Business & Property

How to know if Your Property Business is Valuable

Running and building property business is not an easy feat. There are many challenges in the process of securing deals and closing them. However, it is worth it when you are able to build your business to grow bigger and more valuable. There are many roles in which you involve in property business.

You can become a realtor, entrepreneur, investor, or simply a broker. Each role has different due diligence but the goal is quite the same which is to make the business valuable and profitable for a long term.

How to know if your property business is valuable

However, it is also not uncommon to find individual who aim for short term personal income. However, this can cause losing a chance to earn million dollars instead.

The process of building property business is not easy since you need to build revenue, make sales, create your own brand, and make a solid team to work with. In the end, you will need to accumulate your business value to see if you have gained progress throughout your attempts.

By finding about the value of your business, you will be able to plan, organize, and sell the venture when in need. Here are ways to value your property business:

  • The first basic way is the asset value. This is where you value your asset’s worth. There are many things you can to add the value of your asset besides physical things such as desk, laptop, etc. Things like staff, trademark, and even income producing contract such as leases can add to this value as well.
  • The next approach is income value which has been familiar for those who are already involved in property business. You need to value based on the stocks are quoted on price. Then, you need to value the earnings ratios as well. Not to mention that you need to value the super-sized valuation of hot tech startups. Remember that buyers will be more interesting to buy future cash flow. If your income value is low then your chance is also lower to sell your business when the opportunity comes.
  • Team value is also another way you can use to find out your real estate business value. Remember that your team is a great asset. In this business, your team is being purchased for their talent. The stronger your team, the more value you have in your property business.
  • Another method is VC or Venture Capital in which you combine several different ways to find out your business’s worth. You will need to value the fundamentals, management strength, as well as cash flow.

When you are trying to value your business’s worth, you need to pay attention more n important factors such as brand strength and recognition, resources, technology and system, strategic channels and partnerships, traction, contracts and recurring income, market timing, etc.

It is important to understand more about business valuations. You need to know how it works so you can create a better plan to increase the value of your property business.

Please follow and like us:

Reasons why Real Estate Investing Takes Time to Success

It is not a secret that real estate success doesn’t happen overnight. However, lots of new investors are still adamant to think otherwise especially when today everything seem more reachable, hanks to advancement of technology. However, technology is not everything and cannot determine to fasten the time to gain success in real estate investing.

Why real estate investing takes time to success

There are many things to consider building the business. If you aim for long-term success then you need to do everything right. To do so, you need time to choose the best plan, calculate the right strategy, as well as make backup plan just in case your plan doesn’t work your way.

What does it take to gain success in real estate investing?

The most important things to do to succeed in real estate business is that to do your due diligence. Here is what you need to earn success in real estate investing which last long:

  • Work hard is certainly a must when you get started with this business. It is not only about obliging basic works but you need to be active throughout the process no matter what kind of works you need to handle. You need to work extra especially when your focus is on rehabbing and flipping. It requires the most work compared to other types of real estate investing. You need to work harmoniously with the contractor, keeping an eye of the budget, and other important things. It is important to make sure that everything is in the right order.
  • Time commitment is something you need to earn success in real estate investing. This is a big deal in this industry. If you cannot commit your time doing your business properly then it’s going to be hard to reach your goals. From finding to closing deals, it takes times. Even if you work in team, you still need to allocate your personal time at some points. Spending eight hours per day will be not enough to score a deal. It is true that there part-time investors out there. However, it is a must to have time commitment once you choose to become a real estate investor whether you are part-timer or full-timer.
  • Gaining knowledge in numbers is important to reach success in real estate investing because this industry is about number anyway. Everything revolves around number. Calculating every step is a must when it comes to handling real estate business. You need to calculate everything from small to big things. Every decision you are going to make should be based on numbers. Understanding return, expense, and profit is a must.
  • Education is also important to earn long-term success in real estate investing. Education doesn’t always mean formal school. The most important thing is you have knowledge about the market, negotiation skills, quality of work, and other important factors in this business. You can gain knowledge from any sources such as online journal, books, real estate TV shows, or local networking clubs. It is important for you to be willing to learn anywhere and anytime.
Please follow and like us:

Why is Real Estate Wholesaling Promising?

