Things You Need to Be Aware Of Property Development

You see, property development is not a simple project. It requires lots of works and it has its own risks you should consider before blindly jumping into it. Involving in property development means you need to be aware of many things, especially the risk.

Things to be aware of property development project

Of course, being brave to take the risk is good. However, taking the risk without weighing down everything before is a reckless move you should never do. It doesn’t mean you should back of property development especially if you have determined to get involved to it. However, it is highly recommended to take everything into consideration before taking the project.

What you need to be aware of property development project

When you decide to choose property development, it means you will become a developer. It is not a simple investment. First thing first, you need to know the risks of taking this strategy. There are risks associated to property development you should be aware from the beginning such as:

  1. In property market, there is always risk and possibility of rates rise over the life of your development project. It means you need to deal with the loan. And in return, your holding expenses will also increase if the rates rise. The project of property development may take years to complete before you can even gain profit. You need to create strategy which earns you enough profit when the situation is tough. You need to be able to refinance so that you can pay out your development loan.
  2. Another risk is still related to your finance. You see, there is possibility of the construction cost to increase. As the result, cost of labor as well as building materials will increase too. If you don’t have a backup plan for this risk, you will have to borrow more money to cover the development’s expense. Or worse, you have to sell your unfinished project in much lower price. Therefore, it is highly recommended to prepare your finance since the beginning to face this kind of situation which is often unexpected.
  3. A downturn is the risk you should be aware of in property market. You see, the general economic conditions is not truly stable. There are times when property values drop to the bottom. This is actually a natural occurrence in which sometimes is inevitable. What you need to do is not to control the property market or prevent the situation from happening. What you need to remember tis that property market has its cycle. You also need to know about the fundamentals driving the every situation in property market so that you can thrive through your development project accordingly.

You also need to know that fluctuations happen in any kind of business including property investing. It is influenced mostly by demand and supply. As the result, it influences real estate prices. Population grows and changes which means anything can happen. Being prepared for every possible scenario is the best thing you should do to finish your development project and gain profit from it.

10% Off for the 3 Bedroom Villa Seminyak, How to Easily Get It?

Who doesn’t loves discount, right? What if I tell you that if one day you will need the 3 bedroom villa at Seminyak – Bali, you can get the 10% off with only an easiest way that everyone can actually do it? If you don’t believe me right now, see if you are curious enough to know more about my own explanation about this.

It is not a secret that travelling costs us a lot of money. Tourists are even paying for thousands of Dollars per night for only an accommodation that is different with the others and provides the special services and high quality of facilities.

But, I have no intentions at all about how much you will pay for the luxury staycation while you are traveling in Bali. But if you are really want to know and need the special offer for the 3 bedroom villa at Seminyak especially for the 10% off as I have said earlier, there’s nothing you can do but a simple and so much easiest way to get that in under a minute.

Easiest way to get the 10% off for the 3 bedroom villa at Seminyak (Bali)

There is a villa management called as the Hu’u Villas Bali. It has various of luxury and comfort villas in various number of bedroom, too. But today I will only show you about the discount that you can get when you are deciding to rent the 3 bedroom villa at Seminyak.

The easiest way to get the discount for 10% off for this 3 bedroom villa Seminyak is to visit its own official site right now!

Easiest way to get 10% off for the 3 bedroom villa at Seminyak

Seriously! It is only as simple as that! There’s no other things to do or considering about who do you think you are! Everyone can take this discount anytime through the site that you can access for 24/7.

I have been seeing that many of the travellers are heading to the reservation sites where there are tons of accommodation offers and I believe that they won’t even remember the official sites they have been visited since that won’t be so important and can be understood.

But doing that means you will also lose a chance for not getting the discount that is not published in the reservation sites but its own official site itself with its own booking code. I am calling this as the “gift” when you are booking directly through the villa management’s site rather than getting into the other sites where the management is cooperated with.

If you don’t know this way, from now on you should have remembering this. You should knowing that any time you are getting the interesting offers from the accommodations, make sure that you are also visiting their official sites to see if there will be the extra discount as the 3 bedroom villa at Seminyak that I have shown on above.

