Landlord's Guide Vol. 1: Remodeling
 |
Description
Book Introduction
The fastest and most reliable way to become a smart building owner: The Landlord Guide. The first volume is about remodeling to innovatively increase asset value. Today, real estate-related information is literally overflowing. We have access to more information than ever before through various media such as books, e-books, blogs, YouTube, and social media, but this overabundance of information can sometimes lead to confusion. There are many cases where people give false information, give advice that is not suitable for a specific situation, or are deceived by non-experts pretending to be experts with eye-catching words. Because of this, many people have difficulty making appropriate decisions. In this information overload, basic "skeletal knowledge" is more important than ever to make sound decisions. The Landlord's Guide is a great guide that solidifies your foundation of essential knowledge. First, we ask thirty-four questions to building owners facing various construction projects, such as new construction, remodeling, and expansion. If you calmly answer this question, you will be able to decide whether or not to proceed with the project, how to proceed, and what to do and what not to do. Landlords can find their own answers, build a foundation of knowledge, and become wise landlords. |
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Preview
index
01 Remodeling: Changing the Landscape of Commercial Real Estate
The Real Reason Remodeling Became a Trend
- New Vs.
Remodeling Selection Criteria
- A blue ocean opportunity in the remodeling market
- Find the best remodeling spot for your building.
Practical Remodeling 1: Checklist Before Deciding to Remodel
02 Before designing, plan to make money first
- How to find diamonds in the city
- Contract technology that turns risk into opportunity - Discovering the 1-pyeong area that determines the value of a building
- Vertical expansion Vs.
Horizontal expansion selection criteria
- Design details that increase sales
Practical Remodeling 2: Checklist Before Signing a Real Estate Purchase Agreement
03 Before signing a contract, have the discerning eye to select the best partner.
- The expert confirms 'this' with the construction company.
- Experts ask designers 'this'
- Golden rules to check before paying the balance
- As always, time is money.
Practical Remodeling 3: Key Checklist for Remodeling Permits
04 Before starting, the basics are cash flow design
- The yield actually speaks volumes.
- A money roadmap from financial institutions to choosing closing materials
- This is how you should save money
05 The Remodeling Market Transformed by AI and Cutting-Edge Technology
- The Achilles' heel of the remodeling market
Smart Tech: The Emergence of Game Changers
- One-stop solution from planning, design, construction, interior design, and operation.
Practical Remodeling 4: Tips for Using REER
The Real Reason Remodeling Became a Trend
- New Vs.
Remodeling Selection Criteria
- A blue ocean opportunity in the remodeling market
- Find the best remodeling spot for your building.
Practical Remodeling 1: Checklist Before Deciding to Remodel
02 Before designing, plan to make money first
- How to find diamonds in the city
- Contract technology that turns risk into opportunity - Discovering the 1-pyeong area that determines the value of a building
- Vertical expansion Vs.
Horizontal expansion selection criteria
- Design details that increase sales
Practical Remodeling 2: Checklist Before Signing a Real Estate Purchase Agreement
03 Before signing a contract, have the discerning eye to select the best partner.
- The expert confirms 'this' with the construction company.
- Experts ask designers 'this'
- Golden rules to check before paying the balance
- As always, time is money.
Practical Remodeling 3: Key Checklist for Remodeling Permits
04 Before starting, the basics are cash flow design
- The yield actually speaks volumes.
- A money roadmap from financial institutions to choosing closing materials
- This is how you should save money
05 The Remodeling Market Transformed by AI and Cutting-Edge Technology
- The Achilles' heel of the remodeling market
Smart Tech: The Emergence of Game Changers
- One-stop solution from planning, design, construction, interior design, and operation.
Practical Remodeling 4: Tips for Using REER
Detailed image
Into the book
“Buildings built in the 1990s, now just over 30 years old, were often built with maximum floor area ratios, thanks to improvements in construction technology and the economic boom.
This is because it was before the early 2000s when standards and restrictions were established for the urban development system.
If these buildings are demolished and rebuilt to meet current standards, not only will the cost be high, but the area will also be reduced.
In other words, these are treasures that are easy to remodel, built at a higher density than the current regulations.”
--- p.30
“Realistically, it is not easy to invest that much time and money in the building purchase review stage.
