Author Archive: Noelle Day

What You Need to Know About Property Development

Property business is widely ranged into different branches and categories. One of them is property development all is also called real estate development. This is business process involving necessary activities such as renovation, re-lease the existing buildings, or buy raw land in order to sell it to gain more profit later on. In these activities, the one who is responsible is called as property developer. They can work in person or in team. If the business grows well, there is possibility to start building real property development company.

However, it is also common for people to mistaken property development as construction because it’s not the main idea of this term. Property developers do the process of construction but it is not the main activity and only part of various processes within. You must be curious of why choose this path of career in property business. Well, here are some reasons on why this business is promising:

  • The main goal of this business is to get money. However, this business is also a way for you to save money. Since your project could cost 20% below the market and the profit is promising.
  • You will get better return for the rental and this is good news because then you will be able to to pay the mortgage.
  • This is a better choice if you aim for easier finance since it provides better leverage.
  • The tax benefit of this business is great especially from new property.

What to do in property development?

If you have decided that this business is promising to get you better future, then you need to figure out next actions to take. Here are some tips for your easier starter:

  • You will need to talk and ask for help from important people. You can call as team member. Those are real estate broker, finance planner, lawyers, accountants, architects, engineer, building contractors, marketing planner, project manager, and construction manager. Those are absolute members you will need to run this business.
  • Make a clear finance limit so you know exactly how much you can afford to invest in development project. You need also find a way to get your finance. You may need to contact banks or lenders.
  • Next step is to find ideal property. To get this right, location is always the first priority. The better the location, the greater the profit you could get. You need to set your target as well. For example, you set family as your target so you will consider building more bedrooms to accommodate their needs.
  • The next step is the most challenging because you will get to the real action started from purchasing the property to completion of the development process. This requires many steps but if you do them right then you won’t face any hassle.

The next step of doing property development is to decide your completed development property either to sell it to get higher profit or hold it on as your investment.

3 Things To Prepare Before Bali Scuba Diving Courses

Living on a beautiful and tropical island is the dream of many people. Being able to enjoy the sunrise and sunset is the best moment. Vacationing on the island of Bali as the best tourist destination provides many advantages. Getting underwater is an extreme experience that can open your eyes. Opening your eyes to see a world you’ve never seen before. Diving may seem very easy. There are many preparations to follow Bali scuba diving courses.

Do It Properly

Diving is not the same as swimming. Diving does not just go into the sea. Underwater environmental conditions differ from swimming pool or mainland. When deciding to dive, you must pocket a diving certificate. This is the identity card that you deserve to dive. The higher your flying hours, the higher the certificate level the more beautiful the waters you can explore.

What Happens With The Human Body When Diving?

While in the air, the warmth of a person’s body will decrease 20 times faster than when you are in the mainland. Without proper practice, you can experience hypothermia. Barotrauma is another disease that can be caused by diving. That is middle ear injury due to increased underwater pressure. Adaptation of the ear to high-pressure conditions can be done with equalizing or equilibrium.

When diving, a person may experience nitrogen narcosis. This happens because there is excess nitrogen in the body that causes a person to lose consciousness. In certain cases, narcotic nitrogen can lead to coma. This may happen to someone when diving with a depth of 10 meters.

What To Do Before Do Scuba Diving?

Waterskill

Bali scuba diving courses are your primary requirement for diving. Waterskill can be obtained when you are doing scuba diving training. If the basics of diving can be mastered, then you will master the dive field with ease. Waterskill base in Bali scuba diving courses is a 10 minutes training float. Swimming without a 200-meter tool should also be done as a training requirement.

Healthy Requirements

You should do a checkup stating that you meet the health requirements. Health history overall, chest X-ray, electrocardiogram (EKG), lung function, audiogram, visual acuity, complete blood test, urine test, and several other tests. You must complete the questionnaire before following the scuba diving courses at the dive center where you registered. Do not force dives if you have coronary heart disease and asthma.

Lean Your Dive Tools

Before a real dive, you must learn to know the dive equipment. For example, understand how the hose of scuba tube to breathe under the sea. The introduction of dive equipment is the key to your success or failure. Ask for details about the function and use of appropriate dive equipment.

What You Need to Know When Working With Real Estate Agent

For those who have no relation or experience to property business may have difficulties understanding some procedure of buying or selling properties. Thus, it is helpful to understand more about working with real estate agent. There lots of occasion when agent are offended by their clients because the cross the line. However, it is also understandable because not everyone is aware of real estate etiquette.