This may a simple thing to do where you will only need your phone or laptop to be connected to the internet. But, isn’t this way quiet powerful to save more of your travelling budget, it is?

Various Goals Owned by Property Investors

Every investor has their own goal for why they invest in property. The goal is what drives them to keep going and trying. Comparing your goal with average investors is not essential. However, there is nothing to lose if you know what other’s goals are. Basically, there are two main goals which are short-term and long-term goals. Every investor should have those two goals. The type of goal you have can determine what kind of investor you are. Whether you are a conservative or ambitious investors can be seen from your goal, especially from the long-term ones. Of course, having goal is essential in property investing as it is the thing you should achieve.

The average goals of property investors

Goals in property investing is not only helping you to thrive the business. It also helps you to know where you direction is. You see, there are various paths you can take during your investing. There are so many choices you and decision you need to make. With clear goals, you know where to go and what kind of strategies you should use in order to achieve them efficiently and successfully. Here are the most common goals of property investors you may need to know:

  • One of the most common goals is to own five or six investment properties by retirement age in hope to have financial freedom without working too much. It is not wrong to have this kind of goal. You can have as many investment properties as you want to get your own financial freedom. However, you also need to remember that there is no relevancy between wealth and the number of investment properties you have.  The more important points than the number is the value and the size of your asset. You also will be more beneficial when you focus on the quality of your asset with the portfolio. It is better to have one property worth $1M instead of 10 properties worth $100K. Therefore, it is recommended not to decide your goal based on the number but based on the quality and value of the asset. It is more relevant to the wealth.
  • Another goal owned by most property investor is to have property portfolio generating $100K in passive income per year. The purpose comes from the need to reach financial freedom as well. Of course, you can have this goal as well and there is nothing wrong with that. However, it is realistic and achievable if you have allocated enough time. The key of this goal is time because you need to see how your investment grade assets grow and compound. The process of how your asset grows doesn’t happen overnight. If you look at the nominal $100K, it is considered realistic and enough for you to live your retirement pretty comfortable. It will be enough if you are a mortgage free as well. If you don’t have excessive spending habits, $100 K will be enough to cover tour daily expense with decent luxuries occasionally.

Hunting for Seminyak Villas with Wonderful Pool

Staying at villa during your trip in Bali is good choice because then you can enjoy some amenities not all accommodation has such as private pool or infinity pool. Seminyak is the perfect place to look for this type of villa because this is sophisticated areas in Bali famous for luxurious accommodation for great vacation. There are many Seminyak villas offering luxurious holiday package completed with wonderful amenities and best service. Finding one of them is not even hard. Besides, every staff working in private villas can speak English so you won’t have difficulties in delivering your wish during your stay.

Seminyak Villas

Recommended Seminyak villas with wonderful pool

It is not hard for you to settle down once you touch down at Bali. The people are friendly and welcoming. The environment is great with tropical vibe. The foods are delicious and made from high-quality ingredients. The accommodation is also satisfying. If you are looking for villas in Seminyak with stunning pool, here are some recommendations:

  • Villa Shantika – This villa consists of three bedrooms completed with TV lounge. It has open-plan living pavilion which makes is spacious. The location is also strategic since it is situated only few minutes away from the heart of Seminyak. Double Six beach is walking distance. You can also enjoy your time sipping on evening tea in the tropical garden attached with a 14-metre swimming pool. In the garden, you can also sit on the timber deck overlooking your surroundings filled with luscious trees and beautiful plants and flowers. There are rattan day beds for you to lay down while enjoying the fresh air. The staffs are also professional and always ready to provide you the best service.
  • Villa M – This villa has five bedrooms designed in modern styles. It is equipped with sunny rooftop terrace and luxury bathtub. The living pavilion is designed in open-plan concept. It is situated at Petitenget district allowing you to reach places of interests within walking distance. It is also only few minutes away from the famous Potato Head beach club. Through the stand-alone bungalow, you can reach stunning swimming pool surrounded by tropical garden filled with luscious greeneries. Not only that, there is also lap pool with a waterfall at the outdoor area. Thus, you can have serene retreats to the max.
  • Villa Paraiba – This villa has four luxurious bedrooms fit for 8 persons max. It is situated in the Petitenget district and close to some fancy restaurants in Seminyak. You can choose to stay at the master suite that has direct access to the garden and pool. You can also spend your lazy days in the romantic canopied four-poster beds beneath the high soaring rooftop designed in traditional style. Of course, you can also enjoy soaking in the sun at stunning swimming pool in the middle of luscious garden complimented with timber decks. There is also outdoor bamboo shower to help you rinse off after swimming. Meanwhile, the interior design is elegant and blends perfectly with traditional flairs.

