Shared Residential Concept, Millennial Choice of Residence

ResidenceWant to get a different living experience? As we know, the type of residence is so developed and follows the development of today’s lifestyle.

Starting from houses to apartments with various concepts, they also enliven the property world and compete to attract market attention.

If you are looking for a place to live with a unique concept, then living together or better known as co-living can be the right choice.

Co-living or communal living is the concept of sharing housing with other people, such as dormitories or boarding houses.

Occupancy with this concept is considered capable of providing a different living experience, and we certainly cannot find it in ordinary apartments.

Get to know the concept of shared housing

Communal living can be interpreted as living together.

This residential concept allows the residents to have everything in the house, including several rooms for shared use.

This concept is very popular with many millennials, who want to find a new experience in a residence.

Shared housing itself is designed to make each occupant connect and socialize well.

You can socialize, and even meet communities with similar interests or hobbies.

Various spaces such as co-working spaces, as well as networking hubs, can certainly be the right way to socialize.

It’s really fun, right?

Advantages of Living in Communal Residential

Establish Communication and Relationships with the Community

You can have breakfast in the shared dining room or work over coffee with other residents.

You can build new relationships without being awkward, and of course, with privacy maintained.

Low Cost of Living

The best benefits you can get from living together, are lower rent and living costs. And of course, this will have a big influence on choosing the type of housing at an affordable price.

In addition, the benefits of sharing housing with other people can save on rental costs, electricity, and other maintenance costs. The more people decide to live in communal apartments, the cheaper the rental rates you will pay.

Flexible Rental Term

One thing to keep in mind about this occupancy sharing is that it is flexible in terms of the rental period.

Well, if you are looking for a place to live with a flexible and short rental duration, then a shared apartment or communal house is the right place to live.

You can specify how long you want to stay. If usually apartments or boarding houses and rented houses are yearly, then this residence can provide a monthly rental option.

Rules in Shared Residential are Relatively Loose 

If you choose to live in a special type of boarding house, there will be many rules that must be obeyed, starting from curfews, rules for using the bathroom, and so on.

Imagine when you are in a hurry but have to queue to use the bathroom with the other occupants.

You could say this is quite annoying, especially if you have the type of boarding house at a low price.

Not to mention, you have to replace the damage to goods that often occur if you live with the owner of the house.

All that will not happen if you choose to live in a shared residence because this residence will provide freedom and privacy for its residents.

All necessities such as a large number of bathrooms, a pantry full of food, to laundry services are all available.

What you need to do when you share your living space with others, is respect each other’s privacy.

Get New Experience

If you are bored and want to find new experiences, of course living in communal housing can be an option.

This type of residence can also be a good option when you are on vacation or traveling abroad for a long period.

Imagine if you lived in a residence with this interesting concept while on vacation.

You can certainly meet a lot of people from different backgrounds and cultures.

Not infrequently you can also exchange interesting information with local people or exchange stories with foreign tourists.

Even if you are traveling solo, you will not feel lonely. It’s a nice experience, huh?

Fits the ‘Nomadic’ Lifestyle

Are you free-spirited and like a sedentary life? This residence could be the right choice.

The concept of various residences allows you to meet many people with various backgrounds, which is suitable for someone who likes freedom.

Living in a residence with a concept like this will certainly give you a different and enjoyable experience.

 Super Complete Facilities

You can get various facilities in this room. When compared to apartments and hostels, communal housing has many complete facilities.

The facilities offered, such as comfortable and fully furnished rooms. In addition, the services you get living in this type of residence are a high-speed internet connection, housekeeping, laundry, and even three meals a day.

Then for …

The Pluses and Minuses of Land Investment You Need To Know

Investment The forms of investment in the modern era are indeed quite diverse, ranging from property investment in the form of buildings or apartments to investing in gold, and stocks, to land.

Uniquely, land investment is still able to compete with various other forms of investment because it is considered profitable.

Several things must be known before buying land for investment. Of course, this is important to minimize the risk of unwanted losses.

Reasons Land Investment is the Best Investment

If you are still a beginner in investing, especially in the property sector, then the land investment is one of the most appropriate options.

Why? Because land is a form of property investment that has minimal risk, but provides maximum benefits.

