Wednesday, June 16. 2010REAL ESTATE AS A BUSINESS?
Joyce, the wife of the OFW whose husband remits to her $300 or PhP15,000 monthly wants to consider just buying real estate as an investment. She understood from our last talk that she should not invest more than PhP7,000 in real estate so that she can spread her risks.
Her cousin, Tina, is offering her a piece of land in her province as an investment. It is 1,000 sq.m. for only PhP400,000. Her cousin is even willing to accept installment payments if she just makes a 10% down payment of PhP40,000. Joyce has the money for the down payment because her husband just received a bonus. Tina is willing to accept payment for the balance of PhP360,000 at the installment payments of PhP7,000 per month for 5 years or 60 months. This is actually equivalent to paying Tina an interest rate of only 6.24% p.a. for the PhP360,000 balance due. Tina told Joyce that this is a good deal because the property is well located and there are talks that prices will at least double in five years (this means that the value of the property will increase by 14.4% per year) because the area will be developed very soon. Tina can’t wait for the development because she is getting married and living abroad. The monthly installment is something that she wants to give to her parents as a monthly gift because her husband will be giving her the same amount to give to her parents anyway. My comments are:
I also told Joyce, for her information that others also buy real estate to develop into buildings to rent, sell or into condominiums. However, these involve bigger capital and a lot more serious business management expertise. Trackbacks
Trackback specific URI for this entry
No Trackbacks
Comments
Display comments as
(Linear | Threaded)
My young kid is reading these article and was shocked by your comments. Please be considerate to others... If you are really a hater please do not drag everyone on it specially young readers of this articles.
Edna, trust me, walang kids na mag tatyagang mag basa....They'd rather play video games or mag surf ng latest fashion.
Puro gurang lang ang nag tatyaga dito... Iba ang trip ng mga bata ngayon.... please be a human.... hello guys just be patience with kaliwete because he forgot to take his medicines for 3 days already.... can somebody help me to bring him back to NCMH?
thanks In fairness maayos ang ginawa ni GMA na transition ng panguluhan taliwas sa tsismis at haka-haka na kapit tuko siya sa kapangyarihan.
Siya lang ang Presidenteng nakapagpatupad ng automated elections at marami pang countryside developments. Yung mga tsismis ng corruption, please wag lang dakdak, samahan niyo ng mga ebidensiya. ngayon pa lang bulaan ka na dati sa kapitan ng baranggay manunumpa ngayon saan na ba? sana wag matuloy.di ka sana high blood sa kasisigarilyo mo loko
Just to clarify po,si Richard "Dick" Gordon ang dahilan bakit nagka automated election. Siya ang author ng automated election bill.
the philippines is poor its because the people are importer…they love imported products… thats why the philippines is always losing money reserves and always borrow money to world bank… see the cars of the rich illiterate filipinos ,,isnt it japan,germany,americans and european..not one of them is philippine made
Ako nga di umiiksena kayo pa....Kita nyo naman sa proklamasyon, kuntento na akong nasa malayo naka masid.... Baka kasi mahalatang excited akong maging first lady....
Ang mga kapatid ni noynoy, future sister-in-law ko, namamahagi ng mga gamit sa iskwelahan. Kita nyo naman ang mga pakitang tao nila, parang tutuo ano... Wag din kayong mag alala sa malaking tulong ng mga angkan nila noynoy sa kandidatura nya....walang daw string attach yon....kasi welding talaga...Isa lang naman ang hiling nilang kapalit eh: Basta wag lang daw gagalawin ang Hasienda Luisita, makaka asa si noynoy lagi ng finacial na tulong...di na nya kailangang mangurakoy ng malaki... To Mr.Colayco,
Why property buyer from the Philippines needs to pay reservation fee from the broker even you want to pay it cash on the first hand?I am talking about buying the property right away not trying to reserve it. I wish I get answer from this. Hay nako iha, para ka naman bago sa korakutan sa gobyerno ng pinas...lalo ka sigurong mag tataka kung hihingian ka pa ng pang mirienda...pababalik-balikin...tapos ang bayad mo, malaking depernsya sa resibo...mabuti kung reresibuhan ka pa.....
Sigurado, maraming fee na hindi mo naiintindihan ang sinisingil sa iyo.... Part yon ng kalakaran sa government agency.... Thanks sa reply mo.Hindi naman ako
nakatira dyan sa Pilipinas pero residence ako dyan sa atin.Nagtataka lang ako kong bakit ganon dito sa abroad hindi ka sinisingil para magbayad ng reservation fee.Ang gusto kong malaman ay kong nasa constitution yan o batas sa Pilipinas dahil sobrang mahal ng singil. Sana ayusin din yan ni Noynoy Aquino. kadalasan naman nman na hinihingi nilang reservation fee ay nddeduct sa total price nung ippurchase mo so there's no worries on that. As an addition, you'll get a maximum discount if you'll get it cash, ask for it kasi minsan since nasa ibang bansa tayo, sinasamantala ng agents yung sitwasyon for them to get better commision. Please be more aware with your benefits first and study your options. Good luck on your purchase!
Ganun ba yoon kaliwete579?
Mali ka ata ah. Alam mo ba ang reservation fee ay ini impose sa realty business to make sure that no one can easily sell the property to anyone else. Remember there are lots of customers who are inquring about these particular properties and therefore first come first serve with the reservation fee basis. If you are 100% sure to buy. Then with your initial payment, it will be reserve to the name of a potentil buyer. In other words, giving your reservation fee is an indication that you are definite to buy for it. If not, then no need to give the reservation fee. With regards to the reservation fee, it is usually deducted to the whole amount of the selling property to fully pay the total amount with all the charges therein. This is the point. Will you please don't make such non sense information that's far from this issue and concern. The quiry of lyn is valid. Thank you. Are you telling me na walang kurakutan sa transaksyon ng gobyerno?
#5.1.2.2.1
Kaibigan
on
2010-06-20 20:18
(Reply)
Alam mo Kaliwete579 kahit saang dako sa mundo me issue ng graft and corruption. Bago pa ba sa yo yon?
