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Real Estate Developer Neil Mathew Gives His Insight On Real Estate Investments And Building A Strong Team

Mathew embraced success through his unique vision and strategy. With the ability to think outside the box and stand out from his competitors, he has founded it an easy task to achieve the goals which he set up in his life.

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Neil Mathew founded a company, which offers international luxury concierge to wealthy clients. With his unique concept, he obtained the opportunity to establish his business in a prominent place within the industry. Neil Mathew promoted his luxury goods to business entities such as tech companies, hotels, reality stars, designers and other elite individuals.

After his successful business venture, Neil Mathew did not want to stop. He knew the risk associated with sticking to a single business and wanted to find ways to expand his portfolio. As a result, he advanced into real estate investments- his present focus where he is engaged with the process of developing and selling luxury properties. Neil is in charge of planning, designing and constructing multiple properties. Neil Mathew has been able to stand out from his competitors due to his unique approach and is looking forward incontinuing to enhance his business.


Many real estate investors and first time investors are making mistakes by rushing into purchasing a property quickly. In real estate, as location is important, timing is even more important.


Do I want to buy and sell for a quick profit, or buy and hold for future profit and immediate income source?

If you are looking to buy and flip, make sure you learn the area you are investing in by looking at what is available, previewing available homes (so you learn your competition), and taking a look at what was sold in the last 6months. Make sure you choose comparable size, location, number of bedrooms & baths, condition and type.

When negotiating a price, always start below your asking price (about 10-15%) and slowly raise your offer. In some cases (may be 20%) you should start with your best offer if there are other bidders on the same property, at the same time. For those of you who are looking to buy and keep for income that isby far, the best long-term approach. I have seen hundreds of investors lose their shirt by investing in speculations and projected future upsides. Those who invest and are using properties for rental income are almost guaranteed in long-term returns. In my opinion, targeting multiple apartment units should be your main to achieve long-term profit.

Many investors work by cap rate which is a basic and quick way to know if the deal is worth while due diligence. But always make sure you calculate ROI to know the true return you will have from the investment. Cap rate is only good when you buy all cash, however, the majority of investors do not buy cash. Most investors place 25%-35% down and the rest is mortgaged. When doing so, you must calculate your returns in the following ways:

Let us use a $1,000,000 purchase price with $80,000 net operating income. In this case, the obvious Cap is 8%. But will you make 8% on your investment when you use 30% down and the rest is mortgaged?

Not really. Here is how you should calculate: say your loan amount is $700,000 and a 5% interest (amortized for 25 years). In this case, your monthly mortgage payment will be about $4,000, meaning $48,000 for the year. Now take the $80,000 net income minus $48,000 and we are left with $32,000 net after mortgage. If our initial investment was $300,000, then making $32,000 a year is about 11% return.


Team building is all about creating a construction crew that can both listen and lead, with a focus on team work that plays up strengths and supports weaknesses. When your employees collaborate more harmoniously, the whole construction project becomes more productive and successful. 

I follow these steps when creating a team and this is how I got my team:

STARTING OUT: When you first start creating your team, make sure you are getting those who are willing to learn and work with others. Also, make sure your employees are getting the task done in a timely manner. You need to be present at the site daily to make sure things are going smoothly and being done properly because one small mishap can be very costly.

TRAIN EACH OTHER: Construction sites are often plagued by skill gaps. Your seasoned employees shy away from technology, but your younger workers lack the experience to make sound judgment calls. Recognize those with strong skills and ask them to lead training sessions for the others. If new equipment has come out that your construction workers could use, give them the time to get hands on training in a group setting. New challenges and new educational experiences often inspire stronger team work.

TAKE ADVANTAGE OF CONFLICT: Somewhere, somehow, conflict will show up. When confrontation between employees get out of hand in a start up, the CEO must face it. Do not complicate the situation by deciding what is good or bad. Listen to all sides carefully and then talk to other team members who observe the quarrel. Work together to solve the problem and brainstorm together to come up with a solution. Sometimes having difference of opinion are good; it just means that they make people think about two point of views of the matter. More point of views means more possibilities.

MAKE HIRING A TEAM EFFORT: If you want to hire a new person, discuss this with your team. Allow your team members to talk with these candidates because they will be, ultimately, working together. It is vital that this person fits into the team. Of course, experience and suitable qualifications are important – but the most important qualities to look for are always personality and social skills that are compatible with your team. With regards to trust and respect described above, personality and social skills are like glue. They help people communicate. They can glue different people together, whereas qualification only ensures that tasks are completed properly. 

MOCK SAFETY SCENARIOS: ;Bringing your construction workers together to participate in mock safety scenarios can build stronger teams and prepare them for hazardous situations. Pair them up or place them in small groups and ask them to respond to certain specific safety situations. Not only will they improve the way they work together, but you can also access areas that need more improvements. Having other workers rate their responses also helps to add more accountability.

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