The 6 best apps for simplifying life (Commercial investor edition)

The great gift of being a wage employee is the simplicity. You know every day what you need to do, you know each day where you need to go and what time you start and finish your day. When it comes to tax time you get a piece of paper which you take to your accountant and let them fix up your tax return for you. It’s just so simple… As soon as you start a business, you’re adding a level of complexity that’s quite …

The foolproof way to find the true property value

What’s a commercial property worth? Its value is as much as a piece of string is long. Defining the value of a property is the job of valuers, and I don’t envy them – it’s not an easy job. It’s full of guesswork and unquantifiable things. I was looking at a student deal the other day – (It’s not a done deal they are at the initial investigation stage) There was a retail space with a residential space above. The retail was leased – a …

Are Your Assets Wrecking Your Life?

Here’s a description of some investors that you’ve probably heard. It goes like this: “Asset rich… Cash-poor.” We’ve all heard that description, right? I get that having assets is great for a long-term strategy… When it’s time to retire at 65 or 70, you’ll be in a good place… But to me… I believe that it’s the biggest con ever perpetrated on the general populace. It’s like living in poverty in the vague hope that you will be living on easy-street later in life. Die …

The 5 things you must monitor (For Commercial Opportunities)

Any idea what zone your house is in? Most people have little idea… And if they do know the name of it, even fewer people know what that means, what you can build there and what the local council wants in that area. And I’ve got one more… An even tinier number of people are up to date with that information. The reason is that councils change the zones regularly and change what that actually means and what they want in that area even more …

Why ‘Thinking’ is Useless for Achieving Success

Where do we think from? Most people would say that it’s the head… Or the brain that does the heavy lifting in that area. Think about thinking for a second and point to where it’s happening and 98.7% of people will point to their head. A few new-agers will point to the heart. The rest will give you a blank stare. For me I can see that the brain does make a lot of noise. Whether that is actually thinking or not depends on whether …

This could be an untapped commercial goldmine

Chances are that you’ve heard news of Amazon coming to Australia and people claiming it’s “end days” for Australian retail. Manufacturing in Australia is also looking pretty shabby for the most part… the big car plants have all been outsourced to Asia… And of course china is flooding the market with products so cheap that no one here could ever compete… So where do we look for safe places to buy commercial in industries that are on an upswing, not a downswing? Well, a recent article …

I painted this picture years ago – You’ll never guess where I found it.

I once painted a picture to hang on the wall of the house I was living in. It was a bit of a blank wall and I was feeling artistic. For this painting, I wanted to convey the feeling of warm sunlight pouring through a window. Is not the only painting I’ve done over the years, from time to time I get a brush out and do something interesting with a canvas, … but this one is a little different… over the years this one …

Sex Drive and Success

When I was younger and had more energy than I do now, I did a lot of renovations. I’d work all day at my job then renovate at night and all weekend. I loved it and over the years I’ve done more renovations than I care to remember. I had ‘hustle’ You can get away with burning the candle on both ends when you’re younger. As I’ve got older I’ve found that I’ve still got tonnes of energy – I just need to consider how …

Success doesn’t fall in your lap

Y’know it’s funny. People hear that I retired to Byron Bay and they instantly assume that every day is sipping lattes at a cafe and eating smashed avocado on toast. They automatically make the assumption that I live a life of pure leisure, outsource everything and rarely lift a finger to do any work. I have to admit I am partially to blame for this misconception. The marketing that I put out there, the theme of my book, the story that is told about my …

Mongolian Commercial Property Wisdom… (Kind-of…)

  I’m writing this email on a laptop from the deck of a 45-foot motor boat in the middle of the Mediterranean. So if there are typos – blame the rocking of the boat, not my chunky fingers. What am I doing here? An old friend just bought the boat and needed help piloting it from Alicante in Spain to the Greek isle of Ithaca. So I volunteered. That’s pretty good of me, right? He didn’t have to bribe me or anything… Out of the …