Who is more important? The Developer or the Investor?

A Real Estate Equity Crowdfunding platform like estatebaron.com has all the challenges of a market place, along with the issues in crowdfunding combined with a healthy dose of legal issues which if you get wrong can land you in jail. Having said that the rewards at the end of the tunnel can be immense. The era of crowdfunding real estate is finally coming down under and in the next few months we will see a number of crowdfunding platforms pop up. Some will wither away, there will be some consolidation, but the leading platform will occupy just over half of the total market share.

When you account for the fact that Real Estate Equity Crowdfunding is the fastest growing sector among crowdfunding segments and that it is projected to be a 250 Billion US Dollar industry by 2020 (less than 5 years now) along with the fact that Australian Residential property wealth is 5.7 Trillion the numbers start veering in to Facebook territory. The leading crowdfunding real estate platform in Australia will be worth around 20 to 30 Billion Dollars within 5 years. Australia is the last great frontier and we are currently in the Wild West era where the rules are still being written.

Along with the promise of great riches, there are great dangers as well. Legals primarily. The regulatory regime is still being crystallized. While estatebaron.com has already staked out the position that it has to be a full retail license others are waiting for the deregulation to come. But beyond that getting a market place going is terribly hard. Initially there are no buyers nor there are sellers. The sellers wont come to an empty market place and the buyers wont come if the choice is limited.

The way you break through this is by securing the best possible deals for your investors. The two deals which we have currently on estatebaron.com (Frankston and Caulfield) offer return to retail investors which even wholesale investors don’t get. We had to pull a lot of strings and sacrifice some of our profits but once the market is educated it will be worth it.

And we have no shortage of developers knocking on our doors seeking funding, even at this early stage of the estatebaron.com story. We have made the decision that in this 2 sided market place our customer is the investor and we will always focus on securing the investors best interest first. The one with the money wins. We are not worried about loosing out on the best deals. When you are backed by the people who put together Eureka towers and Australia 108 you can be assured that deal flow wont be a problem.

And our focus does not extend beyond Melbourne at this stage. We are not even running any ads beyond Melbourne. Our investors are local and so are our Developers. The investors in our mind should have the ability to visit the project they are investing in. In this early stage of the game, people in Perth are not going to go click, click, click and invest 10K in a project in Brisbane. Property is loved by Aussies primarily due to its tangible nature. An online approach will only be accepted gradually.

Estate Baron has been fortunate to have the backing of all the right players. And we are going to place the investors interest above the Developers. The Golden rule is … those with the Gold make the rules. Plain and Simple.

Teaching Tibetan Monks English

‘A strong mind and heart, you have,’ softly said Tashi, a 25-year-old Tibetan Buddhist monk, as we reached the peak of a mountain about 5,000 meters high, resting proudly south-east of the Ganden Monastery in Tibet. It took us about two hours to climb the steep mountain patched with snow and the yaks’ favorite sweet green grass. We could now see the 598-year-old Ganden from top with its temple of golden roof and count the tiny matchbox-like rooms of 450 monks. The room of Tashi-the-monk was among these rooms, and in that particular room, I stayed for about a week in May 2007.

When I was strolling through the narrow streets of the Tibetan quarter of Lhasa in late May and throwing curious looks into several Tibetan tea shops, a man in his middle thirties approached me with a never ceasing smile that Tibetans usually wear on their faces. He invited me into a tiny tea shop, and the conversation I had with him determined my time in Tibet in the next one week. This man is the brother of Tashi – the monk whose room I stayed in at Ganden monastery, and he introduced me to Tashi who in turn invited me to teach English to some of the monks at his monastery.

This was my second time venturing into something forbidden in Tibet or the Tibetan Autonomous Region in the People’s Republic of China (PRC) – a name imposed by the PRC on the occupied land of Tibet. My nationality – being a Turkish Cypriot – would not matter in the least to the PRC but being a foreigner definitely would. Without a Tibet Tourism Bureau Permit (TTB), not a single foreigner is allowed to enter Tibet which is under strict political control of the PRC, and without the consent of the Chinese police, no one is permitted to stay within a Tibetan monastery – especially in a monk’s room. My first ‘illegal’ act was when I entered Tibet from China and traveled through East Tibet to reach Lhasa on a motorbike with two of my friends without a TTB permit from the Chinese authorities. My second misdemeanor was staying at Ganden monastery and teaching English to four Tibetan monks each night at 8 pm for two hours.

Each morning, the therapeutic chanting of the monk next room combined with the soft whispers of a crisp mountain breeze woke me up in Tashi’s room. And there was only one single reason to come out of my sleeping bag and to remove the thick black coat Tashi wears when praying in a lotus position in his room – it was Tashi himself, who softly knocked the door at 6 am every day to prepare us a breakfast of butter tea and tsampa – roasted barley mixed with yak cheese. His greeting tashi deleg was always followed by a modest smile when scrutinizing the five layers of clothes I wore when going to bed every night. I always felt warmer outside the monastery when I occasionally went out to take walks with Tashi around the monastery or during nights when I walked to another monk’s room for my English lessons.

I walked to my class at nights with a cheap Chinese flashlight in hand and with Tashi, who always made sure I did not step into snow or fall into small holes carved by ice. As we reached our classroom through the eerie silence and darkness of night, I always imagined the monks’ rooms to be fireflies, with unstable electric currency flowing into the single electric bulb dangling from their wooden roofs.

