The Ultimate Guide To Be A Smart And Successful Real Estate Investor

Download our ebook: Become A Smart Real Estate Investor Like A Professional

Did you know most people take 6 to 9 months to find a real estate project worth investing in? For example, professional real estate investors look at 1,000+ projects per year but end up making 1-3 investments.

If you want to be successful in real estate investing, learn how to invest and achieve returns like the professionals. 

We at Denzity have put together an eBook to guide you along your real estate investment journey. Before you look for real estate investment, have a think:

  • Why do you want to invest?
  • Where do you want to invest?
  • What are you looking to achieve?

Get the eBook  https://bit.ly/38uqHEE

The Experts We Need In The Digital Age Real Estate Ecosystem

The Experts We Need In The Digital Age Real Estate Ecosystem

A couple of months ago, we shared Real Estate Investment Insights And Access A Global Community Of Experts,” “Find The Right Experts,” and “The Forces That Will Shape The Future Of Real Estate Investing.” Those posts contain our view on how technology transforms real estate experts’ roles and their impact on the world of real estate investing.

Today, we want to tell you more about the real estate experts we at Denzity look forward to working with – think of this as our Wishlist

The digital age experts 
As we enter an era of fast-paced digitization, it is hard to predict the outlook of the real estate sector. Growing uncertainties on how technology will shape the real estate industry started with tech companies, like Zillow and Airbnb, which disrupted their sub-market inside the real estate sector.

While real estate experts fear what big disruptor is next, digital-age experts are ready to embrace and adapt to new technologies that improve their performance and service to customers. Change is inevitable: accept that the old ways of doing business might not work and focus on integrating technology so that you don’t fall behind and miss opportunities.

The core values of world-class experts 
As the world becomes more competitive, experts have curated a leading position to deliver excess value compared with their competitors. As their top priority is to exceed customer expectations, they place the needs of each customer above their own.

Having worked with many experts around the world, we’ve identified eight key qualities they tend to have:

  1. Consistent: Stay motivated and focused on the energy to go above and beyond.
  2. Disciplined: Focus on achieving your client’s goals, however difficult they may be.
  3. Trustworthiness: Make a promise and work towards upholding the highest work ethic.
  4. Dedication: Deliver detailed and well-thought-out results for your clients.
  5. Selflessness: Share your knowledge and experience to build meaningful relationships.
  6. Creative: Demonstrate deep knowledge of their domain and produce creative solutions to solve problems.
  7. Critical: Learning always like a beginner and improvise where and when needed.
  8. Passionate: Delivering value in every response you receive.

These are the types of attributes we at Denzity are looking for in real estate experts.

Our 2020 Wishlist 

As mentioned in Year-End Review 2019”, our top priority in 2020 is to broaden the pool of excellent, reliable insights directly from experts (real estate agents/brokers, institutional firms, and transactional advisors) helps address real estate enthusiasts’ uncertainties and frustrations with market research, sourcing experts & projects, and conducting due diligence in real estate investing.

As we station in Hong Kong, we start by focusing on the topics that Hong Kong real estate enthusiasts are interested in. Topics such as:

  • Real estate market (mainly the UK, Canada, the US, Japan, and Southeast Asia)
  • Property exhibitions held in Hong Kong
  • Real estate fractional ownership (crowdfunding, P2P lending, STOs)
  • PropTech
  • Feng Shui
  • And many more.

We strongly believe that building this ecosystem, which encourages contribution and transparency within the real estate industry, can speed up learning and provide better clarity for everyone involved.
If you are interested to join as one of the Denzity Experts, you can email us at [email protected]

We looking forward to speaking further. 

Above and beyond,

Darren
Co-founder, Denzity

The Leadership We Need In The 2020 Digital World

The leadership we need in the 2020 digital world

Welcome back! I hope you take some time to rest, refresh, and recharge during the holidays. If you have been following the news lately, you’ve likely experienced some good and bad, ups and downs. There are so many uncertainties with global events, such as Brexit, US-China trade war, potential recession coming, and possible US-Iran war. It is hard to predict how 2020 will plan out. 

During these troubled times, any organization that embodies positive leadership qualities will strive, especially in real estate where good thought leadership will help navigate our rapidly changing, complex, and fragmented industry.

After chatting with some experienced industry leaders, we have identified three critical aspects:

1. Be at the forefront, as a true leader

A leader needs to be at the forefront of the team. From Jim Collins’ book “Good To Great”, he describes the “Level 5 Leadership” of an organization (the ultimate top leaders) as having 7 key attributes:

(i) Be ambitious for the organization to excel but modest about what you contribute.

