As someone who worked in the field of property developers and property investment in particular, very rarely do I put hints or leaks about the property business. Now it’s time. It’s time to share with many colleagues. As it turns out the books published about the property business is still small. It’s more only tabloid peeling model, type and accessories property.
At least there are three reasons that you can not refuse to enter the property business.
No reason. 1. = Sure winner!
Have you ever imagined the most profitable business? In theory there is a term financial management HIGH RISK HIGH GAIN but in the property business, Uncontrolled NO RISK, HIGH GAIN. There are several instruments that determine this. Check phoenix property management.
Land prices would rise
In this world there is no price drop except matters relating to macro economic conditions. But we can be sure 99% of that land prices must raise. Taxes alone increased almost every year. By rough count, if you buy the land continue to be sold a year ahead. Sure winner! That’s great real estate business.
Simple Management
Business management requires a simple property. In a developer for example, simply need only finance part and the legal part. Two sections of this is basic and vital to the developer. What about planning, marketing and construction? Not be necessary because we can rely to the Contractor. We can entrust Marketing to the Marketing Agent. We can invite consultants for Planning. The result is fuller, more defined, the cost is variable. The more simple the existing management, will increasingly benefit from financial and management side.
Pack the property as an investment
One of the increases in property revenue is to package the property as part of a profitable investment. Pack in the same way about the price of land. Serve in the calculation of credit (mortgage) and compared with expectations of future price.
If you think your rented house or apartment narrow and can not load all your stuff, try to see Felice Cohen’s experience in the United States. This woman was able to arrange all the furniture in the apartment area of 8.4 square meters. Felice did not have a kitchen and a bedroom in his apartment. He put a hammock which is only two feet from the ceiling. The bathroom was so small that he had to sit sideways. Despite not having a kitchen, Felice still can put the oven and small refrigerator to store food. “The bathroom is actually quite large. You just have to be careful. If not, you will hit the toilet. Sometimes, you also have to sit sideways,” she said. Overcome the narrowness of the room, the woman who is a professional event organizer is to outsmart the living room by placing a small sofa for one person, in the corner near the window.
With such a narrow area, it could have almost all functions of the residence. It contains a bed, a place to receive guests, showers, clothing store, a place to store food, as well as various other needs. Although narrow, 40-year-old woman was admitted at home. She occupies a dwelling that since three years ago. “Many friends prefer to visit me here,” she said. Felice rented the apartment for U.S. $ 700 per month. The price is very cheap for apartments in the area of New York’s Upper West Side. In this area, apartment rental prices range from U.S. $ 3,000. Compare with apartments for rent in Las Vegas. Felice found it from a friend. Having agreed a price of rent, he took out all the furniture from previous tenants. He then set up a table and shelves on one side, vanity on the other. On top of this dresser, he put a bed for one person with a short ladder. “The first night I panicked and could not sleep comfortably,” she said.
Felice acknowledge this choice was inspired by her father, a lawyer who went bankrupt and teach it to not force something if it is not capable. For him, living in narrow places is a challenge. “I am a professional manager, so narrow is the challenge of managing the place,” she said.
