Understanding More the Risks and Challenges in Real Estate Development

In every business, there is always risk and challenge no matter how insignificant it is. Real estate development has risks and challenges. Especially because it involves multi-step process that can be complex and complicated.

A single project can take time more than what you have planned before.

It can take years to finish. Along the way, there are always obstacles whether big or small. However, lots of people choose this anyway.

Risks and challengings in real estate development

That is because real estate development is one of the most highly profitable investment. Development projects allows you as developer to create something new and fresh to be offered to the market demand.

Everything you have worked hard for will be paid off if you successfully finish your project with perfect result.

Risks and challenges in real estate development

There are many factors which can influence the level of risk you will face when handling development projects.

The type of project is the main factor.

In addition stage can also influence the intensity of the risk and obstacles you are going to face when handling a development project. Here are things you need to know about risks and challenges in development projects:

  • The risk is lower if the tenant is already identified. This mostly happens when you handle a retail built-to-suit project. When the project is already under lease, the risk is also lower. Just take example when you handle development project based on the request of already famous retail such as fast food retail. Since you have already known what the tenant want to the project, you don’t have the risk of the project to be disliked because the building is already like a uniform anyway. There is little to non-existent risk for the project to be rejected because since everything is clear.
  • The risk will be higher when you handle speculative projects. This happens when you have only few or no leasing commitments before commencing construction. You, as developer needs to figure out what the market wants and needs. You need to choose wisely about everything regarding to the development projects. This requires more research in the beginning. In this subject, the leasing risk is also higher because you don’t have already identified tenants. If you create unique project, the construction risk is also higher because there might some mistakes in small details to perfect the project.
  • In very stage of development project, there will be obstacles you need to face. In pre-development stage, the risk is considered the greatest and the most varied. That is why you need to do everything thoroughly especially on the preparation. You need to do thorough research to make sure your plan will work just find and identify some potential risks to tackle down. Compared to pre-development stage, the middle stage in which the construction begins has lower risk. Thus, you need to deal with the risks in the beginning to make the next stage of development goes smoothly. The risk in the final stage is to obtain tenants. That is the greatest challenge.

Seminyak Villas Rental With Private Pool In Bali

Back again and just like before, I am so exited too to talk about the Seminyak villas with private pool in Bali. Situated at the Seminyak village, southern part of the area, renting this kind of villa with this facility will also allowing you to get to the beach in just some few minutes.

One of the villas you can try called as the Hu’u Villas Bali. It has some interesting villas established at the center of Petitenget. Even though the villas are not strategically located nearby the airport, but it will only takes about 30 to 40 minutes to there by using taxi. So, it won’t be an issue at all. You will still have chance to catch your next flight even if you are staying in Seminyak.

And by the way, heading to Seminyak as your location to choose the accommodation and stay there is also interesting, even really recommended.

Staying in the Seminyak villas with quite complete amenities surely be the recommendation as well. Even the one with the private pool with the others without it will be so far different for travelers or the guests. It just a pool, when you are possible to get one, then don’t you think thta you will have the other things to do, another one place in your stay to comfort yourself and many more?

Anyway, this is the lobby of the Seminyak villas you are reading about now.

Lobby of Seminyak villas in bali with private pool

Reviewing this villa can showing us two different things. Some people may are disappointed, some are so much satisfied and will rent this villa again when they will be back to Bali. So, if that will be the type of information you are looking for, I might can give that in this article.

But, let’s see what we can do about this accommodation.

Living room view of Seminyak villas with private pool displayed

First one, I was checking the location using the Google Map and is situated at what they have been said before. The Seminyak villas they are providing are really close to the beach and all of them are provided with the private pools.

The villas’s surrounding is also interesting to me. There are many some of the interesting places around to visit, and even there is the villas’s restaurant and the bar.

If you are kind of the person who are often exploring the neighborhood, I think the location of this villa is so much supporting you for that. At least you can walk to the nearest beach and see what you can do there.

