Insider Tips to Help You Discover How to Succeed with Commercial Property
The Weekend Financial Review ran several articles, which seemed to echo many of the sentiments contained in my last blog about the Capital City Markets — but perhaps putting things a little more bluntly.
h3. Brisbane
Mark Ludlow (on page 2) referred to Queensland as having moved from “boom state to gloom state” — because of its heavy reliance on resources. [Read more…]
The challenge in the last Mind Bender was to calculate the value of “X” in the following equation …
p=. 
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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Well, this Mind Bender stumped all but one person — Daniel Hayden. So, well done!
Remember … you had to balance 12 nails on top of a single nail, hammered into a block of wood.
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Most people managed to get it right … well, nearly.
A few of you thought it might be a pen — but the minute or two “recovery time” refers to a quick sharpening of a Pencil, after the fall. Whereas a pen (or Biro) may actually fail to work again.
Anyway, it was good to see so many respond this time. And I’ll have a new hands-on Bender in January — to get the whole family involved.
My apologies for not providing you with the solution before now. However, the past few weeks have been rather hectic.
You needed to sit back and think on this Mind Bender.
This time, there were a number of people able to “engineer” a 9-minute period for this Hourglass problem.
However, only a few of you managed to capture the spirit of finding the most elegant solution. Well done!
Start by turning both hourglasses over together.
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Last month only two people managed to come up with the correct solution, as well as the reason why. Therefore, I held back their postings until now.
The answer is that you should certainly take the odds of 30:1 on offer — because your chances of winning the wager are considerably better than that.
Anyway, for those of you still puzzling over the chances of two people having their birthday on the same day in the year, in a room of 23 unrelated people … here’s how you work it out.
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As you could see from the various responses posted for this Mind Bender … there is clearly more than one way to share the Wine Barrels between the three brothers.
However, the challenge this time was to come up with the solution that was the most elegant in its simplicity.
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The responses to this month’s Mind Bender were really quite interesting. And some of them stemmed from making an assumption based upon social bias.
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It’s not quite the end of the month, but those of you wanting to put forward a solution seem to have done so by now. And I deliberately held off posting your proposed answers — so that everyone could submit without any distraction.
But all your answers are up there now.
In posing the Mind Bender for June, I suggested that you need to quickly choose between an Intuitive or Deliberate thinking, in your approach to finding a solution.
Intuitively, you immediately think that, by adding just 2 metres to the length of the rope around the Earth … the gap would be extremely small. It may be large enough to slip a coin under; but certainly not large enough for you to crawl under.
But the solution to this Bender is found by using Deliberate thinking.
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The idea of introducing these monthly challenges was to help you to stretch your thinking. But sadly, some people are simply using Google to discover the solutions.
This month, the challenge was to come up with the common words that contained five consecutive Vowels and Consonants.
The emphasis being on “consecutive” and “common” …
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WITH EVERY NEGOTIATION, you always need to be thinking on your feet. And here are several simple Tips to help you do just that.
WHEN YOU EMBARK on your journey as a property investor, it can be overwhelming – with a flood of information and diverse opinions. To help simplify the process, here are five essential tips for new (and seasoned) investors.
IT DOES NOT MATTER whether you’re an investor or an owner-occupier, there are several important factors to consider when purchasing a commercial property to ensure you make the right choice.
In a previous article, I shared a handy App to assist you in shortlisting potential properties. If you haven’t already downloaded it, simply click on the HiReturn Filter over on the right, to install it on your tablet or mobile device.
THERE IS A BELIEF among many experts that a surge in the stock market typically precedes a recovery in the commercial property market by about six months. And the start of this year saw equity markets gaining some momentum.
I HAVE BEEN ASKED countless times about the secrets to a successful negotiation. And I want to share with you the key elements to help make your negotiations effective.
But first, just watch this short video to gain a quick understanding of these three essential elements that form the foundation of every negotiation.
If you’re new to investing, you might be wondering if it’s possible to manage your own commercial property. The short answer is “yes”, but only if you know what you’re doing.
It’s important to note that owning a commercial property comes with certain legal responsibilities, particularly when it comes to compliance with Essential Services requirements under current Building Regulations.
The current trends in the business have made it clear that office landlords have to cater to the needs and preferences of their tenants. Building owners and managers (who understand and meet these demands) will be able to command higher rents and reduce vacancy rates.
To expand on this, here are four key tips to help attract quality tenants.
