Recognizing Individuals Value of Your Real Estate Company

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Managing and handling your real estate business is a challenge. When you aim to build real estate company, the challenge becomes harder. It means that you need to work with different individual with different personality, skill, and knowledge that is valuable for your company.

Recognizing individuals value of real estate company

Thus, underestimating every individual value of your real estate company is a big no. Keep in mind that every employee in your company plays powerful role to make significant difference.

Even though you are more superior to others in your team, you will still need to rely on each of them.

How individual value have impact on your real estate business

It is true that in order to build strong and steady real estate company you will need the best out of the best. It means you need to hire the best people with the best skills and knowledge to make significant difference for your business.

However, it is not enough because you also need to build a team that work well with you. Only then you can optimize every individual value to build solid team and level up your business significantly. So, you have to know several things for you that is really matter.

The first thing I’d like to inform you is that it is important to determine the role for every individual in your team. This way, you will be able to measure how much you will have to babysit or how many you will need in each role.

It is also important to help you determine micro-management. In this matter, you will have to determine how much time and effort you need to go into training. After taking care of these matter, you will know what you need to focus on.

It is also important to hire people with talent and skills that will represent your real estate brand. Every individual in your company will directly impact what people think about your business and company.

People you hire have important role not only within your company but also within your target markets, at events, as well as for actual business. It is important to hire people who have great personality and traits. The way they carry themselves outside the company is also important to build and maintain the image of your real estate brand.

The next thing you need to pay attention to in recognizing individual’s value is efficiency. Remember that different individual can do significantly different amounts of work.

Some individuals are capable to finish a lot more per hour than others. As the result, they have significant impact to bring more efficiency to the company. If you are able to build efficient company, you will be at advantage.

With different individuals working for you, it is important to make sure that everyone working on the same page. It is because it will impact conversion rates and how your company achieves the same goals.

Thus, it is important to hire best employees that can optimize efficiency within your company. You also need to find the best way to afford so you can effectively unleash their full potential.

The New Tranquility Inside The 3 Bedroom Villa Seminyak

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If you are required a tranquility stay in Bali, many people may not suggesting Seminyak as a place to go. It is because of the crowd where the village itself is one of the tourism centers in Bali. But, it doesn’t mean that when you are taking your family with you, you can’t really find the comfort and luxury accommodation. So that, I am going to show you about the 3 bedroom villa Seminyak where you and all the family members you are bringing on a vacation can experience the best of your stay without any hustle.

Seminyak area is surely the crowd itself. You can see and meet many people from around the world whether on the street, at the beaches, when you are entering the shop or restaurant and many other places. What can I say, it is a village where many people are going to work and also spending the holidays.

That’s the true. But all the crowds will be disappeared if you are going into at least one of the hallways around you. Then, the village tranquility will be coming to you while hearing the sound of vehicles in a distance. That’s where the 3 bedroom villa Seminyak will starts to offering you the comfortable staying in Bali.

It doesn’t have to be at the rural area to stay just to experience the silent, even though you are in a city’s center, there are always many places that will be as comfort as you need. Let’s now see about how this 3 bedroom villa Seminyak will helps you to live up your holidays even more.

Live up your vacation while staying in 3 bedroom villa Seminyak

Staying in 3 bedroom villa Seminyak is one of the thing you can choose to get the tranquility base villa. I know you won’t believe it at all, but if you see a bit further to the location, what you have seen beside the main streets are really not representing what lies behind.

Although the Seminyak village somewhat full of the buildings, as if there are no more rooms for you to breath, that will be the great time to find a hallway that will take you farther inside. And you will know that there are actually more environmental friendly buildings, village tranquility and many comfortable things you can experience.

The new tranquility while staying in 3 bedroom villa Seminyak

That will also be experienced when you are rented the 3 bedroom villa Seminyak that is provided by Hu’u Villas Bali. A getaway accommodation for every people who are required the tranquility in a city that is close to the beach. Doesn’t it sounds a great thing for you?