Our classroom was in the quarter of a monk called Gonbo, who has been at the same monastery for 15 years and is now eligible to stay in a quarter with three rooms. Gonbo is also the English teacher-in-residence and speaks English more fluently than my other monk students. He uses the same tiny classroom at nights as well to teach those monks at Ganden willing to improve their English.

‘I know it is too small; you are probably used to teaching in bigger classrooms,’ said Gonbo, avoiding direct eye contact with me, perhaps thinking I would feel uncomfortable teaching here. As tiny as a rectangular matchbox with an iron stove and two mattresses on a mud floor, our classroom gave me hardly any space to move but was humble as it could get.

I sometimes sat on one of the mattresses by the iron stove to allow the monks practice speaking English in pairs. I listened to them carefully to later point out major grammar mistakes but at the same time, I was lured into the silence around us sometimes disturbed by the iron stove, slowly gobbling the yak manure. Other times, I moved to the square white board hung loosely on one of the white washed walls to write new vocabulary. Gonbo’s only board marker was hardly visible on the white board which was big and wide enough to allow me to write four or five words at a time.

The monks’ enthusiasm to learn more and improve their English was so overwhelming that it would always break the eerie silence and dimness engulfing us on the Tibetan roof of the world and dispel the damp smell of the room invigorated by the snow water slowly seeping through the walls.

‘Tibet is magical,’ said one of the monks as he stood up to present his country during one of our lessons and as the other students got ready to note down any mistakes in his English. ‘Buddhism is our way of life, and Tibetans are deeply religious people,’ he continued, concentrating on pronouncing the words accurately and fully devoting his heart to the presentation of his beloved land and people.

‘Our lives are simple,’ he continued, briefly stopping to look into my eyes to see if I agreed. ‘Simplicity is not only practiced in monasteries – it carries itself out into everyone’s lives in Tibet.’

The word ‘simplicity’ momentarily sent me back to my room in the monastery – one narrow bed, an alarm clock, several Buddhist prayer books on a colorful Tibetan chest, some postcards from Australia, the picture of Ganden Monastery Lama, a small oven, a huge slab of yak meat dangling from the ceiling, Tashi’s ceremonial robe and hat, and a bucket to carry water from the monastery well. ‘This is all Tashi owns in life,’ I reminded myself, ‘and a heart of gold and a mind of steel.’

The voice of the presenter brought my thoughts from my room back to our classroom. ‘Not only simple but strong, too – my people in Tibet,’ he concluded his speech. ‘As strong as your English,’ I praised the presenter’s language skills, encouraging everyone in class to applaud him.

A tiny damp classroom almost ready to collapse, dim nights brightened by a tiny electrical bulb or sometimes candles, and chilly nights warmed by yak manure…a strong mind and heart one must have to spend two hours of hard work under these conditions to improve English, especially after a long relentless day of Buddhism studies and daily life chores at an altitude of 4,500m away from the comforts of ‘civilization’ but in the midst of continuing Chinese government oppression. And my students, the Tibetan Buddhist monks of the Ganden monastery, do carry, undoubtedly, minds and hearts – mighty as the mountain nobly resting by their monastery.

Essentials for Better Airport Parking

People need to see off their friends and families at the airport because their heart does not want to let them go just yet. But when the moment arrives, and you have reached your destination, you spend the better part of your trip there searching for airport parking. This insane search is enough to test the patience of the most skilled driver too.

The most ridiculous charges are levied on car owners for miniscule amounts of time which is not exactly soothing to the nerves, especially after having gone through the trauma of searching for a spot in the first place. The authorities as well as the public would breathe sighs of relief if these issues were addressed in a systematic way. Employing a well planned system of handling resources would definitely benefit the public as it would allow them to relish the departure of their loved ones without any hassles.

Firstly, airport parking reservations can reduce the commuter’s heartache by an exponential degree. The simple task of confirming a spot for your vehicle can save you much confusion and would allow you to pay attention to more pressing issues and complete all official formalities. With the constant rush of people throughout the day at the airport, finding the best parking spot can be a logistical nightmare for both the authorities as well as the public.

Pre-booking a slot helps to organize the crowds expected during the day and will ease the chaos that would otherwise result during an unplanned day. You also have the mental relaxation of knowing that you do not have to hunt for a spot the moment you land there, and that you can comfortably wish your loved one a wonderful and safe journey to the destination country or city.

Air travel is not inexpensive. It is true that parking charges can at times hit the roof. A mere quarter of an hour can set you back by an unholy amount. Planning, coordinating, and deciding on a system where the common man has to pay a little less and not feel the pinch of travel and at the same time not con the service provider. Such an organized system of functioning can be a great way to solve parking issues for all. Affordable airport parking can go a long way in making the commuter and his loved ones more at rest.

The money you shell out for something as essential and basic as parking should live up to the service provided and not feel like a punishment or penalty. The heartache at zeroing in on the perfect parking spot itself is enough and does not require to be compounded by the prices levied on availing of the facility.

The trip to the airport need not be as full of heartache as it seems like. Planning and trying to come up with out of the box ideas can go a long way in making such a dreary task more tolerable and possibly more fun. Airport parking is an issue that cannot be handled by one side alone and will require close functioning of the public as well as the authorities.