The villa’s management is also has been ready with the butlers, chefs, and all professional staff that are ready to be called and help you with all kind of things. You can even call the butler to help you with the kid’s messes if you will bring the children. I mean, that’s how far of their commitment in serving you.

Anyway, the villa’s bedrooms themselves are vary and you have many options as you need. You can rent the one bedroom loft and even up to 13 bedrooms if you are bringing more people in your trip. Is there any other places or villas with such offers than this? I don’t really have an idea.

And for you to know, the pool size is also enough for many people. It is long and a bit wider. I mean, you can really swim in there without worrying that there will be the other people looking at you. Nope.

Things to research about property investment

Research is essential when it comes to property investing. Jumping blindly to property investing won’t do you good. Investing in property involves financial decision making which costly if you are not careful and thorough. Research allows you to make strategic plan based on the situation and avoid making costly mistakes. Planning and research are important part of property investing you cannot just ignore. Smart investor will gladly do their own research without being told to because they know the importance of it. However, it is also important that you know what you are going to research about.

Things to research about property investment

What you need to research for property investing

Property investing is promising business but it has also its own risks. Being brave and willing to take risk is not the only thing you can do. Bravery without calculating the risk will only put your money in the line. That is why you need to do your own research to gain reliable information and data to take actions. Research for property investing should include related topics and subject. Here are things you need to find from your research:

  • Deciding your long term goal is essential in property investing. However, it will be hard to do if you don’t know your financial position and capacity to buy a property as investment. Besides, there is always risk you need to calculate before making any financial decision. To make everything easier, you can seek advice from professional and experts. They can give you honest opinion and useful assessment. This will allow you to know the big picture of your timeframe in investing.
  • Remember that even though you do your own research, you still need others to complete it. You need reliable, solid team to help you gain reliable information and advice. You need to build your own investment team consist of financial advisor, professional accountant, broker, etc. they can help you identifying the best strategy for your investment.
  • Next thing to research is of course the market and location. You need to find investment grade property which is quite challenging. To find the right location, you will need to dig deeper about its history of capital growth, demographics matters, etc. demand factors and local supply also need to be included in your research. This subject may take the longest in the process because it is challenging to find the right location. However, it will be worth it once you find the right one.
  • Thing you need to research is the type of property you want to invest in. You need to find the one that will suit your investment strategy and goal. Make sure to find the right property at the right price in the right location. You need to consider the proximity to essential amenities as well.
  • As mentioned earlier that you need to research about the right property at the right price. Thus, you need to find out as well how much you are willing to pay for a property investment. This is important to avoid paying too much for a property.

Taste the Glamping of Sailing: Luxury Liveaboard Komodo

Liveaboard sailing in Komodo National Park, Flores, is essentially a rugged adventure. How it’s not? Once you set sail from the port town, Labuan Bajo, everything surrounding you is just the wild nature. The islands in and around the National Park are almost completely devoid of mass development, with the exception of few dots of civilisation sprinkle on the main Komodo Island and a few resort in other secluded island. The rests are just jagged hills covered with golden savannah grasses and empty beaches. Everything is beautifully conserved in their wildest state.

Many people sees travelling to Komodo as a chance to get back to basic—just like camping deep in the forest. But just like camping, here comes the equivalent of “glamping” (glamour camping); the Luxury Liveaboard Komodo. The answer for people who like to enjoy the nature at its finest without having to give up on creature comfort.

Taste the Glamping of Sailing: Luxury Liveaboard Komodo

Resort-Standard Hospitality that Floats on the Sea

The Komodo might be arid from hotels outside Labuan Bajo, but that doesn’t mean it’s completely lacking of lodgings. Here, prime hospitality presents not inside rooms of towering hotel, but in floating phinisi ship. Air conditioned lounge with sofas and bars are the standard for all liveaboard Komodo which falls in luxury class. Passengers’ cabins are not a mere sleeping quarter; they are well designed, often on matching theme with the ship, equipped with super-comfortable bed, and private showers. Just like a hotel, they also provide amenities and complimentary toiletries for the whole period of your stay.

