Connecting a previous post, this opportunity will be discussed in three (3) of the Six Principles of Successful Property Investor next.
4. Glad the transaction, NOT on his property
One of the biggest mistakes a person (especially who claim investors) to purchase the property is that they buy property not by financial gain but more because of the LOVE at the beautiful property and very good architect. It does not hurt anyway …. you like to do that when the property is to your house.
But when it comes to investing, you have to look at the pros and cons financially, and leave feeling like or dislike. Stick to the principles of investment, such as whether the property is good prospect? Is making money go positive? How did the growth of property in the land? And so on .. Investment property is a matter of numbers. The point is whether the number of financial gain or not.
To clarify this point, I give examples of my former neighbors in Depok – Jabar (because it’s not neighborly, I moved to the South Jakarta). First year 1999 – 2001 I lived in a housing complex. The house that I live in the house at the time were small, with an area of only 78 m2, including my neighbor’s house, who happened to be larger with an area of 90 m2. My neighbor is renovating his house to build a second level. This house does look magnificent and the best among the existing homes in the vicinity.
He spends money to renovate 100 million (then in 2000), so the total price of the house is a Rp150 million. However, Continue reading
On this occasion, I will share the six principles of successful property investors are:
1. Fortunately, at the time of purchase.
Most people buy property always thought to benefit in the future (next year, and so on). And we can also benefit the property at the time of the transaction because the purchase price is below the market so that when the time was right and we sell at the market price, of course we’re lucky. Properties like this usually can we buy from sellers who really intend to sell or are highly motivated to sell because they need the money.
2. Buy wholesale retail sales.
Just like any other trade, on the property also apply these principles. We can buy properties in bulk then we are the lots to be sold at retail course at a higher price. This method can be a very minimal capital even without capital. Follow the following explanation.
3. Leverage, buy without money.
The principle is to use other people’s money, in this case the bank money. With the bank’s money, even we can buy property with no money himself penny. Detailed explanation in the next chapter.
Similarly, the first 3 of the six principles of successful property investor. For the next three success principles please wait for the next post.
Hope it helps and useful.
Using the services of a contractor to build houses or other buildings will be very profitable, and the risk of loss can be minimized. Additional costs were incurred only exchange for the services of the Contractor who has replaced the owner during the construction of the house.
Here are some of the benefits if you use the services of a contractor:
1. With the contractor to know how much will it cost budgets.
2. Could discuss the design and layout that suits your needs and budget is prepared.
3. Supervision of the work and discipline the system.
4. No need to laboriously search for materials.
5. No need to painstakingly search for and oversee the builder.
6. No need to think about safety material (the risk borne by the contractor).
7. No need to think about the technical construction and construction phases. Continue reading
In building a house or building, of course, we need a builder. Without the builder, houses or buildings in which we live or exist around us now we will not be realized. Due to the meritorious work building is handyman.
Both projects require a contractor or owner builder. Unfortunately, not all builders can we count on. Indeed, if we ask, all the builders certainly can and are able to answer, indeed it was given the job, poor work quality and disappointing.
There are also builders work unfinished requested salary is up first, turn to finish his debts lazy. It was based on our experience as a contractor. There are builders who ask for daily wages, but working hours are not until one day, too many breaks.
Well, how to choose a good builder? Consider the following tips:
1. Choose a builder who is responsible
Initial consideration for those who want to use the services of a builder, choose one that has a high responsibility. Responsibility is important, because sometimes we can not control every second of the work we provide. Continue reading
Building a house definitely require builders and foremen, the daily wage system or bulk. Both wage system has advantages and disadvantages, depending on how the builders and our understanding of work procedures and stages of building a house.
Lack of understanding, let alone half-zero, it will make the cost becomes swollen, complaints about this we often hear from our clients. There is wear piece rate, but its work was disappointing, some are daily hires, but the builder works very slowly and seem just counting the hours.
How to tips and tricks for hiring handyman ..?
Previously, you must know first that the construction of the house, we need good cooperation between co-workers, supervisors, and you as a homeowner. Work carried out on an ongoing basis based on the composition of the work plan. Therefore, a project management will manage the entire process and stages of development. Continue reading