For more details, let’s look at some of the advantages and disadvantages of land investment below.

Advantages of Land Investment 

Significant Increase in Land Profit Value

Not only houses, but land prices also continue to increase. You will get this advantage if you choose land as an investment instrument.

The value of the percentage increase can reach 20 to 25 percent, it can even double after 5 years.

It doesn’t stop there, there are many other advantages that you will get if you choose to land in a strategic location.

Save Maintenance Cost 

If the type of physical property such as a building has a large maintenance cost, it is different from vacant land which does not require any maintenance.

Unless the land is made for leasing, there will be a cleaning fee or security fee for the land guard.

Use it as a Rental Business

Having vacant land with a strategic location such as close to offices can be used as a business opportunity.

You can turn the land into a parking business or shop for a culinary business.

This method is very useful in filling the vacant land while waiting for the increase in land prices to be resold.

Disadvantages of Land Investment

Need Big Funds

When you are ready to start investing in property, especially land, make sure you have a lot of capital.

This is because this area is included in an integrated residential area, with better infrastructure and facilities.

Long Soil Liquefaction Process

Property investments such as land and buildings are not included in liquid assets, because the sale process takes a long time.

Therefore, this type of investment is not recommended for those of you who are in need of fast funds.

Advantages Depend on Location

In property, the location factor is very decisive. Such as the selling price of land in strategic locations that can rise significantly.

But while waiting for the right time to resell, of course, the land must be used to be productive and productive.

Yes, even though the land is in a strategic area, of course, it will not produce anything if it is left empty for months.

Land without regular maintenance and supervision is very vulnerable to being the target of crime, ranging from mode of property fraud, land disputes, being sold without a permit, to falsifying documents.

In addition, cases of land grabbing are also common, especially when the land is located in dense urban areas.

Lack of Land Credit

The next shortage of land investment is the lack of land ownership credit services in the community.

This is because these products have few enthusiasts, not as many as mortgages or apartment ownership loans.

Profitable Land Investment Tips

Pay attention to the price and location

Although land investment is able to provide large returns with minimal risk, you still have to pay attention to several things before buying land as an investment instrument.

However, the investment value of land is influenced by several factors, one of which is location. Just like any other form of property investment, location is one of the things that must be considered before buying land.

Make sure the location you are aiming for is strategic because this can affect the value of the investment. In addition to the location, you also have to pay attention to the price of the land being sold.

If you want to buy land in an exclusive area. Of course, the price is more expensive than in other areas. After determining the land you want to buy, you can also negotiate to reach a suitable price.

Make sure the land price is in accordance with the budgeted budget.

Do not let you experience financial difficulties because you want to invest in land, but without setting a budget first.

It is also very important to know the land from the targeted area. Such as the price of land for sale in other cities.

Get to know the conditions and allotment of land

Then, also consider any advantages and disadvantages of the condition of the land to be …

Ways to Become a Beginner Property Agent Favorite by Clients

Property Today, real asset investments such as land or property are very popular and loved. Although it has many advantages, starting a property investment also has its risks.

Especially if you fail to make a profit, for example, because you choose a property with a less strategic location so it is difficult to sell. If you choose to rent it out, there is also the risk of a vacancy for a period that is difficult to determine.

The good news is, that you can start a property business by becoming a property agent first.

Thus you will minimize the various risks of the property business while still enjoying the benefits.

But as is known, being a professional property agent is like a pilot. In other words, it takes high flying hours to become a property agent who can attract many clients.

However, that doesn’t mean new real estate agents can’t get a lot of clients.

As long as you know how to become a property agent favored by clients, then your chances of successfully selling a house or other property will be even greater.

So, how do you become a beginner property agent that is liked by clients? To find out,  let’s see the full review below!

Here are 9 Ways to be a Property Agent that Clients Like

If you are a fresh graduate or want to earn from the property business, then becoming a property agent is the best option to choose from.

Of course, equipping yourself with good marketing techniques is the main capital before entering the property business world.

But apart from that, there are other ways you should know if you want to become a property agent, such as:

Arm yourself with Property Knowledge

The first way to become a property agent is to equip yourself with knowledge about the property world. This is not only mandatory but obligatory for you to do.

How can you become a property agent if you don’t know about the intricacies of the real estate world?

