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. …

How to SWOT your next commercial investment

Everyone thinks that Byron bay is some idyllic paradise. I saw a funny thing the other day where a young lady from overseas was in Byron on holiday and she bumped into Chris Hemsworth just hanging out with his shirt off… …As you do. She was blown away that we have free range Hemsworths just roaming around. That’s the thing with Byron. On the one hand it’s a hippy/surfer community filled with transient travellers. On the other hand it’s becoming a bit of a millionaires …

Warren Buffets Two List Strategy For Massive Productivity

If you’re going to take wealth advice from anyone… (other than me of course), Warren Buffet is probably the next best person to go to. After all, he’s probably the most successful investor of all time and is consistently ranked as one of the wealthiest people alive with an estimated worth of $76.8 Billion. Obviously, he’s MUCH wealthier than me but he can’t surf to save his life, eats McDonald’s for breakfast and works all the time (even Saturdays!)… I know I didn’t spend the …

100 Years and no regrets? Really? How?

The other day I was watching this video that was a group of 3 centenarians talking about their regrets. That’s a lot of time to look back at the epic journey of a life and consider your regrets… You can cram lot of regrets into a life. You can also cram a lot of genuine wins into a life. The great thing was that these 3 100+ year olds had got to a point where they didn’t really have much in the way of regrets. …

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 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 …