Scott No Mates replied to the topic Seeking Business Partner – Real Estate – Property Management! in the forum Help Needed! 3 years, 11 months ago
?? Any clues?
@rocky, obviously smsf has its advantages especially if you’re close to retirement or can access via transition to retirement. Its one way of keeping access to higher returns in a long retirement paying low tax. Issues may arise in later years when you’re subject to larger compulsory drawings and you may need to sell.
Tax and legal advice should…[Read more]
Scott No Mates replied to the topic Looking for a surveyor to build a carport in Brisbane in the forum Value Adding 4 years ago
Why do you think you need a surveyor to lodge a BA?
Council can order the demolition of the structure.
In some cases a net lease will require contributions to repairs and maintenance but in all cases excluding replacement, structural repair or upgrades. Eg. Repairs to leaking fittings, air conditioning service etc.
Scott No Mates replied to the topic Commercial property Lawyers and Accountants – Brisbane/Gold Coast in the forum Commercial Property 4 years ago
What’s the scope for the solicitor? New lease, handling the purchase or review the lease?
– Parking issues
– If It’s owned by council, they don’t have to pay for fencing in some states
– noise, check operating hours and their DA. You don’t/may not want boot camp at 600am Sunday mornings
– the lovely smell of chlorine or heating gas
Generally REITs trade at a discount to net tangible assets.
Cashflow is pretty stable.
You’ll need to understand the tenancy profile to determine whether there are any significant expiries which may impact on returns.
Are there quality tenants in the mix?
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