resident_big_evil Posted March 24, 2009 Share Posted March 24, 2009 (edited) to anyone here well versed in the subject at hand, can i meet with one of you to teach me the basics of investing in real estate? Edited March 24, 2009 by resident_big_evil Quote Link to comment
don_miguel_arkanghel Posted March 24, 2009 Share Posted March 24, 2009 dude i can answer your question on the basics of investing in real estate two things i can advise and yes they both involve foreclosed properties.1. If you dont have that much capital, i would advice you to purchase a LOT ONLY property. 2. On the other hand, if you have a lot to put into venture, might as well get a House and Lot unit then renovate it. Why LOT ONLY if i dont have much capital?Lot does not depreciate, the house does. If you cant dispose the house and lot with minimal capital, chances are you will end up losing some money. Another reason is, you will need extra money to renovate the house and lot so you will be able to make it more marketable. LOT ONLY doesnt need any renovation because its form or physical appearance doesnt affect the total contract price. Let me give a disclaimer. Im not an expert with regards to this subject matter but im pretty confident that i know the basic mechanics of the business. My mom is in real estate since 1986. Now she is a Real Estate broker. I can rate myself as a mediocre property consultant. Not the best but certainly understands what he is talking about. If anyone disagrees with what I just said, feel free to comment on this matter. Who knows I might pick another valuable thing in this trade. THIS IS JUST ME TALKING OK! :thumbsupsmiley: Quote Link to comment
don_miguel_arkanghel Posted March 26, 2009 Share Posted March 26, 2009 One of the projects we are focusing on. MANILA EAST LAKEVIEW FARM Manila East Lakeview Farms offers the best of the countryside with all the necessary amenities and facilities of urban village This farm community is located on the gently verdant hills of Morong. It overlooks calm Laguna de Bay and provides a view of the Sierra Madre mountains. PM me for inquiries. Quote Link to comment
don_miguel_arkanghel Posted March 26, 2009 Share Posted March 26, 2009 EASTBOROUGH PLACE ANGONO For as slow as P7,999.99 a month Quote Link to comment
don_miguel_arkanghel Posted March 27, 2009 Share Posted March 27, 2009 CHRISTINE ROYALE executive village A rare AFFORDABLE HOUSING package in an upscale subdivision development that comes with the pleasures and comforts of leisures and sports amenities. Development Features and Amenities: - Concrete roads, sidewalks, curbs and gutters- Underground drainage system- Centralized water system(Manila Water)- Meralco power supply/distribution- Perimeter fence/wall- Landscaped and entrance gate with guardhouse- Landscaped clubhouse with swimming pool- Basketball, tennis and badminton courts- Landscaped open spaces & jogging trail- Trees and streetlight along walkways- 24/7 security at village gate and roving guard Quote Link to comment
don_miguel_arkanghel Posted March 27, 2009 Share Posted March 27, 2009 For those earning 16 to 20k eto ang para sa inyo SUN FLOWER HOMES Take the advantage of the affordable and elegant home living 11.7 hectares of affordable housing.Concrete roads, curbs, and gutters(10m wide main road and 8m wide secondary roads)15,745sq.m. Allocated space for Nature trails, Picnic Grove and Open Space.Lot sizes at 70 sqm upCentralized water distribution systemShuttle Service Quote Link to comment
don_miguel_arkanghel Posted March 27, 2009 Share Posted March 27, 2009 Here is another good project. Really is a perfect place for your second home. malapit sa mga resort, casino, golf course, mall, sports center and an hour away from ortigas, cubao and makati Quote Link to comment
don_miguel_arkanghel Posted March 27, 2009 Share Posted March 27, 2009 (edited) Eto para sa mga gus2 ng tagaytay at para sa ang monthly net salary ay 80k pataas Edited March 27, 2009 by don_miguel_arkanghel Quote Link to comment
don_miguel_arkanghel Posted March 28, 2009 Share Posted March 28, 2009 for middle class wage earners. yun salary 30k to 40k net monthly, you cn try this. Quote Link to comment
misterbig7 Posted March 28, 2009 Author Share Posted March 28, 2009 Hi, I'm a licensed Real Estate Broker and the starter of this thread, we can meet anytime at or near Makati to discuss real estate investing if you want. Thanks, Gerry to anyone here well versed in the subject at hand, can i meet with one of you to teach me the basics of investing in real estate? Quote Link to comment
bubutako Posted June 21, 2009 Share Posted June 21, 2009 I'm a Real Estate Broker too but I'm really having a hard time finding real estate agents. I even offer 4% commission and they don't bite Quote Link to comment
jestch Posted June 23, 2009 Share Posted June 23, 2009 One of the projects we are focusing on. MANILA EAST LAKEVIEW FARM Manila East Lakeview Farms offers the best of the countryside with all the necessary amenities and facilities of urban village This farm community is located on the gently verdant hills of Morong. It overlooks calm Laguna de Bay and provides a view of the Sierra Madre mountains. PM me for inquiries. Boss, can you send me details of this farm...thanks Quote Link to comment
