There are various factors influencing your property investment business. One of them is property market. You must have known that it has its own phase such as downturn, stabilisation, and upturn.
Involved in property business means you will likely experience each phase eventually. Of course property market plays significant role in property investment business. However, it is not what can determine your success.
If you have better understanding about how property market and its timing as well as cycle, it will be easier for you to find opportunities to strike and build great portfolio of your investment.
Property market, cycle, and timing
Property market works differently based on the location of the state. Different property market also means different performance. It is also common for investors to focus on property cycle that they tend to forget any other important factors that count.
Lots of investors wonder whether they miss the cycle due to bad timing, making their strategies don’t work according to the plan.
First thing first, what you need to understand is different stages in the market cycle. It is important so you can optimise the return of your investment while taking lower risks. When you know more about how the markets work, you can predict where it is heading to.
Thus, you can make quicker and smarter decision compared to the averages.
Of course, understanding property market doesn’t guarantee you a 100% success rates in investing because many other factors involved such as timing.
Timing in property investing is important because you don’t want to buy investment property at the wrong time because it can lead to financial loss. However, successful and smart investors don’t always depend on the timing or cycle poorly in good times.
The point about property market, cycle, and timing is that they are all important because they are also part of the business.
It is good and beneficial to understand about how property market works. However, solely depending on it is not healthy for your investment business. Instead of focusing on what happens in the market, it is much better to focus on building your portfolio and planning long-term strategies.
You can find opportunities quicker than others when you understand more about the market, its cycle, and the best timing. However, you can also create your own opportunities to create wealth regardless the situation in the market.
The keys are quite simple.
You need to invest in investment grade property at the right location with local economic growth. You also need to focus on making the time-proven strategies so your investment plan will run smoothly.
Remember that the cycle keeps changing and the timing is never perfect. If you focus on more important matters just like what has mentioned earlier, the timing of the property cycle won’t affect your investment too much.
You won’t have to worry about those things because you have been prepared with effective strategies and financial setting to thrive. Don’t wait until the time feels right because it will never come when it comes to investing.
Sometimes, family vacation can be tough ever since there aren’t many family-friendly destinations and travel packages at your recent favourite location to visit. But for the next travel idea, what if you are experiencing a surf camp vacation in Australia with your family?
A surf camp in Australia while you are in a family vacation may have never been thought of before, but who would have guess that it might be a travel idea your family is actually need. Besides being on water while riding the waves can be fun when you are doing it together with your family members, a surf camp will also be your next educational travel idea that will refreshing your mind instead of making it works harder.
Perfect surf camp in Australia for family education and fun
You may are underestimating me by thinking that a surf camp in Australia itself is only for those with surfing experiences for years. Even though they can’t be the professional surfers, they must have been mastering all the basic knowledge and skills or techniques that are needed to be on the surfboard and conquering the waves. In fact, you are wrong if you are thinking so. A really big mistake of thinking.
How can a surf camp in Australia be the family-friendly travel idea and destination if you have to be the experienced surfers first? And honestly, it is even welcoming all the beginners and surfing enthusiasts even though all they are knowing just the name of the sport surfing itself and no more than that.
Beginner surfers are warm welcomed in a surf camp either you are coming alone or with your family in Australia.
If you need a proof for that, you can checking out the surf camp Australia package which is “The Family Fun Deal” offered by NomadSurfers.Com where it is located at Coffs Harbour, New South Wales and specially designed for two adults and two kids that are under 18 years old. For me and you, this can be the perfect choice for parents with two kids, isn’t it?
There are some more packages for family in vacation at different locations, but you can always started it out with the above surf camp location where you are going to stay in the Park Beach Surf Apartment that will pampering your eyes with its beautiful scenery.
The family fun deal itself can takes up to 7 days with differ and interesting itineraries. You can experience the daily surf-lessons for all levels of surfer and non-surfer if you are requiring it, sunrise surf at the favourable spot in Woolgoolga, visiting local specialty shops, sight-seeing trips, invite your family in eco-tours and many more.
You can even teach the kids about Kayaking as well if you really wants it. And there are more additional activities for your family to experience ever since you are possible to custom your own trip and itinerary.
