All posts by Cecil Kuhn

Analyzing Your Real Estate Deals Properly

Running real estate business means you should always be ready with new deals that come your way. You need to know how to act on it since it can decide whether or not the deal is for you to catch. When you take too long, the highest possibility is the seller looks elsewhere. However, it is not good either when you jump into it too quickly. You have to evaluate the property because you don’t want to be a victim of regret in the future. Therefore, you need to develop the right system to analyze potential deals. You need to set up basic guidelines as well as perimeter to let you know if the deal needs to be pursued or passed on.

Analyzing Your Real Estate Deals Properly

How to analyze your potential real estate deals

It is not easy to set up the right guidelines and perimeters to analyze potentials deals that come your way. However, it needs to be done to prevent you from unnecessary problems in the future. Closing the right deals is important to build your real estate business progressively. Here are things you can do to analyze potential deals for your real estate business:

  • Pay attention on the time. Every deals requires different amount of time. However, both banks and traditional sellers need to the best offer that comes in the shortest time. Therefore, you are not supposed to pondering. You have to take action decisively instead. When have guidelines set, you will be able to moving forward from pondering. You can immediately do your due diligence such as finding necessary information. Then, you can make a decision whether or not to make an offer.
  • As an investor of real estate business, you need to run your own numbers since this business relies much on it instead of feelings. It doesn’t mean that you think everyone is trying to deceive you. It is just more reassuring when you gain the information you need. Besides, not all sellers give thorough information regarding to the property. Thus, you need to confirm it yourself to find out more about taxes, insurance, rents, utilities, and value. If you forget to run your own number, it is highly possible that you get bad deals.
  • The next thing to do to analyze the deal is by doing the right repairs for your market because not all repair money equals value. One upgrade may increase price value in some areas. However, it may actually decrease the value in other areas. Thus, if you are going to sell your rehab property then you should use real numbers. It makes realistic price.
  • When you see a property, it is important to not only analyze it for what it currently is. Instead, you can look at it for what it could be. As a smart investor, you should know that you can change the look of the property by using minor upgrades. Thus, don’t easily run away from a property just because of the looks. You need to be able to see through it and analyze what you can do to add the value.  

Komodo Diving Liveaboard: to Flores’ Flowers Under the Waves

Flores island might not appear anything like its name means—flower. Perhaps, the Portuguese who named the island back in 16th century has something in mind, or perhaps they have seen inner beauty of the island. Rather than a blossoming garden with blooming flowers, Flores is rich with spider-web like rice fields, hidden lakes, and thick forest though less tropical than other part of Indonesia. The greeneries, however, seems to get drier and drier on the west, until it turns fields of crips savannah covering jagged mountains in Komodo National Park archipelago. Though flower-free, the National Park radiates peculiar beauty; a wonderful land that seems like popping out from the lost world.

Komodo Diving Liveaboard: to Flores’ Flowers Under the Waves

A few decades ago, pioneer travelers that had been bravely ventured over Flores, Komodo, and down to the underwater world. And boy, another flower of Flores has been discover. A vast, large, and colourful coral with vibrant marine life blooms where water rules.

Since the rising popularity of Komodo’s underwater, now Komodo diving liveaboard has become an important part of most trip to the National Park. For most trip, diving has been an integral part that comes side by side with dragon hunting and island hiking.

What’s On Komodo Diving Liveaboard?

If you have been on diving liveaboard before, it should not be much different. You will be assigned to a cabin (shared or master with additional fee), having diving equipment ready on the dock, and get full course three meal a day. Komodo diving liveaboard operators in Flores usually offered two to five days trip, the latter is for true avid divers who wont leave Komodo before exploring its every dive sites. Three days trip are the most common booked trip, both for divers and non-divers.

Komodo’s Underwater Situation

Being part of coral triangle which expands from Philippines to Papua New Guinea to Bali, Flores is blessed with extremely rich marine life and teeming corals. To make it even better, the underwater region of Komodo also enjoys UNESCO’s protection status, preserving the area from illegal fishing and unsustainable harvesting method that will potentially destroy the fragile corals. As a result, Komodo’s underwater blooms with great diversity of fishes, corals, and reefs. The ocean between the National Park also become a nice home for the turtles, dolphins, manta rays, pelagic, to micro animals.

