Wednesday, October 14, 2009

Commercial Property

So today I called my friend and he was asking me if I was interested in investing into some commercial property. Basically a factory unit. I would go in at a partial share – yet to be decided, and then his family company that he works for would rent it. So the two key questions that I am asking are, 1. What would be the return on the investment – I am hoping for at least 10% for it to be worthwhile. 2. How much do I need to outlay. Well I will be spending the weekend at my friends house as it is the Australian MotoGP at Philip Island and we basically watch it every year! I am sure we will be talking about this a lot!

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