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THE MAIN PRINCIPALS OF PROPERTY MANAGEMENT |
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PROPERTY INVESTMENT WITH LIFELONG EXPENDING |
- Investing into an overseas property has costs while you have |
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- The question is not how to to spend as low as you can |
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- But how to achiev maximum return with as low extra costs as you
can |
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- Extra costs are all costs associated with purchasing, letting and
selling |
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- Because cost of property investment is much more than purchasing
price |
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Cost Management |
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OPERATIONAL EXPENDITURE (OPEX) |
- There are costs which are necessary to be covered (OPEX) |
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- OPEX do not have added value to property investment |
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- For instance, travel expenses, accountant expenses, finder's fee |
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- Property Management could be an OPEX unless it is professional |
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Expenses without Added Value |
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CAPITAL EXPENDITURE
(CAPEX) |
- Expenditures creating future benefits |
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- Future benefits are added values in rental/re-sale potentials |
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- CAPEX is essential in Budapest where achievable capital growth
is low |
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- To improve reasonable returns from investment, CAPEX is to be
considered |
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- New Model with value adding services is about CAPEX and its
benefits |
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Creating Future Benefits |
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