So, arm yourself with the latest info on property prices, locations, and other important information.

Remember, one of the goals of clients using the services of a property agent is to ask things they don’t know.

Therefore, make sure you have the information you need when it comes to buying and selling property.

Don’t Know and Narcissistic 

If your knowledge about the property world is still limited, it means that the research you are doing is still not deep.

To cover this shortcoming, don’t ever be sorry  aka know-it-all! It is better to first listen to the statement from the client carefully.

Even though you already have a lot of knowledge, don’t be narcissistic and show who is superior between you and your client.

Be a Good Listener

Continuing the previous point, being a good listener is one way to become a property agent favored by clients.

The reason is, that the conversation between you and the client is not yours but that people. So, listen to every question and desire expressed by the client.

For example, a client wants a recommendation for a house for sale. Then the thing you have to do is listen to the various specifications of the house that he stated.

If you can remember every request well, it will be easier for you to realize the client’s wishes.

Avoid False Promises

Never promise something that you can’t necessarily deliver. One of them is giving too high promises to clients.

Speak to clients with simplicity, transparency, and very clear grammar.

In addition to making the client feel more comfortable, the false promises you make run the risk of making the client run away,  you know.

Of course, how to be a good professional property agent must be based on an honest attitude and not overpromising.

Equalize Yourself with Clients

This one method is not a justification for you to continue to reply to every word he says and “sell” yourself excessively,  yes.

The purpose of equating yourself with the client here is to be the person the client likes.

Psychologically, people are more interested in talking to someone who feels similar to themselves.

If the client speaks softly, soften the words and lower the tone of your voice.

This mirroring technique is not only effective in the world of real estate agents, but also social life in general.

Pay attention to the clothes you wear

Although quite trivial, the style of dress can affect the level of client confidence in the agent.

At the very least, wear neat and clean clothes when meeting with clients. You don’t have to buy branded or expensive things.

Just wear clothes that you think are appropriate, then your level of confidence to talk to clients will increase.

Don’t be afraid to make eye

Methods of Property Investment that You Must Know

Investment Investment, especially for the long term, is very important, especially since the current economic conditions cannot be easily predicted.

Currently, the types of investments are increasingly diverse, ranging from investments in gold, and stocks, to branded goods, which are also considered to be profitable investments.

Although there are more and more investment options, the asset is still an option that is still favored by many people.

In addition to the property selling value remaining stable and increasing, many also think that property investment tends to be less risky than other types of assets.

Property investment can be tricky, even though the value remains stable and has low risk.

Because of that, there are many people, including beginners, who are still hesitant to start investing in property.

Are you one of those who are confused about starting a property investment?

So, before starting to invest, it never hurts to know the meaning and ways of investing in a good property. Here’s the review!

What is Property Investment?

It doesn’t feel right if you don’t know what property investment is.

Property investment is a type of investment that deals with buying, owning, leasing, managing, and selling real estate to generate profit or profit.

The asset is the purchase of real estate properties aimed at obtaining a Return on Investment (ROI), either through rental proceeds, resale, or both.

The property itself can be owned by an individual investor, a group investor, or a corporation.

Judging from the investment period, property investment is a fairly flexible investment. It can be a short-term investment or a long-term asset.

So, you can determine the asset period according to your needs.

Advantages of Property Investment

Before investing in property, we should first know the advantages that we can get from this type of investment.

First, property values ​​tend to be stable over time. There is no need to doubt this because the need for housing or buildings will always be there at all times.

Not to mention if you invest in property that has a high asset value. Of course, it will be very profitable, especially in the long term.

Tips Before Investing in Property

Choose the Right Location

The easiest way to invest in property is to buy a house, land, or apartment. However, you can’t just buy it without considering the location.

Choose a strategic location and have promising prospects. Such as a property in an independent city area or close to mass transportation with a large asset value.

Prepare More Than Enough Funds

Property prices are certainly not cheap, because it is important to prepare more than enough funds as a countermeasure if there are unexpected expenses.

Funds must also be adjusted to the type of property we are after. As well as additional costs such as repairs must also be taken into account.

Choose a Trusted Developer

If you want to buy a property product, be it a landed house or apartment. It’s a good idea to choose a property from a well-known and trusted developer.

