Re Commercial rents
who is the smart or dumb one here?
There very few smart ones mostly dumb
At least 70% of small business is badly run by incompetent operators so on average most go broke within five years
Many commercial purchases are also poor investments and bought at a premium
The government is not interested in you regardless of which group you are in
OK this is generalization but true in most cases of hardship, but naturally there is the domino effect where a well run business tenant suddenly finds that previous good clients can't pay their accounts and the whole line tumbles down
Investments in Australia these days are mainly for the cowboys as it is a jungle
- Forums
- Property
- Landlords are Leaches
Landlords are Leaches, page-708
-
- There are more pages in this discussion • 498 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)