I found this guide and bought it . It is basic but useful to tenants I think. Just don't tell em its available !! It has some killer lease clauses in it
http://www.downhilldownunder.com/lease-negotiations.html
smells like scam/spam - reported
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
I found this guide and bought it . It is basic but useful to tenants I think. Just don't tell em its available !! It has some killer lease clauses in it
http://www.downhilldownunder.com/lease-negotiations.html
it seems the perceived risk with commercial more than compensates with the real-life rewards
I used to be scared witless of commercial property.
Everything that I read initially, especially from Noel Whittaker and Jan Somers said exactly that and for many years I believed it all, without question and without any experience myself. The ol' fear factor was firmly planted.
It took years of hesitation (about 4) before finally dipping my toe in the water. What a wasted 4 years.
Walking looks pretty risky also when you're able to safely crawl around. There are painful stumbles when first learning to walk....but once up and running, you'd never go back to draggin' your sorry @$$ around the place on all fours.
Any suggestions for which type of CIP to invest in first? office? shop?
Hi Aaron,
Good question cos it does get a bit daunting.
I'm a big believer in matching your investment property choice to your personality...
If you're a bit rough around the edges, then perhaps industrial might be the go.
If you like dealing with pristine clean and people in Armani suits, then perhaps a CBD office suite might be better.
If you are a shopaholic and know malls back to front, perhaps a retail outlet might suit well.
If you're a tradie, perhaps a rundown vacant warehouse screaming out for a make-over might be best.
We chose industrial to start with (strata in a nice newish complex with a Tenant just recently installed on a fresh 10 year Lease) because we knew nothing and wanted everything done for us so we could learn the ropes slowly.
We quickly learnt the ropes and dove headlong into a couple of rusty sheds on a nice big development block. That has shown far superior capital growth and rental growth over our first purchase....but you need to learn how to walk before you can run.
Throw in a few office suites and a few retail shops into the mix and before you know it, the portfolio starts to balance itself up so you have good coverage across all sectors....
Then you can start getting brave and pick and choose. There is so much variety out there, the choices are endless.
Hi Aaron,
I'm a big believer in matching your investment property choice to your personality...
.
I'll start looking for a hair salon and get back to you.
That joke between us is coming up to being 25 years old.....we're getting to be old men !!