It is a surf camp in Australia that can be a dream of many families out there. And if you can afford and have got times for that, you may have no reasons left not to experience this travel idea sooner.
Humans are called an irrational creature. We tend to simplify anything in our surrounding especially when we have to make choices. We made various choices each day like what time to get up, what we want to eat or when we need to go to the bathroom.
Most of these cases are decided automatically since we have made these choices frequently. We will not waste energy and the answers are easily generated.
However, there’s a big problem with automatically decision making. Often, in the end, we felt that we have made the wrong decision. Thankfully, we study and learn as much information as we can in order to make a better decision. These following are the most common errors we usually make on decision making. Avoid these and you will significantly improve your business.
The Money Loss Fallacy
This the most error we all make. In many cases, decisions that we have made are final and there’s no turning back. Even if you have lost some amount of money of investment, you should clear your mind and see the situation at hand is not relevant again with the loss.
You should be a better focus on the present situation and find new options. Take aside the sunk cost you have tasted and see everything in fair-minded.
Most people would be repulsive if they face some risks even though the reward could be greater. On the other hand, you might agree if the chances you lose are extremely small. When you are in situations that would be repeated over time, it is better to take one step back and choose to play average games.
Including emotional Aspect into Decision Making
Most people ever had this kind of emotional mistake. When you are upset or angry about something, you yourself is considered as the worst decision maker. When you need to make some important decisions but having a terrible mood, you have to hold off for that moment.
Wait until your emotional feelings cool down and capable to think clearer. This will help you get rid of any unnecessary influences from the outside and allow you to think in a more rational way.
Preconception information is one of the common mistakes in the domains of the behavioral economy and psychological. The expert says that preconception information or confirmation bias can hurt the ability to maintain an open mind thus altering your opinion.
When you hold a certain belief, you typically will only see the information which confirms your opinion and ignoring other data that tells the contradictory story.
This is a situation when we are tired physically or mentally, we are bound to think an uncritical way. Some people might see this as merely intuitive sense, but this is the very aspect that mostly causes us to make bad decisions.
Try to remember the times when you are really exhausted after a long period of the conference.
These moments are exactly when you are not wanting to think anything hard. Even, you will let your brain to work spontaneously. If your condition is already tired but has to face some challenging decisions, you will rely more on your intuitive sense rather than having it analyzed thoroughly.
Have you been read about the 3 bedroom villa at Seminyak with its own library before? I bet, you may have found one or two posts on different sites that may talking about it but not in an exclusive way as what I am doing now.
I am pretty much understood that when people or travelers are looking for an accommodation, a place to take a rest for awhile, many of them may not specifically requiring that there should be a library, books, nor even a pair of table and comfort chair for reading. But if you can really have such amenities, then they could a pleasure and enjoyment for some people and even yourself.
Reading while you are staying in 3 bedroom villa Seminyak may not your priority, I am sure about that. But doesn’t mean that you won’t experiencing it at all, right?
High privacy of 3 bedroom villa Seminyak that allowing you for reading in comfort atmosphere with your family
When there will be a library, don’t you think that it will be a sign of a soundless and private dwelling place? You can even reduce the hard thinking and keep on reading in a comfort where the 3 bedroom villa Seminyak itself has a large room for that.
If you don’t trust me in that, see the image below and think about to rent that 3 bedroom villa Seminyak with your family.
As show on above, the villa or the 3 bedroom penthouse at Seminyak as the management is calling it has a large living room where it is surrounded by the mini-bar, a library, and actually in front of the comfort and long sofa is where the LED-TV is placed on the wall.
You will also notice that the bookshelf as I am referring it as a library is placed facing the private pool. What could be better than those things? The room will not only a great place to read the books but you may have the other ideas as well. Right outside the room, it will also a great place for having a fresh drinks while watching kids swimming around the 12 meters of the plunge pool.
This 3 bedroom villa or penthouse at Seminyak is presented by the hu’u Villas Bali. If you haven’t been known about it, you’d better start looking for the information especially when you will need this kind of accommodation while traveling with your family in Bali.
Renting and staying in this villa with its own library won’t makes it as an educational accommodation, but at least that will be a family and kids friendly accommodation you can get in Bali.
