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Hi all I was hoping someone with commercial lending knowledge could help me understand the risks and impact of the following commercial loan. I am looking, as an option, of taking out a commercial loan to fund a 6 unit development and pay out current resi loan. The loan suggested by my...

Hi somersoft sages, Has anyone imported stuff from overseas to deck out their developments? I'm thinking tiles, cabinets, stoves, ovens, appliances, lights, fittings... the whole shebang. I know a lot of builders source materials from overseas, and put an enormous markup on it. I wonder if...

Anyone have thoughts on upgrading PPOR and buying into top end blue chip suburbs? (I.e. like the 3 suburbs with the highest median price in the capital city). We are considering it (mainly to be closer for kids future schooling), but not sure if there is any growth in those type of suburbs...

I am keen to understand what information sources you use to research property. I am sure there's a abundance of information out there that I'm not aware of. Personally I use: Realestate.com.au (to peruse) Council websites (for planning info) State planning policy (for subdivision info)...

For all the experienced developers out there... Do you have any thoughts or recommendations on running multiple projects at the same time? I've decided this year is the year to start developing a few of our development blocks, landbanked over the years. I'm thinking of running 3 projects...

Hi all I am new to Somersoft and am extremely impressed with the wealth of knowledge and the eagerness of members to share that knowledge. I was hoping to get some advice for a large development site I have in Kelmscott (4000m2 R40 - 16 units). This was bought at the peak of the GFC. It...