• 5 Key Tips To Source The Right Experts And How You Should Work With Them

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    Today, let’s take a look at how to source experts.

    We at Denzity champion relationship building within the real estate ecosystem, because the bedrock of the industry is the people. 🕶

    Real estate is a people business and us at Denzity champion relationship building within the real estate ecosystem. As relationships are the bedrock of this industry, people will want to work with others they feel comfortable with.

    ➡ If you have missed the ebook “Become A Smart Real Estate Investor Like A Professional” from the previous email, you can download it https://bit.ly/38uqHEE ⬅

    Before reaching the expert outreach, here are 5 key tips to source the right experts and how you should work with them:
     
    💡 Assemble your perfect team, like a coach. Assembling an awesome team (of experts) takes time and effort. If you ask any sports coaches, they would agree that having the right people for the job is a crucial element to success. Coaches dig deep to understand their athletes, you should be no different. As Jim Collins said in his book Good to Great, you’ve got to get the right people on your bus and the wrong people off your bus. Don’t compromise on the quality. If you can’t find the right experts, keep searching until you do.

    💡 Finding experts is like speed dating. If you don’t have any experience with dating apps like Tinder or Bumble, ask your friends about the experience: there are plenty of options out there - real estate is no different! If you don’t have chemistry with your match, it’s time to move onto another. If you want to hire a truly remarkable superstar, you’ll need to interview a handful of candidates before deciding on the right one.

    💡 Be very specific with what you want. You can start sourcing experts during the market research stage and ask them to guide you. As mentioned in the eBook “Become A Smart Real Estate Investor Like A Professional”, we mention how you need to be very specific when communicating with the experts. Before the meeting, you should define your goal and list out all the potential concerns you have. During the meeting, you should ask the experts on how they would handle particular situations. This process will give you a glimpse on his experience and expertise.

    💡 Actively verbalize and listen. Active communication is crucial to understand what the other person is saying. You want to make sure the experts have everything you need. Be open to learning and be straightforward with your feedback.

    💡 Leverage technology to save your time. In-person meetings can be great, and can also suck. Have you ever attended meetings that you kept thinking “we could have easily got the messages across without in-person meetings”? Don’t worry, you are not alone. Try meeting over video chats such as Skype, Google Hangout, or Facetime. Also, try using tools like Calendly to make scheduled meetings easier.

    If you’d like to learn more tips on how to work with experts, you can check out our forum https://forum.denzity.io/ to find out more. Or, email us by replying here if you need any assistance.

    #realestate #realestateinvesting #denzityprotips #denzity #experts

    posted in Notice Board [From Denzity]
  • RE: Can real estate wholesaling be done in Spain?

    Wholesaling is a process that can be done in any real estate market. If there is a market in which buyers buy the property and sellers sell the property, you can wholesale.

    Wherever you wholesale, you find a property for a lower price, get an option to purchase, and sell that option to a buyer willing to pay more than your original price.

    posted in Mainboard - Ask Us Anything
  • RE: Where is the best place to buy an investment property in Austria?

    Even while searching for a piece of property, a home or an apartment, buyers are at risk of making grave mistakes that cannot be rectified at all or only with great difficulty later in the process.

    Just try a local law firm in Austria as we are to conclude your Real Estate Search and Home Purchase expeditiously and securely.

    Austrian attorneys are mandated by law to represent only one party to avert conflicts of interest. Moreover, any lawyer who is a registered member of the Austrian Bar Association is subject to stringent professional and ethical standards as well as regulations.

    Unlike a real estate broker, the seller of real estate or transaction funding bank, we, in our role as attorneys solely represent your interests and entirely in compliance with your wishes. As a result, you can rest assured that your interests and aspirations will always be our top priority.

    posted in Mainboard - Ask Us Anything
  • RE: How can you buy Real Estate in Spain being a US citizen?

    It is effortless, you only need a real estate shopper which take care of finding your real estate and accompany you during all the acquisition phase of the property until the signature at the notary.

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    Yes, you can.
    The only thing you need is an NIE. (Numero de Identificación de Extranjeros) That means Aliens Registry Number.
    You can get that your from outside Spain using a Spanish embassy.
    You can get more info clicking the following link for Ministerio del Interior, which handles that registry.

    Ministerio del interior de España

    Once you have that you can purchase your home in Spain
    Of course, I would strongly recommend taking the following steps before committing to major financial decisions.