Making a High-End Look for Your Property Renovation

Your property is your asset so you need to make everything you can to make it look more presentable whether you are going to sell or rent it out. It is not only the look that you should pay attention to. Even minor thing like peeling paint should be fixed so that your property has more selling value.

Renovation is one of many ways you can do to make your property look presentable and desirable to sell or rent. However, it means you need to prepare budget especially if you want to make your property looks luxurious and expensive.

Renovating property for making high-end look

Renovation is supposed to be planned thoroughly. It includes setting budget, a check-list, and hiring contractor. Doing renovation to your property obviously needs budget. However, you can do it without spending too much money either. You still can take care of your profit without overcapitalizing your finance. If you want to know more about that, you can actually read some of the useful tips that you can try.

Tips for renovating the property for making the high-end look

The first thing you should pay attention to when it comes to increasing selling point of your property is the outdoor. It must cost a lot if you replace new tiles of the roof. However, you can go for smaller scale by applying new coat of paint. You can also give the same treatment to the pavers and driveways. It is also recommended to hire professional so the work will be more satisfying and efficient. The outdoor surfaces of your property will have high-end look.

Next is for the flooring. Hardwood flooring is the most favorite one. However, it is expensive especially if you buy genuine wood. Instead of going for the expensive flooring, you can choose myriad materials which are not too expensive but serve good looks to the appearance of your flooring. These days, there are vinyl and laminate flooring you can rely on. They have the look, the feel, and of course durability. Good thing about vinyl is that it can be used in wet areas as well.

Instead of doing expensive renovation, you can focus more on creating ‘it’ factor. You can add an inexpensive luxury item in your property. However, you should go for niche items instead of luxury items. For example, a bar is too expensive for you to buy for your property. Instead, you can go for a deck. Aside from making your property look expensive, a deck is more functional as well. It is also more useful than a pool because pool can fail to add value in certain markets.

You can also focus on brighten up the mood of the property for the renovation. You can try lighting up your property to make it look more expensive and desirable for buyers and renters. You can repaint peeling wall, fix some lights, or add a skylight. Another option is to go window treatment. You can replace heavy drapes with translucent curtains to make the interior look brighter and livelier. Lighting is one of the most important factor in interior design.

Choosing a Hammock Tarp Camping: Full Coverage or Not?

Hammock tarp camping is a must-have item for any hammock enthusiast. However, choosing one can be a tricky business, especially if you don’t know where to start. But for certain, tarps are extremely essential when you want to take your hammock camping outside of the places you’re familiar with.

Getting to know about the hammock tarps

For those who are recent converts to hammock camping, getting that same coverage you have just as when you’re having a tent is probably among your topmost concern.

Choosing a hammock tarp camping: Full coverage or not?

Compared to the more conventional tent camping, hammock camping provides you a place to lie down and rest; first and foremost. It does not give you protection from the weather. The sun, the wind, the storm; everything’s going to get you. The solution to this is obviously hammock tarp camping.

Weather is the number one factor

Weather is clearly the first and foremost factor of any campers looking to set up a hammock and looking for a way to protect themselves. Tarps protect you from the harshness of nature. If you’re not traveling during the colder months or during extreme weather condition, then lightweight, slight-coverage hammock may suffice.

