INVESTMENT PROPERTIES

INVESTMENT PROPERTIES

0 Comments
Philippines real estate investment fund

Investment Properties

Income Producing Properties in Dumaguete City

Any real estate bought at or below market values is usually a good investment, however if you can add income generating revenue to the equation the net result is usually well above average return on investment. nike air max tavas With rental properties one of the key determining factor to these high ROI’s is vacancy rates. nike air max 1 You just don’t have to have a business degree to understand the logic that the lower the vacancy rate, the higher the revenues and subsequently the higher the returns. moncler pas cher When looking for investment properties, it is important to research carefully the market in which you will be investing. soldes puma chaussure In the case of Dumaguete City, its elevation to prominence on the world stage after being singled out by both Forbes Magazine and Yahoo as one of the top 5 places in the world to retire to, the effect has been dramatic. For years the rental market was stagnant, as the main population influx was seasonal and reflected in the vacancy rates. Timberland Pas Cher During the months of approximately December to April “snowbirds” flocked to the city for temporary stays in warmer climates and at that time it vacancy rates were in the low single digits. However for the remainder of the year it was a tenants market and the rental unit choices abundant. With landlords looking at vacancy rates in the 20-30% for six months of the year, there was little incentive for investors to build new units. With the explosion in popularity of Dumaguete City and surrounding Negros as a retirement destination, the fundamentals of a rental income generating property in the area have changed considerably. Currently, even though we are in what has usually been considerred the slow season, there is a vast shortage of rental units available. Though anything resembling accurate statistics in the Philippines is difficult to obtain, with my wife being in the real estate business, the anecdotel evidence is hard to ignore. On average she will receive upwards of 10-15 concrete inquiries per week and 95% of those she is not able to satisfy. Simply put, the availability of western standard rental units in an afforadable price range is virtually non-existent. timberland soldes As it looks like there will be little slowdown in the exodus to Dumaguete City, the question now becomes, is it a good time and place to be in the rental unit business and the resounding answer is, not a doubt! To those of you who would like to explore this investment option, we can suggest an immediate entry by purchasing an established income property such as those listed below. bottes timberland For others, a second option will be the purchase of a land and the development to custom specifications of a rental units. For those, please feel free to visit our Construction and Development website at NEGROS CONSTRUCTION.COM where we can help you from feasibility study, to design and construction and ultimately rental of your units to responsible tenants.