Ang tinatanong ni lyn eh bakit me reservation fee. At ang sagwa naman ng sagot mo. Bigyan mo naman ng matinong sagot ang tao. Kung pupunta ka sa isang establishment at me gusto kang bilhin, tapos me reservation fee, ganon na ba agad ang conclusion mo dahil para sa kurakot? Papayag ka ba na ang sagot eh ganon? Syempre linawin mo bakit sa anong dahilan at anong breakdown bakit me ganoong charge. Dahil nasa katinuan naman ang katanungan ni lyn eh bigyan mo naman ng maayos at concrete na sagot wag yong pabaluktot at walang kwenta na sagot. Kaya sa tono at sa paraan ng pag sagot mo eh mukhang me sayad ka este mali ka. Gets mo?
#5.1.2.2.1.1
kaliwete579
on
2010-06-22 03:28
(Reply)
OK....
You seems to know more about Land Issues, maybe you don't mind if I ask a question... Kung di natuloy ang bilihan dahil sa kung ano pa mang issue, saan mapupunta ang FEE na yon? Mababawi pa ba ng nagbigay ng pera o hinde na?
#5.1.2.2.1.1.1
Kaibigan
on
2010-06-22 13:44
(Reply)
Kaliwete579,
Eto inexplain ko na kay Ms. Lyn and please take note: If you are 100% sure to buy. Then with your initial payment, it will be reserved to the name of the potentil buyer. In other words, giving your reservation fee is an indication that you are definite to buy for it. If not, then no need to give the reservation fee else just like your query granting you changed your mind and for whatever reasons you have paid the downpayment already and later you have decided not to buy. Ok? Well with all the conditions prior to your decision and the descritions of the developer or realty management, your reservation fee will fall to the contingency fund. Remember when you inquire for the property, you will be guided to visit the place with their time, effort and transportation. The co. is paying for the agent/s. This is where the contingency fund with other expenditures where the charges stipulated. That is why, before you make a final transaction, you should think over and over again before you make an initial commitment. Remember the principle of the business.
#5.1.2.2.1.1.1.1
kaliwete579
on
2010-06-23 02:35
(Reply)
Pasensya na po....Di kasi uso ang Reservation Fee sa ibang lugar eh...
Nakalimutan ko kasing walang integity ang pinoy kaya kailangan mag bayad ang taong may "planong bumili"...mag paplano ka palang, mag babayad ka na... nag iinquire ka pa lang, may bayad na... sisilip ka lang sa property, may bayad na.... Saganang akin, gahaman ang taong nag pa uso neto... Ang alam ko kasing Principles of Business-Magbayad ka kung gusto mong maging iyo ang lupa.... Nakakatakot palang bumili ng lupa sa inyo...mag tatanong ka palang, mag babayad ka na....ganun pala ang business nyo?...
#5.1.2.2.1.1.1.1.1
Kaibigan
on
2010-06-23 14:09
(Reply)
Kaliwete579
Hindi talaga maipagkakaila na ang kitid ng utak mo. Una, ikinukumpara mo ang negosyo dito at kung sa ano mang lugar na tinutukoy mo. Napakabigat sa 'yo ang reservation fee. Di ka pala talaga marunong magbasa. Ano ba natapos mo? Hirap pumatol sa tao na mahina ang kukuti. Napakalinaw ng aking paliwanag na kung di ka man lang sigurado bat ka pa magbibigay ng downpayment or any fee. Gets mo? Principle of business? Di mo alam ata yan, kaya puede ba mag aral ka kung me sipag ka at lakas ng loob. Napakalaking kaliwete talaga utak mo. Di ko sinabi na magtatanong ka eh me bayad na? Sinabi ko ba yon. Sorry kung yon kababaw ang takbo ng pagkakaunawa mo. Kung ikaw si Lyn, at interesado ka kumuha ng property, magbabayad ka ba agad? Kung bobo ka oo, pero dahil siguro. Pero kung mag iisip ka muna at dahil ikaw ang lumapit sa isang realty business as a customer of course mag iisip ka ng 10 beses bago ka mag down ng reservation. Di ka naman siguro pipilitin magbigay agad. Di mo ba alam sa business, once you sign an agreement (kung binabasa mo eto) meaning to say you agreed all the terms and conditions. Ikaw nasa labas ka, nag sign ka ng contract/agreement sa isang co. it means napagkasunduan mo ang policy ng papasukan mo. Ang hinahina mo. Pag ikaw eh napapad at ganito agad ang mungkahi mo, baka hospital, mental o sementeryo aabutin mo. Tanga mo talaga kasi eh.
#5.1.2.2.1.1.1.1.1.1
Kaibigan
on
2010-06-23 16:30
(Reply)
Kaliwete579,
Pasensya ka na sa sumbat ko. Alam ko naman na walang taong bobo. Di lang ginagamit ng maayos ang pag iisip. Alam ko rin naman na matalino ka. Kaya gamitin mo lang eto sa maayos kasi maraming magagandang bagay ang puede mangyari. Kaya best wishes sa yo.
#5.1.2.2.1.1.1.1.1.2
kaliwete579
on
2010-06-24 01:46
(Reply)
kabaligtaran ang pangalan mo sa ugali mo, pards.... Sama ng tabas ng dila mo. Kahit pang kilawin, di pwedeng kainin...
Anyways, kagaya ng sinabi ko, for what ever reason, at di ka naka tuloy ng pag bayad, like nahold-up ka, or may sakunang nangyari, or for short, nadispalko mo ang wawart mo.... mauuwi na lang pala sa wala ang "reservation fee" mo.... makitid man ang pang unawa ko, pero ang dating sa akin nun, nagoyo ka!..... Sa iyo na lang yang reservation fee mo. Saksak mo sa baga mo!
#5.1.2.2.1.1.1.1.1.2.1
Kaibigan
on
2010-06-24 16:31
(Reply)
Alam mo Kaliwete579,
Nakakatawa ka. Para kang bata. hahaha Alam mo para bang napakalayo at parang nakakatanga ng paghahalimbawa mo, na hold up ka o nasunugan ka at kung ano ano pa hahaha Cge sabihin natin nangyari yon. Halimbawa ha me nangyari kay Lyn dahil si kaliwete579 ba eh nagnakaw kay Lyn at aatempt nya i rape pa sya pero bigo sya dahil bakla pala si Kaliwete579. Ngayon nawala na pera ni Lyn para ipagpatuloy ang pagbili ng ari arian. Ibig mo bang sabihin puede maging kondesyones yan para makuha mo uli ang Reservation Fee. Eto sa mahinahong explenasyon para sa yo, kaya ka nga nagbibigay ng fee dahil una sumang ayon ka sa agreement, hindi naman nakasaad na makukuho mo iyon kapag me nangyari masama sa yo. Cge nga hanapan mo ko sa ano mang business na merong ganung kundisyones. at i apply ko sa aking negosyo. hehehe Masakit kasi sa ulo mo yong reservation eh. Puede ba ikaw magtayo ng realty business at gumawa ka ng sarili mong kasunduan. Wag naman isaksak sa baga ko hehe sarap kaya ng kinilaw..uhmmm kaliwete579 talaga oo kahit ano na ang pinagsasabi hehehe Sorry to say but,I don't agree with
reservation fee if I plan to purchase property from the Philippines. Like I mentioned at first,here in US and other country's I'd been has a better deal about real estate.Phils. is my country but there's so many things that I didn't like.Most Pilipinos in here in US wish that the new president elect do some change for the country.
#5.1.2.2.1.1.1.2.1
Kaibigan
on
2010-06-23 16:13
(Reply)
Hi Lyn,
Yeah, it's your freedom to choose whatever plans you have regarding properties. Hopefully you will land to a better choice of your decision. I also agree that we would find hope and a better future for our country. More power. Hi there friend,
It's sound like you're one of the real estate broker from the Phils. You're definitely right it's my choice because I am the property buyer. And speaking of "freedom" that's what Pilipinos needs not like agree with everything even it's not ok.Everyone has to fight for rights "freedom" and that's where I'm at now free country. Administration over here in US ask for citizens approval and we could oppose if we want too (some). Don't you wish our country the Phils. is the same as over here? Well,wish you good luck whatever career you're in.
#5.1.2.2.1.1.1.2.1.1.1
Kaibigan
on
2010-06-23 19:31
(Reply)
Honestly speaking lyn,
I am not a real estate broker. I just shared my intellectual opinion concerning your query. Thank you for wishing the best for me and for our country. But remember this, buying either house or lot or both somehow a good decision the earliest. Because as I observe, the cost and value go up and so with the materials. That is why, if you have enough money buy, develop and invest. God bless us. To Mr.Colayco,
Why property buyer from the Philippines needs to pay reservation fee from the broker even you want to pay it cash on the first hand?I am talking about buying the property right away not trying to reserve it. I wish I get answer from this. Actually, even if buyer has the cash, buyer must check out the title, if all taxes paid, deed of sale etc. All will take time and seller will want earnest money to reserve the property. To CFE Team:
Lyn is a friend of mine and I understand that the property buyer needs to check the title,eg. & etc. for sure.I wonder if seller provide the appraisal for the buyer.And it's entirely different to purchase property from the Philippines, we know realtor needs to make money but, not until the property is sold. Well,I think that ain't right. Think about it...... Ma'am Lyn, SOP po ng ibang developer and reservation fee, pero kasama na po yan sa down payment po ninyo. Kung meron mo kayong tanong tulad ng sample computation, requirement to purchase a property, please email niyo nalang po sa elvin_elboy@yahoo.com
Thanks and regards I am an In-House Sales Officer at Century Properties Philippines. Reservation fee is needed to ensure and protect the property from other interested buyers. Also, to have sufficient time for proper documentations.
But in our Company, We don't ask for reservation fee just yet because its non-refundable. We have a simple process of putting the property temporary on hold under the buyer's name while while clarifications or negotiations is on-going. I purchased a lot with 120sq.m. in one of Avida's landproperty, i paid half of the selling price and half within 24 months and has completed the full payment last september 2009. The broker told me that the i will received the TCT after 6 months from the date of full payment. now, its around 9 months but still i didn't receive it! i received deed of absolute sale, my question is usually how much time the developer process the transfer of TCT to the property buyer
Avida Land is an Ayala Land company, which is reputable. Did you get your Deed of Sale directly from the company and are you sure these are genuine? The TCT transfer is also dependent on the Registrar of Deeds and not only Avida Land. You could also write Avida Land directly and not just depend on your broker to help you feel more secure.
Real Estate as a business to common worker and OFW doesn't make any sense. It still belong to the Oligarch, like the Ayala, Colaycos, Cojuanco, Sy, Tanjuatco, Arroyo, Aquinos etc.
Real Estate business is exclusive to the descendant of Chinese and Spanish. Don't waste their time in that business, let them waste their money in Casino and Lotto. I learned my lesson on this real estate. Overpriced lots and the development is very sluggish.
Ok I got it.It's not worth it to invest
anything from the Philippines. But,it's nice to know what's going on about investing from my own country. What a rip-off.I guess I am not going back there no more.Maybe only if; the new president fix everything and do what ever is suppose to be done. I mean he needs to change the past for better resources in the country and for all Pilipinos for good.Pilipinos really, really needs it. Rip-off talaga kung sa developer ka dadaan. Ang mga ahente, kung mag patubo, daig pa ang may ari ng lupain. One way na di ka mapapagastos more that you should, is direct buying. Ang tanging hassel lang, ay ang verification ng land. Kailangnang malinis ang estate bago ka sumugal. Siguraduhing walang sabit, clear ang title at walang maraming nag ke-claim. Magagawa mo yan sa City Hall, either land tax or city assesors office. Di gaanong mahirap. Pitikan mo lang ng pang mirienda para medyo mabawasan ang red tape. alam mo naman ang kalakaran sa City Hall.......Daig pa ang pulis sa ilalim ng tulay kahit naka baro ng maayos....
My friend Hope and I plan to purchase
for vacation home in our country the Philippines next year.Hope is a pro when it comes about investing money,she just sold one of the property she own here in States.She won't let anyone rip us off because she's smart when it comes with business management,that's her profession. That is good. Baguio could be a good area. Yung medyo malayo lang sa sentro, dahil di na rin gaanong maganda. Ingat lang sa pag drive. Medyo malalim ang bangin...
