PropertyInvesting.com | ergoudan | Activity https://www.propertyinvesting.com/members/uqrchen1/activity/ Activity feed for ergoudan. Thu, 06 Nov 2025 12:03:02 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 9c1ac7fdbdda1ba4f0d985fa5403bdc1 ergoudan replied to the topic Motel Purchase, Advice Please in the forum Commercial Property https://www.propertyinvesting.com/topic/5026168-motel-purchase-advice-please/#post-5072067 Sun, 09 May 2021 11:05:25 +0000 Thanks for your advice. I ended up buying a cheap motel in 2016 and sold it in early 2021. Paid a little over $400,000 for a FHGC and the capitalization rate had been about 40-50% (net a little over $200,000 pa).

]]>
f6490d6afc821da0e89a317fa20810d0 ergoudan replied to the topic Bad Credit - Loan Advice in the forum Finance https://www.propertyinvesting.com/topic/5026382-bad-credit-loan-advice/#post-5026435 Fri, 27 May 2016 00:40:23 +0000 You can always refinance once your bad record is wiped out :).

]]>
002754f154a83b6563822705e4b86437 ergoudan's profile was updated https://www.propertyinvesting.com/activity/p/342820/ Tue, 24 May 2016 05:43:21 +0000 eb7293b7b8aa6690ccd91ac1c3a92d8c Chen started the topic Motel Purchase, Advice Please in the forum Commercial Property https://www.propertyinvesting.com/topic/5026168-motel-purchase-advice-please/ Tue, 24 May 2016 05:42:21 +0000 My banker has not been able to figure out how much I may be able to afford for me, so I am raising the question here, as many motel experts are on this forum. I have little idea about the banks’ LVR for freehold and leasehold motels. It seems that for freehold the LVR is up to 70% but is also depending on whether the sale is on split contract or…[Read more]

]]>
a3959abb96d90ee0ae588f6d2544b505 ergoudan became a registered member https://www.propertyinvesting.com/activity/p/333278/ Sun, 03 Jan 2016 23:33:51 +0000