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/

 

3 Bedroom Villa Seminyak For Better Bali’s Coastal Vibe Experience

The beauty of the coastal vibes should never been missed when you are travelling or living in Bali. Even if you are just a few days to go, experiencing the true of the seaside serene can be the best thing you can get. At Seminyak, where it is one of the the village closer to the beach, it is possible to enjoy your ultimate travel moment at its best. And if you are require the beach house feel while staying in with your family, I’d like to inform you about the 3 bedroom villa Seminyak where the coastal vibes can be felt any minutes.

It is not 100% that the 3 bedroom villa at Seminyak will be designed and decorated with the tropical beach concept, but the way how you will get such experience will usually remain the same or even more than you have expected.

Villa’s provider just like the Hu’u Villas Bali is one of the name you need to look for and find. It is not only if you are travelling with your family, but also when you are even surrounding Bali by your own, alone. A completely accommodation provider that most likely will be for everyone.

You won’t only possible to rent the 3 bedroom villa Seminyak as I have been mentioned or what the provider is calling it as the 3 bedroom penthouse, but you can also get your own 1 or 2 bedrooms villa.

3 bedroom villa Seminyak for better coastal vibe experience in Bali

The interesting thing can’t be possible to stop at there since there is also another surprising concept for all the guests. Even though that the main accommodations are started from 1 up to the 3 bedroom villa at Seminyak, you can also get your own numbers of bedrooms as you need up to 13 bedroom configurations as maximum.

Wait, what!?! The villas are designed to be possible to unite 2 villas. For example, the 1 and 2 bedroom villas will be perfect to be connected to make the 3 bedrooms villa Seminyak. And did you know how do that will be possible?

An interconnected villas design is all the answer you need if you are wondering around about it. Even I think that this design is possible the first applied in Bali. I am not sure about that, but I have no doubt in saying it. Never heard about the lookalike design concept before, that’s why I think this is the pioneer.

Now, let’s forget a bit about how the villas are designed. Let’s see the actual Bali and its coastal vibes when you are decided to stay in the 3 bedroom villa Seminyak with your family or friends.

One of the best accommodation to rent when you are willing to stay at the beach or close to it is to have a condo or a villa. I won’t never recommending you to stay in a hotel even though it is also can be considered based on the condition and location you are willing to stay. But if you need the travel accommodation at Seminyak, then the villas will be mostly in my own recommendation.

Related to the villa provider I have told you on above, all the villas are provided with the private pool. And that will be one of the best thing you can get to start experiencing the beauty of the coastal vibes in Bali. Mostly, the beach will be reached in around 3 minutes by walking distance. And that will actually the best thing you can asked for the villa accommodation.

The surrounding neighborhood won’t also bothering you when you are inside the villa. It is so much private so you are possible to swim in the pool without even a single yarn on your body.

Shopping galore are within the walking distance as well and so with the spots such as the tasteful restaurants and cafes or even clubs. All you need to get more fun at the coastal and experiencing the pleasant tropical atmospheres are around you. No where else to go if you want. Not to mention about the other interesting places, attractions and destinations around Seminyak.

That’s why, if you are renting the 1, 2, 3 bedroom villa at Seminyak or even the interconnected villas, the coastal vibes in Bali is no longer the thing you are worried about.

What You Need to Know about Short Sale in Property Business

There are many terms that you need to understand comprehensively when it comes to property business. There are many strategies to use in order to close the deals and earn profit. Every investor may use different ways or approaches in achieving their goal.

If you are familiarizing yourself with this business, you might as well learn about short sale. It is a term means transaction where lender agrees to sell their property for less than the amount owned. There are many reasons why this case happens.

Short sale in property business

One of them is homeowner being late in their mortgage. The term short sale sounds simple but it goes along with the amount and paperwork as well as guidelines.

About short sale in real estate business

For a homeowner, it is quite challenging to just sell their house especially with negative equity. They need the lenders approval to be able to sell it. They need to reasons well why they want to sell their house. If not for being late or having some hardships, it will become more difficult to get the lenders approval.