Staying in this villa with 3 bedrooms at Seminyak will be possible for you to lives up your vacation. Not only it is placed in such strategic location, but also all the amenities that are ready to serve you.

Its distance that is close to the beach will be the great thing you can get. With only around some short minutes, under 5 minutes, you then can find yourself at the beach and do whatever you need to do. It is also means that the tropical atmosphere can really be experienced while you are in Bali and the best place for it is at the beach and its surround. Even if you aren’t the type of people who enjoy at the beach, the 3 bedroom villa Seminyak itself has been provided with the private pool that you can use at anytime, 24 hours a day.

This 3 bedroom villa Seminyak itself is also called as the penthouse and I am sure why is that being called as it is. The main reason for that is this villa is typically different with the other available villas the management has because it is differentiated by the luxury features. As what the image above shown.

Seeing the above image, do you still think that your family won’t be live up the best vacation ever while staying in a 3 bedroom villa Seminyak? Let me know if you’ve got another opinion, but so far, there aren’t many places and accommodations that will serve you better than what I have been told you.

No need to worry about anything, the janitor can be called if you need, the pool will also cleaned everyday, you will get the privilege access for The Den’s club, and many interesting things that will really worth your budget.

Overall, the new tranquility that this 3 bedroom villa Seminyak is offering you is that staying in the center of the crowd while still experience the calmness without any unnecessary disturbances.

Reasons Why Prefer Property Business and Not The Others

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There are many types of business and investments available out there including real estate, bonds, stocks, etc. Each has rewarding points as well as risks. However, investing your hard-earned money means you need to be selective in choosing what type of investment that fits you including your passion as well as goals. With many options of investments available, it is just normal to find out which one is more advantageous and attractive than others. It is not always the high risk or big capital. It is also about the value, potential return of investment, as well as the amount of control involved. Thus, finding the right investment is like finding a perfect partner.

Reasons Why Prefer Property Business and Not The Others

Comparing property business and other investments

 

Property business is getting popular because it is beneficial and rewarding. Of course, there are many sub categories in property business you can be specialized in. Here is brief comparison of real estate business and the others:

  • According to several studies conducted in 2017, the rate of return on residential real estate averaged more than 7% annually. Meanwhile, another investment such as stock averaged less than 7%. It shows that real estate business has strong opportunity to gain success. It is because real estate business provides many ways for investors to gain profit. Investors can either purchase real estate property which will appreciate over time or rent it out to gain monthly cash flow.
  • Real estate business is easier to learn and adapt. Compared to other type of investments, people will learn about real estate business easier because it is something that exists in real life that somehow familiar. Before, jumping into property business, new investors can try house hacking for example. This is a gentle way to jump into real estate business. They can learn how to be a landlord by renting out one of units or rooms of a home they are living in. They will earn monthly cash flow while learning more about how the business works. Once they are skilled and knowledgeable enough, they can start purchasing another property to invest in.
  • Real estate business also provides more control. You can hold direct control of your investment portfolio. When you purchase a property, you own it and you can make your own decision about what changes you need to make. You can also decide when to buy or sell with your own decision. Of course you will have to consider many factors before making decision over your investment. However the final decision is in your hand. It may sound intimidating especially for new investors. However. Having more control over your investment means you have more control over your finance as well.

Real estate investment provides more opportunities for those who seek financial freedom. Thus, most people involved in business agree that property business is one of the most promising investments if not the best. Of course, it has its own risks and it is highly advised to take everything into consideration before making your own investment.

 

Let the Wind Blows: An Idyllic Komodo Boat Journey

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To those of you who proclaim yourself as traveler but haven’t been to Labuan Bajo, Indonesia, let me tell you something. You are missing out something great, a lot. Home to more than 17.000 islands, Indonesia is one of the best country to have some adventure of lifetime. Labuan Bajo, Flores, which mainly famous for its Komodo National Park, is definitely among the best destination on this country. Aside of being the only natural habitat of the last dragons on earth, the National Park is filled with remote islands lined with white ribbon of sandy beaches and other rare beauty. For those who dream of pure wanderlust, who wants to go where few tourists have gone before, this is truly a dream come true. And crossing the Flores Sea by Komodo boat is the only way to explore the outermost islands and discover their rare beauty.