    • Learn as much Spanish as you can
    • Learn as much as you can about the Spanish real estate market
    • Spend some time in Spain. Maybe an extended Airbnb stay would be a great idea. You can check my website to get an idea about the cost of a monthly Airbnb rental in Spain Airbnb in Spain
    • Before you decide to buy, you should get yourself a lawyer and a tax adviser and learn as much as possible about those. Spain’s laws are different from U.S. laws

    I hope this helps
    If you find this information useful, please upvote and follow.
    Best of luck

    posted in Mainboard - Ask Us Anything
  • RE: Does buying a house in France qualify you for a residency visa?

    No.
    But getting a residence card—Titre de Séjour—is simple, and with it, you have free health care. If you Don't pay French taxes and have a French tax number, though, you can’t open a French bank account—which could pose a big problem when you buy a house or apartment, and for things like electricity and car insurance which are typically deducted automatically from your French account—as in la taxe d’habitation, the ‘park-yoour-carcass tax. See a French lawyer before you buy—you can find yourself in huge trouble and big-time out of Pocket if you don’t know what you’re doing. Ask me how I know. If you are older or retired, know that your inheritors will pay enormous death duties on what you leave them in France. You can ‘sell’ them your property EN VIAGER (google this), and they won’t have to pay death duties on it.

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    Non-citizens can buy property - look at the number of Russians and Saudis who own lavish properties in Paris, or for that matter Americans and others who own second homes in France - but there is no connection between that and residence rights. In fact, the general clampdown on illegal residents means that you may be asked to prove that you have a genuine residence in some other country and that you’re not living in the French property for more than three months in any calendar year.

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    Owning property in France does not necessarily entitle you to any claim of official residency. You’d have to use an attorney (which I can recommend), and having an apartment or house would undoubtedly help your case. It’s much easier to establish residency here than the U.S., that is for sure. But there is a process.
    The first visa would be a titre de séjour (which allows you to live and work but not vote), the duration of which would vary depending on your situation.
    Another path to getting a visa is being sponsored by an employer.
    One other possibility is a long-stay visa, and you’ll need an attorney for this.
    As for the property, there are no restrictions on use per se, except as dictated by a building’s by-laws in the case of an apartment. If you didn’t have a long-term visa, you’d have to leave the Schengen area every three months to renew your tourist visa.

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    NO, and also remember that when you buy there are stamp duties of around 8 percent with notary papers and so long you are nonresident there is one-third of profits on rentals to be paid to tax and also that they are specific capital gain on properties in France; it is only tax-free after 22 years on some parts and 30 years on other part CSG RDS which is already 11 percent on the profit.

    posted in Mainboard - Ask Us Anything
  • RE: Are houses in Mississauga cheaper than Milton?

    Check with http://realtor.ca for the prices because it’s really weird that few buildings will be more than a million while neighbouring building will be less than half a million. It all depends on the age of the building and maintenance fees every month.

    posted in Canada Real Estate Market
  • RE: How much is a studio apartment in Seoul?

    On average, I would say it’s at least 5,000,000 to 10,000,000+ won in key money deposit, and about 1,000,000 to 3,000,000 won a month in rent. This equates to about $4385–8,775 USD in collateral and $877 to USD 2632 a month based on today’s exchange rate.
    Since you asked a follow-up question as your sub-question relating to families, I’ll assume you probably wouldn’t be interested in goshiwons, which can be cheaper and without the deposit, but these are not for families.

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    It depends on where you want to live. Gangnam is one of the most expensive areas. If you don't want to pay a one year deposit (as most foreigners don't want to), you will pay a bit more. In Gangnam, you can get a lovely studio for about $1,000 to USD 1,500. In other cheaper areas like near universities, it can be from $400 to $700.

    posted in South Korea Real Estate Market
  • RE: Are Japan houses small in size?

    In addition to the answer about apartments below, I would add that space is at a premium in most major cities and their suburbs.
    According to Wikipedia, about 73% of the land available in Japan could be considered mountainous. Take away another large percentage for farming and agriculture. And what you have left is for living and business, etc.
    While some areas of Japan are not too densely populated, such as the very rural prefectures of Shimane and Tottori, other areas are incredibly densely populated, such as parts of Tokyo with other 6,000 people per square kilometer. (Los Angeles, for comparison, is about 3,000 people per square kilometer)
    So houses tend to be smaller to save space, and very few have front or backyards. Where I grew up in Texas, every third house had its swimming pool in the backyard - this astonishes my students when I tell them about it.

