Rental Property in the Philippines? Any opinion?

Question

Hi, I’m new to this group. I started investing in the Philippines 10 years ago. Started with a condo unit and now i have 3 all paid off and a decent size of land close to the new airport that they are currently building. The 3 condo units are providing minthly cashflow. I’m working on acquiring 5 units of townhouses pre-construction.

Thanks BiggerPockets for the quality of information that you deliver!!! It help me a lot in understanding more in real estate.

John Paras · Answer

@Shariff Olis

Hi Shariff,

First off, nicely done with your fully paid condos generating rent income.

Which location are you looking at in the Philippines for the townhouses? And what sort of advice do you need?

I'm working as a broker here. Would love to help out even we're all stuck at home because of the virus.

Cheers and keep safe,

John

Reyjen Arcelon · Answer

Hi, im reyjen arcelon and im also from cebu. I am following the biggerpockets group for a long time now. I would like to start rental business here but I don't know how to do so. Where in cebu are you Sir?

Lope Encarnacion · Answer

@Shariff Olis maybe you could tell us more about how you find deals in your area. would be nice to compare notes on property markets in Manila and Cebu.

Carlo Gabriel C. Calderon · Answer

Also from the Philippines here. I'm still a freshman in college and I'll be getting my real estate agent license next year due to having a requirement of finishing at least until sophomore year. I would really be interested in learning more about the market in the Philippines and I believe this forum post will be really informative so I'll be following it from here on out. Hope I could learn from your replies and stay safe from COVID 19!

Travis Elliott · Answer

Tommie from me or Sharif?

Tommie Moore · Answer

@Travis Elliott hi I would like some info

Travis Elliott · Answer

Hello Shariff

I am just getting into investing in Cebu as well. I have investments back home but I am currently learning the market here.

Would you care to detail your former purchases

Rental Property in the Philippines? Any opinion?

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