Anyway, what shown on above image is only what you will experience in the living room. There still some more rooms that can be interesting to be used by your family. Not to mention that the outdoor’s features can also create the better experiences while staying.
Feel free to visit the site and see how that 3 bedroom villa Seminyak can be your best stop in Bali.
There are many ways you can do to create and build wealth. Besides, everyone wants financial freedom so it is just right to pursue it in the most effective way. However, the choice is yours. You don’t have to follow others just because they have already achieved their dream of building their wealth.
One thing for sure is, property investment can be one of the most effective bridges to build wealth. Of course, it also has its own risks and weighs you need to consider. However, it is so rewarding once you can reach your goal.
Creating and building wealth by investing in property
Every investor must have had their on fair share in making mistakes and failures throughout their journey in property investing. When you decide to involve in property business, sometimes mistakes are inevitable. However, making mistake is different from failure. You can make mistake but instead of giving up, you should keep moving on.
Mistakes are invaluable lessons. The idea of creating wealth through property investment is not something unattainable. There have been proofs of people who succeeded at property investment. They have become successful, wealthy investors and gain their own financial freedom.
The cash flow in property investing. This is important because you need to maintain the cash flow to be at least balance and run smoothly. However, building wealth won’t do just by relying on the cash flow.
What you also need to pay attention to is the net worth. It is your asset base that you need to build in order to create and build your wealth. It is done through various stages of course. It is not a simple thing to do either. You need to make sure to place your money in the right property to invest, then try to lower the loan until you can live off your portfolio.
Building your net worth. Consider your property as your bridge or vehicle to grown and build your net worth. If you own the right property, it will provide you high capital growth which contributes a lot in growing your net worth and building wealth. It is also important for you to secure your income and make it increase gradually. This process may take years so it is also important to build your patience.
Building wealth is not always about money but also network and relationship. Aside from focusing on how to build and grow your net worth, you also need to value your relationships with valuable people.
You don’t have to be an all-round investor that is good in everything. Remember that you can work in team consisted of reliable and skillful people. That’s why maintaining and developing network and relationship is important in property investment because it can make the process more efficient.
Leveraging your time is important too. Instead of trying to do everything by yourself, you should leverage your time by putting it to the best use. Trust your property manager and contractor to do tasks they are good at so that you can focus on other important things.
I think I’ve had a wrong decision for writing this. But frankly, most of the tourist spots that I have been visited in Bali aren’t really recommended as the photoshoot spots. And again, I can be wrong about that but there are some conditions or circumstances where they are really not the place you have to visit.
Photoshoot itself is mostly the special moment for you to take pictures. It can’t be as simple as taking your selfie with your own iPhone but it is referring to your Bali photoshoot taken by the professional photographer you have hired before.
Taking images at tourist spots can be the popular thing to do for many of us. But when its come to your special moment, it can be the thing you should have been avoided.
The first reason why you should never get your Bali photoshoot at the crowded destination is you will spend more of your times. Taking picture itself can be challenging. People may are walking here and there that can be the distraction for the photographer. Image can also be included with people that you won’t them inside the frame where this could leads you to use the extra service for editing and surely there will be money to spend.
Some people or clients are requiring the images will be as natural as they are, and there should never be the editing process after taking them.
If you are insisting to take pictures of your special moment at the popular spots, finding the right time and composition can really hard even though you can always try to come earlier before the others. But this may cause the natural lighting for your photoshoot won’t be as maximum as it should.
Next issue you have to know where the photoshoot can be hard to be taken place at tourist spot is some people aren’t getting comfortable by shooting their self at outdoor with the crowd. It will really need to hire a professional photographer that will encourage you to do some poses as if you are used to be a model of magazine.
This may sounds weird or funny to telling you that, but we have known that photographer will need you to be so as if you are the professional ones, but you are actually not.
Even if the photographer won’t be directed to do some weird poses, some people may also feeling shy for wearing the special clothes for the photoshoot. And when you are taking those images in tourist spot in Bali, I think there won’t be any chance for the other people not to make you as their point of view. Just imagine when the pictures taken at the beach by wearing the bride’s and groom’s clothes, you should be deal with your own mental when people are looking at you.
I don’t try to make this up, but that issue can be happen to some people and even yourself.
