Show Notes
How do sophis investors make money in any market, including both commercial and residential?
You may like our session with Steve Palise and special guest Mike Mortlock, the “Depreciator.”
We’ll be discussing the 2023 forecast for commercial property investing, including depreciation and live Q&A session.
Join us as we unpack the ways you can continue to make money in commercial investing, including a commercial spreadsheet case study and insights on how to achieve decent returns in a rising interest rate environment.
But that’s not all! Steve is passionate about giving value to this audiences, so bring your questions and get ready to take action with practical and actionable insights.
So grab your favorite beverage and tune in this Wednesday night.
Topics we’ll be talking about include:
- Commercial spreadsheet case study of how the numbers stack! This one is bound to be juicy and actionable.
- Insights on how to continue to achieve decent returns in a rising interest rate environment.
- Commercial Property Investing 2023 Forecast [may even see if we can squeeze a location or two out of him] + Commercial Property Depreciation discussion.
Episode Highlights
10:26 Define the Current Market
12:28 How do you determine a good versus a bad commercial property?
14:45 Commercial versatility changes depending on where you buy
17:46 What markets have you been most active in recently?
24:52 Where do you see an appetite for commercial lending at the moment?
28:20 What would you say to somebody who said “I don’t want to buy a commercial because prices are going down now”?
36:42 Leased to same national tenant for 27 years!
41:06 Residential Property Cashflow Calculator
50:12 Commercial Property & Residential Property Cashflow Calculator
53:28 Repairs and Maintenance on Commercial Property
59:19 What are the key things to consider for Commercial Property Depreciation?
1:11:46 Australia’s Industrial and Logistics Vacancy Second Half 2022 (2H22)
1:15:21 Given recession and higher interest rates are somewhat given, do you think this will increase the vacancy rates?
1:18:22 What do you see some value outside of the capital city-state?
1:23:35 Newcastle Region Market
1:25:01 Some industrial Hotspots Areas
1:27:39 Australian CBD Retail Vacancy H2 2022
1:30:42 Some Retail Hotspots Areas
1:33:15 Australian Office Spaces – Q3 2022
1:39:43 Is RBA not continuing to keep increasing the rates?
1:43:21 What amount is a good starting point for commercial investment?
1:45:44 Is 6% net yield for commercial considered on the lower side of yield?
1:46:09 How do we factor in diff between capital growth rate for commercial vs
residential?
1:48:22 How do you determine appropriate rent?
1:53:0 Where can we check you out (Mike Mortlock)?
1:53:36 Best way to connect with Steve Palise
Episode Resources
Connect Steve Palise: https://www.paliseproperty.com/
Connect Joe Tucker: https://propertyprinciples.com.au/
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.
