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  1. Marty McDonald

    Rent roll finance

    A decent sized rent roll managed ok is worth more than a loan book IMO because 1) there is a good chance of picking up the listings on sales. 2) income is more sticky than the loan book 3) income increases over time as rents increase. Opposite is true for loan books which left unmanaged would...
  2. Marty McDonald

    Rent roll finance

    Update......we got close to sendng this to bankwest but in the end it wasn't quite within their guidlines and thankfully for my friend macbank came back to the party (with a bit of input on how to sell it to them from me. This involved changing the deal to two contracts, one for the rent roll...
  3. Marty McDonald

    Rent roll finance

    Hi all, Thanks for your resposnes. I am in discussions with bankwest and ANZ and waiting on the client to get me the actual figures. Bankwest are saying they will do 60% and ANZ 50% of rent roll valuation. Westpac require additional property as security from what I have read. Client is...
  4. Marty McDonald

    Rent roll finance

    Hi fellow ss brokers, Anyone done a rent roll deal with rent roll as sole security lately? I have a friend who runs a strata management business with an existing rent roll who is looking to buy another rent roll and associated Ray white franchise. I know mac bank are big in this space but...
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