Variance Posh Real Estate Developers

Visit Our Website Building a new house is exciting, especially when you understand how the process works.  However, it is not as easy as most people think both in the aspect of development and management. This brings a lot of frustration to most people. If you are involved in managing every facet of the construction, then you should get yourself prepared for a lot of unexpected activities such as abandoning of work by some contractors, using of inferior materials or changing the finishing design completely. Also to be expected are stealing and damaging of materials at the worksite, communication breakdown, delays on the job and using inexperienced workers to do a substandard work. Most sub-contractors have the habit of walking away from the job if they feel they have nothing to lose. This occurs very often when they have collected reasonable upfront payment. Some decide to walk away from the job for no absolute reason. While some walk away after realizing they under quote...

Visit our website Real estate speculation  is the purchase of a real estate asset (building or land) with the hope that it will become more valuable in the future. It is a passive approach to making profit based on forecasts  and educated guesses of future real estate market trends not substantiated by firm evidence . Speculation leaves no room for the speculator to influence the profit outcome,  because there is not much you can do as a speculator to drive, influence or accelerate the appreciation of the land or building(s).  Real estate speculation can be likened to investments in stocks or sports betting in this respect. On one hand, real estate investments generally involve a degree of speculation on the potential for appreciation in the value with time due to changing market conditions (demand versus supply) and/or improvements in face value (infrastructural, social, economic, security) in the locality. On the other hand, it is important to note that ...

Visit Our Website In general, considerations for the location of a building comes first when choosing a house or building to stay or invest in. An excellently finished house interior can however make a huge difference on the perceived and true value (satisfaction of occupants or rental/sale value). When putting finishing touches to your building, consider using quality tiles, doors, cabinets, windows, electrical fitting, plumbing fixtures as well as beautiful and inviting paints. If the cost versus benefits of using expensive top quality finishing is not properly considered, you might increase your budget for the house but this may not translate to higher sale value  or rental rates. If the building or house is for rent, an investor should also note that this does not guarantee better maintenance by the tenants. It is wise to spend more of your budget in areas of the house people are most interested in and therefore value more. I would recommend that the most importa...

Visit our website   In general, people prefer a good community from where they can set out for work in the morning and return home after a long day at work without any problem. A community where they will have comfort and security thus be able to spend time with their kids, family and friends. This same community should have all the necessary social amenities that will enhance a good quality of life within convenient reach. In the developing world, rental rates are determined by the location, demand, condition of the apartment, size (outdoor space, living space and numbers of bedrooms and bathrooms) ,social amenities (like good roads, drainage, schools, playgrounds, shopping destinations, health services, entertainment venues and convenient access to transportation and regular electricity). Note that the finishing fixtures used in the house may or may not add value . For example, a house located in a beautiful estate in a community with excellent social amenities and good...

Visit Our Website Let’s quickly look at some ways of defining and actualizing financial independence; financial independence by net worth and financial independence by cash flow. Financial independence by net worth: Refers to the net worth of all your investable assets (excluding your assets that do not generate income like your primary residence, furniture, cars etc.)   divided by your annual expenses. Financial Freedom Ratio = investable asset/annual expense   For me this value should be greater than 40 to be financially free. This then means you can withdraw a fixed 2.5% from your asset annually (by liquidity) and your portfolio will last the rest of your life time. This will work better if you are 40 years and above. Remember that liability from children upkeep and education costs tends to decrease as you grow older, however, liabilities due to need for health-care or long term living assistance care can increase. Financial independence by passive in...

Visit our Website It is very important for an investor to consider expected yield and liquidity before investing in a real estate asset (land, buildings and estates). Any asset that can be ex-changed for money has a certain level of liquidity. During your ownership of real estate, the yield (rent) creates revenue and cash flow. However, your ability to sell your real estate at a reasonable price and in a timely manner is determined by liquidity. So what is liquidity? Liquidity describes the ease at which an asset or security can be quickly bought or sold in the market without affecting the asset’s price. Money or cash is considered the most liquid asset because of the ease of exchanging it for other goods or services, while real estate, securities, fine art and collectibles are all relatively illiquid. Typical order of asset liquidity are currency, securities (stocks, bonds and treasury bills),Precious metals (Gold, Silver, Palladium, platinum etc.), real estate and A...