This is done as an anticipatory measure. Considering that property fraud can happen and certainly harm you.

Try doing a survey first about the target property, then find out who is the developer responsible for it.

Check the track record of the developer, so you will feel more secure when making transactions later.

Before Renting a House, Check Out These Easy Tips!

Renting a HouseRenting a house is usually done to get passive income or a promising investment option. Most people deliberately buy property or housing which is then rented out with regular payments such as monthly or yearly.

But it turns out, several things must be considered before you rent a house, you know. What are those? Check out these easy tips before renting a house!

Checking the Condition of the House

The most basic way to do before you rent a house is to check the condition of the house internally and externally.

You can pay attention to various rooms that are frequently visited and look like the walls, roof, ceiling, terrace of the house to the floor are in good condition.

If it is felt that the roof of the house is leaking, or the walls are damp, you can renovate or repair it first to provide convenience for the tenants.

Not to mention, you should also check the flow of water, and electricity to landfills that are in good condition.

Doing a little repair on the house, of course, will provide a comparison of rental rates that are significant and can be calculated.

Doing Marketing

The next house rental tip is to do marketing in several ways.

You can do marketing in a fast and effective way starting from word of mouth, and posting on social media to advertising your home on property sites through professional agents.

All these things you can do easily and quickly of course with the help of the internet and connection.

However, if you want a simpler way, you can publish using a sign in front of the house to be rented that reads “house for rent” and equipped with a telephone number that can be contacted.

This method is indeed effective but does not guarantee efficiency and speed.

Determining the Rental Price

The next house rental tip is to determine the rental price.

Before you rent a house, of course, determining the rental price is a tricky thing.

This is because determining the rental price must be based on the
market price and the condition of the house being offered.

In addition, in determining the rental price, you should survey the area and compare prices to get the best price.

If you have found several prospective tenants, you can make a selection of the price suitability that you have set.

Doing Administration

After you get a tenant, you should do the legal administration before the house rental agreement.

Be sure to create a black-and-white rental agreement that states the tenant and landlord are related and know each other’s identities.

The agreement letter must include the following:

  1. Identity in the Letter of Agreement
  2. Contract Period
  3. Agreed Price
  4. Extra Fee
  5. Payment Time

This is done so that both parties get legal protection on renting a House out of the property and avoid tenants running away without paying rent or other unwanted things.

Super Comfortable Modern Minimalist House Models

Minimalist House Maybe you often hear the term “modern minimalist house model” in various home advertisements. However, do you know what this design looks?

As an illustration, in this article, we will discuss the characteristics of a modern minimalist model house that is usually applied in society.

Designed with Simple Design

A minimalist house that people usually play with as “abis minimal” does not mean a small house.

This is evident from the many large houses that adopt a minimalist style.

So, the modern minimalist model house is not fixated on the size of the house, but its minimalist architectural style.

Having a Functional Beauty

The definition of a modern minimalist house is a house that tends to prioritize functionality and geometric shapes without excessive decoration.

This can be seen from the lack of profiles and ornaments as well as elements of the arrangement that exist in the house.

The characters in this model house are usually cleaner, certainly not complicated, and look more elegant.

Have an Efficient Interior Design

Ideally, a modern minimalist home design does not lie in the exterior appearance alone but is also reflected in the interior and the furniture used.

One of its characteristics is that it does not have a lot of bulkheads and excessive decorations, because it maximizes the function of each room.

Have Wide Windows and High Ceilings

Furthermore, in a modern minimalist house, air circulation and natural lighting are maximized.

Wide windows and high ceilings are two criteria that almost always appear in this popular residential design.

This design is in line with the philosophy of a minimalist style that is more environmentally friendly and energy efficient.

With natural light and air entering the home, residents can save a lot on unnecessary electricity costs.

Minimal Decoration On Your Minimalist House

The character of the room contained in the modern minimalist model house is more obvious because the shape of the room tends to be geometric.

Usually, modern minimalist home designs are minimal and even absent from knick-knacks that are considered unnecessary.

In the end, the character created is caused by the existence of the space itself and not by the furniture used.

The use of furniture and furniture that is not too much not only eliminates the impression of being cramped in a room but can also make it easier to arrange to light.

