Show Notes
I don’t like all this theory nonsense.
I want that real life, down and dirty numbers for my investments.
I want to be able to see what an actual deal looks like, what the raw numbers are and why it makes for an awesome (or terrible investment).
You just don’t hear about those anywhere, especially in the commercial space…
Until now!
Tonight we have a special live with Nick Wilcox and Steve Palise, where they are going deep into real world deals.
Steve being the commercial Buyers Agent and Nick being the commercial broker, there is some real knowledge and they ain’t holding back!
Join Jef Miles as he hosts this one with Steve Palise so you guys can soak up the wisdom!
Who is in?
Topics we’ll be talking about include:
- Examples of recent Commercial Property deals! This one is bound to be juicy and actionable.
- All that you need to know about commercial finance lending.
- Insights on what works for lending / buying for commercial in any market.
Episode Highlights
02:55 Quotes of the Week
06:06 – Picking the Market
09:49 – Nick Polizzi’s Background and Passion for Property
12:05 – Nick’s Property Portfolio
15:30 – Buying Commercial Property
21:30 – Understanding Commercial Loans
23:24 – Differences Between Residential and Commercial Loans
26:22 – Accessing Business Bank Type Relationships
27:19 – Relationship-Based Commercial Finance
28:01 – Importance of Specialization
29:09 – Referrals and Exploring Options
30:17 – Understanding Commercial Finance Products
31:41 – Other Specific Policies
32:55 – Serviceability and Achievable LVR
34:05 – Buying Commercial Property
35:11 – Selling Down Properties
36:14 – End of Lease Stock Line
38:33 – Banks and Property Ownership
41:02 – Loan-to-Value Ratios – LVR
42:46 – Self-Employed Clients
44:26 – Commercial Property Investment
50:27 – Commercial Property Finance
56:16 – Commercial vs Residential Property Loans
01:02:00 – Understanding Commercial Property Loans
01:07:21 – Commercial Property Investing
01:13:18 – Due Diligence on Commercial Properties
01:15:21 – Financing Commercial Properties
01:18:09 – Due Diligence Reports
01:19:14 – Valuation and Due Diligence
01:22:09 – Loan Assessment Criteria
01:24:01 – Q&A and Wrap-Up
Episode Resources
Connect Nick Wilcox: https://www.bluecranecapital.com/about
Connect Steve Palise: https://www.paliseproperty.com/
Join Aus Property Facebook Group: https://www.facebook.com/groups/Auspr…
Join the Newsletter: https://propertyinvesting.substack.com/
SUBSCRIBE: https://www.youtube.com/channel/UC2Hq…
Other Guests On Our Lives
Chris Gray, Amanda Farmer, Steve Palise, Nathan Birch, Todd Sloan, Cate Bakos, Mike Mortlock, Lloyd Edge, Karen Baldwin, Rob Flux, Kent Lardner, Charley Valher, Bernadette Janson, Pete Wargent, Melinda Jennison, Bushy Martin, Michelle Lewis, Peter Koulizos, Jane Slack-Smith, Joe Tucker, Jordan De Jong, Scott Aggett, Belinda Smith, Jef Miles and more.
