hi all
so i have a business that spends approx $100,000 a year for our premises (lease) here in Auckland, this is for flat sealed ground with power and water. no buildings.
If I want to buy my own commerical property and be my own landlord for my business, is the below roughly correct?...
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Business owner in auckland wanting to buy his own commercial property
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Can I sell off-plan commercial property before settlement?
Hi all, I'm a bit of a green horn to property investment and have a question relating to whether or not you can sell an off-plan commercial property before settlement. The situation is that about a year ago my wife and I paid a 5% deposit on a $1.2M+ piece of bare commercial light industry land. Settlement...
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Converting from Commercial to residential
Hi there,
I'm new to this, first time buyer and I need a little advise.
Im looking at buying a commercial property to run my business out of with the potential of living above the business. The property is a 2 story commercial warehouse part of 3 other units. The property...
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Recovering money owed from ex Tenants
Hi
We have a commercial property and the tenant has just moved out. Unfortunately, there were issues with late rent payments and by the time we got them out all their bond had been used to pay outstanding rent. Does anyone know if we can use the District Court disputes tribunal to recover...
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Online tools for property analysis?
Hi everyone,
Can anyone recommend a website that offers basic tools for analyzing cashflow/ROI/gross/net yield etc and other useful property investing barometers?
I could design a spreadsheet, or find one, but being able to access one online is more useful sometimes....
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Expert advice when purchasing your next property.
The Commercial property market is complex and filled with rabbit holes you don’t want to fall into. Yes, it can be a solid investment which can act as a foundation for your portfolio. Yes, it can be highly profitable. But, if you buy in an area where there is oversupply or a high vacancy rate, you...