There are many ways you can do to involve in property industry. Even if you have limited budget to begin with, you can still build your real estate career just fine with the right strategy. People in property business face different challenge and fears in order to achieve their goals. Some of them struggle to gain money properly. Some others find it hard to understand the process, and many more of them. Facing fears while trying to build up your real estate career is not new. It is indeed common and it will be weird if you don’t face any of them instead. However, there is always solution for every issue you face. You just need to find the right time and chance to implement the right strategy. Thus, it comes to conclusion that wholesaling can be one of the best ideas if you face many fears in building your real estate career.

How real estate wholesaling benefits you?

Insufficient capital is the most common issue most people face when it comes to real estate business. Even though some experts even say that capital is fixable matter in this business doesn’t mean people stop struggling from it. However, you might as well start considering real estate wholesaling if you face this particular issue. Why wholesaling is such a promising investing strategy in property business? Let’s find out some benefits you can gain from this idea:

  • Faster profit is what you can gain when you decide to choose wholesaling idea in your real estate business. If you choose rehab, rental, or buy and hold properties, you will get the profit later than wholesaling. The profit you will gain from investing in fix and flip property for example, will require you to do some fixing here and there before it is presentable to sell worth living. If you have other job to cover your bills then it must not be a problem. However, it will become one if you need quick money to pay your bills diligently.
  • Some investors reconsider using wholesaling idea for their property business due to less profit check you get than rehab. Most people is quite disturbed with this issue emerging from wholesaling idea. However, you can make multiple wholesales since this method is quite quick in the process. By saving the profit you get from multiple wholesales, you can even start your own house flip in the near future.
  • Wholesaling is beneficial if you can find the correct method to do it. For example, it is essential that you find motivated seller. They tend to be in a rush to sell their property. It often leads them to sell it in lower price especially when their property is not in the best condition.
  • Wholesaling is beneficial when you can calculate and estimate the number very well. Start your way by inspecting the property, walk through it, and estimate the repair expenses. Then you need to come up with clear and approximate after repair value to determine the price of the property.
Please follow and like us:

Important Points to Consider in Rehabbing Property

Rehabbing your property so it has increased value is the key for successful selling. However, you may need another level of rehab if you want the result goes extraordinary. The rehab you plan is supposed to be the right key for upgrades, eye-catching, and more attractive features. However, upgrading rehab property is challenging to say the least.

Imporatnt points in rehabbing property

The owner should decide which part that’s worth upgrading and money more importantly. Boosting the value of your rehab property is important if you want to add your profit.

Points to consider in rehabbing property to increase its value

Basically, there are many ways you can do in order to increase the value of your property by upgrading. The point is, decide which points you will have upgraded with and make sure to choose the one that’s worth your money so that you can earn promising profit in return. Here are some points to consider:

  • The first and basic is new coat of paint. This is basic but still impactful to make your property get new look. Fresh paint will make your property lighten up even without the need of heavy redecoration. In order to get satisfying result, make sure that you choose only quality paint. You can decide the color scheme based on the theme of your property or your interest. For example, if you want to ooze out soothing and calming mood to the room then you can choose light and neutral colours instead of the bold ones.
  • Lighting is another point that you may consider to upgrade. Lighting can help setting the mood. Attractive lighting will make the room looks attractive as well. Set different lighting for different room to create certain mood. You can install different lighting source from simple bulbs to tall floor lamps. Maximise the potential of lighting by upgrading the window so that the source is not only from artificial lighting like lamp but also sunlight. You can opt for windows with energy efficiency so it will help reducing energy bills as well.
  • Flooring has significant impact to a property. You can cover the flooring or replace it entirely to create new look which will be more captivating. People prefer hardwood floors these days so you may consider this. Make sure that you hire professional to handle floor repairing or replacement especially when you are intended to install hardwood floors. You need to keep in mind as well that this type of upgrade to your rehab property takes time than other upgrades. You can find alternative if it costs beyond your budget.
  • If you want to go extra for the look of your property, you can choose landscape as a point to upgrade. It means, you can focus on the exterior part of the property. This is optional but still impactful because it is not merely about look but also about accessibility. You can do basic things such as trim the grass, cover the pathway to the front door, put container plants to make your property looks more appealing.
Please follow and like us:

