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How to Retire with Commercial Retail shops (with Phil King)
Manage episode 463822203 series 3418325
Phil retired at 53 years old, but found retirement mind-numbingly boring, and so he decided to draw on his experience to help others buy commercial property- specialising in retail shops.
I thank Phil for sharing in depth behind-the-scenes how he finds deals.
•the extensive due diligence required for commercial property
•keeping in contact with agents
•how he values a deal
•finding out about the all about the lease (duration, terms, security/guarantee, is it a net lease
•be wary of expenses left off by selling agent(backflow testing, public liability, annual audit)
•zoning
•body corporate minutes
•why sees value in SE Qld
•views on office space
•types of retail he likes
Find out more at:
ABOUT THE BOOK – Engines of Wealth
Other similar podcast episodes:
Steve Palise- Commercial Property Myths
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
62 episode
Manage episode 463822203 series 3418325
Phil retired at 53 years old, but found retirement mind-numbingly boring, and so he decided to draw on his experience to help others buy commercial property- specialising in retail shops.
I thank Phil for sharing in depth behind-the-scenes how he finds deals.
•the extensive due diligence required for commercial property
•keeping in contact with agents
•how he values a deal
•finding out about the all about the lease (duration, terms, security/guarantee, is it a net lease
•be wary of expenses left off by selling agent(backflow testing, public liability, annual audit)
•zoning
•body corporate minutes
•why sees value in SE Qld
•views on office space
•types of retail he likes
Find out more at:
ABOUT THE BOOK – Engines of Wealth
Other similar podcast episodes:
Steve Palise- Commercial Property Myths
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
62 episode
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