The logic is simple. Lenders don’t likely to own real estate so they prefer to sell it with discount instead of taking it back for foreclosure.

In order to do the short sale, homeowners need to complete needed documents. It is quite similar to mortgage application in reverse. With those documents, homeowner has proof that they are indeed in difficulty to pay the loan.

They need to show hardship letter, worksheet of expenses, tax returns, bank statement, as well as pay stubs.

Along with needed documents as mentioned above, it is also more useful to include supporting documents such as estimation of repair, pictures, recent sales, and even listings to compare.

Another thing you need to know beside the document is that the length of time to close takes longer than you expect. It may take sixty days to close for the fastest period. It can also last to ninety days in average. Meanwhile, investors most likely like to avoid short sale deal since difficult short sale deals can take longer than half a year and even more.

Lots of new investors are curious to find out if short sales damage the credit of homeowner. Of course, this case is not ideal but it is considered better than foreclosure or worse, bankruptcy which stay on the report for long period of time.

However, short sales do impact the recorded mortgage rates. As mentioned before that this is not ideal situation but there are still positive things to take.

Therefore, it is highly suggested to ask help for help from real estate agent who has experience and credibility to handle this case if you are interested in short sales.

Even though this is not perfect case, there are many investors closing the deals every day. Thus, it is important to dig out as much information before doing anything else. Asking for advice from professional will also be helpful so you can take the right decision.

Relieve Your Stress With The Lightweight Backpacking Hammock

Each problems have their own levels. For some issues, you may can solve them faster. There won’t be much times to spend on them so you can focusing on doing something else. But for the others, the problems may need more times and even money that will lead you to get more stresses and maybe anxiety. Later, what you are thinking can be your own burdens that you take anywhere before they are being solved.

So, how those stresses and anxiety can even relate to the lightweight backpacking hammock? Furthermore, I was even write that they can be relieved?!

In answering the both questions, I am going to guide you first to the benefits of the travelling. I won’t talk too much about the trip advantages but the simple ones. Travel can change the way you are thinking and sharpening your mind!

Camping using the lightweight backpacking hammock at the forest can relieve your stress

I think that both benefits are experienced by most of us. Have you ever stopped jogging in the morning for awhile and then later you were deciding to start doing it again? While you were jogging, sometimes you will get the new point of view without thinking too much. Even you will get the idea (suddenly) of how to solve your problems?

The idea that you have never thought about before!

When you are exercising, you are getting rid of your body’s toxic. You will see the scenery that you have not seen for long, meet the new faces, and stuffs. Magically, those things you are see, hear and feel will contribute in unimaginable way to stimulates our brain to see the thing in different way. More exactly, we are seeing things positively—at least, you may say to yourself that “I am blessed.”

Those activities that are possible to be adopted and will really suits us with the use of the lightweight backpacking hammock.

For example, the lightweight backpacking hammock can’t be separated with the camping activity, at least until today. I am sure that many of us are encouraged to find the best spot for camping and experience all the surround.

You are possible to walk to the camping ground where you can sweat a lot. You are actually exercising with the lighter gears in your backpack including the hammock. And when you have reached the spot, setting up the hammock, you can give yourself a bit of rest for minutes.

The interesting thing about backpacking with the lightweight hammock camping is not only about getting out the toxic from your body through the sweat, but also can help you to sleep in highly comfort and a chance for a deeper sleep.

Science told us that the deep sleep is a mysterious state whom many or even most of us are experiencing it several times every night. Yes, sometimes you can get a deeper sleep more than once.

Benefits for us are we could restore our energy while doing nothing, will help our cell regeneration, strengthening the immune system and many more. In short, if you were into the deeper sleep a night before, you’ll wake up refreshingly.

Another mysterious thing related to the lightweight hammock is; it will helps us to sleep faster than before even if you have insomnia.

You can use the lightweight hammock both at the outdoor or inside your hammock and you will still get the same change to make your body and mind even better. That’s how you will also experience that your stress, anxiety and the others that bothering your mind will be relieved.

Therefore, get your own lightweight backpacking hammock right now!