Reasons Your Business Needs the Graphic Design Agency

The need for professional designs is increasing over time. If you are the owner of a business, there are many reasons why you will have to get the professional graphic design services. Therefore, one of the thing you have to looking for is an agency.

Graphic design agency will give you more advantages than you have wished for. The designs you are ordered are also professionally worked and finished. In case you need one or some revisions for all the designs, you can simply get in touch with the agency and the team will always considering your insights.

What you can get from a graphic design agency?

All the design works you can’t be done by yourself! That’s the short version of what the agency will actually do for your and your business and it all worked professionally. It will be best for the design results than made by you whom are, let’s say, as the amateur one.

Images, typography, and all the design elements needed will be assembled into one regarding to your business need. All the works will be done with some purposes such as to help improve the appeal of the business, make your business stands out from the competitors, will give your business the professional reputation and many more.

Reasons why your business needs the professional graphic design agency

But, those are not all the benefits of what your business can get, there will be more of that you can possible earn even the unthinkable ones.

1. Does the business branding matter for you?

Like it or not, branding is important for establishing your business. Either you know how to do it since the first time or not, most of the business owners are trying to build a trustful images, best product or service claiming by the customers, the way how your business remembered by the customers, and more. The better of your business brand, the more it will be remembered and recommended by the customers. So, where the graphic design agency stands in that case?

The brand identity can be started from the logo of your business, the specific fonts it usually using, the specific colours, the tagline or your business motto and some more. If all what I have mentioned and the others are kept the same throughout, the customers are possible to considering that your business is demonstrating the consistency and the instills trust.

But what if you have the otherwise designs? Then your business is possible to get the feedbacks that you have never wanted. That’s why the professional design services are needed. Building a business is also building the long-term trust and the graphic design agency will help you with that.

2. Let your business design needs done by the expert!

You are building the professional products or services so far, you won’t give your potential customers other than that, right? You have experienced the trials and errors before launching your business just to make sure that you are giving your customers the best they can get.

Best products or services are also need to be served in better way. Be it the product package, description and all the valuable information. You have to display them all in more valuable manner. It is like serving the foods for the customers, even though you have the best and tasteful foods in the town, but as long as you don’t know how to do the “food plating,” then you have lost many customers or even the foods won’t be eaten.

I am not saying that the better graphic design will improve your customers, but it is one of the great way that will leads you there. By the great knowledge and experiences of the graphic design agency team, you will get the best designs done by the experts.

Take a look of the bad designs as an example. You won’t get such designs for representing your business, right? That’s also why that the professional designs are the good and the long-term investment for your business. Good business needs the expert, not an amateur work! Knowing that benefit, design agency works aren’t as expensive as they are seemed before.

3. Pride for the business owner and the employee

I have seen many businesses were making their own team clothes. Sure that there will be logo and other design elements on it. I have also been experienced in using the company shirt that make me proud of it. At least, you will think that the cloth will make you feel shame when wearing it even for your daily routine.

It may only has small impact when the pride of the employee are appealed by the designs, but it may also the great way to make them commit and embrace the company’s brand which is the good thing to know. Later, all of us may be proud of have became the part of the company.

The important things to know are it is reflecting the company’s vision and also the positive atmosphere for the company. Who knows that it will also contributes in increasing the productivity of the company.