Therefore, rather than conducting a precise diagnosis using specialized equipment, if you visit the site with a structural engineer and inspect the situation with your own eyes, you can identify a significant portion of potential risks.
If you have an architect or structural engineer who works with your real estate agent, it's a good idea to ask them to accompany you and pay a small travel allowance."
--- p.95
“Remodeling actually requires more experience than new construction.
Unpredictable situations arise frequently, and the ability to handle them effectively is crucial.
In particular, remodeling involves complex administrative procedures, so it is not easy for inexperienced designers to familiarize themselves with and follow the various procedures in advance.
This is a risk that could lead to project delays.”--- p.146
“When a construction company demands an excessively high down payment, we recommend that you question the company’s financial status and reliability, and discuss the company’s history (past project performance, industry reputation, etc.), the CEO’s history, and the length of their tenure.
Additionally, for reliable construction companies, project managers with at least six months to one year of experience will lead the project.
This is an important indicator of the company's stability and project management capabilities.”
--- p.155
“The key strategy here is to elicit cooperation from sellers.
Ideally, you want to persuade the seller to make the necessary preparations before paying the balance.
And it is best to pay the balance when the demolition permit is issued so that the buyer can start the demolition work immediately.
While many sellers tend to be reluctant to allow changes to the building before the final payment, wouldn't it be more likely to win their cooperation if you clearly and sufficiently explain the importance and benefits of preparatory work?
“I highly recommend you try this, as it can shorten your project period by as much as 1-2 months.”
--- p.173
“Even for the smallest building, it takes at least two months to finalize the design plan and at least two months to obtain a building permit.
In the case of remodeling, it may take more time because additional reviews, such as a demolition review, are required.
That's why we recommend setting aside at least 3-4 months as a contingency period to accommodate unexpected variables.
Additionally, when entering into a real estate purchase contract for the purpose of new construction or remodeling, the balance payment period must be at least six months.”
This is because it was before the early 2000s when standards and restrictions were established for the urban development system.
If these buildings are demolished and rebuilt to meet current standards, not only will the cost be high, but the area will also be reduced.
In other words, these are treasures that are easy to remodel, built at a higher density than the current regulations.”
--- p.30
“Realistically, it is not easy to invest that much time and money in the building purchase review stage.
Therefore, rather than conducting a precise diagnosis using specialized equipment, if you visit the site with a structural engineer and inspect the situation with your own eyes, you can identify a significant portion of potential risks.
If you have an architect or structural engineer who works with your real estate agent, it's a good idea to ask them to accompany you and pay a small travel allowance."
--- p.95
“Remodeling actually requires more experience than new construction.
Unpredictable situations arise frequently, and the ability to handle them effectively is crucial.
In particular, remodeling involves complex administrative procedures, so it is not easy for inexperienced designers to familiarize themselves with and follow the various procedures in advance.
This is a risk that could lead to project delays.”--- p.146
“When a construction company demands an excessively high down payment, we recommend that you question the company’s financial status and reliability, and discuss the company’s history (past project performance, industry reputation, etc.), the CEO’s history, and the length of their tenure.
Additionally, for reliable construction companies, project managers with at least six months to one year of experience will lead the project.
This is an important indicator of the company's stability and project management capabilities.”
--- p.155
“The key strategy here is to elicit cooperation from sellers.
Ideally, you want to persuade the seller to make the necessary preparations before paying the balance.
And it is best to pay the balance when the demolition permit is issued so that the buyer can start the demolition work immediately.
While many sellers tend to be reluctant to allow changes to the building before the final payment, wouldn't it be more likely to win their cooperation if you clearly and sufficiently explain the importance and benefits of preparatory work?
“I highly recommend you try this, as it can shorten your project period by as much as 1-2 months.”
--- p.173
“Even for the smallest building, it takes at least two months to finalize the design plan and at least two months to obtain a building permit.
In the case of remodeling, it may take more time because additional reviews, such as a demolition review, are required.
That's why we recommend setting aside at least 3-4 months as a contingency period to accommodate unexpected variables.
Additionally, when entering into a real estate purchase contract for the purpose of new construction or remodeling, the balance payment period must be at least six months.”
--- p.212
Publisher's Review
Thirty-Four Questions to Become a Smart Landlord
Why is 30 years the standard for an old building?
Which is better, remodeling or new construction?
Should I remodel or not?
