Being an investor property requires carefulness in choosing property. This skill is needed so that we get the right property, where the right property will give positive cash flow.
In addition to the need for carefulness in selecting property, an investor also requires expertise in assessing property, where this skill is obtained from learning.
Learning can be directly from the experience that accompanies the steps as a property investor, can also learn from investors who have successfully run the profession as a property investor.
To be successful as a property investor, there are several things to watch out for. According to Dolf De Roos, PhD - an international property investor, there are no less Eight Golden Rules to be considered to be a property investor:
This is closely related to the skills in assessing property. An investor should know that the price of a property is profitable or overpriced. This expertise arises thanks to the mastery of investors against a particular area.
For example the market price of a property is Rp. 1.5 Billion, you already make money if you successfully buy at the price of Rp. 1.1 Billion. With the market price of Rp. 1.5 Billion if sold quickly at a price of Rp. 1.4 Milyarpun already make money Rp. 300 Million for investors.
Many of the properties with the sign will be sold, but in fact the owner does not intend to sell, at least the owner does not need too fast to sell his property.
Cases like this often occur if the owner just wants to know the selling price of his property. If this condition you encounter should look for another property, because the owner will not serve bargain prices. Moreover, the price submitted far below the price of demand.
As an investor we just stick to the principle, whether the property generates positive cash flow. No matter how good a property, whatever we like about the property, if it does not produce a positive cash flow should not be an investment property. It would be different if the property will be used as a residence.
In negotiating usually people who mention the numbers in advance are in the losing party. Let the seller mention the number first we bid. Because if we ask the number terlbih first may be our initial offer price is higher than the sellers desire.
Property is heavily influenced by macroeconomic conditions. Property has its own cycle. Not always good conditions for investment in property. Therefore required a strong endurance to survive as a property investor.
Like investing in other fields, investment in property is also not always successful. There will be a time when you will not generate positive cash flow in a transaction. People who join in investing in property will surrender if found conditions that are not in accordance with his wishes.
Unlike if we do love this world, losses in a transaction does not cause us to resign as property investors.
Buying with as little as possible the down payment causes the ROI level to be greater. This is one of the good properties of the property, can be purchased without paying the price in cash.
Many payment instruments that we can use to help this buying process, such as with the help of credit from banks and postponement of pay in accordance with the agreement with the owner.
Another advantage with the purchase pattern by paying his face money alone is we can allocate money to buy other properties with the same pattern. So at the same time we can have some property with a price higher than the money we spend to buy.
As a property investor we must hold the property for as long as possible. Because it has become a property property price will always rise especially if detained for ten years more.
I still remember my acquaintance bought a shop in the area tebet with the price of Rp. 800 million in 2003. Now in the year 2013 the price has reached Rp. 4.5 Billion. Can be paid the property price is ten years away.
There is no definite data on really good deals. People have different perspectives on a transaction. A really good deal we will not get if we do not work on it.
And as we continue to search and search, we will discover things that were unimaginable before, a friend of mine said in a conversation, if we keep trying and even trying to find what we find very difficult to achieve nature will respond to what we want.
In addition to the need for carefulness in selecting property, an investor also requires expertise in assessing property, where this skill is obtained from learning.
Learning can be directly from the experience that accompanies the steps as a property investor, can also learn from investors who have successfully run the profession as a property investor.
To be successful as a property investor, there are several things to watch out for. According to Dolf De Roos, PhD - an international property investor, there are no less Eight Golden Rules to be considered to be a property investor:
1. Make Sure to Make Money When Buying
This is closely related to the skills in assessing property. An investor should know that the price of a property is profitable or overpriced. This expertise arises thanks to the mastery of investors against a particular area.
For example the market price of a property is Rp. 1.5 Billion, you already make money if you successfully buy at the price of Rp. 1.1 Billion. With the market price of Rp. 1.5 Billion if sold quickly at a price of Rp. 1.4 Milyarpun already make money Rp. 300 Million for investors.
2. Buying Property Only From Sellers That Are Intending to Sell Its Properties
Many of the properties with the sign will be sold, but in fact the owner does not intend to sell, at least the owner does not need too fast to sell his property.
Cases like this often occur if the owner just wants to know the selling price of his property. If this condition you encounter should look for another property, because the owner will not serve bargain prices. Moreover, the price submitted far below the price of demand.
3. Love the Transaction, Not the Property
As an investor we just stick to the principle, whether the property generates positive cash flow. No matter how good a property, whatever we like about the property, if it does not produce a positive cash flow should not be an investment property. It would be different if the property will be used as a residence.
4. Never Mention the Offering Number
In negotiating usually people who mention the numbers in advance are in the losing party. Let the seller mention the number first we bid. Because if we ask the number terlbih first may be our initial offer price is higher than the sellers desire.
5. Do not Participate
Property is heavily influenced by macroeconomic conditions. Property has its own cycle. Not always good conditions for investment in property. Therefore required a strong endurance to survive as a property investor.
Like investing in other fields, investment in property is also not always successful. There will be a time when you will not generate positive cash flow in a transaction. People who join in investing in property will surrender if found conditions that are not in accordance with his wishes.
Unlike if we do love this world, losses in a transaction does not cause us to resign as property investors.
6. Trying Always to Buy Without Or With A Little Advance
Buying with as little as possible the down payment causes the ROI level to be greater. This is one of the good properties of the property, can be purchased without paying the price in cash.
Many payment instruments that we can use to help this buying process, such as with the help of credit from banks and postponement of pay in accordance with the agreement with the owner.
Another advantage with the purchase pattern by paying his face money alone is we can allocate money to buy other properties with the same pattern. So at the same time we can have some property with a price higher than the money we spend to buy.
7. Rarely Sell Your Property
As a property investor we must hold the property for as long as possible. Because it has become a property property price will always rise especially if detained for ten years more.
I still remember my acquaintance bought a shop in the area tebet with the price of Rp. 800 million in 2003. Now in the year 2013 the price has reached Rp. 4.5 Billion. Can be paid the property price is ten years away.
8. The Best Transactions Throughout the Decade Occur Every Week Once
There is no definite data on really good deals. People have different perspectives on a transaction. A really good deal we will not get if we do not work on it.
And as we continue to search and search, we will discover things that were unimaginable before, a friend of mine said in a conversation, if we keep trying and even trying to find what we find very difficult to achieve nature will respond to what we want.