Let the Wind Blows: An Idyllic Komodo Boat Journey

A Slow Living with Komodo Boat

Oh, how the Labuan Bajo is very articulated with their boats. To experience the best of the tour, you really need to pick up a decent boat. A big boat that won’t really got you swayed by the ocean tides and bring nausea on the deck. Most good boat in Labuan Bajo offers proper cabins and a bed to sleep in, and make sure you choose those boats because, after those adventure, you really need something nice to sleep in! Along  with the boat you will find kitchen (to prepare your meals during the excursion), a communal fridge, and some storage spaces for the crew and everyone in the boat.

Komodo boat has this special charm to drift anyone from reality once they set their foot on its deck.  When the wind is right, the boat will glide effortlessly though the bright turquoise water of Flores with only the sounds of the wind bristling past your face. The boat will take you through idyllic bush fringed beaches, crystal clear ocean, and, occasionally, dock to one of Flores’s remote villages only to be welcomed with warm greetings and cheeky children.

Your days in the boat are going to roll by at a leisurely pace. There’s no assignment to worry about, no routines to do, nor clients to meet. It’s only you, the boat, and the open sea. Whenever there are no island excursion or diving schedule on the time, feel free to waste your time under the deck’s canopies, getting mesmerised by the gleaming ocean. Several times a day, your captain will stop the beach on diving spots, hidden beaches, or another picture-perfect savannah-covered islands.

With most liveaboard trips in Labuan Bajo sailing within three to seven days excursion, it’s time to say momentarily goodbye to civilisation.

Challenges You Face When Investing in Student Housing

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Student housing is one of the most promising and popular investing in property business industry. Of course, it is kind of a higher level of property investing due to its higher demand and rent amount.  When investors decide to invest in student housing, they need to dedicate their time to a higher level because of that. Thus, even though this is promising investing there are still many investors who are discouraged to do it. Student housing is an investment when the property is located near college or university so that the student who is attending the nearby campus rent it. This investing has a specific market but still promising because education is important in life and the number of students never decreasing.

Challenges You Face When Investing in Student Housing

Possible difficulties you find when investing in student housing

There are many benefits you can earn from investing in student housing. It includes a higher rent price, never-ending tenant, higher resale value, etc. However, there are also risks or difficulties which make some investor stay out of student housing. Here are possible hardships you face when student housing:

  • The annual turnover of student housing is considered more stressful than normal property investing. In student housing, you will have to deal with quite an intense turnover. For example, you have to deal with senior students where they will only need to stay for one year in your property. Thus, you have to start searching for new tenants at least every nine months. Finding tenants in student housing is easier but the process of finding the right tenants can be stressful. The constant turnover is what makes many investors stress the most.
  • Property damage and maintenance also issue that student housing investors should deal with. It is not a secret that student housing investor should look out more for property damage and excessive repairs. You may need a large deposit to provide a large level of protection. However, most investors are often stressed out due to minor things such as running toilets, clogged drains, cracked windows, or neglected appliances. They might look minor but are costly to repair.
  • The next challenges you will face when investing in student housing are regulations and guidelines. You must know that most college towns often have fairly strict rental rules and guidelines to follow. You need to find the right way to be allowed to rent your property to the students. There is a possibility that the town already closed the application window for the year and even permanently. Even if you can apply, you still need to go through the long process. Your property will have to pass a series of guidelines and regulations.
  • Another challenge that the investor might have to deal with is the annual fee. In addition, there is also constant town scrutiny to deal with. This is because the town should protect the living enjoyment for all property owners. Thus, you will have to monitor your property condition constantly. It even includes noise and parking regulations. It shows that student housing investors or landlords have a lot on their plate.

