Early Mistakes To Avoid As A Property Developer

Early Mistakes To Avoid As A Property Developer

As a property developer, there is a lot to put into consideration. The entire process of developing a property takes immense attention to detail. It’s easy to make mistakes at the beginning that can lead to not making a profit off the property. In order to be successful, it’s important to avoid these early mistakes as a property developer:

The Wrong Location

When finding the right property, location is everything. The location is one of the main deciders of whether a property will be successful or not. One of the first mistakes a property developer can make is choosing the wrong location. Finding a property in an up and coming neighborhood is harder than it looks. The location must be near schools, by public transit, close to nice parks and main roads. Even though a developer can find a cheaper property, a buyer is not going to pay top dollar if it is not a nice place to live. Avoid this mistake by researching neighborhoods and be certain it can offer what buyers are looking for.

Being Too Cheap

Saving money on a property doesn’t always mean a bigger profit. If a property developer is too cheap during development, the property will lose its quality. Even though there are cheap versions of upgraded flooring, cabinets, and tiles, it’s better to opt for quality over price. When pricing is the developers biggest concern, there are still cost-effective ways to improve the property. This can be rendering the house, upgrading the driveway, and focusing on landscaping. These small details will give the property greater value and appeal more to the buyer.

Spending Too Much

There is the perfect middle ground between being too cheap and spending too much money. While the quality of the property is extremely important, some first-time property developers make the mistake of spending too much. Property developers shouldn’t over-design or specify when creating a property. It’s possible to have nice upgrades without going overboard on lavish appliances. To make a profit and stay on budget, skip the marble countertops or crystal taps. Spending too much is just as bad as being too cheap. It’s important o find the right balance.

Choosing the Wrong Builder

A property developer is only as good as its builder. The profitability and quality of the property depends on how good the builder is.  Many early property developers will make the mistake of choosing the wrong builder. It’s important for them to interview different builders and find someone with enough experience. The right builder will have at least ten years of consent business, many references, and have signed a fixed price contract. This way the property developer won’t get ripped off.

Peter Bubel’s Foodie Secrets of Philadelphia

Peter Bubel’s Foodie Secrets of Philadelphia

Philadelphia is a foodie town. Yes, it’s known primarily for soft pretzels, cheese steaks, and scrapple; however, dig beneath those layers of comfort food and you’ll find numerous locations for a foodie to indulge their taste buds. Here are a few places where they are more than welcome.

Reading Terminal Market — The first stop needs to be at this downtown mecca for foodies. Dozens of merchants offer not only items to pick up and eat on the LOVE square but also counter service. Consider the Dutch Eating Place, known for the delicacies of the Pennsylvania Dutch Amish, Kamal’s Middle Eastern Specialities, and the Down Home Diner for classic comfort food. And a foodie can’t leave the market without several scoops from Bassets Ice Cream which features mixtures from the area’s premier frozen dessert company.

Ting Wong — A few blocks west of Reading Terminal Market is Philadelphia’s Chinatown. A foodie should feel right at home in many of the shops and cafes of this neighborhood; nevertheless, they should consider their main stop at Ting Wong. Not many Chinese restaurants serve traditional breakfasts, but Ting Wong does with Chiang Fun filled with various meats or fried dough. They also vary some standard recipes. For instance, perhaps you’d be interested in fried rice with diced chicken and anchovy.

Fork — A quick walk or SEPTA ride to Old Town brings one to this restaurant that takes traditional recipes and spins them on a, well, fork. Take lasagna as an example. Fork makes their own pasta and fills the middle with cherry grove farm cheese, sweet potatoes, and pickled apples. Or perhaps you want to partake in smoked shrimp carpaccio with watermelon radish and kumquat.

Amada — This Old Town staple is a foodie’s paradise with tapas and a variety of unique plates. For the starters, diners can savor lamb tartar or Datiles Con Almendras — bacon-wrapped Medjool dates and almonds. Diners may also be interested in Sopa De Chirivia which is a parsnip & pear soup with pork belly and quince. Main dishes include Fideos Con Mariscos — calamari linguine & vermicelli with clams, scallops, and Sweet Onion Cream.

Philadelphia is simply not for those who only like mustard on their pretzels or their steak sandwiches ‘wit’ or ‘witout.’ With many of its restaurants and chefs reaching national prestige, the City of Brotherly Love is ready for a new foodie revolution.

Peter Bubel Discusses the Best Restaurants in Reading, PA

Peter Bubel Discusses the Best Restaurants in Reading, PA

downtown-view-of-reading-pa

Reading, Pennsylvania is a booming city filled with many delicious restaurants that aren’t to be missed while in town. But there are a few that just go far beyond the others in terms of quality and taste of food, decor and service. The restaurants below are the best of the best in Reading. Make your reservations now!

Frank & Diannah’s Arbor Inn

A German-American restaurant, Frank & Diannah’s Arbor Inn is always packed so make a reservation. The atmosphere is serene and warm with very friendly and professional staff who go above and beyond to make sure that you enjoy your visit. And the food, well it’s just top notch. Everything that you order is always delicious and cooked to perfection. Head over on Thursday nights for burger night!

Coastal Grille

This restaurant serves seafood with an American flare. There is a beautiful aquarium in the middle of the restaurant that ties everything together and adds a great ambiance. No matter what you order you will enjoy it. Everything here is spectacular. All of the seafood is fresh and of the utmost quality. It is prepared perfectly in interesting combinations such as Baja Fish Tacos. They also serve classic seafood dishes such as lobster rolls. No matter what you order, it will be delicious!

Judy’s On Cherry

This small restaurant is a hidden gem in Reading, PA. With extremely friendly and helpful staff your meal starts off well. And then the food comes out. Everything looks and smells mouthwateringly delicious. Judy’s never disappoints. A meal at Judy’s is never complete, though, unless you get one of their famous homemade desserts.

Dans Restaurant

This quaint little restaurant serves the most beautiful, fresh, and delicious food. Everything is plated, and cooked, to perfection. When the weather is nice they have a lovely outdoor patio so that you can enjoy the beautiful surroundings while you dine. All of the servers are very knowledgeable about the items on the menu and are happy to help you with whatever you need to ensure that you enjoy your time at Dans.

The Ugly Oyster

This pub serves American Seafood. The Ugly Oyster is pub food at its best and takes it up a notch. With an Irish pub atmosphere, this is a fun place to come for a drink and enjoy delicious food. Just be warned that the restaurant is small so you may not always have luck getting a table!