Guides & Advice
How-to writing for buyers, sellers and operators. Lighter than Made Easy; more practical than research.
Buying your first MR — what nobody tells you.
The five things that make or break a Management Rights deal, and the order they will hit you in.
How to be a Hot Shot
Improve Your Website Search Ranking (And Property Sales)
8 Tips & Tricks to increase revenue whist cutting costs and improving your business
Last month we have seen the Centrelink website collapse with the strain of people trying to access information and benefits. While sole traders will be entitled to claim benefits, it could be worth looking into modifying or diversifying your service offering to continue operating your business instead.
HOW TO SECURE A BUSINESS OR INVESTMENT OPPORTUNITY WITH QUEST
If you’ve ever thought of running your own business, and the idea of taking on a luxury accommodation property is appealing, then now is the time to look at partnering with Quest Apartment Hotels.
- 12 May 2014Read →
What to Look Out For When Buying Management Rights - Past Disputes
In this the fifth and final series of articles about what to look for when buying management rights, I look at what is fortunately not a common problem and that is complexes with a history of disputes with resident managers. Disputes with the Body Corporate or the individual/s that represent it can be stressful and debilitating for the resident manager. They can also be expensive to resolve. On the other hand, complexes with past disputes may represent an opportunity for a buyer to turn the sit…
- 17 Oct 2013Read →
What to look for when you are buying management rights
In this fourth article in the series I will look at an issue that should be considered by any potential purchaser of management rights and that is the likely retention or loss of units from the letting pool. Fortunately history shows that most letting pool numbers remain fairly constant with any fluctuations being relatively minor. Certainly in the current economic times I have seen very few problems in that regard. In previous years though, some managers found the number of units in their lett…
- 2 Oct 2013Read →
Contract Dates and Stress Reduction Tips
Generally I try and write these articles from an industry commentator point of view. Otherwise it’s too easy to start thinking like a banker and generally that makes for pretty boring reading. Having said that, recent events have caused me to reflect on the lender’s plight when dealing with management rights purchase contracts. While I acknowledge that the chances of anyone feeling sorry for the banks is remote we really need to have a think about current practice in respect of critical contrac…
- 18 Sept 2013Read →
Tips To Ensure a Smoother Management Rights Sale
If you are going to list your management rights business for sale, you need to make sure that it is in as healthy a position as possible. To ensure that you have ticked off what we see every day in matters that become issues for the purchaser, we have set out below a quick checklist you can use when you are considering selling. If you have ticked all these items, your sale process will be a lot smoother. 1. Are your PAMDA20’s signed by every owner? Missing PAMDA forms are still the bane of ever…
- 16 Sept 2013Read →
What to look out for when buying management rights
In this third article in this series I want to talk about one of the most important things to look out for when contemplating the purchase of management rights for the first time – verifying and understanding the income form the business. Like any business, management rights attracts the good and the bad. Some managers keep poor or distorted records. It is so important – indeed critical - to have an accountant that understands management rights carry out the income verification when buying. It…
- 9 Sept 2013Read →
Tips for Buying Off the Plan
There are a number of reasons why people want to buy management rights off-the-plan. It is often perceived as an opportunity as there is an expectation that:
- 13 Sept 2012Read →
Tips to Make Your Mobile Home Park Successful
There are so many different things that you can do to ensure that your caravan park is a success. If you want to find mobile home parks for sale , then the one place that you should visit is, Resort Brokers . They have a huge range of different mobile home parks for sale and they have plenty of advice to offer you.
- 28 Feb 2012Read →
How To Own your Very Own Piece Of Queensland
Queensland's tourist vibe is like nothing else and it's no secret that the tourism business is always a good place to be in. But travel and tourism might not be everyone's cup of tea and for this reason, more and more business-savvy Australians are instead turning to tourism properties.
- 14 Feb 2012Read →
How To Make Your Mobile Home Park Successful
There are many kinds of travellers. There are those who enjoy spending their holiday in the lap of luxury and having resort operators cater to their every whim, while others just need a decent pillow on which to lay their heads at the end of a long hard day of sightseeing. Yet, others prefer an affordable place to stay every night while bringing the comforts of home with them. This last group comprises people who head to mobile home parks every holiday season.
- 13 Sept 2011Read →
5 Tips On How To Make Your Resort Stand Out From the Crowd
It's one thing to stand out from the crowd as a person, but standing out as a resort or hotel is another matter completely. What makes it such a difficult task is that each business ultimately offers the same services. If you're looking to buy resorts or looking to buy hotels but want some marketing ideas before you take the plunge these 5 tips should help ease the stress of attracting clients: