Just more video of inside the Airport, I wanted to get across this video the size of the facility and what was inside it.
To get further information on the Airport please click here.
THESE PHOTOS ARE FROM A MODEL OF THE AIRPORT ON THE SECOND FLOOR.
The founders of ark Property Investment have started this Blog to document our investment venture in North Dakota.
Tuesday, October 28, 2014
Minot Airport Mini Museum
Just more video of inside the Airport, I wanted to get across this video the size of the facility and what was inside it.
To get further information on the Airport please click here.
Minot Airport Initial Visit
Apologies for not posting for a while but I have been busy here in Minot ND, I will be posting some general videos of my trip for every ones enjoyment.
Wednesday, October 22, 2014
Answers to more questions for investors
We want to make sure all interested parties in our project learn all they need to know, please contact our company; if you or any one you represent has questions.
How would you describe the competitive landscape in this industry? How attractive or forgiving is it?
I would describe the competitive landscape in real estate for Western North Dakota as an emerging market. It is very attractive, and has a good long term business prospect; initially we will develop residential properties that have the potential to generate immediate return on investment upon completion of construction and then will be resold. We will then take proceeds from sale to supplement equity investment of second residential property that will be held and rented as an income producing asset, while seeking long term appreciation.
Why did you choose this particular business?
My wife and I chose this particular business because the North Dakota Bakken region real estate offers diversification. As with any investment, stocks, bonds and buying and selling apartment buildings, there is a risk that the value of your investment will go up and down. That said, over time, real estate values have appreciated.
What is something the successful incumbents are able to do to compete?
Successful incumbents that have been able to compete in the local industry were able to leverage out of state financial assets as investment capital. They put a lot of time and effort into building up relationships and trust with local government and business within the Bakken region.
How would you describe the competitive landscape in this industry? How attractive or forgiving is it?
I would describe the competitive landscape in real estate for Western North Dakota as an emerging market. It is very attractive, and has a good long term business prospect; initially we will develop residential properties that have the potential to generate immediate return on investment upon completion of construction and then will be resold. We will then take proceeds from sale to supplement equity investment of second residential property that will be held and rented as an income producing asset, while seeking long term appreciation.
Why did you choose this particular business?
My wife and I chose this particular business because the North Dakota Bakken region real estate offers diversification. As with any investment, stocks, bonds and buying and selling apartment buildings, there is a risk that the value of your investment will go up and down. That said, over time, real estate values have appreciated.
What is something the successful incumbents are able to do to compete?
Successful incumbents that have been able to compete in the local industry were able to leverage out of state financial assets as investment capital. They put a lot of time and effort into building up relationships and trust with local government and business within the Bakken region.
Tuesday, October 21, 2014
Our Entrepreneurial Mission, Aspiration, And Risk Propensity
As one of the founders of our company I want to give you all some background, I lived in the Middle East for many years, houses and buildings their made me think I was in a SCIFI Movie. I want to change the real estate development industry in America by building Dubai in America. I don’t have the money or resources so I will start small, and I am not an original person so I am just going to copy the existing model and see if I can make a profit at it. The construction Boom in Dubai was fueled and financed by Oil. In North Dakota specifically the region of McKenzie County has boasted our country’s most vigorous economy over the past five years thanks to the ongoing Oil and Resource Boom; the state’s population has tripled in size since the 2010 census, so I am going to solve the issues with housing and commercial properties by building my dream.
My aspiration is to create a real estate investment business with my wife and use it to build my dream in North Dakota and not go bankrupt. My whole life I have dreamed about the future; taking my inspiration from literature and movies. As I have gotten older I have seen our cities and communities change and not embrace the future. Change has been driven by the wants of my peers and the baby boomer generation; they see new buildings as having no heart or style. So in consequence all I see now are developers catering to old styles in homes; building Mediterranean and Victorian with modern twists trying to recapture the style of homes built from 1880-1920. The future was over 50 years ago and it was rejected; Mid-Century modern was a revolution in architecture led by Frank Lloyd Wright, the homes and buildings of this style were meant to bringing more of the outdoors in with heavier use of windows and fewer walls to separate people from one another; I want to promote this style again as the future of America.
The risk propensity in North Dakota is high for investors; just the terminology used to describe the economy there, when you hear the word ‘boom’ you also think of the word bust. Competition in the construction industry there is crazy, regional developers are active in the area and they are now competing for space with Wall Street investors and international firms representing investors from Australia to Singapore. I have a family so I cannot take to many risks; the ownership structure of our new start-up company, arK Property Investment will be a privately held Limited Liability Company (LLC) and shall be registered in the state of North Dakota. As a holding company to manage the developed real estate assets.
I think that our collective vision of the future has not lived up to our expectations. Our dream is possible to accomplish, but it will have to happen slowly. At first anyway. The speed of chance is directly related to the amount of people that share our vision - other investors and partners. While building our investment company, we are looking for others that share our vision. To accomplish our vision, we will need a strong network that believes in the idea.
My aspiration is to create a real estate investment business with my wife and use it to build my dream in North Dakota and not go bankrupt. My whole life I have dreamed about the future; taking my inspiration from literature and movies. As I have gotten older I have seen our cities and communities change and not embrace the future. Change has been driven by the wants of my peers and the baby boomer generation; they see new buildings as having no heart or style. So in consequence all I see now are developers catering to old styles in homes; building Mediterranean and Victorian with modern twists trying to recapture the style of homes built from 1880-1920. The future was over 50 years ago and it was rejected; Mid-Century modern was a revolution in architecture led by Frank Lloyd Wright, the homes and buildings of this style were meant to bringing more of the outdoors in with heavier use of windows and fewer walls to separate people from one another; I want to promote this style again as the future of America.
The risk propensity in North Dakota is high for investors; just the terminology used to describe the economy there, when you hear the word ‘boom’ you also think of the word bust. Competition in the construction industry there is crazy, regional developers are active in the area and they are now competing for space with Wall Street investors and international firms representing investors from Australia to Singapore. I have a family so I cannot take to many risks; the ownership structure of our new start-up company, arK Property Investment will be a privately held Limited Liability Company (LLC) and shall be registered in the state of North Dakota. As a holding company to manage the developed real estate assets.
I think that our collective vision of the future has not lived up to our expectations. Our dream is possible to accomplish, but it will have to happen slowly. At first anyway. The speed of chance is directly related to the amount of people that share our vision - other investors and partners. While building our investment company, we are looking for others that share our vision. To accomplish our vision, we will need a strong network that believes in the idea.
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