Business & Property

Getting Started on Property Business: What is Real Estate Investment Trust?

Generally referred to as “REITs”, Real Estate Investment Trust is a form of investment created by the Congress in 1960s to give Americans the opportunity to invest in real estates. Real estates that are owned or financed by REIT companies are income-producing real estates. The existence of REITs allows average people to own or finance properties in the same way shareholders benefit by owning stocks in the stock market and by owning shares in corporations.

Common Types of REITs

There are numerous kinds of REITs that correspond to their own industry. Investing in these REITs must be backed with the knowledge and sufficient research to the corresponding industry, just as in the matter of any type of investment.

REITs may be publicly traded, in which the REIT company is registered and their shares are publicly listed. REITs may also be registered publicly, but their shares are not sold to the public. REITs may also be a private company that isn’t publicly registered and their shares are held privately. Regardless of this, REITs must follow a guideline to be legally acknowledge as a REIT:

  • The company must be a taxable entity (corporation). REITs must primarily own or finance real estate. Their investment must at least consist of 75% assets in real estates, cash, or US Treasuries,
  • REIT companies must pay a minimum of 90% of their taxable income to their shareholders in dividends.
  • The company must have at least 100 shareholders
  • Five or fewer individuals must not own more than 50% of the company’s shares.

Here are the most common types of REITs.

Residential REITs

Investors are advised to be aware of population and occupational growth when it comes to considering to invest in residential REITs. Naturally, the biggest residential REITs tend to focus on areas with the highest prices on individual houses, where people tend to prefer renting. Large urban centers and metropolitans such as Los Angeles and New York are their biggest focus.

Retail REITs

The financial state and health of the retail industry may very well affect the state of the REITs that focus on retails. Make sure to make an informed decision through industry assessment before jumping into retail REITs despite the sheer size of the retail industry and thus, retail REITs. Assessing future possibilities such as the gradual shift in trend to e-commerce should also be considered.

Healthcare REITs

Medical centers, hospitals, retirement houses, nursing facilities are some of the establishments healthcare REITs tend to focus on. Just as the previous REITs, the healthcare REITs financial state highly corresponds to the industry’s financial state.

Office REITs

REITs that focus on office buildings usually come from long-term leases. Investing in office REITs may depend on a large variable of factors, from employment rate, job vacancy, to the general economic state and growth of the area at large.

These are simply some of the most common types of REITs and the list is by no means exhaustive. You might be interested in a certain type more than the others. Make sure to do a background research for both the REITs company as well as the industry you’d like to focus on.

 

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How to Set Your Time Management in Real Estate Business

Time Management in Real Estate Business

Real estate business is not for the slackers. The competition is fierce and once you slack off, you will be left behind. Time management in real estate business is one of the most important keys to achieve your business goals.

If you think property business is all about capital, you must think twice because that is not all you need to achieve property business goals. There are other important elements and one of them is time. If you cannot make time to do this business seriously then it is like useless mission or wasted attempt to succeed.

It doesn’t mean you need to make your 24 hours for working. The key is good time management.

Ways to set time management to achieve your goals

Setting your time management doesn’t mean you are fully tied to this matter. Time management means you set the time to be more productive and goal achieving.

Thus, you will not end wasting your precious time by doing useless activities. Here are tips to set your time management so that you can achieve your goal in real estate business:

  • First thing to arrange your time management is to set your priority. It is important that you know what to prioritize. Only then you know exactly what to put first and last. It is recommended that you prioritize what needs to be done instead of what wants to be done. You need to know the most important thing to be placed in the first list.
  • It is also highly advisable for you to be creative in setting your time management in real estate business. This includes how you choose your system to run. 

    If you are roped to conventional time management, you will arrive nowhere. Thus, use everything that will help you make everything more efficient and effective. For example, choose direct mail marketing which can function even when you don’t have to supervise them.