(ii) Be fanatically driven, obsessed even, to produce exceptional results on a sustainable basis.

(iii) Build successors to be even more successful.

(iv) Share the praise amongst the team when things go well.

(v) Be happy to take the blame when things go wrong.

(vi) Never have larger than life personalities.

(vii) Greatness comes from quiet, hard work, rather than heroic acts.

For more information, I would suggest checking out his book. As a true leader, you need to set yourself at the highest standard to allow your team to follow.

2. Transparent communication

As a leader, you might face stress or a tough decision to make. Do not put the problems just on your shoulders – share the burden with your team and tell-it-like-it-is to ensure the free flow of information. By sharing decision-making tasks and involving multiple people during brainstorming, your team can generate ideas freely in your organization to help solve problems together.

3. Actively listen to your team and make this a priority

In this environment, you need to evolve with the market swiftly and adapt to change with growth in mind. To spot these subtle movements, you need to actively listen to your team carefully. Exceptional leaders regularly check-in with their team. From their conversations, you might find cues in your team spot that you have not. Also, learn what they suggest (process and tools) that might help your organization be more productive.

Great leaders, whether you are in the real estate or the PropTech sector, need to continually find ways to improve and respond to the market so that their organization will be at the forefront of the exciting changes. You, as a leader, are in charge of finding the areas where change is needed. Be the version of yourself and strive for betterment.

As a leader, what is your biggest pain point? What innovation do you hope to see more of within your organization and the sector? Let us know in the comments below.

Above and beyond, 

Darren

Co-founder, Denzity

5 Questions To Help You Develop Your Real Estate Investing Niche

5 Questions To Help You Develop Your Real Estate Investing Niche

How to find your investment niche in real estate? Speak with experts and other investors, read market reports and look at comparable transactions. Let your curiosity run wild and follow through with your intuition.

1. Which market excites you?

Be precise about and stick to what you’re looking for. For example, a “residential property in London” would return a wider search result than “2-bedroom luxury apartments in Prime Central London”, which is more precise and actionable. Knowing your exact target market will narrow down your search with more effective sourcing of information and experts.

2. What is the investment for?

A lot of investors tend to make the mistake of thinking that good property should be held forever. If your intention of the investment is capital growth, at what point would you be satisfied with a return (or loss)? Is the investment for rental income or self-use? Being crystal clear on your intention will help you realize your investment strategy and manage your expectations.

3. What is the demand and supply of this niche?

Understanding your target market’s cycle will give you a better idea of picking out signs of recovery after a fluctuation in performance and any potential for future growth in the area. Being or having someone on the ground will help you gather feedback from experts and gain an updated feel of the neighbourhood’s development.

4. Where do you find potential projects from your niche market?

Don’t put all your eggs in one basket. Try working with multiple real estate agents or brokers that specialize in your niche market. You can start by asking their opinions on comparable properties and understanding which opportunities would fit your investment criteria. If you do not know any real estate agents or brokers, you can ask this question on Denzity’s forum to gather suggestions from experts.

5. Are you aware of all the potential risks?

When you’ve made an investment in your target market, you should understand the elements which might have a drag on your investment’s performance. What are the elements which will influence your investment? We suggest making a discounted cash flow with a base case, stress case and worst case to predict the potential risks that might affect your investment.

If you are clear on these details, you can find the property of your dreams without wasting precious time and effort. You might also become an expert of the market!

Do you have other tips for finding your real estate niche? Share with us in the comments below.

3 Biggest Technology Trends The Real Estate Sector Must Embrace

3 Biggest Technology Trends The Real Estate Sector Must Embrace

We recently shared PropTech: Past, Present, and Future and The Forces That Will Shape The Future of Real Estate Investing, our view on how PropTech could impact the real estate sector. Today, we want to share our thoughts on three technological trends the real estate sector will need to embrace. Are you ready? Let’s dive in! 

Market research 
Real estate market research has typically been a tedious and time-consuming process, which is why companies like CoStarReal Capital Analytics, and Realinflo have spawned to utilize technology to provide investors with insights. Social listening, AI, and big data will play a significant role in PropTech companies to compile and deliver tailored analysis to their customers. For example, Realinflo has compiled the largest and most up-to-date database of leases in Hong Kong over the last 2 years.

Sourcing projects 
As the number of online real estate portals, such as ZillowRedfin, and Spacious have spawned for investors to find residential properties online, the vast array of offerings in different real estate types serves to meet a diversity of investor demand. It’s only a matter of time before investors access a single portal to access all types and sizes of real estate opportunities around the world. If you are a real estate broker and not utilizing these portals, you are going to miss out!

