Business & Property

Tips on How to Make Your Small Property Look Presentable

When you own a property and want to make them attract buyers then you should know how to make your small property look presentable. Making good impression is essential in property business. This also happens when it comes to present your property to potential buyers. One of the most common problems is small property tend to look even smaller if you try to decorate it or add some accent in effort to make it look presentable and convenience. Your small property is your asset after all. That is where you will earn your income or profit. Thus, making it look great and attractive is the least you can do.

How to make your small property look presentable

Your clients, future renters or buyers, tend to be attentive and critical in assessing property. This will happen when you hold an open house for them. They will pin point anything that will make your property less valuable or at least take advantage of tiny details to make you give them some discounts. There is nothing you can do about that behavior except making them have no chance to do so by presenting your small property to the finest. Here are the tips you can follow:

  • Asses the overall of your property from inside and out. Take a look at every detail the interior design before putting some furniture inside. Take a note on what you need to fill and where to put things properly. Remember that buyers always look for comfortable living space. Thus, focus on this priority instead of thinking about futuristic furniture or smart tools to fill in the rooms.
  • How to make your small property look presentable is to minimize the use of unnecessary furniture or accessories. Especially, avoid putting your personal items in the room. It is recommended that you arrange the room by putting clean and fresh linen dressing for the bed, or putting fabulous cushion on the sofa. Those are small things but more effective in making interior design look more presentable and attractive without putting too much effort.
  • If the wall look worn out, you can repaint it or just put a layer to make the color comes alive. Interior design with fresh and beautiful color is effective in charming buyers because the wall is one of the most important parts in interior design.
  • When it comes to living area, you need to create certain look that will make buyers feel attracted. Since your property is small, make arrangement which makes the room look spacious. Instead of putting large and expensive sofa, it is recommended to put minimalist sofa with soft fabric and few cushions. Choose L arrangement for the sofa position so that the room feels more spacious that it is.
  • Make sure that your unit or property is clean and tidy before you present it to your potential buyers. Staying on the concept of clean and simplicity is how to make your small property look presentable to the buyers.
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Business & Property

Things to Do for Promoting Your Villa Property for Flooding Booking

Home holiday might be the best property to invest in these modern days. With holidays becoming more essential for modern workers, having holiday property can be a very beneficial option. However, turning your property into a profitable source of income is not as simple as buy a villa and put it up into the rental market. Proper marketing is a must if you don’t want to end up with a dusty home holiday. Here are simple method for promoting your villa property to generate more bookings and income.

Promoting your villa property

1. Put Up A Good Online Profile

In this modern day when people turn into online search for everything, having online existence will put you in better competition and visibility. More often than not, website acts as the first interaction of a potential guest with your property. Make sure your website looks as professional as possible, contain a lot of details, aesthetically displayed, visually appealing, and looks trusty. A customer will determine how your property match their need from your website.

Think as holiday makers as a date and your website as Tinder. An attractive website will generate more attention, which eventually lead to booking. Make sure to enlist active phone numbers and mailing lists for any further inquiries.

2. Display Presentable Pictures of Your Property

Customers likes to know what they are about to buy. Let potential guest have some idea of how living in your property looks like. It’s good to invest on very best pictures you can have.

Take pictures from every interesting angle, some close up shoots of little details in the room (e.g, toiletries, coffee and tea supply, towel folds, etc), other part of living areas (kitchen, bathroom, garden, pools, etc), and a wide shot of the whole property.

You can feature a model to show an enjoyable living ideas to potential customers. Make sure each of your photos are well-lighted, free from clutter, and highlight your best features.

3. Be Social Media Geeky

Some modern villa owners has enjoy a great deal of engagement from their social media. They invest on daily posting (or at least, weekly updates) and always present with aesthetically edited photos with engaging captions. Always adapt the current social media trend and curate your unique persona.

It’s good to differentiate the social media pictures with the one in web. In social media, you can highlight littlest details to your daily posting and repost the post of previous customers who were staying there.

You can even invites social media influencer to stay at your property and spread the words through posting to their followers. Lots of booking happened when potential customers are totally charmed with your feed and having certain degree of closeness with your property.

4. Put Up Your Property in Vacation Rental

Your villa will have higher booking chance when it’s up on property renting sites. Guests likes to go on sites where they are able to see and compare many option of accommodations at once. Try to get good reviews and ratings as it boost your likability among travelers.