The water temperature in Komodo is normally quite warm, around 25ºC to 28ºC, particularly in the northern area. If you go to the southern part of the park, however, the water might get cooler which can reach down to 20ºC to 25ºC, though it can also change with the climate.

The best time to hop on Komodo diving liveaboard and embark on the diving adventure should be around November to January. On a bright day during these months, the water is the clearest, where you can see more than 30 meters easily. This is usually the best time to see a group of manta ray passing by in some Manta spot. However, watch out for the rainy season and high waves that frequently happen during December to early January.

The most peak season for Komodo trip, July and August, also offers great diving experience. Though visibility might be decreased for few meters, it’s usually the time where the sea is the richest, resulting in blooming marine life. August is also the best time to see Mola Mola, the sunfish of the ocean.

What are the Things you Should be Aware of to Become a Landlord?

Becoming a landlord is one of the solid ways when it comes to methods of investment. A landlord owns a residential income property, and it’s one of the most popular real estate investment option.  It had also risen in popularity because of several real estate tv shows such as HGTV. But what are the important things you need to be aware of before you decide that being a landlord is for you?

What are the Things you Should be Aware of to Become a Landlord?

Educate yourself in the ethics and laws of renting

Understand about security deposits and other intricacies that comes with it. It’s also essential for you to know housing discrimination laws. This is something that could cost you a lot when you unknowingly fall into the trap of being unaware.

Checking your properties periodically

If you’re just starting out, you may want to live within or nearby your property for convenience’s sake. It’s important to check your properties periodically. The regulation is commonly stated in the legal documents signed when you take in your tenants. Inspections can be done in three months intervals. This is where you inspect closely how your property fares with your current tenants as renters.  

Remember that the returns take time

The residential income property scheme is definitely not quite like the “fixer uppers” scheme. It is clearly not a get rich overnight business model. It takes time and effort in order for a property to make its returns. Being a first time landlord, you may feel impatient. So have a realistic expectations. Talk to other landlords or go to a forum if you’re curious how much a landlord makes a return on their property investment.

Enforcing rules

It’s important to know how you can enforce the rules to your tenants politely. This is essential to make sure that rents are paid on time. The relationship between tenants and landlords is supposed to be just like any other business relationships. But it’s a bit tricky. If you live nearby or you live in the same building, you’re very likely going to see your tenants every day. Even though you’re good friends with your tenants, don’t let that as a reason for you to allow late payments.

Consider repairs on your expenses

Can you do your property fixing by yourself? This is often overlooked by first-time landlords. Things such as plumbing and repairing certain fixtures of your property will cost you money. It would be so much cheaper if you can do everything by yourself when you’re just starting out. However, knowing the right person can help a lot. Contractors can get expensive over time. So if you have connections with them, consult your intention and come to a win-win situation for both parties.

Do a background check

Knowing the relevant background of your potential tenants is one way to ensure that you will get your investment returns. Check their credit score in the tools available online. However, remember that credit score is not everything when it comes to determining whether someone is a good tenant or not. Students for example, may not have enough credit scores that could help you determine whether to decline or to accept a tenant. It’s a good idea to find more about your tenants by asking them yourself.

 

Feeling Nervous for Your Upcoming Komodo Liveaboard Trips?

Are you going to Komodo this year? Have a walk with the dragons and get the most breathtaking landscape shoot to bring back home?

Today, more and more people are taking the chance to travel to the pristine and overly gorgeous Komodo with Komodo liveaboard, wooden ships that offers an experience of living in boat while exploring Komodo to every nook and cranny. For the first timer, it can be an expanding experience to build new skills, deepening your knowledge of the world, and meet new people from all around the world.

Feeling Nervous for Your Upcoming Komodo Liveaboard Trips?