If you are going to hire real estate agent, it is better for you to know how to work with them so your business will go smoothly without clash or misunderstanding.

  • Real estate agent work independently which means they do not work for public service. Don’t expect them to work for free. They usually work on commission. When they close the deal, they get paid.
  • Real estate agents usually work for more than one client so they tend to be busy. Thus, make sure that you make appointment to be valuable and worth the time. Respect their schedule and don’t be rude by cancelling the appointment or reschedule it on your own. Inform them if you’re going to come late or cancel beforehand.
  • It is important to choose the right agent and not the best one. It is necessary to have interview session if you choose to working with real estate agent. Make sure to choose agent who is capable in their job as well as comfortable to work with.
  • Understand that agent has their own specialties. There are agents who work specifically for the seller and called as listing agent. If you are going to sell your properties, hire listing agent. If you are buying property, hire buying agent. There is also dual agent but most people choose to hire agent for specific task either to help selling or buying property because the possibility of conflicting interest is higher for hiring dual agent.
  • If you hire real estate agent to buy property like house, it is better to ask for their escort when it comes to attending open house. It is highly recommended that you let your agent do the job of asking important questions to the seller or their representative. You agent know what to ask and not to ask so you will be on the benefited side.
  • Make sure that you understand the contract before you sign it. Ask your agent about everything you need to know such as contract releasing rules, etc. By signing a contract with your agent, you both have your goals to be respected.
  • It is recommended to ask for agency disclosure if you are a buyer. Then, always inform your agent about everything you need or how you want them to communicate with you. Don’t hesitate to express your displeasure if you experience it.
  • Make sure that you hire real estate agent because you are ready. For example, don’t hire and sign up a contract with real estate agent if you are not ready to buy or sell property. That’s how working with real estate agent supposed to be.  

5 Advantages Bean Bag Chairs

The outdated traditional sofa may look antique to some people. You will not go back to using the 70s furniture. Maybe your home looks antique but you do not know how long the furniture will last.

But most people always replace the furniture in a certain period of time. There are various reasons people replace furniture. Damage is the reason most people replace furniture. Bean bag chairs are one of the timeless furniture.

Beanbag chairs were very popular in the 70s. You will find this is the right furniture for your home and a nice choice. This type of furniture is quite cheap, great and bring various benefits. Currently, the market is flooded with furniture and decoration to add life to the living room. Bean bag chairs are very popular in the market these days. This furniture is the perfect setting where you can get comfort and relaxation.

Get Healthy And Relax Everyday

If you experience stress at work, then home is the most comfortable place. Sit back relax can relax the muscles and eliminate fatigue. What if the furniture also does not provide comfort? These chairs are also perfectly used daily to improve the posture of the spine.

Safety and Trendy

A beanbag is designed and manufactured for the convenience of its users. In its development, the Seats were developed for comfort and safe use. Currently, they are made more quality with double stitching. With higher standards, then they are safe to use for all ages.

Perfect Decor For Home Or Office

Bean bag chairs are perfect for decoration. They look simple and luxurious. There are many choices of sizes, colors, and shapes to enable them to fit home or office décor. You do not need to spend a lot of money to buy it. Save hundreds of dollars and have a stylish and trendy space.

Portable

Imagine moving a traditional heavy sofa. You need a lot of help to move it. This type of chair is light so easy to move. You can move and take it anywhere. That is, you will feel comfortable wherever bean bag chairs move.

Perfect For Autism

he most important benefit of beanbag is as an autism therapy when at home. Bean bag chairs are able to follow their body shape while sitting. They can also be used as load therapy to train their arms and legs. Some children with sensory problems need the means to crash themselves hard and often. Bean bag chairs are the right furniture and safe for children with autism.

Find Out Reasons to Hire Property Broker

When you run a property business, you will get to know that property broker has significant role in the industry. Either sellers or buyers can practically hire professional broker to make the best terms. However, some people are not quite convinced to work with a broker. You may also need some reasons to hire property broker to sell or buy property. Basically, there is no obligation or law which forces you to work with a property broker. However, their role can be significant for your business since their main mission is to goal the best transaction and most ideal deal. Besides, it is not easy to find potential buyers or sellers as well.