5. Advertise, Advertise

Just like any other product, brand awareness is very important for the success of your property. Aside social media, you can establish stronger brand awareness through online paid advertisement (think of Google AdWords and website banner) and published advertisement.

Plan a slot in property magazine to feature your property for several month. This way, you will present a long lasting, luxurious accommodation that worth a visit for future travelers.

Promoting your villa property requires special marketing strategy. Do it right, and you will get flood of booking just in not time.

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Business & Property

Find Out Property Investment Myth You Should Know

Being an investor or owner of property means you will be forced to learn and understand more about the industry. No matter how diligent you are learning the knowledge, sometimes you can be led to wrong direction due to public assumption which aren’t true. Thus, you might as well find out property investment myth that you may have heard and thought they were true. Well, myth is easy to spread and grow rapidly into something that make people believe into it. There is no obligation to find out what the myths are in property business but knowing them won’t hurt.

Property investment myth you need to realize

Basically, there are myths about almost everything. Thus, no wonder that it also exists in property investment. Some people involved in this business may believe in those myths and some don’t. You can choose your side after knowing what myth are there in property business. Here are some of the myths:

  • Those who can invest in property are wealthy people. Lots of people think that only those who own large amount of money can afford to invest in property. However, this is a myth that you should not blindly believe into. Surely property investment needs financial support. However, that doesn’t mean those who have no background as millionaire cannot be a part of property investment. Finance for investing in property can be earned in many ways. Some people do saving to earn adequate amount of money for investing. Some get a loan from bank, and many other ways.
  • Another property investment myth going around is that everyone is an investor these days. However, it is hard to tell so because not everyone is an investor. The fact of increasing number of property investor is true. However, it doesn’t make everyone an investor in an instant. Become an investor needs time as well. Property investor should build their portfolio and it takes years to establish their investment as well as gain profit they expected since the beginning. Not all people is desired enough to be patient.
  • Debt in property investment is absolute bad thing. Well, debt is not always bad. In fact, it can help you gain financial support when you need it. It is bad if you do it in a wrong way and without thorough calculation. Debt can be toxic if you cannot choose the right decision such as what type of loan you really need or can afford. If you use debt to buy promising asset, it can bring positive result to your investment.
  • The value of your property will always go up. This is one of the myths that people most believe in. However, it is not always so. Sometimes, the value can decrease. There are always factors than can risk the value of a property. You should take the risks seriously to avoid decreasing value. This property investment myth should not let your guard down of every possibility that one day your property’s value may go down. However, you can avoid it if you take preventive actions from the beginning.
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Business & Property

How to Get the Best Location of a Property to Invest in

Choosing property to invest in based on the most ideal location is important. It can help you to get the best property as your most valuable asset. Best location of a property to invest in is significant for your property business. Some people may think that choosing wrong location is significant mistake in property business. However, location is always the first priority when it comes to property investment. No matter how great the interior design or construction if the location is not promising and strategic then it will be such a waste.

Tips to find out the best location of a property to invest in

Best location of a property to invest in
Even though you know the importance of location in purchasing property, it will become such a futile to not know the right way to know it. Thus, you need to know how to find property investment based on location wise. Here are they:

  • First thing first, you need to know your target market. If you aim for family, you need to choose the location from its convenience such as transport, shopping centre, hospital, etc. If you can find a property surrounded by convenient factors for family living then your investment will be such a promising deal. If your target is students, you might as well find a unit and make it as student dormitory to rent out. However, the location should be near university or schools. If your property investment target tourists, you might as well choose location near travel spots such as beaches, lake, or other attractions.
  • In general, transport is one of the most important factors in finding out the best location of a property to invest in. The location of the property you are going to invest in should have great access for people’s daily commute especially the major transport lines such as trains, buses, etc. It is also more preferable to find a property which has mix networks for transport such as bike paths or parks.
  • Pay attention on the local industry when you are searching for the most ideal location for property investment. Aside for the future profit, it also helps to support the local economy. Thus, choosing ideal location based on the availability of local industry is beneficial.
  • Next thing to consider is the availability of public services such as hospital, child care, supermarket, etc. Those are needed for tenants to live comfortably because what they need is within their range to reach.
  • You need to decide the lifestyle as well. If you aim for peaceful and comfortable living, you might as well choose a property located quite far from the main city. This type of property tends to be more affordable.

