Management Rights

Motels

Caravan Parks

Employment

 

The Management Rights Market (Page 14)

Buying Management Rights, Selling Management Rights, market outlook, etc

In: Accounting and Finance, The Management Rights Market

Contributed By: Mike Phipps Finance on

I mentioned in a recent article that when it comes to interest rates I am not a clairvoyant and so it has proved to be. The reasons why will be revealed soon enough but rst a bit of recent history. Until relatively recently banks set their home loan and residential property investment rates in accordance with the Reserve Bank cash rate. That is, if the Reserve Bank dropped the cash rate then residential property rates followed and vice versa. A little while back one of the major banks announced that it would no longer blindly follow the cash rate benchmark and instead make rate decisionsRead More →

In: The Management Rights Market

Contributed By: Management Rights Sales on

The past year or so has seen an increasing number of contracts not proceeding to settlement. This is a worrying trend with not a common reason for it happening. We have seen finance issues, Bodies Corporate not assigning, valuations of residences, buyers getting cold feet, verification of figures coming up short and issues with some older agreements all contributing one way or another to the problem. There is a role to play for everyone involved to do their part in making these things happen from the accountant putting figures together for sale, the buyers being truthful about their financial circumstances, the vendors leaving cleaning figuresRead More →

In: General Interest, The Management Rights Market

Contributed By: Management Rights Sales on

We have all been there!! Looking for a house to buy in any chosen location and we come across a nice looking property. Right location, well-constructed, nice paintwork, lovely grounds. Looks likely. Wait a minute…. Why are there four ‘To Sell’ signs attached to the front fence from four different real estate agents? Before we know it, despite the many positives about this property, a question mark hovers overhead. If the property looks the part, how is it that between four selling agents it has not yet sold? Of course nothing need be amiss. The property could well be perfect. However that question mark hoveringRead More →

In: General Interest, Motels and Hospitality, The Management Rights Market

Contributed By: TheOnsiteManager on

A couple of years ago, someone put me onto this little-known app called Netflix. Within about 15 minutes of having my TV connected to Netflix, I picked up the phone, called Foxtel, and cancelled my subscription on the spot… the $9.95 a month account that I’d opened on Netflix offered thousands of hours of on-demand, commercial-free entertainment, and had instantly removed the need for my $100 a month, ad-ridden, rerun-filled Foxtel account, forever. I’ve never looked back. These businesses are called disruptive innovators, or disruptors. They don’t create new markets they simply evolve existing markets and cause a disruption to the existing businesses trading inRead More →

In: Motels and Hospitality, The Management Rights Market

Contributed By: Resort Brokers on

Significant opportunities are now available in regional Australia for experienced, resourceful motel operators willing to back their own judgment and ability. Amid the fallout after the mining construction boom, fortune will indeed favour the bold. Many strong regional towns suffered a dramatic downturn as mining construction declined. Motels that experienced outstanding trading during the resource-fuelled boom, now find a remarkable high has been followed by a demoralising low. Some who reaped considerable benefits during the good times have, sadly, had their spirits knocked by the downturn. Understandably, they are ready and eager to sell and move on. So, as one door closes, another door opens.Read More →

In: Accounting and Finance, General Interest, The Management Rights Market

Contributed By: Mike Phipps Finance on

It seems that in this quite buoyant (some might say bullish) market lots of buyers are interested in getting into accommodation businesses that they cannot afford on their own. Obviously one way of achieving this outcome is to find some investors, create a partnership and go shopping. Certainly if you fall into this category as either active operator or investor we can help in terms of managing the entire process on your behalf. A word of caution however. Only experienced managers need apply. The clear message from the investors we talk to is that the managing partner needs to have a demonstrated history of successfullyRead More →

In: General Interest, The Management Rights Market

Contributed By: TheOnsiteManager on

Winward Apartments Mooloolaba. Think Management Rights Team would like to congratulate the new managers of Winward Apartments Mooloolaba Neville and Gloria Dyne. Neville and Gloria have extensive experience in Hospitality and administration and bring a wealth of knowledge and expertise to the Management Rights Industry and are looking forward to the challenge with the assistance of the Wayne & Linda Stoll and the Think Management Rights team with a combined 50 years of experience and knowledge. We would like to personally thank Wayne & Linda in assisting us finding the right property, once we briefed the TMR team they then worked diligently with us andRead More →

In: Accounting and Finance, General Interest, The Management Rights Market

Contributed By: Mike Phipps Finance on

I write this month’s missive at 40,000 feet returning from across the ditch after a series of pretty successful management rights seminars in New Zealand. Aeroplanes are great places to write these articles as there is bugger all else to do and just how many re – runs of Two and A Half Men can one man watch anyway ? The Kiwis seem keen enough about Aussie management rights and certainly the exchange rate is very tempting having improved dramatically over the past year. Interest rates still look a bit high in NZ and the question everyone asks is “what’s happening with the Australian domesticRead More →

In: General Interest, The Management Rights Market

Contributed By: Resort Brokers on

By Shane Wynhoven Australia’s east coast has traditionally been a hotspot for tourism.  But when the Australian dollar hits record highs, it weakens both our domestic and international tourism markets.  Thankfully, the Aussie dollar is coming down. In global terms, Australia is considered to be a premium travel package.  It is a long way to travel for most, at considerable expense.  And when tourists arrive, they are met with even higher travel costs. So, when the Aussie dollar peaks, heading ‘down under’ becomes a less attractive holiday option for the international traveller.  With our South East Asian neighbours offering far better value for money, weRead More →

In: Accounting and Finance, General Interest, The Management Rights Market

Contributed By: PCS Finance on

As a Finance Broker we sometimes are asked why do we get paid a commission from the bank and why would I go to a broker when I can source finance myself. I want to dismiss some of the myths around engaging a Finance Broker and explain what the positives are in engaging a reputable Finance Broking company. I suppose it’s a bit like Management Rights where the onsite Manager is paid an income to do a job. If you fulfil this role in a professional manner and educate your owners along the way, why would an owner go to someone else to manage theirRead More →

ADVERTISMENT: