Hi thecrest,Glad to hear you're happy with your motel purchase in Wagga was it?  I posted last year about a few leaseholds we'd been sniffing around, still haven't made a purchase but we're in a better position to buy now if the right business comes up, as we've sold a residential investment property for a tidy profit, getting us out of debt with…[Read more]

Thanks thecrest,We haven't asked for detailed figures, we're not really at the stage of being about to get serious about making offers yet; we're just doing some background/preparation work.  I figure it'll be the end of the year before we can get serious, but hey, you can never start learning too early, right?I can tell you the figures the fr…[Read more]

Hi thecrest,Judging from your previous posts, you're the "go-to" guy about motel investment questions.  My wife and I are considering going into business and we've been comparing motel leaseholds to other businesses.  My parents have been successful motel lessees and also motel developers so we've also been gleaning info from them about the in…[Read more]