4. Better and professional designs will lead your business to get more interactions

Eye-catching images, the simple logo or designs but spoken thousands words, etc will also contribute in improving the company interaction with the customers. Your business social medias are possible to get more viewers, shares, or even the followers. The professional designs you have got from an agency are possible to open the communication lines with your customers in any imaginable ways.

As you have known that the graphic design agencies are also highly committed to business practices and standards to serve the clients. By this, there will be improvement for the public or customer understanding about the value of your business.

Your company logo, typeface, marketing materials, packaging, colours, the official business website’s layout are contributing in establish the immediate impression of what your business is like. It can be seen traditional or modern, funny or serious, and other impressions. So that, you’d better careful with all the design materials you have got and that’s why you will need to hire the graphic design agency around you.

In case you will need one, you can contact one of the best and professional graphic design Bali services. Whenever and wherever you are, that won’t be a problem at all since you can ask the agency to work all the design projects you are required.

Please follow and like us:

Find Out Your Mistakes of Brand Marketing in Property Business

One of the main reasons why you need to promote your business is to raise brand awareness. Your brand is certainly one of the most essential things when it comes to building up your business. Without a brand, you won’t have reputation and credibility. Online marketing is effective way to make people acknowledge your brand. It has more potential to generate leads which can turn into promising deals. Meanwhile, the competition in real estate business is fierce enough that should make you aware of how important it is to be step ahead and different from the others. Thus, your brand will be more stand out. Your brand should represent your identity, integrity, and credibility.

Find Out Your Mistakes of Brand Marketing in Property Business

Analyzing mistake you make in brand marketing

 

The important of brand is to let people know what your business is capable of. What kind of solution your business offers to the customers and how you deliver the message effectively to them. However, it doesn’t stop there. You still need to continue until you can prove your customers that your brand and business are worth it. Here are some mistakes you may find while building and maintaining your brand marketing:

 

  • Instead of making and opening too many accounts in social media, it is wise to choose only three of them where you can get the most potential of traffic. Handling too many social media accounts is not efficient. You won’t be able to focus and the result won’t be positive. Thus, handling three accounts gives you more chance to stay focus and improve even.
  • Content is important factor in online marketing. However, it is also important to choose the content which has related keyword. Content with keyword optimized will be more impactful in generating leads and traffic. It is important to make your website in high rank in search engine. It is recommended to choose long-tail keywords.
  • No matter how great marketing strategy or content is, it won’t give good result if you choose wrong target. Thus, make sure you reach out the right people as target. You can use cookies and tracking pixels to help you choose the right target.
  • Focusing too much on computer device is not a good idea in online marketing. It won’t do any good in building up your brand awareness. Remember that people spend their most time on mobile device. Thus, make sure that your website is compatible for mobile device.
  • Not caring about the content in your website will only damage your brand. Content is as important as keyword optimized. Thus, you need to make sure that your content is not only about keyword which can boost up the traffic but also will make the visitors of your page stay and keep coming back. Therefore, you need to make original content which can educate and help customers. Educational and inspirational contents are now more preferred since internet users are smarter now. By creating original, educational, and inspirational content, you brand have more values that you can expect.

 

Please follow and like us:

What is Sustainability in Construction Industry?

The matter of sustainability, or a more popular term, “eco-friendly”, is something that fortunately more and more people have taken notice of. Although the move to being wholly committed to better, more sustainable materials and means still leave much to be desired, at the very least, the awareness of the idea is now widespread. A lot of people have adapted the idea of sustainability, and this is largely about their way of life, including how they construct their dwellings.

Sustainability in construction industry

These days, people have their very own definition of sustainability. Therefore the meaning can vary greatly from person to person. However it needs to be noted that the core issue of sustainability is the demands of energy human activities, construction in this matter, imposes on the environment. The depletion of resources is one of the main issues addressed in the matter of sustainability. The impact of said activities, in this case, largely addressed the carbon footprints left by humans, is also one of the most pressing issues sustainability aims to give solutions to.