What you need to remember is choosing the most ideal location of property is not only for the sake of convenient living but also for bigger investment return. That is why the ability to find the best location of a property to invest in is so critical for the future of your investment.

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Business & Property

What You Need to Do If You Are Property Developer?

Property development is a series of activities and process in which involving purchasing potential land to building then developing a building. In short term, it is a continual reconfiguration of a property in order to meet the needs of the society. Property developer is not a bad career path to choose. In fact, this business is promising because you will not also earn money through high profit but also save money in the process. To run this business, you will need to build your team members because this requires long process. Even if you are going solo, you still need other professional in order to successfully develop the property and gain profit as you expected.

Property developer

To become a property developer, you will need to build your portfolio. The market in property business keep picking up and you need to keep up the best work to meet the demands. Here are what you need to do in running property development business:

  1. First thing first, you need to make business plan for your property development. Either being a part time developer or full time one, making a business plan is a must. You need to do everything legally to make sure there is no problem waiting in the future. You may need to make your own website so you are reachable.
  2. Next, choose your strategy of being property developer. You need to decide either to plan to buy-to-let or to buy-to-sell. Both requires different approach and have different result. If you aim for long-term and stable income, it is recommended to choose to buy-to-let. If you aim for one shot-high profit, you will need to choose to buy-to-sell.
  3. You need to calculate how the market works in order to get the best opportunities to use your strategies. You will need rental yields as the way to measure annual rental income against the value of the property.
  4. Next thing to do is choose property based on the location first. It sounds cliché in property business but it is a fact that location is the first priority when it comes to choosing potential property either to develop or to sell. Property in the area that is on the rise will be more advantageous to purchase. The chance to get great profit will be higher.
  5. Don’t rely fully on luck. Instead, you’d better make a research. Set the right price for the purchasing, developing and selling property. Choosing the best timing is essential in this process because rushing everything is not a wise decision.
  6. Don’t forget to suit your developments to what the social market needs. It means you need to set your target from the beginning. You need to develop your property based on the needs of the demands of the area.
  7. If you want your business in property development to be a long-term run, you need to establish stable financial management. Being a property developer requires you to handle lots of money so you can maintain your business in the right way.
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Business & Property

Choose the Right Method in Selling Property

Selling your property can be both challenging and exciting. No matter what you are, an investor or landlord, you will need proper way to sell your property since it is valuable asset that should earn you profit at the best price. It is highly recommended to hire a professional property broker to help you decide what kind of method in selling property that you will make you feel more secure. Besides, a broker will help you with lots of things throughout the process of transaction including documentation and financial requirements.

Deciding the right method in selling property

Before deciding the best method in selling your property, it is important to determine the best price. As a seller, it is normal that you want to set highest price. However, you need to aware that unreasonable price can make potential buyer to back off. To decide the best price, you can discuss with your broker. Basically, determining the price is based on the state of the market, the current interest rates, type of your property, sold prices of the similar properties as yours in the area. It is important to set realistic yet profitable point for your property price.

Next, move to the method you can choose to sell your property. Generally, there are many ways you can choose to sell your property. Here are the two common methods you can choose:

  • First method in selling property is private sell or is also called asking price. This method is actually more preferred by buyers because it is less intimidating. With this method, you set the price range prior then make it to the listing of asking price. Then, the buyers will know exactly the price they want. They will try to negotiate below the asking price though. That is why you need to set the price well before. Therefore, the price will be as much as you expected. Private sell or asking price is preferable for buyers. However, the method takes time since you will spend your time negotiating the best price with the potential buyers from time to time. This method is preferred if you sell your property without the urgency. If you want quick selling, this method is less recommended.
  • Next method is auction. This method is more preferred by sellers. You need to discuss the expected price with your agent since you are not the one to conduct the auction process but your agent. The auction will be conducted until your agent reach highest bidder. The interesting part of auction is the competition and urgency between potential buyers. After discussing the reserve price of your property, your agent will help you set the date of the auction and advertise it. Then they will invite potential buyers and make them submit their offer. Once they are collected, your agent will present them to you. Then, you can decide which buyers that meet your expectation and go to further process of transaction. This method in selling property is recommended to find the highest deal.
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Business & Property

Simple Guide of Property Selling Process

Selling property sounds to be an easy task. You just need to wait for potential buyer, negotiate, and deal. However, it is not that simple either. It is important to understand property selling process either you are just property owner or investor. Property is an asset which is valuable and you need to make sure that you gain profit from selling it so that you can buy or invest in another properties after. The process of replacing ownership takes time and you will need some help to do so.

