Total Members: 158,199

Bobbs

  • Bobbs replied to the topic Help in the forum Help Needed! 10 years, 11 months ago

    Hi Ropati,
    My views:
    Where are you thinking of investing – and for what purpose – this is the key in deciding which course of action to take
    Other questions like:
    Capital Growth or Cash flow?
    What equity would you have for investment?
    Serviceability?
    Congrats for taking the first step and good luck with your journey!

  • Bobbs replied to the topic Motel Investment in the forum Commercial Property 12 years, 6 months ago

    Hi thecrestSorry have been tied up elsewhere lately…With Investment Motels, if a Motel refurbishment is not up to the standard required by the brand, who is responsible for spending the refurb money, the tenant or the landlord?I had the impression that as it was in the tenants interest more for the business, it would be the tenant. Am i correct…[Read more]

  • Bobbs replied to the topic Motel Investment in the forum Commercial Property 12 years, 7 months ago

    thecrest, By the way I have PMed you, Pls let me know if you have not recd itThxCheersBobbs

  • Bobbs replied to the topic Motel Investment in the forum Commercial Property 12 years, 7 months ago

    Hi thecrest,Totally Agree with your BANK comments, unfortunately cant live without them!My motel site is in Wentworthville SydneyDo you know the area?The nearest competitor is Formula1 about 1.5ks down the road on the Great Western Highway.CheersBobbs

  • Bobbs replied to the topic Motel Investment in the forum Commercial Property 12 years, 7 months ago

    Hi thecrest,
    Pls educate me on how to PM you….
    Re the Motel, it is exciting however banks are extremely conservative at the moment & so are valuers, so it is a double whammy. Plus the QS professionals put a high figure on construction cost, which makes it challenging to justify project viability to the bank.
    LVRs are becoming more conservative…[Read more]

  • Bobbs replied to the topic Motel Investment in the forum Commercial Property 12 years, 7 months ago

    Hi Thecrest,I have been reading your posts on Motels incl Investment which vastly interests me as I have been actively looking for this for a while now.  Could I begin by saying your posts have been very informative & I have been lucky to come across your insights in the Motel world .  I am also in the process of developing & building a motel at t…[Read more]

Bobbs

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