Listen to Those Around You

Being in aLiveaboard, you gonna be exposed a whole bunch new experiences from people around you. It’s a great time to learn stories—some might even sounds bizarre when you hear it for the first time! Some of the passengers might come for Komodo’s otherworldly diving sites and diverse marine life, and they might have spent half of their life underwater. They can give you great tips that couldn’t be found in the internet! Be ready for sailing days full of stories.

Do Your Best to Remember Names

How do you feel when a stranger that you just meet remember your name? You are feeling unexpectedly happy, right? To make your Komodo liveaboard experience even more lively, try to remember your sailing mates’ names. Starting a conversation or calling for helps will definitely get easier when you know who their names are.

Don’t Compare Experience. Respect Yourself

Being a newbie in liveaboard full of professionals and experienced adventurer, it’s easy to fall into the trap and start comparing yourself with the other. Don’t spoil your holiday mood by letting insecurities to slip in. If other people can see a mating dragon on their last trip while you barely see one, so what? What’s the matter if you don’t have the chance to swim with white tip sharks during this time while other divers did it a year ago? Being in such cool place like Komodo is already a blessing as itself. It doesn’t get less special just because you don’t experience what others did/

It’s Okay to Make Space for Yourself

Surrounded by travel mates in Komodo liveaboard’s limited space 24/7 might make you think that you need to be social all the time. But actually, you don’t. You don’t have to force yourself to engage in conversation out of boredom when you don’t feel it. Feel free to slip away and excuse yourself for early retreat to the cabin or one of your favorite spot in the boat with a book and good music. It’s your hard-earned holiday, after all!

…But It’s Also A Great Time to Open Up

Can you imagine a better setting than an adventure in Komodo liveaboard to eat in one tables with an architect, full time blogger, scientist, dive master, tattoo artist, and a digital marketing strategist from all countries and backgrounds? Everyone have something unique to share, and maybe you too! Break the barriers and let them opens up a whole new world for you.

Handling Your Property Business from Home

There are many ways to handle your property business. You can even work from home and it is not a bad idea at all. Many people even find it more efficient and effective to work from home. Of course, there is reason why it is still effective to work from despite of the circumstances. However, we are living in different day. Today, everything is easier due to the advance of technology. Thus, the concept of traditional office space is no longer a big deal. Everyone can work from anywhere they can as long as they have things to help them with that. Working from doesn’t mean you mix your personal and business space. As long as it is still productive then there is no problem doing it.

How to handle your property business from home

There are benefits working from home according to some studies conducted. For example, it is easier to focus and concentrate on the tasks since there is less distraction especially for those who live alone. The next benefit is the decreased cost because there is no need to pay for transport for example. There are basically other benefits received by those who have already experienced handling their property business works from home. How can you do it right then?

  • There is no big difference on how you tackle all your tasks from office or home. You still need to rely on a plan. You need to make a plan of the tasks you need to accomplish daily. You will have to list them in the right order based on the level of priority. You can try highlighting the most productive tasks so that you don’t need to waste your time. Thus, there is no reason to feel less productive when you work from home.
  • In making a plan to list the tasks you need to accomplish, you need to stick to the schedule. Thus, you will follow the schedule accordingly and finish on time. By having a time frame, you won’t lose your focus or discipline in managing your tasks. You also need to be specific in the amount of time you need to finish every task.
  • Handling property business is not all about administrative works. Sometimes, you need to build your networking by meeting with people, surveying potential are for investing, etc. Those stuffs shouldn’t bother you. You can still do all and include these activities on your work plan. You can handle them through email, phone call, text, or just go and meet them personally. Working from home doesn’t mean you are not allowed to meet people face to face though.
  • In order to make yourself comfortable yet productive, it is highly suggested to set up a work-friendly space. You need to create a specific area where you can work without any distraction. Thus, you will feel comfortable working from home but you can still focus on your work. If you live with others at home, make sure to tell them when you are available to be disturbed and not.  

Benefits Buy Villa Bali For Personal Investment

The Bali market is skyrocketing and people are starting to look for something special. Whether you are on vacation solo, family or group, the main and most important thing is to look for accommodation. More and more opportunities to find comfortable, cheap and luxurious accommodations. The graph of tourist arrivals in Bali is above the average each year. This is the reason more and more investors are building hotels, villas or resorts with complete and luxurious facilities.

