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We purchased a PPOR around 16 years ago and the Vendor also owned three vacant blocks of land behind the PPOR. Circa 2 years later we were in a position to purchase these blocks from him (in personal names), mainly to maintain privacy and prevent them being populated with giant McMansions...

Interesting auction taking place online in NO at the moment. Around 3,000 tax adjudicated (unpaid taxes, no one bought the tax lien) properties are being auctioned. http://www.nola.com/politics/index.ssf/2015/02/new_orleans_to_sell_3000_tax-a.html Link to properties...

This may be slightly out of left field but thought it was worth a shot. A couple of years ago I started studying law (LLB) part time. This arose out of an interest in the law itself, some family experiences and a good use of my spare time. I'm now around half way through the law component...

A friend is in the terrible situation where their business got crunched during the GFC. They got behind in everything, re-jigged the business and were growing strongly and climbing back out of the hole. They obviously were behind on their commercial mortgage and catching up week by week with...

Does anyone know what the current 5 year fixed rate Interest Only, is for commercial loans with BankWest? I've tried the website which only lists variable, and the phone contact can only pass your details on to a lender. Cheers Nick

A pub in my area has had the lease run out and the Freehold owner has declined to extend the lease and is selling the Freehold/Leasehold combined by EOI. They have also declined an offer from the Leaseholder to purchase the Freehold. In pub leases you basically purchase everything except...

We have 3 blocks of land (side by side) which form a rough square. The blocks are all approx 16m wide by 45m deep. The blocks are currently used for security on a commercial building. A high density development wouldn't sell and most likely wouldn't pass council. The blocks cost a total...

I haven't seen a lot of discussion about Hotels or Pubs as commercial investments apart from mentions about how some of the large listed groups have been hurt by buying high and diminishing returns. I purchased a leasehold (the business) in 2005 in a city of around 100,000 people and at the...

An interesting tidbit regarrding Mall development in SE QLD from todays Crikey

I’m interested in everyone’s opinion or suggestion as to what I should do with a property I own (purchased for 120k). I’ve added a rough schematic so you can see what the land content looks like. As you can see there is a lot of vacant land. The land as it stands is sufficient for four...

I'm interested in hearing if others have had similar experiences, or suggestions on how to handle a current situation. With two partners, I purchased 3 blocks of land in a new estate in mid-2003 and we settled in around Nov/Dec 2003 from memory. Fast forward to 2005 and as we looked to sell...

I thought I'd post this (potential) deal for dissection. There is a 3 bed cottage style house (circa 1940) (See photos) that sits on a significant parcel of land of around 2300sqm (one title)- there is a layout on the Excel s/sheet attached. The house is quite pretty and currently tenanted...

Interested whether anyone has experience in this area, before I talk to my solicitor. Own several properties, including blocks of land that are being developed, jointly with friend. Said friend is about to go overseas for a year which makes sales difficult. My first thought is to get ltd...

Hi all, Interested in suggestions regarding raising approx $4M to facilitate purchase parcel of land and subdivide. The catch is would prefer to capitalise interest for 12-14 months max and then pay out. Not concerned about high interest rates either. Thanks Hulkster