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Showing posts from January, 2011

Financial Advice That Can Do Serious Damage

Buying property is better than renting. A common refrain, even on the heels of the bursting real estate bubble, is that renting an apartment is "throwing money away" compared with homeownership and the ability it offers to build equity and wealth. As if staggering foreclosure rates and underwater mortgages aren't enough to make a different case, consider that it is not just mortgage payments to worry about. There are interest payments, property taxes, homeowner's insurance, furnishings, utility bills, maintenance and repairs to add to the mix. Treating a home as an always-appreciating investment is no longer a smart strategy, and those who base their ability to pay a mortgage on projected earnings, rather than current paychecks, may be dangerously optimistic. Resolutions That Will Save You Money Make paying off debt a priority. Reducing your debt and excising the interest payments and accompanying fees is usually a good idea. But paying down debt shouldn't derail ...

2012 phenomenon - Is it true ???

The easy way to survive 2012 - through attractive real estate investment in South Africa! 2012 is only three years (2009 article) away and already panic and hysteria is in the air. Many fear that it will be the end. If the environmental prophecies come true there are some “safe havens” that will remain intact during the havoc. Before we start to try and understand where are the so called safe places when the catastrophe of 2012 hits our planet, we should first understand where the most dangerous places are and why. This will help us better understand how to prepare and what to expect! Altitude is not always a solid solution because the crust of the Earth will move and redraw the world map as we know it. Lower lands will most likely be inundated completely and certain maintain ranges will crumble as others will rise. There will be tidal waves of about 2 kilometers (7000 feet) high wiping away any and all structures standing. Besides massive destruction, everything will be flooded w...

Developers Services

1. Feasibility – Economic • Size of property returning the best ROI • Size of houses returning the best ROI • Mix of different units returning the best ROI • Planning which units to build first returning the best ROI 2. Feasibility – Financial (Accuracy -10% to +20%) • Scenario planning • Cashflow forecast on scenario planning • Phased development Cashflow forecast • Using a Main Contractor vs. Commercial Management i. Saving – Contractor’s profit ii. Saving – On Materials iii. Saving – On preliminary & general iv. Saving – On foundations v. Saving – On Attendance on N/S Sub-Contractors vi. Saving – On Profit on N/S Sub-Contractors – Negotiable vii. Saving – On settlement discount viii. Saving – Time – Fast track construction ix. Value for Money - Optimization on Finishes 3. Feasibility – Bill of Estimates (Accuracy -5% to +10%) 4. Feasibility – Bill of Quantity (Accuracy -5% to +5%) 5. Civil’s Optimization • Cut to fill – Optimization • House Pads - Optimization...