When is the right time to remodel?
Who is the target audience for my building?
What should I check before buying?
How should I plan my finances?
What should I check to take advantage of tax benefits?
Will AI transform the remodeling market?
What should you look for when setting your remodeling goals?
How do you differentiate your building from competitors?
Classic or trendy, which one should you choose?
How can we maximize the openness of a space?
Should I raise the floor or widen it?
What would be the impact of tearing down the inner wall?
How should we design to increase rent?
Can rooftops be converted into asset value?
Can rooftops be converted into asset value?
Is there a way to secure parking space?
What are some unexpected situations that may arise during the construction process?
Is there a favorable balance payment period?
What should I look for when selecting a construction company?
What should we look at to determine a company's reliability?
What if it takes longer than expected?
How do you balance quality and cost in materials?
What are some strategies to avoid cost overruns?
What are the strategies to reduce vacancy rates after remodeling?
What is the secret of a popular space?
How should I conduct market research?
When construction is completed, is the work really finished?
Is there any way to make maintenance easier?
How do we calculate the expected sales increase effect?
What kind of space do tenants like?
How to prepare for defects after completion?
Second, we provide only reliable information based on real-world experience.
Since its establishment in 2017, Zero2N Architectural Firm, a publishing company, has been providing comprehensive architectural solutions encompassing design, construction, and development.
Through this, we are realizing safe and rapid increases in real estate asset values and solidifying our unrivaled position in the industry.
Zero2N is a group of Korea's top experts, covering everything from design to development and operation.
Lim Ji-hwan, the CEO of Zero2N, has successfully completed over 100 projects over the past 10 years.
He received a bachelor's degree in architecture from Seoul National University and won the Young Architect Award from the Ministry of Culture, Sports and Tourism.
We offer innovative visions across a wide range of areas, from developing integrated architectural solutions to advancing and unifying the design and construction industry, and we are playing a pioneering role, particularly in the remodeling market.
He is currently demonstrating his capabilities as a member of the Gangnam-gu and Seocho-gu architectural review committees and as a public architect for the Seoul Metropolitan Government.
Additionally, the author, Executive Director Choi Hwan-seo, majored in technical engineering at Kumamoto National University in Japan and worked as a researcher at the Republic of Korea Air Force Aviation Technology Research Institute. He is currently leading various real estate projects, including the development of neighborhood living facilities, office facilities, and apartment complexes.
Jeon Ki-hwan received a bachelor's degree in architecture from Seoul National University and a master's degree in architecture from Harvard University.
As the leader of the company's Future Planning Department, I keenly analyze trends in the architecture and construction industry amidst the changing times, and based on this analysis, I continuously innovate and enhance the company's services.
Thanks to the efforts of these experts, we have been recognized for our technological prowess, innovation, and social responsibility through various achievements and certifications, including numerous awards for beautiful buildings in Gangnam-gu, the Minister of SMEs and Startups’ Technology Innovation Type Innobiz Certification Grade A (2021), selection as an excellent job creation company in Gangnam-gu (2023), selection as a talent development type small and medium-sized enterprise by the Ministry of SMEs and Startups (2023), selection as a strong small and medium-sized enterprise by the Ministry of Employment and Labor (2024), and the Customer Satisfaction Management Award Construction Service Category Grand Prize (2024).
And we are trying to catch two birds with one stone: artistic quality and marketability.
Also, in real estate transactions or construction projects, one decision can have a huge impact on everything.
It takes a lot of money, time, and effort, so if you make a wrong decision, it's difficult to turn back.
Even experts can make mistakes, so I've tried to organize difficult content as simply and concisely as possible.
By checking the 'Essential Checklist Before Remodeling', 'Checklist Before Real Estate Sales Contract', and 'Key Checklist for Remodeling Permits', you can avoid areas that are easy to overlook and mistakes in advance.
5 Features of the Landlord Guide
- Providing 'skeletal knowledge' that serves as a basis for judgment in an era of 'flood' of real estate information.
- A team of the country's top experts who have successfully completed over 100 projects
- Provides a key checklist before remodeling, before signing a real estate purchase contract, and when obtaining a remodeling permit.
- Providing a guide to finding a designer who enhances the value of a building and a safe and reliable construction company.
- Predicting the future of digital transformation (DX) in architecture and construction and providing digital solutions.