If beach ang trip ninyo, bandang visayas, maraming magagandang spot para gawing bakasyunan. The only place na medyo ok sa mindanao eh ang Davao. Maganda ang lugar ng buong mindanao, bukod sa malayo sa pollution, walang bagyo. Ang di maganda lang ay ang tao. Halo-halo ang masasamang tao dun. NPA, Muslim Extremist, Bandido at mga small time criminals. You don't want that either. My advice is that real estate in the Philippines especially in the province is not a good investment. Once you start paying for the land, there is not much you can do with it until the time you pay it off fully. The monthly payment for the cost of the land won't give you any return right away. Even if the land owner lets you use the land for business, (piggery, poultry, apartment rental etc. you still need a big capital to invest on it). My advice for Joyce is to invest the money on some other kind of business.
For me it's better to invest in the province. As what other says that there is no bad investment as long as you know what your are going to involve with. In my case I'm an OFW and i invested my money in Rubber plantation in Mindanao. And I will tell you that after five years my income in my farm is far better than my salary here abroad. I have 11 hectares of rubber plantation.
Will you please give me more information
about your business on rubber plantation As far as I know,rubber plants is a house plant over here in USA.As I recall rubber plant grow outdoor from the Phils am I right? well, in Philippines rubber is an outdoor crop. That's right it takes time before you can make a profit out of your capital. And it's totally wrong that Maguindanao as a whole is a war zone area. Only to those Muslim areas where the government forces and Muslim rebels are fighting. Remember not the entire maguindanao are muslim, there are some places there that consist of christian and lumads where the muslim is minority of the population.
Rubber is a permanent crop, unlike the seasonal crops that are prone to calamities such as typhoon. In Philippines we have more 20 typhoons every year. Rubber is a tree, so even there is a typhoon it can stand still because this tree grows as big as Narra tree. So nothing to be afraid. But if you have more than 50 hectares of rubber plantation, beware of the KIDNAPPERS. Permanent crops are better than cyclic. Matagal nga lang bago mag harvest. You have to have some other means of income while waiting for the harvest time.
Ang unang paka siguruhin mo ay ang safety ng lugar. Kailangang malayo sa infestation ng mga bandido at mga armadong land grabbers. Di biro ang investment sa lupa...time effort and money. Tapos pag tig bunga na, di mo pa mapasok, kasi pinasok na ng squatters or ng mga muslim(kung nasa mindanao ang lupa mo) na aangkinin ng lupain mo. Well,I am not planning to invest in
Mindanao anyway and speaking of that place too much violent for me..... Do you have any good information about rubber plants?Location and caretaker for business is not an issue for me,all I need is more good info. Thanks.
#10.1.2.1.1
kaliwete579
on
2010-06-23 02:15
(Reply)
I have a small farm at campostela vally(somewhere in davao). Rubber tree ang karamihang tanim. Parang mas hiyang ang rubber sa medyo malamig na lugar. Pag tag init, di gaanong nag bibigay katas. Pero dahil malamig sa lugar namin, di masyadong naapektuhan ang mga puno. Like any other tree, inaabonohan din namin. If you want more details pag dating sa procedure ng pag-aalaga at marketing, I can hook you up to someone who have experience in the field.
#10.1.2.1.2
kaliwete579
on
2010-06-23 02:25
(Reply)
Or maybe you can try this link www.bio.ilstu.edu/armstrong/syllabi/rubber/rubber.htm
Marami kang matutunan sa internet, especially sa pangkabuhayan.... Investment in any business, not only in real estate, is not good if you don't know what you are doing.
so be an educated investor. oks din mag-invest sa condo. but if you will compute yung ROI, medyo napakatagal.
ROI is needed if you will buy the condo as investment & will be Rented as a source of income & not as will be your own personal home. if you will make it as your own home. go for it. but if you will buy the condo because you are planning to rent to others for income. then the ROI will be too long & does not make a good investment. kaya kayong mahihirap at hampaslupang pinoy pag nagkapera kayo kahit kakapiranggot kumpara sa pera ko,invest ninyo sa lugar na madaling madevelop para biglang doble ang value ng lupa ninyo gaya ko biglang yamn ako ng madevelop ang makati.tenga nga punas muna ako ng alcohol baka magkagalis pa ako dahil sa site na itong mahihirap lang tao dito.
Ito na naman ang BASURANG comment. Kelan kaya itatapon to?
Hoy kung wala kayong magandang ma post dito mag tanim na lang kayo ng kamote sa likod ng bahay nyo at may pakinabang pa kayo. BUSIT KAYO...
Basahin nyo yong mga libro ni colayco marami kayong matutunan tungkol sa investment, at pano mag impok ng pera. sus hindi ko na kailangan basahin pa yang libro na yan sasayang lang ako ng panahon,ang problema ko nga kung papaaano ko gagastusin ang milyong milyon dolyar kong pera.
Huwag ka maniwala sa mga kwentong barbero ng mga matatanda. Sa probensya namin marami na sumubok mag hukay pero nabigo sila at nabaon pa sa utang. Ang kayamanan ay nasa ibabaw ng lupa, ang dapat lang nating gawin ay mag sipag at mag impok ng pera.
Brochures of realty development in the Philippines is also very important in investing. There are realty brochures in the Philippines that mislead investors.
