There are a couple of questions on the minds of Commercial Property Investors at the moment.
And they go something like this.
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There are a couple of questions on the minds of Commercial Property Investors at the moment.
And they go something like this.
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Because … the Vendor is rather keen to wrap this up, over the next week to 10 days.
Last Friday, the Rouse Street auction ended up being passed in on a “Vendor bid” for $975,000.
The current net rental is $65,500 per annum. And, in the current climate, the Vendor is now extremely realistic on price.
Have a quick look at the property, if you haven’t done so already. And then, give me a call on 0425 791 254.
Last week, we had a little hiccup with the “advance notice” email I sent out to you. And again, my apologies for that.
So far, we have had some good interest in this Port Melbourne property — however, a few people did have a little difficulty, while trying to access some of the legal documents.
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THIS IS how The Age (on 9 July) described this recent purchase, which I successfully negotiated for one of my interstate clients.
Managing to reduce a $7.2 million reserve price down to a final figure of $6.4 million … resulted in a saving of almost $1 million.
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With all that has occurred recently as a result of the American Sub-Prime crisis … Property Investors are finding it hard to gauge the current market.
Some are preferring to “sit and wait”. Whereas, others are seeing it as an opportunity to secure a good deal … while the present confusion reigns.
The Prime Minister’s “freezing” of parliamentary salaries is a clear endorsement of RBA Governor Stevens’ warning to curb our spending.
Last week, I mentioned the impact this could have on retail turnover — with a flow-on effect for growth in rental and sale prices for the Retail sector.
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Yesterday’s interest rate increase by The Reserve Bank carries with it some hardship for the outer residential suburbs around Australia.
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Curbing inflation is clearly the RBA’s main aim. And from their additional comments yesterday, we now have confirmation that Australia is effectively seen as being shielded from the turmoil in the US.
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You probably saw that the “Full House” notice went up yesterday for the Property Workshop.
But there is provision for you to go onto a Wait List, if you missed out on reserving your seat — because, invariably a few people will drop out between now and March.
PLUS, if you do put yourself on the Wait List BEFORE the end of January … I will still honour the early-bird rate of $797 for a seat.
However, if you wait-list yourself AFTER 30 January … then unfortunately, it will have to be at the full rate of $1,100.
So, make sure you don’t miss out for a second time.
Well, here’s some good news on the next Property Workshop!
Following a barrage of emails from those of you who took off the week before Christmas … you will see that the early-bird registration has been extended until the end of January.
However, I suspect the “Full House” sign will be going up before then. Therefore, if you haven’t already reserved your seat … make your decision now — rather than miss out.
Looking forward to seeing you there.
Chris
I was just checking through the enrolments for the Workshop so far … and it seems that the interstate people are currently outnumbering those from Melbourne … by about 3:1
Last time, local and interstate enrolments were more or less balanced … so let’s try and even that up.
Make sure you enrol now, to secure your pre-Christmas discount.
What you’ll learn at the Workshop …
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Details are now up for you to read and enrol.
If you do come along … I promise it will completely transform the way you invest in Commercial property.
Last time … sadly, I had to turn a number of people away. However, those who did manage to secure a seat were truly stunned by some of the bold new ideas we covered — as part of the breakthrough 9-Step Formula.
Key issues like …
* Structuring your Finance to “beat the Bank”, and …
* Negotiating & Marketing techniques to make sure you leave NOTHING on the table!
To capture these same insights and enhance your own investment success … why not find out more about this Property Workshop?
Hopefully, you will quickly realise that I'm NOT here to simply "push my own barrow".
Rather, everything here has been put together to provide you (as a serious Investor) with the very best insights into what you need to know ... in order for you to succeed with your Commercial property investing.
You see, the deeper your access is to all the key information and the more expert opinions you can learn from ... the more likely your ultimate financial success will be.
That said, you will discover everything you need right here – both readily available, and all in one place.
All the very best ... Chris.
Are you in the process of planning your next Annual Conference?
Or maybe you have in mind one or more Training Workshops, for different parts of your team?
Either way, if you're looking for someone to help train you or your team on ... Commercial Property, Creative Marketing, Goal Setting or Negotiating ... Chris Lang can certainly fill that role for you.
Take a look at this short Video which will give you an idea as to the sort of training that's available.
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