It goes without saying that wet weathers require you to have tarps with better overall coverage. Another factor that you may need to consider is privacy. If you’re camping with several people, you may need the privacy to change clothes and such. This is something that asymmetrical and diamond-shaped hammock tarps would not be able to provide.

Where do you plan to set up a camp?

You need to be aware of several things when setting up a tarp for your hammock camping adventure. One of them is the condition of the trees you’re going to hang your hammocks and tarps on.

Beware of the branches where you’re setting up your hammocks in. Lookout for dead branches; they may fall anytime and potentially hit you. Make sure that your surrounding is safe and suitable to pitch a hammock in.

Full-coverage hammock tarp camping

Full coverage hammock tarp is something that you can use all-year long. It is also known as a 4-season tarp. The full coverage tarp is likened to a floating tent because of its shape and its functions.

Full coverage hammock tarps can also be the heaviest to carry. This is why it’s important to select good quality materials; lightweight and durable at the same time. Cheaper tarps are commonly heavier to carry. The size of the full-coverage tarps is large and without lightweight materials, the sheer expanse of the.

Moreover, full-coverage tarps may also require other accessories as well for it to be able to function as it is.

The slightest coverage

The hammock tarp camping that offers the slightest protection is the asymmetrical type and the diagonal type. These two types are very lightweight and are great for summer hammocking, or when you’re going to places where you don’t have to deal with extreme climates. But these types of hammocks don’t afford you with as much protection nor privacy.

However, cheap asymmetrical or diamond-shaped tarps may still be lighter because the size of the tarp itself is slight compared to a full-coverage hammock.

Disadvantages When Investors Don’t Hire Buyer’s Agent

Investing in property means there are many challenges you need to deal with. You also need proper information of everything related to your investing. However, it is impossible to rely on yourself especially in buying property for investment. Thus, most experienced investors trust buyer’s agent to work with. They have essential information you need to consider your decision making. Of course, being independent is beneficial as well. However, not in this matter. To be successful in property investing means you need to work with other people and trust their skills to help you reach your goal.

Disadvantages When Investors Don’t Hire Buyer’s Agent

Possible bad things happen when you don’t hire buyer’s agent

There are many advantages when you work with skillful and trusted people especially in property investing. Contractors, attorneys, seller/buyer’s agents, and others are necessary for your property investing as they are valuable source of information you can get. As an investor, hiring professional buyer’s agent is beneficial as you will gain valuable information for your investing and decision making. Here are bad things possible happen when you don’t hire them:

Lack of confidence

First reason is because you are lack of information you need to make decision and negotiation. Since you don’t really know the market, you don’t really know what to do to make the best deal. In the other hand, buyer’s agent is professional and independent negotiator that knows basic information about the local market. Thus, they can work on behalf on you.

Wasting your time

You can work alone in property investing. However, for how long you are going to waste your time doing research, investigation, inspection, and every due diligence alone? It is highly possible that you miss great chance while wasting time working all alone. Meanwhile, you will do everything efficiently if you rely on buyer’s agent since they already know the information and everything related to the local market.

Bad decision due to emotion

Property investing is about logic. If you make decision from personal feeling, the possibility of making it bad is very high. Meanwhile, buyer’s agent will start their work not from their felling but from goal and long term plan. They will make unbiased opinion and input. Thus, you will be able to gather more information to make the right decision.

You don’t know what comes next

Next disadvantage you possibly get when you, as an investor, don’t hire buyer’s agent in buying property is that you don’t know what comes next. Of course, nobody knows what comes next in their life. However, with professional and experienced buyer’s agent you will be able to ask for recommendation of the right contacts for your investing. Thus, you know what to do or where to go after buying the property. However, make sure to choose professional, independent, and reliable buyer’s agent because not all of them are equal.

 

Reasons Why Komodo Trip is Full of Nature Magic

Here’s the most common reaction when travelers go into Komodo trip for the first time: they are struck silent and dumbfounded. Simply because each unique destination in Komodo was touched by magic. From the rare rosy-tinted beach to the scaly beast we called Komodo dragon, Flores seems like an outlandish heaven. That kind of tropical paradise that’s way out of your expectation—in a mix of strangely good way. A rare heaven gifts that’s so special it makes the crystal clear ocean and dazzling sands that’s surrounding the area looks like only embellished jewel to adorn something even more special. Here, we would unveil the secret.