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    Are Japanese houses small? Like [too] so many things this answer must start with, “it depends.”
    This question has caused me to go about and count the number of tatami mats in my house. I stopped at over 100, and that’s not counting the second floor, which is virtually unused. I also did not include several rooms without tatami mats, nor did I include the kitchen, bath, or hallways.
    The mats are 90cm x 180cm, so doing the math.... er... I’ll let someone else do that. Anything over two digits gives me a headache. Anyhoo, as you might guess, not all Japanese houses are small.

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    Here’s a portion of the front of my house in VERY rural Japan.

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    It looks a bit different when it snows.

    ===

    Yes, they are. When I first met my husband, he lived in a four jo apartment. I was shocked when he told me it had a shared toilet, and he used a public bath. He said he could do everything from turning on the stereo to turning on the stove without moving. I later learned that this was a widespread occurrence among young unmarried men. When he met me, I had a small, by my standards as someone from the states, one-bedroom apartment eight jo bedroom, four jo living/dining with a small kitchen and bath/toilet with a separate room in which to bathe. He thought I was well off, which I guess I was, comparatively speaking.

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    Hey Jadon, I think you mean Japanese apartments, houses are pretty standard over here, from 100 - 200 sqm usually. Apartments can be brutally small, and many don't have bathrooms, toilet yes, but any bathroom and some don't have a kitchen. Why? After WW2, many Japanese started living a minimalistic lifestyle, and it lingered until now. Space is also small, like in Tokyo, the largest city in the world, there is not much space, and we even have what is called capsule hotels where you live in an almost a coffin, you can't stand up in it. But modern Japan these things are changing.

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    The Japanese have long endured crowded cities and scarce living space, with homes so humble a scornful European official once branded them rabbit hutches.
    But in recent years, Japanese architects have turned necessity into a virtue, vying to design different and visually stunning houses on remarkably narrow pieces of land. In the process, they are also redefining the rules of Residential Remodeling Services.
    Few Americans would consider a parking-space-sized lot as an adequate site to build a house. But in Japan, homes are rising on odd parcels of land, some as tiny as 300 square feet.

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    Yet the term "house" doesn't do justice to these eye-catching architectural gems, fashioned from a high-tech palette of materials like glittering glass cubes, fiber-reinforced plastic, and super-thin membranes of steel.
    More With Less
    The need to do more with less space has sparked a boom in house designs that are as playful and witty as they are livable. One of Japan's leading designers of Kyosho jutaku, or ultra-small homes, is Tokyo architect Yasuhiro Yamashita.

    posted in Japan Real Estate Market
  • RE: Are any highrise buildings in Japan built on fault lines?

    Yes, many, because fault lines are ubiquitous in Japan.
    The Japaneses (I'm married to one) have long since learned to construct buildings that are minimally susceptible to earthquakes. They utilize specialized mountings between the building frame and the underlying foundation, which absorb earth vibrations in all three planes (x, y, z) and significantly reduce the movement of the building. And the buildings themselves are designed to flex or sway, a slight amount, rather than being utterly rigid.
    These mountings are complex in design, but for a very simplified view, consider a building that is mounted on four giant steel balls, one under each corner of the building frame. The concrete pad on which each ball rests could then move laterally, and the balls would roll while the building remained more or less still.
    That is vastly oversimplified, and in practice wouldn't work very well. But from this, you can get the idea that there can be heavy-duty structural mountings which can flex and absorb shocks and motion in every direction -- not so different from the steering wishbones in an automobile, which in conjunction with the shock absorbers, keep your car riding smooth and stable on a very rough road.

    posted in Japan Real Estate Market
  • RE: As a person staying in a public housing apartment in Tokyo which was constructed in 1971, should I move to a newer apartment building?

    If you can afford it, you should move.

    The earthquake-resistance standards were revised in 1981.
    Buildings built according to the new standards are robust when hit by a severe earthquake.

    For example, the Great Hanshin earthquake occurred on January 17, 1995.

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    In the quake, many buildings and houses collapsed. And a statistic says:

    Buildings built according to the old standards:

    • Collapsed 30%
    • Not collapsed but severely damaged 40%
    • Slightly damaged or no damage 30%

    Buildings built according to the new standards:

    • Collapsed 10%
    • Not collapsed but severely damaged 20%
    • Slightly damaged or no damage 70%

    As you know, many earthquakes occur in Japan recently.
    You should be prepared for it, just in case.

    posted in Japan Real Estate Market