Dining menus on luxury liveaboard Komodo doesn’t just comprise of Nasi Goring and Mie Goreng, something that you would find in competitive liveaboard. You will be happy to find fresh seafoods and a range of tasty Indonesian cuisine in your table! Plus, you can order something from the menu for breakfast or dinner instead of just taking whatever on the buffet table.

A Place Where Adventure and Leisure Meet

Sailing with luxury liveaboard Komodo is probably the best way to enjoy the rare beauty of Flores from the comfort of a lounger and icy-cold cocktail without having to harm the wild environment. Instead of sacrificing the pristine lands for hundred acres of hotels, the hotel itself will be the one to take you for sight seeing and visiting Komodo’s must see. Staying on these luxurious liveaboard means you can get right back to the soft bed and warm crew services after getting roughed up with the Komodo dragons, hiking the hills, or diving deep under Flores’ wonderful sea.

Luxury Extends to Wide Selection of Entertainment

These luxury liveaboard Komodo doesn’t only bring extra comfort and service. Such price tags also means the availability of wide range of entertainment that would otherwise unavailable in budget liveaboard. Usually, they are equipped with flat screen TV and all inclusive diving equipments, but some luxurious phinisi in Komodo are known to provide water sport equipment like kayak, standing paddle, and canoes!

The Roles of Property Development Manager

In handling development project, you cannot do all tasks alone. You also need to rely on others. Building a solid team to complete your property development project is important to do from the beginning.

No matter how skillful in multitasking, there is always a hole for mishap here and there. Besides, development project is more complex than a simple property investment.

In development project, you need to do many things started from finding the right property which include the best location and price, planning how to develop property to increase the value, and find the right strategy to make profit from completed development property either to sell or rent it out.

With the complexity of the task, you cannot do it all alone. Thus, you can rely more on your property development manager or project manager.

Gaining benefits from property development manager’s roles

Roles of property development manager to help you completing the project

It is important to select the right development manager who can help dedicatedly help you through the entire process of completing the project.

Good development manager have reliable traits such as technical competence, ability to oversee every aspect of project, excellent communication skills, have self-discipline, dedicated to their work, as well as patient.

So that, I think that it will be important as well to tell you about the roles of development manager you need—to help you complete the project perfectly.

Development manager is the one you can rely on about time management. Remember that time is money.

When your project delays, will result in costly consequences. Development manager will help you arrange the timelines throughout the development process. Of course, there are many factors that can make your project to be delayed out of your will and control.

One of those factors is council delay during development approval process. Another factor include bad weather which can delay construction process.

For any unjustifiable time overruns, your development manager will help you to ensure that you have a penalty clause in your building contract which compensates you.

In general, your development manager is the one who can ensure your development runs smoothly. Of course, it also your task to ensure everything goes according to plan.

However, development manager has ability to oversee all aspect of your project. Thus, it can benefit your project better.

Development manager also has role as quality assurance on your development project.

A good manager is able to conduct ongoing evaluations of all the relevant trades while working on your site.

They are there to ensure the quality at every phase of the project. They also there to ensure that the process goes according to the specifications stated on the building plan and contract.

Your development manager can also help you as coordinator to ensure everyone in your team works together harmoniously in order to make the project successful.

There are various people working in your team to complete the project.

However, you need to make sure that everyone works with the same goal. Qualified development manager will engage to the service of constant coordination.

Good development manager is able to stay objective and professional in every situation.

5 Website Design Tips For Small Business

Business, no matter how big or small it is, will usually try to serve the better services for their customers. There are many things to do to make people care about what you are doing in business. And today, there is one among ways to provide the good services which is providing the professional website design, no matter the concept you are using.

5 website design tips for small business

You may have also realized that the website for your small business sometimes can even be the most important elements for your business. It is because it can be your own online store for your products or your virtual office when offering the services to your clients.

That is why I am agreeing to the phrase that said; “Building your professional website design will helping you to get the trust amongst clients.”

