Insider Tips to Help You Discover How to Succeed with Commercial Property
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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While this equation may initially look a little foreboding … it actually only requires a very basic knowledge of algebra.
However, it may prove to be a test of logic — to uncover what is a rather simple solution.
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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With the summer holidays and Easter being so close together this year … I decided to hold back on the Mind Benders till now.
Here’s one I came across, which is a fantastic lateral thinking puzzle and a great team builder with your family or work colleagues.
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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.
Here’s the specification for probably the most incredibly sophisticated planning & communications tool yet invented …
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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.
The way things are shaping up, there could be a record number competing in this year’s Australian Open — some 803 players in all.
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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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You have just discovered your watch has broken, and that you only have two Hour Glasses in the house …
> one to measure 4 minutes; and
> another to measure 7 minutes.
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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FINANCIAL INSTITUTIONS HAVE a range of methods for evaluating commercial properties, but there are some general guidelines that they typically follow.
One of the key numbers that banks focus on is the property’s Net Operating Income (NOI), which is essentially the rental income minus expenses.
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.
