Ever wondered who could be the pioneer of foreclosure investing in the Philippines? Ever wished you could learn from the master himself?
Well, we are very lucky because Mr. Noli “El Subastahero” Alleje, will be conducting a seminar on May 25, 2013, Saturday, at the Philippine Stock Exchange (PSE) Auditorium (also known as the Tektite Building in Ortigas) entitled “Make Millions in Foreclosures”.
Mr. Noli is considered as one of the first Filipinos to specialize in investing in foreclosures.
Who is Mr. Noli “El Subastahero” Alleje?
Mr. Alleje started investing in foreclosed assets way back 1999 (This was even before Robert Kiyosaki’s book “Rich Dad, Poor Dad”, which was published last April 1, 2000). During the time when the Philippine economy was down and banks had billions of non-performing assets, he saw the diamonds in the rough and profited from them. It’s just like buying stocks when the values are at the lowest.
Mr. Alleje has since been able to invest in different types of real properties. He was able to auction billions of pesos’ worth of properties. In other words, he has 14 years of foreclosure investing experience tucked under his belt, surely a veritable treasure trove.
For those who want to know more about Mr. Noli “El Subastahero” Alleje, here’s a video of an interview of Mr. Alleje by Mr. Edric Mendoza of ANC “On the Money” – this is a very good “crash course” on foreclosure investing.
Why should we learn foreclosure investing?
At the moment, the Philippine economy is very strong, property prices are high, and construction of new projects are in full swing, so some may not be thinking too much about foreclosed assets. Real estate being cyclical, however, there are people predicting that the good times will soon be over and a property crash is imminent.
While we would never wish bad things on anybody, it is still better to know how to profit from a property bust in case it happens. In any case, it is good to know how to invest in real estate since there are always foreclosed properties (even now that we are in a boom period) that can bring very good returns.
What can we learn from the seminar?
According to Learning Curve, the seminar provider, the following topics will be discussed:
- The multi-billion market opportunity in foreclosures
- The coming real esrare bubble and how you can profit from it
- The 2 reasons why it’s better to buy bank foreclosures
- The 3 critical things you should do before buying a foreclosure
- The proper way to determine the right price of foreclosures
- The 5 things to look for when inspecting a foreclosed property
- The problem with real estate gurus and bestselling authors
- The no. 1 mistake when buying a property
- The 1 thing that will solve any problem in real estate
- The 5 strategies to make money from foreclosed properties
- The 5 key factors to consider before you buy a foreclosed property
- The 5 options for financing your purchase
What is most important, I believe, is the question and answer portion. I would love to pick his brains! If you have questions that have been brewing for some time, the seminar will be the best time to ask and finally get your answer.
My husband and I, with our 8-year old son CJ, will be attending his seminar, “Making Millions in Foreclosures” on May 25, 2013. The seminar will be from 1:30 to 5:30 pm at the PSE Auditorium in Ortigas. The learning fee is P1,000.00 per person if a ticket is bought until May 20, 2013. From May 21 to May 25, the fee will be P2,500.00.
I am looking forward to learning a lot from Mr. Alleje. I met him in RCBC Plaza a couple of weeks ago and he seems like a very nice guy. Actually, Jay and I already met Mr. Alleje several years ago when Jay won on his bid for a foreclosed property auctioned by Mr. Noli. Jay said he will write an article about it, that is, if he can find time to do so, since he is very busy with our foreclosed properties database.
Anyway, for those who also want to attend, you may purchase a ticket through the following link:
See you there!
Cherry Vi M. Saldua-Castillo
Real Estate Broker, Lawyer, and CPA
PRC Real Estate Broker License No. 3187
PRC CPA License No. 0102054
Roll of Attorneys No. 55239
2013 Internal Education Head, REBAP-LMP
Text by Jay Castillo and Cherry Castillo. Copyright © 2008 – 2013 All rights reserved.
Full disclosure: If purchase a ticket through our affiliate link, we are entitled to a modest affiliate fee.
Picture of Mr. Noli Alleje from Learning Curve