I am Filipina married to a European man. We are victims of the false realty ad of A. Brown Xavier Estates, Cagayan de Oro City. The brochures mentioned a Manresa 18-Hole Old Weather Golf Course inside the Xavier Estates Development. It also mentioned the world famous master planner Nelson and Haworth. The Annual Report of A. Brown from 2004-2008 still mentioned Manresa Golf and Country Club. The current directorship of the owner in 2008 includes Manresa Golf. There are websites mentioned the Manresa Golf Course. Manresa Golf and Country Club is SEC Registered on 12/04/1996 - No. A199609470. The brochures were presented by agents of JCA Realty and Homefield Realty around August 1998 to 1999. There is only one 18 Hole Golf Course in CDO and A. BROWN invested in the golf course of Pueblo de Oro which is considered a competitor. Pueblo de Oro Golf Course was inaugurated on May 5, 1998 and the brochures were presented as early as August 1998. The only Manresa Golf is located in Spain. We did not invest in Spain but in Cagayan de Oro. This is a clear violation of false realty ad (PD 927) and this kind of act it is very shameful to foreign investors. Developers must take responsibility of every brochures. HLURB is a trusted government agency to file any complaint against the scam, fraud or any hoax. Property Buyer:
Be ware,In order to avoid misunderstanding some Real Estate advertisers do not sell property's (found out)instead many of unscrupulous pulishers just want our money and they trying to target foreigner like us.... So,be very careful in dealing big money when it comes with investment.... Here in States we can report fraud at: Department of Trade,Agriculture and Consumer Protection. From the Philippines I'm not sure yet but;I'll check that out for sure. It's also a good advise to see the property for yourself if you are interested buyer..... And tonight I got hold two of the broker from popular real estates from the Phils and found out the "reservation fee" is not refundable so watch out it's a huge money $$$$$$$$$$.Be smart....... Real estate from the philippines is so
complicated and wonder why some of the websites won't show full details about the property's. I asked someone I knew from the Phils. to check the property I'm interested in so that I can see it from the pictures or video but the broker hesitated and wants my personal identification first. For what I understand everyone or prospect buyer has rights to check a property for sale.And I consider that descrimination if seller won't allow it. I also wonder if real estates from the country has open house?Open house means everyone is welcome for tour at the property.So,do they also ask for ID. Realtors strategy's from the country need some updates if they want foreign investor.I am trying to recommend from my foreigner friends to invest from the Philippines to better my origin country's economy and besides that they are also learning about our laws and culture..... Comments 24 and 25 are nothing but trash from a damaged brain. Galit sa mundo kaya dito naghahasik ng dumi. Samantalang yung mga taong sanhi ng galit niya/nila ay tuloy pa rin ang buhay na parang walang nangyari. Kawawa ka naman!
Hoy trash, tingnan mo sa GMA online video nandun si FG Arroyo, pinagtatawanan ka lang....kahit anong galit mo sa kanila walang nangyari. Mamatay ka na sa stroke pero sila Arroyo buhay pa rin.
oo nga galit na galit siya kay gloria at kayo naman galit na galit sa kanya haha,sino ngayon ang mukhang tanga? di kayo! apektado kayo sa pinopost nia baka kayo ang maatake niyan.kawawa naman kayo,ksp na nga pinapansin pa ninyo haha.
Guys, ok lang magalit ka pero ilagay naman sa lugar. Hindi yung gagamit ka ng kabastusan kasi di naman siguro mga bastos ang mambabasa dito.
there are 3 things we have to remember when investing in real estate properties; 1.)location 2.)location 3.) builder
the ROI largely depends on those 3 factors. Be a Smart investor!  tama ka diyan kaya ako naghahanap ako ng manggahan na nakalutang sa dagat para doble kita may manggahan ka na pede mo pang gawing palaisdaan yung ilalim o di ba galing ko noh!
Thanks sa tip sir big help po lalo na ngayon usong uso ang condominium as real estate investment.
Most of the comments are not related into this article but merely Politikang Pinoy.
For me buying a real estate is not a good investment. I don't even consider it as an assets but a liabilities. We need to maintain the house and it will cost. Real estate is not a instant money generating business. I guess it can be a good business if you will put up buildings and earn money from rentals. Sana po huwag nang mag-aksaya ang ating mga kababayan sa mga walang silbing komento na nagpapagalit lamang ng mga mambabasa. Instead, let us help educate one another for our common upliftment. Wala naman tayong mapapalang mabuti by putting other people down. Let us encourage more people to save and use their savings for business or investment. Any such investment or business that produces real good or service that addresses a need is a good decision. It may not make you rich right away, but it will lead you little by little to the improvement of your life.
Hi there. Mahirap talaga business pag sa real estate, dapat may kasama kang expert.
Is there any moderator on this forum?
sana meron... ang ganda sana ng topic at marami tayong makukuhang kaalaman, subalit marami p rin mga taong walang pakialam. sana ang discussion is based on topic lang para makakuha ng magagandang information. moderator please ban or delete unnecessary comments. I own scattered lots from different subdivisions. Some three years ago I bought four lots from Adelina Realty Corporation of the Campos Family. Transaction in this company is very smooth and professional until the release of lot titles. Sana kung ganito lahat ng realty corporation sa Pilipinas walang magiging problema ang mga buyers.
I rather buy property from private owner
and hire a lawyer of my own than paying reservation fee. Here in States,realtors only makes money when they sold the property...... Reservation fee is a no,no in USA..... Just want the Pilippines real estates to know. Hello Web Citizens,
May I remind you that in investing there is a chance to suceed or fail. Suceeding in investing is not easy by just dumping your hard earned cash. You have to do a hard research and ask all the right and bold questions. In finance and investing, there 2 thing you should know, Asset and Liability. A simple explanation is: Asset earns you positive income and liability is taking away your income. Example: Money is an asset and you home is you liability. If you don't outright owned your home, then you pay monthly mortgage, annual tax, and maintenance. You have to make sure that you have a positive income or close to it when investing on real state. Thank You. ay naku di na uso ang bili ng lupa landgrabbing ang ginagawa ko may contact ako sa nha alam ko yung mga lupa na pede ihokus pokus lalagyan bibigyan ko lang ng panmeryenda ang empleado ng N.H.A aus na ilang araw lang naka award na sa akin yung lupa.nagkakalupa ako sa konting halaga hehehe tapos pag may titulo na bebenta ko ng malaking halaga,at marami akong lupa konti lang ginastos ko pero napasa akin yung lupa hehehe alam mo utakan lang yan yang mga real state broker na manloloko di sila makakisa sa akin hehehe ilang taon na lang milyonaryo na ako sa dami ng lupa kong nakuha sa mababang halaga na may mataas na value,kaya kayo kung gusto ninyo mag invest kaibiganin ninyo ang mga empeado ng N.H.A at sila ang katulong ninyo sa land grabbing hehehehe.
