How to buy commercial properties that aren’t for sale

  Every movie that includes a big business, a wealthy tycoon or a bloodless tyrant will tell you that everyone has a price. To a point, I do believe that’s true. I had a movie star get shown around my property a while back by an agent… And even though I knew I didn’t want to sell… …I also knew (If I’m being completely honest with myself) that were the offer good enough I’d have considered it. Thankfully his offer was nowhere near that invisible …

Busting The Commercial Property Affordability Myth

I’m walking down the road and I look into a store window and see something that I really like the look of. I know that these things are expensive… like… REALLY expensive. Probably out of my price range… Do I… a) Go in and find out how much it is (knowing that I’m going to be probably a bit disappointed? b) Walk on, go about my business and do something practical with my time? What would you do? Ok, It’s kind of a trick question. …

What Little Kids Can Teach You About Commercial Investing

When we are kids we’re taught to colour inside the lines. When we hit school we’re taught to follow the rules – and the older we get the more rules they impose. When we learn to drive we are taught to drive inside the lines and follow the rules. At high school and University there is a strong push to study hard and get a good job so you can live life according to society’s rules… work hard… pay taxes… get married.. have kids… buy …

How to get the best commercial deals

There’s an old saying that if you want to get something done you need to give it to a body person. It’s a counter intuitive thing but I completely get it. Busy people are busy because they are getting things done. People who aren’t busy are generally wasting time. Just to be clear, even though I often tell stories of how I go for a surf every morning and hang out with friends afterwards… Don’t let that fool you into thinking that I’m just sitting …

How to have more energy and get more done in a year.

I’m writing this from the deck of a boat, somewhere off the coast of Greece. This is me the other day swimming over to Jackie-O’s beach hut on Skorpios island. Taking some time out each year as I do gives me time to think about how I want to spend my days in the coming 11 months before I go on holidays again. Obviously, I spend time considering what I want to achieve this year. I set some goals around that. But I also spend …

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 …

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 …