《Landlord Guide Vol. 1: Remodeling》 is packed with the know-how of Zero2N, who has been working in the construction and real estate development field in Seoul for over 10 years, experiencing the entire process from design, land purchase, and construction, and successfully completed over 100 projects.
In particular, Zero2N has the know-how and insight gained through experience in the Gangnam area of Seoul.
Based on these experiences, Zero2N provides practical and useful information to readers who dream of real estate development.
Real estate development is a field where leverage can create significant opportunities with minimal capital. With proper strategy and planning, it holds enormous potential for generating significant returns with relatively little capital.
Of course, if you misuse this opportunity, there is also the risk of suffering great losses.
Therefore, thorough preparation and accurate information are essential.
Today, real estate-related information is literally overflowing.
We have access to more information than ever before through various media such as books, e-books, blogs, YouTube, and social media, but this overabundance of information can sometimes lead to confusion.
There are many cases where people give false information, give advice that is not suitable for a specific situation, or are deceived by non-experts pretending to be experts with eye-catching words.
Because of this, I have seen many people struggling to make sound decisions.
In this information overload, basic "skeletal knowledge" is more important than ever to make sound decisions.
The Landlord's Guide will serve as a solid foundation for your most important knowledge.
Interest in remodeling has been increasing rapidly, especially recently.
As the growth momentum of not only the real estate market but also the entire industry is losing momentum, inquiries about remodeling are increasing. As the number of aging buildings in Seoul increases, the demand for remodeling is expected to grow even more in the future.
In short, it has become a major trend that even Korea cannot avoid.
Remodeling is a great way to increase the value of your land and building at a lower cost and in a shorter time compared to new construction.
In light of the relative paucity of information on remodeling in this context, this book provides a reliable framework of knowledge.
Zero2N directly purchases buildings in the Gangnam Station area, remodels them, and operates the office building. We handle all processes, including land purchase, design, construction, and project financing.
Based on these experiences, we provide our readers with practical and reliable information.
(From the opening text)
Why is 30 years the standard for an old building?
Which is better, remodeling or new construction?
Should I remodel or not?
When is the right time to remodel?
Who is the target audience for my building?
What should I check before buying?
How should I plan my finances?
What should I check to take advantage of tax benefits?
Will AI transform the remodeling market?
What should you look for when setting your remodeling goals?
How do you differentiate your building from competitors?
Classic or trendy, which one should you choose?
How can we maximize the openness of a space?
Should I raise the floor or widen it?
What would be the impact of tearing down the inner wall?
How should we design to increase rent?
Can rooftops be converted into asset value?
Can rooftops be converted into asset value?
Is there a way to secure parking space?
What are some unexpected situations that may arise during the construction process?
Is there a favorable balance payment period?
What should I look for when selecting a construction company?
What should we look at to determine a company's reliability?
What if it takes longer than expected?
How do you balance quality and cost in materials?
What are some strategies to avoid cost overruns?
What are the strategies to reduce vacancy rates after remodeling?
What is the secret of a popular space?
How should I conduct market research?
When construction is completed, is the work really finished?
Is there any way to make maintenance easier?
How do we calculate the expected sales increase effect?
What kind of space do tenants like?
How to prepare for defects after completion?
Second, we provide only reliable information based on real-world experience.
Since its establishment in 2017, Zero2N Architectural Firm, a publishing company, has been providing comprehensive architectural solutions encompassing design, construction, and development.
Through this, we are realizing safe and rapid increases in real estate asset values and solidifying our unrivaled position in the industry.
Zero2N is a group of Korea's top experts, covering everything from design to development and operation.
Lim Ji-hwan, the CEO of Zero2N, has successfully completed over 100 projects over the past 10 years.
He received a bachelor's degree in architecture from Seoul National University and won the Young Architect Award from the Ministry of Culture, Sports and Tourism.
We offer innovative visions across a wide range of areas, from developing integrated architectural solutions to advancing and unifying the design and construction industry, and we are playing a pioneering role, particularly in the remodeling market.
He is currently demonstrating his capabilities as a member of the Gangnam-gu and Seocho-gu architectural review committees and as a public architect for the Seoul Metropolitan Government.
