Real Estate Investing 101

[Moonwalker]

^^ in my opinion, ok lang kahit ganun basta ang importante yung cash flow. basta may mga renters/tenants ang properties mo, tuluy-tuloy ang income mo.

[flashspeed229]

Good Afternoon GMs. Sana may maksagot sa tanong ko. Kumuha po kasi ako bahay sa Globe Asiatique. Then nagkaproblema sila. Na delay po kasi ako ng 3 months sa monthly installment ko. Ngayon I am facilng late charges saka 2% interest nung Balance daw ng TCP. J\Kung di ko daw mabayaran yung total na 50K. Rescind daw nila contract to sell ko. Ang totoo, di ko pa napirmahan Contract to Sell ko sa kanila kasi may may portions na blanko dun sa Contact to Sell. Gaya nung sinabi nila na 2% interest rate sa Balance ng TCP, blanko ang nakalagay sa part na yun ng contract. Pwede ko ho ba hindi bayaran yun kasi di pa naman ako nag agree sa Contract. Anong mangyayari usually sa ganitong scenario. Tnx in advnace po.

[Guns of the Patriots]

Mga sir and ma'am. May tanong lang po regarding this.....

 

What is the advisable percentage of downpayment na kailangang ipunin para bumili ng lote (and kung uutang sa bank)?

 

Also, (I'm not sure if this is proper to ask) what is the best philippine bank to engage with regards to housing loans?

 

TIA.

[hitomi]

Good Afternoon GMs. Sana may maksagot sa tanong ko. Kumuha po kasi ako bahay sa Globe Asiatique. Then nagkaproblema sila. Na delay po kasi ako ng 3 months sa monthly installment ko. Ngayon I am facilng late charges saka 2% interest nung Balance daw ng TCP. J\Kung di ko daw mabayaran yung total na 50K. Rescind daw nila contract to sell ko. Ang totoo, di ko pa napirmahan Contract to Sell ko sa kanila kasi may may portions na blanko dun sa Contact to Sell. Gaya nung sinabi nila na 2% interest rate sa Balance ng TCP, blanko ang nakalagay sa part na yun ng contract. Pwede ko ho ba hindi bayaran yun kasi di pa naman ako nag agree sa Contract. Anong mangyayari usually sa ganitong scenario. Tnx in advnace po.

 

Talk with a lawyer. Just one consulting session will be ok, you can afford that.

[hitomi]

Mga sir and ma'am. May tanong lang po regarding this.....

 

What is the advisable percentage of downpayment na kailangang ipunin para bumili ng lote (and kung uutang sa bank)?

 

Also, (I'm not sure if this is proper to ask) what is the best philippine bank to engage with regards to housing loans?

 

TIA.

 

Usually - it varies from bank to bank - they will loan you 80% of the evaluated price. The 20% must come from you.

You can shop around and compare interest rates, fees and customer service. It's a buyers market out there.

[daclown]

whoa. tagal nang walang dalaw ang thread na ito.hehe

 

anyway, tanong ko sa inyo mga masters kung reliable ba yung mga nagbebenta ng "bank foreclosed" lot online (like sulit or olx) pero advertised by an individual (baka agent, etc.)?

[kobejacksingh]

When investing in real estate the one thing that will always matter is the location. Location is everything. Keep that in mind lang mga pre

[adyuts]

I agree with the location. future of the location is also something I keep an eye. Manila is no brainer but mahal na huhuhu!

[bugoy]

you can never go wrong investing in real estate coz God is no longer creating land but people are multiplying like mosquitoes...

[Vegetae999]

Hi guys i need ur opinion, Im planning to rent a place to build my own business but the owner of the place said that i should do a feasibilty study first to know that if there is really a market on what im going to do with his place.

Is it like the owner is denying me or what?

[biggyprox]

HI guys, here is a question that has been bothering me. Is it profitable to build say a townhouse/apartment and rent it out? Wouldnt the cost of the land and the construction be too much before I get a return of my investment?

 

For example, a 300 sq.m. lot can be divided into 4 doors. Each door would have 75sqm of land to put up a townhouse. The floor area of the townhouse would be around 150 sqm. Ok price equivalent for one door, lot price at p1125000. construction cot would be at p3000000. A total of p4,125,000. Let say I could rent it out for p40000/month. It would take me roughly 8 and a half years before i see any profit...isnt that too long to wait for ROI?

[sanchezZZZzz]

HI guys, here is a question that has been bothering me. Is it profitable to build say a townhouse/apartment and rent it out? Wouldnt the cost of the land and the construction be too much before I get a return of my investment?

 

For example, a 300 sq.m. lot can be divided into 4 doors. Each door would have 75sqm of land to put up a townhouse. The floor area of the townhouse would be around 150 sqm. Ok price equivalent for one door, lot price at p1125000. construction cot would be at p3000000. A total of p4,125,000. Let say I could rent it out for p40000/month. It would take me roughly 8 and a half years before i see any profit...isnt that too long to wait for ROI?

