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  1. BayView

    is this real?

    I'll send a PM to you Witzl with some info. The business is not just tyres by the way; it's about 50% mechanical repairs and servicing, and we sell batteries as well. The beauty of the mechanical and batteries as well as the tyres is they provide other income streams, and we pick up new...
  2. BayView

    is this real?

    Thanks. Not sure what the plan is really. Our next assignment is to get the new PPoR built, and then do another re-value. I'm torn between doing another IP purchase or another business. My feelings are now towards buying a business in the next level up ($1 mill+) for the instant...
  3. BayView

    is this real?

    Yes, that was the point of the whole post - to encourage the ones who have only one foot on the ladder. It all seems daunting and maybe not possible, but I tell ya; it bloody well is. And you don't need to be smart to do it. But you need to do it. My mind boggles sometimes; I was thinking...
  4. BayView

    is this real?

    I probably should have been a bit clearer on the compound part of the cap growth WW. My mind was in gear but the typing wasn't. Whilst our result on these two properties was terrific, I was actually referring to the overall growth our our propererties since beginning. If someone had have told...
  5. BayView

    is this real?

    As you all know; I'm always pro-property. Well, how's this kiddies; Last year (about July) when we bought the workshop business, we had to get our whole financial position re-evaluated. The Banks came in and got everything valued, financial statements - the whole deal...
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