Tips for Starting a Property Business with Small Capital

By : Ahmad Fadli And Aldi Firhand. A | Sunday, November 26 2017 - 21:04 IWST

Residence Illustration
Residence Illustration

INDUSTRY.co.id - Jakarta - What do you think when hearing about the property business? Certainly one thing that is on your mind, that is great capital. In addition, many people assume that the property business is a business full of complicated lehlegality, and a difficult workflow. But with a good marketing system, the results will be fantastic. Well, if you are interested in starting a property business, here are some tips for starting this business.


Create a plan and a small step and start working on it

To start a business, you need real intentions, plans, and action. But sometimes many people are stuck with a great mindset that must be accompanied by great effort as well. You do not think it's complicated beforehand about the business of this property. It turns out that the property business can start with small and simple things and steps.

For example, you start by becoming a broker first. Although as a profit broker you get not much, but by becoming a broker you will learn how to become a developer. If you continue to pursue your profession as a broker, someday you can have the opportunity to become a great developer who handles the sale and purchase of many homes.

No need to capitalize large

The initial capital problem, in fact not necessarily large or even up to billions of dollars to start a property business. To reduce the amount of capital to be spent, you can take advantage of your land lots. You can promote your land lot for ready to build. So, you do not need to buy a lot of land. Or for capital expenditure is much lighter, you can work with your relatives, family, or office friends to jointly build a property business. Then if you already have a lot of land that is ready to get up, now you need to promote it. You can use mass media or internet media to promote it.

The next question that often arises is to build a house using the money who? Well, the solution you can market the design of the house that you will wake up. To get the initial capital construction of the house, you can set a cash advance on the client's sales of 30 percent of the land sale price of these lots. This advance is very much used as capital to build a house.

How, quite easy and simple, right? With a small capital like this, your risks and responsibilities are also not too big. Small capital will result in a small degree of risk. You can now choose large capital or small capital. Do not think that the property business is difficult and complicated to run because it will affect your performance later.

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