Insider Tips to Help You Discover How to Succeed with Commercial Property
JUST WHAT the Doctor ordered — a healthy deduction!
Did you know that Doctors can save thousands of dollars each year by claiming property depreciation? Let’s provide a quick recap on things.
As a building gets older and items within it wear out, they consequently depreciate in value. [Read more…]
MANY MARRIAGES END in divorce and the many members of Australia’s self managed superannuation funds (SMSFs) are not immune to this heartache.
As there are more than 1 million SMSF members nationwide, it should come as no surprise that the assets of an SMSF are often the next big ticket item after the marital home in any family law settlement.
Good outcomes can be generated for both parties with a little communication and compromise.
Let’s work through a case study using a Commercial property held within an SMSF and tenanted by the associated business of one of the SMSF beneficiaries. [Read more…]
.
COMMERCIAL PROPERTIES are mainly seen as a longer-term (at least 3-year) investment. And you tend to buy them for their regular, high yields; as well as for some good capital growth over time.
Even so, an investor with a little knowledge and experience can easily find properties able to be “upgraded” and then, on-sold for a quick gain.
Typically, this would involve you in improving the income stream from your property; and perhaps the security of that income. Both of which would result in a boost to the property’s overall appeal AND value.
Your Options for a Fast Turnaround [Read more…]
.
FOR SOME INVESTORS, the question is: “Where do I start?” And that’s a reasonable question — when buying Commercial property is not your mainstream activity.
So, let’s quickly dissect the process … [Read more…]
LANDLORDS WHO PROVIDE lease incentives to tenants (including fitout contributions, rent free periods and rent abatement periods) often attempt to secure themselves by requiring tenants to repay the incentives.
They usually request this in the event the lease is terminated due to the tenant’s default. [Read more…]
COMMERCIAL PROPERTY owners often require vehicles for use in the day-to-day operation of their business. And like other assets contained within a commercial property, vehicles can be depreciated and claimed as a deductible expense.
The Australian Taxation Office (ATO) lists most deductions available for motor vehicles under Table B of the 2014/4 Tax Ruling. [Read more…]
.
LATE LAST YEAR, Tenders were called for this Hardware Lane property — which closed just before Christmas.
Over the holiday break, negotiations progressed with two parties … without actually concluding a deal.
However, in the process, the Vendor has significantly reduce the price at which he is now prepared to sell. [Read more…]
WHEN PURCHASING A COMMERCIAL PROPERTY, the valuation is a key element in the financing process and in providing the buyer with comfort in their purchase price.
For the wise investor, it is important to have some understanding of how valuations are conducted.
Doing so will establish confidence that the valuation will not pose an issue with finance and also act as a basic tool, to verify a purchase price or estimate asset value for existing properties. [Read more…]
.
AS A COMMERCIAL PROPERTY investor it’s important for you to keep tabs all the separate markets around Australia.
To help with that, a recent market update by Credit Suisse places in Sydney and Melbourne CBD Offices as the best performers over the next three years.
However, Brisbane and Perth are expected to deteriorate further from where they are at present. [Read more…]
AS THE NEW YEAR BEGINS, many commercial property owners might be formulating their annual New Year’s resolutions.
Commercial property owners often think about the ways they can reduce the costs of owning their property and running their business. However, when they do so, the deductions they can claim via depreciation are not always top of their list.
Many commercial property owners still do not maximise the depreciation deductions available from their Commercial properties. [Read more…]
AS YOU PROBABLY realise, this is not quite as simple as it may seem. And yet, all you need to do is follow some clearly defined procedures. [Read more…]
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.
