The agent was late; but the property he showed was nice

Every generation needs a revolution - an entrepreneurial revolution

During the tripping and showing of properties before, they were mostly outright disappointing.  The access roads were two:   one from backroad, one is from main highway.  The property is more accessible from the newly built avenue.   

The soil was perfect  for our purpose.   The back end of the property is overlooking the lake and may make some of the units premium.   There is an additional two hectare property that may be had for jv. making the project total 5 hectares  for 10,000 units plus saleable.   We can reach  9 digits revenue for the 5 hectare project.

The people of this town will be happy that there will soon be a project here (it does not have) for their total population of 313K citizens.   

However, I still do not have docs and can not make an offer.

Is offering a real estate to a religious minority a sound business?

Every generation needs a revolution - an entrepreneurial revolution

An acquaintance was toying with the idea of offering a real estate project to a religious minority so that they do not go home anymore to their provincial home to satisfy this need.   His advantage will be that he will have a tax free income and exemption from a license from govt agency if he ties up with the group.

However the provincial population here of the minority is only 17,000.   For entire MM it is 105,000.

Will this target market be enough for his venture if  he has 13,000 inventory.  Can they afford his price of P50,000.?

Shall he push through with his project?

Project Management inclusion - maintenance

Every generation needs a revolution - an entrepreneurial revolution

Every project management plan must include:

     1.  Project plans and estimate

     2.  Construction -  building it

     3.  Maintenance -  keeping the structure new and clean

The same thing with cost estimate.   Cost estimate must include the 3.  

Some offers or bid may be low for #2, but expensive in the long run for 3.   We see that in car repairs, very difficult to remove parts costs much.  Some parts may be cheap but difficult to install.