There are so many advantages when your small business will get the quality web design, but I think we’ll talk about that later.

For now, I am going to give you some of the useful tips that can help your small business being developed through your site design to get what you have been planned and expected before.

1. Make it simple for the visitors or customers

Have you been visited a site before that you need to read the information in it but the design is looked like cluttered? Information about your business is important and so with how you will deliver them all to your audience.

You website design should physically looks perfect as your own standard. So, make it as simple as it could be without you have to minimize all the valuable information. Think about how many widgets should be used, what visitors should have been seen the first time they are landed on certain pages, everything.

2. Google and other popular search engines should crawl your site easily

Your website design should be human-friendly and search engines friendly as well in the same time. The design elements you will be included into each pages of your site should never make your business site loaded slower by the visitors.

The slower your site loaded, that can be the point to make Google “think” as if your site is hard to reach.

But not only that. Your design architecture can really be an important matter besides all the design elements So that, you’d better talk to your web developers as well.

The more aspects your site can support all the recommended SEO (Search Engine Optimization) on Google and the other rivals, the better for your site to be founded by the customers.

3. Tell your customers how to get in touch with your business

This may being the simplest thing to talk about the contact information of your small business in your site. For many website businesses I have been visited before, they mostly displayed the contact form that we should be filled in to talk about them.

No other information that I can get, for example, the other possible contacts that can be reached, what if they will reply messages slowly, and no even the location details that can be visited. All that information can be included into “Contact” page on your small business site to give your customers more various way to call you.

Think about to use the messenger apps as well since most of us may have been used them for so long such as WhatsApp, Line, Facebook Messanger, etc.

4. Make use of all parts of your website design as the infinity way to build your brand

The first thing you can do to build your brand awareness through the business website is to have the site itself. That’s the first stage of how your business can get noticed online.

But, do not stop there since you have known that your small business site itself can be accessed 24 hours for the whole year except there’s nothing happen to your server and the domain name will still be activated.

I have called as the infinity media to build and develop your business brand through its online present. So that, make a better logo, the website design should be interesting and do everything that can make your site more valuable before your customers eyes.

5. Your business offers should be showcased very well

Big chance that your small business website will be designed as the online store or where you will offering your services, right? Else than that won’t also be the an issue. The thing is that, if you are thinking about selling the products or offering your skills, do they displayed well so they could catch your customer’s eyes?

You have to think about which is the focus points that mean the most in your business site that should be interested to your visitors. So they know what you are actually doing with that site.

Make your products or services images compelling the most. Place them all in the main focus point which mostly in the middle of the site’s space, give the valuable descriptions to them and all the necessary information to the customers.

So they will stop thinking about the prices, the pros and cons about your small business and many more.

Dealing with website design for small businesses are not difficult, but you have to considering many important aspects to make it even better and useful. The more valuable your site is built, it can helps your business development as well.

If you have no ideas to deal with all the design aspects, especially when you don’t know how to code, programming languages in web development and anything related are not your things, you can hire the Bali web design for that.

I hope you can get some insights from the above explanations about the website design tips for small business. Those are what I can giving you and thinking about for now and thank you for have been reading here.

Options You Have to Your Completed Development Property

It takes months to finish your property development project. Started from the pre-purchase stage to the finale completion, there are many things happen. However, you will be able to breathe in relief once your project done.

Of course, it is not the end of the story. Your destination doesn’t stop once you finish your project.

There are many thing to do after the completion. Every developer has different goal when it comes to property development. Some of developers aim for high profit while others aim for long-term income.

The goal you have in the beginning of taking the project will decide of what to do once the property development completed.

What to do with your completed development property

To know exactly what to do with your completed development property, you need to ensure your goal. Of course, you may change your goal. It is not uncommon for developers to change their goal from the beginning of the project once they see the completion.