If your number is right , and what I mean by right is you carefully analyze your construction plan, engineers plan costs, idadaan mo b s contractor or engineer ung construction para solid estimate na ung nasa sinabe mong 3M for 4-units.. at na search mo na din Ang subdivision and even kabilang streets na 8-12k monthly with the same size ng lot area / floor area / and bedroom Kaya nag come up ka ng 10k monthly

 

Pagpalagay nalang naten na Tama Ang computation mo, Hindi kana lugi sa ROI mo na 8.5yrs.. dahil ibig sabihin kumikita ang investment mo ng 10%+ per annum + may physical and solely sayo at walang kahati sa hard assets

 

Per may factors Yan na Hindi mo ma reach Ang 8.5yrs dahil pag Hindi nagbayad ng rent + umalis at na vacant Ang property for many months + umalis at my mga nasira na.. pero pwede mo Naman Yan to counter by increasing your monthly rent for 10% annually..

 

 

Ako to share lang, may nabiling property worth 1.1M, nag repairs ako all through out ng 50k,, so Bali 1.150M, monthly rent ko since good location as is 10k,, for 2bedrooms, 1 car garage with roof, 2storey, 1bath, 1kitchen, 1sala 44lot area 45floor area.. Bali I am seeing these through of roughly 10years with inflation and repairs dahil contractor ako at nakakaintindi ng budget / costs / investment return..

 

Your case is in different situation kase,, land palang + permits + meralco + water + Yung diskarte ng gagawa + Yung weather factors which may lead you into more cost of delay in man power and money.. and may napansin akong may ikagaganda pa ng Plano mo,, your 75sq m lot area turn into 150 sqm floor area (youre talking into 3rd floor property which may lead to higher costs Kaya ung estimate mo na 3M for 4rooms 3rd floor magawa mo un if you are highly skilled in doing property with your own diskarte in making it

 

Excited ako saying sa endeavor mo.. kase ako gawa ako ng gawa ng plan ng ilang ulit sa construction properties tapos Hindi ko natutuloy kase after of scrutinizing the plan, double check upto tenth check andaming na leleft over. Kaya klangan my buffer ka money na reserve

[biggyprox]

If your number is right , and what I mean by right is you carefully analyze your construction plan, engineers plan costs, idadaan mo b s contractor or engineer ung construction para solid estimate na ung nasa sinabe mong 3M for 4-units.. at na search mo na din Ang subdivision and even kabilang streets na 8-12k monthly with the same size ng lot area / floor area / and bedroom Kaya nag come up ka ng 10k monthly

 

Pagpalagay nalang naten na Tama Ang computation mo, Hindi kana lugi sa ROI mo na 8.5yrs.. dahil ibig sabihin kumikita ang investment mo ng 10%+ per annum + may physical and solely sayo at walang kahati sa hard assets

 

Per may factors Yan na Hindi mo ma reach Ang 8.5yrs dahil pag Hindi nagbayad ng rent + umalis at na vacant Ang property for many months + umalis at my mga nasira na.. pero pwede mo Naman Yan to counter by increasing your monthly rent for 10% annually..

 

 

Ako to share lang, may nabiling property worth 1.1M, nag repairs ako all through out ng 50k,, so Bali 1.150M, monthly rent ko since good location as is 10k,, for 2bedrooms, 1 car garage with roof, 2storey, 1bath, 1kitchen, 1sala 44lot area 45floor area.. Bali I am seeing these through of roughly 10years with inflation and repairs dahil contractor ako at nakakaintindi ng budget / costs / investment return..

 

Your case is in different situation kase,, land palang + permits + meralco + water + Yung diskarte ng gagawa + Yung weather factors which may lead you into more cost of delay in man power and money.. and may napansin akong may ikagaganda pa ng Plano mo,, your 75sq m lot area turn into 150 sqm floor area (youre talking into 3rd floor property which may lead to higher costs Kaya ung estimate mo na 3M for 4rooms 3rd floor magawa mo un if you are highly skilled in doing property with your own diskarte in making it

 

Excited ako saying sa endeavor mo.. kase ako gawa ako ng gawa ng plan ng ilang ulit sa construction properties tapos Hindi ko natutuloy kase after of scrutinizing the plan, double check upto tenth check andaming na leleft over. Kaya klangan my buffer ka money na reserve

Thank you for the reply sir.

 

My estimate is for just one unit/door. That would cost around 4M with the lot included, and planning to rent it out for 40k a month. I think the amount is immaterial to my question. The thing is would it be feasible for the ROI to reach 8-10years through renting out the property. Would it be considered a good investment already if I see a profit only at 8-10th year upon start of renting it out?

[MRROUGHSEX]

Thank you for the reply sir.

 

My estimate is for just one unit/door. That would cost around 4M with the lot included, and planning to rent it out for 40k a month. I think the amount is immaterial to my question. The thing is would it be feasible for the ROI to reach 8-10years through renting out the property. Would it be considered a good investment already if I see a profit only at 8-10th year upon start of renting it out?

You have 2 choices - include land and construction cost (CAPEX) or not.

 

If you choose to include, then you include depreciation in your analysis and trend it to the life of the property.

 

If not, then you trend your operational performance using only operational expense (OPEX, hence no depreciation). Then do the CAPEX analysis separately where you calculate make assumptions of future market value of your original CAPEX.

[julz2006]

Real Estate agents are now regulated with tye RESA Law.So they abide woth certain regulations. Just check with the developer if the agent is accredited and perhaps inquire about his/her track record. Also,normally agents don't take money from clients directly. It has to be deposited to the developer's bank account.

 

Just my 2 cents.

 

Is this in Palo Alto,Canlubang,Laguna?