  • Next tip to make time in achieving your real estate business goals is by trusting other than you to handle some tasks. It is not healthy and useful to put all task on your shoulder when you can share it with your partner. Handing off some task to your partner will make it more effective and efficient.
  • Analyze your time consumption every day. It is hard to critic yourself to find out which point of yours that leads to failure. However, if you can be fair to yourself and manage to find out your mistake, you will be able to step ahead. You need to find out which point that you tend to waste your time.
  • You might think you are invincible and can do everything without rest. However, your body and mind have limit. Forcing your body to do all work in short time only does damage. Thus, make sure you practice your self-care. It is better to schedule your time thoroughly by taking many points into consideration. This is great way of time management in real estate business to achieve goal easier.
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How Energy Saving Houses Can Save You So Much Expenses

The main function of a house is to protect its inhabitants from the weather, but unfortunately, modern houses are often built without keeping some of the most important basics in mind. Energy-saving houses aren’t just flashy, fancy labels or a trend—the basics of house building that’s in line with how nature works are as old as time itself.

Ideally, you’d be building the house that lets you stay warm during the winter months, while at the same time capable of sheltering you from the harsh sun during summer. The balance of the temperature inside of your house comes down to constructing an ideal space to keep the temperature comfortable with minimum use of thermostat. Here are some of the most important things to keep in mind to build constructions that could help you so much in cutting down energy cost.

Keep the Sun Orientation in Mind

House orientation with sun as the guide is an age-old method when it comes to dwelling constructions. It has a great impact in house cooling and heating. Temperatures inside the house often depend greatly on sun’s orientation. This is the most important step, especially when you’re building a home from scratch. In the US, rooms that face South will allow the most sunlight to come through. Remember an appropriate overhangs that will protect you from the summer sun that still allows for the sun to transfer its warmth during the winter days.

Insulation

A well-insulated house does not simply keep the insides warm during winter—it also helps reduce the impact of the sun’s heat during hot weathers. All of the exterior walls need to be insulated, as instructed in all building codes. One of the most commonly used insulation is fiberglass. It is an excellent material as an insulator and it’s also known to be resistant to fire. Aside from the exterior walls, foundation walls, attics, and slabs for houses that doesn’t have basement space are some of the most important places to insulate your house. If you’re building a house from scratch, make sure to research, consult with your architect, and insulate according to your house’s designs.

Cross ventilate

Cross ventilation is also known as the wind effect insulation. This method has been present long before air conditioner or even fans are invented. It’s a straightforward natural way for cooling, as well as to make sure the inside air of your house is circulated well. Ventilations are important not just to keep your rooms cool, but also to ensure the quality of your indoor air. By allowing natural air and wind to flow through your house better through cross ventilation, the cost of air conditioner could be reduced well.

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Exceptional Private Villa Bali For Holiday Comfort

It’s not a secret that tourists are focusing more on finding a villa as an accommodation during a vacation in Bali. Renting Bali luxury villas is more popular than booking a hotel. Many people think that renting a villa is more expensive than a hotel. Some think that budget hotels are expensive compared to villas. The villa is perfect for family vacation accommodation. Those who want to enjoy the atmosphere of Bali, know the lives of the local people, then the villa is the best.

Truly Private

What makes private villa Bali so special and the best accommodation? Considering referred to as private, this accommodation is truly private. Like your own home, you will only share the room with the people who go with you. Staff services such as waiters, chefs and security guards have separate rooms so that your privacy is well maintained.

Unique Building Architect

Bali has its own charm. Building architects in Bali are unique and different from others. When you see it, you will immediately know that it is the home of a local Balinese. Living in a villa with Balinese architecture and design feels very comfortable. Buildings in Bali usually have lots of open space. This provides high relaxation.

Great Value For Money

As said that the best family accommodation is a villa. Rental rates for villas for a family vacation will be very economical compared to hotels. You may not get the comfort, amenities and luxury services like in a villa. Private villa Bali is like their own comfortable and perfect home away from home.

A Number Of Bedroom

The advantage of private villa Bali is that you can choose the number of rooms needed. The difference in villa prices is usually adjusted to the number of rooms and other facilities. When it comes to vacationing with family, you will not be difficult to arrange accommodation and budget. Amazing Bali private villas for family vacation accommodation needs.

Most private Bali villas have professional staff. They will be happy to host tourists. They also know how to make tourists comfortable. The staff will always provide ideas for tourists relieving stress. Tourists who live in private Bali villas usually feel happy to be in the villa. They have made the right decision, rewarding themselves on a holiday with a lifetime of experience staying in a villa, not a hotel. Private villa Bali is the perfection of your successful holiday.