What to do with the completed development property

Here are options you can choose when you have finished your property development project:

  • First, you can sell your property to gain profit. It means that you aim for short term profit if you choose to sell your development property. The benefit you can gain from this is you can earn profit straight away. Then, the development loan can be paid off quickly. You also can move on to the next project. It means that you need to find another project to start even before your current development property is finished. Filling up your pipeline for your continuation of work is important to make sure there is no time for you to wait for another opportunities. Choosing this options, you will earn more knowledge and experiences of trading which almost every developer has. The disadvantage of this option is that you no longer have opportunities to gain more from the property once it’s sold.
  • Another option is to hold on your development property as an investment. Your completed development property can be a long-term investment if you like it that way. There are benefits from choosing this options such as higher rental yields since you can rely on rental payments from the tenants. Your market value will also get higher. It allows you to withdraw a substantial amount of your funds used for the development. This is because the bank would refinance your property once it’s completed according to its market value. The disadvantage of this option is that you will need to keep handling the development property and cannot move on to another project. It is because rental property requires dedication as well.

You can choose of what to do with your completed development property. You don’t have to follow what other developers do.

Read This: Closing the Best Deal With the Right Strategies in Property Business

You can focus on your own goal and needs regarding to your career in real estate development. If you want to gain more knowledge and experience as much as possible, might as well choose the first option.

If you aim for long-term income, choose the second one.

Where to Buy the Custom Hammocks From Indonesia?

As you may all know that Indonesia is an archipelagic country. It has thousands of islands that can be challenged to be visited. While you are playing that, you may also prepare the items that you should bring on your trip. One of the recommended either you are traveling alone or in a group is the custom hammocks.

Where to buy the custom hammocks online?

Hammock that I am talking about is the one that is made of the parachute nylon that makes it quick to dry when it is get wet. While the customizable hammocks are those that can be buy based on your own preferences such as color combination, size, accessories and many more.

Buying the fixed design hammock that can’t be changed may the usual thing many people do. But what if I tell you that you are actually able to get the customizable hammocks from Indonesia as well?

This custom hammocks are authentically from the local product and made by the local people. No need to worry about the quality, the hammocks have been distributed to many countries in the world.

Even, there are dozens of distributors of this manufacturer that I am going to inform you.

Online shop to buy custom hammocks from Indonesia

The customizable hammocks are manufactured by Ticket To The Moon that is base in Bali. A beautiful island to have such beautiful travel items. Most of the travelers and adventurers might have been heard or even visited Bali before, right? This is an island of a paradise dream.

When it comes to talk about the custom hammocks, it won’t be interesting if you don’t know about how many parts you can be customize. So that, I will also give you the information about that.

In its online shop itself, the manufacturer is telling and showing us that the first thing you can customize for all the hammocks is the color combination. So that, feel free to think about your two favorite colors and then choose them both on the available web tool or app.

You can also can add a sleeve for your hammock. It is also made out of the same material as the hammock which is the parachute nylon and can be used to cover your hammock fully to prevents it from depreciation and faded colors due to the sun ray.

You can also choose the sleeve’s color as you want.

There are also 2 options for both of the ends of the hammock. You can choose to use the hooks or you can just get the carabiners for the ends. Each of the ends will have their own advantages according to the certain condition especially to the stand where you will setup the hammock.

To complete the adjustable for both ends of the custom hammocks, you will also have been provided with the ropes if the distant of the stands are quite far of if you have something else to do with that.

There are the Nautical Rope and the Moonstrap that you can choose.

The Moonstrap itself is the newest suspension solution of this online shop or manufacturer that are combining the tree-friendly properties, small packaging size, higher durability and higher load as well.

Last but not the least, the hammocks can be get in a variety of size. There are 6 sizes you can choose base on your need. You can see the size dimension directly on the official online shop, but for short, the sizes are mini, compact, original, king size, perfect and mammock size.

There may surely the other customizable parts that I have not been identified, but according to the customer experience in using the site for the custom hammocks, the above explanations are most of the things you will see on the site.

Thank you for reading this.