Knowing the reasons to hire property broker to sell your properties

Real estate transaction is not something you can take lightly. It is a series transaction involving sellers and buyers as well valuable assets. Some people choose not to hire a property broker to save commission rates at some points. However, it’s highly possible that they end up spending more for going solo. Since property transaction is a major financial, hiring a property broker can be a great help either for buyer or seller. If you are struggling to find the reasons why you need to work with a broker, here they are:

  • Property brokers provide you better access since they have ability and logistics to track down what you need. For example, when you need to buy a property to invest in, it will take times in finding out potential properties to choose. Meanwhile, property broker will do the job for you and provide the listings so you just need to choose the most ideal one. Hiring a broker means you can save your precious time in the process.
  • The reason why you need to hire property broker is because the transaction requires negotiation. Not all people either sellers or buyers are good at negotiation. One of the most prominent skills of a broker is negotiation. They are good at that and they can deal with different types of people. Thus, they can help you to negotiate reasonably to earn the best deal.
  • Handling a contract and agreement of property transaction can be a quite hassle. Contract is important for the transaction because it needs to include some conditions. The contract is also meant to protect you so you need professional who know exactly what conditions to make and contract to handle.
  • Working with a broker is also more convenient since they can’t lie. They work based on trust with their clients, especially when you hire licensed broker. If they lie, their clients will be able to recourse. Their work is based on referrals as well as repeat cycle. Meanwhile, the risk of lying-based transaction is higher in direct negotiation between sellers and buyers.

If you find the reason why you need to hire property broker, make sure that you choose the licensed one who is also honest and trustworthy. Make sure you choose the right broker through the right selection process.

Why The Value of Bali Property Indonesia So Rocket?

Property is a smart and wise way of seeing quick profits. Indonesia is one of the countries targeted by world investors. Several major cities such as Jakarta, Bali, Bandung, and several other places attract investors. Bali property Indonesia one that attracts foreign and domestic investors.

Don’t Think Twice And Get Benefits

The needs of homes or inns in Bali are increasing every year. Increasing population in Bali became one of the reasons why Bali property continues to increase. Automatically, property values are also increasing. This is what makes many people think twice to invest because of the high price of buying property in Bali.

Why is Bali property more valuable? The rapid development of development makes the land of Bali increasingly narrow and increasingly difficult to find land for the wake. The value of property in Bali to buy in several years will increase and give 2-3x profit. The most important thing is to invest Bali property Indonesia in the right location.

Have you heard of the difficulty of getting accommodation during high season in Bali? The high demand for accommodation in Bali is increasing every year. Investors are increasingly active in building hotels, resorts or villas in various locations. This is the reason why property prices are more expensive. The more land demands the higher the property selling price in Bali.

You have to prepare more budget for investment in Bali. Do not be surprised if buying property in Bali can reach 2-3x more expensive than other cities in Indonesia. Villa is one of the most affordable investment options today. Think that you are buying a property in the form of land or a villa as a long-term or long-term investment.

There are things that can not avoid while on holiday to Bali like accommodation. You must prepare for a vacation with your family. During high season, do not expect to get a cheap hotel room. that’s why tourists are turning to rent a villa as an accommodation option.

Indonesia’s economy has experienced a decrease and increase and resulted in property prices. The advantage you can get to buy Bali property Indonesia is to have prices tend to or even increase. The lethargy of Indonesia property industry does not affect the selling price and buying property in Bali.

Villa Bali sale is one of the trusted and best Bali property Indonesia agency to get the best investment. You can search and compare prices of villas or land as an investment. Finding property agents closely can prevent you from being fooled by naughty local people. Do not let you be fooled, for it must follow the rules of seeking a safe investment in order not to harm you. Every step of your decisions in investing determines the benefits you get.

Find Out Useful Apps for Property Management

Whether you’re a landlord, an investor, or a property manager, you know fully that managing your property is a must. Without maintaining your property, you may lose your clients. Aside from relying on human resources, you can also rely on the technology such as useful apps for property management. As technology keeps advancing nowadays, it’s not hard to find useful apps that you can rely on for daily task including to manage your property properly with ease. Time and energy are important for everyone especially for entrepreneur. You need to work effectively and efficiently and that’s why you need useful apps.

