There is a well-known trade rule that states: "The higher the risk, the higher the profit. The lower the risk, the lower the profit." If we accept the validity of this phrase or the rule, "even though many people have reserved it," we will also accept the validity of another rule: We have a successful project idea of 100% and make huge profits even though the risk ratio in this project is zero% and the loss is not known as a road. Below we will present this project, details and implementation requirements.
The idea of a successful project is 100%:
The idea is not new, but much tried and hard, but it remains and will remain a successful and profitable idea, which is the construction of a residential tower for the purpose of selling residential units and shops of this tower. Below we will explain how the project is implemented in detail.
Cost calculation:
If you want to be a successful project owner 100%, leave nothing to chance. First of all, you must calculate the cost of buying a piece of land in an appropriate area. This is done by contacting the land owners and the loser in the target area to know the average price per meter. You should know the costs of building a residential tower on that land with the maximum number of floors allowed, by contacting contractors or engineering offices. You should also contact the construction companies or the finishing offices or even the workers to know the cost of finishing the façade and water and electricity.
Note:
We will assume as an example that the total costs will be 7 million, which is a relatively realistic amount and can be considered an average amount that can be increased or decreased.
Profit calculation:
Before starting any other step should be calculated returns and profits to determine the feasibility of the project, if we assume that the plan is to build a tower consisting of nine floors with a single apartment on each floor with 3 bulldozers. All you have to do is ask Realtors, real estate marketing companies and owners of towers about the price of a meter for unattended apartments and the price of a meter for garages without a link. If you find that you will achieve at least a net profit of more than 25% of the total capital invested, the project is feasible, if any, you can implement the project in another area. To sum up to the above example, the cost has reached 7 million, the returns should not be less than 8.75 million, ie the net profit is 1.75 million at the very least, meaning that we are already in front of a successful project idea 100%.
Providing the necessary capital:
If you own the necessary capital (7 million according to the example), you can execute the project on your own, or if you have insufficient capital and a million and a half, for example, you can enter four or five partners, each contributing a similar amount , To share the profits at the end of the sale, and then the profit per capita will average about 350 thousand. As for how to get partners to share with the implementation of the idea, it is important to share people you know and know so that there are no objections or doubts. For example, you can communicate with rich people or those who own land or projects and show them your idea. Start with you.
Contracts to guarantee rights:
If you enter partners, the contract of purchase of land must be in the name of all partners involved in the project, as well as a partnership contract should be released including the names of all participants when building the tower, and even when selling apartments, all owners spend the sales contracts as partners, Every individual guarantees his rights and there will be no differences.
Building a residential tower, a successful project 100%:
After completion of the financial study of the project and the calculation of the expected costs and expected profits, after providing the necessary capital and after writing contracts partnership in the case of partners or contract of sale and the plot of land if you are alone, you can begin to communicate with Engineering offices with a good reputation in your city to get through the engineering drawings of the site and estimate the prices and costs, and then you can implement the best design of the tower counting the best company. After that you can conduct external finishes such as delivery of water to the apartments and finishing the ladder and installation of the elevator and finishing the facade and installation of electricity meter, and eventually the units are ready for sale.
How to sell apartments and garages:
There are many methods you can rely on in the sale, perhaps the most important is the marketing of units on the Internet and comment banner on the tower, the easiest is to commission real estate marketing offices to market your properties, but then you can not pay commissions on the offices to get Commissions from buyers. Certainly, if you succeed in selling all the units within one year, it means that you have made a good profit and that you have implemented a successful project 100%.
Successful project 100% once again:
Have already implemented a successful project 100% and got a decent amount of money, and it is good to re-invest the head of the owner and your profits earned in the construction of another residential tower in another area or perhaps in the same region, A successful 100% project and your experience in the past will make things easier for you and may lower your costs.
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