Accounting Insider - Property, Wealth, Business Tips & Tricks

52 - Premium location, premium site, what’s the catch?

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It’s an unused, commercial property site on a premium street, in a premium suburb a couple of kilometres outside of Adelaide’s CBD. It doesn’t get much better than that. Kym starts his process in the usual fashion, with research - remarkably, the current owner bought the property at a staggeringly cheap price a few years ago. He writes a letter to the owner, who calls Kym back and is keen to talk. The conversation starts, Kym appears to be in the running for a property with HUGE potential, but there are a couple of warning signs ... Tune in to another fascinating property story, as Kym continues to share his property investment journey and strategies. About Kym, http://accountinginsider.net : Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients. Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses. Key to Kym’s success has been his ability to provide p