I am sure that all of those issues will be done correctly with some practical ways you have in mind and I will encourage you to do anything possible to get rid of all the issues. But if you can’t really deal with them, you’d better ask the photographer to find somewhere else where you can freely and comfortably when the photoshoot sessions are taken place.
Anyway, while the image of yours will be taken by the hired photographer, you should also prepare to be fine when people are taking your images by other people as well and they may also secretly uploaded them all in their social media accounts without your permission. That’s the risk when taking your special moment at the crowd and you can’t really hope that the popular spots will be as quiet as you need.
Establishing a profitable property portfolio is not an easy feat. It requires effort, time, and money. However, it pays off when you make it. After everything is established, you just need to relax, sit, and enjoy the reward of your hardwork. When you reach this point, it is easy to lose yourself that you forget about the future.
Remember that everything can go wrong in life including business no matter how good it seems in the present. There are many things that could possibly go wrong such as skyrocketing interest rates, leaving tenants, natural disasters, and many other potential risks you may face in the future. Therefore, it is important to make your investment future-proof.
Protecting your property investment from risky future
It is true that nobody really know what the future holds. Even the most experienced property strategist or advisor won’t be able to tell you about it. One thing for sure is that the future is risky enough to destroy your hard-earning property portfolio in an instant.
Therefore, you need to make your investment proof against the risks potentially appear in the future. Thus, your portfolio will remain string no matter what circumstance will happen in the future.
Protecting your established property portfolio from risky future doesn’t mean you need to act passively today. Remember that aside from being risky, the future also holds hope and opportunities for your business to grow bigger.
Thus, don’t take only defensive action in order to protect your property from the future. Be prepared for the worst but plan strategies to take opportunities as well. Defensive action is as valuable as offensive action when it comes to building property investment.
Inspecting your property regularly is one of the ways to make it proof from the future. Termites and leaks will be getting worse if you don’t take immediate action. Through regular inspection, you will notice potential troubles and handle them immediately before it becomes horrendous damage. Important regular action also includes frequent pest inspection. Inspecting the property is one of your property manager’s job. However, you can also do and inspect it yourself.
Another way to protect your established property portfolio is to have landlord insurance. It is good that you have already had home and content insurance. However, it will be more reassuring if you also buy landlord insurance.
It can cover the cost caused by potential damages by tenants as well as a no-income period you may experience in the future. Choose landlord insurance with the policy that fits your circumstances and needs.
Next thing to do to make your property less risky for the future is to not over the leverage. It is highly advised not to borrow more than 80% of the property’s value because it is too risky for the future of your portfolio.
It is also highly advised not to overcapitalize. Excessive spending such as for renovation or construction is too risky because you will be potentially suffered from huge losses. Thus, make sure to prevent yourself from overcapitalizing.
How to Make Your Property Investment Less Risky for the Future
Establishing a profitable property portfolio is not an easy feat. It requires effort, time, and money. However, it pays off when you make it. After everything is established, you just need to relax, sit, and enjoy the reward of your hardwork.
When you reach this point, it is easy to lose yourself that you forget about the future. Remember that everything can go wrong in life including business no matter how good it seems in the present. There are many things that could possibly go wrong such as skyrocketing interest rates, leaving tenants, natural disasters, and many other potential risks you may face in the future. Therefore, it is important to make your investment future-proof.
Protecting your property investment from risky future
It is true that nobody really know what the future holds. Even the most experienced property strategist or advisor won’t be able to tell you about it.
One thing for sure is that the future is risky enough to destroy your hard-earning property portfolio in an instant. Therefore, you need to make your investment proof against the risks potentially appear in the future. Thus, your portfolio will remain string no matter what circumstance will happen in the future.
Protecting your established property portfolio form risky future doesn’t mean you need to act passively today. Remember that aside from being risky, the future also holds hope and opportunities for your business to grow bigger. Thus, don’t take only defensive action in order to protect your property from the future.
Be prepared for the worst but plan strategies to take opportunities as well. Defensive action is as valuable as offensive action when it comes to building property investment.
Inspecting your property regularly is one of the ways to make it proof from the future. Termites and leaks will be getting worse if you don’t take immediate action. Through regular inspection, you will notice potential troubles and handle them immediately before it becomes horrendous damage. Important regular action also includes frequent pest inspection. Inspecting the property is one of your property manager’s job.