The best sa real estate ay bumili ka ng lupa kahit 1 hectare lang malapit sa residential area. Tapos, i-subdivide mo sa ilang lote. Gawa ka ng un-pave road. Ipa-titulo mo yung mga lote. Tapos, ibenta mo sa mas mataas na presyo. Informal subdivision, tawag nila diyan. Pag nagawa mo ito, yayaman ka sa real estate. Huwag ka bumili ng lote at condominium na di mo naman gagawing pagkakakitaan ng malaki. Liability lang yan at hindi asset. Best advice ko ito sa may pera na gustong mag-invest sa real estate. Buy land and improve it, better gawing subdivision. Start muna as informal para walang hassle sa govt regulation.
hi to all,
gusto ko lang magbigay ng insights about other comments, @lyn, i think hindi naman kurapsyon or something ang tawag dun, it's just that, yun yung tinatawag na service charge narin para sa broker na mediator sa bibilhan mo ng lupa. para naman sa lahat, i think real estate business is not a good investment, gaya nga ng sabi ni colayco, hindi mo magagamit yan kapag kailangan mo na ng pera. kasi sa kabilang banda, kung biglang may mangyari sa sayo or sa family mo, hindi mo naman agad agad maibebenta ang lupa para lang mabayaran ang expenses mo. isa pa, if you want to be on real estate business, dapat talaga home builder ka or corporate, meaning, malalaking lupain ang binibili mo then ginagawa mong subdivision to make it worthy talaga na negosyo, kasi kung lupain lang tapos wala ka pang plano basta gusto mo lang bilhin, im sure masasayang lang yung investment or pera na pinapadala ng OFW na pinaghihirapan sa ibang bansa. ang nakakalungkot pa dito, kung biglang mamatay ang owner ng lupa, panu kung yung pamilyang iniwan is walang pera? masakit yun kasi bago malipat ang pangalan sa nainawan, kailangan nyang magbayad muna ng ESTATE TAX sa government to claim it otherwise mare-remata at mapupunta na sa gobyerno ang lupain. i would suggest, if you want to have a real and good investment that make your money worth talaga na lumalaban sa inflation rates and taxes (which is kalaban talaga natin sa araw-araw), i am willing to lend you my time. just add me at ym iecollanto@yahoo.com for your inquiry/concerns. tnx. What's really the deal about this
reservation fee? Kong ang buyer pala ay magbabayad ng reservation fee sa gustong bilihin na property,hindi na ba pwedeng matingnan ng ibang buyer yon? Yaan ang ayaw ko sa mga broker na nakausap ko na tuwing nagbabalik bayan kaming mag-asawa sa Pilipinas. Nagtatanong lang kami kong pwedeng makita ang mga available na property's ang ipinipilit ka agad ay magbayad daw ng reservation fee. Well in my opinion,hindi tama yon...... At kong Ok lang ito sa mga broker dyan sa Pilipinas ay gusto kong ipaalam sa inyo na ganito ang patakaran ng lahat na real estates dito sa USA. Kong balak mong bumili ng property dito you need to request for a "house or property showing"from the realtor,at broker naman ang tawag dyan sa Phils. Kong property buyer ka dito lahat ng real estates ay pwede mong matingnan at hindi ka nila sisingilin upang magbayad ng reservation fee.Location ang number one na hinahanap ng mga buyer,yoong malapit sa lahat tulad ng grocery store,hospital,& good neighborhood & etc And some are looking at the country side but other buyer prepared the town or city location.Sasamahan ka ng realtor kapag nag-request ka ng house showing or pwede rin na mag-meet sa property location na request ng buyer.At kong nagustuhan ng buyer,buyer can make an offer for the price they can afford then the realtor will make anothe appointment to discuss everything the situation. If the realtor and buyer don't make an agreement then the buyer can request for another showing untill they're satisfy or find property they are looking for. Or the buyer could find another real estate,it's the buyer choice not the realtor and you won't get charge for a fee.Only if buyer purchased the property and reach with closing cost then the realtor get paid with commission. I tell you what mga kababayan dyan sa Phils.halos lahat ng dapat gawin ng mga Pilipino o dayuhan dyan ay palagi na lang pera ang nangunguna at mahilig sa lagay hindi ba "corrupt" ang tawag dyan? Ito lang ang huli kong masasabi at ng iba pang mga Pilipino dito sa USA dapat ay talagang ayusin ng bagong elect president na si Noynoy Aquino ang lahat ng mga patakaran dyan sa bansa nating Pilipinas.Tapusin na yang lahat na "corrupt at poverty"kawawa naman yoong mga naghihirap na mga kababayan natin lalot-lalo na ang mga OFW's na nagpapa- kahirap sa ibang bansa upang buhayin lang ang kanilang mga family. Ipagpaumanhin na lang po ninyo ito kong wala man ito sa topic but, reservation fee is another corruption for me...... pansin ko lang sa mga posts mo, though sometimes sensical naman, you always pattern everything from US and setting it as your standard. Yeah your from US, most us here knew that. US is US, and Philippines is Philippines. Can you come up with a more logical one without bragging too much from your westernized mind? Let there be "hope" countrymen.
There you go again....Nag ko-compare lang ang tao, pag yayabang na agad ang sasabihin mo. Kung walang pag kukumparahan, ang iisipin mo, tama lahat ang batas ng pinas....dahil wala kang choice eh....
Kahit gumawa ng batas na dapat kainin mo ang sarili mong tae, dahil iyon lang ang batas na alam mo, kakainin mo rin ang sarili mong tae.... Tama ang points ni hope...hindi dahil sa taga US sya...tama sya dahil hindi naman talaga kailangan ng reservation fee eh... corruption at its fine form. Pino man, pero kalokohan pa rin. Only in the philippines recognize ang mga ganitong klaseng nonsence na bayarin. magugulat ka pa sa actual process....uutot ka lang, may fee agad. Affordable naman pero, ganun pa man, masakit sa kalooban na harap-harapan ang corruption.....na legal ang dating. Di pa kasali ang pang mirienda. At makakalbo ka sa red tape! sino naman ang nagsabi sayong allowed ng gobyerno ang killing sa matatanda sa amerika?mag research ka nga kung ano pagkakaiba ng welfare at paying insurance on your own pocket?OSPITAL ANG ANG GUMAGAWA HINDI PO ANG GOBYERNO! ANG MATATANDANG NAG WEWELFARE AT PABALIK BALIK SA OSPITAL AY PABIGAT SA NEGOSYO NG OSPITAL DAHIL LIMIT LANG ANG SASAGUTIN NG GOBYERNO!YUNG EXCESS SERVICES NILA LIBRE NA PO!BAKA HINDI MO ALAM NA MALAKING NEGOSYO SA AMERIKA ANG MEDICAL INSURANCE!SA TINGIN KO HINDI MO ALAM NA MALAKING BALAKID SA OSPITAL AT INSURANCE COMPANY ANG MGA MATATANDANG NAG WEWELFARE.
