How to Make Money in today's environment

[Trigger]

How about Philippines? More and more people buying into central Makati. Have heard agents pitching $125k 1 bed can get $800-1k rental/month. Yield seems pretty good if true, plus capital potential.

[CCR]

How about Philippines? More and more people buying into central Makati. Have heard agents pitching $125k 1 bed can get $800-1k rental/month. Yield seems pretty good if true, plus capital potential.

Their interest rates High?

[Ringo33]

How about Philippines? More and more people buying into central Makati. Have heard agents pitching $125k 1 bed can get $800-1k rental/month. Yield seems pretty good if true, plus capital potential.

"agents says" is a very dangerous piece of advice.

[newbie11]

Their interest rates High?

High but seldom ppl take loan. Developers allow 5 year interest free repayment scheme.

[Trigger]

Their interest rates High?

For that quantum mostly no loan required. So any views on makati?

[Ringo33]

Anybody here familiar with commercial office space?

a) Whats the financing arrangement like? TDSR apply?

b) Do you need to engage specialized agent to find tenant for commercial offices?

c) What is the idea office space size for suburban offices?

[Adva181]

Double post

[Adva181]

a) Whats the financing arrangement like? TDSR apply?
Yes TDSR apply. GST as well for individual. If u buy under company, u can claim back the GST. 80% LTV for own use and 70% LTV for investment.

b) Do you need to engage specialized agent to find tenant for commercial offices?
Similar to residential, every agent has their niche market. It depends on location and type as well, retail or office etc?


c) What is the idea office space size for suburban offices?[/QUOTE]
Again, it depends on type, industrial office, commercial office etc. office cannot be too mm like condo or else very difficult to find tenant.

[MGM]

Do any of you guys have any constructive comments on investing via a Group or pooling of investors in property (residential or commercial)?

What are the pit-falls? Legal aspects? Issues?

Perhaps this can be a way to spread your risk and as Ringo 33 says invest in commercial segment where there is less restrictions.

But heard from others who tried this method, that the more people involved the more problems there will be, because not everyone is with same intention or views... seems risky?

[Royston8H]

Do you know how much interest does Philippines banks charge for interest?

How about Philippines? More and more people buying into central Makati. Have heard agents pitching $125k 1 bed can get $800-1k rental/month. Yield seems pretty good if true, plus capital potential.