Some people, more practically, define sustainability in the distribution of the materials. This is where locally sourced products come to the forefront of the scene. If a product is locally sourced, that means it requires little energy in its delivery to the designated place. There won’t be any needs for long distance motor transport. This, in turn would decrease the impacts on the environment through the fact that the locally sourced products would stimulate much less carbon emission.

Others, more fundamentally, define sustainability in the embodied energy of a materials. Embodied energy refers to all of the energy consumed by all of the process associated with the production of a building. This corresponds to the entirety of the issue in energy consumption and carbon emission produced in the building of a house. Embodied energy generally covers the whole process from mining, processing of the materials, manufacturing, transportation of the materials, and product delivery.

The issue of sustainability centers around everything in regards to the construction, and later on, activities, in regards to the demands imposed to the environment. Sustainability is a broad subject that needs to be approached with context. Although with all facets of sustainability, the core idea needs to be upheld and regarded as the very definition of the concept. Sustainability in construction industry includes the mindfulness of natural resources; the usage, the depletion, the impacts, as well as the natural environment as a whole.

It’s been reported that almost 50% of UK carbon emission came from the built environment. Built environment refers to any aspect of surroundings built by humans. The counterpart of this concept is the natural environment. The built environment encompass anything from residential houses, industry constructions, roads, as well as parks and man-made water bodies.

The whole matter of sustainability is largely a journey. And it would take a long, long time, before humans will be able to reach the ideal state of sustainability. This comes with the issue of what is “ideal” in terms of sustainability in the first place; as the idea could be stretched on indefinitely. The most important thing is progress. And any kind of improvement that humans are able to achieve is a cause for celebration.

Please follow and like us:

In What Age Should You Start Real Estate Investing?

That is one of the most common questions asked by those who start getting interested in real estate investment. To answer the question, there is no ideal age of what to start this career. When you feel like you have finance that can support you, well-prepared plan, as well as motivation then you are good to go.

What age you should start the real estate investing?

Real estate investing is of course not an easy feat to do. There are competition and challenge that will either motivate you or stop you. People say early 20s is not ideal to start a career in real estate investing. Or, people also say that those who are 40s are too late to start. However, age is not ultimate key to achieve success in this career.

When you should start your career in real estate investing?

As mentioned before that age is not ultimate key which can lead you to successful career in real estate investing. It is more on your readiness both mentally and financially. If you are already armed with proper knowledge, steady finance, and thorough plan then you are ready to start your career. Here is consideration to support the statement that starting career in real estate investing doesn’t depend on how many birthday candles you have:

  1. If you start your career in your 20s, you don’t need to think it is too early. Instead, you can take this opportunity to learn better since you have much time. You have time to gain experience as well in the process. You don’t have to rush and slowly build your career instead. However, you may also face challenges from being a your investor early. One of them is your credit score. This is due to your limited saving and experience. Thus, you can start with wholesaling since it comes with limited capital requirement but plenty opportunities. You can use your energy and time in this path to start your career.
  2. People say ideal age for real estate investing is 30s and 40s. This is where most people are in their peak of earning power and large network to work with. Those seem to give more benefits to start a career. However, it is also the age of when people have more responsibility in their life as well as bills to pay. To balance all the responsibility and starting promising career in real estate, it is best to take advantage of the ability to secure credit, work experience, and large network. Those will lead to successful career. This is a great way to build strong foundation for financial future.
  3. It is not wrong to start a career in real estate investing on age 50s and beyond. Remember that there many types of investment in real estate business. The most recommended investment is rental property. This is great for those who are in 5-s and beyond to buy and hold passive income. Rental property asset is promising investment to earn passive income without being too active or aggressive in managing them.
Please follow and like us:

Remove Yourself from Bad Property Deals

Withdrawing form bad deals in property business needs some skills. Bad deals are supposed to be avoided but somehow even seasoned investors can’t help to get involved in those. This is because deals in property business are not always crystal clear. However, you can avoid severe loss from bad deals if you know how. In property business, beginner investors are likely prone to having bad deals. This is because they tend to miss the important of financial senses confirmation. They realize they make a mistake when they have already submitted an offer. This is not an ideal situation but with some knowledge, you will be able to back out to avoid severe loss.