Find Out Useful Apps for Property Management

Smart and useful apps for property management

 

Living in this era means that you have easier ways to go through many ways in your life. You have mobile devices that you can carry everywhere you go. Thus, you can easily install useful apps which help you with your property business. Some apps are free and some are not. However, it’s your decision to choose which apps is the most useful for your work. So here are some apps that you can choose to help you manage your property business efficiently:

  • PayByGroup is an app which helps you to collect money from your tenants. This will helps a lot especially when you manage multiple tenants. It will save your time instead of knocking the door one by one. With this app, you can avoid to deal with partial payments. This app can be used either for vacation rental market or residential property.
  • Rent Tracker is an app which can be installed into android, iPad, iPhone devices, and even PCs. With this app, property manager can enter contractors, multiple tenants, as well as buildings in just few clicks. This app is also useful for rent payment management which makes both property manager and tenants in ease.
  • Next useful apps for property management is Houzz app. This is a website that you can visit anytime through variety of devices whether mobile or PC. However, it’s now also available in a form of smart app which can be downloaded and installed into your mobile devices. This app helps you remodeling or decorating your property. Thus, you won’t run out inspiration to work with your project. The source in this app is varied started from photos of interior design, information of architects, contractors, as well as the reviews.
  • DIY landlord is an app useful for landlord or property manager. This app helps to organize property easily. Besides, this app also helps you to enter rent payments, manage your finance and fund allocation, as well as send or export emails. This app is available for iOS or android mobile devices.

Actually, there are numerous smart apps you can use to help you managing your property business. You can choose which one of them that is really helpful to ease your task. Now you know that technology is useful in many possible ways. You can run your business efficiently with useful apps for property management installed into your mobile devices or PC.

How to Build An Ultimate Villa Bearing the Soul of Ubud

Owning a villa in Ubud, Bali, is somehow different than in any other Bali beach towns. Instead of pretty beaches and coastal winds. Ubud is buzzing with a blend of spiritual energy, organic living, natural greeneries, and hip western touch to the modern shops and cafes.

How to Build An Ultimate Villa Bearing the Soul of Ubud

The sun-lighted coastal style might be best to apply at beach town villas, but a villa in Ubud need you to dig deeper to find a connection to the earth. Inspiration can come from ancient temples in the neighborhood, magnificent green rice terraces, and lush jungles that are always enclosing the area.

Open and Spacial Terraces

What makes Ubud, Ubud, is its closeness to the greeneries. Take advantage of the magnificent view of terraces of rice paddies and skyscraper palm trees by creating open terraces which directly faces the landscape. It invites guests to feel the refreshing scenery with all their senses; view of every shade of green at every direction you see, sounds of the wildlife in the rainforest, and the chill air gently blow at their skin. Direct connection to the surrounding nature suggests a luxurious private hideaway just in the heart of the jungle.

  1.  Put Framed Art in the Wall

Many great artists call Ubud home, as this town itself is a renewed arts hub. Take some of the artwork homes and put them on the wall—the larger, the better. The wall art gives an instant strong vibe of Balinese wisdom and culture to the room.

The art is not limited to painting. You can opt for Hindu’s god and goddess carving for art installation to bring Ubud’s spiritual tranquility inside the house.

  1.  Bring Tropical Foliage Inside

Indoor tropical plants ferns, palms, bamboo, or monstera leaves are what you need to strengthen what surrounds you outside, to the inside. If you are feeling bold, install a living wall to one of the areas, such as indoor garden.

  1.  Woods and Stone

Incorporate natural materials into the furniture and design as much as possible. Timber and locally quarried stones are great to bring out natural characteristic nature, but assembling a touch of bamboo will significantly enhance the taste of raw Ubud to the villa.

  1.  Open Space Bathroom

There’s something special about taking a hot bath while being privately exposed to the calming nature. A semi or total open plan bathroom with large bathtub is just what guest need after spending a long day walking down the town. Mix paving with pebbles and timber decking for a non-slip surface after the bath.

  1. A Villa in the Hill? Invest for Infinity Pool

An infinity pool is always a winner. Guest just love to snap photos of them visually swimming in the middle of the sky. A villa located in the hills could take benefit of the elevation, creating a sense of being in the mid-air without much effort. It’s even better when tall tropical trees growing from the ground below envelops your pool.

  1. Glass wall for visual extension of the room

While your villa is hidden among Ubud’s lush forest, replace some walls with glass to further blur the lines between indoor and outdoor. Guest can rest comfortably just across the wall overlooking the jungle, where they can not only be able to relax and rest their mind but also having a deep reflection of why we need to get connected with nature once again.