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Challenges in Property Business Partnership You Should Anticipate

Having partner in property business can be promising if you do it the right way. It is not common to fail in building proper partnership while building business in property industry. That is why knowing fully the challenges in property business partnership will help you to gain success with ease. Partnership is important because a partner will help you to cover up weakness points you have.

Common challenges in property business partnership

Partnership can balance out the power you need to grow real estate business. Having partner also means you have more resources and opportunities to gain the goals you have from the very beginning you start the business.

Common challenges in property business partnership you should handle

Generally, there are many challenges you will face when you swim into property business. However, since partnership is serious matter in this business, it is just right to know fully what challenges you will face while maintaining mutual partnership. Sometimes you just jump into partnership without considering important things so it ends up tragically instead. To avoid having failed relationship, here are the challenges you need to recognize and handle:

  • Different style in leading business and personal traits. Every person has different traits and quality. It leads to different ways in dealing with certain situation happened while running the business. This challenge is not that bad. It can be beneficial as long as you and your partner can compromise and think of the best solution. To avoid some clashes, it is important to outline specific details so everything will end up getting down on paper.
  • Lack communication as well as contrast expectation and different degree of commitment are challenges in property business partnership. That is why it is important for you to settle those matters before signing up the agreement/contract. If you have different goals from the beginning, it only leads to failure sooner or later. Therefore, make sure to draw the same line in those matter before making partnership.
  • Different skill can be a challenge in building healthy and promising partnership in property business. When you and your partner has significant gap in skill, there will be more chances to clash. To avoid problem in the future, it is important for you to identify your potential partner’s skill level from the beginning. You need to find the appropriate skill that match or complete yours. You can do it by having some trials to decide whether or not your potential partner is the perfect match for you.
  • Having different role is also considered as one of the most common challenges in property business partnership. This can create clash if you view from authority level or stuffs. That is why, it is recommended to set the roles based on skill and experience from the beginning or even before you make the agreement. The goal is to find the right harmony not to compete each other to gain higher authority. Remember that any role you agree to set for each other aims to open opportunities to grow up even more.
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How to Advertise Your Property Right and Sell It Fast

Interest in property investment has its own fluctuation. Some time it goes up, yet in other times it goes down. If you own a property and intend to put it in the market, you need to know modern and proper strategy to advertise your property and generate good sales. As you know, today’s buyers tend to do a good online research before deciding a purchase. Follow the lead. It’s now time for some millennial advertisement.

  1. Set up Digital Presence

Nowadays, digotal existence determine everything. If you don’t exist online, you simply invisible for any potential buyers. The first step is setting up every social media accounts out there. Make sure you are present in all big networking sites; Facebook, Pinterest, Google+, and Instagram. Publish bright and engaging pictures of your property to lure audiences.

  1. Hire Professional Photographer

Since you are going to publish many photos of your property, you will need a lot of pictures to begin with. Know that audiences are drawn into well-lighted, clear, and aesthetic photos. Nobody want to see crumpled snaps of a room or poor-lighted pictures. Pictures like this will not sell your properties. Make sure your property look spacious, clean, and roomy. It takes special skill to turn a regular studio apartment into a spacious room for enjoyable living. If you cannot produce such photos by your own, hire a pro.

  1. Make Them Share

People like to share something they like to their friends, and that include dream houses too. Let your audience spread the words. Simply adding sharing button to your page will leave a huge impact to your property business. More potential home buyers will be exposed to your property.

  1. Look What Competitors Are Doing

Keeping an eye to competitors is essential. Peek at their websites. Monitor if they are also active in social media as you. Don’t let yourself left behind the competitors!

  1. Advertise Your Town

What makes people want to buy a house? Sometimes it’s because of the design, some other times it’s due to the location. Make use of images of your town to advertise your property. Feature the local landmarks, recreational sites, and the wonderful nature of the surrounding landscape. Show the best of what your location has to offer. Make sure your potential buyers know social and cultural benefit that they will get outside the property.

  1. Reach the Social Ads

Since people spend most of their time in social media, why don’t you appear here as well? instead of house magazine and newspaper, locate your marketing budget to social and search engines ads. You can set up highly specific targets that will potentially, genuinely interested to your advertisement!

  1. Engage with Local Business

Partnership is one of the best way to strengthen your presence in the market and raise your value. Develop relationship with local business and set up creative partnership to advertise your property. You can host a Sunday morning in some part of your property. Have your logo embossed in one of the paper plate. It’s time to get out of your boundary!