Reasons Why Komodo Trip is Full of Nature Magic

First and Rarest: the Komodo Dragon

Komodo trip is essentially hunting a chance to see the rare, almost mythical Komodo dragon in direct and close proximity. The last and only dragon on earth, absolutely free to roam the wilderness without the border of those tall and thick glass. A top chain predator whose blood is still thick with prehistoric instinct. And that’s was not a mere exaggerated expression. Research shows that the Varanus Komodoensis has been around since 40, 000 years ago. They come from Australia, reach the isolated island of Indonesia, and evolved into a giant  terrestrial lizard due to the lack of other predators. Today, their bodily size remain more or less the same, thanks to the nurturing care of the park rangers. Their ancient genetics, however, apparently remains intact.

The dragons might not be dinosaur, but they are still a living relic of the ancient time.

Second: The Pink Beach

Ah, the epitome of every Komodo trip. The eye-candy of this remote wilderness. No trip is complete without splurging some time in the middle of Komodo’s rare, pink hued beach. They say that there are only seven pink beaches in the world, and where you’ve reach Komodo, you’ll be able to relish in these nature wonder. Just like a spell of magic, the Pink beach constantly steal tourists’ hearts and collect it under the sands—maybe that’s why the sands are gleaming with pink!

No, just kidding. The pink beach is one of nature’s rare phenomenon. It happens when the seabed around an island is heavily populated with red corals or foraminfera. The tides and currents wipe these corals and bring the tiny bits of the dead corals to the shore. When it get mixed with the naturally white sands, you got the gorgeous pink beach.

Reasons Why Komodo Trip is Full of Nature Magic

Third: The Three-Colored Bays of Padar Island

Now that you knew the secret behind pink beach, let me present another wonder of the Komodo National Park: four bays of Padar island, each is unique to its own color, which will be visible from Padar’s famous view point. Here lies one of the travelers’ favorite and the most phenomenal outlook in Komodo trip: jagged terrains and four coves with crescent beaches, shining under the sun. 

The pink beach was a same result of red corals process. The other one, white sandy beach, is just another naturally white washed crumbs of died corals. And the last one is the black sands. You have probably known black sands in some beaches, especially in a volcanic islands. Yes, black sands beaches are formed from the ashes of volcano. Despite of sitting in close proximity, the bays on Padar island are divided by the chains of elevated peaks and jagged hills, preventing them from getting mixed. 

Forth: The Surreal Savannah Fields

One of the main element of Komodo that makes a Komodo trip feels so outlandish is the presence of savannah fields. Everywhere you go, you will be surrounded by vast, golden savannah that covers the whole terrain. As if you are lost from the world and thrown away back in time. 

Sit in the eastern part of Indonesia with far fewer rainfall makes Flores unique with its vegetation. Instead of the common rainforest as it found in tropical countries, Flores has savannah and that makes the wilder west vibes get even stronger.

So when will you launch your own Komodo trip and enjoy these all?

Things to Do When Your Property Price Drops

There are always risks when it comes to business and investing. Buying a property as an investment can be good idea. However, there are many things that can cause your business goes wrong. One of the risk of property investing is that when the property value falls in weeks or just months later even before you gain any profit from it. This is can be stressing especially for new investors who haven’t gained enough experience yet in the industry. To prevent it, most investors do thorough research regarding to the property before buying it. However, sometimes there are things you cannot control and make the price falls no matter how good your initial preparation is.

Things to Do When Your Property Price Drops

What to do when your property value falls

When your property value falls, it may take you few years for the recovery. The amount you paid for it cannot be recovered overnight. The experts say that one of the most influential to the fall of property value is timing. However, it is also impossible to know exactly what will happen to the market even when you have calculated the timing. So what to do when your property value drops?