 

How to Score Your First Deal in Real Estate Investment

Being entrepreneur is not bad at all. However, you need to be creative and dynamic in many ways including to score your first deal. When you involve in real estate investment, you need to know how to make the best deal which will benefit you. Knowing how to score first deal in real estate investment will make you learn how to make other deals in the future. Of course, the first is always the hardest because you’re still lack of experience but that’s why you need to start understanding it as soon as possible if you want to make your investment worth it.

How to Score Your First Deal in Real Estate Investment

Make the best first deal in real estate investment

 

The main reason why you should bother to score the best first deal is because you need steady finance even from the start. Then, at least you have established pillar to rely on for the future. Today, real estate investment deals are more seen as golden tickets for the brighter future. Real estate investment deal is said to be hard to find and finding the best one is even a lot more difficult. Therefore, at least you need to know the basic crucial aspects so you can identify which deal is great in your real estate investment. Here they are:

  • The first aspect is healthy return, in which you need to consider paying fair cash on cash return. This will result in decent returns so your finance won’t be at risk.
  • The next crucial aspect is the risk. Any business has its own risk and you need to decide whether to take the risk or not. It is recommended that you take a fee simple ownership when you purchase investment property much to your benefit even though it’s quire risky.
  • As entrepreneur, your mind will tell you that time is money. However, you need to remember as well that you’re an investor, which means time can cost you. You need to find the best property investment which doesn’t require your time as well as energy but gives you benefit to rent it to a decent credit profile tenants.

After knowing fully what aspects you need to consider before scoring your first deal in real estate investment, you can go find the best deals. However, it is recommended that you start from a small one. The point is to find good beginning property and there’s nothing wrong to start with the small one. Then, you need to estimate your margin thoroughly. You need to calculate your aim for the return so it means you need to manage your budget allocation.

If you have difficulties with the budget, you can try to find the right lender. This will help you fund your deal. You need to consider taking long or short term loans with high or low rates. Once you find it, you may need a help from property management company so your investment will be overseen. Therefore, your first deal in real estate investment will become a great step to start.

 

The Prospect of Real Estate Investing

Residential area is what people need for shelter. With growing population, real estate investing is one of the most promising property businesses to run. The capital growth also makes this business hard to resist. People need safe and nice place to live both for their personally or with their family. Everyone has their own preference on what kind of residential space they want to live in. Some prefer minimalist and simple house, while others are into smart and modern living space. That’s why in this business the tenant’s wish should be granted.

The Prospect of Real Estate Investing

How to make real estate investing works

 

Real estate is asset for you to run. The value of your asset not only depends on its natural price but also on how you can maximize it. You can add the value of your asset by using the right strategies. Thus, aside from fulfilling tenant’s demands, you are also gaining profit as you expected before. Like any other business, you need to learn and find out how it works. Running real estate business is promising but the result is not instant. Besides, the more important thing is to have long-term and steady business instead. So here are tips to make your investment in real estate work:

  • Learn more about the type of real estate investments. There are different types of them such as residential real estate, retail real estate, commercial real estate, etc. This is important to know them all so you have enough knowledge how to recognize them and how to examine the potential investments.
  • Either you buy property for primary residence or investment, you need to select the most ideal one. Thus, you won’t regret buying it later.
  • Real estate investing requires you to learn more about ownership of properties. Since it’s your personal assets, you need to protect it from lawsuit. You can use LLC or limited liability Company to so you will hold your real estate investments.
  • You might think that buying real estate in low price will bring you profit. However, it depend on the condition of the property. If it needs major fix then you will spend your budget in fixing them before able to rent or sell it. If it takes much of your budget then your profit won’t be as high as your expectation.
  • It’s impossible to find perfect circumstances in which you buy ideal real estate, meet well-cooperated tenants, and earn great profit. However, it is possible if you research more about ideal property, potential tenants, and capital growth as well as current state of property market.

Running property business can be both promising and challenging. However, the prospect of real estate business shows higher potential to keep growing. This due to the growth of population which led to tenant demands for comfortable and safe living space. Since 2016, the prospect of real estate investing is getting better. However, no matter how promising and profitable the business is, you need to learn and run it with great plan and use your logic to set the best strategies.