Fundraising projects 
Real estate firms that have embraced the new ways to fundraise (e.g. real estate fractional ownership) are leading the wave of technological and regulatory advancement in real estate. Leaders such as Property PartnerBlend Network, and iFunded are providing investors with access to a broader range of projects with more flexible contribution amounts. Owning a fraction of a fancy hotel or a beautiful vineyard with a couple of thousand dollars? Count me in! 

The Missing Piece 
While tons of companies are working on different problems within the real estate investment process, nobody is working on bridging the gap bring these real estate portals together. Why is it important? Investors often shy away from the fragmented and complex real estate industry – known to be costly, inefficient, and scattered. A single portal would serve and evolve around the needs of its core user base of everyday investors.

Someone needs to address the huge pain point with real estate investment: streamlining the investor’s journey from a matter of weeks down to a few days.

We at Denzity have the answer. 

The solution is to act as the glue – collaborating with different partners (such as real estate databases, project providers, and experts) to enhance the investor’s experience and allow investors to have better-informed decisions throughout their exploration based on their criteria. By having access to this ecosystem, real estate investors can explore the world of real estate investing all in one place effortlessly and unlock their full potential.  

What is your biggest pain point? What innovation do you hope to see more of within the real estate sector? Let us know in the comments below.

Above and beyond,

Darren
Co-founder, Denzity

Product update: Event page. Find all the upcoming events you might be interested

Denzity Product Update: Event Page

An event can be created to notify Denzity users of upcoming events. 


It’s a great way for experts to promote their exhibition, conference, and networking events for real estate enthusiasts. 

The event pages can allow Denzity community to know the upcoming events that they might be interested in.

Start by writing the event title

Step 1: Include the geographic location (city and/or country) with the following format.
[For example, [email protected] Kong, [email protected] – UK]

Step 2: Write out a short (and sweet!) description of the event that indicates the topic and reason. 
[For example, make the move to Australia and learn about your future property investment; The updated Canada tax for foreign investors; UK Property Investing Conference]

Step 3: Let people know about who is hosting the event with the following format. 
[For example, Hosted by ABC Group, On behalf of XYZ Limited]

Here are two examples for you as reference:

  • [[email protected] Kong] Make the move to Australia and learn about your future property investment [Host by ABC Group]
  • [[email protected] – Thailand] Prime Location Residential tour [Host by ABC Group, on behalf of XYZ Limited]

The event pages can allow Denzity community to know the upcoming events that they might be interested in.

For more information on how to draft the event description

and the ground rule, please check out our post

“Guide for Event Hosts’: https://forum.denzity.io/topic/107/guide-for-event-hosts

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If you have any suggestions on how to make our products better, please let us know at the comment below!

4 Key Habits Of Successful Real Estate Investors

Real estate investment is one of the most stable asset class for income generation and wealth preservation. However, investors should ascertain four core skills to be a successful real estate investor.

Plan ahead

Create a solid plan and treat your real estate investment as a business with a short-term and long-term goal. More importantly, be sure to consistently review your investment’s performance so as to manage expectations in your investment plan. This ensures you are clear along the journey towards your ultimate goal. We suggest you develop a 3-5 year plan based on thorough research to meet your ultimate goal.

Know the market and develop your niche

To be effective, you need to gain in-depth knowledge of the markets that you want to invest in: from past to present to future. The ability to spot trends can help you more accurately predict future changes in the market. Identify the different ways that might help you to make your real estate investment a success. With having those practices, your investment will not rely solely on faith and luck.

Keep educating and learning

Similar to the previous habit, you need to constantly stay up-to-date with the market and evaluate future potential. You can educate yourself by getting real estate-related investment information that is readily available online, attend real estate related seminars or exhibits. Finding a mentor or having a network to guide you can shorten your learning curve and get better results, which brings us to our next point.

Build a network of savvy investors and experts

You are not on your own! Real estate investing takes years of experience and in-depth wisdom. Having a network can provide you with support and create opportunities for the people involved. Savvy investors and experts understand the importance of building a network together to collaborate and succeed together.

Real estate investing is not easy. Becoming a successful real estate investor requires time, effort, and commitment. By following these four habits, you too can develop the skills and traits to be successful real estate investors and unlock your full real estate investing potential.

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What topic do you want to learn more about? Other suggestions? Let us know! 