Lots of Playing in Lighting

If you are careful in choosing and placing the type of lights (chandeliers, spotlights, planting lights, and so on). Then your home can look more artistic at night.

A good play of light will give a more beautiful appearance to a house building.

Exterior Dominated by Square Shape

The shape of a modern house is dominated by designs based on square shapes.

This square shape looks firm and optimal in utilizing space. The form of a minimalist house consisting of boxes attached gives a simple and clean impression.

Apartment Investment and How to Choose a Prospective Unit

Investment In the past, landed houses were the prima donna of choice place to live. But now apartments are in great demand and sought after by people. With the high demand for apartments, there are also investment opportunities.

Although most people buy apartments to be used as a place to live, not a few also buy them for investment assets.

Vertical housing can be said to be an attractive property to invest in, so why is apartment investment worth considering?

Apartment prices will continue to rise because their availability is not as fast as market demand growth.

In addition, the price increase is also influenced by the Tax Object Selling Value (NJOP) figure set by the local government.

Therefore, the prospect of apartment investment is quite bright, so here is a description of the advantages.

Apartment Investment Benefits

Apartment investment is one form of investment that you can choose today.

So, if you are confused about choosing an apartment or house investment, then there is nothing wrong with buying an apartment.

Of course, there are many advantages of buying an apartment that you can get, what are they? Let’s see!

High Demand

It has been mentioned earlier that the demand for apartments is high, even if the availability is not as fast as the growth in market demand.

This condition makes apartment investment more prospective than investing funds to buy a house.

The benefits of apartment investment can be obtained from renting out or reselling the dwelling after a few years.

Rental Term in the Medium Limit

If you buy an apartment to rent back, then the benefits that can be obtained will be quite large.

The reason is, that the average apartment rental period is in the middle limit, which is around 2 to 3 years.

If the old rental period has expired, you can offer it to new tenants to get more benefits.

Low Empty Risk

The high demand for apartments, especially in big cities, makes the risk of vacant housing lower.

Especially if you buy an apartment that is developed in a strategic location and is equipped with complete internal facilities.

So that way, you don’t have to bother offering apartments for rent.

More Environmentally Friendly

Did you know, that buying a studio unit-type apartment is more environmentally friendly than other unit types?

If examined more deeply, then the energy use in studio apartments is minimal where you only need one air conditioner.

This lack of energy use can certainly attract buyers or apartment tenants who care about the environment.

So, is apartment investment profitable? The answer is of course, yes, but where there are advantages there are also risks.

However, the risks and losses of apartment investment can be minimized if you buy a good apartment for investment.

Well, before reviewing how to choose the ideal apartment for investment assets, it is better to first understand the risks of apartment investment.

Apartment Investment Risk

Must Spend Monthly Fee

When investing in a house, we must prepare unexpected funds, for example for repair costs in the event of damage.

Meanwhile, apartment investment requires you to prepare monthly funds for maintenance fees, sinking funds, parking, and others.

Some apartment managers also include the cost of apartment renovations and decorations in the monthly fee.

Apartment Unbuilt

The biggest risk when buying an apartment, either to be lived in or used as an investment asset, is the cancellation of the construction.

This unexpected thing can happen because developers usually offer apartment units before the project is built.

It is not uncommon for investors to lose hundreds of millions or even billions of rupiah due to the cancellation of the construction of this apartment.

Usually, cancellations happen because the developer has a problem, so it’s important to keep track of their track record.

Maintenance Depends on Building Manager

Unlike home maintenance which is very dependent on the owner, apartment maintenance depends on the building manager.

If the building manager is bad at carrying out his duties, then this will certainly have an impact on your apartment unit.

So, you have to make sure the building manager does his job properly, correctly, and professionally.

Do not let prospective buyers or apartment tenants discourage them just because the apartment looks unkempt.

Apartment Ownership Loan Interest (KPA) Rises

Many people buy apartments with a credit system through the Apartment Ownership Credit (KPA) program.

Yes, although the credit system through the KPA program makes it easier for us to own an apartment, some risks need to be known.

In the first three months, the number of installments may be low but increases sharply in the following months.

This happens because the number of installments is accompanied by an interest rate ( floating rate ) that is not fixed.

How to Choose a Good Apartment for Investment