commercial rents certainly can be a...

China, I hope you are well. I would like to voice some concerns/feedback on what I have read from you in this thread and in others: - Firstly, you need to be talking to a mortgage broker. You are trying to purchase property but it appears as though you do not understand how you will fund it...

Rob, Rolf Latham from this forum is a great broker, and there are others on the forum as well. I can recommend a great solicitor in Penrith who helps a lot of my clients with large portfolios. His prices are very reasonable as well. PM me if you're in the area and would like his details...