QUOTE(slimfox @ Apr 14 2014, 12:00 AM)
Accepted banks are not stupid but are you saying that banks have not been coned into approving loans before? People giving securities which are not as valuable as what its valued to be during loan application?
Fact of the matter is....... Sorry this post is about rental and GYM business and I was just sharing my theories only la

i mean now la not last time. I assume this duno what infinity gym just operated for few months? So i dont think bank will approve loan for him lar, even got also must provide collateral or the owner got other business generated massive income paying huge taxes.
Haha, but i dun think this owner got lar or else no need cabut lari lor. hehe
Btw its stupid to pay Rm80k rental per month for gym business.
I not sure the rates there. Assume my place RM88 per month ler for gym rates. means to cover rental only needs to have 909 members. This not enough leh. Need 1000 members only can. Haha. 1000 members ah. its crazy!!
80000 plus the operating cost air con and electric and salaries and others need 90000++ la. crazy ba!!