The Importance Of Knowledge Management To Your Business
Recently at a workshop with one of my clients, an older employee commented ‘Its strange, that you would have to come here and teach us this topic, since many years ago we were the leaders in these tasks and could have taught others. What happened?’ His comment directly brought attention to Knowledge Management (KM). It […]
Being Part of the Digital Economy
Recently, our office, which is one unit of an office complex, got new business neighbours. They are a regional branch of a multinational business organization. They replaced another regional branch of another global organization, which moved into more prestigious offices in Port-of-Spain. The motto on our new neighbor’s website reads ‘Strategic Advisors for the Digital […]
$TT3.7B In Suspicious Activity But…No Convictions Yet
Between 2011 and 2015, the Financial Intelligence Unit (FIU) analysed 2,341 Suspicious Activity Reports with a dollar value of approximately TT$3.7 Billion. However, to date there have been no convictions in connection with Money Laundering offences. This was on Thursday revealed by David West, Director of the Police Complaints Authority (PCA). West was delivering the […]
To Buy or Not To Buy
Many people are asking if this is a good time to invest in Real Estate seeing that Trinidad and Tobago are in a recession. Before answering that question, it would be wise to look at some of the advantages of investing in Real Estate while bearing in mind that investments in Real Estate are generally […]
The Relationship Between Demand & Market Value
David Bally B.Sc.(Hons) MRICS MISTT – Submitted: July 3, 2016 The time value of money suggests that it is better to receive money now than in the future. Therefore, when it comes to lending, financial institutions usually want to know how long a collateral property will take to sell, should the mortgagor default on the loan. […]
TTCSI Excellence in Service Awards
The Association of Real Estate Agents (AREA) is pleased to announce that our Association was the recipient of the Trinidad and Tobago Coalition of Service Industries (TTCSI) Service Association of the Year 2015 Award in Service Awards, which was held on Monday, November 30, 2015 at the Trinidad Hilton Ballroom. Our sincere thanks and appreciation […]
Buying a House…Is it still the “Best Investment a Young Couple can make”?
In 2012, the billionaire investor, Warren Buffet, was asked whether he would advise a young investor to put his money in stocks, or use their savings to buy a first home. He replied that buying a home with a 30 year mortgage, with a low interest rate, was as an attractive investment as anyone can […]
Simple Steps to Help you Purchase your First Real Estate Property
Buying your first property? Then here is a simple step by step approach to guide you on that important purchase. Determine your budget […]
Basic Real Estate Calculations for those Considering Investing in Real Estate as a Business
When investing in Real Estate as an investment and not as a home, the most important calculations you should know are: Net income:- This is the projected annual income less the projected annual expenses in owning the property. It is useful to also calculate the net income per month. The net incomes does not normally […]
Mortgage Refinancing
With all the offers of mortgage refinancing by local mortgage companies, we share some thoughts on the subject and invite subject matter specialists to add their advice. A mortgage refinance usually refers to the replacement of an existing mortgage with another mortgage under different terms. The mortgage refinance can either be with the existing bank […]