Buy Villa Bali

Buy Villa Bali To Get Additional Income

No need to hesitate for property investment. The property market in Bali is always increasing and real estate purchases always exceed predictions every year. If you want to invest, buy a Bali villa can be something right and profitable. In fact, the value of investment in Bali is not too influenced by political temperatures or natural disasters. For example, when the Agung mountain spewed out lava, tourism continued to run stably.

The benefits of buy villa Bali for your personal investment are clearly visible. When you decide on an investment with a Bali villa buy, you have benefited significantly. Wherever your villa Bali investment location, don’t be afraid of losing money. There are many ways to use your investment to be an advantage.

If you buy a second villa Bali, pay attention to the quality factors of the building, and any possible damage to a building. If necessary, hire a construction expert to check your villa. When maintenance and maintenance are done well, the value of your investment will increase.

One more thing that you should pay attention to when buy villa Bali for quick profits. You can rent villas for tourists, especially those who need holiday privacy. Villas are a destination for many tourists, both honeymooners, stress relievers or other private interests. Think about the best promotions so that rental income can pay for your bank mortgages. Isn’t this a brilliant idea?

Services for guests are the main if you want to promote the villa based on the recommendations of the guests. I think this is a simple and fast way of promotion for guests to return in an astonishing amount. Ensuring your guests’ comfort and privacy are always guarded. Satisfaction of guests will bring blessings and profits multiplied when you decide to buy villa Bali for a comfortable, luxurious accommodation and private vacation.

Or if your time is excessive, take advantage of your vacation with family by visiting your villa Bali. This is also useful so that you can inspect the villa and make repairs if needed. The main thing before deciding on buy villa Bali is how you do financial planning so that there is no bad credit. Make sure before you buy villa Bali, the document process runs well without any legal issues, which may harm you.

Ancient Architectural Styles as Inspirations in Commercial Properties

While these architectural styles are normally not used in its entirety in modern houses, some public and commercial properties still do. And it’s always fascinating to look at the trail of history blended with the everyday modern lives. The list touched upon here is by no means expansive. It’s merely some of the most popular styles in which many of today’s functional buildings are based off of. Let’s take a dive at some of the ancient architectural styles we can still find today.

Ancient Architectural Styles as Inspirations in Commercial Properties

Classical architecture

It could be said that the Classical architecture was the predecessor of all of the architectural styles in the Western world. The classical architecture commonly referred to the Greek and Roman architectures. One of the earliest known architectural principles is also found in the classical architecture. One defining characteristics of the classical architecture is the use of columns. Columns can be seen particularly in the façade or the face of the building. Used in modern constructions, the classical architecture would give the impression of being imposing. There are property business firms specializing in the classical architectural style. One of the recognized one is the property firm of Fairfax and Sammons.

Baroque architecture

One of the most prominent examples of the Baroque style building is the Palace of Versailles, France. The Baroque style originated in the 1600s. This style of architecture is characterized by several key visual points. Lavish, intricate ornaments, luxurious paintings and figures in ceilings and walls, vibrant interior colors, and overall visual impression that speak of grandiose. There is an organization known as Trust for Architectural Easements that endeavored to preserve America’s architectural heritage in which some baroque architectures are preserved.

Gothic architecture

Today, gothic architectural styles can still be found in many churches. The Cathedral of Notre Dame de Charles is one among many of gothic architectural styles’ prime examples. Gothic style was traced back from the 12th century. New technologies in constructions had enabled buildings to be built higher compared to many of its predecessors. The gothic architecture can be described as intricate and graceful. Many of Gothic buildings have pointed arches as one of its defining characteristics. The revival of Gothic took place during England’s Victorian Era when numerous buildings were built with distinct gothic elements.

Ming and Qing Dynasties architectures

The largest and most prominent architectural proof of this architectural style is the Forbidden City located in Beijing. The architectural style of the palace complex in China much reflect the hierarchical culture of the ancient imperial lives. Ming and Qing Dynasties architectures has the visual characteristics of being axial symmetrical. The important buildings are often located at the center, while smaller buildings or houses are found on the sides. Much of the palace’s materials were constructed with wood, while staircases and walls were constructed with stones.

