Still most investors build their investment plans based on their own desires and not on the basis of the market. Times when there were no customers in the past, and our generation umovefree are unlikely to have experienced. So, if the customer is not completely unrealistic to think about it, it will sell more expensive than it is right now in the real estate price Gazette - 20 to - 30%.
Auuuch ... 10% is not working out, even when you think the interest to the bank, unpredictable costs, bureaucracy and our appetites. This is also the reason why banks to investors in the current circumstances do not give money, but rather because they lend a share.
What is needed to drive real estate project to succeed in this ever realize? In fact, it is easy and some time ago we have worked so. Set the project, which is sold at an affordable price (-20 to -30% less than in the Gazette), assuming that we are still slightly positive. After we sold at least half of the property and rent credit for completion times and sell the remaining 50% of 10% to 20% lower cost than in the Gazette. At the same time as such materials are installed to house work for yourself and not for sale.
If the calculation does not show a positive result when these assumptions, immediately abandon the project because it will be even worse later. You even if you miraculously find a way to finance, will continue to regret that decision.
Customers do not buy before they see? I would rather say ... Customers do not buy bad property at a high price. Give the customer a good property at a good price, it will be the only discrepancy that you will have confidence. umovefree That's why we have a law that gives security tolikor If the purchaser requires.
Why the market will not wake up? When the market umovefree wakes you read this article? And you think the following thoughts! Do you really believe that the situation will soon improve and so will your customers overnight that experience. New market (customers) will be very different umovefree than that in which we have entered twenty years ago.
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