  • As mentioned, timing is important when it comes to property investing. You can minimize the risk of dropping property value in the future if you do your due diligence thoroughly beforehand. If you buy the right property at the right place in the right location, at least your property will still be valuable even in the peak of the market. Just because you cannot predict the future doesn’t mean you should be ignorance of the important point of property investing and it is the property quality itself.
  • When your property value drops, you can focus on long term goal instead of the short one. You can just hold on your property investment for 10 or 20 years longer. This way, even timing will have less impact to your property value. Holding onto your investment for longer can be a better solution. You may not gain the profit at the time but at least it will be worth it several years later.
  • There is still positive side even when your property values drops. At least, you have equity. Just imagine if you had not invested in property at all, your equity will be zero. This is why it is better to focus more on long term outcomes so you don’t even have to worry about the forecast of the market and timing.
  • It is highly recommended not to depend on hype articles and media reports about property crashes and stuff. This will only make you more paranoid of your property investment. Instead, you can focus more on making valuable investment by choosing promising property based on the right principals. Thus, the value will be increasing 4 times more in 10-20 years’ time. If you more focus on the quality of the property instead of market timing, the less you will be worried about dropping price.  

If You Sail with Komodo Boat Charter, Do These Anti-Mainstream Things

Sailing is a prerequisite when you visit the Komodo National Park, Flores, Indonesia. How it’s not? This pristine destination is comprised with more than 20 islands and a dozen of world-class dive sites that would inaccessible without a boat. Today, sailing trip around Komodo has hugely been popular among travelers; choices of wooden phinisi and boat operators in Komodo get wider—of class, facilities, and packages. Fixed itinerary usually offered on the majority of liveaboard operators in Komodo, featuring standard itinerary. Popular things (and the must-dos) in Komodo usually involves Komodo dragon tours with local guides, Pink Beach chills, wild giant bats sighting at dusk, diving, snorkelling, and hilltop hiking at several islands around the National Park.

Though those activities are awesome as they already are, sometimes we all need something more. Things that other people don’t do often. Places that nobody has visited before. Such things, however, is quite hard to realise if you sail with ordinary, open-trip boats—unless you are taking Komodo boat charter. For you who desire more adventure and blessed with the flexibility of a boat charter, here are some anti-mainstream things to do in Komodo that will add more fun to your holiday.

If You Sail with Komodo Boat Charter, Do These Anti-Mainstream Things

Komodo Boat Charter Open the Possibilities of the Following:

Go Fishing

Fishing has long been a tradition among Komodo’s locals—and now it’s one of the finest things to do in the National Park. Sat in the middle of Coral Triangle, Komodo’s water is blessed with nutrient-rich planktons which brings the marine life to blooms. The Flores sea is abundant with fishes, lobster, shrimps, and other seafood delicacies. However, note that not all water in Komodo are legal for fishing. You need to go to fishing assigned area—one of the reason why fishing is not offered in mainstream itineraries.

Kayaking Around Secluded Water

Kayaking is best done in earth most remote beaches, and Komodo is definitely one of the best place. Some luxurious Komodo boat charter are equipped with all-inclusive kayak boats that you can use without without adding more expenses to your bill. On one early morning, when the land is still barely awake, hop on your Kayak and enjoy drifting across inhabited islands!

Learn Standing Up Paddles Until You Can

Just like kayak, standing up paddles is not on the average menu of the majority liveaboard operator in Komodo. It takes time to master standing up paddles, and not everybody got time for that. If learning standing up paddles in Komodo’s quiet landscape, you better go with private Komodo boat charter than the average open-trip boats.

And believe me, paddling up over brilliant water and gorgeous coral reefs beneath gives one of the best feeling on earth.

Having Private Spa Massage in Deserted Island

Oh, the chance of having your back massages in one of Komodo’s gorgeous, empty beaches! This is one kind of luxury that only come with private Komodo boat charter. Imagine having Indonesian traditional spa set up just for you in one of secluded beach, with Komodo’s wondrous landscape lies open to refresh your mind as you enjoy the spa… This is perfection.