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  1. Reindeer
    Post

    Your first development project

    Hi hobo, the land size is around 1100 sqm. 3 basements and 7 levels above. Total (commercial + residential) is 55 units. I may start a thread...
    Post by: Reindeer, 27th Jul, 2015 in forum: Development
  2. Reindeer
    Post

    Your first development project

    I am going to hire a project manager during the construction. The land is owned by my family outright so there is no purchase cost. We've spent...
    Post by: Reindeer, 27th Jul, 2015 in forum: Development
  3. Reindeer
    Post

    Your first development project

    I am doing my first development (currently working on the CC). It's a mixed commercial and residential building and I can share some of my...
    Post by: Reindeer, 26th Jul, 2015 in forum: Development
  4. Reindeer
    Post

    Care to share your commercial holdings?

    Forgot to mention that the offer was after I've managed to get a DA approval which probably increased the value by 10-20%
    Post by: Reindeer, 25th Jul, 2015 in forum: Commercial Property
  5. Reindeer
    Post

    Care to share your commercial holdings?

    It's in one of the Sydney's Eastern suburbs.
    Post by: Reindeer, 25th Jul, 2015 in forum: Commercial Property
  6. Reindeer
    Post

    Care to share your commercial holdings?

    My family owns a block of retail shops and we are happy with the growth. We've got an offer of about 10 times what my parents paid about 20 years...
    Post by: Reindeer, 25th Jul, 2015 in forum: Commercial Property
  7. Reindeer
    Post

    Attn developers

    I am doing my first development and I will hire a builder.
    Post by: Reindeer, 24th Jul, 2015 in forum: Development
  8. Reindeer
    Post

    Your worst IP purchase

    @larrylarry, Thanks for the reply. Sorry I have a typo in my previous post. I was trying to ask when did you buy and sell the Rockdale unit....
    Post by: Reindeer, 24th Jul, 2015 in forum: Investor Stories & Showcase
  9. Reindeer
    Post

    Your worst IP purchase

    @larrylarry Just out of curiosity, why did you buy and sell the Rockdale unit and what was the buying/selling price? I agree that huge complex...
    Post by: Reindeer, 24th Jul, 2015 in forum: Investor Stories & Showcase
  10. Reindeer
    Post

    Review Construction contract

    I am not an experienced developer but I've a QS report for the development that I am working on. I can only attach part of the QS report due to...
    Post by: Reindeer, 23rd Jul, 2015 in forum: Development
  11. Reindeer
    Post

    NSW Regents Park, NSW

    The rent was $500 when I bought the property in 2012. It was increased to $510 mid last year. I could actually increase to $520 but the tenant...
    Post by: Reindeer, 19th Jul, 2015 in forum: Where to Buy
  12. Reindeer
    Post

    NSW Regents Park, NSW

    I bought a 3 bedroom unit in Regents Park in Oct/Nov 2012 for 383K (currently rented out for $510pw, same tenant since 2012). It's probably in...
    Post by: Reindeer, 19th Jul, 2015 in forum: Where to Buy
  13. Reindeer
    Post

    Help me do a feasibility on large development

    Power may refers to substation? The one that I am working on (55 units in Sydney) requires an electrical engineer to submit a connection design...
    Post by: Reindeer, 13th Jul, 2015 in forum: Development
  14. Reindeer
    Post

    Where in Australia are you Looking to Buy this Financial Year?

    I haven't decided yet. I was thinking to buy some properties in Brisbane but I am also helping my parents to do a multi-unit development in...
    Post by: Reindeer, 12th Jul, 2015 in forum: Where to Buy
  15. Reindeer
    Post

    Accounting Fees For Tax Return

    I paid around $5000 for my personal tax return, two companies and one family trust. I have one IP under my name and the family trust has six...
    Post by: Reindeer, 11th Jul, 2015 in forum: Accounting & Tax
  16. Reindeer
    Post

    Advice for a failing portfolio and a poor start

    For the Lidcombe unit, is the 650K the purchase price? My friend bought a 2 bedrooms OTP in Lidcombe for 520K end of 2013 (settled last month...
    Post by: Reindeer, 5th Jul, 2015 in forum: Investment Strategy
  17. Reindeer
    Post

    Advice please on the pros and cons of buying a block of units

    Pros - you have your own land, better yield, may be able to do renovation and apply for strata title. Cons - higher entry price, probably need to...
    Post by: Reindeer, 27th Jun, 2015 in forum: The Buying & Selling Process
  18. Reindeer
    Post

    Useful Property Investing Sites

    www.oldlistings.com.au is handy for checking rental histories.
    Post by: Reindeer, 26th Jun, 2015 in forum: Property Information Resources & Tools
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