To become a serious Commercial Property Investor, you really do need to have your own overall Investment Strategy.
You can start with 8 key Investment Objectives; and then adopt 12 proven Buying Criteria. By doing this, it will help you ensure you have a sound base for building your wealth with Commercial property.
Of course, there is a whole lot more you absorb — which is probably the reason you’re here at the moment.
Therefore, make sure you stay up to date with the latest in what’s happening in the general market place.
During a recent Master Class on Negotiating for a group of clients, we covered a number of Dos and Don’ts when it comes to putting a deal together.
Anyway, here are the 5 mistakes you really need to avoid!
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This is how THE AGE (on 9 July) described a recent purchase, which I successfully put together for one of my interstate clients.
Negotiating from a $7.2 million reserve, down to a $6.4 million contract price … resulted in a saving of nearly $1 million.
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Finding good Investment Property under $1 million and close to the City … is becoming more and more difficult.
But I think I’ve come up with something worthwhile for you.
For the past few months, I have kept in touch with the Developers for a top site in Richmond, near Victoria Street.
And with construction for this Busness Park now just started, they’re allowing me to give my Clients an early shot a buying these Units.
The key thing for you is to have cash flow from “day one” — and I’ve managed to get that covered for you.
Thank you for all your feedback and numerous requests about the “17 Questions” — both via your blog comments and personal emails.
Anyway, you obviously wanted some more details on all of this … so I’ve put together a short eBook to summarize the Answers to those questions you need to pose to your Property Managers.
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When it comes to the Investment property you own, you need to feel confident in your Property Managers — knowing that they are acting in your best interests.
The other day, I set down for you a few thoughts on just what you should be expecting from your Property Manager.
Anyway, here are 17 probing questions to help you gauge whether or not your Property Managers are well organized, competent and providing you with the level of service you need … as a serious Property Investor.
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The challenge in the last Mind Bender was to calculate the value of “X” in the following equation …
This time, there were a number of people who came up with the correct answer: Ron Drewitz, Daniel Hayden, Dominic Gatling, John Murphy, Margaret, Elka Melman, Tracey Bryan, Matt, Geoff and Vince Psaradakis.
So, well done to you all.
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Over the years, people have often asked me exactly what their property manager should be doing for them. And as you will appreciate, everyone’s expectations will differ.
However, once you have acquired your Commercial investment, your Property Manager should (as a minimum) be striving to ensure that:Last Saturday, The Age ran a good editorial for the Auction this coming Friday of 371 Thompsons Road, North Geelong.
The property has strategic development potential. And the dedicated website sets out 3 Development Options in some detail.
Let’s know if you need any more details.
The special half-off sale for my Property Workshop DVD ends at midnight tonight.
And giving you special access to the 9-Step Investment Formula is simply my way of saying ‘THANK-YOU’ for reading my blog.
If you haven’t already done so, you can claim your copy now … along with the 3 Bonuses — before this special half-off sale ends at midnight TONIGHT.
Yesterday, I sent an email out about a special deal you can obtain on my Property Workshop — purely as my way of saying “THANK-YOU” for reading my blog.
Until midnight this Thursday, you can get the entire 5-hour DVD for HALF OFF.
So, why not grab yourself a copy?
And despite this being special half-off sale … you’ll still receive the THREE Bonuses that normally come with the DVD as well.
