Comments on: Why Is Investing In Real Estate So Much Better Than Investing In Stocks? (Part 3: Control) http://www.foreclosurephilippines.com/2009/01/real-estate-or-stocks-where-do-i-invest.html Your trusted resource for foreclosure investing in the Philippines with listings of foreclosed properties, real estate auctions, real estate investing tips, and more! Wed, 08 Feb 2012 16:17:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: pinchas http://www.foreclosurephilippines.com/2009/01/real-estate-or-stocks-where-do-i-invest.html#comment-208 pinchas Mon, 23 Nov 2009 17:58:43 +0000 http://localhost/wordpress/index.php/2009/01/why-is-investing-in-real-estate-so-much-better-than-investing-in-stocks-part-3-control.html#comment-208 Always bear in mind that your own resolution to succeed is more important than any one thing. Always bear in mind that your own resolution to succeed is more important than any one thing.

]]> By: andresubayon http://www.foreclosurephilippines.com/2009/01/real-estate-or-stocks-where-do-i-invest.html#comment-206 andresubayon Thu, 14 May 2009 04:13:00 +0000 http://localhost/wordpress/index.php/2009/01/why-is-investing-in-real-estate-so-much-better-than-investing-in-stocks-part-3-control.html#comment-206 Hi Jay, thank you for the reply. <br /><br />You've mentioned about having a broker can do wonders, I was thinking of being one so I can have a deeper understanding on real estate which I believe would be of big help on future endeavors. How can one be a broker? Is it advisable to us newbies to be one especially for me who is entirely new in this field?<br /><br />Thanks. You've been a big help especially for us newbies. God bless. Hi Jay, thank you for the reply.

You’ve mentioned about having a broker can do wonders, I was thinking of being one so I can have a deeper understanding on real estate which I believe would be of big help on future endeavors. How can one be a broker? Is it advisable to us newbies to be one especially for me who is entirely new in this field?

Thanks. You’ve been a big help especially for us newbies. God bless.

]]> By: Jay Castillo http://www.foreclosurephilippines.com/2009/01/real-estate-or-stocks-where-do-i-invest.html#comment-205 Jay Castillo Mon, 11 May 2009 04:09:00 +0000 http://localhost/wordpress/index.php/2009/01/why-is-investing-in-real-estate-so-much-better-than-investing-in-stocks-part-3-control.html#comment-205 Hi andresubayon, excellent question! A question like this has kept me awake lots of times before but thanks to my mentors, I now have answers for this. First of all, assuming that a property has remained vacant for a year or 2, one should first do a research on what are the going rates for nearby rentals, this would offer a clue as to what rental rates you should be offering, you might find out that you are overpricing your rentals. Once you determine this, offer the same rental of nearby rentals and proceed with marketing the property. Marketing is the key! You can market both online and offline (this deserves an entire blog post)be. Now if there are still no tenants after a month, the next step would be to undercut your rates by 5%, then proceed with marketing again for another month. It would also help if you can get feedback from would-be tenants why they chose not to rent the property. Other strategies like staging the property( furnishing it and showing how it would look like in a lived-in condition to prospective tenants), offering discounts and freebies, etc, would also be a big help. Having a broker would also do wonders, that's what I did and my property already had a buyer even before renovation was finished.<br /><br />Ideally, the research on the current rental rates should have been done before the property was bought, along with establishing if there really was a market(would anyone be really interested on renting the property in a particular area in the first place?). Hi andresubayon, excellent question! A question like this has kept me awake lots of times before but thanks to my mentors, I now have answers for this. First of all, assuming that a property has remained vacant for a year or 2, one should first do a research on what are the going rates for nearby rentals, this would offer a clue as to what rental rates you should be offering, you might find out that you are overpricing your rentals. Once you determine this, offer the same rental of nearby rentals and proceed with marketing the property. Marketing is the key! You can market both online and offline (this deserves an entire blog post)be. Now if there are still no tenants after a month, the next step would be to undercut your rates by 5%, then proceed with marketing again for another month. It would also help if you can get feedback from would-be tenants why they chose not to rent the property. Other strategies like staging the property( furnishing it and showing how it would look like in a lived-in condition to prospective tenants), offering discounts and freebies, etc, would also be a big help. Having a broker would also do wonders, that’s what I did and my property already had a buyer even before renovation was finished.

Ideally, the research on the current rental rates should have been done before the property was bought, along with establishing if there really was a market(would anyone be really interested on renting the property in a particular area in the first place?).

]]> By: andresubayon http://www.foreclosurephilippines.com/2009/01/real-estate-or-stocks-where-do-i-invest.html#comment-203 andresubayon Tue, 05 May 2009 05:25:00 +0000 http://localhost/wordpress/index.php/2009/01/why-is-investing-in-real-estate-so-much-better-than-investing-in-stocks-part-3-control.html#comment-203 Hi, im a newbie and very interested in venturing in real estate. Im just wondering and I worry what will happen if you have made a wrong choice of a foreclosed property (lets assume a worst case). Lets say you bought a 3-door apartment, financed with the bank and renovated it, thinking that it would be rented immediately and give you income. But after a year or two, it still hasnt been occupied. What is the best thing that you can do? Hi, im a newbie and very interested in venturing in real estate. Im just wondering and I worry what will happen if you have made a wrong choice of a foreclosed property (lets assume a worst case). Lets say you bought a 3-door apartment, financed with the bank and renovated it, thinking that it would be rented immediately and give you income. But after a year or two, it still hasnt been occupied. What is the best thing that you can do?

]]> By: andresubayon http://www.foreclosurephilippines.com/2009/01/real-estate-or-stocks-where-do-i-invest.html#comment-204 andresubayon Tue, 05 May 2009 05:15:00 +0000 http://localhost/wordpress/index.php/2009/01/why-is-investing-in-real-estate-so-much-better-than-investing-in-stocks-part-3-control.html#comment-204 Hi, im a newbie and very interested in venturing in real estate. And Im glad you have a blog like this which is very helpful and informative. Im just wondering and I worry what will happen if you have made a wrong choice of a foreclosed property (lets assume a worst case). Lets say you bought a 3-door apartment, financed with the bank and renovated it, thinking that it would be rented immediately and give you income. But after a year or two, it still hasnt been occupied. What is the best thing that you can do? Hi, im a newbie and very interested in venturing in real estate. And Im glad you have a blog like this which is very helpful and informative. Im just wondering and I worry what will happen if you have made a wrong choice of a foreclosed property (lets assume a worst case). Lets say you bought a 3-door apartment, financed with the bank and renovated it, thinking that it would be rented immediately and give you income. But after a year or two, it still hasnt been occupied. What is the best thing that you can do?

]]> By: Why Is Investing In Real Estate So Much Better Than Investing In Stocks? (Part 2: Less Risks) | Foreclosure Philippines http://www.foreclosurephilippines.com/2009/01/real-estate-or-stocks-where-do-i-invest.html#comment-207 Why Is Investing In Real Estate So Much Better Than Investing In Stocks? (Part 2: Less Risks) | Foreclosure Philippines Fri, 26 Dec 2008 08:30:49 +0000 http://localhost/wordpress/index.php/2009/01/why-is-investing-in-real-estate-so-much-better-than-investing-in-stocks-part-3-control.html#comment-207 [...] See below if you want to read the rest of this article:Part 1: LeveragePart 3: Control [...] [...] See below if you want to read the rest of this article:Part 1: LeveragePart 3: Control [...]

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