The huge demand and gain are just some of the few reasons why rentals are a great minor business to add some income. Here are some tips on how you can successfully rent out your extra place and get extra money.
We all deserve a place to call our own, and hopefully, we find that place and the financial literacy and leverage to make it happen.
Technology and modernization are here to stay. If you don’t evolve you die. If you keep on playing the victim, you die poor. Up your game. We’re all affected but not all of us stay affected. Don’t play the victim, take charge.
How can we overcome our fears and have the courage to start our own businesses? Better yet, how did successful entrepreneurs overcome their fears to start their own businesses?
I already have a bank loan approval and the bank already sent the bank guarantee to the developer (renewed 3 times) but the developer failed to provide the TCT to my bank since they have pending matters on their side.
I am glad that there is a website which helps Filipinos with their financial life. I have questions with regards to bank financing for real estate. I purchased a condo from one developer. My payment terms is 20% DP for 36 months and 80% bank financing.
Five years ago when I first published two articles (based on personal experience) on title transfer and annotation, I did not expect that it will be such a big hit in terms of most read (thousands) and most commented on (hundreds).
The agent assigned onsite, named Gerald, was kind enough to give us a tour of the Orchid tower to see what it looks like, as well as some amenities so below are some more pictures. When asked if Tower 2 – Lily is within schedule of 4Q2016 turn-over, he said that it might be safe to expect it by Jan2017. Sigh.
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.
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.