Property selling process you need to know

Property selling process

Transaction in property business is protected by law and should be done legally. Thus, you need to make sure that every process of selling your property is done properly. And because of that, I will give you the simple guides to know the whole process of selling properties in this article.

The first step is to make thorough evaluation of your property. The main goal of selling your property is to gain the best price. You need to check the condition of your property thoroughly and properly. Thus, you can inspect what element of your property that will seem to make its price lower or higher. Evaluating your property is also helpful because buyers always ask about property reports includes location, size, features, etc.

Next, you need property agent or broker. They will help you to do the viewing. Besides, they will help you to find potential buyers, negotiate the best terms, and handle documentation stuffs. You can actually sell your property by yourself but hiring a broker will be much easier and effective. They can help you selling your property in relatively short time.

Next property selling process is to decide and discuss on how you want to sell your property with your agent. You need to determine the price as well so everything will be plan accordingly. You will also discuss about commission, advertising costs, and many more with your agent. Make sure you tell everything to your agent so the deal you are going to make is based on your will before signing agreement with your agent.

The next process is to advertise your property. Your property needs to be photographed property from different corner and angles. You will need floor plan drawing of your property as well as online ads writing.

Next, you just need to wait potential buyers to contact your agents to be continued to auction process until finding potential buyer with acceptable price. Next, the buyers need to pay a deposit to continue to the next process.

The next process is the details such as signing contract, finishing finance requirements, etc. You will deal this along with your agent, lawyers and of course the buyer. This is to make sure that the exchange is properly and legally done.

You don’t need to worry to sell your property. Just make sure you hire professional property agent to help you through the property selling process thoroughly and legally. Thus, you won’t face any trouble in the future and you get the profit you expected.

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Business & Property

Explore Your Knowledge about How to Invest in Real Estate Properly

The term of real estate is everything engaged to interest in land. The term interest here can be interpreted as ownership or leasehold. To invest in real estate, you can hold ownership which mean s you, as the investor, have full rights of the ownership of your real estate. Everything related to the interest of the subject or real estate you own, will be your responsibility. On the other side, leasehold interest, you will become a landowner who agree to pass some rights to tenant who rent your property in exchange of rental payment. Thus, you can both invest in real estate to claim full ownership or choose leasehold one.

Proper ways to invest in real estate

Some people address finance as the biggest hurdle. However, it’s not the only matter when it comes to real estate investment. There are many factors you should consider before deciding to invest in some or real estates. Here what you need to do to real estate investment:

  • You need to have logical decision to choose the type of real estate market you want to explore for your business exposure. Each kind owns different risks as well as return. That’s why it’s all in the matter of your final choice. Remember that logical thinking will be much help than gut feeling.
  • The next thing to consider when it comes to real estate investment is your finance. What kind of fund you are going to use to invest in will decide your financial management in the future. There are at least two options in this subject, they are equity and debt. To decide it, you need to calculate the risk and expectations.
  • Your knowledge is your power to invest in real estate properly. In this matter, you should be able to explore and seek information about current situation in the real estate market. You need to at least fill in your brain with basic knowledge about the market includes interest rates, economy, policies by government, and many more.
  • In the market, there are choices of the best investment you can choose though. You need to think clearly in making the right decision to make the best investment. You can either buy residential or commercial properties as your investments. Make sure you choose the one with higher potential of successful investment and lower risk of failure.
  • Real estate investment is not only about money but also time. You need to find the right time to invest in the most potential real estate. Time consideration is also influenced by different factors such as costs, risk, return, liquidity, goals, and many more. If those factors fit just right, the right time it is.

Seeking the best opportunities to start investing in real estate can be challenging and a bit tricky. However, all the hard work will be worth it if you do it persistently and properly. To invest in real estate is not as easy as it looks on the surface but it’s profitable enough to try.