Financial planning for your Filipino family

0 Comments
financial planning

PREPARING FINANCIALLY FOR MY NEW FAMILY IN THE PHILIPPINES

FOR NOW AND AFTER I AM DEAD AND BURIED

Recently, Terence wrote an article for us opening up the discussion about starting a family (at what some people consider), an advanced age and it was an article I thoroughly enjoyed. The articles focussed more on the morality of the phenomena, but when we posted the link onto social media sites, I received a surprise. asicss neakers pas cher Though response was quick in basically expressing the opinion that if other people had an issue with it, that was their problem and not that of us who chose to start the new family at 50+. But, the discussions quickly turned to the financial aspects . Before I address my own personal financial concerns , let me just tell you first; These expressions entirely mirror my own feelings. I am a 53 year old in love with 30 year old beauty whom I adore, respect and TRUST. She is also smart, kind, loving and to be blunt, everything I always wanted in a partner. Though we sometimes have some rough times, which are as much my fault as hers, I have total faith that we will be together and have a vibrant relationship until the day one of us die. And yes, it will likely be me who kicks the bucket first. chaussures puma 2018 Thems just the odds that I have to accept. Now, like most guys I know from back in Canada, I got married for the first time in my 20’s, had a daughter, got divorced and was at the best of times just a part time Dad who never got to be there through all the important parts of my child’s upbringing. Though I love my daughter, I really don’t know her as well as I believe I should and certainly was not able to impact her development into the young woman she is today to any great degree. Until recently I believed that that the experience of being a full time parent, through good times and trying times would be one that I would pass me by and that I would die one day without passing the “Mckissock” torch on to someone whom I helped mold into a young adult. Well now that has changed! I do plan on having kids and like most of you who commented feel there is nothing wrong with that! So on to the financial planning part and this is where I become a little worried I am Canadian, and do not , and probably never will receive a pension or other Government benefits. nike air max 2016 I saw a lot of comments posted about those of you who do receive different benefits, and though I am happy for you and respect the fact that most of you worked darn hard all your life to get deserve what you receive now, I have to bring up the point that maybe you are going out on a limb to expect and depend on that cash forever. Especially now that you have a family again and you are not the only one who will need a roof over their head, food in their stomachs and some decent prospects for their futures. new balance 2018 I personally have seen over the years, and recently with increasing frequency, changes in Government policies all over the world , that are basically cutting back social benefits in response to the financial realities of today’s aging population demographics, global economic woes and mismanagement of the public purse strings. I have heard anecdotal evidence from Expats here in the Philippines of how it has affected them and it ain’t pretty but would be even uglier if any of the stories I heard involved men that now had a family of 4 or 5 to support. Neither am I rich with a pile of money sitting in some bank or investment portfolio, so like it or not, I am going to have to continue working hard every day to finance the requirements of the new family I intend to have. But that is not really my worry. I am an entrepreneur and businessman. Always have been and though I have never been filthy rich, I have always had no problem making money and living an enjoyable lifestyle. while I am alive, and physically and mentally capable of work, I have no doubt that I will provide all that my family needs, but my nagging concern is what happens when I die. This is where I hope and pray that my wife doesn’t take a sudden interest in my articles and read this because I know it will hurt her on several different levels. I know as well that there are some of you out there that might also take offence but I do believe there are a whole lot more for whom my comments will strike a chord. acheter newbalance It has been my experience so far in the Philippines , that most Filipinos have problems with money and it is not a problem that will ever be solved by having more of it. My wife is typical in that way and as much as I love and respect her, the ability to plan financially and budget is virtually non existent. I do know it has nothing to do with intelligence or education but rather believe it is a cultural thing that will probably never change. I think there are several dynamics at work, the major one being that my wife is basically insecure, like many Filipinas(for reasons I cannot fathom), and so when she does have money, it is used in such a way as to show other people that she is successful and doing well. I have come to believe that even this extraordinary Filipino tradition of “giving” to the family is not as simple as it seems. For my wife, though I am sure she cares immensely for the well being of her family, A lot of the family donations are given with the deeper intent of proving to them that she is successful. As for my kids being the financial masters of the household, maybe someday, but probably not in my lifetime. Even if I were to have a kid today, they would only be in their early 20’s before I was in my mid 70’s. No way will they have the experience or maturity. doudoune canada goose pas cher I could go on , but my point is very simple. Though I do have confidence in my ability to support my future family while I am around and capable of work, I do not have that same feeling for when that is not the case. I do not say this in a way that is derogatory or to insult, judge or demean my wife or the Filipino culture, just as a statement of what will be going through my mind when planning for the financial stability of my family’s future. Quite honestly, I will probably plan in such a way as to take the major financial decisions out of my wife’s hands.

RESTAURANT FOR SALE – DUMAGUETE

3 Comments
italian restaurant for sale

Italian restaurant for sale in Dumaguete City

This turnkey operation is one of the premiere restaurants in downtown Dumaguete City. bottes ugg pas cher soldes puma chaussures puma chaussure 2018 asics chaussures Chaussures Homme Asics Doudoune Canada Goose nike huarache Parka Canada Goose ugg enfant canada goose pas cher It has been in operation for 2 years and currently runs at a profit with stable monthly revenue on operations . asics en ligne nike hypervenom ugg france ugg soldes 2018 ugg australia pas cher asics sneakers bottes timberland moncler pas cher doudoune canada goose acheter newbalance If you have always dreamed of running your own restaurant, nike pas cher chaussures puma pas cher Parka Canada Goose nike hypervenom nike air huarache avis nike air max 95 timberland femme this is your chance to walk into an already successful venture. acheter newbalance en ligne Soldes Timberland nike air max tavas nike air max 2015 canada goose pas cher Timberland FR chaussures puma 2018 pas cher Canada Goose Femme nike internationalist nike air presto Just add a few of your own touches and watch your business grow! The restaurant is well branded but should you want to purchase it without the name brand, doudoune canada goose air max 1 og New Balance Homme air max 90 femme nike tn pas cher homme canada goose Timberland Homme the owner would be open to that option for a reduced price. soldes air max pas cher air max 90 femme nike air huarache avis timberland sitemap moncler soldes asics sneakers 2018 new balance sitemap Timberland Femme Pas Cher ugg pas cher femme puma chaussure 2018 With motivated ownership revenue could be increased 50% and provide an owner operator a great semi retirement income in a business that will be your passion to operate.