Part 6 of the post “Do you like “role games”? Let us play the… residential developer To read part 1, please press here To read part 2, please press here To read part 3, please press here To read part 4, please press here To read part 5, please press here Mr X is a serious successful medium size developer in his country. After having heard so many people talking about Romania, he decided to come over here and invest as well, targeting bigger profits than what he could earn at his place (do you know anyone who would leave his country in order to earn less than back home?). More or less his project [...]
(Some of) My activities in the Real Estate market of Cluj
Last week one of the most important regional newsapapers in Romania, “Ziua de Cluj”, had a market analysis for the Real Estate market of Cluj. Kristina Restea was the journalist who wrote the story, being one of the experts in the Real Estate segment in her area (and not only). If you want to read what my opinion was, you can check the text below. For the original text and the newspaper’s site, please check here: http://www.ziuadecj.ro/action/article?ID=46959 Foreigners buy land in the center of Cluj Real estate investors looking for properties start to purchase properties. Places of interest: [...]
“We don’t negotiate too much with the clients.If you teach them like this, you will spoil them”
Part 5 of the post “Do you like “role games”? Let us play the… residential developer To read part 1, please press here To read part 2, please press here To read part 3, please press here To read part 4, please press here Mr X is a serious successful medium size developer in his country. After having heard so many people talking about Romania, he decided to come over here and invest as well, targeting bigger profits than what he could earn at his place (do you know anyone who would leave his country in order to earn less than back home?). More or less his project reached a budget of 15 million [...]
“We don’t negotiate too much with the clients.If you teach them like this, you will spoil them”
Part 4 of the post “Do you like “role games”? Let us play the… residential developer To read part 1, please press here To read part 2, please press here To read part 3, please press here Mr X is a serious successful medium size developer in his country. After having heard so many people talking about Romania, he decided to come over here and invest as well, targeting bigger profits than what he could earn at his place (do you know anyone who would leave his country in order to earn less than back home?). More or less his project reached a budget of 15 million Euro. About 10 million was the [...]
You should pay the whole amount cash, not in order to receive a deduction in price, but so as to receive a priority in our list of pending projects”
Part 3 of the post “Do you like “role games”? Let us play the… residential developer To read part 1, please press here To read part 2, please press here Mr X is a serious successful medium size developer in his country. After having heard so many people talking about Romania, he decided to come over here and invest as well, targeting bigger profits than what he could earn at his place (do you know anyone who would leave his country in order to earn less than back home?). Until to buy a land and to have it ready for development, it took him 24 months, a period throughout he already had invested: First [...]
“Of course you have to pay a lot, you will earn even bigger profits”
part 2 of the post “Do you like “role games”? Let us play the… residential developer To read part 1, please press here Mr X is a serious successful medium size developer in his country. After having heard so many people talking about Romania, he decided to come over here and invest as well, targeting bigger profits than what he could earn at his place (do you know anyone who would come here in order to earn less?). Until to reach his first transaction, 7 months after he first came in the country, he already had invested: First phase’s figures: Total investment in money: [...]
Do you like “role games”?Let us play the… residential developer!
(part 1) During the previous months, we all “enjoyed” a big number of upset people (and some media) complaining for the high prices of apartments. They all blamed the residential developers as the ones who “keep the prices high and try to steal our money from our pockets”. I am the first one who says that there are many bad professionals out there, but today let us try to enter in a developer’s shoes. Especially a foreigner one. Do you want to play this “role game” together? Our hero, Mr X, a successful developer in his own country 2006 – 2008. Let us assume that Mr X is a developer in his country. [...]
Q: How did 2012 start for the residential market in Iasi?
Dan Mihoci: The real estate market is headed towards normalcy, without “sentimental” pretentions of the seller or unfounded requests from buyers with an evident need for consultancy, for both buyers and sellers. Despite the bad weather and the economic and political instability, the real estate market is an interesting chapter for everyone.
Q: In 2011, the year started with a high level of interest but few transactions. How did the market evolve ... 
The best advice Warren Buffet ever received (!)
On Thursday evening I was checking the web when I came across the latest interview of Warren Buffet. He managed to surprise his audience again, talking about “the power of unconditioned love” as the best advice he had ever received! You can check it our yourselves here. Now, between you and me, tell me… would you ever expect the second richest man in the world to say this kind of things? (just as a joke, can you imagine the second richest… Romanian tycoon to talk like this in public?) [...]