Get to Know More about Student Housing

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There are various types of property investing and one of them is student housing. This particular investing has become more popular over the years. This is property investing which focus on the specific market, students. In real estate investor world, student housing becomes popular for many reasons. Student housing means the property is located near a university or college where most population students exist. The property is rented out to students who are attending the nearby campus. The demands are averagely high. It is known that the rent amounts are higher as well. The time needs to dedicate is higher as well. Thus, it is safe to say that this type of investing is not for every investor. You might as well consider many things before jumping in this investing.

Get to Know More about Student Housing

What you need to know about student housing

Many investors interested in trying this specific property investing is due to its promising benefits. Remember that education is one of the most important elements of life. People pursue education to have a better life. Thus, the number of education facilities keeps increasing. It leads to promising benefits for student housing business. Here are positive things that might make you interested in student housing investing:

  • The location of student housing property is nearby college or university. It means it has an ideal location which is one of the most important factors which can lead to success in property business. with an ideal location, the rent increased. Most students prefer local housing located near the campus they are attending to make everything easier for their education. With this high demand, you can increase the rent price and charge 10-20% more than normal circumstances. This is promising for your cash flow. That is why lots of investors are interested in this type of investing.
  • Students will constantly need a place to live as long as they attend their university. Therefore, the demand will keep high in this investing. Even though your old tenants have finished their education and move out of your property, you will have a high chance to fill it again with new students. The cycle is promising that you don’t even have to worry about finding the deal. You just need to make sure to choose the right tenants. You can even find new tenants through word of mouth. It is common for student housing investor to rely on student referral to keep getting their property filled in.
  • The resale value of student housing property is higher. Of course, the most benefit to earn form student housing investing is monthly income. However, there are also long-term benefits you can earn from student housing. It is when you decide to sell your property. The value will be increased. You can put the document on the listing so that the prospective owners will be able to sneak a peek of what kind of property you have. When you have higher rental amounts, it will lead your sales price upwards. With high profit you earn, you can even start new investment to expand your business.

Important Points to Consider for Selling a Property

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When you own an asset in a form of property, there are many things you can do either to sell it or rent it out. By renting it out, you will earn a steady income each month. By selling it, you may earn a higher profit so you can even purchase another property for your next investing. However, selling a property can be challenging as well. There are different methods you need to choose and the process can be also overwhelming if it’s your first time. No wonder that many homeowners and investors hire a professional broker to help them deal with the selling process. It is a good decision since it makes everything more efficient.

Important Points to Consider for Selling a Property

Points to consider in selling the property

There are procedural processes when it comes to selling a property. Every transaction in property business should be taken legally since it is protected by law after all. The process of selling property includes property evaluation, hire property agent or broker, decide the method of selling, advertise your property, wait for potential buyers, and close the deals. After understanding the process of selling a property, you need to know as well important points to consider when it comes to selling a property. Here are they:

  • The purpose is an important point when you decide to sell your property. It is highly recommended to think of the reason why you need to sell your current property. If you decide to sell it because you want to use the profits to grow your business then it is reasonable to do it. However, you may be challenged with the market dynamic at this point. The proposition is tricky in the market. One thing for sure is that you have a clear purpose after selling your property which is to turn it into other properties or something that can help you generating future business.
  • Next point to consider is rental property costs. Remember that when the time goes by, your property is getting old. There is a possibility of something happen to it. For example, the older your property is, the more repairs need to be done. Any damage to the property will influence the value of it. Therefore, you need to take action and start finding the right way to sell your property once it becomes a burden than an asset to you. Then, you can move on to the next property to invest in.
  • The dynamic of the market keeps changing. It influences the interest rates or loan programs. As the result, it will also change the level of buyer demand. However, it is more important to find the list price that you are most comfortable instead of waiting for the market. It is important to watch the bottom line. However, you will know that it is not worth holding out for the maximum sales price in the market. The market is an important point in selling the property but it is not the ultimate consideration. It is one of the factors you should consider to make a decision that won’t make you regret later.