Renaissance architecture

The term “renaissance” itself meant “awakening” or “rebirth”. The renaissance architecture is the revival of the classical architecture. This period happened during the 14th century to 17th century across Europe. The classical elements of Greeks and Romans during this time was not simply reflected in the architectural styles, but also in the European culture in general.

 

One of Best Thing in Life Happened in Komodo Cruise

When you think about a cruise ship, you might picturing a large carbon fibre vessel with as much as 5,000 passengers onboard. But here in Labuan Bajo, their take of small ship cruising is rather different.

Instead of carbon-fibre plastics, the Komodo cruises in Labuan Bajo is entirely made of wood. It’s built following pinisi model, Indonesian traditional schooner. Rather than your usual cruise, think of a luxury design of Pirate of the Caribbean’s ships, which blends so beautifully with Komodo’s jagged islands and pristine sea. These cruisers can be privately chartered or enjoyed with no more than 15 people on board. It brings intimacy and exceptional services for travelers who enjoy a fus of thrilling adventure with pampering luxury.

One of Best Thing in Life Happened in Komodo Cruise

Being on a private boat with dozens of other people is no different than sailing with your personal yacht. You can be very private and self contained and, at the same time, easily remember the names of fellow travelers and soon sharing stories of the day around the loungers. And when you are enjoying your time in the ship, ships crew are waiting around the corner, and will gladly offering help whenever you need it.

Komodo cruise is probably the comfiest way to travel around the Flores Sea. If you think about it again, living for several days in the cruise ship is just like sleeping in a private floating holiday resort. It’s one kind of vessel that takes you into a wild frontier exploration without ever having to leave creature comforts behind. Interior of the boats is tastefully decorated with an eye for detail, leaving a very pleasant design to dwell in that will make you feel reluctant to go back to the land. Facilites are definitely on par with star hotel and yet, this floating resort is also equipped with a range of water sport equipments that you can choose. Kayak, canoe, and diving gears—sometimes even with a dive master onboard—are available to enrich your sailing experience.

Next is the itinerary. Komodo cruise will take you high on life—visiting Komodo’s best places that seems like they fell straight from the heaven during the earth’s creation. Often times, private cruises in Komodo let you to tailor your own itinerary in line with your needs. That is, if you are a keen diver, you can skip some of the minor islands and focus on exploring Komodo’s best and purest diving sites. You can fill the whole day by trekking to various islands, choose a favorite spot for sunset chill, or spare whole three hours in noon just in the boat, relaxing and enjoying the idyllic setting to the max.

Guide to Japanese Apartments You Need to Know Before Investing in Japanese Properties

Japan, particularly Tokyo, is infamous for its ridiculously high prices of residence. Prices per square meter are one of the highest among the places in Asia. The country and especially its capital is also notorious for their micro-sized apartments. But regardless, all eyes are on Japan. There are numerous reasons why people would want to invest their money in the properties here; a diversification is one of them. What are some of the most common terms you need to know before you start investing in Japanese properties?

Guide to Japanese Apartments You Need to Know Before Investing in Japanese Properties

Apaato and Manshon

Japanese apartments in everyday lives are referred to as simply アパート (read: “apaato”) an English-borrowed term from the word “apartment” itself. Apaato is commonly located in buildings that only have few floors. Apaato is rarely located in high rises.

The usage of the term slightly differs from “manshon” or “mansion” in Japanese terms. Mansion generally refers to more expensive residential buildings compared to apaato. Generally, mansions are built stronger, with reinforced concrete, and with an overall higher quality material, which translates to higher rent prices.  In Japan, mansions are, more often than not, located in high rises.

Genkan

traditionally, Genkan is the first place you’ll step foot in once you’ve opened the door to a house. It is the entryway where you’re required to take off your shoes before you come inside the house. Shoe boxes are most often placed in the genkan area. Genkan can be as small as half a meter, or even less, in width.  

