tonyjj01 replied to the topic First time commercial property investor in the forum Commercial Property 16 years, 8 months ago
doogs1357 wrote:
No problems. If you've got a tenant in place my advice would be: – Maintain communication regularly and make sure the air-conditioning is working properly. You'd be surprised, but this is the biggest complaint we get from sitting tenants. A tenant isn't going to move just because the air-con doesn't work well. But it will make…[Read more]tonyjj01 replied to the topic First time commercial property investor in the forum Commercial Property 16 years, 8 months ago
doogs1357 wrote:
Hi Guys, I'm a commercial property sales and leasing agent in Sydney. I've been doing it for around 8 years and I'd like to share some insights for those that are interested: – Investors with property valued between $300k and $3mil rarely do well with industrial or commecial (office) investments in my markets. – Property can…[Read more]tonyjj01 replied to the topic First time commercial property investor in the forum Commercial Property 16 years, 10 months ago
kum yin lau wrote:
Hi, my experience with lenders is such that I can probably write a book about how the banks decided that I didn't have the means to repay.I take whatever loans I can get. Sounds like a broken record. When RESI said I qualified for a 500000 loan in 2000, I asked when do I get it, where do I sign? Remember back then, that was a…[Read more]tonyjj01 replied to the topic Chartered Accountant vs Certified Public Accountan in the forum Legal & Accounting 16 years, 10 months ago
Hi can anyone recommend a good financial adviser and accountantin the Sydney area? i don't wanna spend a huge amount but I'm willing to compromise. thanks…
tonyjj01 replied to the topic First time commercial property investor in the forum Commercial Property 16 years, 10 months ago
crj wrote:
Another aspect to consider is some lenders want principal and interest repaid over say 10 years. This can have a detrimental impact on your cashflowI'm filling out paperwork for the loan as we speak. repayments will be more then rental return, but i have another pos cash flow property to cover the difference. you know any lenders…[Read more]
tonyjj01 replied to the topic First time commercial property investor in the forum Commercial Property 16 years, 10 months ago
thanks mate
tonyjj01 replied to the topic First time commercial property investor in the forum Commercial Property 16 years, 10 months ago
kum yin lau wrote:
Hi, tell me when you find a commercial property with good leases selling @ 9% net yield. I'll pay you finders' fee.KYHi KY, how are you i just wanna advice of something i have found, your opinion would be appreciated. commercial property in Sydney city area asking price of about $300, 000 and rental lease dues to end this…[Read more]