The Right Time to Sell Your Property

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For investors or homeowner, the property is a valuable asset so selling it would be a challenging process. No wonder that many investors even rely on professional property broker to help to decide what kind of method that should be used to get the best deal. Some investors do thorough calculation and estimation a show they sell their property the right way so they won’t suffer from loss and give the buyer satisfaction at the same time. Determining the best price before selling it is a must. However, it is highly recommended to set the best price both for the seller and buyer. When you set unreasonable price, it is highly possible that the buyers are not interested.

The Right Time to Sell Your Property

Finding the best time to sell your property

Back to finding the right time to sell your property, here are some important factors you may need to consider before making any move:

  • First is the cash flow which has a powerful impact on your bottom line. However, you shouldn’t only rely on the rise of the price because it holds less impact on your bottom line. Thus, you may need to calculate everything first. However, it is possible that even after all the closing costs and other expenses, it turns out that the bottom line isn’t as great as you thought it would. When this happens, it is highly recommended to hold on your property instead of selling it. You can rely more on your monthly income from renting it out. This type of cash flow is safer. It is because rising home prices can also lead to higher rental demand. Thus, it may earn you more benefits.
  • Next is the real estate market which keeps growing each year. Keep in mind that your decision to sell your property will also be based on when you bought it as well as how much the equity you have. This is why you need to predict the market before selling your property. Once you have a thorough look through the market, you will have a better vision as to when you can hold or sell your property.
  • The next factor is expenses. When it comes to selling, the expense can be high or higher. It is due to real estate commission, taxes, as well as other closing costs. Those will impact your bottom line. If you consider selling, the number should be accounted for. Thus, it is also possible to wait for another few months so the price will be higher to sell.

It is important to find the right time to sell your property so you get the best deal. Besides, you will need time to consider what kind of method you should choose so that your property will be sold quickly at the best price. There are various methods you can decide. Or, you can ask the professional broker to help you choose the right method. Two common methods in selling property are through private sale and auction. Both have different challenges and benefits so you can take your time and chose the best method you are most confident with to use.

Challenges You Possibly Face When House Hacking

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House hacking is one of the promising investing strategies in real estate business. This is especially suitable for new investors who want to start investing but still don’t know what to do. This is a good start in property investing because then you don’t have to jump directly in property investing world. You will learn everything steps by step by being a good landlord first. However, you will still earn your passive income each month while slowly learning more about property business. Thus, you also have more chance t save up for next investment when you are more ready to start investing in higher scale than house hacking.

Challenges You Possibly Face When House Hacking

Challenges in-house hacking

Every business has its challenges and problems. This investing is a great strategy especially for new investors who haven’t purchased their own home yet. House hacking is also not only for those who live in the multifamily property but also those who live in the single-family home. However, house hacking also has some challenges you possibly have to face once you decided to start this strategy. Here are some of them:

  • House hacking will be much more challenging if you are the type of person who cares so much about personal space. Having tenants living your next door doesn’t mean your personal space will be constantly invaded. However, it may reduce the sense of personal space and it may make you uncomfortable. However, this shouldn’t be a problem if you make clear lines about how you as a landlord and your tenants live peacefully side by side (in the same home or same building but different unit).
  • You haven’t had the experience to be a landlord so you don’t exactly know what to do when there is tenant live next to you. This issue can be solved if you are willing to learn how to be a good landlord. You can read articles or book about property business so you will know what to do. You can also ask your friends or families who are landlords.
  • Finding a good deal can be a challenge especially in the beginning when you still figure everything out. However, this is actually not a challenge for house hacker only but also for many investors. It is important for you not to go in a rush. You can do some research first about how the property market around you first before everything. Thus, you will have something to help you figure out how to find the best deals. It is also important to calculate your numbers so that you won’t make the wrong step.
  • You have trust issue so it is harder for you to find ‘good’ tenants. It is indeed important to find good tenants. Because you just can’t rent out your house to tenants in a bad manner. You may need to learn more about tenant screening process to find the best tenants. Thus, you will be happily and peacefully live side by side. Make sure you try to get to know more about your potential partners before making any deal.