Ang pag kakaintindi ko ng "service Charge" yon ay ang processing fee.... Iba pa ang reservation fee, igan.
To lyn: Mag ingat.....maraming modus operandi ngayon.... Don't be a victim.... sana nga maging maayos yung mga comments...sayang ganda ng topic kung hahaluan ng kalokohan ng mga walang magawa ng tao o demonyo!
Reservation Fee!!?? Hmmm, so if I am a real estate broker/agent, every single potential buyer who wants to look at the property will give me a reservation fee? Wow, ang dami kung kinita kaagad!
If I am a buyer and want to see multiple properties, will I pay reservation fee for each one of them? It probably discourage me to look anymore or maybe I'll just do it myself without any R/E agent. If I found what I want I'll do the proposal myself. Who will argue with me since I am the buyer and they want to liquidate their property? He who have the money controls the situation and cash is king! let support barack obama health care reform para matapos ang pagiging berdugo ng mga ospital at doktor sa mga pasyenteng nag we welfare lang at walang pambayad ng insurance,dapt din ding ibaba ang charge sa mga ospital.masakit tanggapin pero iyan madilim na lihim ng mga ospital sa amerika,pag matanda kana at welfare ka lang di na papatagalin ng doktor ang buhay mo,lalagyan ka ng mga gamot para mapadali ang kamatayan mo dahil ayaw nilang gumastos ng sobra sa masisinigil lang nila sa gobyerno.MGA KABAYANG NAS AMERIKA SUPORTAHAN PO NATIN ANG OBAMA HEALTH CARE REFORM!!!
e ano naman ang kinalaman ng Health Reform ng USA sa usapan d2 na Real Estate?
e ano naman ang pakialam mo kung i post ko wala sa topic masama ba?gunggung ka pala eh masama bang bang maglagay ng annoucement sa blog!? gago mo!
Gunggung? Sino sa atin ang stupido? Ako na nagsasalita tungkol sa R/E topic o ikaw na Healthcare reform ng ibang bansa? Kung baga sa usapan, bigla ka na lang sasabay ng wala sa ayos. May topak ka ba? Si Topak Shakur ka ba?
#36.1.1.1.1
Anonymous
on
2010-06-25 02:55
(Reply)
well pareng tanga freedom of speech po ang blogs pwede kang magpost ng public announcement,ngayon kung gusto mo walang ganyan gumawa ka ng blogsite na sarili mo para madelete mo ang mga bagay na ayaw mong marinig ok wag kang tanga! isa pa hindi ikaw an may ari ng blogsite para diktahan ang mga taong gustong sabihin ang gusto nila.
#36.1.1.1.1.1
Toto
on
2010-06-25 05:39
(Reply)
Kung di ka naman taong walang sintido-Komon, ang post mo d2 ay walang halaga sa amin. Freedom of Speech ika mo? May limit ang freedom of speech kung basahin mo ang constitution ng USA. Pero dahil isa kang hangal, at makitid ang pagiisip, d mo maunawaan ito. Nakapagtataka, paano ka nakarating sa USA? Ah... maybe TNT, o dahil sa asawa mo o nanay na nagpetition. Kung mag US citizen ka, bagsak dahil ala kang alam sa US constitution, maybe sa constipation pwede pa. O yan nasabi ko na ang freedom of speech ko.
Mabigat yang allegations mo, pre ah. May supporting facts and evidence ka ba?
What I do know is, konteng bukol lang sa pasyente, pag di ma justify ng homecare, nag babayad ng malaki ang mga facilities dahil sa demanda. So far, ang experience ko, we were properly being taken care for....... Tutuo na mabigat pag walang insurance, mahihirapan ka. Pero ang allegation mo na pinapatay ang mga walang insurance ng mga doktor, kwentong kutsero lang ang mga ito. well, anyways, sabi ko nga, insights lang naman yun. it may be right or wrong.
pero best thing to do talaga having a business is protect yourself first before any other businesses in mind(like insurance or anything that can be liquidate), kasi if something happens to you, the purpose of having a business to support your family will be gone in an instant. if you want to know more about having a good investment and business try to search for this, "WFMA - World Financial Marketing Alliance", we give free talk on "Financial Literacy". peace! Reply to #44.11 &48,
Well I am not trying to turndown ang mga kababayan kong mga Filipino o ang sarili kong bansa kong yan man ang nasa isip ninyo. Sa totoo lang ganyan din dati ang ugali ko noong hindi pa ako nakatira dito sa America at hindi pa malawak ang mga pang-unawa ko. Ang ipinagtataka ko lang ay kong bakit hindi ninyo matanggap ang mga totoong nangyayari sa sarili nating bansa. Alam yan nating lahat at hindi pwedeng ipagkaila sa mga marunong makaintindi. Siguro nababasa rin ninyo ang article sa "Mga Kapuso"tungkol sa mga OFW's at ganoon na rin kong bakit sila gumawa ng paraan upang mahango ang kahirapan ng mga mahal nila sa buhay.Gayon na rin sa pagbabalik bayan ko paminsan-minsan dahil nakikita ko ng personal at naririnig ang paghihirap ng karamihang mga kababayan natin.Naawa ako sa mga nababalitaan ko kapag nandyan kami ng family ko. Ang hirap sa ibang Pilipino,they cannot admit the reality of life sa halip ay nagmamayabang pa.Siguro naman hindi masamang magsabi ng tototo kong talagang naghihirap ang buhay ng isang tao. At tungkol naman dito sa America mali ang mga sinasabi ni #48.Why don't you come to USA to see it for yourself and find the reality?I been a residence here for so long and your story is not acceptable.US administration do not legalize killing old patient from the nursing home..... Get real please..........By the way you has the chance to ask the ambassador sent by President Obama in our country if you doesn't believe me. to hope,
uy good yang ginagawa mo which is opening people's eyes on the reality. friendly advise, if you earn a lot in there, try to save a lot for your family's future. thanks. Yeah,just trying to wake up our
kababayan's but some of them misunderstand what it means.I do care for all Filipinos and the Philippines country and hope they believe me,if not it's up with them....... Anyway,my family and relatives are back here in States but some in Canada. Have a great day and take it easy...... @Hope,
Hwag mo ng pansinin si Anomalya(Anonymous) re: Old Age na pinapatay daw sa US. Baka isa sya sa verdugo na pumapatay sa mga matatanda doon kung totoo man yon. diyan mo makikita na ang mga pinoy bobo
hindi nila alam ang pagkakaiba ng welfare na insurance compare sa nagbabayad ka ng insurance sa sarili mong bulsa galing.well ito lang ang masasabi ko limited lang ang bayad ng gobyerno ng us sa medical insurance at ang sobra gastos ng ospital shoulder na ng ospital yun,kaya alam na ninyo kung ano ang gagawin ng ospital para maiwasan ang sobrang gastos lalo na kung matanda kana at pabalibalik ka sa ospital.in short pabigat kana sa negosyo nila dahil wala na silang masisingil pa sa gobyerno gaano man katagal or karami ang serbisyo.marami ng kaso ng ganyan sa amerika overdose at yan ngayon ang gustong ausin ni obama medical malpractice na ginagawa ng ospital.mahirap talagang pansinin lalo na kung wala kang alam hehehe dahil hindi ka makarelate.