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Tips for Sustainable Real Estate Investment

Sustainable real estate has become one of the most desired businesses to run in property industry. Sustainable real estate investment is now mostly preferred due to lots of concern people put to our environment and planet. Regardless of the powerful invention human makes to develop the world, the damage resulted from it to our Earth is crystal clear. Thus, people now are more interested in something that can go along with go green concept. Green property or sustainable real estate is what most tenants want now and so the investors are also more attracted to this type of investment.

How to maintain sustainable real estate investment

Investing in sustainable real estate is considered beneficial because the demand in the market is high. Thus, most investors now become more interested to invest in this type of property. Aside from promising profit, investing in sustainable property also helps to sustain the life of the Earth. That is why tenants and investors somehow have the same goal. Most tenants like to have sustainable and eco-friendly house because they wish for healthier and more comfortable living space. They like the environment of their surroundings to be somewhat closest to the nature. These days, it is quite hard to build living space within natural environment due to the growing population. That is why building sustainable property requires more effort and budget.

If you consider investing in sustainable real estate, you may need to consider some things before:

  • Do some research about the demand in the market. This is can be helpful to decide what kind of sustainable real estate you really need to invest in. This way, you can also be able to decide your targeted tenants which in turn help you to decide the type of property.
  • Decide what type of investment you are going to choose. You can choose to invest in a package where you purchase developing house and land or buy established property. Each type of investment has different requirements and results. You need to think carefully before spending your money for the investment.
  • Plan your budget carefully before investing in your desire sustainable property. You need to calculate your expenses and how to earn profit in return. Steady finance is a great start sustainable real estate investment. You need to decide either using your saving or get a loan from a bank. Make sure each decision is plan strategically for brighter future of your investment.
  • It is recommended that you hire a sustainable real estate advisor. This will help you to understand more about what you need to do and what you shouldn’t do. However, it leads to another challenge as well because you need to select the best advisor if you want your investments to be fruitful. Make sure to choose the right one. Once you find the best advisor, don’t hesitate to express what you need to know and what makes you concern about your investment. Thus, you will be able to make the right decision about sustainable real estate investment.
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The Benefits of Property Investment Seminar

Property business keeps growing and there are many factors contributed to the growth of this industry. There are also many beneficial things to do to build property business. One of the most beneficial factors is property investment seminar. Attending seminar is sometimes frowned upon people.

However, there are also many benefits to earn by attending property seminars. Besides, the interest of property investment is higher.

Thus, eventful resource like seminar is beneficial. The need to stay up to date with the current situation of property business is one of the reasons why people diligently attend property seminar.

Property investment seminar

Property investment seminar earning some benefits

Just like the Earth that keep rotating, property business also has its own cycle and dynamic.

Business keeps developing and changing, whether you like it or not. The only thing you can do is to stay up to date and keep up with the change in any conditions happened to the business.

That is why property seminar has become a helpful event in this business. Here are some benefits can be gained from this type of seminar:

  1. The first benefit of property seminar is information and knowledge. It is indeed easy to retrieve information through online media since everything today is quite transparent. However, nothing can compare with direct source of information through seminar. This event is usually held by property expert and seasoned investors. The knowledge and information you will gain is much more valuable than what you can get from online resource.
  2. Another benefit of attending property investment seminar is to get practical help of what to get started with the business. Seminar is not always about expert and established business. This is also a great event for the beginners because then they can retrieve practical help from the experts.
  3. The information you earned from attending seminar is more specific, unlike what you always get from online where they are usually exaggerated or underrated. What you get from seminar is more local and specific. You will not only gain knowledge but also experience you need to build your property business.
  4. Another benefit you can retrieve from property investment seminar is more access for more opportunities. No matter how skilled you are in running your business, you will always need opportunities to stay last. Through seminar, you have access to develop long term connection with other companies which can give you benefit. You can share and discuss personal investment strategy with others which are followed by analyzing current market. This is effective way to get better understanding about your next business plan.
  5. Next benefit of property seminar is you have great chance to meet with other people like investors or property advisors. Interacting with them will give you opportunities to gain knowledge as well as experience directly. This is what you call as an attempt in networking. This is basic need for any type of business. With solid networking you build through property investment seminar, you have more opportunities to build your property business successfully because you share your mind with people with same interest.
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Knowing What the Future of Real Estate Business Will Be

Real estate is one of the most promising business fields that people has become more familiar with. The future of real estate business also seems to be brighter with the growing population and rising demand. Lots of country develops real estate business with different method and strategy to keep them alive and profitable. For those who have been involved in real estate business must have sort of felt safe to say the least due to the significant growth. There are many factors causing the growth of this business to be more significant than other type of businesses. One of the most influencing factors is technology.

