The Maps To Be Success in Property
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0.000 HBDThe Maps To Be Success in Property
 In this day, there are many new building, house or property that was constructed. It is because investing in properties has attracted interest of investor. Investing in property is good in profit as it is increase for every year. But, if we do not have knowledge in property management, we will not pursue our dreams that is want to be success in property investment. To get a knowledge in property management, we need to find property guru and learn from him as a property guru on how to manage of property and how to achieve a success in property management and property investment. In this article, I want to share with you the map in order to be success in property investment. **1. Find Job and Working** The first step to success in property management and property investment is you have to work and find the stable income. Nevertheless what kind of job you work in, it is a stable income which is you can get a fix salary every month. The salary expectation that you need is you have to get a job for at least the salary is enough to cover your monthly expenses and has a remained salary that is enough to pay for at least enough to pay Flat Houses installment. For those who is involved as a job in commission based, they need to work hard and make sales that enough for them to cover monthly expenses and had a remained salary that enough to pay for Flat House installment. It is because the cheaper houses or buildings is the Flat House. For those who is making money as a Businessman or Businesswoman, they also need to work hard in order to get a profit that higher than their monthly expenses and the Flat House installment. No matter you involved in a big business or small business, you need to achieve the profit that could cover your monthly expenses and Flat House installment. In this century, there had a “work from home” job. There are several company that gave consent for their employee to work at home. If you want to be a Freelancer, you also could work at home at anytime of your pleasure. One more important for Businessman, Businesswoman, Freelancer or Self Employed, you need a bank account and you have to save your financial statement in order for the bank to approve your loan to buy the property that you liked. For those who is working with any company, and not do the business, they need to save their salary slip in order for the bank to improve your property loan. As a short notes, you have to find a stable income that can cover your monthly expenses and at least could cover the Flat House installment and do not leave your time without unemployed. You need to do a business or find a stable income. • Map to be Success in Property **2.Be Consistent in Monthly Saving**  In order to buy a property that you liked, you need a discipline that need to cultivate in yourself. Why I said discipline is because when you bought a property, you have to pay the installment of your property monthly. If you do not have discipline, you will not able to control your monthly salary to pay your property installment. Yes, to be good in saving money you have to had a discipline in yourself. The clue that I said “Be Consistent in Monthly Saving” is you have to train yourself in saving money before buying any property that you liked. When you have a discipline in saving money, it will help you in order to pay monthly installment of your property. The method is, you need to save your money with discipline for 6 months in order to train you for the paying of your property installment. The discipline that you got from saving your money can be converted to the discipline in paying the property installment. How much should we save our money in order to train our discipline, it is 30% to 50% from your salary. If your basic salary is too small to calculate, calculate it with your gross salary, it is 30% to 50% from your salary. That is meant, that the monthly installment value of your property need to be equaled to 30% to 50% of your salary. For example, if the price of your house is USD100,000, you need to divide it by 200 and it is equal to USD500. This meant that your capacity of 30% to 50% of your salary have to be more than USD500 then that is so you are afford to buy the house. For example, if your 30% to 50% of your salary as the USD600, then you are afford to buy the house. If the amount of 30% to 50% of your salary is USD350, then it shows that you are not affordable to buy the house. Then you need to find another house that you are afford to pay its installment monthly. **3. You need to have a Financial Profile** Why I ask you to create your Financial Profile is it can make your things get easy when you submit the document to the bank in order to process your loan application. The method is, create a file as word document and write the details of yourself as below : Your Name Date of your Birth Your Living Address Your Highest Education Your Employer Name The address of your Workplace Besides that, you need to have a hard file that need to save the documents as below : Your National Identity Card Your Salary Slip for every month Confirmation Letter of your job Your Employees’ Provident Fund Statement Your Investment Statement Your Payment of Tax Statement Your Company Certificate (if you are doing business) When you have Financial Profile, it can make you more easy when the bank ask for the document. It can help to provide to from losing the important document that need by the bank. Map to be Success in Property **4. Find the Knowledge of Property ** Of course it is important for us to have a knowledge in property before we can decide which property we should buy. When we have knowledge of property, it will help us to evaluate which property is suitable for us based on our monthly income. With knowledge, we also can predict the property profit, for example if the property at the urban as location, of course the profit that we got from buying the property is higher than property that in rural area as an investment. There have 4 category of property which is every each property have their advantage of itself. The 3 category of property is as below : Under construction Subsale (Second hand property) Auction Property New Property With the knowledge in property, it will help us to evaluate which property is suitable for us.  **5. Time to Buy** When you have passed the 4 step above, it is the time that we have to hunt our dream house. At this stage, when you found the house that you want to buy, you can send your application of loan to a several banks in order to get the best offer as loan of house . To choose which house or which property that we want to buy, we need to look at our financial ability, it should follow the calculation that I mention above as 30% to 50% of your salary as installment of the property. There are some of people bought the house to reside themselves and there are people like to buy a house to be rented by the people. As people who want to buy a property to be rented, they maybe not need to pay the house installment, that is because the installment is paid by our renter. You may use the property agent of the house you want to buy, it is free because the services is paid by the house owner (owner of house that want to sell the house). You also can have your property agent by yourself, but you need to pay the services of your property agent. Normally, people who had their property agent themselves, normally they have some amount of money that they want to buy more than one house. It is valuable to have our property agent ourselves. That\`s all about “The Map to be Success in Property”. I hope it can help you in order to be success in property investment. I also hope, for those who want to find their first property, will find their dream property. May knowledge that I shared with you will make you being a brilliant people in finding the best suitable property. That\`s all . 
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