Just purchased 75 polar bear caves in Antarctica.
How much are they renting for?
Boy i’d hate to be the property manager chasing up the rent from those nasty bears.. heheIs this post for real?
Yields in excess of 32%. Completely positively geared. Tenants actually pay you in fish.
Tough Deal,
Wow, that’s fantastic. I need to get me some of that action. Where can I send the blank cheque?? [biggrin]
Guys if you want a piece of this I recommend you act fast. Deals that good just don’t last. There is the risk that they’re very seasonal though. How long have you rented for and do you get solid long term tennancy year round?
32% though, that’s great. Is that fish on fish though, maybe my cheque won’t cut it with the vendor…
Cheers,
Michael [biggrin]So, if you make improvements to the cave, air-con perhaps, what increase in rent do you ask for? Sardines or Tuna?
This sounds a bit weired, but on a serious note, do you actually get the fish delivered to you or what? Do you have to market them? I’m not knocking your strategy – you could be on to something, but could you please let us know a bit more – what sort of price? where did you come across this sort of thing?
Age doesn’t negate effort – you can never be too young or too old.
seals actually
The bears seem to be very reliable rent payers
… I am beginning to think this is some kind of joke – Tough Deal – I think you should give us a bit more information. Have any of the moderators seen this topic???
Age doesn’t negate effort – you can never be too young or too old.
Are those the fish that John West rejects?
LandtSpanky,
Don’t know what you’re on about, it sounds straight up to me.
I’ve got a plan, whataya think?
I haven’t borrowed that sort of capital before so will need to go low doc/no doc to the seals. They might put up some tuna if I go mortgage insurance.
I then take my tuna to the bears and put it up for purchase at a very reasonble price. I’m thinking wrap here. So, if I now find another bunch of bears who are a bit hard up I can flog it to them for a few bonus tuna and make a spread each month that will literally feed my family.
Little risk the way I see it. I’d need a subject to clause in the purchase contract in case I can’t find those hard up bears, otherwise I’m sitting pretty.
And if the bears default on their vendor finance repayments I can always sick the seals on them.
Whataya reckon?
Michael.He he. It seems ironic that THIS post is the one that tips my quota in to “Established Forum Contributor” territory don’t you think…
But if the seals are the bankers you would require a seal of approval! Sorry
beary good guys!
Tam
Polar bears don’t live in the Antarctic…
Originally posted by Scremin:Polar bears don’t live in the Antarctic…
Scremin,
Never let the facts stand in the way of a good deal! LOL
If the bear tenants are tourists from down south, how many vacancies do you expect?
I would hate to be interviewing a lot of new bear tenants as I don’t know the lingo too well.
It would be hard to bear, if you couldn’t seal a long term tenant.
Live, Learn and GrowLifexperience
Do bears sh– on the ice?
[biggrin]Originally posted by lifeX:If the bear tenants are tourists from down south, how many vacancies do you expect?
How can you get further south than the Antartic. Wouldn’t you then head North??
Live, Learn and GrowLifexperience
markk
Happy Hunting
http://www.kentscollections.com…….yeah, ok wise guy………..
…Everybody knows that the only way to travel, if you are a polar bear is with “The Down South travel company” …..
At the north pole, there is only one way to go baby………….Down South.
[baaa]
{backpaddles furiosly up stream)
[suave]
Live, Learn and GrowLifexperience
Do these caves have parking spots included or can I buy them seperately ? The Bearina’s have to be parked somewhere.
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