How to back out from already submitted bad deals?

Before finding out the ways to save you from bad deals, it is important for you to know that making plan from the very first step is essential. You need to make well-planned system. Thus, you will also need to make a plan for safety net especially due to multiple deals you will need to handle in the future. Your well-planned system will help you make calculated moves and backup plan. Thus, you can only get deals with high rates as well as quality and profitability.

  • The first way to remove yourself from bad deals is to talk with the seller. This is what business goers do. This is simple yet the most effective strategies. You may think of sneaky ways to exit the deals but by talking directly with the sellers can be more convincing. You can talk honestly about your situation and why you need to cancel the deals. If you are honest, the seller may be willingly cancelling the contract or offer new deal with new terms that will suit your needs. Every seller may give you different reaction but at least you have shown your honesty and integrity instead of disappearing to nowhere without giving proper explanation that can result in worse scenario later.
  • Re-read the contract or agreement of deals you are going to sign several times and find out points that can help you wiggling out from bad deals. One of them can be mortgage approval. In most contracts, there is always specific date in which you should obtain financing as to define the contract. If you fail to do so then the contract is cancelled automatically. This will allow you to earn back your money deposit. Thus, make sure to re-read every term in the contract and find out about mortgage contingency since each contract in every state can be different.
  • Appraisal is also can be used as a way out from bad deals in property business. As an investor, earning a good deal by buying a property is a goal. Remember that in the process of buying home, there is a rule when licensed appraisal comes and visit the property to estimate the exact value. If the appraisal price is too high then the lender may likely not agree with a loan. Thus, you can exit from this deal.
Please follow and like us:

Reasons Why Should Buy Villa Bali

Luxury, classy and comfortable are the explanations of the villa. Today, villas are increasingly popular and popular with tourists. When you arrive at your choice of accommodation while on vacation, you must choose according to your needs. Group, family or honeymooners are right when choosing a villa as accommodation. It is not surprising that investors have seen the opportunity to explore the benefits of villa rentals.

Buy Villa Bali

Villa is very familiar in every country. Even in tourist destination areas, villas are designed and built so perfectly with amazing views. The price offered is also fantastic. Bali is one of the tourist destinations that are in the spotlight of the world because it offers many activities for tourists. If you have excess funds, buying a Bali villa can be one of the most profitable investments.

The value of a property always increases. This is a fact! There are many reasons why buying a Bali villa is perfect for your investment.

Buy Villa Bali And Get The Advantages

Bali is never deserted from tourist visits every year. Even people are willing to pay high for accommodation, especially during high season. Accommodation options when on vacation from hotels, resorts, villas to guesthouses. Budget conditions and the number of vacationers can be a consideration to find suitable accommodations.

When buy villa Bali is an investment, renting it out gives you a quick return. Renting out daily, weekly, monthly or annually, all of which provide benefits. Depends on what the villa owner wants. Maintenance of villas is important to increase the value of buildings. When maintenance is done properly and well, it will not be difficult to find prospective tenants.

Buy Villa Bali and enjoy retirement days

Bali is an exotic island dream and dream of many people. For foreigners, Bali is the perfection of life. The culture, tradition, atmosphere, and friendliness of the local people is the attraction of Bali. Some areas such as Sanur, Ubud, Uluwatu or Jimbaran become strategic locations for retirees. Away from the hustle and bustle, the quality of life for retirees is more perfect.

Cheaper Than Other Tourist Destination

Property prices in Bali, compared to other destinations like Hawaii Thailand, are much cheaper. But, the market segment of foreigners’ desire to live in Bali is higher than in Thailand. Every country has rules for buying property, especially for foreigners. There are many rules and procedures that must be completed to be able to buy villa Bali.

Please follow and like us: