Example: Purchasing a Hotel / Pub, No Money Down.

Discussion in 'Commercial Property' started by 2927, 2nd Oct, 2015.

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  1. D.T.

    D.T. Specialist Property Manager Business Member

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    If all the info was presented, it wouldn't be hijacked because people would have relevant questions / comments. Any off topic stuff would be deleted by mods.

    Instead, since you've chosen to be vague and deflective, nobody is actually off topic since there's no actual subject matter to discuss.

    You seem to have this assumption that you're better than everyone else and you have something to teach us. We're a well educated bunch who have tasted investment success in some form or another, so are not easily impressed by gimmicks. A few have posted our real life investment-related projects and none have gone off topic.

    As a group we celebrate the big and small successes of others because we're familiar with both the technical 'how to' and also the mental fortitude required to do things that are not very common among the non investing/non business public.

    So far the net total value of all of your posts is zero. If you want to be respected, the onus is you to provide something worth looking at or reading about rather than click bait and subtle hints.
     
  2. mrdobalina

    mrdobalina Well-Known Member

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    I don't get it. But I guess it's gonna take you a long time before you provide any more substance.

    My understanding of an option, is that it has an upfront cost. The contract offers the buyer the right, but not the obligation, to buy (call) or sell (put) an asset at an agreed-upon price during a certain period of time or on a specific date.

    "back to back put and call option"... You're describing a particular strategy called a "straddle". Where you BUY two options (a put and a call) with the same strike price.
     
  3. srirang

    srirang Well-Known Member

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    @BurnettGroup Still waiting on the much hyped example on how to buy a pub with no money down.
     
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  4. Waldo

    Waldo Well-Known Member

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    Correct.

    Again correct - that is exactly what everyone has thought of your thread. It doesn't look good at all for you.

    Having said that, I'm sure everyone would move on very quickly once some content is posted (and no, stating that it is using options doesn't really satisfy anyones curiosity).
     
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  5. JDP1

    JDP1 Well-Known Member

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    I'm interested to see how back to back put and call options works for commercial re. For liquid Hi frequency stuff like shares...maybe, but for illiquid slow moving re? And wouldn't you need a broker or some kind of middle man that's paid for that? Anf even if you don't, isn't the transaction costs more if you proceed?
    Something doesn't add up...it will cost one way or another.
    Tell us the details and satisfy our curiosity
     
  6. 2927

    2927 Well-Known Member

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    Your on the right track, but upfront costs can be avoided. It all depends on the wording in the options contract, that you intend to use. The back to back, I'm describing is between two companies with an interest in the property.

    This link might be of some help.

    http://www.carternewell.com/icms_docs/184039_Presentation_-_Put_Call_Options_in_Conveyancing.pdf
     
  7. See Change

    See Change Well-Known Member

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    You're treating everyone here as uneducated idiots . The reality is that numerous members have provided detailed posts of what they are doing , in some cases for over ten years .Right from your first post you have taken a confrontational stance towards members of this forum .

    And you wonder why people question your motives and methods . We've seen it all before .

    Fairly unsophisticated marketing . The problem is some people still fall for it . Seen it happen before and hate to see it again .

    As sim can testify , I have a pretty good track record of avoiding risky investments on the forum that many forumites have been burnt by . My BS detector is working over time here .

    Your giving us

    Absolutely no evidence of track record .......

    Your attacking us and then saying your way is better .

    .... What's the point .......

    Reader beware .

    Cliff
     
    Last edited by a moderator: 7th Oct, 2015
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  8. 2927

    2927 Well-Known Member

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    Your reading into things too much. Let the event happen first. I don't know what your track record is, on investments, that's your business. I haven't the time to read everyone's threads. When I get the time, I will post. I'm sure you will agree, it's better to have the correct info, then info that wont help anyone, even me being the poster.
     
  9. EN710

    EN710 Well-Known Member

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    Note: done this. I think the group need to work on the website and SEO. I can only find Leo Burn;)ett and Burnett group based in United States and are advertising agency
     
  10. 2927

    2927 Well-Known Member

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    Once again, like everyone else, your incorrect. Our business comes from Govt Tenders. As explained 1000 times already, when I get time to post info, other than what has been posted today, I will.
     
  11. Biz

    Biz Well-Known Member

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    Off topic but i have to ask.. Who is old mate in your profile pic @BurnettGroup? looks like he has enjoyed few down at said pub.
     
  12. 2927

    2927 Well-Known Member

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    He was my old mentor from way back in the 1970's. He was actually a non-drinker. :D
     
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  13. BennEznElle

    BennEznElle Well-Known Member

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    Its Bob Burnett, old Chairman of Titan Cranes ( a NZ Company) from the 1960's.

    Come on guys life your Google game!!
     
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  14. 2927

    2927 Well-Known Member

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    I'll give you a helping hand, it's twice, you've tried now with no joy. The man in my picture is a Burnett, his family own many business operations from Coal mining and exports, to Roading material and reclamation. He was also a transport and property pioneer.
     
  15. 2927

    2927 Well-Known Member

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    Finally we have a winner, at least you know how to use Google. Well done.
     
  16. See Change

    See Change Well-Known Member

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    Hard to explain 1000's of time when you only posted 162 times , though it might seem like that to some members .....:rolleyes:

    Is the rest of your thread going to be similar exaggeration and hyperbole ....

    Cliff
     
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  17. 2927

    2927 Well-Known Member

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    So, you've read the document I posted....??????????
     
  18. EN710

    EN710 Well-Known Member

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    Nah, it just means US Burnett group and Leo Burnett is more popular than Bob Burnett for the keywords. The point of Google is that you need to get found per their term. Am not going to doing hard core Google investigation on things I'm not interested in. Not in first and second page? Next.
     
  19. 2927

    2927 Well-Known Member

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    Gotta love Google. Better than Bing.
     
  20. ej89

    ej89 Well-Known Member

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    So my question is why didn't you post this thread when you were ready with all the info rather than trying to hype everyone for something you still haven't given us yet.. I'm keen to find out about it too.. I actually wanna learn about options too..