Insider Tips to Help You Discover How to Succeed with Commercial Property
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IN HIS BOOK Rich Dad Poor Dad, Richard Kiyosaki tells us: “You must know the difference between an asset and liability, and buy assets.”
Because “assets put money in your pocket.” Whereas, liabilities continually take money out of your pocket.
On that basis, you quickly realise your family home is therefore considered a liability — rather than an asset, or an investment. [Read more…]
SINCE THE Superannuation Industry Supervision Act was amended in 2007 to allow superannuation funds to borrow against property, Self-Managed Super Funds have become a popular vehicle for investing in property — in particular, for self-employed borrowers or those in transition to retirement phase.
However, the loan products associated with this type of lending can be onerous and restrictive and this makes this form of lending far from preferable for many borrowers. [Read more…]
MOST PROPERTY investors also run their own business. And as such, you realise there are significant costs involved in starting any new venture.
There are expenses for equipment, stock, insurance, staff overheads and (if you don’t own the building) funds required to cover rent.
Whether you own or rent the building, there may also be costs involved in fitting out the new space to make it appropriate to open the doors for business. [Read more…]
WHILE THE WORLD may be stunned by Donald Trump’s win, you’ll most likely find things will not be nearly as bad as everyone thinks.
And that’s reflected in the huge rebound in the stock market — once investors began studying his policies in more depth.
In many respects, the media is responsible for the outcome — because so much airplay was given to his outlandish rhetoric. [Read more…]
IT’S EASY FOR business people, like pharmacists, to get so caught up in their day-to-day schedule … that they don’t stop to think about what tax deductions they could be claiming. [Read more…]
A FEW WEEKS AGO, I gave you an overview of the CBD Office scene around Australia. And that explained there was a 2-speed market between Sydney & Melbourne, and the other capital-city CBDs.
Now the Property Council of Australia has come out with its latest Office Market Report — as of June 2016.
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.