You can sign up to the forum here: https://forum.denzity.io/

WeWork – A Cautionary Tale For All PropTech Players

As the year of 2019 draws to a close, it’s hard to forget one of the biggest lessons learned in the business world: WeWork’s failed IPO at USD 47 billion leaving SoftBanks to intervene with a ‘stimulus package’, which leaves WeWork at a valuation today of USD 10-12 billion.

For those interested in reading more into WeWork’s story, here are some informative pieces: Feedough’s “WeWork Business Model, an in-depth analysis of WeWork’s business model; Harvard Business Review’s “No, WeWork Isn’t A Tech Company. Here’s Why That Matters, which breaks down WeWork’s ‘taboo’; and Bloomberg’s video “The Spectacular Rise and Fall of WeWork to get a better grasp of the situation.

From this saga, we hope PropTech players take a step back and re-evaluate three important lessons:

1. Are you In the tech business or real estate business
Many start-ups often frame themselves as tech companies in hopes to obtain a higher valuation from a larger pool of potential investors. A business should only be classified as tech-driven only if the core business is selling tech as a product or service, as the high valuations associated with technology companies are their ability to generate enormous profits and scale at a fast speed with relatively low investment. In our view, WeWork is not a tech company and they should be frank with their investors to manage expectations.

2. The potential impact of the proprietary technology
It is hard to understand how much tech has played a part in WeWork’s business. WeWork claimed that they employed data analytics and another smart tech to improve the efficiency of their spaces, how people use their spaces, and where to build next. Yet, isn’t this the knowledge and insights provided by real estate experts (such as brokers)? While we associate the utilization of technology as helping businesses make better decisions, there is a vast array of tech companies that don’t necessarily deliver on this promise – WeWork included.

3. The recession threat
Some people argue that the sole reason WeWork failed was because of bad timing – this is partly true as WeWork is a subleasing business – while others argue WeWork failed to build proprietary technologies to protect itself during a recession – partly true assuming you agree WeWork utilizes technology in its core business.

In our view, WeWork’s expansion into other types of real estate improves diversification depending on its mix. For example, expanding the number of gyms increases risk during a recessionary period, as their occupancy suffers on account of fewer active memberships. However, owning hospitals and public-funded schools would be ‘defensive’ and improve WeWork’s resilience during a recession as these segments would ‘operate as normal’. If WeWork were developed as a technology company, they should have allocated more attention and effort on developing tech to lower their cash burn to ensure their clients stick around during bad times.

WeWork is a big lesson that should not be ignored. We hope PropTech players have not lured down a similar path in losing sight of their core focus: building technologies that impact and transforms the real estate industry.


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You can sign up to the forum here: https://forum.denzity.io/

Top 5 topics on real estate investing in Germany

This week, we want to share with you the top five topics on real estate investing in Germany from our community.

Read more: https://forum.denzity.io/tags/germany

1. Can a foreigner buy property in Germany?
Read more: https://bit.ly/38aEhO1

2. Can a non-EU citizen buy property in Germany?
Read more: https://bit.ly/2sQxHMF

3. Is this the right time to buy property in Germany?
Read more: https://bit.ly/2OU5qx9

4. How much does a property manager charge for an apartment Munich [Germany]?
Read more: https://bit.ly/2YsnMbN

5. What’s the leasing term like for residential units in Munich [Germany]?
Read more: https://bit.ly/2Lty1ar

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6 New Forum Features To Help You Navigate

We want to share with you a quick update with some recent improvements we’ve made. Also, we want to take a chance to give our sincere thanks to our community for the many feedback, suggestions, and support. We are constantly making our platform easier for you to gain better real estate insights and knowledge.

  1. Expert badge. Allowing you to spot the real estate experts easily, we have added a badge next to their username. The expert badge is only for the experts that we approve of.
  2. Popular tags. You’ll notice that there is a list of popular tags on the top right corner. That’s so you can find the most popular topics in our community. By clicking on the tags, you can find the relevant topics instantly.
  3. Suggested topics. Beneath the popular tags section, we have added a suggested topic section to show other posts you might be interested in.
  4. Events page. You can find upcoming experts’ exhibitions, conferences, and networking events through the Events page.
  5. Post voting. Letting the community knows what you think of the posts! When you find a post useful or relevant, you can upvote it. If you think a post is not useful or off-topic, you can downvote it.
  6. Search bar. You’ll see the search bar at the top right corner. It is a simple and fast way to know if there are any relevant topic you might be interested in. If not, start at a post and get a conversation going!

For more, you can check our forum: https://forum.denzity.io/category/2/mainboard-ask-us-anything