Technology and the future of real estate business

It is undeniable for the fact that technology plays important parts almost in every part of our life including business, specifically property business. The role of technology plays significantly especially to the marketing part. Now it is the time of digital marketing era. Internet is a form of technological invention that has connected people globally in unlimited way. Traditional way of real estate marketing these days has been long forgotten. This is due to the practicality and simplicity of digital marketing which put people more at ease to run their property business.

Traditional marketing in property business leave more vulnerability for lack of transparency. In the past, it is easy to get stuck in that situation. Today, everything is out in the open. The market is transparent enough which won’t put people in confusion. The needs to buy or sell home can be fulfilled in an instant without too much hassle in the process. Customers or investors can easily find what they are searching for through digital tools.

Customer vs. investors

With its practicality and simplicity of digital marketing, there is always a contradiction left behind to the future of real estate business. While customers are armed with information and data they need to find the most ideal home, it leaves investors and landlord in guard due to fierce competition in the market. It is essential to be different positively than the competitors to attract more customer and potential buyers. Thus, digital marketing for investors can be used as effective tool. However, the result can be as what they expected or the opposite.

In order to grow real estate business, investor should play smartly. Using digital market as the most powerful weapon to establish their business is the best way to conquest the competition in the market. Maximizing every potential provided through digital marketing strategies is not a bad idea to begin with. The availability of 3D devices and virtual models should be used to the max by investors and property seller in order to appeal potential buyers.

Technology plays significant role to real estate business not only in the matter of marketing strategies but also transaction and communication. Technology is used as the most effective tool to give more access between customers and investors. If technology is used at its finest, the future of real estate business is going to be brighter because everything comes in handy.

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What You Need to Do to Lease Commercial Real Estate

Commercial real estate is a great investment in property business. From this field, you have greater chance to gain high profit. However, you need more hard work when you are going to lease commercial real estate. The competition in the market is not something you should underestimate.

In fact, you will need better strategies than others in order to lease your commercial real estate with the best deal. When you decide to lease your real estate, it means you make a rental agreement that allows a business to rent commercial space from you as the landlord.

What you need to know before lease commercial real estate

You need to keep in mind that leasing process is not as simple as you thought. Commercial lease basically come in three forms. They are full service lease, net lease, and modified gross lease. You need to decide what kind of lease you will agree for your real estate property. The process when you decide certain form is quite long.

Lease commercial real estateUnderstanding each step is highly recommended if you want to have promising commercial real estate lease.

Setting parameter is the first thing you need to do. To make you easier, you can set it based on ideal customers, type of property, ideal size, budget, and accessibility. By using those factors to consider, you will have no difficulty with the wide range commercial property demanded by the market.

To be able to lease commercial real estate, you will need to work with reliable brokers. They can effortlessly facilitate the leases. You just need to find brokers who are trusted and reliable for the work. You need to keep in mind that when you are going to lease your real estate for commercial activity, your broker has a right to receive commission.

Discuss the amount of commission with your broker properly. Average commission that the brokers usually receive is between 3 to 6 % of total lease. Make sure you set exclusive arrangement with your broker.

Commercial leases consist of different types. Understanding the basic three types of commercial real estate leases as mentioned earlier is important. You can find lots of sources to learn more about the type of lease. You can also ask this matter to your broker. They will gladly explain everything you need to know before making further arrangements.

It is important for you to be able to identify the most ideal commercial property. There are many factors you can consider during your identification process such as location, amenities, services, as well as anchor tenants. The right commercial property will lead to ideal lease.

You need to keep monitoring the process through and through until lease arrangement is ideal. You will need to work with your broker to understand more about the average price, rent comparison, as well as negotiation process. Working with the process, you don’t need to be in hurry. Take your time and discuss a lot with your broker so you can lease commercial real estate with the best agreement.

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