However, you can also do and inspect it yourself.
Another way to protect your established property portfolio is to have landlord insurance. It is good that you have already had home and content insurance. However, it will be more reassuring if you also buy landlord insurance. It can cover the cost caused by potential damages by tenants as well as a no-income period you may experience in the future.
Choose landlord insurance with the policy that fits your circumstances and needs.
Next thing to do to make your property less risky for the future is to not over the leverage. It is highly advised not to borrow more than 80% of the property’s value because it is too risky for the future of your portfolio. It is also highly advised not to overcapitalize.
Excessive spending such as for renovation or construction is too risky because you will be potentially suffered from huge losses. Thus, make sure to prevent yourself from overcapitalizing.
When it comes to spend your holiday, Bali is a great destination to go to. Not only it offers charming nature but also because it has the best accommodation you could ask for. The best accommodation would be Bali villas, especially, the private and luxury one. Of course, there are many types of villa you can rent for your holiday in Bali. However, private villa usually offers more than simple accommodation. It is more than a place to stay at during your holiday. It is where you can make the most of your holiday besides tourist attractions of course.
Why private Bali villas?
People, especially travelers choose accommodation based on many considerations. It can be price, size, location, and even the type of serviced offered. As for accommodation in Bali, private villas are more preferable both for solo travelers or those who travel in groups. So here are some reasons why people prefer private villas instead of hotel or hostels to stay at during their holiday in Bali:
- Price is often the first thing taken into consideration when travelers look for perfect accommodation. If you think villas are more expensive than hotel then you are wrong. It depends on many things and not just as simple as the size of the building. It usually depends on what kind of services you will receives, the facilities you can enjoy, and privilege you gain. Thus, private villas are not only for luxury travelers but also for everyone who seek for more comfortable place to stay at.
- From service, there is no differences from how the hotels work. In Bali specifically, the service coming from private villas are mostly satisfying for the guests. However, service at private villas are usually more exclusive. It is not only because most of villas accommodate fewer guests than hotels but also because that’s how the way private villas works in giving the best service privately and exclusively. Every penny you spend to rent a private villa in Bali will be just worth it.
- From staffs matter, private villa usually have in-house staff ready at your service. Desk-front staff, manager, gardener, and cook are ready to provide what you need. There is no need for guests to do mundane things if they don’t want to such as doing laundry or grocery shopping. That’s why staying at private villas in Bali more preferable because everything is ready for you that all you have to do is going out to explore many places in Bali and come back at private villas to take quality rest.
- Another perk of staying at villas in Bali is that most of them overlooking stunning view. There are villas situated in the middle of rice paddies. Others situated at beachfront, and there are also villas located in the middle of the jungle like most of villas in Ubud. Staying at one of Bali villas means you can choose one of them that suits you the best. You can live off your fantasy of magical holiday in Bali by booking a private villa.
Are you thinking of starting a canteen business at school or on campus? Businesses can start anywhere and anytime, one of them is by opening a canteen at school. Children, surely like snacks, right? Before starting a business, share that you have to know a number of things, such as discussing strategy or not, then the market is elementary, middle school, high school, or college, etc. Then, although for children it sounds “anything can be sold”, but it would be better if you use children’s health too, don’t just sell food because it feels good. This article has collected some foods in the school canteen that can be your reference before starting to sell.
Who doesn’t like fried rice? Surely, everyone likes it. How to make fried rice is very simple, you only need rice, onion, and garlic, then served can be adjusted to your creation.
Instant noodles and meatballs
Instant noodles are a favorite food. Nothing can match the delicacy of instant noodles. This food is delicious and never makes people bored. The average person who orders instant noodles as lunch, but sometimes there is also someone who wants breakfast using instant noodles. Then, if you have meatball skills, you can also sell meatballs too. If you sell instant noodles and meatballs together, children like to ask for the instant noodles plus meatballs.