#39.1.1.1.1
Toto
on
2010-06-25 05:44
(Reply)
Sana, este hwag naman sana na mawalang ka ng work dyan at mawala ang mga benefits mo at magkaroon ng ng malubhang sakit, at mapunta ka sa ospital na ang attitude ay pabigat ka lang sa gobyerno. Baka totoo nga yon.
 Napansin ko nga Sluggish ang development at Overprice ang mga lote karaniwan sa problema ng namimili ng property. samahan pa ng reservation fee, sakit sa ulo. Mafufrustrate ka lang. Its like their selling it for foreigners, OFW, and the rich only.
Kabayan,
Sluggish nga ngayon dahil sa problema ng ekonomya ng buong mundo. Medyo mahirap magbitaw ng pera. Ang focus ng mga R/E brokers/developers ng prime real estate ay mga OFW/Balik Bayan. Yon mga ex-patriots na malapit ng mag retire na balak umuwi sa Pinas dahil marami silang mga ipon. Syempre naiipit ang mga locals sa atin dahil tumataas ng halaga ng Real Estate properties. Pero that's capitalism, you want to make profit. Sa akin, be frugal and keep that hard earned savings close to you and open your ears sa mga Real Estate bargains. Look for owners that are in dire need and want to liquidate their property. Marami dyan, be patient. Kung investment lang naman ang hanap nyo,better purchase a piece of land far from the developed areas.pumili lang kayo duon sa mga may potential na lugar for developement.yun bang in a year or two ay aabutin na ng developement.sa probinsya.mura lang ang lupa pero pag inabot na ng developement.ang mabibili mo sa probinsya na kasinghalaga ng sa mga syudad ay mas malaking di hamak.but in time,that land of yours can be a subdivision.pahinugin mo lang.
Ang ibang mga comments dito ay magugulo
mali naman ang mga haka-haka tungkol sa ibang bansa at bago kayo mag-blogs dito ay siguraduhin muna ninyo kong ano ang inyong kaalaman.Nandito pa lang kayo sa atin wala kayong magandang magawa.May mga ambisyon sila sa buhay at ayaw umasa sa wala.Mangibang bansa din kayo at gaganda pa ang pamumuhay ninyo kaya lang walang panahon ang ibang bansa sa mga taong mahilg sa dakdak.Kailangan trabaho trabaho,trabaho. Hi Sir.
I would like to ask. Since you said it's important to choose a good mutual fund, can you please put categories on how to judge a mutual fund? And how do I make sense of the numbers they are putting out there? Thank you. mutual fund can have 2 effects:
1. good - if you do it the right way what do i mean? there is no worry putting up your money on a mutual fund on whoever companies offering it as long as you do it with these 3 criterias: A. Discipline B. Time Bounded (Long-Term) C. Consistently 2. bad - if you do it the wrong way what do i mean? if you put your money on a one time big savings, by that, you put your money on a non-strategical way of maximizing its potential to grow faster. Note: Kindly search for Dollar-Cost Averaging to know more about good investments and mutual funds. Reminder: Nobody can tell what will happen tomorrow and when asked about when is the right time to invest? Answer: "TODAY". tnx. Mas mabuti pa kung real estate nalang ang bilhin dahil tumataas ang appraised value habang tumatagal
Yung mga nag Dollar-time-deposit nuon 55 pa ang palitan kahit kumita ng interest katagalan bumaba naman sa 46 ang dollar then sabay pa sa inflation tumaas ang bilihin tsk talo talaga Bayani kami ituring dahil tagasalo sa lugi ng gobyerno Malinis na lider naman ang dapat para ganahan kami mag pursigi para sa pamilya at bansa hindi talaga advisable ang dollar-time deposit if you want your money to grow.
ok naman ang real estate business kaso ang problema, if something happens and you need the money badly, hindi naman agad-agad maibebenta ang lupain sa oras ng pangangailangan mo. what you need is a good investment na higher rate or return than the inflation rate and tax free wherein kapag bigla kang nangailangan pwede mong hugutin anytime at hindi naman natin alam kung hanggang kailan tayo mabubuhay, kaya mas magandang yung investment mo ay pwede mo din ipasa as yaman para sa pamilya mo. kasi kaya naman tayo nagpapakahirap magtrabaho ay para sa family natin eh, kaya ang best thing to do is protect kung anu yung pino-provide mo na income sa kanila (income replacement). hindi ba mas maganda yung ganun? |
Latest Posts
Wednesday, June 16. 2010» REAL ESTATE AS A BUSINESS?Calendar
CategoriesSyndicate This Blog |
|||||||||||||||||||||||||||||||||||||||||||||||||