Learning More About Types of Investor in Property Business

One main reason why people start investing is to gain financial freedom. However, people go different path to reach the same goal. However, the fact is most property investors can’t achieve financial independence they expect to. Owning a property or two doesn’t necessarily make an investor financially independent. Of course, there are many factors why most property investors can’t even achieve their goal to have financial freedom even though they have done everything to make sure their business running well. Aside from finding out every factor, it is also important to know more about the type of property investor.

Types of property investors you need to know

There is no obligation for you to separate property investors into certain category. However, you can learn more from it because every type has different tendency in doing their work. There is no need for you to decide what type of investor you want to be. Of course, choosing which type of investor is better than other sounds wrong. However, every type has week and string point that you can learn from. Knowing the type of investor will help you to be more aware of the possibility of you working in certain tendency which doesn’t benefit you at all. You may have something to learn to improve your performance in property investing by understanding more about types of investor.

  • Analytical investors tend to spend months to years just to examine every nook and cranny of property markets. There is endless comparison regarding to values and sales, along with reading reams of materials. They tend to dig deeper to find out do’s and don’ts in property business. They also tend to be busy running around to seek advice from professional as many as possible. They usually spend longer time before making decision. The weak point of analytical investors is the tendency to over-analyze everything which often result in losing good investing opportunity if they can make decision earlier.
  • Passive investors tend to have no desire or passion to understand basic ins and outs of property investing. They tend to lack of consideration and calculation in making decision. They also tend to ignore consulting to professional and due diligence. The weak point of passive investors is that they tend to buy one of the first properties they come across. They tend to depend on emotional reasons in making decision regarding to property investing. Some of them even end up regretting their investment decision.
  • Active investors tend to put in some degree of work. They aim to find a good investment prospect. They at least find out about seek the basic understanding of the principles involve in property, taxation, as well as finance. They also tend to seek for professional advice. They do it to ensure their portfolio has the right structure. They also tend to do their due diligence to increase the opportunities to gain profit. Compare to analytical and passive investors, active investors tend to do better in property investing especially if they seek advice from reliable consultant.

Best Diving In Bali To Explore While Vacations

If people wonder where is the best diving spot in Indonesia? So the answer is Bali as one of the best dive spots in Indonesia. What makes Bali so special as the best dive spot in the eyes of the world? Visiting Bali is a must if you want to enjoy the best time in life. Bali is not only popular with hospitality, culture, and tradition. There are many pleasures offered in it.

best scuba diving in Bali

Best diving in Bali from various spots offered for you to enjoy the amazing underwater scenery. Each dive site offers many advantages and disadvantages that you must consider before diving.

Best Diving in Bali to Customize Needs

The best locations for diving in Bali on all tropical islands are very different. Each location offers different sensations. In some locations, it is best for beginner divers. Best diving in Bali for professionals offers extreme and fun diving.

Amazing In West Bali Diving Spot

One of the famous ones in western Bali is Menjangan Island. One place that is a national park that offers the most beautiful underwater scenery. Best diving in Bali is not only the best for diving but also suitable for snorkeling. Menjangan Island is rich in marine and coral life. You can explore some diving spots and almost all spots have no current. This is an easy dive and is perfect for beginner divers.

Diverse Best Diving in East Bali

Some spots that you can explore such as Teluk Padang, Candidasa and Amed offer different sensations. Teluk Padang is very close to the beach and is worth exploring. You will find reef sharks, seahorses, frogfish, and many others. Best diving in east Bali for professional divers, like Gili Biaha. You will find a strong and perfect current if you are a professional diver.

Amed And Tulamben

Amed is one of the best diving in Bali which is also popular in the world. Amed dive spots are quite easy and can be explored by beginner divers because the flow is fairly easy. In Tulamben, you find a more mysterious underwater exploration spot. The shipwrecked the USS Liberty which was torpedoed in 1942. The 120-meter ship was covered with coral and became the home of underwater species.

Remembering Bali is not too big, you can explore many of the best diving places in Bali during the holidays. Enjoying Bali is not only limited to diving but also finds a lot of uniqueness that is stored and becomes an attraction for domestic and foreign tourists.