Additionally, the author, Executive Director Choi Hwan-seo, majored in technical engineering at Kumamoto National University in Japan and worked as a researcher at the Republic of Korea Air Force Aviation Technology Research Institute. He is currently leading various real estate projects, including the development of neighborhood living facilities, office facilities, and apartment complexes.
Jeon Ki-hwan received a bachelor's degree in architecture from Seoul National University and a master's degree in architecture from Harvard University.
As the leader of the company's Future Planning Department, I keenly analyze trends in the architecture and construction industry amidst the changing times, and based on this analysis, I continuously innovate and enhance the company's services.
Thanks to the efforts of these experts, we have been recognized for our technological prowess, innovation, and social responsibility through various achievements and certifications, including numerous awards for beautiful buildings in Gangnam-gu, the Minister of SMEs and Startups’ Technology Innovation Type Innobiz Certification Grade A (2021), selection as an excellent job creation company in Gangnam-gu (2023), selection as a talent development type small and medium-sized enterprise by the Ministry of SMEs and Startups (2023), selection as a strong small and medium-sized enterprise by the Ministry of Employment and Labor (2024), and the Customer Satisfaction Management Award Construction Service Category Grand Prize (2024).
And we are trying to catch two birds with one stone: artistic quality and marketability.
Also, in real estate transactions or construction projects, one decision can have a huge impact on everything.
It takes a lot of money, time, and effort, so if you make a wrong decision, it's difficult to turn back.
Even experts can make mistakes, so I've tried to organize difficult content as simply and concisely as possible.
By checking the 'Essential Checklist Before Remodeling', 'Checklist Before Real Estate Sales Contract', and 'Key Checklist for Remodeling Permits', you can avoid areas that are easy to overlook and mistakes in advance.
5 Features of the Landlord Guide
- Providing 'skeletal knowledge' that serves as a basis for judgment in an era of 'flood' of real estate information.
- A team of the country's top experts who have successfully completed over 100 projects
- Provides a key checklist before remodeling, before signing a real estate purchase contract, and when obtaining a remodeling permit.
- Providing a guide to finding a designer who enhances the value of a building and a safe and reliable construction company.
- Predicting the future of digital transformation (DX) in architecture and construction and providing digital solutions.
《Landlord Guide Vol. 1: Remodeling》 is packed with the know-how of Zero2N, who has been working in the construction and real estate development field in Seoul for over 10 years, experiencing the entire process from design, land purchase, and construction, and successfully completed over 100 projects.
In particular, Zero2N has the know-how and insight gained through experience in the Gangnam area of Seoul.
Based on these experiences, Zero2N provides practical and useful information to readers who dream of real estate development.
Real estate development is a field where leverage can create significant opportunities with minimal capital. With proper strategy and planning, it holds enormous potential for generating significant returns with relatively little capital.
Of course, if you misuse this opportunity, there is also the risk of suffering great losses.
Therefore, thorough preparation and accurate information are essential.
Today, real estate-related information is literally overflowing.
We have access to more information than ever before through various media such as books, e-books, blogs, YouTube, and social media, but this overabundance of information can sometimes lead to confusion.
There are many cases where people give false information, give advice that is not suitable for a specific situation, or are deceived by non-experts pretending to be experts with eye-catching words.
Because of this, I have seen many people struggling to make sound decisions.
In this information overload, basic "skeletal knowledge" is more important than ever to make sound decisions.
The Landlord's Guide will serve as a solid foundation for your most important knowledge.
Interest in remodeling has been increasing rapidly, especially recently.
As the growth momentum of not only the real estate market but also the entire industry is losing momentum, inquiries about remodeling are increasing. As the number of aging buildings in Seoul increases, the demand for remodeling is expected to grow even more in the future.
In short, it has become a major trend that even Korea cannot avoid.
Remodeling is a great way to increase the value of your land and building at a lower cost and in a shorter time compared to new construction.
In light of the relative paucity of information on remodeling in this context, this book provides a reliable framework of knowledge.
Zero2N directly purchases buildings in the Gangnam Station area, remodels them, and operates the office building. We handle all processes, including land purchase, design, construction, and project financing.
Based on these experiences, we provide our readers with practical and reliable information.
(From the opening text)
GOODS SPECIFICS
- Date of issue: October 28, 2024
- Page count, weight, size: 256 pages | 140*225*18mm
- ISBN13: 9791198925404
- ISBN10: 119892540X
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