ayatolah Posted August 11, 2009 Share Posted August 11, 2009 For Makati CBD Condominium projects PM nyo na lang po ako baka me maibigay ako sa inyong good projects hi-end or average projects po tnx Quote Link to comment
Bad_Wolf Posted September 23, 2009 Share Posted September 23, 2009 Hello everybody! I am a licensed real estate broker too with concentration on properties located in Bacolod, Iloilo & Cebu. I am also involved in internet marketing and consulting for other realty companies/brokerage houses. Hope you can help me out with this 5-question survey on Real Estate Brokers & Agents who do their marketing/selling over the internet. The answers you will give will help us come up with new widgets & applications that would enhance your selling/marketing efforts. Alam ko hindi biro magbenta even in the internet. Maraming ahente at broker nasa cyberspace. Basically I want to find out what tools that can be useful to make you stand out among the clutter. For this survey, it's about video and how we can use it to promote our properties & generate leads efficiently. Hopefully you can help me. Here's the survey link (just 5 questions lang) http://www.surveymonkey.com/s.aspx?sm=EZyl...4gBwwrEuQ_3d_3d Quote Link to comment
hitomi Posted September 27, 2009 Share Posted September 27, 2009 hi real estate experts! maybe someone could give his/her analysis on how the recent typhoon (Ondoy) will affectthe local mortgage market. I'm afraid pasig/cainta/marikina/qc land values will plummet. Quote Link to comment
burnik20 Posted September 27, 2009 Share Posted September 27, 2009 hi real estate experts! maybe someone could give his/her analysis on how the recent typhoon (Ondoy) will affectthe local mortgage market. I'm afraid pasig/cainta/marikina/qc land values will plummet. i am not an expert but i just want to share my input on this. you need not worry. i don't think the value of land on the areas mentioned will suffer as a consequence of typhoon ondoy. we haven't experienced the kind of rainfall that ondoy brought in decades, and this is just force majeure, or an isolated act of God. it is not a regular occurence in these areas. and this could have happened anywhere in the philippines, or outside of it, if the same volume of water poured from above. Quote Link to comment
Bad_Wolf Posted October 7, 2009 Share Posted October 7, 2009 As for land values, it may be a temporary thing...but as usual, people will still need space to live and work. However, here's my fearless forecast: There will be a mad rush for RFO Condo units. Preferably those located 3rd floor and above :thumbsupsmiley: So if you have listings, maybe this is the time to bring them out. hi real estate experts! maybe someone could give his/her analysis on how the recent typhoon (Ondoy) will affectthe local mortgage market. I'm afraid pasig/cainta/marikina/qc land values will plummet. Quote Link to comment
Bad_Wolf Posted October 7, 2009 Share Posted October 7, 2009 I suggest you recruit few but dedicated agents. Also, try to recruit or affiliate with other brokers outside the country with large pinoy populations. I'm a Real Estate Broker too but I'm really having a hard time finding real estate agents. I even offer 4% commission and they don't bite Quote Link to comment
-----'-(-@ Posted October 10, 2009 Share Posted October 10, 2009 are condominiums good investments? can one make money in a few years by buying at pre-construction prices? what developers are sure money makers? just stay away from Pacific Concord, the penthouse unit I bought at Lancaster is full of defects, shoddy construction, below par quality :thumbsdownsmiley: Quote Link to comment
showboat Posted November 25, 2009 Share Posted November 25, 2009 To all brokers here, I am on my 3rd year of paying for a high end condo (studio) in metro manila. In case gusto ko ibenta how do I go about this? (pre selling price ko pa nakuha) Simple studio unit lang naman but is in a good location beside major roads, a golf course, hotel and casino. PM me Quote Link to comment
TheSmilingBandit Posted November 25, 2009 Share Posted November 25, 2009 just stay away from Pacific Concord, the penthouse unit I bought at Lancaster is full of defects, shoddy construction, below par quality :thumbsdownsmiley:Most developers are trying to save money, what with the glut on the market, so expect shoddy construction almost everywhere. To all brokers here, I am on my 3rd year of paying for a high end condo (studio) in metro manila. In case gusto ko ibenta how do I go about this? (pre selling price ko pa nakuha) Simple studio unit lang naman but is in a good location beside major roads, a golf course, hotel and casino. PM meThere is a glut in the condo market now, too many people believed in the condo scam of purchasing units at preselling prices, now many of those condo's remain unfinished. Quote Link to comment
