Property is in a 50,000+ population.
It is a humble block of units.
Its in queensland, and 12.5% is not anything too great.
I just exchanged on an actual commercial property for $455,000 and have macdonalds looking over a lease on it now if we want to talk yields.
If i ever post a property its owned by myself 100% not jv. I have only ever done one jv deal which was a nothing size deal for giggles which was for a 2 week turn around only.
Hope this clarifies things.
If anyone wants to question my portfolio its buy and hold portfolio it is over 70 properties and these are owned by my own entities so i speak for myself.
It is a humble block of units.
Its in queensland, and 12.5% is not anything too great.
I just exchanged on an actual commercial property for $455,000 and have macdonalds looking over a lease on it now if we want to talk yields.
If i ever post a property its owned by myself 100% not jv. I have only ever done one jv deal which was a nothing size deal for giggles which was for a 2 week turn around only.
Hope this clarifies things.
If anyone wants to question my portfolio its buy and hold portfolio it is over 70 properties and these are owned by my own entities so i speak for myself.