Daidokoro or Kitchen

In modern Japanese apartments, especially those with the smallest units, the size of the kitchen can be extremely small. Most Japanese apartments have built-in stoves. It is common practice for small apartments or mansions to have the kitchen located at the front of their room before entering the bedroom.

Most of Japanese apartments and mansions are open-plan

Japan is infamous for their tiny apartments and the limited space. This is particularly true for Tokyo. Arguably the world’s most populated metropolitan city, the price per square meter is extremely high.  

Japanese Apartment Layout

You’ve probably heard of the term 3LDK, 1K, and such. But what do those numbers and alphabet mean? In Japanese housing, the number in the forefront indicates the number of rooms or bedrooms in an apartment or mansion. The letter “L” refers to Living Room, “K” represents Kitchen, while “D” refers to Dining Room.

It’s noteworthy that the size of the LDK rooms commonly allows for a bigger-sized dining room, while the apartments indicated by “DK” commonly have smaller dining area without a permanent separation from the kitchen area.

The 1K apartment is generally the Western equivalent of a studio apartment. Most commonly, the genkan directly leads to the kitchen, with the bathroom and toilet in the same area separated by a wall.

Meanwhile, 1R is the smallest type apartment where it literally means “1 Room”. A less common room type that can be observed is 1SLD, in which the letter “S” here refers to “storage” room. The storage room is more often than not, has a form of a walk-in closet. The size of the storage room itself does not have a standardized requirement and the only way to  accurately find out its sizes is by being present in the apartment itself/

 

Should You Chose a “Bottom of the sack” Location?

The famous real estate location includes what people commonly refer to as “cul de sacs”. Some people are willing to pay a premium for a location at cul de sacs. What exactly is a cul-de-sacs and what does that mean when a house is located in it?

Should You Chose a “Bottom of the sack” Location?

Cul-de-sacs is a French phrase that literally means “the bottom of the sac”. Cul-de-sacs are dead-end residential locations with end circularly shaped. Homes located in dead-end streets that didn’t have a circular shape is sometimes also referred loosely as cul de sacs, but more often just referred to as dead-ends.

 

In the past, cul-de-sacs was one of the most desirable locations for a house. Until today, some people are still specifically looking for houses in cul-de-sacs. However, today people’s tastes have become more diverse, with the millennial starting to own their first homes. Some people specifically avoid cul de sacs for their own reasons. These reasoning may or may not reflect what you’re also concerned about.

 

Cul de sacs are largely famous and desirable for the feel of privacy they offer. There is no traffic at cul de sacs, and therefore, it largely offers peace and quiet. You won’t have to deal with the sounds of traffic unlike when you live in arterial roads. There’s also the perceived sense of safety at living in cul de sacs. But these factors are often merely perceived, as there hasn’t been much studies conducted in terms of the safety factors of cul de sacs.

 

If you’ve been considering cul de sacs because of some of their known properties that resonate with you, you’re probably eager to have cul de sacs as your first home. There are also some undesirable qualities that cul de sacs have. It’s also noteworthy that some people have proposed the ideas to ban cul de sacs in some states for several reasons concerning sustainability.

 

Cul de sacs are also known to have a close-knit community within their neighborhood. There are quite a number of houses in the circular shape of cul de sacs and residents tend to bond over the proximity of houses. You’ll have a much smaller side yard but a bigger yard in the back.

 

Cul de sacs are also known to attract residents or homebuyers with kids or those who are expecting one. This neighborhood won’t be ideal for you who don’t appreciate kids running around right in front of your yard. Kids may also mean more property damage. Kids are able to play freely within the area of cul de sacs. A missed kick to a soccer ball may mean a broken window on your part. While this is merely a what-ifs, numerous people have reported broken properties because of kids playing.

 

The concern of environment largely has to do with cul de sacs have been criticized for being a poor use of land. The cul de sacs are also potentially dangerous because they put a restriction to neighborhood access. The debate has been going on for decades now. While the real estate business sides have been winning for decades, there is a possibility that cul de sac locations will be uniformly banned altogether in the future. Whatever your choice, make it with a full consideration of both sides of the issue in mind.