teban Posted December 15, 2009 Share Posted December 15, 2009 mga master question lang po about pagibig fund loaning. What if we have a building which needs repairs, but it is not under my name thus named under my mom kaso retired na sya and wala syang pagibig. I am thinking of loaning using my account and pay the amount in 5 years or so. Is this possible? Second question is, merong mga MRI di ba wherein the loaner needs to have the insurance amount for the loan just in case something happens to him or her. Whereas sa mga insurance policies meron mga accidental rider benefits na doble ang insurance di ba? Which is the one followed by the MRIrequirements, base insurance or accidental? Thanks po! Quote Link to comment
wizard23 Posted December 15, 2009 Share Posted December 15, 2009 Most developers are trying to save money, what with the glut on the market, so expect shoddy construction almost everywhere. There is a glut in the condo market now, too many people believed in the condo scam of purchasing units at preselling prices, now many of those condo's remain unfinished. i believe you are making a sweeping statement. for one, at least your statement doesn't hold true for ayala land. Ayala Land condo projects are literally sold out completely even in the preselling stage and i just attended a broker's project briefing yesterday and they are coming up with a new one, Park Terraces (located at Glorietta). acceptance among ayala land clients upon turnover of the units are 100% meaning, all clients are happy and satisfied because the units are turned over in good condition - finished and semi-furnished. (i'm referring to the Serendra condominium projects located near market market, global city) so you can expect the same in their newest condo project. Quote Link to comment
-----'-(-@ Posted December 15, 2009 Share Posted December 15, 2009 i believe you are making a sweeping statement. for one, at least your statement doesn't hold true for ayala land. Ayala Land condo projects are literally sold out completely even in the preselling stage and i just attended a broker's project briefing yesterday and they are coming up with a new one, Park Terraces (located at Glorietta). acceptance among ayala land clients upon turnover of the units are 100% meaning, all clients are happy and satisfied because the units are turned over in good condition - finished and semi-furnished. (i'm referring to the Serendra condominium projects located near market market, global city) so you can expect the same in their newest condo project. I believe the gentleman said "most" not all... but definitely Pacific Concord's first development (Lancaster Hotel formerly Lancaster Suites) is a money pit. Do yourself a favor and stay away from thier future projects, I know what I'm saying, I lost over a million. Quote Link to comment
TheSmilingBandit Posted December 16, 2009 Share Posted December 16, 2009 mga master question lang po about pagibig fund loaning. What if we have a building which needs repairs, but it is not under my name thus named under my mom kaso retired na sya and wala syang pagibig. I am thinking of loaning using my account and pay the amount in 5 years or so. Is this possible? Second question is, merong mga MRI di ba wherein the loaner needs to have the insurance amount for the loan just in case something happens to him or her. Whereas sa mga insurance policies meron mga accidental rider benefits na doble ang insurance di ba? Which is the one followed by the MRIrequirements, base insurance or accidental? Thanks po!Pag-IBIG will only loan monies to help you buy or build a home that will be under your name. The MRI requirements is based on your actual insurance policy without the riders. i believe you are making a sweeping statement. for one, at least your statement doesn't hold true for ayala land. Ayala Land condo projects are literally sold out completely even in the preselling stage and i just attended a broker's project briefing yesterday and they are coming up with a new one, Park Terraces (located at Glorietta). acceptance among ayala land clients upon turnover of the units are 100% meaning, all clients are happy and satisfied because the units are turned over in good condition - finished and semi-furnished. (i'm referring to the Serendra condominium projects located near market market, global city) so you can expect the same in their newest condo project.It is a general statement, and like most general statements, there are exceptions to the rule. Also, remember that there are a lot of people that are buying "blocks" of units that they aren't going to occupy but for resale instead, speculating that the property values will rise. Some companies, such as Ayala and Rockwell have a very good aftermarket reputation, but most do not, it is common to find large cracks in the walls merely 2 or 3 years in. Furthermore, the majority of the condo builders try to scrimp as much as possible in their costs, after all building condominiums is a business for them where they try to maximize their profits. I believe the gentleman said "most" not all... but definitely Pacific Concord's first development (Lancaster Hotel formerly Lancaster Suites) is a money pit. Do yourself a favor and stay away from thier future projects, I know what I'm saying, I lost over a million.If you think Lancaster is bad, check out some other places, the worst for me is the Citystate constructions, tiny cell-like units at that prices is unbelievable. Quote Link to comment
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