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Business & Property

How to Make Your Property Ideal for Tenants

Your property is your asset and your tenant is the one that leads you to steady income and some. If you run property business such as rent out residential spaces then you need to be a good landlord. It is important for you to know how to make your property ideal for tenants. Every individual has their own preference for their ideal living space, that’s why it’s quite challenging to invest in ideal property which can attract tenant’s attention. However, no matter how different every individual’s preference is, there is always a basic need and demand for ideal living space. And that’s what you can work for.

Tips to make your property ideal for tenants

Every landlord always wish for ideal tenant who can pay on time and keep their property well without causing much harm. However, there is no guaranteed formula which can ensure you to have the best tenants. Just as much as you wish for ideal tenants, you need to be ideal landlord in return. That’s why you need to put yourself together and know exactly what to do to your property to attract them.

Ideal property for tenants

Furnish your property well based on your target market. If your target tenants are students, then you need to furnish according to their preference and lifestyle. For instance, you can make your decor to be as lively as possible. Students or young tenants tend to like something more practical. That’s why it’s based to present your property based on its functionality instead of unnecessary decoration.

You can also make your property ideal for tenants by providing a child-friendly area in the house. This will be ideal for young family who just started their new life. Make sure that your property doesn’t include any harm tools or corner which can cause incident or accident.

Your property will look ideal for tenant if you guarantee their safety. People dislike the idea of living in nosy area along with unfriendly neighborhood. That’s why it is important for you to find property for residential space in a safe area. This is a safety guaranteed for both you as a landlord and the tenants who rent it.

Aside from the safety, you need to make sure about the sanitary. Every tenant always expect clean area with good sanitary. Thus, they will be able to live a healthy life and neighborhood. Most family avoid residential building which is too close to industrial building since there is high potential for poisoning and such.

To make your property ideal for tenants, you need to make a good tenancy agreement which can assure binding equally. Make sure you include detailed inventory of all the property to avoid any dispute in the future with your tenants. Only then, both of you can sign it consciously.

Being involved in property business means you need to be thorough in every details include find out what the tenants want from ideal property. It’s your job to make your property ideal for tenants so they willingly and gladly rent your property.

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Business & Property

How to Build Strong Network in Property Business

Knowledge is the best weapon in property business. However, there is another powerful tool to help this business grow even bigger and steadier, which is networking. Thus, it is important for you to learn how to build strong network in property business environment. Not everyone has talent to build network within this business though. Finding beneficial partnerships, strong support, right guidance, as well as valuable business relationship are what networking meant for. Those are hard to achieve and need lots of efforts to gain. Inherent ability and active communication play significant role in network building.

How to gain valuable network in property business

Gain network in property business

Property business is all about value. When you see something or someone valuable then you need to get them for the sake of your success in this business, however, those are hard to achieve and needs lots of hard work. The first thing you should do to achieve valuable network is to fully aware and understand of the importance of it. There benefits you will gain once you know the perks of networking in property business such as:

    1. You will be able to gain new ideas about all the investment stuffs. You then know different ideas from different perspective. This will let you have broader access to decide which one is the best to choose.
    2. The next benefit is solid relationship. Your contacts are the center of the relationships which will help you to go through the business deals. You can share quality benefits in this solid relationships.
    3. The next thing you get from networking is reputation and better access. Your status will be escalated once you maintain strong networking. Then, you will gain more access to more opportunities in your career advancement.

There are more benefits you can get by building strong network in property business. Building network means to interact and communicate with many valuable people. You can sharpen your skill in networking by interacting with people in the right fields such as:

    • The first and easiest place to start interacting with potential and valuable source is social media. The power of social media today cannot be underestimated. There are many sites as well as message apps you can use to interact more with people such as Twitter, Facebook, LinkedIn, etc. Being socially engaged in social media can be done anytime.
    • You can also try to attend significant event such as Landlord Association Meetings where real estate investors and all professional in this business field gather around. This is the best place where you have the best chance to build your network.
    • Another interesting place to start your networking project is auction. In this particular place, you will be able to identify which buyers are potential. Besides, you can get some contacts to expect for some deals in the future.

Building a network in property business is surely a serious matter. There is significant impact when you succeed doing it. Therefore, you can start learning how to build it from now on.

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