Indeed, the children really like grilled sausages because the grilled sausage tastes really good. If you sell in elementary or middle school, you can divide the long sausage into two or three parts. You don’t need to provide combustion and charcoal, because of course, it’s much more complicated. You can use the Teflon and the stove instead. Provide tomato sauce, chili sauce, mayonnaise, and powder seasonings (such as bbq spices, cheese, pizza, etc.) for the flavor variants. You also should provide sausages in various flavors, such as original, cheese, spicy, and the others.
Bread and donuts
If at home do not have breakfast, usually children prefer bread. Besides being practical because it can be carried everywhere, spending bread doesn’t take long. Then the bread is also filling, so it can be a stomach booster until the bell breaks later. You can sell packaged bread that is ready to eat. Usually, this bread consists of various kinds of flavors (chocolate, strawberry, and so on). If you have a roasting, you can also provide toast.
Besides bread, donuts are also selling well among children, especially those who are in a hurry or don’t want to eat heavily. Donuts taste sweet and delicious, so sometimes someone makes donuts as a dessert.
Fruit juice and ice blended
The best-selling food recommendations in the school canteen are fruit juice and ice blended. Usually, fruit juice traders also provide ice blended too, because the ingredients and tools needed are the same, namely water, ice cubes, and blenders. For the fruit, try to always be fresh, because the quality of the fruit will determine the taste of juice too. Then, for ice blended, you can provide drink powder such as Pop Ice, Nescafe, Nutrisari, Milo, and the others. Also, provide a variety of jelly and bubble ice blended toppings.
Those are some food recommendations for your canteen business at school.
Being the only place on the world where you can see the last dragon roaming in the wild with unparalleled natural scenery on the surrounding, Komodo has become one of the most-sought destinations for many travelers. But the Komodo dragons won’t be the only thing. Located in Komodo National Park archipelago, Labuan Bajo, Flores, this far-flung destination offers beautiful sailing trip which will last a lifetime. Indonesian modern schooner “phinisi” boats are common choice to travel within the park and taste the beauty of each island. Among these choices, Komodo cruises Labuan Bajo stands among the best choice—and also a great place to practice green travel. You know, to help Komodo stay as pristine and as wild as it firstly found.
Simple Green Travel Tips to Do in Komodo Cruises Labuan Bajo
Reuse Your Towel
If you have done your research, you would know that Komodo cruises Labuan Bajo is one of the type of boat in Komodo with hotel-standard facility. That means they would apply the same level of service, which includes changing your towel regularly. Asking for new towels each time means wasting detergent. And when you are sailing on the sea, lots of usage of detergents is obviously not good for the marine environment.
Reduce Water & Electricity Consumption on Komodo Cruises Labuan Bajo
This should be a path to take whenever you go, but it get especially important on the crise as they usually has limited amount of water and electricity onboard.
Be Easy with Soaps and Chemical Liquids
Generally, cruise line has bed rep for polluting the ocean—especially the mega cruisers. Now, Komodo cruises Labuan Bajo might be more careful on that, regarding their size and and the protected water of the national park. But just as you know, everything on the ship would be flushed right to the ocean—including your bubbles of soaps. As we are still dealing with this waste proble, the best you can do is taking bath moderately!
Finish Your Meals
So that there’s no left-over food to be dumped on the sea.
Bring Your Own Toiletries
So that there are no more disposable, one time toothbrushes and hair cap floating on Flores Sea.
Use Your Own Water Bottle
—or use the one provided by your Komodo cruises abuan Bajo for the rest of the trip. That means refill the water whenever there’s any opportunity instead of getting a new one each time.
Take nothing but pictures, leave nothing but footprints
That means resist the urgency of bottling up some of Komodo’s pretty pink beach. Remember, for each bottled sands, you’ll leave the beach less pink for future visitors.
When Hiking in Komodo
Hiking is one of the most popular activity to do in Komodo’s many islands. When hiking, stay on the established tracks and resist the temptation of making a new one unless necessary. You know,let the grasses life in peace.
When Diving in Komodo’s Underwater
Much like hiking, diving and snorkelling is one of the must-do in Komodo, especially as Komodo cruises Labuan Bajo can take you to any dive site you want. Maintaining the health of marine life during the underwater activity, however, is extremely important—whether you are practicing green travel or not. By any means, do not touch the corals when you are diving/ snorkelling or string up the sediments. Your careless curiosity can damage the fragile ecosystem on coral reefs.