I saw a guy lying in the gutter in the Sydney CBD once. "What are you doing?" I asked. "Holding a parking space!" he said "For who?" "My wife. I sent her out to buy a car."
Anything that gives me a 10% ROI I will be happy with. Whether it's a car space in Sydney, a set of storage sheds in Brisbane or a RR franchise on the SC, I'm easy.
I could do, but the original plan was to sit on what we currently have for another 20-30 years. But my pea-brained Brother has other ideas and wants out now, so we will sell up and go our separate ways. He will purchase a house in Brisbane cash somewhere and move down there with his family and I will look for something commercial I think. You never do business with family or friends for this reason, but this is what we have inherited from my parents since their passing so it was unavoidable at some point. Money IS the root of all evil and I will go with the flow as I don't want to lose my Brother or his family over a few shillings.
I had a quick look at some commercial stuff yesterday afternoon, some things look good and it's all new and interesting to me. We will sell up through the year and I will invest that money till 2024/2025 before I decide to do anything. It will be a blood bath out there mid 2024 I reckon, so anything after that or into 2025 and beyond will be good buying I rekcon and I will have cash, but happy to finance more on top for the right investment. Looking for something with passive income, BIG passive income lol.
Lol, I haven't had the pleasure of selling any VNs in my time. But never say never they reckon. I have sold many VT-VE models, mainly the VY-VZ model. I can also tell you which is the most popular Holden colour in the VY-VZ model...................silver! I have sold around 10 of each model in that colour alone, it's definitely the most popular colour.
One of my recent silver Commodore sales to a young lady named Tiarni. (Have sold 2x more silver VYs since this one) She sent me this picture on Facebook the other day telling me that the car is still going good and she asked me to find her some new "wheels" for her car because she has worn them out already. Looks like she's lost the rhf wheel cap also. I fit new tyres to that car last October before I sold it, they drive these cars out to their communities and missions on that red dirt and it chews those road tyres out quick smart. That's her Mother, her kids and nieces in that photo, they were about to start cooking roo tail for dinner that night. Image Unavailable, Please Login
I don't know if she registered this one or not, but they do lose their front plates driving through water all the time to get back to their communities/missions. Did I tell you the last silver VY Commie I sold only two weeks ago, she drowned it taking it back home to Lake Nash. I think I posted about it and pics of the marone VE Commodore I have coming for her now, should be here today or tomorrow. I ended up talking to Smoking Joe a few days ago who told me after she drowned it, it ended up being washed away and it wrapped around a tree and he was going to take parts off it for the VY Commodore I sold him around 2 years ago lol Smoking Joe pulled up at the yard looking to upgrade to a VE because "he's earning the big money now working for the Council", so got I've a nice VE sedan coming from Gladstone for him that I just paid for yesterday. Going to call him today to see if he wants to put a deposit on it, if not will show some others who will definitely take it. I've already had 2x Facebook messages this morning asking if I have any new cars coming, so this will be an easy sale if Smoking Joe doesn't want it. Image Unavailable, Please Login
You got it correct a few post's ago Jim,storage sheds. Passive no expenditure moneymakers. The 3 main ones around here are rarely empty. You want modern concrete block ones with security fencing.
Lol, thanks mate. Smoking Joe is a good payer, was paying $600 a fortnight when he was paying off his old VY Commodore a few years ago. Earns more money now at the Council he said, so I assume payments will be the same or more this time.
Yep, they were my first choice because of the low maintenance side of it. I found a set of 24 in Emerald for $950K ono, 100% occupancy, 3350sqm secure fenced block and were returning $105K net PA. Trouble is, they are in Emerald lol. Not sure if I should stick with a capital city to get the returns AND some capital growth lol I don't see Emerald doing much in regards to capital growth over the next 20 years.
I have used the same transport guy for the last 5 years or so, his name is Andrew and he's based in Townsville but goes up and down the coast and weekly trips out to the Isa. This is what it costs me to get cars transported out to the Isa door to door delivery, dead or alive- Townsville $700 Ingham/Ayr/Bowen $850 Cairns $1000 Mackay $1000 Gladstone/Rocky/Bundy $1200 Sunny Coast $1400 Brisbane $1500 Gold Coast $1600
