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As for the concern of oversupply, we do conduct studies re: market demands. in fact, per historical data, we were always able to achieve our goals during preselling. some still purchase extra units as forms of investment.
moreover, i believe sustainable developments of a community is needed for projects like these. unlike vacation houses, say in tagaytay highlands, it is not imperative that houses be so far away from each other. we are social beings after all, and that's why the more vibrant the community is, the more the land and developments thereof will appreciate. rest assured though that fort bonifacio will remain "green". it has allocated a big deal of the entire area for greenery and parks so it won't get as crowded like similar ventures.
Thats also one thing I don't like about these developments. All these big developers make sure the achieve their presale targets before the costly construction is made. So where is the incentive for you guys to make a good job since you already have the money? It finish usually ends up worse than the brochures.As for the concern of oversupply, we do conduct studies re: market demands. in fact, per historical data, we were always able to achieve our goals during preselling. some still purchase extra units as forms of investment.
Hi Monarchrising. Let me guess, you envision yourself to be owning a financial empire and ruling as its monarch someday.
Anyways, let me provide a few insights to your question.
There are many types of buyers and among them are speculators. They buy property, rent it out a a price that will cover the monthly amortization, association dues, and property taxes that goes with it. So for people like us, we have two concerns:
1. Is it located in a spot close to transportation, commercial center, school, or any amenity that will increase my chances of having the property rented out?
2. How long can you stretch its financing? Of course the longer, the smaller the monthly amortization enabling the rent to cover the amortization. Interest is given that you pay more if you stretch it longer but the bottom line is the shrunken amortization should be a lot smaller than the possible rent price.
There are other miscellaneous concerns. Fore example, we have a condo in Ortigas Center right behind UAP. It's very suitable for a dormitory. The problem is this stupid association does not allow commercial offices in the condo including dormitories. Sayang, I could borrow as much as 20 million pa naman from SSS to finance the renovation. Problema ko lang baka magkaproblema sa papers. I sa pa yang BF Homes Pque na yan. Hinaharass lahat ng residents and businesses sa loob ng subdivision.
Megaworld? Hmmm. I'll be honest. I'm not too impressed with this company.
how much can one loan from sss? pag-ibig?
pag-ibig - 2.5 million (9% interest per annum) - bumaba from 12% - promo daw nila yan
how do you invest in real estate?
i would like to ask for your opinions please.im currently a tutor and would like to make it BIG (meaning earn BIG amounts ) within the real estate biz. where do i have to go to or what company should i apply to?
also, is there a way i can jus do middleman biz by looking for buyers/sellers of a property then make commissions here?
most important:what info do i need to know about selling/transfering/titles and stuff?
any good advice is most welcome.
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