Investing in Farmland with CLOA Title

Posted 3 CommentsPosted in Farms, Investments, Passive Income, Real Estate

For the charitable-Ilocana* and I, investing in a farm land is way beyond our investment appetite given the large capital outlay, it is pretty much a leap of faith. Way outside our comfort zone, but we had to jump, to start fulfilling our field-of-dreams (literally).

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SMDC Grace Residences: Updated Countdown to Turnover

Posted 6 CommentsPosted in Condominium / House & Lot, Investments, Real Estate, Personal Finance

This is just our own unofficial countdown. If you ask SMDC peeps, they are not yet willing to commit to a turnover date but based on our request of DP extension to SMDC (from Dec2015 to Dec2016 in lieu of delayed turnover, a request which they granted), it seems that Dec2016 / 4Q2016 is indeed a more plausible turn-over timetable.

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Step By Step Guide on Land Title Transfer in the Philippines

Posted Leave a commentPosted in Investments, Home Loans, Credit and Loans, Real Estate

Wrote the posts based on my personal experience when I solely handled the title transfer of the house and lot we bought way back then. I have observed that many still inquire about the steps, requirements among other things, maybe because Pinoys prefer to do this processing on their own, instead of outsourcing it to brokers, agents etc whose actual day job is to transfer titles.

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SMDC Grace Residences: Parking Slots

Posted 3 CommentsPosted in Condominium / House & Lot, Plugs, Marketing, Real Estate

I was surprised to learn that the cost per parking slot now starts at PHP750K, exclusive of 12% VAT and 6.5% other charges. So all in all, it’s at least PHP888,750. Crazy. I wonder how much the rival developer’s parking slot costs now, three years since. I just hope this means the property valuation of the actual condo unit has already appreciated too.

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Get a Home Loan Soon(er); Loan-to-Value (LTV) and Interest Considerations

Posted 6 CommentsPosted in Condominium / House & Lot, Economics 101, Suggested Readings, Credit and Loans, Economics, Personal Loans

BSP is planning to lower and tighten the LTV cap to 60%, which means future borrowers will have to shell out higher DP at 40%. This effectively makes the target market for home loans smaller since not everyone can easily afford a 40% DP.

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Piglets, Price and Profit: Start-up Piggery Business

Posted 112 CommentsPosted in Farms, Investments, Passive Income, Business Ideas, Business & Entrepreneurship

Say a grown pig averages 90kg upon sale. Trade price as of this writing is at Php120 per kilo of live pig. Per kilo of pork meat (essentially a dead sliced pig) is higher given the mark-ups (butchering plus transportation costs, and less the weight of inedible parts). Anyway, if you sell a pig of 90kg at Php120 per kilo, that translates to Php10,800 gross sale. Less investment cost of Php7,765, net income is Php3,035.

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